Category: Automotive

Retail Asia30/10/2023
Mercedes-AMG-C43-1280x720.jpg
1min0
Mercedes distributor Hang Xanh Motors Service Joint Stock Company saw net profits for the third quarter plummet by 87% year-on-year to VND8 billion (US$333,000). It attributed the fall to plunging sales and increasing costs. Administrative costs jumped 54% to VND29 billion, according to its audited financial statements. Its revenues fell by 44% to VND2.9 trillion, […]

Retail Asia16/10/2023
Geely.jpeg
1min0
Vietnam’s auto sales in September hit their highest peak since March, totaling 25,375 units, demonstrating a slight increase in demand. But the figure for the period is still a 24% year-on-year drop, according to the Vietnam Automobile Manufacturers Association (VAMA). In the first nine months sales dropped 29% year-on-year to 209,929 units. Truong Hai Auto […]

Retail Asia27/09/2023
2018-porsche-cayenne-28-1280x720.jpg
15min0
The third generation of Porsche “Sports Car for Five” features comprehensive upgrades to the powertrain, chassis, design, and equipment, further enhancing driving performance and offering luxurious comfort. With the vision “Further Together”, Porsche Vietnam unveiled the all-new and thoroughly refined Cayenne. The third generation of the luxury SUV made its national debut at the Contemporary […]

Retail Asia25/09/2023
Skoda-Octavia-1280x895.jpeg
2min0
Automobile distributor Thanh Cong launched two Skoda models with prices from VND1-1.4 billion (US$42,300-59,300) on Saturday. Before the Thanh Cong Viet Hung automobile plant in northern Quang NinhAutomobile distributor Thanh Cong launched two Skoda models with prices from VND1-1.4 billion (US$42,300-59,300) on Saturday. Before the Thanh Cong Viet Hung automobile plant in northern Quang Ninh […]

Retail Asia14/09/2023
vietnam-auto-import.jpg
1min0
Vietnam’s auto sales last month plunged nearly 27% year-on-year to 22,540 units as consumers continued to tighten their spending amid economic difficulties. Sales in August were lower than in June and July. So far this year March recorded the highest sales at over 30,000 units, according to the Vietnam Automobile Manufacturers Association, which does not […]

Retail Asia08/09/2023
The-new-My-Porsche-App-US--1280x740.jpeg
3min0
Porsche has expanded the functionality of the My Porsche App by integrating it with Apple CarPlay. This added functionality has established Porsche as the first automotive manufacturer to integrate vehicle functions into the CarPlay experience. The My Porsche App serves as a centralized hub for the digital management and control of vehicles. With this update, users […]

Retail Asia23/08/2023
HYO_hyosung2-scaled-1-1280x854.jpg
1min0
South Korean motorbike brand Hyosung has come to Vietnam with the GV300R, a 300 cc vehicle whose prices start at VND148 million (US$6,200). It has a 29.5-horsepower engine, a smart key, an LCD screen, and a pillion that costs around VND5 million. The motorbikes are manufactured in China. Hyosung belongs KR Motors, a company established […]

Retail Asia16/08/2023
ola-move-os-3-released.jpg
3min0
Ola Electric has announced a software upgrade for all Ola scooters. This latest software upgrade packs a lot of features and enhancements to the already existing features and functionalities. The company says the beta release for MoveOS 4 will take place on September 15th, followed by a public rollout somewhere around late October. Ola Electric […]

Retail Asia16/08/2023
Vinfast-LA-1280x800.png
2min0
VinFast has become the third most valuable electric vehicle maker behind Tesla and BYD with a market cap of US$85 billion. Its shares listed on the U.S.’s Nasdaq stock exchange Tuesday at $22 and closed at over $37 billion. VinFast’s market cap is higher than all EV startups in the U.S. combined. It also exceeds that […]

Retail Asia16/08/2023
carwash-1280x720.jpg
1min0
Auto sales jumped to 24,687 units in July, the second-highest monthly number this year behind only March. The Vietnam Automobile Manufacturers Association (VAMA), which provided the data – excluding TC Motor and VinFast sales – said however sales were down 18.4% year-on-year. The auto market has been going through a rough year amid low economic […]


About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.


CONTACT US

CALL US ANYTIME

Most read



Retail updates

Stay up to date of the lates updates and retail news from Asia.








X