Automotive

Don't Miss:

02/05/2024 Shopee races past other e-commerce rivals ( E-Tailing )
30/04/2024 TikTok, Facebook, and other foreign service providers pay $575M in taxes ( General )
29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )
29/04/2024 Skype rolls out update with new features for both Android and iOS ( General )
26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )

Retail Asia08/03/2021

Volvo Cars’ global sales performance remained strong in February after the company posted a 29.1 percent growth for the first two months of the year, compared with the same period last year. Total sales during the period amounted to 110,383 cars as US, Europe and China reported a growth in volumes. The sales increase was […]

CONTINUE READING

Retail Asia08/03/2021

We all knew Porsche as the carmaker but now the company is expanding its range of e-mobility products by introducing 2 new ebikes. Available in Europe for now, the Porsche eBike Sport and the Porsche eBike Cross are the first e-bikes from the carmaker. The full-suspension carbon frame featuring an organic shape inspired by the […]

CONTINUE READING

Retail Asia08/03/2021

The all-new Suzuki Hayabusa finally broke cover last month and it turns out the new offering will come to India sooner than we were expecting. Suzuki Motorcycle India has released a teaser video on its social media handles for the new Hayabusa with the caption, “The ultimate superbike, coming soon.” It is likely that the all-new superbike will arrive […]

CONTINUE READING

Retail Asia05/03/2021

Automaker VinFast has signed a memorandum of understanding on strategic cooperation with Taiwan’s ProLogium Technology Co.. Ltd. on production of batteries for electric cars in Vietnam. Under the MoU signed Wednesday, the two parties will set up a joint venture to manufacture solid-state batteries for electric cars. The joint venture will be licensed to use […]

CONTINUE READING

Retail Asia04/03/2021

The Jaguar I-Pace was originally scheduled for launch on March 9. However, the company has now announced that the wait will be a tad longer by a few weeks with the launch rescheduled to March 23, 2021. The I-Pace will be India’s second luxury electric offering after the Mercedes-Benz EQC and is likely to be priced around […]

CONTINUE READING

Retail Asia04/03/2021

Ford Vietnam has issued a recall order of 2,470 Ranger and Everest vehicles to update the software in the transmission control module (TCM) and powertrain control module (PCM). The recall program will begin on March 16 this year and last until March 15, 2023. The affected vehicles were produced between September 2019 to February 2020 […]

CONTINUE READING

Retail Asia04/03/2021

When the market value of Germany’s Volkswagen briefly rose above the 100-billion-euro mark on Wednesday for the first time since 2015, the boss of the normally staid carmaker took to Twitter, Elon Musk-style, to crow about it. VW shares soared as much as 6% after investment bank UBS raised its price target on the stock […]

CONTINUE READING

Retail Asia04/03/2021

General Motors Co said on Wednesday it was further extending production cuts at three North American plants and adding a fourth to the list of factories hit by the global semiconductor chip shortage. The extended cuts do not change GM’s forecast last month that the shortage could shave up to $2 billion from this year’s […]

CONTINUE READING

Retail Asia03/03/2021

Chinese-owned Swedish automaker Volvo said Tuesday it will produce only electric vehicles by 2030 and sell them all exclusively online. Volvo is among a growing crop of companies planning to ditch fossil fuel vehicles in the next few years, as demand for zero-emission cars rises and governments put pressure on firms to cut pollution. Indian-owned […]

CONTINUE READING

Retail Asia03/03/2021

static.english.vov_.vnw490uploadedo6gej4c09fi2016_09_12auto_OTHL-b0530a2520c465fa592069dbb43f1fc5aeead075-1024x1024.jpg

VinFast plans to set up an automobile plant in the U.S. as part of its strategy to start selling there in 2022, Bloomberg reported on Tuesday. The company, a subsidiary of conglomerate Vingroup, did not provide details about when it will be set up or where. Bloomberg quoted its CEO Thai Thanh Hai as saying: “VinFast’s […]

CONTINUE READING

Retail Asia02/03/2021

Automobili Lamborghini has achieved a new sales milestone in India by selling 100 units of its super-luxury SUV – the Lamborghini Urus. Currently the most affordable Lamborghini model in India, the Urus was launched in January 2018, and the first car was delivered the same year in September. Within one year, the company managed to […]

CONTINUE READING

Retail Asia01/03/2021

Volvo Cars is rolling out its first ever over-the-air (OTA) software update on the XC40 Recharge, the company’s first fully electric car. Starting soon, XC40 Recharge drivers in Europe will receive a range of updates, including new features, bug fixes and stability improvements to the car’s infotainment and propulsion systems. The introduction of OTA updates […]

CONTINUE READING

Retail Asia01/03/2021

Faurecia and Groupe Renault today announced their decision to collaborate on hydrogen storage systems for hydrogen light commercial vehicles. Starting at the end of 2021, Faurecia will supply hydrogen storage systems for a first fleet of light commercial vehicles. These systems will be developed and produced at its global centre of expertise in Bavans, France. […]

CONTINUE READING

Retail Asia25/02/2021

Toyota will recall 1,935 imported Hilux trucks due to a safety issue related to their brake system. The batch was produced in Thailand between June and December 2018 and imported by Toyota Vietnam. The company said the problem has occurred due to a degrading of the resin piston within the brake booster due to improper […]

CONTINUE READING

Retail Asia25/02/2021

Three years after we first got a glimpse, Harley-Davidson has launched its first-ever adventure motorcycle globally, the Pan America 1250. Harley will sell two variants of the Pan America, the Pan America 1250 and the Pan America 1250 Special. While the stance of the Pan America is typically that of an ADV, the face is what […]

CONTINUE READING

Retail Asia24/02/2021

Automaker VinFast plans to have over 2,000 charging stations set up nationwide this year to expand its electric vehicle ecosystem. The subsidiary of Vietnam’s largest private conglomerate, Vingroup, is looking to partner with other businesses to install these stations in apartment buildings, offices, malls, supermarkets, and other locations. It said in a statement that these […]

CONTINUE READING

Retail Asia24/02/2021

SSG-Food-Market-Landini-Associates-Trevor-Mein-Carpark-Signage-11-1280x960.jpg

Three smartphone models produced by VinSmart, a unit of Vietnamese private conglomerate Vingroup, have been sold in the U.S. since earlier this year. Carrier AT&T distributes the phones under the names Fusion Z, Motivate, and Maestro Plus through its own stores and some retail chains like Walmart. The model codes match those of three VinSmart […]

CONTINUE READING

Retail Asia22/02/2021

Bentley Motors has announced a three-year research study that aims to revolutionize the sustainability of electric motors. Supporting Bentley’s commitment to offering only hybrid or electric vehicles by 2026, the result could see recycled rare-earth magnets used in selected ancillary motors for the very first time. The study, titled RaRE (Rare-earth Recycling for E-machines), intends […]

CONTINUE READING

Retail Asia22/02/2021

The Ministry of Road Transport and Highways (MoRTH) has taken several significant steps to encourage electric mobility in India. Transport Minister Nitin Gadkari has advised people to use electric vehicles rather than petrol or diesel vehicles. According to a report from ANI, the Union Minister suggested that electric vehicles (EVs) should be mandatory for all […]

CONTINUE READING

Retail Asia19/02/2021

The global semiconductor chip shortage is not likely to significantly affect the financial profiles of Japan’s Toyota Motor Corp or Honda Motor Co, ratings agency Fitch said in a statement on Wednesday. The automakers have enough financial flexibility to absorb more costs and maintain significant rating headroom, even if the shortage persists till the second half […]

CONTINUE READING

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.

CALL US ANYTIME

Most read

Retail updates

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

X