Tag: auto news

Retail Asia11/12/2023
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6min0
The domestic auto market in Vietnam is experiencing a decline in car sales due to sluggish customer demand compared to previous years, according to local car experts. The experts said the number of customers visiting car dealerships has not increased compared to previous years, despite price reductions and promotions offered by car manufacturers during the […]

Retail Asia22/11/2023
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2min0
Ford has recalled 1,182 Everest and Explorer SUVs in Vietnam for engine control module software failure and a rearview camera display error. The Everest recall involves 185 vehicles, all produced at Ford’s factory in Thailand between June 28, 2022, and April 4 this year The American carmaker said the software failure causes the AdBlue warning […]

Retail Asia14/09/2023
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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
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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 Asia16/08/2023
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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
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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 […]

Retail Asia07/07/2023
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4min0
Volvo Cars has announced a significant surge in sales for the month of June. The company reported selling a total of 66,379 cars worldwide, marking a 33% increase compared to the same period last year. A major contributor to this is the demand for Volvo’s fully electric vehicles, which experienced a fourfold increase in sales compared […]

Retail Asia30/06/2023
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1min0
Chinese manufacturer Wuling has introduced the cheapest electric vehicle models in Vietnam. The newly-launched mini electric vehicle models were launched Thursday for prices starting at VND239 million ($10,139). The Wuling Hongguang Mini EV, which is assembled in Vietnam’s northern province of Hung Yen, is one of the smallest electric vehicles in the country. The four-seater, […]

Retail Asia26/06/2023
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2min0
Honda Motor has initiated a recall of approximately 1.2 million vehicles in the United States after a potential problem was identified with the rearview camera image, as confirmed by the National Highway Traffic Safety Administration (NHTSA) on Friday. The recall affects specific models including the 2018-2023 Odyssey, 2019-2022 Pilot, and 2019-2023 Passport. The issue stems […]

Retail Asia21/06/2023
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3min0
Tata Motors is placing a significant emphasis on the electric vehicle (EV) sector with a series of product launches in a bid to substantially increase its market share by 2030. According to the company’s recently published annual report for the fiscal year 2022-23 (April-March), Tata Motors anticipates that EVs will account for 25 percent of […]

Retail Asia08/06/2023
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2min0
Prime Minister Pham Minh Chinh has asked the Ministry of Finance to halve registration fees for locally-made or assembled automobiles starting July 1. A draft decree on the issue should be submitted to the Government for approval before June 15, he said. The cut will be in effect until the end of this year to boost falling […]


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