automotives

Retail Asia29/01/2019

The surge in demand for cars before the Lunar New Year means customers have to wait or pay extra to get immediate delivery. With only weeks to go for the Lunar New Year Festival (Tet), which falls on February 5 this year, consumers are rushing to order automobiles leading to a shortage in the market. […]

Retail Asia17/12/2018

Attractive prices and returns have seen the number of Chinese customers buying high-end apartments in HCMC soar this year. Duong Thuy Dung, senior director of real estate market research firm CBRE Vietnam, said at a recent forum that 31 percent of high-end apartment buyers in HCMC in the first nine months were Chinese. This figure […]

Retail Asia17/12/2018

The state-run Korea Development Bank (KDB) said Thursday it will complete its injection of $750 million into the Korean unit of General Motors later this month, ending a controversy over GM Korea’s plan to spin off its research unit. The KDB and GM signed a deal in May on the rescue package for GM Korea. […]

Retail Asia17/12/2018

October Singapore retail sales inched up by 0.5 per cent year on year, after excluding motor vehicle sales from the data. Month-on-month they fell by 2.1 per cent, reaching S$3.7 billion (US$2.69 billion). Online retail sales breached the 5 per cent threshold of total retail sales at 5.3 per cent for October. By category, sales […]

Retail Asia13/12/2018

As a result of its successful attempt to attract younger drivers with a new design and cost effectiveness, Hyundai Motor’s large Grandeur sedan is likely to be the best-selling car in Korea for a second consecutive year. Its hybrid engine largely contributed to the triumph. The Grandeur IG sold a total of 102,682 in Korea units […]

Retail Asia13/12/2018

Renault Samsung Motors, the Korean unit of French carmaker Renault S.A., is planning to start producing the Twizy ultra-small electric car in its sole domestic plant next year, industry sources said Monday. Renault Samsung, Busan Metropolitan City, and the Ministry of Trade, Industry and Energy are expected to sign an initial agreement this month to […]

Retail Asia28/11/2018

Global K-pop sensation BTS has been chosen as the face of Hyundai Motor’s new large Palisade SUV, which will premiere at the upcoming LA Auto Show. The carmaker said Tuesday that it has appointed the seven-member boy band as the global ambassadors for the vehicle. The group will introduce the car in a video to […]

Retail Asia16/11/2018

Anticipation is building as the countdown to the new Season of the Longines Masters Series enters its final stage. The new season of the international Show Jumping Series will start in Paris, home to the European leg of the Grand Slam Indoor of Show Jumping, on November 29 – December 2, 2018 before it continues […]

Tag: automotives

Excess car demand for Tet holiday drives prices up in Vietnam

Korea’s auto exports on the rise, but local industry still struggling

KDB to pay GM Korea by the end of the month

October Singapore retail sales static

Grandeur is likely to be Korea’s 2018 best-selling car

Renault to start making Twizy cars in Korea from next year

BTS to promote new Hyundai Palisade SUV

The Longines Masters of Hong Kong is back