car import

Retail Asia04/04/2023

Vietnamese firms spent over $903 million in the first quarter importing 41,780 completely-built-up (CBU) cars, according to a report by the General Statistics Office (GSO). The cumulative import turnover of CBU cars in Q1 2023 increased by 76% in volume and 60.8% in value compared to the same period last year. In March, 15,000 cars […]

Retail Asia23/01/2019

Mercedes-Benz Korea is setting its sights on the local eco-friendly auto market with the introduction of an all-electric vehicle (EV) along with hybrid offerings this year. The Korean unit of the German brand announced Thursday that it will be introducing 14 new models to the local market this year including the EQC, the first model […]

Retail Asia15/01/2019

Hyundai Motor, Korea’s largest carmaker, said Sunday that accumulated sales of its vehicles in China surpassed the 10 million unit mark in 2018. The milestone was reached 16 years after the company entered the key neighboring country, which has since become the largest market for new cars in the world. Hyundai first sold the midsize […]

Retail Asia03/01/2019

Hyundai Motor, Korea’s largest carmaker by sales, said Wednesday its December sales rose 0.4 percent from a year earlier on weak overseas demand. Hyundai sold 410,326 vehicles last month, up from 408,637 units a year earlier, the company said in a statement. Domestic sales jumped 22 percent to 64,835 units last month from 53,361 a […]

Retail Asia20/12/2018

Vietnam imported 72,650 cars this year, down nearly 20 percent over 2017, according to the Vietnam Customs. The import value of cars exceeded $1.64 billion this year, up 21 percent year-on-year, the agency said. Thailand and Indonesia remain major suppliers of Vietnam’s imported cars. From Thailand alone, Vietnam has imported more than 52,170 vehicles worth […]

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 Asia13/07/2018

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More than 126,000 autos were sold in Vietnam in the first half of the year, 106,600 of them locally assembled and over 19,000 imported ones. The Vietnam Automobile Manufacturers’ Association (VAMA) says that sales of locally assembled cars increased 10 percent over the same period last year, while that of imported cars plunged 49 percent. […]

Retail Asia07/02/2018

Some 1,000 cars worth US$94 million were imported to the Vietnamese market in January, reports the General Statistics Office. This marks a record drop of 86.2 per cent in volume and 38 per cent in value compared to the previous month. The drop comes after auto businesses, including Toyota Motors Vietnam and Honda, stopped importing autos due to the […]

Tag: car import

Imported cars flood local market despite of poor purchasing power

Mercedes EV to launch in Korea

Hyundai Motor sells more than 10 million cars in China

Hyundai sales ups a bit in December

Vietnam’s car imports down 20 pct in 2018

Renault to start making Twizy cars in Korea from next year

H1 car imports slow down to a crawl in Vietnam

Vietnam’s auto imports in record drop in January