car sales

Don't Miss:

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 )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )

Retail Asia16/10/2023

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 […]

CONTINUE READING

Retail Asia06/10/2023

4490328_VinFast_Fadil_xe.tinhte.vn_1-1280x853.jpg

Vietnamese electric car maker VinFast said on Thursday its third-quarter revenue more than doubled with the largest share of its sales going to an affiliate company owned by its founder. About 60% of VinFast’s deliveries, or more than 6,000 vehicles, went to Green SM (GSM), a Vietnam-based taxi operator and leasing provider 95% owned by […]

CONTINUE READING

Retail Asia16/08/2023

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 […]

CONTINUE READING

Retail Asia11/04/2023

Thanh Cong Group (TC Group) on April 11 announced its sales results for March with over 5,770 Hyundai automobiles sold in Vietnam last month, up 5.5% over February. Hyundai Accent continues to be the best-seller model in March with 1,355 units delivered to customers, followed by Hyundai Creta with 1,035 units – equal to the […]

CONTINUE READING

Retail Asia14/04/2022

Vietnam’s auto sales in March returned to growth with a 17 percent increase year-on-year to 36,962 units after two consecutive months of decline, according to Vietnam Automobile Manufacturers Association (VAMA). The figure was highest this year and brought sales in the first quarter to 90,506 units, up 27 percent year-on-year, said VAMA, which does not […]

CONTINUE READING

Retail Asia05/01/2022

BMW Group India has recorded the highest ever sales growth in a decade at 35 percent selling 8,876 cars (BMW + MINI) and 5,191 motorcycles in 2021. While the Bavarian carmaker sold 8,236 units of BMW cars, 640 units of MINI cars were sold in India. BMW India saw over 40 percent contribution from locally […]

CONTINUE READING

Retail Asia13/12/2021

November saw the highest monthly auto sales this year of 38,656 units as a discount in registration fees sent buyers scrambling to dealers’. The figure represented a 30 percent rise from October and a 6 percent increase year-on-year, according to the Vietnam Automobile Manufacturers Association. The government cut registration fees for locally produced cars by […]

CONTINUE READING

Retail Asia14/07/2021

Auto sales in the first six months rose 40 percent year-on-year to 150,481 units, according to Vietnam Automobile Manufacturers Association (VAMA). Passenger vehicles saw sales rise 37 percent in the period, while commercial vehicles grew 48 percent and special-purpose vehicles, 68 percent. Local brand Truong Hai Auto Corporation retained the top spot with 51,685 units, […]

CONTINUE READING

Retail Asia05/07/2021

Three auto brands have begun to sell online as they seek to take advantage of the country’s e-commerce boom. Since January this year customers have been able to go to the VinFast website, select the model, customize color and interiors, and indicate mode of payment. They can then go to the nearest showroom to complete […]

CONTINUE READING

Retail Asia13/04/2021

Mercedes-Benz cars sold 590,999 passenger cars globally in the first quarter of 2021 driven by China and US retail sales as well as strong demand for plug-in hybrids and all-electric vehicles. This marks a jump of 22.3 percent in sales globally compared to the same period last year. In Europe, one in four cars sold […]

CONTINUE READING

Retail Asia16/03/2021

Auto sales in the first two months of the year jumped by 21 percent to 40,017 units. Passenger vehicles dominated sales at 71 percent, according to the Vietnam Automobile Manufacturers Association. Local company Truong Hai Auto (Thaco) led the market with 14,964 units representing a 39 percent year-on-year increase. It was followed by Toyota (6,848), […]

CONTINUE READING

Retail Asia08/03/2021

Maruti Suzuki India has announced production figures for the month of February 2021. India’s leading carmaker said its total production increased by 19.3 percent to 1,68,180 units in February against 1,40,933 units produced in the same month last year. The numbers recorded last month are slightly better than what the automaker posted in February 2020. […]

CONTINUE READING

Retail Asia18/02/2021

Tesla Inc has reduced the price of its cheaper variants of the Model 3 sedan and the Model Y sports utility vehicle (SUV), while raising prices for their performance variants, the electric-car maker’s website showed. The price of its Model 3 Standard Range Plus has been lowered to $36,990 from $37,990, while the Model Y Standard […]

CONTINUE READING

Retail Asia15/10/2020

Auto sales climbed to 27,252 units in September, the highest monthly number this year, as Vietnam contained its second Covid-19 outbreak. It represented a 32 percent rise from August, when hundreds of new Covid-19 cases were diagnosed, according to a report by the Vietnam Automobile Manufacturers Association (VAMA). Passenger vehicles accounted for 75.7 percent of […]

CONTINUE READING

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. […]

CONTINUE READING

Retail Asia27/12/2018

SUV-Crossover-Warranty-2017-Mitsubishi-Outlander-Sport-d-1024x519.jpg

Korea’s domestic car market moved in two different directions this year. The rising popularity of large sedans and sport utility vehicles (SUVs) stood in sharp contrast to weaker demand for smaller vehicles, industry data showed Sunday. In the January-November period, Hyundai Motor, Kia Motors, GM Korea, Renault Samsung Motors and SsangYong Motor sold a combined […]

CONTINUE READING

Retail Asia24/12/2018

CGS-CIMB expects vehicle sales to be stronger in December and has raised its 2018 total industry volume (TIV) growth forecast from 2.5% to 4% on the back of stronger-than-expected TIV year-to-date. “We expect stronger sales in December in view of year-end promotions and multiple new models that were recently launched. For example, Proton launched its […]

CONTINUE READING

Retail Asia19/11/2018

Vehicle sales in October 2018 were up marginally 0.5% to 47,273 units from 47,041 units in the same month a year ago, according to the Malaysian Automotive Association (MAA). However, MAA said the sales volume in October 2018 was 51% higher than September 2018, due to availability of stocks replacing the depleted post-zero Goods and […]

CONTINUE READING

Retail Asia16/11/2018

October sales of 28,899 cars made it the best month of the year so far, according to Vietnam Automobile Manufacturers’ Association (VAMA). This was 3,811 cars more than the 25,088 sold in September or a 15 percent rise, a VAMA report says. October sales of passenger cars by VAMA members climbed 25 percent month-on-month to […]

CONTINUE READING

Retail Asia25/09/2018

Kenanga Research expects sales volume for the automotive sector in September to be lower than the August 2018 level with the end of the tax holiday, despite certain makes seeing reduction in prices under the sales and service tax (SST) regime. “With the new SST gazetted on September 1, 2018, vehicles are charged 10% sales […]

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