Tag: car

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 Asia12/09/2023
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1min0
Diesel price went up 1.81% to VND23,050 per liter on Monday, continuing its climb, which began four months ago. The fuel has seen its price increase by over 30% since May 11. Authorities said that fuel prices have been fluctuating amid concerns about tightened fuel supply after Russia extended its production cut as OPEC+ countries […]

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 Asia30/08/2023
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2min0
Zurich-based energy transformation specialist EIP is putting the assets of Swiss pension funds into a joint venture for electric mobility. The partners want to set up 100 new domestic charging stations for e-cars. Energy Infrastructure Partners (EIP), a Zurich-based energy transformation asset manager, signed an agreement with French e-charging station operator Electra on behalf of a […]

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 Asia20/07/2023
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1min0
In the first half of the year 6,787 C-segment sedans, as medium-sized passenger cars are categorized, were sold, a year-on-year decrease of 59.5%. The Mazda3 and Kia K3 assembled and distributed by Thaco accounted for 3,983 of them.The former was the bestseller, replacing the K3, which topped last year with sales of 7,439. Two Japanese […]

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 […]

Retail Asia08/06/2023
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2min0
Volvo Cars is rolling out an important update for Apple CarPlay users in its vehicles worldwide. The over-the-air software update enhances the infotainment system and brings significant improvements to the Apple CarPlay experience. A key enhancement is the integration of Apple Maps and other supported navigation apps directly into the driver display (instrument cluster). This […]


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