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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 )
16/04/2024 Google Chat working on adding group audio and video call function within Gmail Spaces ( General )
15/04/2024 Tim Cook arrives in Vietnam ( Electronics )
15/04/2024 Vietravel Airlines reports first profits in 3 years ( General )

Retail Asia08/03/2023

The official Twitter account of Honda Motorcycles and Scooter India was hacked over the weekend. The company today put out a statement on social media asking people to stop any interactions with its Twitter handle until further notice and disregard any posts or communications on the page since Sunday, March 5. The company also said […]

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Retail Asia06/03/2023

Oil giant Saudi Aramco has agreed to take a minority stake in a new powertrain engine company that French car maker Renault SA and China’s Geely Automobile Holdings Ltd plan to set up jointly, they said on Thursday. Reuters reported in January that Aramco has been involved in advanced discussions to take up to 20% stake […]

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Retail Asia06/03/2023

Tesla said it recalls 3,470 2022 through 2023 Model Y vehicles in the United States because bolts securing the second-row seatback frames may not have been securely tightened, according to a public filing. The National Highway Traffic Safety Administration (NHTSA) said a loose seat frame bolt may reduce seat belt system performance, increasing injury risks […]

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Retail Asia02/03/2023

Tata Motors launched its first Registered Vehicle Scrapping Facility (RVSF) in Jaipur, Rajasthan today. The facility is called Re.Wi.Re which stands for Recycle with Respect and has a capacity of 15,000 vehicles per annum. The company also claims that the facility uses eco-friendly methods to dispose of the vehicles, which will go through a strict […]

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Retail Asia01/03/2023

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Skoda cars are expected to be imported from the Czech Republic and sold from May before being assembled there, according to Skoda Vietnam sources. In the C-segment, CUV Karoq, one of the company’s bestselling models, will compete with the Hyundai Tucson, Kia Sportage, Mazda CX-5, Honda CR-V, and others. In the D-segment, the SUV Kodiaq […]

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Retail Asia01/03/2023

Saigon General Service Corporation, the country’s largest auto distributor, expects profits to decline by VND150 billion (US$6.33 million) in 2023 amid forecasts of a turbulent year. In its annual report released recently, Savico said the auto market faces challenges as high car loan interest rates and lack of credit since the fourth quarter of 2022meant […]

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Retail Asia28/02/2023

China’s Xiaomi said on Thursday it had imposed a 1 million yuan ($149,000) penalty on a supplier after it leaked early design drafts of an upcoming car model. On its official Weibo page, a spokesperson wrote Xiaomi had “dealt seriously” with a Beijing-based molding technology company which on Jan. 22 publicly revealed images of an […]

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Retail Asia27/02/2023

Tesla Inc will suspend some production until the end of February as the electric-vehicle maker upgrades the facility to make a refreshed version of the Model 3 compact sedan, Bloomberg News reported on Wednesday. Tesla is developing a revamped version, codenamed “Highland”, of the Model 3, first launched in 2017, Reuters reported in November. The […]

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Retail Asia22/02/2023

Tata Motors-owned luxury car brand Jaguar Land Rover has appointed a new Managing Director for its India business. The company’s current President and Managing Director Rohit Suri will take retirement from his position by the end of the current financial year. While it had not named Rohit’s successor back then, the company has now announced […]

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Retail Asia17/02/2023

Automaker Thaco Group plans to increase its sales 7.7% from last year to 120,000 units this year, with earnings of more than VND90 trillion ($3.80 billion), despite concerns about market challenges. The plan calls for the sales of 96,000 passenger cars, 23,500 trucks, and 1,500 buses and minibusses, Chairman Tran Ba Duong said in a […]

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Retail Asia01/02/2023

Another wave of layoffs are coming at electric-car maker Tesla Inc in the next quarter, news website Electrek reported on Wednesday, citing a source familiar with the matter. Tesla is also going to freeze hiring, according to the report. The company did not immediately respond to a Reuters request for comment. Shares of Tesla rose […]

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Retail Asia31/01/2023

Tesla said quarterly deliveries fell short of market estimates on Monday, held back by ongoing logistical issues and growing demand concerns that rounded off a tumultuous 2022 for the Elon Musk-led firm. The company is still the world’s most valuable automaker even after losing 65% of its market value in 2022. Shares fell 8.5% to […]

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Retail Asia30/01/2023

Tesla’s aggressive price cuts have ignited demand for its electric vehicles, Chief Executive Elon Musk said on Wednesday, playing down concerns that a weak economy would throttle buyers’ interest. The company slightly beat Wall Street targets for fourth-quarter revenue and profit earlier on Wednesday despite a sharp decline in vehicle profit margins, and it sought […]

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Retail Asia30/01/2023

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Thanh Cong, distributor of South Korea’s Hyundai automobiles in Vietnam, recorded a revenue of VND118 trillion ($5 billion) last year, an increase of 15.6% over 2021. The Thanh Cong Group sold more than 81,500 Hyundai automobiles of all kinds during the year, accounting for some 16% of the country’s total automobile sales in 2022. Late […]

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Retail Asia30/01/2023

Tesla has come under fire from German union IG Metall and politicians over allegations by workers of unreasonable working hours and fears over speaking out at its Brandenburg plant, with some calling for inquiries into the carmaker. At its annual news conference, IG Metall, which has an office near the plant and says it is […]

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Retail Asia27/01/2023

A price war in electric vehicles started by market leader Tesla Inc has made it much more difficult for money-losing U.S. startups like Rivian Automotive Inc and Lucid Group Inc to grab share in an industry competing for shrinking consumer wallets. Tesla’s move last week to slash prices globally on its EVs by as much as […]

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Retail Asia26/01/2023

Vietnam’s leading taxi firm Vinasun posted VND185 billion (US$7.89 million) after-tax profit last year, which is 6.8 times higher than targeted. The taxi operator recorded profits in all four quarters of 2022 after suffering losses in 2020 and 2021 due to the Covid-19 pandemic. With efforts to recover the market in HCMC and the nearby […]

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Retail Asia23/01/2023

Tesla earns more money for every vehicle it sells than any of its global rivals. Now, Chief Executive Elon Musk is using that superior profitability as a weapon in the EV price war he started. Tesla, once one of the auto industry’s biggest money losers, has over the past year built a commanding lead over […]

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Retail Asia23/01/2023

Indonesia surpassed Thailand as Vietnam’s largest car exporter in 2022, with 72,671 cars exported. According to statistics released by Vietnam Customs, Vietnam imported 173,467 cars in 2022, an 8.5% increase from 2021. Indonesia, Thailand and China were the biggest car exporters to Vietnam, but Indonesia surpassed Thailand to be the country that exported the most […]

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Retail Asia17/01/2023

Audi saw a significant growth in the sale of EVs in the year 2022 globally, as the German manufacturer registered a sales figure of over 1 lakh EVs in the year. To be precise, the Volkswagen Group-owned brand delivered 1,18,196 electric vehicles globally in the year, which marked an increase of 44.3 percent over CY2021. […]

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