Tag: cars

Retail Asia03/02/2021
vingroup-vinfast2-1280x960.jpg
1min0
Automobiles and smartphones accounted for 19 percent of private conglomerate Vingroup’s revenues in the last quarter of 2020. This marked a 40 percent year-on-year increase to VND6.9 trillion ($299.45 million). The largest private conglomerate in Vietnam sold 31,500 cars last year, with its VinFast sedan and SUV models among the bestsellers in their respective segments. […]

Retail Asia26/08/2020
china-used-car-1280x878.jpg
2min0
Southeast Asian online used car trading platform Carsome has launched its new Carsome Experience Centre in Kuala Lumpur. The move signals the opening of the firm’s B2C segment, introducing a highly digitized and transparent car-purchasing process, aimed at addressing consumer distrust when buying second-hand cars. The firm works to enhance trust and assurance throughout the […]

Retail Asia16/01/2020
geely-auto-1024x768.jpg
2min0
Sales of luxury cars in Vietnam surged in 2019 with the rich showing greater preference for premium vehicles in a fast-growing economy. Mercedes-Benz sold the highest number of luxury cars at 6,800 units, up 8 percent from 2018. The imported crossover SUV Mercedes-Benz GLC 300, priced at VND2.56 billion ($110,600), was the best-seller, accounting for […]

Retail Asia04/06/2019
honda-factory.jpg
1min0
Honda has confirmed its western England car factory, which employs 3,500 people, will close in 2021. The Japanese carmaker announced Monday that the Swindon plant will shut in two years, “at the end of the current model’s production life cycle.” Honda makes its popular Civic model at the factory, 70 miles (115 kms) west of London. Reports […]

Retail Asia22/05/2019
ford-1-1280x720.jpg
3min0
Maruti Suzuki’s move to phase-out all diesel models within a year has certainly raised eyebrows. Tata Motors also in the past has said that it will only convert its 1.5-litre and above displacement diesel engines to BS6 and the low displacement diesel engines won’t make it beyond the timeline. There were several speculations about other carmakers as […]

Retail Asia06/03/2019
Karma-1280x720.jpg
2min0
Karma Automotive is prepping three vehicles — a concept car developed with Italian design house Pininfarina, the next-generation Revero electric car and the Karma Vision concept – that it hopes will propel the brand in a new direction. They will debut next month at the Shanghai auto show. “Taken together, Karma’s Shanghai Big Three represents […]

Retail Asia22/02/2019
rolls-royce.jpg
4min0
Rolls-Royce announced Wednesday it will follow Korea’s voluntary lemon law for automakers, making it the first foreign luxury brand to accept the newly introduced regulation. Korea’s revised automobile management law, enacted last month, forces complying automakers to replace or refund recently purchased vehicles that repeatedly exhibit problems, similar to lemon laws in the United States. […]

Retail Asia20/02/2019
KFit-1024x684.jpg
3min0
Hyundai Motor is considering releasing a range of bottled water inspired by its hydrogen fuel-cell vehicle Nexo, the company confirmed Monday. The automaker is hoping to use the Nexo-branded water to market its Nexo sport-utility vehicle (SUV) as pure and eco-friendly, like water. The unusual approach of using water to promote the car’s eco-friendly aspect […]

Retail Asia20/02/2019
hyundai-factory.jpg
2min0
The chief of Hyundai Motor’s financial affiliates outlined the units’ digital strategy and future vision at IBM’s largest annual conference that ran through Friday in San Francisco. Chung Tae-yong, who heads Hyundai Card, Hyundai Capital and Hyundai Commercial, said that finely-tuning customization will take center stage in Hyundai’s approach to serving financial services’ clients. “The existing […]

Retail Asia19/02/2019
Electric_Car_recharging-1024x656.jpg
6min0
Hyundai Motor Executive Vice Chairman Chung Eui-sun laid out a plan to develop 44 electric vehicle models (EVs) and sell 1.67 million of the cars by 2025 during his New Year’s message held at the beginning of this year. The goal was a dramatic increase on the 38 models he planned to have by 2025 […]


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.


CONTACT US

CALL US ANYTIME

Most read



Retail updates

Stay up to date of the lates updates and retail news from Asia.








X