dealer

Retail Asia12/04/2022

City Auto Corp, Vietnam’s largest Ford dealer, reported profits of VND51.8 billion (US$2.27 million) last year, a 36-fold rise from 2020. But it sold only 4,580 vehicles, 29 percent fewer than in 2020, and the increased profitability was due to the average price of each rising by 13 percent to VND915 million. The company attributed […]

Retail Asia12/04/2022

Haxaco, a major Mercedes-Benz dealer, will focus on developing luxury car rental service this year besides its core business of car retail. In a recent annual meeting, its chairman Do Tien Dung said the firm has almost gained monopoly status in luxury car rental across Ho Chi Minh City and Hanoi, as competitors had been […]

Retail Asia19/10/2021

Hang Xanh Motors Service JSC (Haxaco), a major Mercedes-Benz dealer in Vietnam, reported a record loss, more than VND33 billion ($1.4 million) in Q3, due to social distancing orders. Revenue in Q3 was VND700 billion, down 59 percent compared to the same period last year. Social distancing measures applied in Hanoi, Ho Chi Minh City […]

Retail Asia09/08/2021

Auto dealers reported three- and even four-digit growth in net profits year-on-year in the first half of the year amid a surge in demand. Saigon General Service Corporation (Savico) reported profits of more than VND140 billion, a 487-percent rise, on consolidated revenues of over VND7 trillion ($304.3 million). Hang Xanh Motors Service Joint Stock Company […]

Retail Asia11/10/2019

Skoda Auto India has redesigned and rebranded its entire dealership and service network across 53 cities in India. All 63 dealerships and 61 service stations have been designed according to the new corporate identity and design (CICD) theme. The rebranding is in line with Volkswagen Group’s India 2.0 project and all dealership will get the […]

Retail Asia30/07/2019

Toyota Motor Corp. must pay $15.8 million to a California dealer who accused it of retaliating against him because he had developed safety-recall software that was costing the automaker millions of dollars in car repairs. A state court jury in Santa Ana on Monday found Toyota liable for unfair interference in a contract Roger Hogan’s two dealerships […]

Retail Asia07/05/2019

Bookings for the upcoming Hyundai Venue have commenced at the dealership level in India. Several Hyundai dealers, especially in the Delhi & NCR region, are currently accepting unofficial bookings for the new Hyundai Venue subcompact SUV for a token of ₹ 25,000 to ₹ 50,000 depending on the showroom. One of the dealers we spoke […]

Retail Asia09/04/2019

Honda Motorcycle and Scooter India recently inaugurated its 1,000th dealership in India at Zirakpur in Punjab. The 1,000th Honda Exclusive Authorised Dealer is a 4S facility. With an aggressive expansion plan, Honda has added 3,300 touch-points in the last five years across the country. At present, HMSI has a total of 6,000 touch-points in India, […]

Retail Asia24/11/2017

The Volvo brand just got a new shot-in-the-arm with Sisma Auto, Volvo Car Malaysia’s newly appointed authorised dealer, officially opening its city centre showroom at Menara Worldwide on Jalan Bukit Bintang. Located in the heart of Kuala Lumpur’s premier residential and commercial district, the showroom is set to offer a touch of Swedish luxury to […]

Retail Asia31/05/2016

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Japanese car maker Nissan is gearing up to launch “Datsun redi-Go” in the entry level segment and was on course to establish 300 dealerships in the country. “We are gearing up to launch Datsun redi-Go, which will compete in the entry level car segment of the Indian market. With redi-Go, Datsun is pioneering a new […]

Retail Asia29/01/2016

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David Zwirner, one of the most powerful art dealers in the world, is looking for a place in Hong Kong to open his first Asia gallery. “A couple of years ago, we thought we would just come to the art fair. Now, I’m convinced we need a gallery here,” said the founder of the eponymous […]

Retail Asia09/07/2015

iBox, the leading Apple Premium Reseller (APR) in Indonesia, recently opened a new store in Bandung, West Java. The new store, located in Bandung Electronic Centre (BEC), is the third iBox in the city, joining existing branches in Dago and Palace Plaza. In total, iBox operates more than 40 outlets across Indonesia as well as […]

Tag: dealer

Ford dealer reports 36-fold profit increase

Mercedes dealer to operate luxury car rental service

Mercedes dealer reports record loss in Q3

Car dealers’ profits soar

Skoda Dealerships Get A New Corporate Identity Theme Across India

Toyota’s War With Dealer Over Recalls Cost It $16 Million

Hyundai Venue Bookings Open At Dealership Level

Honda Motorcycle And Scooter India Inaugurates Its 1,000th Dealership

Sisma Auto opens Volvo showroom in Bukit Bintang

Nissan plans to establish 300 dealerships in India by March 2017

Top art dealer David Zwirner looking to open gallery in Hong Kong

iBox opens new outlet in Indonesia