Automotive

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18/04/2025 Google might have to sell off some of its businesses after a judge makes a critical ruling ( General )
18/04/2025 Vietnam president sends congratulatory letter to Amanda Nguyen, first woman of Vietnamese origin to fly into space ( General )
18/04/2025 The Peninsula Boutique reopens at Hong Kong Airport ( General )
18/04/2025 Hoka opens its first store in Vietnam ( Fashion )
18/04/2025 Funko Pop to launch first Southeast Asian store in the Philippines ( General )
17/04/2025 Lawson reveals ambitious Southeast Asian expansion plan ( General )
15/04/2025 Prada brings Versace home to create Italian luxury contender ( Fashion )
15/04/2025 Hong Kong Gifts and Premium Fair celebrates 40th edition ( General )
15/04/2025 Determinant reopens flagship Lab Concept store in Hong Kong ( Fashion )
15/04/2025 API launches online B2B hub for pharmacies to source products ( General )
15/04/2025 Costco and DoorDash to deliver groceries to the doors of Aucklanders ( General )

Retail Asia01/04/2025

Ducati Vietnam will close its Hanoi showroom – the only one serving northern Vietnam – on Tuesday, citing market challenges. While the Hanoi dealership would cease operations, Ducati would continue to offer maintenance and repair services in the city, a Ducati Vietnam representative said. The closure decision stemmed from the lower-than-expected performance of the northern […]

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Retail Asia28/03/2025

Honda has launched its first electric scooter produced in Vietnam, the ICON e:, after years of dominating the gasoline-powered motorbike segment. The bike was introduced to the media on Thursday and will hit the market early next month, when its prices will be revealed. Last year the Japanese giant had said the ICON e: would […]

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Retail Asia07/03/2025

Volvo has unveiled its first all-electric sedan, the ES90 for the global market. Built on the carmaker’s SPA2 platform, the ES90 is the sixth all-electric model in Volvo’s portfolio after the EX90, EM90, EX40, EC40 and EX30. The carmaker has stated that the ES90 will initially go on sale in European markets in the coming months […]

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Retail Asia07/02/2025

Thailand’s car production in 2024 dropped 20% from the previous year to a four-year low, owing to weaker domestic sales and exports, the Federation of Thai Industries (FTI) said. Car output dropped to 1.47 million units from 1.83 million in 2023. Production on a year-on-year basis contracted for the 17th successive month in December, falling […]

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Retail Asia21/01/2025

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Czech’s biggest automaker Skoda is set to complete its $500 million factory in northern Vietnam, its first in Southeast Asia, by the end of March. The company plans to launch two locally assembled models this year after the completion of the plant, which it develops with Thanh Cong – a local distributor of Hyundai cars, […]

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Retail Asia14/01/2025

Porsche set a new benchmark in Switzerland in 2024 with 5,042 new registrations, representing a 10.5 percent increase compared to the previous year. The brand also saw significant growth in electrified vehicles. Against the backdrop of an overall market decline in 2024, Porsche closed the year with a record performance in Switzerland and Liechtenstein, registering […]

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Retail Asia08/01/2025

Chinese EV maker Skyworth Auto has started selling its cars in Singapore, opening its first showroom there on Tuesday. The 185-square-meter showroom features the first Skyworth model in the country, K, an SUV designed for family comfort with a travel range of nearly 490 kilometers per charge. The car is priced at around $135,000 and […]

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Retail Asia07/01/2025

Luxury auto sales in Thailand plunged 25% to 30,000 units last year as a struggling economy hurt buyers. The slow economic expansion rate (projected to be 2.4-2.7%) and banks’ tighter criteria for auto loans have resulted in a negative impact across the the automotive industry, said Teeraphong Rodloy, country manager of Wearnes Automotive Thailand. “Overall sales […]

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Retail Asia18/12/2024

Indonesia will offer a sales tax incentive on Government-borne Luxury Goods (PPnBM DTP) of 3% for hybrid cars from next year. Minister of Industry (Menperin) Agus Gumiwang Kartasasmita said at a press conference on December 16 that the Indonesian government asks hybrid car makers to register their hybrid car models with the government to get […]

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Retail Asia16/12/2024

Vietnam will need nearly US$14 billion to develop a network of charging stations to develop a green transport system, said insiders. This is expected to reduce greenhouse gas emissions, and create great tremendous opportunities for the electric vehicles (EV) market.The transition to EVs is a huge effort toward Vietnam’s net zero goal and environmental protection, […]

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Retail Asia11/12/2024

Bridgestone Vietnam recently inaugurated the Noc Soa 2 Bridge in Cao Bang Province, providing safer school access for 40 children and restoring transportation infrastructure for 51 households impacted by Typhoon Yagi. The bridge, measuring 25 meters in length and over 3 meters in width, with a load capacity of 6 tons, addresses longstanding challenges in […]

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Retail Asia09/12/2024

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Thailand’s Board of Investment (BoI) has announced that the government would extend deadlines for electric vehicle (EV) manufacturers to meet domestic production quotas, addressing weak local market demand. Under the current EV 3.0 incentive program, manufacturers must produce one locally assembled EV for every imported EV or a 1:1 ratio. Companies failing to meet this […]

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Retail Asia22/11/2024

Honda Vietnam announced that it will recall 2,695 CR-V e:HEV RS hybrid SUVs (CR-V Hybrid) from Nov. 25 to examine and replace defective high-pressure fuel pumps. The affected vehicles were manufactured in Thailand between August 24, 2023, and September 11, 2024. Honda Vietnam imported and distributed those vehicles in Vietnam. Honda Vietnam has urged car […]

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Retail Asia23/10/2024

Shares of Hyundai Motor India dropped as much as 6% in their market debut on Tuesday, after a tepid response from retail investors to the pricing of the country’s largest initial public offering. The stock listed at 1,934 rupees on the National Stock Exchange, below its offer price of 1,960 rupees, and traded down 4% […]

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Retail Asia11/10/2024

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Chinese auto giant BYD’s premium electric vehicle brand Denza has made its official debut in Singapore with two variants, both costing over US$200,000. According to Singapore-based car selling platform Motorist, the brand launched its first model in the city-state, the D9 large multi-purpose vehicle, on Thursday. It comes in two variants: the D9 Elite, which […]

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Retail Asia03/10/2024

China’s largest electric vehicle manufacturer BYD is recalling 97,000 units due to a technical error that poses fire risks. The Chinese automaker is recalling Dolphin and Yuan Plus EVs produced in China between November 2022 and December 2023 for containing a faulty steering control unit, according to a statement from the State Administration for Market […]

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Retail Asia27/09/2024

The Thai cabinet has approved a budget allocation to fund a subsidy program’s second phase, which offers electric vehicle buyers up to 100,000 baht (US$3,070) per vehicle. Under the second phase of the subsidy program called EV 3.5, running from 2024 to 2027, EVs priced less than 2 million baht with batteries of 50 kWh […]

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Retail Asia25/09/2024

Car ownership tripled in 13 years to 63 vehicles per 1,000 people last year, according to the Ministry of Industry and Trade. The number of registered automobiles reached 6.31 million by the end of last year, it said in a recent report. Last year 408,500 new vehicles were registered. The ministry expects annual sales to top one […]

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Retail Asia19/09/2024

Yoshihiro Hidaka, president of Japanese motorcycle manufacturer Yamaha Motor, suffered an arm injury after being allegedly slashed with a knife by his daughter, Hana Hidaka, at their home in Japan. The police arrested Hana on suspicion of attempting to murder her 61-year-old father, Yoshihiro, by attacking him with with a kitchen knife around 3 a.m. […]

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Retail Asia13/09/2024

German auto brand Volkswagen has cut the prices of three models in Vietnam by VND140-500 million (US$5,700-20,300) this month. The Teramont now costs VND2 billion, down VDN500 million, or 20%, from its original price tag. The full-size SUV, which is imported from the U.S., has high-end entertainment features such as an 11-speaker audio system and […]

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