Ducati has temporarily paused its motorcycle sales in Vietnam and is on the hunt for a new distributor. According to sources close to the situation, customer requests for new products will be logged and subsequently transferred to the new distributor.…
Honda is set to introduce its ADV 350 touring scooter in Vietnam, a model that enthusiasts previously had to source through private importers. Anticipation is building as shipments are scheduled to commence by the end of this quarter, with Honda dealers now…
As Hanoi gears up to ban gasoline-powered motorbikes from next July, Vingroup, Vietnam’s leading conglomerate, is stepping in with an enticing offer for those ready to embrace the electric future with VinFast bikes. According to a proposal submitted by the…
In a promising start to 2025, members of the Vietnam Association of Motorcycle Manufacturers recorded a 6.4% year-on-year sales increase, totaling 1.28 million motorbikes sold in the first half of the year. Motorbike Sales Surge, But Faces Seasonal Hurdles…
Driving the Future: Porsche’s All-Electric Macan Takes Center Stage Porsche has long carved a niche for itself not through flamboyant stunts but by meticulously refining its craft. The new all-electric Macan is a testament to this philosophy, setting out to…
Mercedes-Benz has announced a landmark achievement in India, reporting a surge in first-quarter sales that has reached an unprecedented 4,238 units, a 10% increase from the previous year. This noteworthy growth is largely fueled by a robust demand for its…
A new decree taking effect on July 8 has introduced changes to the minimum production volume requirements for automotive companies looking to enjoy preferential import tariffs on components. This policy aims to bolster the capabilities of domestic vehicle…
New Model: Ferrari’s Enchanting Amalfi Steals the Spotlight Ferrari’s latest masterpiece, the Amalfi, made its debut in an extraordinary unveiling in Maranello, where an air of palpable excitement filled the room. With journalists present under strict…
Japan’s antitrust authority is set to impose a significant penalty on Harley-Davidson’s local subsidiary, amounting to JPY200 million (approximately US$1.38 million), for placing unreasonable sales quotas on its dealers. The Japan Fair Trade Commission (JFTC)…
Volvo is all set to reveal the all-electric XC40 on October 16, 2019. This will be the company’s first fully electric car and the company has teased the car ahead of its official reveal. But this time around the company gives us a glimpse into what the car…
Tesla Inc on Sunday reported record quarterly deliveries that far exceeded Wall Street estimates, riding out global chip shortages as it ramped up China production. It was the sixth consecutive quarter that the world’s most valuable automaker posted record…
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…
Volkswagen needs to do more to regain the confidence of investors in the wake of its emissions scandal, despite a swift recovery in earnings, several shareholders told the German carmaker at its annual meeting on Wednesday. The world’s largest automaker…
Kia Motors on Tuesday started to receive preorders for the overhauled version of its K9 large-size sedan, a model which is expected to play a decisive role as the company seeks to change its image and diversify its brand. The automaker sees the success of the…
Geely’s ambitious plan is to construct a US$168-million manufacturing plant in northern Vietnam is set to unfold as scheduled, despite broader concerns cast by its chairman and founder, Li Shufu. Just last Saturday, Shufu pointed out the global automotive…
Billionaire Pham Nhat Vuong, the chairman of the private conglomerate Vingroup and recognized as Vietnam’s wealthiest individual, has injected a staggering VND20.5 trillion (approximately US$790 million) into the automaker VinFast between November and May.…
Weekly Briefing
Asia's retail intelligence, in your inbox
We respect your inbox as much as we value your time. That's why we only send carefully curated weekly updates, packed with the most relevant news, trends, and insights from the retail industry across Asia and beyond.