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Dealerships are slashing the prices of numerous motorbike models to stimulate demand in the quiet post-Tet (Lunar New Year) season. Standard Honda Vision models are on sale for VND30 million (US$1,218.2) at some dealerships, down VND1-2 million from before…
German sportscar manufacturer Porsche has opened its Porsche Studio in Singapore intending to provide an improved studio model. The new two-story showroom is part of downtown Singapore’s famous Guoco Midtown mixed-use development, near the Bugis heritage…
Vietnam saw the second sharpest decrease, of 25%, in automobile sales in Southeast Asia last year behind only minuscule market Myanmar. According to the ASEAN Automotive Federation (AAF), in the region’s seven main markets, Indonesia, Thailand, Malaysia, the…
The world’s biggest electric vehicle maker, China’s BYD, will set up shop in Hanoi in May. It would sell its first cars in the sedan and SUV segments, sources familiar with the matter said. Its SUV BYD Atto 3 is among the most sought-after cars globally. It…
VinFast is recalling 5,912 VF 5 Plus electric vehicles manufactured last year to fix the issue of headlights turning off when the left turn signal is switched on. The company said the headlights in some VF 5 Plus cars, the smallest in its EV lineup, could…
Toyota Vietnam has announced the recall of 25,971 Avanza Veloz, and Yaris Cross cars to fix faulty front shock absorber nuts. The nuts were not tightened sufficiently due to design issues, and could become loose and cause noises, even fall off. The affected…
Vietnamese users are becoming more familiar with hybrid and pure electric vehicles because numerous well-known brands have expanded to this category. Truong Huy, a technical expert for an electric vehicle software outsourcing company in Ho Chi Minh City, was…
Vietnam Association of Motorcycle Manufacturers members sold 2.5 million vehicles in the domestic market last year, down 16.2% from 2022. Its five members are Honda, Yamaha, Piaggio, Suzuki, and SYM. They sold 634,688 motorcycles in Q1 of last year, 588,926…
Carmaker THACO has proposed a circular economy complex for mining and processing bauxite worth VND103 trillion (US$4.1 billion) in Lam Dong Province. The project, called Lam Dong 2 Aluminum Complex, will be carried out in Bao Lam, Da Huoai and Da Teh…
Continuing its journey of the “Bridges to Knowledge” project, Bridgestone Vietnam built and inaugurated the 10th bridge, Truong Tho in Soc Trang, on Dec. 27. The project was implemented by Bridgestone Tire Sales Vietnam Limited Liability Company to realize…
The domestic auto market in Vietnam is experiencing a decline in car sales due to sluggish customer demand compared to previous years, according to local car experts. The experts said the number of customers visiting car dealerships has not increased compared…
Land Rover Vietnam has implemented a new strategy to enhance client experience, its General Manager Ruud Poels said at the JLR Retailer Hanoi launch of its first global standard retail destination on Nov. 23. As an active player in the automotive industry in…
Ford has recalled 1,182 Everest and Explorer SUVs in Vietnam for engine control module software failure and a rearview camera display error. The Everest recall involves 185 vehicles, all produced at Ford’s factory in Thailand between June 28, 2022, and April…
Limited edition 10th-anniversary Vespa 946s are selling at private dealerships for over VND700 million ($28,848) in Vietnam. Aside from the 28 units that franchise dealers imported last week, private dealers have procured several more Vespa 946 10°…
A motorbike dealer has just imported a batch of the latest model of the Honda Dream, an iconic vehicle that was all the craze a few decades ago. Previously the bike used to sell for VND100 million (US$3,970), while the new one is marked at $2,500 in Cambodia,…
Honda Vietnam has revealed that its retail sales of motorcycles and automobiles in October dropped by 7.5% and 15.9% respectively compared to previous month due to market difficulties. In the reviewed period, Honda Vietnam sold 180,881 motorbikes, with 18,452…
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