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Vietnam’s auto sales in September hit their highest peak since March, totaling 25,375 units, demonstrating a slight increase in demand. But the figure for the period is still a 24% year-on-year drop, according to the Vietnam Automobile Manufacturers…
Vietnamese electric car maker VinFast said on Thursday its third-quarter revenue more than doubled with the largest share of its sales going to an affiliate company owned by its founder. About 60% of VinFast’s deliveries, or more than 6,000 vehicles, went to…
Auto sales jumped to 24,687 units in July, the second-highest monthly number this year behind only March. The Vietnam Automobile Manufacturers Association (VAMA), which provided the data – excluding TC Motor and VinFast sales – said however sales were down…
Thanh Cong Group (TC Group) on April 11 announced its sales results for March with over 5,770 Hyundai automobiles sold in Vietnam last month, up 5.5% over February. Hyundai Accent continues to be the best-seller model in March with 1,355 units delivered to…
Vietnam’s auto sales in March returned to growth with a 17 percent increase year-on-year to 36,962 units after two consecutive months of decline, according to Vietnam Automobile Manufacturers Association (VAMA). The figure was highest this year and brought…
BMW Group India has recorded the highest ever sales growth in a decade at 35 percent selling 8,876 cars (BMW + MINI) and 5,191 motorcycles in 2021. While the Bavarian carmaker sold 8,236 units of BMW cars, 640 units of MINI cars were sold in India. BMW India…
November saw the highest monthly auto sales this year of 38,656 units as a discount in registration fees sent buyers scrambling to dealers’. The figure represented a 30 percent rise from October and a 6 percent increase year-on-year, according to the Vietnam…
Auto sales in the first six months rose 40 percent year-on-year to 150,481 units, according to Vietnam Automobile Manufacturers Association (VAMA). Passenger vehicles saw sales rise 37 percent in the period, while commercial vehicles grew 48 percent and…
Three auto brands have begun to sell online as they seek to take advantage of the country’s e-commerce boom. Since January this year customers have been able to go to the VinFast website, select the model, customize color and interiors, and indicate mode of…
Mercedes-Benz cars sold 590,999 passenger cars globally in the first quarter of 2021 driven by China and US retail sales as well as strong demand for plug-in hybrids and all-electric vehicles. This marks a jump of 22.3 percent in sales globally compared to…
Auto sales in the first two months of the year jumped by 21 percent to 40,017 units. Passenger vehicles dominated sales at 71 percent, according to the Vietnam Automobile Manufacturers Association. Local company Truong Hai Auto (Thaco) led the market with…
Maruti Suzuki India has announced production figures for the month of February 2021. India’s leading carmaker said its total production increased by 19.3 percent to 1,68,180 units in February against 1,40,933 units produced in the same month last year. The…
Tesla Inc has reduced the price of its cheaper variants of the Model 3 sedan and the Model Y sports utility vehicle (SUV), while raising prices for their performance variants, the electric-car maker’s website showed. The price of its Model 3 Standard Range…
Auto sales climbed to 27,252 units in September, the highest monthly number this year, as Vietnam contained its second Covid-19 outbreak. It represented a 32 percent rise from August, when hundreds of new Covid-19 cases were diagnosed, according to a report…
The surge in demand for cars before the Lunar New Year means customers have to wait or pay extra to get immediate delivery. With only weeks to go for the Lunar New Year Festival (Tet), which falls on February 5 this year, consumers are rushing to order…
Korea’s domestic car market moved in two different directions this year. The rising popularity of large sedans and sport utility vehicles (SUVs) stood in sharp contrast to weaker demand for smaller vehicles, industry data showed Sunday. In the…
