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Honda considers $14B plan for EV production in Canada

Honda considers $14B plan for EV production in Canada

Honda Motor Co is considering building an electric vehicle plant in Canada in a near-2-trillion-yen ($13.83 billion) project that could possibly include in-house production of batteries, Japan's Nikkei news group reported on Sunday.
China’s biggest automaker SAIC eyes sales of 100,000 units in Vietnam

China’s biggest automaker SAIC eyes sales of 100,000 units in Vietnam

Mercedes soars above competitors in Vietnam

Mercedes soars above competitors in Vietnam

Inflation, high interest rates put the brakes on auto sales

Inflation, high interest rates put the brakes on auto sales

Auto sales fell by 27% to 68,402 units in the first two months of the year as consumers tightened purse strings amid rising inflation and credit remained expensive.
March 20, 2023 | 06:56 pm PT
Cut auto registration fee by half to boost sales: associations

Cut auto registration fee by half to boost sales: associations

Two associations have proposed that auto registration fees be cut by half for cars manufactured and assembled locally to boost sales.
March 8, 2023 | 05:02 am PT
Thaco eyes 7% auto sales growth despite headwinds

Thaco eyes 7% auto sales growth despite headwinds

Automaker Thaco Group plans to increase its sales 7.7% from last year to 120,000 units this year, with earnings of more than VND90 trillion ($3.80 billion), despite concerns about market challenges.
February 16, 2023 | 03:28 pm PT
Vietnam auto production ranks 4th in Southeast Asia

Vietnam auto production ranks 4th in Southeast Asia

Vietnam ranks fourth in Southeast Asia in auto production in the first 10 months at 362,000 units, up 16.4% year-on-year, according to the General Statistics Office.
December 4, 2022 | 06:52 pm PT
VinFast partners with world-leading battery manufacturer CATL

VinFast partners with world-leading battery manufacturer CATL

Vietnamese automaker VinFast has partnered with the world’s leading electric car battery manufacturer Contemporary Amperex Technology Company (CATL) in the development of equipment for its electric cars.
November 1, 2022 | 12:56 am PT
Chinese automaker Chery plans to set up plant in Vietnam

Chinese automaker Chery plans to set up plant in Vietnam

China’s state-owned Chery Automobile has said it wants to sell its first made-in-Vietnam car by next year.
September 8, 2022 | 09:30 pm PT
VinFast wants to make a splash in Europe with electric cars

VinFast wants to make a splash in Europe with electric cars

VinFast plans to open at least 50 dealerships in major European cities like Berlin and Paris for its electric cars as it seeks to become a global player.
June 14, 2022 | 06:49 pm PT
Vietnam runs out of luxury cars

Vietnam runs out of luxury cars

Many auto brands have no luxury cars to supply Vietnamese customers due to global semiconductor shortage.
May 26, 2022 | 06:14 pm PT
Government defers auto industry tax

Government defers auto industry tax

The government has deferred the special consumption tax payable by carmakers.
May 22, 2022 | 06:46 pm PT
Japanese brands top auto imports in Vietnam

Japanese brands top auto imports in Vietnam

Japanese brands, including Toyota and Mitsubishi, were the biggest sellers among imported cars in Q1.
April 23, 2022 | 06:30 am PT
Major brands have no cars to supply Vietnam customers

Major brands have no cars to supply Vietnam customers

Major auto brands in Vietnam are facing supply challenges in distributing autos and parts due to the global semiconductor shortage and the ongoing Russia-Ukraine crisis.
March 18, 2022 | 12:07 am PT
Car registration surges 10-fold with fee cut

Car registration surges 10-fold with fee cut

Car registration demand rose nearly 10-fold Wednesday as buyers sought to take advantage of a 50-percent fee discount to boost local production.
December 2, 2021 | 02:15 am PT
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