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car market
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Auto sale shoots up in March
Vietnam’s auto sales surged 135% from February to 27,289 units in March as demand recovered.
Chinese carmaker Chery to build plant in Vietnam
Chinese automaker Chery’s subsidiaries Omoda & Jaecoo have set up a joint venture with Vietnamese conglomerate Geleximco to build a manufacturing plant in Thai Binh Province.
Vietnam records second largest drop in auto sales across Southeast Asia
Vietnam saw the second sharpest decrease, of 25%, in automobile sales in Southeast Asia last year behind only minuscule market Myanmar.
February 12, 2024 | 06:00 pm PT
South Korean brands dominate high-clearance subcompact CUV segment
Three new subcompact crossovers (CUVs) by South Korean carmakers Hyundai and Kia outsold the combined total of the top six Japanese models in the same segment in the past 11 months.
December 31, 2023 | 03:05 pm PT
September auto sales reach 6-month high
Vietnam's auto sales in September hit their highest peak since March, totaling 25,375 units, demonstrating a slight increase in demand.
October 15, 2023 | 09:26 pm PT
Hyundai conquers Vietnam’s city car market
South Korea’s Hyundai dominated Vietnam’s small urban car market last year after Vietnamese and Japanese manufacturers stopped selling A-segment models in the country.
January 16, 2023 | 06:03 pm PT
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
Upselling, demand for premiums returns to plague car market
Auto dealers are taking advantage of limited supply to sell at above listes prices, force customers to buy bells and whistles, and delay delivery of base model units.
April 15, 2022 | 01:29 am PT
Vietnam car market cools in April
Car sales fell by 29 percent in April, according to the Vietnam Automobile Manufacturers Association.
May 14, 2019 | 12:26 am PT
SUVs, Crossovers dominate high-end segment
Among consumers willing to spend at least VND1 billion ($43,135), the preference is for SUVs and Crossovers over sedans.
January 30, 2019 | 12:14 am PT