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Radical pricing sends auto market into a spin
Automakers have low pricing strategies to lure all potential consumers in a slumping market.
Hyundai distributor reports revenue of $5B
Thanh Cong, distributor of South Korea’s Hyundai automobiles in Vietnam, recorded a revenue of VND118 trillion ($5 billion) last year, an increase of 15.6% over 2021.
Vietnamese customers continue to love Korean cars
The market share of Korean auto brands Hyundai and its subsidiary Kia increased from 18 percent in 2017 to over 30 percent last year.
February 15, 2022 | 07:11 pm PT
November auto sales up 3 percent
Vietnam's total vehicle sales increased 3 percent to 29,846 units in November from the previous month, according to the Vietnam Automobile Manufacturers' Association (VAMA).
December 12, 2019 | 04:40 pm PT
Best-selling cars in September: Kia Morning drops out of top 10
The entry of Hyundai cars has pushed hitherto popular cars like the Kia Morning out of the top 10, while Toyota’s Vios remains at the top.
October 12, 2018 | 12:14 am PT