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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.
Massive year-end discounts offered on compact CUVs
In their scramble to increase year-end sales, auto companies and dealerships are offering discounts running into hundreds of millions of dong.
Vietnam by far the biggest market for South Korean cars in Southeast Asia
Of the 198,000 vehicles Kia and Hyundai sold in the six largest Southeast Asian markets last year, Vietnam alone accounted for 142,000, a 72% share.
November 5, 2023 | 07:19 pm PT
C-segment car sales slump
In the first half of the year 6,787 C-segment sedans, as medium-sized passenger cars are categorized, were sold, a year-on-year decrease of 59.5%.
July 19, 2023 | 08:01 pm PT
Toyota, Hyundai battle for top spot in compact car segment
Toyota and Hyundai fought closely for the top spot in the auto market last quarter, Ford threatened Kia’s third place and Mitsubishi edged out Mazda from fifth.
April 28, 2023 | 03:00 pm PT
South Korean brands top sales among locally made cars
South Korea’s Hyundai and Kia sold nearly 106,000 cars in Vietnam last year, or nearly half of all locally made cars sold.
April 21, 2022 | 06:03 pm PT
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
Japan officials raid Mitsubishi office after data scandal
Japanese transport ministry officials raided a Mitsubishi Motors office Thursday following the shock admission by the automaker that it falsified fuel-efficiency tests in more than 600,000 vehicles.
April 20, 2016 | 09:38 pm PT