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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.
Mitsubishi Motors takes one-time $78 mln hit from China woes
Mitsubishi Motors Corp will take a one-time hit of 10.5 billion yen ($78.31 million) related to slowing sales at its China unit, it said on Tuesday, as mounting competition in the world's largest auto market hits foreign automakers.
The MPV race hot in Vietnam
Sales of multi-purpose vehicles have nearly tripled in the last five years, while the number of models in the market has nearly doubled.
March 30, 2023 | 03:37 pm PT
Laos to supply Vietnam power from Mitsubishi-built wind farm
Japan’s Mitsubishi Corporation will develop Southeast Asia’s largest wind farm in Laos to supply electricity to Vietnam, where demand is expected to grow continuously.
June 17, 2021 | 03:15 am PT
Mitsubishi pulls out of central Vietnam coal plant
Japan’s Mitsubishi Corp has decided to pull out of a coal-fired power plant in central Vietnam amid growing international concern about environmental impacts.
February 26, 2021 | 06:15 am PT
Mitsubishi Vietnam recalls over 9,000 cars to replace fuel pumps
Mitsubishi Motors Vietnam is recalling 9,066 Outlander and Xpander cars to fix a fuel pump issue that could cause the vehicle to stall.
January 18, 2021 | 09:00 pm PT
Central province seeks nod for $250 mln auto plant
Binh Dinh Province has proposed adding a $250 million auto factory to its list of future FDI projects.
August 18, 2020 | 01:04 am PT
Four automakers recall 35,000 vehicles in Vietnam
Ford, Honda, Mitsubishi and VinFast are recalling a total of 35,025 vehicles to fix faults with fuel pumps, airbags, transmission and seat belt tensioners.
June 19, 2020 | 12:24 am PT
Mitsubishi to recall over 14,000 Xpander cars for fuel pump fault
Mitsubishi Motors Vietnam will recall 14,051 Xpander cars manufactured in Indonesia between August 14, 2018 and August 26, 2019 to fix a fuel pump problem.
September 30, 2019 | 08:12 pm PT
Top selling car models over the last 7 years
Toyota models were dominant 2013-2016, but others have gained ground since 2017.
August 25, 2019 | 05:05 pm PT
MUFG Bank names head of global corporate banking for Vietnam
Mitsubishi UFJ Financial Group on Thursday named Calvin Nguyen head of global corporate banking for its commercial banking arm MUFG Bank in Vietnam.
February 14, 2019 | 06:37 pm PT
Automaker Mitsubishi eyes full-scale production in Vietnam
Japanese automaker Mitsubishi Motors plans to expand its Vietnam operations by moving to full-scale production of parts within the country.
November 9, 2018 | 10:01 pm PT
Asian firms shuffle production around the region as China tariffs hit
A growing number of Asian manufacturers of products are moving to shift production from China to other factories in the region.
September 23, 2018 | 05:25 pm PT
Mitsubishi Motors bolsters crossovers sales
Mitsubishi Motors Vietnam managed to boost its sales via crossovers while eyeing the expansion of manufacturing and assembly in the country.
August 8, 2018 | 10:04 pm PT
Foreign-invested auto firms make a U-turn in Vietnam
Leading auto firms are embarking upon domestic production, reversing from a planned shift to imports.
August 7, 2018 | 02:53 am PT
Cars from Thailand zoom into Vietnam
The number of cars imported last month marked a 45.6 percent increase over May this year, according to the General Department of Vietnam Customs.
July 10, 2018 | 11:24 pm PT
Japanese auto makers halt exports to Vietnam in wake of tightened quality checks
Vietnam’s new decree is aimed at protecting the local auto industry now that import taxes within the region have been eliminated.
January 17, 2018 | 03:45 am PT
Mitsubishi Materials units falsified product data
This is the latest Japanese firm to admit problems with quality control.
November 23, 2017 | 06:22 pm PT
Faulty Takata airbags force Mitsubishi to make car recall in Vietnam
The defective airbag inflators have been linked to 19 deaths and more than 180 injuries worldwide.
November 1, 2017 | 01:42 am PT
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