hyundai mobis signs investment agreement with slovak government to establish new electrification plant

Hyundai Mobis signs investment agreement with Slovak government to establish new electrification plant

Hyundai Mobis, is expanding its electrification business for global automakers by establishing an additional production base for crucial electric vehicle (EV) components in Europe
vehicle agreements on the rise with china

Vehicle agreements on the rise with China

Vietnam is becoming an attractive destination for Chinese automakers as big names are choosing the country as a location to expand their investment.
new vehicle sales reach over 25000 in august

New vehicle sales reach over 25,000 in August

Automakers under the Vietnam Automobile Manufacturers’ Association (VAMA) reported sales of 25,196 vehicles in August, up 12 per cent on-year.
chinas zeekr makes foray into vietnams ev market

China’s Zeekr makes foray into Vietnam's EV market

Premium electric vehicle brand Zeekr, a subsidiary of Geely Holding Group, has made its entrance into Vietnam's electric vehicle (EV) market.
stellantis bmw recall 725000 us autos over airbag issues

Stellantis, BMW recall 725,000 US autos over airbag issues

Automakers Stellantis and BMW recalled around 725,000 autos for problems related to airbags, according to documents released Wednesday by federal safety officials.
vietnams car market saw may rebound

Vietnam's car market saw May rebound

A report by the Vietnam Automobile Manufacturers’ Association (VAMA) has revealed that automakers experienced a slight recovery in sales in May after a decline in April.
global car giants seek tech allies in chinas cutthroat ev market

Global car giants seek tech allies in China's cutthroat EV market

Struggling foreign automakers in China are looking for help from local tech giants to try to stay competitive in the world's biggest electric car market, where shiny smart screens, assisted driving and sophisticated map technology are in high demand.
vietnams car sales drop to just over 300000 units in 2023

Vietnam's car sales drop to just over 300,000 units in 2023

Automakers under the Vietnam Automobile Manufacturers’ Association (VAMA) sold just over 300,000 units in 2023, a sharp drop of 25 per cent on-year.
japanese automakers to invest 43 bln usd in thailand

Japanese automakers to invest 4.3 bln USD in Thailand

The Thai Government announced on December 25 that four major Japanese automakers will invest 150 billion THB (4.34 billion USD) in Thailand over the next five years.
vietnam posts 33 per cent increase in auto sales in 2022

Vietnam posts 33 per cent increase in auto sales in 2022

Automakers under the Vietnam Automobile Manufacturers’ Association (VAMA) sold over 404,500 vehicles of different types in 2022, up 33 per cent from the previous year.
vietnams electric car market expected to blossom in 2022

Vietnam’s electric car market expected to blossom in 2022

The debut of new electric car models of various automakers heralds a prosperous year for Vietnam's electric vehicle market.
do automakers dream of electric leap

Do automakers dream of electric leap?

Electric vehicles are currently one of the key points to develop a comprehensive green future with low emissions, saving natural resources and improving people’s lives. If taking advantage of the opportunity to develop, the Vietnamese electric car market could grab a top position on a regional level, or beyond
continents automobile production stutters yet again

Continent’s automobile production stutters yet again

Automakers are being forced to suspend production and suffer from sales dips again due to pandemic disruptions across Asia.
biden targets half of us car sales to be zero emission by 2030

Biden targets half of US car sales to be zero-emission by 2030

With executives from the Detroit automakers watching, President Joe Biden on Thursday announced a target for half of all cars sold in the United States to be zero-emission vehicles by 2030.
carmakers ride on despite sales dip

Carmakers ride on despite sales dip

Famous automakers are pushing on with plans to launch new models and promotions in Vietnam despite the pandemic roadblocks, thanks in part to positive results made over the first half of the year.