vietnamese car market recovers after bottoming out

Vietnamese car market recovers after bottoming out

After a record decline in August, Vietnam's car sales in September have bounced back, a positive sign for the year-end shopping season.
vietnams car sales have fallen to its lowest level since 2015

Vietnam’s car sales have fallen to its lowest level since 2015

The Vietnam Automobile Manufacturers’ Association (VAMA) announced a significant slump in overall August sales, which is the deepest decline since 2015.
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.
europe to boost battery production as electric shift accelerates

Europe to boost battery production as electric shift accelerates

As electric car sales take off and petrol engines face being phased out by 2035, Europe is looking to develop its own battery production base.
norway first to over 50 electric in 2020 new car sales industry group

Norway first to over 50% electric in 2020 new car sales: industry group

Norway became the first country in the world where electric cars accounted for more than 50 percent of new registrations in 2020, according to figures published Tuesday by an industry group.
price wars imminent as initial fees reduce

Price wars imminent as initial fees reduce

As car sales continue to reduce, local importers have asked authorised agencies to apply a 50 per cent reduction in registration fees for imported cars in order to remove discriminatory tax reduction currently used for only locally-assembled vehicles.
car sales rocket after registration fee cut

Car sales rocket after registration fee cut

After the Government’s move to lower car registration fees by half took effect more than a week ago, the domestic car market has picked up.
auto prices fall due to low demand

Auto prices fall due to low demand

Vietnamese auto firms have launched promotions to spur demand after sales dropped following the Tet (Lunar New Year) holiday and as the number of imported cars has increased strongly.
global electric car sales up more than 50 in 2017 iea

Global electric car sales up more than 50% in 2017: IEA

Electric car sales around the world rose by 54 per cent in 2017, taking global stock across the three-million threshold, the International Energy Agency said in a report Wednesday (May 30).
new challenges to vietnamese customers faith in mercedes benz

New challenges to Vietnamese customers’ faith in Mercedes-Benz

Whether German car manufacturer Mercedes-Benz’s car sales in Vietnam will be narrowed due to the impact from German authority’s investigation on it and its constant recalls in this year’s first months.
despite dropping revenue in china honda remains strong in vietnam

Despite dropping revenue in China, Honda remains strong in Vietnam

Despite a huge reduction in revenue in China due to engine errors affecting CR-V and Civic vehicles, Honda is still doing well in Vietnam based on its market shares in the motorbike and car segments, with a new record in car sales.
nissan to cut hundreds of jobs at uk car plant source

Nissan to cut hundreds of jobs at UK car plant: source

Japanese automaker Nissan will axe hundreds of staff at its car plant in northeastern England due to a sharp fall in diesel car sales, a source told AFP on Friday.
car sales fall in january november period

Car sales fall in January-November period

Car sales from January to November this year fell 10 per cent year on year to 244,670 units, despite a pick-up in November.
viet nam auto demand catching up with region

Viet Nam auto demand catching up with region

An increasing number of Vietnamese plan to buy a car this year, catching up with other ASEAN countries, according to the Auto Purchase Index of Financial Times Confidential Research (FTCR) that measures the six-month outlook for car sales to urban consumers.
car sales report heavy fall in april

Car sales report heavy fall in April

Automobile sales marked a dramatic decline in April.