automakers settle deadly takata airbag case for us 553m

Automakers settle deadly Takata airbag case for US$553m

NEW YORK: Four automakers including Toyota and BMW agreed on Thursday (May 18) to pay US$553 million to settle a US lawsuit over the defective Takata airbags blamed for 11 deaths in the United States alone.
chinese automakers eager to co operate with vietnamese partners

Chinese automakers eager to co-operate with Vietnamese partners

Chinese automakers are seeking opportunities to co-operate with Vietnamese partners to develop the production of heavy duty truck parts.
emission policy frustrates automakers

Emission policy frustrates automakers

The proposal on the application of Euro 4 emission standards as of March 31, 2017 made by the Ministry of Transport (MoT) may become a barrier to domestic automakers, while promoting imported products. 
lawsuit in us says automakers knew of takata flaws

Lawsuit in US says automakers knew of Takata flaws

WASHINGTON: Leading auto manufacturers, including BMW and Nissan, equipped their cars with Takata airbags despite knowing they were dangerous, according to legal filings reviewed on Tuesday (Feb 28) by AFP.
car industry shifting to accommodate import

Car industry shifting to accommodate import

Foreign automakers and importers step up their game to adapt rising auto imports following tariff reductions throughout the ASEAN.
govt to work with businesses to boost automobile industry

Gov’t to work with businesses to boost automobile industry

The Government will work with automakers to turn the national automobile industry into a key economic sector, contributing to the country’s economic growth and meeting the public’s demand for autos, said Deputy Prime Minister Trinh Dinh Dung.
russian automakers face vn challenges

Russian automakers face VN challenges

Russian and Belarusian automakers are likely to face significant challenges in Viet Nam, although some of their vehicles will enjoy zero-per-cent tariffs when entering Viet Nam from yesterday, experts said.
legal auto import advantages to remain

Legal auto import advantages to remain

The Ministry of Industry and Trade will likely continue to require importers of complete built up (CPU) cars with less than nine seats to show proof that they are authorised dealers for foreign automakers. The requirement was mentioned in the ministry’s Circular 20, which came into effect in June 2011 but was scheduled to become invalid on July 1 this year.
german automakers to recall 630000 cars over emissions irregularities

German automakers to recall 630,000 cars over emissions irregularities

Around 630,000 Audi, Mercedes, Opel, Porsche and Volkswagen cars are to be recalled in Europe owing to irregularities in their emissions values, a German government source told AFP on Friday.
car sales nosedive in february

Car sales nosedive in February

Automakers sold 11,718 cars in Viet Nam in February, a 49 per cent drop over the previous month, a report released by the Viet Nam Automobile Manufacturers' Association (VAMA) said.
na deputies worried about revised tax on cars

NA deputies worried about revised tax on cars

Many National Assembly delegates have expressed concerns about difficulties domestic automakers would face if the special consumption tax is deeply reduced.
april car sales positive but automakers still worried

April car sales positive but automakers still worried

April was a positive month for Vietnamese auto sales, though carmakers have claimed difficulties conducting business in the country's unstable and undeveloped automobile industry.
us auto sales jump in january

US auto sales jump in January

Major automakers on Tuesday (Feb 3) reported large gains in January US sales as the improving economy and low fuel prices kept demand high for larger vehicles.
safety watchdog urges full takata air bag recall in us

Safety watchdog urges full Takata air bag recall in US

US safety regulators pushed on Tuesday (Nov 19) for a nationwide recall of cars with defective Takata air bags, increasing the pressure on both the Japanese firm and automakers ahead of a Senate hearing into the deadly problem.
s koreas top two automakers hit by strike

S Korea's top two automakers hit by strike

Workers at South Korea's two largest automakers went on a limited strike on Friday (Aug 22) to press their demands for wage reforms, their unions said.