automakers expect high sales near tet after dreary month

Automakers expect high sales near Tet after dreary month

The auto market moved against the normal trend, declining in November after strong growth in the previous month, but automakers are still expecting better sales in the months before the Tet holiday.
heavy discounts boost auto sales

Heavy discounts boost auto sales

Major automakers in Viet Nam reported a year-on-year sales surge of 6 per cent in November yesterday, riding on aggressive discounts and continued popularity of smaller cars.
eco friendly car focused tokyo motor show opens

Eco-friendly car focused Tokyo Motor Show opens

The Tokyo Motor Show kicks off Wednesday with Japanese automakers showcasing their latest electronic technology and eco-friendly cars aimed at the growing low-emissions sector.
toyota chairman calls for more hybrid vehicles in us

Toyota chairman calls for more hybrid vehicles in US

Toyota chairman Takeshi Uchiyamada challenged automakers on Monday to step up sales of hybrid vehicles in the United States, calling them "a long bridge" into the future.
suzuki motor to build new plant in indonesia reports

Suzuki Motor to build new plant in Indonesia: reports

Suzuki Motor plans to invest a total of 100 billion yen in Indonesia as Japanese automakers increase their presence in Asia, reports said Sunday.
rocky road for electric car market

Rocky road for electric car market

The road has gotten bumpier for electric cars. Electric cars are still coming to market from luxury maker Tesla, and from major automakers such as General Motors, Nissan and others, but the outlook has become murkier.
hyundai kia recall 19m vehicles in us

Hyundai, Kia recall 1.9m vehicles in US

South Korean automakers Hyundai and Kia are recalling nearly 1.9 million vehicles in the United States to fix brake lights and airbags.
dow sp push to new record highs

Dow, S&P push to new record highs

US stocks pushed to new record highs, bolstered by solid US manufacturing orders and strong results from US automakers.
automakers eye tax relief

Automakers eye tax relief

Foreign car-makers are seeking more tax incentives from the Vietnamese government as a condition to increase investments in Vietnam.
fuel efficient autos drive sales higher

Fuel-efficient autos drive sales higher

US auto sales revved up in March amid an improving economy and as high gasoline prices boosted buying of fuel-efficient vehicles, US and foreign automakers said Tuesday.
us auto sales accelerate despite fuel price jump

US auto sales accelerate despite fuel price jump

US auto sales continued to accelerate in February despite an unnerving jump in as an improving overall economic outlook and aging vehicles drew consumers into showrooms, automakers said Thursday.
ho chi minh city automakers to form park

Ho Chi Minh City automakers to form park

The government has cleared a Ho Chi Minh City administration proposal to upgrade the automotive industry cluster in Cu Chi district into an industrial park.
toyota bmw strike green car technology pact

Toyota, BMW strike green-car technology pact

Automakers Toyota and BMW on Thursday struck a partnership to share eco-friendly technologies, including in the joint development of lithium-ion batteries for next-generation electric cars, the companies said.
japans honda to build factory in russia

Japan's Honda to build factory in Russia

Honda Motor has decided to build its first factory in Russia, becoming the last of the five major Japanese automakers to do so, a report said Sunday.
volkswagen and porsche say no merger in 2011

Volkswagen and Porsche say no merger in 2011

A merger of German automakers Porsche and Volkswagen will not be completed in 2011 as planned, but the two companies said Thursday they still intend to create a tie-up.