Auto firms urged to have suitable business plans amid COVID-19

Auto firms urged to have suitable business plans amid COVID-19

Automobile producers are observing the complex changes of the second wave of the COVID-19 pandemic to adjust their businesses.
THACO may bring back BMW assembly to Vietnam

THACO may bring back BMW assembly to Vietnam

THACO has just revealed to resume assembling BMW cars in Vietnam a decade after the German carmaker stopped manufacturing operations in the country.
Wheel turns against the auto sector

Wheel turns against the auto sector

Inconsistent and unpredictable tax policies have pushed automobile producers and dealers’ backs against the wall. Toyota, Ford and other local automobile producers have recently decided to increase prices of locally-produced automobiles while several importers have scaled back shipments of brand new and used cars.