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.
Automakers in race for sales to avail of temporary fee cut

Automakers in race for sales to avail of temporary fee cut

The temporary 50 per cent cut in registration fees for locally-made cars starting from June 2020, which aimed to encourage domestic production through the global health crisis, may not extend into 2021, thus carmakers are hoping for new benefits in order to build on recent sales momentum.
Anxious carmakers hoping losses remain in rear mirror

Anxious carmakers hoping losses remain in rear mirror

Despite efforts in converting part of their facilities to produce ventilators and face masks for fighting the coronavirus pandemic, global carmakers are still reporting losses that are hoped to eventually change direction into profit again by the end of the year.
Auto giants switch up production for crisis

Auto giants switch up production for crisis

A series of giant carmakers across the world, including in Vietnam, have started converting part of their facilities to produce ventilators and face masks to fight the coronavirus pandemic that is biting into their main portfolio investment.
Carmakers hit the brakes over newest emergency measures

Carmakers hit the brakes over newest emergency measures

Auto manufacturers are looking at bleak prospects as the global pandemic weakens sales and pushes them to temporarily suspend production, with the trend expected to continue through April at least.