Sales of automobiles plunged 28% year-on-year to 131,248 units in the first seven months of this year, according to the Vietnam Automobile Manufacturers Association (VAMA).
Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 24,002 automobiles in June, up 26% compared to the previous month but down 13% year on year.
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.
The luxurious car market is expected to develop strongly this year, despite the automobile industry facing challenges due to the COVID-19 pandemic, causing automakers to suspend or reduce production.
Mercedes-Benz Vietnam will recall 1,648 cars with faulty steering it sold between June 2016 and October 2017.
The success of automobile manufacturers is determined not only by product quality and design, but also by distribution networks and post-sale services.
Vietnamese are some of Southeast Asia’s biggest buyers of luxury cars. As many as 8,670 luxury cars of different kinds were sold in Vietnam in 2017, a decrease of 15 percent from 2016, according to one report. However, the amount of money spent on the cars was VND20 trillion.
The Vietnam International Motor Show 2017 (VIMS 2017) will open at the Saigon Exhibition and Convention Centre (SECC) in Ho Chi Minh City on October 25, with the participation of 13 auto, motorbike and yacht brands.
Mercedes-Benz Vietnam is issuing a recall to the owners of 1,234 vehicles of various models in Vietnam to fix faulty power systems and the electrical connection to the electro-hydraulic power steering (EHPS).
VOV.VN - Mercedes-Benz has debuted its mid-range AMG model in coupe body style at the 7th Mercedes-Benz Fascination Motor Show in Hanoi.
VOV.VN - Over the past decade, uncomplicated and easy to understand advertising has given way to national branding— giving products an emotional connection to which their customers can identify.
VOV.VN - The nation’s logistics network has not been implemented in an integrated manner, says the Vietnam Ministry of Industry and Trade (MoIT).
The planned cuts in luxury tax on cars with small engines are expected to spur demand, encouraging auto manufacturers to expand production.
German enterprises are demonstrating their confidence in Vietnam, thanks to the country’s improved investment climate and participation in free trade agreements.
Foreign companies continued to dominate the list of best employers in Vietnam, but more local firms successfully improved their workplace environment last year, a new survey found.
The price of domestic cars have soared since the beginning of this year due to the Government's adjustment of special consumption taxes on imported automobiles.
(VOV) -Saigon AutoFest organizers are planning to give people what they want— lots of noise with plenty of entertainment at a family event with a great deal of stuff for adults and kids to do.
(VOV) - Mercedes –Benz, currently in its second year of operations in Vietnam, has decided to raise its registered capital by an additional US$10 million to US$30 million.
(VOV) - The auto market has defied numerous difficulties to record the rather impressive growth of 19 percent in 2013, providing leverage for even more improvement in 2014.
(VOV) -Ho Chi Minh City will host the 9th Motorshow Vietnam exhibition on October 23 24.