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cheap cars
Latest news related to cheap cars
CPTPP: The dream of cheap cars is unlikely to come true
The Multilateral Trade Policy Department (Ministry of Industry and Trade) said that for cars, in addition to import tax, there is also special consumption tax and fees. If import tax is reduced but special consumption tax and fees are increased, car prices will not decrease as expected.
Economy
Fake police trick many people into buying cheap cars
Claiming to be a police captain of the Ministry of Public Security, Long said the agency liquidated cheap cars, received money from many people and then embezzled it.
Baojun E100 - electric car priced at 5,000 USD
General Motors will start selling a small electric car in China this week for just $5,300.
Cheap cars come to Vietnam more after new tax
According to the report of the General Statistics Office, the value of imported cars in the first 8 months is estimated at 1.592 billion USD, equivalent to about 71,000 cars. Compared to the same period last year, the total import value of completely built-up cars in the first 8 months of 2016 decreased by 5.8% in volume and 16.8% in value.
5 notable used car models priced at 100 million
With 100 million VND (about 5,000 USD), users in the US can buy a 2005 Toyota Camry or a 2006 Honda Civic. But in Vietnam, you can only buy quite "old" car models.
Russian car priced at 300 million VND is about to be sold in Vietnam
With tax incentives, UAZ off-road vehicles, Kamaz or Gaz commercial vehicles with cheap prices will create a new breeze for the Vietnamese automobile market.
Renault's strategy to dominate the low-cost car market share
(Baonghean.vn) - 2015 was a successful year for the world's fourth largest car manufacturer, Renault SA, with the highest sales ever and profits reaching 2.96 billion euros, up nearly 50% compared to 2014. The strategy of expanding into new markets in Asia, Africa and catching up with the recovery of the European market seems to be putting the French car manufacturer on the right track.
Vietnamese people buy cheap cars: Just keep dreaming?
May 4, 2015 15:55
The import tax on cars to Vietnam will eventually be reduced to 0%, but there are enough reasons for people not to dream of buying cheap cars. Taxes and fees will weigh heavily on cars, and then the monopoly on distribution will have the right to decide the selling price, and the sluggish auto industry will not be able to produce cheap cars.
Amidst the cheap car siege, Vietnamese people should not be delusional.
October 13, 2014 14:30
Vietnam is surrounded by factories producing cheap cars. From Thailand, Indonesia, Malaysia, dozens of cheap car models are waiting for the opportunity to penetrate the Vietnamese market.
High tax collection decision crushes the dream of cheap cars
May 6, 2014 08:52
High taxes are the main reason why car prices in Vietnam are 300 million VND higher than in other countries in the region, especially the special consumption tax applied to cars with less than 9 seats.
Cheap cars, when will it be Vietnam's turn?
February 4, 2014 15:50
In the same ASEAN bloc, while people in Thailand and Indonesia can easily buy cars at cheap prices, in Vietnam, car prices are too expensive. The dream of buying a cheap car is still too far away.
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