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car market
News updates related to the auto market
Reducing registration fees, supporting the Vietnamese automobile market
The Ministry of Finance has researched and proposed to the Government and the Prime Minister to extend the tax payment deadline and reduce registration fees for domestically produced and assembled cars. If the proposal is approved, it will be an important support to remove difficulties for the car market and support manufacturing enterprises to recover and develop.
Car
Decrease in first quarter sales causes Vietnamese auto market to lose top 4 position in the region
With sales reaching only 70,392 vehicles in the first quarter of 2023, a decrease of 22.2% over the same period, the Vietnamese auto market has lost its 4th position in the region.
The car market is bustling again
If the auto market was somewhat gloomy in the months after Tet, recently the auto market has become vibrant again.
1,300 cars sold in Vietnam every day
In the first 9 months of 2022, the entire Vietnamese automobile market consumed more than 352,700 cars of all kinds, equivalent to an average of about 1,300 cars sold per day.
Paradox of the auto market in early 2018
The Vietnamese automobile market is in chaos at the beginning of 2018. While consumers are scrambling to buy cars for their needs before Tet, suppliers are running out of cars to sell. The shortage of goods is making it difficult for both consumers and automakers...
Detroit Auto Show - Hope to Save the Auto Market
The Detroit Auto Show shows the trend that manufacturers are focusing on to develop to save the declining auto market.
At the end of the year, domestic cars are racing to reduce prices, while imported cars are still increasing in price.
While many domestically assembled car models have prices reduced by tens of millions of dong, imported car models have increased in price at the end of the year.
Vietnamese people increase car purchases again as prices continue to fall sharply
December 10, 2017 08:02
Industry-wide sales in November increased 13% compared to October, but the cumulative total for the year still decreased 10% compared to the same period in 2016.
Discounts, a double-edged sword in the Vietnamese auto market
November 18, 2017 19:34
Never before has the Vietnamese auto market been in such a "chaotic" situation with the story of retail price reductions like in 2017....
Vietnam's auto market is at its most exciting stage.
November 6, 2017 15:57
Car prices decrease month after month, the auto market welcomes new policies near the end of the year shopping season, making the auto market unpredictable for both buyers and sellers.
'The year-end market of the automobile market'
October 27, 2017 09:03
Sales pressure and the difficulties that were set for 2018 made the VIMS 2017 auto show like a year-end market...
Online car trading chaos: Surfing the web to buy a car, regretting losing money
October 21, 2017 22:01
There are many websites selling cars. It is difficult for customers to distinguish between official websites of dealers and businesses, and risks are always lurking.
China aims to become an electric vehicle hub
September 14, 2017 11:39
China requires major global automakers to share electric vehicle technology if they want to do business in the country.
Domestically assembled i10 car: Smooth ride, not smooth shape
September 8, 2017 09:08
The small car operates quite stably at high speeds, moves smoothly in the inner city and has impressive fuel economy.
Losing billions, Renault car distributor seeks to 'escape' from Vietnam
August 29, 2017 12:40
Downsizing and selling "distribution rights", Auto Motors Vietnam - the distributor of Renault cars in Vietnam is said to be looking for a way out after nearly 7 years in the market.
Car prices drop sharply, but customers remain indifferent
August 8, 2017 16:40
Despite a series of big companies aggressively cutting prices, the auto market in July still declined quite sharply compared to the previous two months.
Vietnam's auto market is the second fastest growing in the world
February 23, 2017 14:49
Vietnam's automobile market grew by 27.1% in 2016, ranking second in the world after Singapore with a growth rate of 48%. However, Vietnam is not the market with the largest consumption of cars in the world.
Following Mazda, Kia reduces price by up to 127 million VND
December 14, 2016 09:25
Truong Hai also applies the year-end customer attraction strategy by deeply discounting all Kia car models from 19-127 million VND.
Mazda's deep price cuts cause chaos in the Vietnamese auto market
December 8, 2016 14:50
The deepest decrease compared to November is for Mazda6 with 170 million while CX-5 and Mazda3 also have the highest decrease of 90 million.
Indonesian cars cost nearly 290 million VND
August 15, 2016 09:52
The price of Indonesian cars arriving at ports in Vietnam is only about 12,880 USD per car, lower than cars imported from Thailand.
Top 10 best-selling cars in March in Vietnam
April 11, 2016 20:26
The auto market has improved in March as car manufacturers have seen significant growth. The top 10 best-selling cars are still familiar names such as Vios, Ranger and Morning.
New "twin horses" in the Vietnamese auto market?
April 22, 2015 15:37
With a surprising acceleration in March 2015, the Mazda3 model is showing that it can compete with its tough rival Toyota Corolla Altis to create a new "twin horse" pair.
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