Keyword: "automobile"

Honda Vietnam reported robust sales growth in April across both its motorcycle and automobile segments, with year-on-year increases of 6.9% and 18.9%, respectively.

One standout trend was the sharp rise in completely built-up (CBU) imports, which saw sales climb 60% to 16,863 units. Meanwhile, domestically assembled vehicles also posted a gain of 35%, with 14,887 units delivered to customers.

Thailand, the largest automobile manufacturing hub in Southeast Asia, serves as an export base for major carmakers such as Toyota and Honda. The Thai Auto Parts Manufacturers Association reported that the country's auto parts export value totaled 19.8 billion USD from January to September 2024.

Geely clearly demonstrated its green and sustainable direction with the all-electric Geely EX5, which stands out with its powerful 218-horsepower electric motor, 320 Nm of torque, and a 60.2 kWh battery capacity allowing the vehicle to travel up to 430 kilometres on a full charge.

Experts have noted that automobile exports not only benefit businesses but also significantly contribute to the Vietnamese economy, while promoting the development of the supporting industry.

The company expects to cut or transfer about 1,000 jobs in Thailand and stated that reducing operating expenses by around 400 billion JPY (2.62 billion USD) in the 2026 fiscal year will help maintain a stable operating profit margin of 4%.

The Vietnam Motor Show 2024 (VMS 2024) themed Accelerate to Green kicked off in Ho Chi Minh City on October 23, featuring 19 automotive brands and nearly 300 exhibitors.

Automaker VinFast, a subsidiary of conglomerate Vingroup, has announced it delivered more than 9,300 cars to customers in September, securing the leading position in the Vietnamese automobile market in the month.

Construction started on a 260 million USD automotive engine manufacturing plant at the Chan May – Lang Co Economic Zone in Thua Thien – Hue province on August 23 by Kim Long Motor Hue and China's Yuchai Corporation.

Malaysia must increase the export of auto parts if it wants to become an ASEAN automotive hub, according to Malaysia Automotive, Robotics and IoT Institute (MARii).

Members of the Vietnam Automobile Manufacturers Association (VAMA) sold 23,800 vehicles in June, up 15% from the previous month, VAMA announced on July 12.

Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 22,409 automobiles of all kinds in May, a decrease of 8% compared with the previous month.

Members of the Vietnam Automobile Manufacturers Association sold over 30,038 vehicles in March, up 30% from the previous month, after recording growth of 33% in February.

Members of the Vietnam Automobile Manufacturers Association (VAMA) sold over 30,038 vehicles in March, up 30% from the previous month, after recording growth of 33% in February, VAMA announced on April 13.

Automobile production in Thailand rose 6.39% in February from a year earlier to 165,612 units, as a shortage of microchips eased and export increased, the Federation of Thai Industries (FTI) reported.

Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold over 404,00 vehicles of all kinds last year, an annual rise of 33%.

Members of the Vietnam Automobile Manufacturers Association (VAMA) sold over 36,962 autos in March, up 60 percent on the month, according to a recent VAMA report.

VinFast Trading and Service Limited Liability Company, a subsidiary automaker of Vietnamese conglomerate Vingroup, enjoyed a month-on-month increase of 15.3 percent in sales in November, to 3,829 vehicles.

Honda Vietnam reported the brand saw reductions of 14.5 percent and 54.9 percent in retail sales of motorbikes and cars, respectively, in August as compared to the previous month.

Speaking at the cooperation agreement, Zhen Li, President of Gotion High-Tech Company, said that Gotion High-Tech will use leading technologies and experience in battery manufacturing to support Vinfast electric cars development. The two sides will contribute to jointly develop the clean energy industry and promote low emission targets in Vietnam, China and around the world.