Indonesia plans to extend tax break on cars World

Indonesia plans to extend tax break on cars

Indonesia is planning to extend a luxury tax break on the sale of sedans and two-wheel drive cars with engine power of less than 1,500 cc to August to support its pandemic-hit automotive industry.
Vietnam the world's next growth market: SeekingAlpha World

Vietnam the world's next growth market: SeekingAlpha

The COVID-19 situation has considerably sped up the transition of manufacturing work into Vietnam and the country is uniquely positioned to take advantage of this move, said an article recently published on SeekingAlpha content service.
Indonesia’s auto sector urged to improve regulations ASEAN

Indonesia’s auto sector urged to improve regulations

Various regulations have hindered Indonesia’s automobile manufacturing and the country’s car exports are still lagging behind its neighbours like Thailand, General Secretary of the Indonesian Automotive Industries Association (Gaikindo) Kukuh Kumara said.
COVID-19 affects Vietnam’s automotive industry Business

COVID-19 affects Vietnam’s automotive industry

The spread of the COVID-19 pandemic in almost all countries and territories worldwide is likely to force automobile manufacturing and assembly firms in Vietnam to scale down operations and even close their factories.
Fast AUTO Show opens in Bangkok ASEAN

Fast AUTO Show opens in Bangkok

Thailand’s car sales this year are likely to go up thanks to the improved purchasing power of many people, in line with recent better prices for agricultural products.
THACO aims to open 15 BMW, MINI showrooms Business

THACO aims to open 15 BMW, MINI showrooms

THACO plans to put into operation 15 large-scale BMW-brand showrooms in HCM City, Hanoi and other major provinces and cities this year to provide the best care and best after-sales services to customers across the country.