Vietnamplus

Thailand's domestic car and motorcycle sales may suffer the brunt if Thai financial institutions are affected by the risk of bank failures in the US and Europe, according to the Federation of Thai Industries (FTI).

Indonesia’s Finance Minister Sri Mulyani Indrawati on March 20 said that Indonesia’s Government will spend 7 trillion rupiahs (nearly 456 million USD) from its State’s budget to subsidise the sales of new electric motorcycles and the conversion of combustion engine motorcycles in two years 2023 and 2024.

Along with the strong growth of Honda Vietnam, its parts suppliers also recorded positive business results in 2022.

Honda Vietnam has reported its fall in motorcycle and automobile sales at 36.8% and 7.3% respectively in February.

The Piaggio Vietnam Co. Ltd has raised its investment in the northern province of Vinh Phuc by 75 million USD to 165 million USD to expand operations.

The 19th Vietnam International Autotech & Accessories Show will take place from May 18-21 in Ho Chi Minh City, expecting 300 booths organised by nearly 200 businesses.

Morocco announced that it has initiated an anti-dumping investigation into bike and motorcycle tires originated or imported from Vietnam, the Vietnamese Ministry of Industry and Trade (MoIT) said.

Nearly 100 businesses are showcasing thousands of products at the 7th Vietnam Cycle & Vietnam Sport Show that kicked off in Hanoi on November 3.

Honda Vietnam has recorded improved sales of motorcycles in August, with a month-on-month increase of 20.8%.

The Hanoi Department of Natural Resources and Environment has proposed a roadmap for controlling motorcycle exhaust emissions.

The Hanoi Department of Natural Resources and Environment has proposed a roadmap for controlling motorcycle exhaust emissions.

Motorcycle sales of Honda Vietnam increased 4.3 percent in January while its auto sales decreased 12.1 percent compared to the previous month, the company has announced.

The Mandalika Resort in Lombok of Indonesia’s West Nusa Tenggara province has been ready to host the world-class MotoGP motorcycle event 2022 in March, Indonesian President Joko Widodo has affirmed.

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.

Members of the Vietnam Association of Motorcycle Manufacturers (VAMM) sold a total of 667,360 motorcycles in the second quarter of 2021, a year-on-year rise of 28.65 percent.

Truong Hai Auto Joint Stock Company (Thaco), and French automotive manufacturer Peugeot recently announced their strategic cooperation in motorcycle manufacturing for domestic distribution and export.

Indonesia’s domestic motorcycle sales dropped strongly in October 2020 due to impacts of COVID-19 pandemic, according to the Association of Indonesia Motorcycle Industry (AISI).

Members of the Vietnam Association of Motorcycle Manufacturers (VAMM) sold a total of 677,739 motorcycles in Q3, a year-on-year fall of 18.49 percent.

Motorcycle manufacturers in Indonesia have started to adjust sales target this year due to impact of the COVID-19 pandemic, announced the Indonesian Motorcycle Industry Association (AISI).

Owners of motorbikes more than 18 years old and failing to meet emission standards in Hanoi may receive a subsidy to purchase a new bike under a programme proposed by the city’s Department of Natural Resources and Environment.