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Car buyers still in a spin

Car purchases are still beyond the payment capacity of most local consumers though import tariffs will fall from January 1, 2012.

 

Year-end paradox: car manufacturers reduce prices to stimulate demand

The car market is freezing with so low demand that even sale promotion campaigns and price discounts cannot help boost sales.

   

Big automobile manufacturers leaving Vietnam?

If Vietnam cannot develop the automobile industry, it will have to spend 12 billion dollars a year to import cars by 2025. If so, Vietnam will have to suffer more serious trade imbalance, w [ … ]

   

Suzuki seeks arbitration over Volkswagen divorce

Japan's Suzuki Motor on Thursday sought arbitration with the International Chamber of Commerce over its attempt to end an alliance with Volkswagen.

   

Vietnam strives to enlarge the automobile “coverage”

The stable economic growth of 7 percent every year and the average income per capita at 3810 dollars by 2015, will all help increase the level of automobile “coverage” in Vietnam to 26 cars [ … ]

   

Mitsubishi, Suzuki in talks on electric-car pact

Japan's Mitsubishi Motors (MMC) said Tuesday it is in talks to supply rival Suzuki Motor with electric vehicles.

   

Big payouts from startups excite Silicon Valley

Everyone dreams of striking it rich — and what they would do with such a windfall. A new house? A fancy car? Maybe designer clothes selected by a personal shopper.

   

Renault say 2011 car was "failed experiment"

Renault's radical approach to the design of this year's Formula One car has been a failure, according to technical director James Allison.

   

Transportation Rimac Automobili's Concept One supercar spotted in action, looks super (video)

Back in September, we were lucky enough to catch a glimpse of the Concept One, the first electric supercar from Croatia's Rimac Automobili.

   

The most advanced Mercedes-Benz showcases at auto show

In a grand-style booth, Mercedes-Benz is celebrating numerous Vietnam premieres at the Vietnam Motor Show at the Saigon Exhibition and Convention Center (SECC) in District 7, HCMC, which is [ … ]

   

Auto sector runs into brick wall

To sustain tough market conditions when car import tariffs keep falling under Vietnam’s commitments to the world community, car manufacturers must drive down production costs through hiking [ … ]

   

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