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VinFast commits to buy back electric cars after 5 years of use

Apr 10, 2023 – In order to improve the reputation of the brand, VinFast has committed to buying back old electric cars if customers want to resell after the first 5 years.

Toyota officially ends operations in Russia

Apr 10, 2023 – Not only Toyota, but many other automakers also have to suspended manufacturing operations or are planned to leave Russia.

Import car models that dominate the Vietnamese market

Apr 03, 2023 – Names like Creta, Corolla Cross, Xpander … sell more than 12,000 units per year, enough for companies to consider localization in addition to many other conditions.

Chinese car sales skyrocket in Russia

Apr 03, 2023 – Up to 33% of total car dealerships in Russia belong to Chinese brands, and the market share of Chinese brands is close to that of Russia.

E-fuel – green fuel replaces gasoline, diesel

Mar 27, 2023 – Synthetic e-fuel is the solution to emissions neutrality requirements but also remaining tendency to use the internal combustion engine.

Vietnam’s automobile market decline by nearly 30% in early 2023

Mar 27, 2023 – After two months, total sales of VAMA, Hyundai, VinFast and other importers reached more than 50,000, a drop of 27% compared to the same period in 2022.

Automakers drop out of Vietnam’s biggest exhibition

Mar 20, 2023 – Difficulties are forecast from the end of 2022, making automakers no longer interested in participating in the Vietnam Motor Show 2023.

Kia, Mazda, and Peugeot simultaneously reduce selling prices

Mar 10, 2023 – In March, Kia, Mazda, and Peugeot models assembled and distributed by Thaco were all discounted from 10 to 100 million VND.

Vietnamese customers show hesitance towards buying cars on installments

Mar 10, 2023 – The rate of Vietnamese customers loaning from banks to buy cars is commonly at 30-40%, while in developed countries this figure can be more than 80%.

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