The lack of buyers due to the complicated COVID-19 situation has caused the domestic car market, which had just started to recover thanks to the policy of reducing registration fees by 50%, to become sluggish and unpopular again.
The root cause is that the production volume of each car model is insufficient to reduce costs, and furthermore, the Vietnamese market is currently small and has too many car models.
The largest automotive trade show of 2015 will take place at the Saigon Exhibition and Convention Center (SECC) from October 28th to November 1st, 2015.
The elderly man carelessly let go of the stroller carrying his granddaughter without noticing that it was on a slope. The stroller rolled downhill and plunged onto the nearby railway tracks just as a train was approaching.
At a recent exhibition, Mr. Bui Ngoc Huyen, Chairman of Vinaxuki Company, personally drove and introduced a small passenger car model priced at around 310 million VND.
(VTC News) – Not only does Toyota have to prepare to deal with defects in nearly 43.000 vehicles assembled in Vietnam, but it also received bad news as it lost its number one position in the market.
(VTC News) – Of the 6,39 million Toyota vehicles recalled globally, nearly 43.000 Innova and Fortuner models manufactured in Vietnam have to be sent to workshops due to airbag defects.
(VTC News) – With a price tag approximately 50 million VND lower than the imported version and up to 90% localization, will the domestically produced Vespa LXV still retain its quality?
(VTC News) – With similar styling and comparable features, which is the better buy: the domestically produced Kia Picanto or the imported used Kia Morning?
(VTC News) – The market is declining, with tens of thousands of cars unsold and in inventory. However, a few car models are still doing relatively well thanks to their brand appeal and reasonable prices…
(VTC News) – With tens of thousands of cars unsold on the market, both domestic and imported car businesses are feeling overwhelmed.
(VTC News) – Struggling to survive with extremely low sales for six consecutive months, the Suzuki APV, Cherry Riich M1... are desperately trying to find customers but are still the most criticized models on the market today.
(VTC News) – After a month of aggressive promotions, sales of domestically produced cars increased by 148 units compared to the previous month.
(VTC News) – Not only imported cars, but also domestically assembled cars are going through an extremely difficult period with disastrous sales despite implementing various stimulus measures.
(VTC News) – With sales of 7.525 vehicles, the domestic car market in March was somewhat less gloomy, but the anxiety surrounding fees still lingered.
(VTC News) – Despite efforts to reduce prices and offer promotions, the domestic car market remains sluggish, while extremely expensive imported supercars and luxury cars are flooding the country.
(VTC News) - Following the usual pattern, November is the time when the car market kicks off, a time when consumers rush to buy cars.
(VTC News) – Despite a decline in overall market sales, passenger cars continue to demonstrate their appeal and remain the best-selling vehicle segment in the market.
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