Honda Vietnam reported robust sales growth in April across both its motorcycle and automobile segments, with year-on-year increases of 6.9% and 18.9%, respectively.

Total automotive sales reached approximately 97,000 units, with both industry giants Toyota and Isuzu, alongside electric vehicle maker BYD, experiencing notable declines.

Auto loans from banks in Thailand are probably 100 - 200 billion THB (2.7 - 5.4 billion USD) lower than expected so far this year because of concerns over non-performing loans, which threatens to affect the entire automotive supply chain, according to the Federation of Thai Industries (FTI).

PT Astra International, the largest distributor of Peugeot vehicles in Indonesia, has announced the cessation of Peugeot vehicle sales, ending the French brand’s 52-year presence in the Southeast Asian country.

VinFast Auto announced on March 15 that it will take part in the 45th Bangkok International Motor Show (BIMS 2024) in Thailand.

A total of 2,033 Hyundai cars hit the road in Vietnam in February, a month-on-month fall of 43%, Thanh Cong (TC) Group, the assembler and distributor of Hyundai vehicles in Vietnam, announced on March 12.

Sugar companies improved business operations and boosted earnings in 2023.

Honda Vietnam on October 11 reported its increases of 24.3% and 78.5% in sales of motorbikes and automobiles, respectively, in September from the previous month.

Vietnam imported 86,749 completely-built automobiles (CBUs) worth over 2 billion USD in the first eight months of this year, down 9.8% in both quantity and value compared to the same period last year, according to the General Department of Vietnam Customs.

The 2023 Cross-border E-commerce Expo Vietnam, the first of its kind, will take place in the southern largest economic hub of Ho Chi Minh City from August 10-12.

Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold 22,409 automobiles of all kinds in May, a decrease of 8% compared with the previous month.

Members of the Vietnam Automobile Manufacturers Association (VAMA) sold over 30,038 vehicles in March, up 30% from the previous month, after recording growth of 33% in February, VAMA announced on April 13.

Thanh Cong Group (TC GROUP) on April 11 announced its sales results for March with over 5,770 Hyundai automobiles sold in Vietnam last month, up 5.5% over February.

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

Falling orders caused by weak demand have left firms with no choice but to shed jobs and scale down production in the last months of the lunar year.

Honda Vietnam posted increases of 26.1% and 31.8% in sales of motorbikes and automobiles in September compared to the previous month.

Thai authority has pledged to tighten its inspection of counterfeit goods, especially in tourist destinations, as they are projected to increase rapidly after the country’s reopening.

Hyundai Motor Co and its affiliate Kia Corp recorded robust on-year sales growth in Vietnam and Indonesia in the first half of 2022, delivering strong performances in the markets traditionally dominated by Japanese automakers, reported YONHAP news agency.

Hoa Phat Group has reported that it sold nearly 4 million tonnes of steel in the first half of 2022, up 6% compared to the same period last year.

Members of the Vietnam Automobile Manufacturers Association (VAMA) sold over 36,962 autos in March, up 60 percent on the month, according to a recent VAMA report.