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Category: Automotive

Retail News Asia is committed to providing both local and global retailers with the latest Auto and Car news throughout the Asian market. This on a daily base.

  • VinFast Unveils Exclusive Armored Limousine Designed for Elite Leaders and VIPs

    VinFast Unveils Exclusive Armored Limousine Designed for Elite Leaders and VIPs

    Vietnamese automaker VinFast has unveiled its latest offering, the Lac Hong 900 LX—an armored limousine tailored for transporting political figures. This opulent vehicle made its debut at the “80 Years of Independence – Freedom – Happiness” exhibition held at the Vietnam Exposition Center, just in time for the upcoming National Day celebrations in Hanoi on September 2.

    A Tribute to Tradition and Luxury

    The Lac Hong 900 LX is more than just a luxurious vehicle; it’s a symbol of Vietnam’s heritage. Its name pays homage to a mythical bird in Vietnamese tradition that represents the nation’s enduring history. The vehicle’s design showcases elements inspired by the country’s iconic Dong Son bronze drum, while its vertical-slat front grille evokes images of Vietnam’s lush bamboo groves. Because who doesn’t want their ride to double as a cultural landmark?

    A Fortress on Wheels

    Designed to cater to high-profile global leaders, the Lac Hong LX series includes bulletproof and standard versions. VinFast has already provided two armored models and ten standard versions for government use. The bulletproof variant weighs a hefty 5,049 kg due to its reinforced construction, while delivering a driving range of 450 kilometers per charge—certainly a small price to pay for peace of mind.

    Specifications and Craftsmanship

    With a generous wheelbase of 3,349 mm, this luxurious model is larger than the standard VinFast VF 9, boasting a sophisticated black exterior adorned with hand-crafted gold-plated details. Inside, premium materials such as real gold, Nappa leather, and golden nanmu wood elevate its status, offering an opulent atmosphere fit for dignitaries. The leather-wrapped steering wheel, complete with gold-plated accents, is just one of the many thoughtful details that add to the luxurious experience.

    An Experience Beyond Driving

    Stepping inside, one is welcomed by an interior designed for comfort and functionality. The cabin, reminiscent of a first-class aircraft, features heated and cooled seats equipped with ten adjustment modes. Each seat is upholstered in leather with gold stitching, boasting embroidered gold “V” logos on the headrests. If that doesn’t scream “luxury,” we don’t know what does. As for entertainment, the vehicle houses an Audison audio system featuring 13 satellite speakers and a subwoofer, ensuring that any ride feels like an exclusive concert.

    VinFast aims to establish the Lac Hong brand as a luxury segment similar to Toyota’s Lexus and Honda’s Acura, indicating a strategic move to elevate Vietnam’s automotive presence on the global stage. As part of this initiative, the company is likely to explore the production of a smaller model for commercial distribution—perhaps something for the masses that still nods to the opulence of its larger counterpart.

    Exhibition Details

    The “80 Years of Independence – Freedom – Happiness” exhibition runs daily from August 28 to September 5, offering the public a glimpse of this remarkable vehicle and celebrating a pivotal moment in Vietnam’s history. Perhaps while admiring the Lac Hong’s sleek lines and formidable presence, attendees will also be reminded of the long journey this nation has undertaken—one luxury vehicle at a time.

    Questions & Answers

    What is the purpose of the Lac Hong 900 LX limousine?
    The Lac Hong 900 LX is designed primarily for transporting political guests, particularly during significant events like Vietnam’s National Day celebrations.

    What features distinguish the bulletproof version from the standard model?
    The bulletproof version is heavier, weighing 5,049 kg, while the standard model is lighter at 3,035 kg. Additionally, the bulletproof version has a driving range of 450 kilometers compared to the standard’s 595 kilometers.

    How does VinFast plan to position the Lac Hong brand?
    VinFast aims to establish the Lac Hong brand as a luxury segment akin to Toyota’s Lexus and Honda’s Acura, focusing on high-quality, premium vehicles that symbolically reflect Vietnam’s culture and heritage.

  • Vietnam Soars to 3rd Place Worldwide in Electric Motorbike Sales, Igniting a Green Revolution!

    Vietnam Soars to 3rd Place Worldwide in Electric Motorbike Sales, Igniting a Green Revolution!

    Vietnam secured the third spot globally in electric motorbike sales in the first half of 2025, trailing only behind China and India with an impressive tally of 209,000 units.

    Data from online database Motorcycles Data reveals that Vietnam’s market size has doubled compared to the same period last year. China dominated the scene with a staggering 3.2 million units sold, while India followed at 657,000. In total, global sales surpassed 4.4 million, marking a notable year-on-year increase of 7.2%.

    A Local Hero in the Electric Revolution

    In Vietnam, electric motorbike sales are primarily driven by homegrown manufacturer VinFast, the only company to have publicly shared its sales figures. In a landscape where competitors like Honda and Yamaha keep their cards close to their chest, VinFast emerged as a dominant player, securing its position among the top 10 global electric motorcycle manufacturers. Last year alone, the brand led the Vietnamese market with nearly 71,000 units sold.

    Projected Growth and Changing Regulations

    While VinFast has yet to officially announce its sales numbers for the first half of 2025, sources indicate that the company is likely to have sold over 100,000 electric motorbikes. The segment that recorded the most remarkable growth was that of electric motorbikes not requiring a license, which soared by an astonishing 112%. These affordable models are particularly appealing to students and homemakers, bridging the gap between mobility and cost-effectiveness.

    Anticipating a Surge in Demand

    Industry analysts are closely monitoring regulatory changes, particularly the anticipated ban on gasoline motorcycles in parts of Hanoi and the potential for similar initiatives in Ho Chi Minh City. Such regulations are poised to significantly boost the demand for electric motorbikes in the coming years. In a stark contrast, Honda and Yamaha currently offer only one electric motorcycle model each, resulting in relatively modest sales figures.

    Questions & Answers

    What is Vietnam’s global ranking in electric motorbike sales as of the first half of 2025?
    Vietnam ranks third globally in electric motorbike sales, following China and India, with 209,000 units sold.

    Which company leads the electric motorbike market in Vietnam?
    VinFast leads the market in Vietnam, boasting significant sales figures and demonstrating rapid growth within the electric motorcycle segment.

    How are regulatory changes expected to affect electric motorbike demand in Vietnam?
    The expected ban on gasoline motorcycles in urban areas like Hanoi and Ho Chi Minh City is set to drive higher demand for electric motorbikes as consumers shift towards more sustainable options.

  • LG Energy Solution Expands Horizons: Set to Launch Electric Bike Manufacturing in Vietnam

    LG Energy Solution Expands Horizons: Set to Launch Electric Bike Manufacturing in Vietnam

    South Korean battery producer LG Energy Solution is setting its sights on manufacturing electric motorbikes and establishing charging stations in Vietnam. During a recent meeting with local officials in Phu Tho Province, Lee Jin Woo, senior director of LG Energy Solution (LGES), detailed plans for investment that will come through official development assistance, a form of aid aimed at fostering economic growth in developing nations. This venture indicates LGES’s commitment to expanding its footprint in the burgeoning electric vehicle market.

    In addition to manufacturing electric motorbikes, LGES aims to collaborate with local businesses to create a network of charging stations and battery exchange systems tailored for electric vehicles in the province. This move not only promises to enhance the infrastructure for electric mobility but also underscores LGES’s strategic approach to fostering local partnerships.

    Support from Local Authorities

    Phu Tho’s chairman, Tran Duy Dong, has instructed local agencies, including the Investment Promotion and Support Center and the Department of Finance, to facilitate LGES’s investment in the region. The support from local authorities illustrates the government’s eagerness to embrace eco-friendly transportation solutions and bolster the local economy.

    A Leader in Battery Production

    Founded in 1999 as South Korea’s inaugural lithium-ion battery manufacturer, LG Energy Solution has cemented its status as a global powerhouse in battery technology, supplying major automakers such as Ford, Tesla, and General Motors. Beyond electric vehicles, LGES also produces batteries for a range of devices including laptops and smartwatches, demonstrating its versatility in the battery sector.

    Phu Tho’s Vision for the Future

    Positioned approximately 100 kilometers northwest of Hanoi, Phu Tho Province is poised for industrial growth. The local government envisions the establishment of 57 industrial parks covering nearly 13,400 hectares by 2030, with 16 projects already operational. The province has successfully attracted 720 foreign investments, primarily from South Korea and Japan, amounting to approximately US$12.5 billion by the end of 2024. As the home of new investment opportunities and technological advancements, Phu Tho may soon be buzzing with electric motorbike enthusiasts.

    Questions & Answers

    What type of vehicles is LG Energy Solution planning to manufacture in Vietnam?
    LG Energy Solution is planning to manufacture electric motorbikes in Vietnam.

    How will LGES support the electric vehicle infrastructure in Phu Tho?
    LGES aims to collaborate with local companies to establish charging stations and battery exchange networks for electric motorbikes.

    What is the significance of Phu Tho’s local investment vision?
    Phu Tho aims to develop 57 industrial parks by 2030, adapting to the region’s growing industrial needs and promoting foreign investments, while fostering an eco-friendly transportation network.

  • VinFast Dominates Small Crossover Utility Market with Innovative Offerings and Exceptional Performance

    VinFast Dominates Small Crossover Utility Market with Innovative Offerings and Exceptional Performance


    VinFast is dominating the small crossover utility vehicle (CUV) market in Vietnam, capturing more than 64% of sales in the first half of 2025, leaving competitors like Toyota far behind.     In a remarkable surge, the VinFast VF 3 model emerged as the star performer, racking up sales of over 23,000 units. This impressive figure represents 28% of the total 83,100 small CUVs sold in Vietnam during this period. Not far behind, the VF 5 sold 21,800 vehicles, while the VF 6 claimed third place with 8,500 units.

    In stark contrast, Toyota managed to secure only a 12.8% share of the market, with its Yaris Cross and Corolla Cross models ranking fourth and sixth, respectively, having sold 5,400 and 3,600 vehicles. Mitsubishi’s Xforce followed closely in fifth place with 4,500 sales, while other contenders like Hyundai Creta, Kia Seltos, Honda HR-V, and Kia Sonet rounded out the competitive landscape.

    Once a formidable force in the small CUV sector, Kia has found itself facing increasing challenges. The brand, which led the market in 2023-2024 with its Sonet and Seltos models, has seen its sales dwindle to just above 5,000 vehicles for a market share of 6.1%. Competing Japanese brands and the rising trend of affordable electric vehicles have contributed to this shift.

    Mitsubishi and Hyundai are closely matched, each holding just over 5% of the market share, while Honda and Mazda account for 3% apiece. In a market where electric vehicles are becoming the new black, will Kia find a way to revitalize its appeal, or is it merely a case of letting the ‘bigger fish’ swim ahead?

    Questions & Answers

    What percentage of the small CUV market did VinFast capture in the first half of 2025?
    VinFast captured over 64% of the small CUV market in Vietnam.

    Which VinFast model topped the sales, and how many units were sold?
    The VinFast VF 3 topped the sales charts with over 23,000 units sold, accounting for 28% of the small CUVs sold in the country.

    How are Toyota’s models performing in comparison to VinFast’s?
    Toyota’s top models, the Yaris Cross and Corolla Cross, ranked fourth and sixth, respectively, but combined, they only secured a 12.8% share of the market.

  • Ducati Halts Sales In Vietnam, Seeks New Distributor Amid Showroom Shortages

    Ducati Halts Sales In Vietnam, Seeks New Distributor Amid Showroom Shortages

    Ducati has temporarily paused its motorcycle sales in Vietnam and is on the hunt for a new distributor.

    According to sources close to the situation, customer requests for new products will be logged and subsequently transferred to the new distributor. However, the previous dealer, CT-Wearnes, has not imported any Ducati motorcycles since the start of the year, leaving the lone showroom in Ho Chi Minh City devoid of bikes for sale.

    Although the showroom lacks inventory, it continues to provide maintenance services for Ducati owners. Earlier this year, the Italian brand also shuttered its only northern showroom in Hanoi, citing disappointingly low performance as the reason.

    Established in Bologna, Italy, Ducati made its entry into the Vietnamese market in 2009, initially opening a showroom in the bustling District 1 of Ho Chi Minh City. CT-Wearnes became Ducati’s third distributor in Vietnam in August 2020, but the relationship has soured; the company also handled the distribution of Royal Enfield motorcycles until it withdrew from that deal in September 2024.

    Ducati’s positioning in Vietnam has typically placed it above Japanese competitors such as Honda and Yamaha, leading to premium pricing. The brand’s product lineup caters to diverse preferences, ranging from classic bikes to sport and adventure models. For those on a budget, the Scrambler, one of its more affordable offerings, retails for approximately VND380 million (US$14,500). Think of it as the Italian motorcycle equivalent of a fine espresso—rich, robust, and just a tad expensive!

    Questions & Answers

    What led to Ducati’s halt in sales in Vietnam?
    Ducati has temporarily stopped sales while it seeks a new distributor, as its prior distributor, CT-Wearnes, ceased imports at the start of the year.

    What services are still provided at the Ducati showroom in Vietnam?
    While the showroom in Ho Chi Minh City currently has no bikes for sale, it continues to offer maintenance services for existing Ducati models.

    How does Ducati’s pricing compare to Japanese brands in Vietnam?
    Ducati’s pricing typically positions it above Japanese competitors like Honda and Yamaha, reflecting its premium market strategy in Vietnam.

  • Honda Set to Rev Up Vietnam with the Exciting Launch of ADV 350 Scooter!

    Honda Set to Rev Up Vietnam with the Exciting Launch of ADV 350 Scooter!

    Honda is set to introduce its ADV 350 touring scooter in Vietnam, a model that enthusiasts previously had to source through private importers. Anticipation is building as shipments are scheduled to commence by the end of this quarter, with Honda dealers now accepting deposits for what promises to be a thrilling addition to the Vietnamese market.

    This new arrival boasts a 330cc engine and will be imported from Honda’s factory in Thailand, marking a significant step for the brand, as this adventure-style scooter will not be available in Japan.

    The Honda ADV 350. Photo by courtesy of Honda

    The smaller counterpart, the ADV 160, has already made its debut in Vietnam through private import channels, paving the way for its larger sibling.

    With a sturdy design that measures 2,200 millimeters in length and 1,430 millimeters in height, the Honda ADV 350 offers an impressive 11.7-liter fuel tank. Weighing in at 188 kilograms, it features a smart key system, LED headlights, and a five-inch TFT display. Riders can look forward to enhanced control thanks to its inverted front fork and single disc brakes equipped with anti-lock braking.

    Adding to its innovative features, the ADV 350 incorporates an adjustable front windscreen and a spacious 48-liter storage compartment, complete with a Type-C charging port for those who refuse to unplug from the modern world. Under the hood, this scooter is powered by a liquid-cooled, 330cc SOHC engine capable of delivering 28.8 horsepower and 31.8 Nm of torque. One can’t help but wonder if it’s the perfect companion for urban commutes or weekend escapes through the Vietnamese countryside!

    While the price remains a mystery for now, previous imported units have ranged from VND250-300 million (approximately US$9,500-11,000), hinting at a competitive position against the Yamaha XMax 300, which retails for VND140 million.

    Questions & Answers

    What distinguishes the Honda ADV 350 from the ADV 160?
    The Honda ADV 350 is a larger touring scooter with a 330cc engine, whereas the ADV 160 is a smaller variant that has already been available in Vietnam through private imports.

    How does the ADV 350 enhance rider experience?
    The ADV 350 features an adjustable windscreen, smart key system, LED headlights, and a TFT display, offering a blend of comfort and advanced technology for both urban commuting and adventure riding.

    What is the anticipated impact of the ADV 350 on the Vietnamese scooter market?
    With its robust design and premium features, the ADV 350 is expected to create stiff competition for models like the Yamaha XMax 300, potentially reshaping consumer preferences in the market.

  • VinFast Takes Charge: Covering Registration Fees for Electric Bikes in Hanoi!

    VinFast Takes Charge: Covering Registration Fees for Electric Bikes in Hanoi!

    As Hanoi gears up to ban gasoline-powered motorbikes from next July, Vingroup, Vietnam’s leading conglomerate, is stepping in with an enticing offer for those ready to embrace the electric future with VinFast bikes.

    According to a proposal submitted by the company to local authorities on Tuesday, all VinFast electric motorcycles purchased in the capital from July 24 to October 24 will have their registration fees fully subsidized. Currently, this fee amounts to approximately 5% of an electric motorbike’s price, a cost that many consumers will now find evaporated.

    Additionally, buyers in Hanoi can enjoy a 10% discount when opting to pay in installments over three years, starting with a 10% down payment, along with complimentary charging services until May 2027. This means incentives for a VND30 million (US$1,150) bike could reach as high as VND4.5 million. That’s a little more than what most people leave behind on a Saturday night out—just saying!

    Prime Minister Pham Minh Chinh’s directive on July 12 initiated significant changes, indicating that from July 1 next year, motorcycles and scooters powered by fossil fuels will be prohibited within Hanoi’s circular Ring Road 1, covering most of the downtown area. The rules will later extend to personal vehicles within Ring Roads 1 and 2 by early 2028, followed by Ring Road 3 in 2030.

    In alignment with this green initiative, Vingroup has further proposed incentives for VinFast electric cars. Collaborating with banks, the company plans to provide individual buyers loans at just 3% interest for the first three years. Commercial buyers can expect slightly higher rates of 4%.

    A 2022 study by the International Council on Clean Transportation revealed that two-wheeled vehicles fulfill nearly 73% of transportation needs for Hanoi residents. As the phased-out ban on gasoline-powered motorbikes rolls out, it’s anticipated that this will fundamentally transform the two-wheeler market and accelerate the switch to fully electric vehicles as residents reconsider their transport options.

    Questions & Answers

    What financial incentives is VinFast offering to customers in Hanoi?
    VinFast is subsidizing the registration fees of its electric bikes, which currently stand at about 5% of the vehicle price. Additionally, there’s a 10% discount for those paying in installments over three years and complimentary charging until May 2027.

    What new restrictions is Hanoi implementing regarding motorbikes?
    Starting July 1 next year, Hanoi will prohibit fossil fuel-powered motorcycles and scooters within the city’s circular Ring Road 1, with plans to expand these restrictions to personal cars by 2028 and to Ring Road 3 by 2030.

    How is Vingroup planning to support electric car buyers?
    Vingroup is teaming up with banks to offer loans at a competitive rate of 3% interest for individual buyers for the first three years, while commercial buyers will enjoy a rate of 4%.

  • Motorbike Sales Surge 6.4% in First Half of the Year: A Thriving Market Trend

    Motorbike Sales Surge 6.4% in First Half of the Year: A Thriving Market Trend


    In a promising start to 2025, members of the Vietnam Association of Motorcycle Manufacturers recorded a 6.4% year-on-year sales increase, totaling 1.28 million motorbikes sold in the first half of the year.

    Motorbike Sales Surge, But Faces Seasonal Hurdles

    Despite the optimistic overall growth, the landscape shifted in the second quarter, where sales dipped significantly by 9.2%, landing at 611,236 units. This drop contrasted with the brisk pace of 4.9 vehicles sold every minute in the first half, a slight uptick from 4.6 during the same timeframe last year.

    Industry Giants and Emerging Players in the Mix

    The sales figures were driven largely by industry stalwarts Honda, Yamaha, Piaggio, Suzuki, and SYM, who dominate the market. Notably, other manufacturers like VinFast, BMW Motorrad, Triumph, Kawasaki, and Harley-Davidson remain tight-lipped about their sales figures, leaving many wondering just how many bikes are purring on the roads. Meanwhile, VinFast, Vietnam’s own electric motorcycle producer, hit an impressive milestone with an estimated 71,000 units sold in the first half alone, matching its total output for all of 2024, according to a reliable source. The rest of the manufacturers are often considered peripheral players in this thriving market.

    Future Mobility Directions in Hanoi

    In a forward-thinking move, Hanoi’s government, under the directive of Prime Minister Pham Minh Chinh, has set ambitious targets to phase out fossil fuel-powered motorbikes by July 1, 2026. This initiative will extend further, with plans to ban personal petrol and diesel vehicles in specific urban areas by 2028 and again by 2030 for broader ring roads. This policy is anticipated to give a significant boost to electric vehicle sales, stimulating growth in a rapidly changing automotive landscape.

    Questions & Answers

    What was the total number of motorbike sales in Vietnam during the first half of 2025?
    Vietnam’s motorcycle manufacturers recorded sales of 1.28 million units in the first half of 2025, marking a 6.4% increase from the previous year.

    Which companies are leading the motorcycle market in Vietnam?
    The primary players in Vietnam’s motorcycle market include Honda, Yamaha, Piaggio, Suzuki, and SYM, who collectively make up the Vietnam Association of Motorcycle Manufacturers.

    What are Hanoi’s plans for electric vehicles?
    Hanoi aims to phase out fossil fuel motorbikes by July 1, 2026, with plans to restrict petrol and diesel cars further by the end of the decade, potentially increasing demand for electric vehicles.

  • Porsche Macan Review: A Testament to Zuffenhausen’s Enduring Legacy in Luxury SUVs

    Porsche Macan Review: A Testament to Zuffenhausen’s Enduring Legacy in Luxury SUVs

    Driving the Future: Porsche’s All-Electric Macan Takes Center Stage

    Porsche has long carved a niche for itself not through flamboyant stunts but by meticulously refining its craft. The new all-electric Macan is a testament to this philosophy, setting out to elevate the driving experience while adhering to the brand’s storied heritage.

    In an automotive landscape often overshadowed by bold designs and revolutionary technology, the Zuffenhausen-based manufacturer sticks to its roots. Instead of chasing after trends, it concentrates on the qualities that have earned the loyalty of its fans: flawless steering precision, exceptional cornering stability, and an exhilarating connection between driver and machine.

    A Poised Beast, Even at Rest

    Anyone familiar with Porsche understands that even when at a standstill, these cars emanate an electrifying energy — as if they’re coiled and ready to spring into action. The fully electric Macan represents an ambitious leap for the brand, aiming to distill the essence of a sports car into a battery-operated SUV. Far from being a mere experiment in silence, this model embodies Porsche’s commitment to providing a thrilling driving experience, proving that it’s not just about getting from point A to B.

    Confidence Redefined

    For electric vehicle enthusiasts, the figures behind the Macan are impressive: an impressive range of up to 641 kilometers, cutting-edge 800-volt technology, and a robust 100 kWh battery. But what truly sets the Macan apart becomes evident with the first turn of the wheel. Its uncompromising craftsmanship fills drivers with confidence; you can sense the precision in every detail. With steering so direct, each bend invites a rewarding challenge, while the body remains rigid and responsive, even during swift directional changes.

    Effortless Power at Your Fingertips

    The Macan feels remarkably nimble, even in its entry-level version. With a punchy output of up to 360 hp (Overboost) and 563 Nm of torque, this 2.2-ton SUV accelerates from 0 to 100 km/h in a commendable 5.7 seconds. Instead of a jarring burst, the power delivery feels smooth and measured, catering to driving enthusiasts. For those craving an extra dose of performance, Porsche offers higher-spec variants known as Macan 4, 4S, and Turbo.

    The Dance of Technology and Design

    The Macan doesn’t just perform; it captivates visually with its design choices that honor Porsche’s legacy. Sporting a sleek front hood, pronounced fenders, and elegant frameless doors, it commands attention without being ostentatious. Even with its striking 22-inch wheels, the SUV maintains a lean profile that remains unmistakably Porsche, capturing the essence of style and aerodynamics with a drag coefficient of 0.25.

    A Cutting-Edge Cockpit Awaits

    Stepping inside the Macan reveals a glimpse into the future, featuring a 12.6-inch curved display for the driver and a 10.9-inch screen for the passenger, complemented by a head-up display with augmented reality. Porsche ensures that despite the digital advancements, the cabin retains an intuitive layout; everything operates seamlessly from the get-go—forget the frustrating fumbling of wireless connections many drivers have encountered elsewhere.

    Charging: Fast and Efficient

    The Macan boasts an impressive 800-volt structure, allowing charging speeds of up to 270 kW. This technological marvel translates into charging from 10 to 80 percent in a mere 21 minutes. If that doesn’t sound like a pit stop: quick pause, rapid recharge, and back on the track—then what is? The craftsmanship of Porsche’s engineers ensures that electric mobility is delivered with the excellence the brand is known for.

    In summary, Porsche has successfully extended its reputation into electric mobility with the Macan, combining sportiness, practicality, and efficiency into a striking automotive experience—all at a relatively accessible entry point.

    Questions & Answers

    What are the standout features of the Porsche Macan?
    The Macan features impressive specifications including up to 641 kilometers of range, a powerful 100 kWh battery, and advanced 800-volt technology for fast charging capabilities.

    How does the Macan compare with traditional Porsche sportscars?
    While the Macan embraces its SUV form, it incorporates traditional Porsche qualities such as precise steering feedback and robust acceleration, ensuring it is still a driver’s car at heart.

    What is the expected range of the Macan on a single charge?
    The Macan is projected to provide a range of up to 641 kilometers, with real-world tests achieving around 540 kilometers comfortably under normal driving conditions.

  • Mercedes-Benz India Achieves Record Quarterly Sales Driven by Unprecedented Demand

    Mercedes-Benz India Achieves Record Quarterly Sales Driven by Unprecedented Demand

    Mercedes-Benz has announced a landmark achievement in India, reporting a surge in first-quarter sales that has reached an unprecedented 4,238 units, a 10% increase from the previous year. This noteworthy growth is largely fueled by a robust demand for its luxury and electric vehicle offerings, reflecting a significant shift in consumer behavior in one of the world’s fastest-growing automotive markets.

    The demand for luxury vehicles in India, which ranks as the third-largest car market globally, has been on the rise, particularly among younger consumers who are embracing the allure of high-end vehicles. This emerging demographic has found itself drawn to luxury as India continues to experience rapid economic growth.

    Currently, luxury cars comprise just over 1% of India’s annual market of 4 million vehicles, but that percentage is on the rise, with more aspirational buyers stepping into showrooms.

    “Our sharp focus on bolstering the top-end luxury segment has been pivotal in shaping customer preferences,” said Santosh Iyer, CEO of Mercedes-Benz India. The company has successfully tapped into this growing appetite with its flagship models.

    Sales of high-end models, including the emblematic S-Class and the opulent Mercedes-Maybach lineup, soared by 20% in the April to June period. Meanwhile, electric vehicle sales skyrocketed more than twofold, now accounting for 8% of Mercedes-Benz India’s overall sales—a dazzling illustration of Indian consumers’ shifting preferences towards eco-friendly luxury.

    The core segment, which encompasses the popular C- and E-Class sedans along with the GLC and GLE SUVs, also saw a healthy growth of 10% in the quarter, solidifying its importance as it represents 60% of the firm’s total sales in India.

    In the competitive realm of luxury vehicles in India, Mercedes-Benz holds the lead, with BMW and Tata Motors-owned Jaguar Land Rover hot on its heels. The company’s manufacturing operations, including the assembly of several key models and EVs, take place at their facility in Chakan, Maharashtra, further solidifying its commitment to the Indian market.

    Questions & Answers

    What factors contributed to Mercedes-Benz’s record sales in India?
    The company’s focus on high-end luxury models and a growing interest in electric vehicles among consumers significantly boosted its sales, leading to a 10% increase in the first quarter.

    How does Mercedes-Benz’s sales performance compare to the overall luxury car market in India?
    While luxury car sales make up just over 1% of India’s total vehicle market, Mercedes-Benz has established itself as a leader in luxury vehicle sales, outpacing competitors like BMW and Jaguar Land Rover.

    What specific models have driven sales growth for Mercedes-Benz in this period?
    The S-Class and Mercedes-Maybach portfolios saw a remarkable 20% increase in sales, alongside a significant jump in electric vehicle sales, which rose by more than two-fold.

  • Auto Producers Set to Benefit from New Favorable Import Tariff Policies

    Auto Producers Set to Benefit from New Favorable Import Tariff Policies

    A new decree taking effect on July 8 has introduced changes to the minimum production volume requirements for automotive companies looking to enjoy preferential import tariffs on components. This policy aims to bolster the capabilities of domestic vehicle manufacturers and assemblers, especially those investing in eco-friendly models.

    The decree modifies prior regulations, allowing manufacturers of petrol or diesel vehicles that also produce electric cars, fuel cell vehicles, hybrids, and vehicles powered by biofuels or natural gas to have their environmentally friendly vehicle outputs factored into both overall and model-specific production calculations. This combined output will play a crucial role in determining eligibility for preferential import tariffs related to petrol and diesel categories.

    Streamlining Production to Boost Eco-Friendly Vehicles

    In a notable provision, companies holding more than 35% of the charter capital in affiliated automotive firms, recognized by the Ministry of Industry and Trade, can consolidate the production figures from these associated entities. This collective output will be counted toward satisfying the minimum production volume needed for the preferential tariff program. The parent company carries the responsibility of verifying total eligible production and ownership percentages throughout the assessment period.

    Customs authorities at the local level will handle tax refunds based on the number of vehicles fabricated and assembled during the eligibility timeframe. However, firms making inaccurate declarations risk facing tax recovery actions and penalties as specified in tax regulations.

    Shifting Tax Structures for a Competitive Edge

    Accompanying this decree is an increase in export and preferential import taxes for certain commodities. Notably, yellow phosphorus will see a steep rise in export duties, launching from a current rate of 5% to 10% starting January 1, 2026, and further increasing to 15% by January 1, 2027. This vital input material, instrumental in sectors from fertilizer production to high-tech applications like semiconductors and lithium-ion batteries, is critical for Vietnam’s strategic industries.

    The updated tariff policies reflect a concerted effort to protect national resources, minimize environmental impacts, and support the development of industries focused on chip production, electric vehicle battery manufacturing, and advanced industrial chemicals.

    Meanwhile, the import duty on tin-mill blackplate—used in tin-coating—will remain at 0% until August 31, 2025, when it will jump to 7%. Additionally, a new 2% import duty has been enacted for various polyethylene categories, which previously enjoyed a 0% rate.

    In short, these regulatory adjustments represent a balancing act, aiming to propel domestic automotive growth while safeguarding environmental concerns—a move that highlights the complexity and dynamism of the industry.

    Questions & Answers

    What new incentives does the decree provide for manufacturers of environmentally friendly vehicles?
    The decree allows manufacturers of petrol and diesel vehicles that also produce eco-friendly models—like electric and hybrid vehicles—to combine their production outputs when calculating eligibility for preferential import tariffs.

    How will the changes affect tax rates for yellow phosphorus?
    Starting January 1, 2026, the export duty on yellow phosphorus will increase from 5% to 10% and then to 15% in 2027, reflecting the government’s intent to manage key resources while boosting industries reliant on this critical material.

    What changes have been made regarding import duties on polyethylene products?
    Several polyethylene categories, which had a 0% import duty, are now subject to a new 2% import duty, showcasing an immediate shift in the cost structure for these materials.

  • Ferrari Unveils Ambitious Plans for Next Showstopper Model in Exciting New Era!

    Ferrari Unveils Ambitious Plans for Next Showstopper Model in Exciting New Era!

    New Model: Ferrari’s Enchanting Amalfi Steals the Spotlight

    Ferrari’s latest masterpiece, the Amalfi, made its debut in an extraordinary unveiling in Maranello, where an air of palpable excitement filled the room. With journalists present under strict embargo, the event showcased a car designed not just for speed, but to captivate the senses. And for those longing for a touch of nostalgia, the Amalfi brings back the iconic start button—much to the relief of fans who missed it in the Roma.

    The Amalfi, a front-mid-mounted V8 coupé, aims to enchant rather than overwhelm. With a formidable 640 horsepower and a top speed of 320 km/h, it’s the kind of car that impresses with its capability, yet remains inviting for those seeking a less aggressive take on Ferrari’s renowned automotive artistry.

    Learning from Success: A Shift in Ferrari’s Strategy

    Ferrari’s approach has already demonstrated success with its Roma model. Launched in 2019 and available since 2020, the Roma has effectively attracted a new clientele with its blend of elegance and modernity. The Swiss market offers a telling illustration of this trend, where the Roma has surpassed the more provocative F8 in popularity, with a total of 413 registrations since its introduction.

    Interestingly, the Roma appeals particularly to those drawn to a more lifestyle-oriented Ferrari. Swiss registration statistics show that while the 812 remains a powerhouse with 482 registrations, the more understated Roma has proven that demand exists for a Ferrari that prioritizes beauty and daily usability over sheer performance. It’s like finding that perfect balance between a coffee shop ambiance and high-octane racing fuel—who knew elegance could fuel such fervor?

    The Amalfi: Designed to Delight

    Starting at approximately 240,000 euros, the Amalfi positions itself competitively against models like the Porsche 911 Carrera GTS and Aston Martin DB12. Its pricing, combined with elegant design and friendly demeanor, may entice first-time buyers who may be ready to say “yes” to Ferrari. Remarkably, around half of the clientele for these new models consists of individuals new to the brand.

    Equipped with innovative features such as a brake-by-wire system and an active rear wing that generates up to 110 kg of downforce at high speeds, the technical prowess of the Amalfi is impressive. However, its true allure lies within, where Ferrari has opted to reintegrate beloved physical controls—like the start button—into the driving experience.

    The Human Touch in a Digital Age

    This shift aims to cater to those who crave a tangible connection with their vehicles. Ferrari’s marketing chief, Enrico Galliera, noted during the unveiling, “It’s an admission that drivers are human—and humans love to feel.” The car’s interior not only reflects this philosophy but also retains the Roma’s minimalist elegance while adding a sharper, sculptural look. A redesigned center tunnel enhances a sense of space, complemented by three main displays, including a striking 10.25-inch central screen for modern convenience.

    For those who desire an indulgent experience, amenities like ventilated massage seats and a premium Burmester audio system promise to transform every drive into a memorable journey—whether coasting along the coastal roads of Italy or tackling the dynamic bends of Alpine passes.

    The Amalfi’s name is inspired by Italy’s iconic coastal region, symbolizing what Ferrari hopes to convey: an open invitation to experience “La Dolce Vita” on four wheels. It’s an enticing call to immerse oneself in the exceptional world of Ferrari.

    Questions & Answers

    What is the main appeal of the Ferrari Amalfi?
    The Amalfi is designed to enchant rather than overwhelm, featuring a blend of beauty, functionality, and authentic Ferrari performance that prioritizes everyday usability.

    How has the Roma influenced Ferrari’s market strategy?
    The Roma has successfully attracted a new customer base with its contemporary design, proving that there’s a significant demand for Ferraris that emphasize elegance over raw aggression.

    What notable features does the Amalfi bring back?
    The Amalfi reintroduces the beloved physical start button, reflecting Ferrari’s commitment to providing a tactile and engaging driving experience in a digital age.

  • Harley-Davidson Faces $1.4M Fine in Japan for Unfair Dealer Quotas – What This Means for Retailers

    Harley-Davidson Faces $1.4M Fine in Japan for Unfair Dealer Quotas – What This Means for Retailers


    Japan’s antitrust authority is set to impose a significant penalty on Harley-Davidson’s local subsidiary, amounting to JPY200 million (approximately US$1.38 million), for placing unreasonable sales quotas on its dealers.

    The Japan Fair Trade Commission (JFTC) is expected to accompany the fine with a cease-and-desist order aimed at curtailing any future violations. Sources close to the matter indicated that Harley-Davidson has already been informed of the commission’s plans and that their official decision will follow the company’s forthcoming response, as reported by Nikkei.

    According to these sources, Harley-Davidson has been accused of imposing unrealistic sales targets on numerous dealers, terms that could not be met through typical sales efforts. In a move resembling a scene from a high-stakes game of poker, the company reportedly warned dealers that failure to hit these lofty goals could result in the termination of their dealership agreements.

    This contentious practice has allegedly been in place since at least January 2023, if not earlier. Many dealers felt trapped in a bind, forced to purchase motorcycles themselves and subsequently sell them as “registered but unused vehicles,” which are typically resold at lower prices than brand new models.

    Having invested in store renovations and other startup costs to sell these motorcycles, dealers found themselves with little choice but to comply with Harley-Davidson’s demands.

    Under Japan’s antimonopoly law, the abuse of a superior bargaining position to enforce unfair business terms is strictly prohibited. If the JFTC confirms a violation, it can both issue a cease-and-desist order and impose a surcharge of 1% on sales linked to such illicit practices.

    Harley-Davidson, established in 1903 and renowned for its heavyweight motorcycles, sold 151,200 units globally last year, marking a 7% decline compared to 2023 — the second consecutive year of falling sales figures.

    Questions & Answers

    What led to Harley-Davidson being fined in Japan?
    The JFTC found that the motorcycle giant imposed unreasonable sales quotas on its dealers, coupled with threats of contract termination if these targets were not met.

    How has this fine affected Harley-Davidson’s reputation in Japan?
    This incident may tarnish Harley-Davidson’s reputation as a reputable manufacturer, raising serious concerns about its business practices and dealer relationships in the region.

    What measures can dealers take in light of this situation?
    Dealers facing similar pressures may seek legal assistance or report unfair practices to the JFTC, utilizing antimonopoly laws to protect their interests.

  • Volvo XC40 Electric Teased Ahead Of Reveal

    Volvo XC40 Electric Teased Ahead Of Reveal

    Volvo is all set to reveal the all-electric XC40 on October 16, 2019. This will be the company’s first fully electric car and the company has teased the car ahead of its official reveal. But this time around the company gives us a glimpse into what the car will look like. For the first time in the company’s history, there’ll be a car that will move without petrol or diesel engine in the engine bay and have a battery in the floor, which will, of course, change the car’s dynamics.

    As you can see in the images, the car will no longer need tailpipes or a large grille for cooling purposes, while the removal of an internal combustion engine creates extra room for even more storage space under the front hood and that’s exactly what the company is providing.

    Robin Page, head of design at Volvo Cars said, “The roots of Scandinavian design are based on visual clarity and the reduction of element. The XC40 is a great example of this. Without the need for a grille we have created an even cleaner and more modern face, while the lack of tailpipes does the same at the rear. This is

    The front grille is covered in body colour and creates a distinct visual identity at the front of the car, made possible by the fact that an electric car needs less air flow for cooling purposes. The grille also neatly packages the sensors for the new Advanced Driver Assistance Systems (ADAS) sensor platform. The Volvo XC40 electric will be available in eight exterior colours, including a brand new Sage Green metallic option, while a contrasting black roof comes as standard. The XC40 electric will come with new 19 and 20-inch wheel options.

    Inside, the Volvo XC40 electric gets a brand new driver interface specifically designed for electric cars keeps drivers up to date on relevant information such as battery status, while the interior design package features sporty styling details as well as carpets made of recycled materials.

    The electric SUV is based on Volvo’s Compact Modular Architecture (CMA), which was designed from the outset with electrification in mind, the battery pack is integrated into the floor of the car without affecting interior space. There’s more functional storage space in the doors and under the seats, a fold-out hook for small bags and a removable waste bin in the tunnel console.

    The Volvo XC40 electric provides around 30 litres of extra load space because an electric motor takes less space

    Unique to the electric XC40, a special front load compartment (or ‘frunk’) located under the front hood provides around 30 litres of extra load space because an electric motor takes less space than a combustion engine. Volvo Cars will reveal more details about the fully electric XC40 in the coming weeks, before it will be first shown to the public on October 16.

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  • Tesla Surmounts Supply Chain Woes With Blockbuster Q4 Deliveries

    Tesla Surmounts Supply Chain Woes With Blockbuster Q4 Deliveries

    Tesla Inc on Sunday reported record quarterly deliveries that far exceeded Wall Street estimates, riding out global chip shortages as it ramped up China production.

    It was the sixth consecutive quarter that the world’s most valuable automaker posted record deliveries. Tesla, led by billionaire CEO Elon Musk, delivered 308,600 vehicles in the fourth quarter, far higher than analysts’ forecasts of 263,026 vehicles. Tesla’s October-December deliveries were up about 70% from a year earlier and nearly 30% higher from record deliveries the preceding quarter.

    “Great work by Tesla team worldwide!” Musk wrote on Twitter.

    His electric car company ramped up production in China even though competition rose and regulatory pressure mounted following consumer complaints over product safety. On an annual basis, the automaker boosted its deliveries by 87% from a year earlier to 936,172 vehicles in 2021. Tesla ships China-made models to Europe and some Asian countries.

    On an annual basis, the automaker boosted its deliveries by 87% from a year earlier to 936,172 vehicles in 2021.

    Musk said in October last year that Tesla will be able to maintain an annual growth rate of more than 50% for “quite a while.”

    “They have beaten all the odds,” Gene Munster, managing partner at venture capital firm Loup Ventures, said on Sunday.

    “The first is the demand for their products is through the roof. And the second is they’re doing a great job of meeting that demand,” he said.

    Munster said he expected Tesla’s deliveries to grow to 1.3 million vehicles this year despite headwinds in production at its new factories and supply chain problems.

    Tesla Chief Financial Officer Zachary Kirkhorn said in October that it was difficult to predict how quickly the company will be able to boost production at new factories in Texas and Berlin, which will use new vehicle technologies and new teams.

    Tesla said in October that it aimed to build its first production cars at both facilities by the end of 2021, but it is not known whether it met that target. Tesla did not respond to a question from Reuters about the plants. Its Berlin factory had initially been scheduled to begin production last summer.

    Deutsche Bank said in a report on Friday that it expected Tesla to make nearly 1.5 million vehicle deliveries this year, although chip shortages remain a risk to production.

    In 2020, automakers cut chip orders as the pandemic and lockdown measures hit demand. But Tesla never reduced its production forecast with suppliers to support its rapid growth plan, which helped it weather the chip shortage, Musk has said.

    Tesla, which designs some chips in-house unlike most automakers, also reprogrammed software to use less scarce chips, according to Musk.

    Musk, who previously said, “2021 has been the year of super crazy supply chain shortages,” said in October that he was optimistic that those issues would pass in 2022.

    The strong sales came even after Tesla hiked U.S. vehicle prices sharply this year to offset higher supply chain costs.

    Tesla hit over $1 trillion in market capitalization in October after rental car company Hertz said it ordered 100,000 of its vehicles. The company’s shares lost some ground after Musk wrote on Twitter in November that he was considering selling 10% of his stake in Tesla.

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