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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.

  • Ford Issues Recall of 21,100 Vehicles in Vietnam Due to Screen Malfunction Issues

    Ford Issues Recall of 21,100 Vehicles in Vietnam Due to Screen Malfunction Issues

    American automaker Ford is initiating a recall of more than 21,100 vehicles in Vietnam due to issues with infotainment screens that unexpectedly crash while displaying images from the rearview camera.

    Screen Failures Raise Safety Concerns

    This particular glitch has been identified in certain models of the Ranger, Ranger Raptor, and Everest, where the screen intermittently freezes and restarts during reverse operation, heightening the risk of accidents, according to Ford Vietnam. Notably, this issue affects both domestically assembled vehicles and those imported into the market.

    A Breakdown of the Recall

    The recall encompasses 11,002 Ranger vehicles manufactured between August 2022 and April 2024, alongside 7,947 Everests produced between December 2021 and April 2024 and 2,179 Raptors made between April 2022 and May 2024. Interestingly, the latter two models were built at Ford’s facility in Thailand before being shipped to Vietnam.

    Commitment to Customer Safety

    Ford has assured customers that authorized dealerships will conduct the necessary repairs at no cost. This proactive approach is aimed at restoring consumer confidence, although it’s worth noting that this isn’t Ford’s first major recall related to display failures in Vietnam. Just a few months earlier, in May, the company recalled nearly 1,000 Explorer SUVs due to problems with their rearview and 360-degree camera displays. Those vehicles were produced in the U.S. between January 2019 and July 2023 and had also been imported into Vietnam.

    As Ford navigates these technical hiccups, drivers are reminded of the importance of vehicle safety and the potential pitfalls of modern technology—proof that sometimes, screens aren’t so smart after all.

    Questions & Answers

    What models are affected by the Ford recall in Vietnam?
    The recall involves the Ranger, Ranger Raptor, and Everest models, totaling over 21,100 vehicles.

    What specific issue are these vehicles experiencing?
    They suffer from infotainment screen malfunctions, freezing and restarting while reversing, increasing the risk of collisions.

    Will the repairs for the recall be free of charge?
    Yes, Ford has stated that all necessary repairs will be conducted free of charge by authorized dealerships.

  • Premium Automobiles Faces $9,400 Fine Following Audi Service Center Explosion in Singapore

    Premium Automobiles Faces $9,400 Fine Following Audi Service Center Explosion in Singapore

    Singapore’s car retailer Premium Automobiles has been issued a fine of SGD12,000 (approximately US$9,400) following a significant explosion at its Audi service center, which left a gaping hole in a wall and prompted the evacuation of around 100 people.

    On September 10, Premium Automobiles admitted guilt for failing to promptly cease the operation of a malfunctioning lift that posed serious safety risks, as reported by The Straits Times.

    The incident occurred on March 7, 2023, at the company’s service center located at 55 Ubi Road 1. An investigation into the explosion revealed that a waste oil tank, installed in 2002, was located in the lift’s machine room, a decision that would ultimately prove catastrophic.

    Despite hiring a contractor to perform monthly maintenance on the lift, Premium Automobiles did not inform them about the presence of the waste oil tank. This oversight proved to be a costly mistake when arcing from the lift’s control panel ignited flammable vapors that had built up in the confined space, leading to the explosion.

    In court, a representative from Premium Automobiles requested leniency, underscoring that this was the first legal issue the company has faced since its establishment in 1999. “We believed we were ill-informed regarding the need for approval for the waste oil tank,” the representative stated, adding, “We accept full responsibility for this incident and are committed to improving our safety protocols moving forward.”

    While some might think an explosion at a car service center feels like a plot twist in a blockbuster film, for Premium Automobiles, it’s a sobering reality check that safety cannot be an afterthought.

    Questions & Answers

    What caused the explosion at Premium Automobiles’ Audi service center?
    The explosion was triggered by arcing in the relay switch of the lift’s control panel, which ignited flammable vapors from a waste oil tank that had been improperly installed in the lift’s machine room.

    How did Premium Automobiles respond to the incident?
    Premium Automobiles accepted full responsibility for the explosion, acknowledging their oversight in not informing their maintenance contractor about the presence of the waste oil tank.

    What penalties did the company face after the incident?
    The company was fined SGD12,000 (US$9,400) as a result of the explosion, marking the first legal trouble they have encountered since their founding in 1999.

  • VinFast Electrifies Market with Nearly 11,000 EVs Sold in August!

    VinFast Electrifies Market with Nearly 11,000 EVs Sold in August!

    VinFast reports that its sales figures have held steady at approximately 11,000 units monthly, positioning the Vietnamese electric vehicle manufacturer far ahead of its competitors. The company shared these insights on Friday, revealing a robust performance across its diverse lineup.

    The VF 5 Shines in the Sales Arena

    Leading the charge is the VF 5, which sold 2,745 units in August, bringing its year-to-date total to an impressive 27,109. This model, often seen as a yardstick of consumer enthusiasm, underlines VinFast’s stronghold in the A-SUV segment. Meanwhile, the Herio Green variant tailored for transport service providers also made significant strides, with 2,395 vehicles delivered, further cementing the company’s market dominance.

    VF 3: The “National Car” Star

    In a close competition, the VF 3 followed up with 2,481 units sold last month. This vehicle has captured the hearts of consumers, becoming Vietnam’s best-selling model of the year with a staggering total of 28,704 cars delivered since January. Its affordability, striking aesthetics, and universal appeal have rightfully earned it the affectionate title of the “national car.”

    Appeal of the VF 6 and the Rise of the VF 7

    Not to be overlooked, the VF 6 also showcased strong performance, recording sales of 2,038 units last month and a total of 12,492 for the year. This model has garnered acclaim for its durability and advanced technology, making it particularly attractive to younger buyers in the B-SUV segment. In the C-SUV category, the VF 7 is turning heads with its stylish design, achieving 718 units sold in August and accumulating 5,099 so far this year.

    Diverse Model Range Fuels Growth

    VinFast’s August success also stretched beyond its flagship models, with other offerings like the VF 8, VF 9, Nerio Green, and Limo Green contributing to sales figures. A noteworthy moment came on August 5, with the first deliveries of the Limo Green, marking the company’s strategic entry into the seven-seat MPV market, promising greater versatility for both families and service operators.

    Looking Ahead: Promising Growth on the Horizon

    Duong Thi Thu Trang, VinFast’s deputy CEO of global sales, remains optimistic, predicting a surge in sales during the peak season later this year. The anticipated growth will be bolstered by a combination of new models and the established appeal of existing offerings. Currently, VinFast leads in Vietnam’s electric vehicle landscape, boasting the most expansive portfolio that includes everything from mini-SUVs to E-SUVs and MPVs. Plans are already underway to introduce new models, including the Minio Green for transport businesses, the small cargo EC Van, and compact electric buses aimed at public transport.

    Questions & Answers

    What factors are driving VinFast’s strong sales performance?
    VinFast’s diverse product lineup, which includes the popular VF 3 and VF 5 models, alongside strategic entry into various market segments such as the MPV category, has significantly boosted its sales figures.

    How has VinFast’s approach to the electric vehicle market set it apart in Vietnam?
    The company offers the broadest range of pure electric vehicles in Vietnam, catering to different consumer needs with models spanning from mini-SUVs to larger MPVs, making it a versatile player in the growing EV sector.

    What future developments can we expect from VinFast?
    VinFast is planning to expand its lineup with new models such as the Minio Green for transport services, the EC Van for cargo, and electric buses for public transportation, which will further enhance their presence in the EV market.

  • German Automotive Giants BMW, Mercedes, and VW Transform for a New Era of Innovation

    German Automotive Giants BMW, Mercedes, and VW Transform for a New Era of Innovation

    Under mounting pressure from Washington and Beijing, German automotive stalwarts BMW, Mercedes-Benz, and Volkswagen are stepping back into the limelight at IAA Mobility in Munich. With billions poured into new electric models and a refreshed global strategy, these industry titans aim to reaffirm their critical role in shaping the future of mobility.

    At the IAA Mobility, the local heavyweights take center stage, as BMW, Mercedes-Benz, and Volkswagen look to reclaim their spotlight amid fierce competition from a growing influx of Chinese brands. With 14 Chinese manufacturers showcasing their innovations, nearly half of all exhibitors hail from the East, challenging traditional automotive powerhouses in new ways.

    Reclaiming Ground on Home Turf

    The three German carmakers are leveraging the event to unveil their latest fully electric models, signaling their intent to keep Chinese competitors in check while also eyeing expansion into the U.S. market, despite the challenges of the ongoing trade war initiated by former President Donald Trump.

    The German automotive sector has faced tumultuous years marked by restructurings, job cuts, and strategic overhauls. The rise of Chinese manufacturers has intensified competition, compelling the industry to innovate rapidly. Initially burdened by hefty U.S. tariffs of 27.5 percent, later reduced to 15 percent but still looming, the industry has pivoted decisively toward electric drivetrains, software, and artificial intelligence.

    Volkswagen’s CEO, Oliver Blume, declared, “We are going on the offensive,” while Mercedes-Benz’s Ola Källenius portrayed a “wind of optimism” enveloping an industry that is investing like never before to face a rapidly changing landscape.

    French Motors Make a Splash

    Renault is also making its presence felt in Munich, showcasing its successful electric models such as the R5, Megane, and Scenic, while premiering the sixth generation of its renowned Clio. Celebrated for over three decades, the Clio now boasts over 33 percent recycled materials, a 160 hp hybrid drive, and upgraded connectivity features.

    The Chinese Challenge Intensifies

    Yet, the road ahead won’t be easy. Chinese brands have doubled their foothold in the European market over the past year, skyrocketing from 2.9 percent to 5.9 percent. Stella Li, vice president of BYD, the world’s largest seller of electrified vehicles, asserted, “BYD is here to stay.” In Munich, they are showcasing the innovative Seal 6 DM-i Touring plug-in hybrid, crafted in Hungary, along with cutting-edge charging technology that can provide 400 kilometers of range in just five minutes — talk about quick pit stops!

    Other hopefuls like Leapmotor are targeting younger buyers with stylish compact models, while Xpeng announces ambitions to enter 60 countries by the end of 2025, kicking off with Switzerland this month and launching a new AI-driven P7 sedan development center in Munich.

    BMW has unveiled its Neue Klasse iX3 SUV, boasting an impressive range of up to 800 kilometers and adding 369 kilometers in just ten minutes of charging—an homage to design aesthetics from the 1960s. Mercedes focuses on the electric GLC, featuring a 713-kilometer range alongside an illuminated Maybach-style grille. Meanwhile, Volkswagen is reviving its roots with the iD.Polo, expected to launch in 2026 at a price under 25,000 euros, including a sporty GTI variant.

    Volkswagen faces a dilemma, grappling with losses in China and significant expenses stemming from U.S. tariffs, which are especially affecting Audi and Porsche. Audi recently fell out of Germany’s leading DAX index, following a stock decline exceeding 45 percent since its IPO due to weak Taycan sales in the Chinese market and high costs associated with in-house EV development. Blume’s dual role as CEO of both Porsche and Volkswagen adds to the complexity.

    Amid these struggles, Volkswagen has over 5,000 employees at its Tennessee plant and is eyeing further investment, contingent upon positive signals from the U.S. market, though specifics remain under wraps.

    Questions & Answers

    What challenges are German automakers currently facing in the market?
    German automakers are contending with increased competition from Chinese manufacturers, significant losses in the Chinese market, and the financial burdens of U.S. tariffs that have weighed heavily on companies like Audi and Porsche.

    What new electric models are being introduced by the German carmakers at IAA Mobility?
    BMW premiered its Neue Klasse iX3 SUV with a range of up to 800 kilometers, Mercedes showed off the all-electric GLC with a 713-kilometer range, and Volkswagen is set to reintroduce the iD.Polo, a sporty model priced under 25,000 euros.

    How have Chinese automotive brands impacted the European market?
    Chinese brands have significantly increased their market share in Europe, doubling from 2.9 percent to 5.9 percent in just one year, showcasing a strong commitment to becoming key players in the region with innovative electric vehicles.

  • Audi Slashes Prices Across Range In India Following Gst 2.0 Implementation

    Audi Slashes Prices Across Range In India Following Gst 2.0 Implementation

    In response to the newly implemented Goods and Services Tax (GST) 2.0 regime, Audi India has released an updated price listing for its various models. The reductions, varying from Rs 2.6 lakh to a substantial Rs 7.8 lakh depending on the model, intend to make Audi’s luxury cars and SUVs more affordable. As a result, they hope to stimulate customer demand just in time for the upcoming holiday season. For the precise cost of their chosen model, customers are encouraged to visit their local Audi dealership or the official website.

    Audi Q3, Q5, and Q7: More Affordable Than Ever

    There have been notable price drops across the Audi range. The Audi Q3, originally on the market at a starting price of Rs 46,14,000 (ex-showroom), now has a new starting price of Rs 4,307,000 (ex-showroom). The Audi Q5 has also seen a significant decrease in price, with a reduction of up to Rs 4.55 lakh. This adjustment lowers the starting price to Rs 63.75 lakh (ex-showroom), a significant discount from the previous Rs 68.30 lakh (ex-showroom).

    Even Audi’s Q7 model has become more affordable, thanks to the new pricing. The earlier price tag of Rs 92.29 lakh (ex-showroom) is now reduced to a more wallet-friendly Rs 86.14 lakh (ex-showroom). Furthermore, the Audi Q8, the brand’s flagship SUV, has also been reduced by up to Rs 7.83 lakh. This cuts the previous price from Rs 1,17,49,000 (ex-showroom) to its current starting price of Rs 1,09,66,000 (ex-showroom).

    Discounts for Audi A4 and A6 Models

    The price changes also affect the Audi A4 and A6 models. These popular vehicles have received price reductions of up to Rs 2.64 lakh and Rs 3.64 lakh, respectively. The adjusted starting price for the Audi A4 is now at Rs 46,25,000, while the A6 starts from Rs 63.74 lakh (ex-showroom).

    Questions & Answers

    What are the new starting prices for the Audi Q3 and Q5?
    The Audi Q3 now has a starting price of Rs 4,307,000 (ex-showroom), while the Audi Q5 starts at Rs 63.75 lakh (ex-showroom).

    How much has the price been reduced for the Audi A4 and A6?
    The Audi A4 and A6 have seen price reductions of up to Rs 2.64 lakh and Rs 3.64 lakh respectively.

    What impact is the GST 2.0 regime expected to have on Audi sales?
    With price reductions across Audi’s range of models, the company anticipates these changes will drive customer demand, particularly ahead of the festive season.

  • Fuyao Glass Amplifies Asia’s Retail Horizon With $600m Vietnam Factory Expansion

    Fuyao Glass Amplifies Asia’s Retail Horizon With $600m Vietnam Factory Expansion

    In a significant move reflecting the evolving landscape of Asia’s retail sector, Fuyao Glass Industry Group is set to expand its footprint by opening a second glass factory in Vietnam. This new facility, which represents a monumental investment of approximately $600 million, is poised to enhance the company’s capacity to serve the growing demand for automotive glass in the region.

    Shifting the Gears of Growth

    Currently operating a factory in the north of Vietnam, Fuyao’s new location in the south is strategically aimed at tapping into the bustling automotive manufacturing hub centered around Ho Chi Minh City. With a target commencement date set for 2025, this expansion is expected to create around 2,700 new jobs, cementing Fuyao’s role as a key player in both the local economy and the broader automotive supply chain.

    A Competitive Edge in Automotive Glass

    Established in 1987 and boasting a market capitalization exceeding $16 billion, Fuyao Glass has worked tirelessly to innovate and elevate industry standards. The company has amassed a diverse clientele, supplying glass to renowned automakers such as Volkswagen and BMW. With its new facility, Fuyao aims to not only amplify production capabilities but also enhance its competitive edge in a market that’s increasingly leaning toward sustainability and innovation.

    Building a Sustainable Future

    The factory’s design and operational plans underscore a commitment to sustainability, integrating energy-efficient technologies and practices. It’s a sign that in today’s retail environment, making green choices isn’t just commendable; it’s becoming essential. As Fuyao steps into this new chapter, it couples economic growth with its pledge to lower environmental impact — a narrative increasingly resonant among modern consumers.

    The Local Impact: A Win-Win Situation

    The benefits of this investment won’t be limited to Fuyao alone. This expansion is anticipated to stimulate the local economy, attracting supporting industries and boosting ancillary services in logistics and supply chains. Quite frankly, for a country like Vietnam, which is quickly becoming a regional manufacturing hub, projects like these could be the proverbial cherry on top of an already thriving cake!

    Paving the Way for Future Innovations

    As Fuyao Glass sets its sights on this ambitious project, the company positions itself at the forefront of an exciting period for the automotive glass industry in Asia. With technology and consumer preferences constantly shifting, Fuyao is proving that strong investments in innovation and infrastructure can lead to transformative impacts — both within its corporate walls and across the communities it touches.

    Questions & Answers

    What prompted Fuyao Glass to expand its operations in Vietnam?
    Fuyao Glass is responding to the increasing demand for automotive glass in the region, capitalizing on Vietnam’s growth as an automotive manufacturing hub.

    How many jobs will the new factory create?
    The new facility in southern Vietnam is expected to create approximately 2,700 jobs, significantly contributing to local employment.

    What is Fuyao’s stance on sustainability regarding its new factory?
    The company is committed to sustainability, integrating energy-efficient technologies and practices into the factory’s design and operations to minimize environmental impact.

  • Porsche Unveils Exciting Exhibition Store at Changi Airport: A New Retail Experience Awaits!

    Porsche Unveils Exciting Exhibition Store at Changi Airport: A New Retail Experience Awaits!

    Porsche is making a bold statement in Singapore with the launch of “Porsche at Jewel,” an innovative exhibition space nestled within the vibrant Changi Airport. This new venture marks a significant expansion for the luxury automotive brand, seamlessly blending its heritage with local culture and modern lifestyle experiences.

    The new location offers more than just a showroom; it features an array of engaging experiences designed to captivate both casual visitors and avid car enthusiasts. Among the highlights is a café that dishes out exclusive menu items, promising to tantalize taste buds while fostering a unique environment for discussion and delight.

    At Porsche at Jewel, customers can explore a curated selection of Porsche-branded apparel and accessories, alongside seasonal collections that reflect the brand’s ethos of luxury and performance. A standout feature is Porsche’s collaboration with local artist Tiffany Lovage, who crafted a limited-edition artwork inspired by Singapore’s beloved kopi (coffee) culture — a nod that adds a touch of local flavor to the brand’s international prestige.

    The exhibition space also showcases a rotating display that reflects the rich history and innovation of the automotive industry, from themed collections to rare vehicle showcases that transport visitors through Porsche’s storied lineage. Visitors can currently admire a striking red Porsche 911 Carrera, dramatically set against the backdrop of Singapore’s iconic shophouses, embodying the city-state’s unique blend of tradition and modernity.

    Looking ahead, Porsche plans to enhance its presence even further with the upcoming Porsche Experience Centre set to open by 2027, adjacent to the Changi Exhibition Centre. This attraction will offer an immersive journey into the world of Porsche, allowing enthusiasts and newcomers alike to experience the dynamic performance of these extraordinary vehicles firsthand.

    Questions & Answers

    What unique offerings can visitors expect at Porsche at Jewel?
    Visitors can enjoy a café with exclusive menu items, browse Porsche-branded apparel, and view a limited-edition artwork inspired by Singapore’s coffee culture, alongside rotating exhibitions of historical and innovative automotive displays.

    What current exhibit is featured at the new location?
    The opening exhibit features a bold red Porsche 911 Carrera, dramatically displayed against the backdrop of Singapore’s iconic shophouses, combining local flavor with automotive excellence.

    What future plans does Porsche have for its presence in Singapore?
    Porsche is set to launch the Porsche Experience Centre in 2027, which will provide an interactive platform for visitors to dive deeper into the performance and engineering of Porsche vehicles.

  • Honda Unveils Exclusive Naked Bike in Vietnam, Priced at $21,000 – A Must-See for Enthusiasts!

    Honda Unveils Exclusive Naked Bike in Vietnam, Priced at $21,000 – A Must-See for Enthusiasts!

    Four Honda CB1300SF Final Edition motorcycles made in Japan have been imported and are on sale at around VND550 million (US$21,000). In an exciting development for motorbike enthusiasts, four rare Honda CB1300SF Final Edition motorcycles have been imported into Vietnam, each priced at approximately VND550 million (US$21,000). These are part of the final production run, with only 3,400 units crafted in February before Honda concluded the model in response to evolving exhaust regulations.

    A Tribute to a Legend

    The CB1300SF Final Edition pays homage to the revered CB1000SF, a model that played a crucial role in establishing the Honda CB series as a global favorite in the 1990s, earning a devoted following among riders. As if Honda has sent a love letter to its fans, this motorcycle blends nostalgia with modern engineering.

    Timeless Design Meets Modern Performance

    The CB1300SF sports an upgraded design, retaining its iconic look while boasting an engine displacement of 1,300cc. It features a long, streamlined seat and elevated handlebars that ensure a comfortable riding experience. With a 21-liter fuel tank proudly displaying the Final Edition badge, this bike signifies not just closure but also celebration, offering 113 horsepower at 7,250 RPM.

    Riding Dynamics That Cross Generations

    While competitors in the market target younger riders with sporty designs, the CB1300SF speaks to a broader demographic, drawing both younger enthusiasts and seasoned riders with its classic aesthetic and relaxed riding dynamics. It’s a bike that says, “Age is just a number; let’s hit the road together!”

    Questions & Answers

    What makes the Honda CB1300SF Final Edition a special motorcycle?
    The Honda CB1300SF Final Edition is part of the last production run before Honda discontinued the model due to new exhaust regulations, making it a rare collector’s item and a tribute to the beloved CB1000SF.

    What are the key features of the CB1300SF Final Edition?
    This motorcycle features a nostalgic design with modern performance upgrades, including a 1,300cc engine, comfortable seating, and a distinctive Final Edition badge, all contributing to its appeal across different age groups.

    Why did Honda decide to discontinue the CB1300SF model?
    Honda discontinued the CB1300SF as part of its compliance with stricter exhaust regulations, marking the end of an iconic model that has captured the hearts of motorcycle enthusiasts for decades.

  • Vietnam’s Auto Association Alerts: Proposed Fuel Standard Could Eliminate 96% of Cars by 2030!

    Vietnam’s Auto Association Alerts: Proposed Fuel Standard Could Eliminate 96% of Cars by 2030!

    In a significant move for the automotive sector, the Ministry of Construction is inviting input from various agencies regarding a bold proposal to mandate that all passenger cars achieve a fuel efficiency of 4.83 liters per 100 kilometers by 2030. This regulation notably exempts electric vehicles, allowing them to steer clear of stringent fuel efficiency requirements.

    Fuel Consumption Credits as a Safety Net

    Under this proposed regulation, manufacturers unable to meet the efficiency standard will have the option to purchase fuel consumption credits from those who do. This system mirrors the carbon credit trading mechanisms found globally, suggesting a creative approach to encouraging fuel efficiency.

    Manufacturers Urged to Innovate

    The message is clear: manufacturers are encouraged to innovate by upgrading technology, phasing out fuel-hungry vehicles, and expanding their lineup of fuel-efficient models. Failure to comply after a three-year grace period could lead to the discontinuation of production or importation until a viable alternative plan is conceived.

    Industry Concerns About Stringent Standards

    However, not everyone is on board with this aggressive approach. The Vietnam Automobile Manufacturers Association (VAMA), representing 17 manufacturers, has labeled the proposed efficiency threshold as “too strict.” They warn that a staggering 96% of gasoline vehicles and 14% of hybrid models would not meet these ambitious requirements. For example, Toyota’s widely popular Vios would fall short at 5.08 liters per 100 kilometers in its most efficient variant, while the Yaris Cross Hybrid performs admirably at 3.56 to 3.8 liters per 100 kilometers.

    A Shift Towards Electrification

    VAMA argues that to meet the proposed standards while sustaining current sales volumes, the industry would need to boost the share of electrified vehicles nearly tenfold over the next five years. Given the current limitations in charging infrastructure and consumer hesitance toward electric vehicles, this target may be a bit like trying to fit a square peg into a round hole.

    A Compromise on Fuel Efficiency Targets

    In light of these challenges, VAMA has suggested a more gradual approach. Their alternative proposal recommends achieving fuel efficiency targets of 6.7 liters per 100 kilometers by 2027, 6.5 by 2028, 6.3 by 2029, and finally reaching 6 liters in 2030. This roadmap would involve a 34% reduction in gasoline vehicle production, alongside a dramatic 366% increase in electric vehicle sales — a far more feasible scenario, according to industry leaders.

    Questions & Answers

    What is the proposed fuel efficiency target for passenger cars by 2030?
    The proposed target is 4.83 liters per 100 kilometers for all passenger cars by 2030.

    How will manufacturers who fail to meet the efficiency standards be penalized?
    Manufacturers who do not meet the standards after three years may have to halt production or importation until they establish an appropriate alternative plan.

    What alternative targets has VAMA suggested instead of the initial proposal?
    VAMA suggests a more realistic gradual approach: 6.7 liters per 100 kilometers in 2027, 6.5 in 2028, 6.3 in 2029, and 6 liters in 2030.

  • 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.