Auto sales in Vietnam up 85.7% in February According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on March 12, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were up 85.7% year-over-year to 21,606 units in February . CKD volume was 11,067 units and CBU volume was 10,539 units. VAMA members (20 manufacturers) sales in February were up 71.5% y/y to 17,181 units. VAMA members pas...

News  Updated at: 2025/03/13

VW dismisses 200 employees at Puebla plant in Mexico On February 28, Volkswagen de México carried out a mass layoff of at least 200 employees from its Puebla plant, primarily affecting trusted workers in the spare parts warehouse. The dismissals occurred around midday when the company’s attorney, accompanied by representatives from the Federal Center for Conciliation and Labor Registration (CFCRL), gathered the affected technicians for an inte...

News  Updated at: 2025/03/04

Auto sales in Vietnam down 18.4% in December, full year 2024 up 12.6% to 340,142 units According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on January 10, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were down 18.4% year-on-year to 31,598 units in December. CKD volume was 12,862 units, and CBU volume was 18,736 units. The December sales were down YoY due to the end of the ...

News  Updated at: 2025/01/14

November vehicle sales in Thailand down 31.3%, production down 28.2% (detailed report) According to the Federation of Thai Industries (FTI), November vehicle sales in Thailand decreased 31.3% year over year (YoY) to 42,309 units from the same period in 2023. In the first 11 months of 2024, vehicle sales were 518,659 units, a decline of 26.7% YoY.  According to data compiled by Toyota Motor Thailand (TMT), by maker sales in November, Toyota (incl...

News  Updated at: 2024/12/27

Auto sales in Vietnam up 58.1% in November According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on December 10, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were up 58.1% year-over-year to 44,200 units in November. CKD volume was 25,114 units and CBU volume was 19,086 units.  VAMA members (20 manufacturers) sales in November were up 49.8% y/y to 39,608 units. VAMA members...

News  Updated at: 2024/12/11

German passenger car sales down 0.5%, EV down 21.8%, PHEV up 13.7% in November 2024 The number of November new passenger car registrations in Germany was 244,544 units, down 0.5% from the same month last year, and the total sales for the eleven months of the year was 2,592,610 units, down 0.4% from the same period last year, according to the figures released by the Germany Federal Motor Vehicle Office (KBA) on December 4. In November, registratio...

News  Updated at: 2024/12/05

Auto sales in Vietnam up 52.8% in October  According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on November 11, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were up 52.8% year-over-year to 38,761 units in October. CKD volume was 21,113 units and CBU volume was 17,648 units.  VAMA members (20 manufacturers) sales in October were up 49.7% y/y to 35,114 units. VAMA members ...

News  Updated at: 2024/11/12

October 2024 new vehicle sales in Japan: Toyota Yaris regains top position for first time in 15 months In the new car sales rankings by model in Japan in October 2024 (consolidated rankings of mini-vehicles and registered vehicles (vehicles other than mini-vehicles), Toyota Motor Corporation’s “Yaris” became the top-selling model for the first time in 15 months. After suspension of the supply of the Yaris Cross due to certification scandals...

News  Updated at: 2024/11/08

German passenger car sales up 6.0%, EV down 4.9%, HV up 15.0% in October 2024 The number of October new passenger car registrations in Germany was 231,992 units, up 6.0% from the same month last year, and the total sales for the first ten months of the year was 2,348,066 units, down 0.4% from the same period last year, according to the figures released by the Germany Federal Motor Vehicle Office (KBA) on November 5. In October, new registrations ...

News  Updated at: 2024/11/06

Auto sales in Vietnam up 44.2% in September  According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on October 10, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were up 44.2% year-over-year to 36,585 units in September. CKD volume was 19,500 units and CBU volume was 17,085 units.  VAMA members (20 manufacturers) sales in September were up 33.5% y/y to 32,023 units. VAMA mem...

News  Updated at: 2024/10/11

Vietnam’s vehicle imports continue to rise despite support policies for locally-made cars Reported on September 27, 2024, Vietnam’s car imports continued to increase despite the government’s announcement of a 50% cut in registration taxes for locally assembled vehicles. Meanwhile, the rising sales of imported vehicles (compared to locally-made vehicles) have worried Vietnamese auto industry. This trend highlights a challenge for local manuf...

News  Updated at: 2024/10/03

Singapore’s LTA – NEA to continue EV incentives until end of 2025 Announced on September 20, 2024, Singapore’s Land Transport Authority (LTA) and the National Environment Agency (NEA) will continue to incentivize the adoption of cleaner energy vehicles from January 1, 2025 - December 31, 2025, emphasizing on electric vehicles. Most electric car models will enjoy the same level of rebates as today. This is in accordance with the vision of 10...

News  Updated at: 2024/09/24

Auto sales in Vietnam up 11.8% in August  According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on September 13, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were up 11.8% year-over-year to 25,196 units in August. CKD volume was 12,064 units and CBU volume was 13,132 units. VAMA members (20 manufacturers) sales in August were up 3.7% y/y to 21,408 units.  VAMA members pas...

News  Updated at: 2024/09/17

Volvo preparing to launch EX30 e-SUV in Malaysia; locally assembled Reported on August 12, 2024, Volvo Car Malaysia (VCM) has made available a Registration of Interest (ROI) for the EX30 fully electric SUV, following the model’s global debut in June 2023. In July 2024, several units of the EX30 were seen on a trailer heading to Port Klang, which suggests local assembly (CKD) of the model has already begun at the Shah Alam plant. In ASEAN, the E...

News  Updated at: 2024/08/13

June vehicle sales in Thailand down 26.0%, production down 20.1% (detailed report) According to the Federation of Thai Industries (FTI), June vehicle sales in Thailand decreased 26.0% year over year (YoY) to 47,662 units from the same period in 2023. In the first 6 months of 2024, vehicle sales were 308,027 units, a decline of 24.2% YoY.  According to data compiled by Toyota Motor Thailand (TMT), by maker sales in June, Toyota (including Lexus) ...

News  Updated at: 2024/07/31

LTA: Registration of diesel car/taxi in Singapore to cease from January 1, 2025 On July 10, 2024, Singapore’s Land Transport Authority (LTA) announced that all new diesel car and taxi registrations will no longer be allowed from January 1, 2025. This supports Singapore’s vision for all vehicles to run on cleaner energy by 2040. Diesel cars registered before January 1, 2025, can renew their Certificate of Entitlement but will be subject to hig...

News  Updated at: 2024/07/11

April vehicle sales in Thailand down 21.5%, production down 11.0% (detailed report) According to the Federation of Thai Industries (FTI), April vehicle sales in Thailand decreased 21.5% year over year (YoY) to 46,738 units from the same period in 2023. In the first 4 months of 2024, vehicle sales reached 210,494 units, a decline of 23.9% YoY.  According to data compiled by Toyota Motor Thailand (TMT), by maker sales in April, Toyota (including L...

News  Updated at: 2024/06/03

VinFast receives 27,649 orders for VF 3 from customers in Vietnam in 66 hours Announced on May 16, 2024, VinFast bagged 27,649 registration applications to buy VF 3 EV units after only 66 hours of opening for early deposits in Vietnam, reaching an unprecedented record in the auto market. Besides the special price of VND 235 million (excluding battery) (applicable to customers who register from May 13 to May 15), VinFast VF 3's record sales were a...

News  Updated at: 2024/05/20

Cambodian govt. encouraging more EV investment; VOLTRA says clearer development plan required Reported on May 1, 2024, the Cambodian Ministry of Commerce (MoC), during the inauguration ceremony of the recently held ‘First Auto Show 2024’, encouraged investors to set up more car factories, especially the electric vehicles (EVs) and reap benefits from the FTAs that Cambodia has with many partners and the preferential tariffs received from devel...

News  Updated at: 2024/05/07

BMW Group leads Thailand's premium car market in Q1/2024 Announced on April 18, 2024, BMW Group continued to lead Thailand’s premium automotive market in the first quarter of 2024 amid challenges, such as market fluctuation and changing consumer behavior. Despite a drop in the total registration number of vehicles in the overall Thai automotive premium segment, BMW Group recorded a total of 3,561 BMW registered and 407 MINIs registered in Q1/20...

News  Updated at: 2024/04/23