carmakers

Update news carmakers

Automakers in race for sales to avail of temporary fee cut

The temporary 50 per cent cut in registration fees for locally-made cars starting from June 2020, which aimed to encourage domestic production through the global health crisis, may not extend into 2021, 

How cheap will cars be once tariffs are cut to zero percent?

VietNamNet Bridge - The tariff cut to zero percent will pave the way for imports from ASEAN to flood Vietnam, but analysts do not think low-cost cars will be available by 2018. 

Trump hits Toyota in latest broadside against carmakers and Mexico

 U.S. President-elect Donald Trump targeted Toyota Motor Corp (7203.T) on Thursday, threatening to impose a hefty fee on the world's largest automaker if it builds its Corolla cars for the U.S. market at a plant in Mexico.

Carmakers' rush to put latest tech in lower-priced models

 Rapidly evolving technology is upending the traditional pecking order in the luxury car market, which until now has operated on the principle that bigger is better.

Auto importers want new special consumption tax delayed

 VietNamNet Bridge – Auto importers have petitioned the Prime Minister to delay a new Government decree on special consumption tax on automobiles, saying they need time to cope with any impact.

Apple car clues emerge from letter to test facility

 The persistent rumours about Apple building some kind of car have felt at times like they were powered purely by Apple fans desperate for something new and exciting,

Carmakers: HCM City’s quota proposal against auto strategy

VietNamNet Bridge – Automobile manufacturers said a new proposal by the HCMC Department of Transport to restrict private car ownership goes against the Government’s strategy to develop the automobile industry into a strong one.

BUSINESS IN BRIEF 15/4

Steel consumption increase ‘shortlived'; Building material businesses on verge of bankruptcy; US$200 million shopping centre to take shape in Hanoi; Footwear businesses receive orders until Q3