automakers urge solutions for looming tariff drop

Automakers urge solutions for looming tariff drop

16:47 | 27/03/2017 Car & Motor

(VEN) - Domestic automobile manufacturers and assemblers have urged the government to take steps to ensure their survival once the zero tariff on imported cars goes into effect next year. They warned that unless solutions are found, they would seriously reduce their domestic production and assembly.  
government mulls safeguards to protect domestic carmakers

Government mulls safeguards to protect domestic carmakers

09:58 | 23/03/2017 Car & Motor

Deputy Prime Minister Trinh Dinh Dung has asked the Ministry of Industry and Trade (MoIT) and relevant agencies to study the possibility of applying safeguards to protect the domestic automobile manufacturing industry from looming zero-tariff car imports.  
honda vietnam recalls 1355 cars for air bag fault Honda Vietnam recalls 1,355 cars for air bag fault

10:36 | 21/03/2017 Car & Motor

Honda Vietnam is recalling 1,355 cars to repair and replace air bag inflators of models Honda Civic, Honda CR-V and Honda Accord, according to the Vietnam Competition Authority.
ministry revises circular to simplify auto imports Ministry revises circular to simplify auto imports

15:33 | 16/03/2017 Car & Motor

The Ministry of Industry and Trade (MoIT) has decided to abolish a number of procedures for importers of cars with nine seats or less.
bumpy ride ahead for local automakers Bumpy ride ahead for local automakers

11:22 | 15/03/2017 Car & Motor

(VEN) - Import tax on the auto segment of nine seats and less for ASEAN members was reduced from 40 to 30 percent starting January 1, 2017, heralding a significant increase in the volume of imported cars in the Vietnamese market.  
vietnam automaker hyundai launch project Vietnam automaker, Hyundai launch project

10:03 | 13/03/2017 Car & Motor

The Korean Hyundai Motors and local Trường Hải Automobile Company (Thaco) have launched a mini bus manufacturing project with the total capacity of 10,000 units per year.
ford vietnams february sales rise 23 percent Ford Vietnam’s February sales rise 23 percent

14:22 | 10/03/2017 Car & Motor

(VEN) -  Ford Vietnam reported February retail sales increased 23 percent year-over-year to 1,881 vehicles, led by strong demand for the EcoSport, Ranger, Explorer and Transit nameplates.
automakers struggle to keep vietnam production amid asean tariff cuts Automakers struggle to keep Vietnam production amid ASEAN tariff cuts

15:27 | 03/03/2017 Car & Motor

Automobile companies are forced to cut back production in Vietnam following lower tariffs among Southeast Asian countries but said they would maintain operation in the country.
automakers sense a sea change move to green cars Automakers sense a sea change, move to green cars

10:04 | 28/02/2017 Car & Motor

With demand for environmentally friendly cars increasing in Vietnam, local automakers and traders are going green to win market share.
car imports from asean nations explode in january Car imports from ASEAN nations explode in January

15:34 | 23/02/2017 Car & Motor

The number of cars of nine seats and less imported from Thailand and Indonesia soared in January, sparking fierce competition between importers and local automakers.
japanese automakers consider leaving vietnam due to weak supporting industries Japanese automakers consider leaving Vietnam due to weak supporting industries

10:01 | 21/02/2017 Car & Motor

Japanese automakers may be shifting their production away from Vietnam in the near future due to its poor supporting industries.
bus assembly line fire inflicts 11m loss Bus-assembly line fire inflicts $11m loss

16:57 | 15/02/2017 Car & Motor

A fire that broke out at two sites of a bus assembly plant early this month destroyed spare parts and components worth VND250 billion (US$11 million).
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