Car sales

Vietnam’s EV boom: VinFast buys first, mass adoption follows

Domestic brands lead Vietnam’s EV market despite intense competition and limited government incentives

Vehicles that apply to be exported less than 180 days after they were registered will be required to submit information needed for after-sales maintenance services.

China to tighten oversight on new cars exported as used vehicles

[BEIJING] China will strengthen oversight of used-car exports and strictly control the export of new cars under the guise of used vehicles, according to a notice issued by the country’s commerce minis...

After notching three consecutive record highs in earlier tenders, Category A premiums are down 4.8% or S$6,105.

Cat A COE eases to S$122,000, ending streak of record highs

Most of the other categories also dip in October’s second bidding exercise

Category A, which includes several popular EV models, has been on a record-breaking run in recent weeks as buyers rush to secure cars before EV incentives are reduced in 2026.

Mainstream car COE premium blitzes to new S$128,105 record as EVs continue to jolt demand

Intense competition, popular electric vehicle models and a three-week break contribute to a 7.6% jump in the Category A premium

Ford sold more than 42,000 units in Vietnam in 2024, trailing behind domestic EV manufacturer VinFast, South Korea’s Hyundai and Japan’s Toyota.

In Vietnam’s narrow, congested roads, tariff-free US cars won’t find much traction with buyers

American SUVs remain a tough sell in motorbike-heavy Vietnam, where compact, fuel-efficient Japanese and South Korean cars are a better fit 

The Avatr 11 sport utility vehicle is a large luxury model from Avatr that will compete with offerings from BMW and Mercedes-Benz.

Premium Automobiles to distribute Changan, Huawei, CATL-backed luxury EV brand Avatr in Singapore

Brand debut to take place in late July; first model for the country is the Avatr 11 large SUV

BYD’s robust sales growth in Singapore underscores its efforts to focus on overseas markets amid bruising price competition in China.

BYD tops Singapore vehicle sales so far this year, replacing Toyota

In the first four months of 2025, BYD sold 3,002 cars, or 20% of total vehicle sales in Singapore

Volvo Cars is juggling the task of working with Geely to cut costs while attempting to keep selling cars to US consumers, who favour hybrids and combustion-engine models.

Volvo Cars sales fall 11% in April as fully electric cars slump

Sales of fully electric cars fell 32% to account for 20% of total sales volumes