Car sales

Nio delivers 29,356 vehicles in April, up 22.8% on year

Chinese EV maker’s April tally dips from March as it crosses 1.1 million cumulative deliveries

VinFast's production facility in Karawang, Indonesia. The country was one of the overseas markets that the carmaker focused on last year.

VinFast eyes EV sales jump of five times in overseas market; taxi arm seen as key growth lever

Founder says Vietnamese carmaker’s Ebitda will break even by 2027, after cumulative losses of US$14.5 billion as at end-2025

While Mercedes' sales volumes are up by 7% in Europe and 20% in the US, this has not been enough to offset a 27% drop in China.

Mercedes Q1 sales down in tough ‘transition year’ for China business

The German marque faces a cut-throat price war with Chinese brands in the premium segment

Lamborghini cushioned its external pressures through cost control and increasing sales of pricier vehicles.

Lamborghini 2025 profit dented by US tariffs and EV U-turn

Its operating income slips to 768 million euros in 2025 from 835 million euros in 2024

BMW's deliveries are forecast to stay on a par with 2025, when it faced a sharp sales decline in China.

BMW expects 2026 earnings to decline as tariffs bite

Profit before tax is forecast to fall between 5 and 9.9%

Nio's Q4 profit marks a significant turnaround from the 7.1 billion yuan net loss in the year-ago period.

Nio swings to black with Q4 profit of 122.4 million yuan; shares surge over 14%

Full-year net loss narrows from 22.7 billion yuan to 15.6 billion yuan on higher deliveries

In January, Volkswagen reported a 2025 net cash flow of six billion euros, a major improvement from a forecast of no cash flow.

Volkswagen stung by tariffs, China battle as profit halves

Its operating profit of 8.9 billion euros misses analysts’ forecast of 9.4 billion euros

Tran Ba Duong says Thaco Auto will introduce its Thaco-branded passenger cars in 2027.
NEWS ANALYSIS

Can Thaco’s in-house car brand jump-start sliding assembly sales?

One of Vietnam’s richest men is preparing for his boldest move yet, which can reshape the country’s auto space

Renault warned of weakening margins in July after market conditions deteriorated in the second quarter.

Renault posts lower margins in 2026 as price pressure hits profit

It has an operating profit of 3.6 billion euros, with an operating margin of 6.3%

The full impact of the recent updates to car taxes in Budget 2026 are unlikely to be seen immediately.
COMMENTARY

Singapore’s Parf rebate cut may favour China EV brands as ownership and borrowing costs rise

Industry players say the move will have far-reaching consequences across the automotive value chain