Car sales

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

Thailand is South-east Asia’s biggest car production centre, and an export base for some of the world’s top carmakers, including Toyota and Honda.

Thailand car production rises 8.6% on year in December

Output seen going up 3% to 1.5 million units in 2026

The market in Singapore is capped by the Certificate of Entitlement supply, so sales are inherently a zero-sum game.
THINKING ALOUD

Electric car sales are booming. That means trouble ahead

Some dealers can break even without selling a single car. Not for long

The top two best-selling cars in Vietnam in H1 were VinFast models. The EV maker has also cornered roughly 50 per cent of the market share in the e-motorbike segment. 

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

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