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The imported car market is booming, and it's outpacing the domestic automotive industry. But why are consumers increasingly opting for imported vehicles over locally-assembled cars? This intriguing trend warrants further investigation, as it could significantly impact the automotive landscape in the country.

Suzuki is offering significant discounts on its 2023 inventory to make way for the new models. As of August 2024, Suzuki's year-to-date sales reached 6,736 units, a 26% decrease compared to the same period in 2023. To boost sales and clear out older stock, Suzuki is slashing prices on popular models like the Ertiga and XL7, providing a great opportunity for customers looking for a deal on a reliable vehicle.

In the Vietnamese market for hybrid vehicles priced under VND 1 billion, renowned Japanese automakers like Suzuki, Toyota, and Nissan dominate.

These MPVs are all priced below 600 million VND. A great option for those seeking a practical and affordable vehicle. With spacious interiors and versatile configurations, these MPVs offer excellent value for money, making them a popular choice for families and businesses alike.

Amidst the slump in sales, a plethora of car brands are offering enticing discounts to stimulate demand. These incentives see prices slashed by hundreds of millions of dong, presenting an opportune time for consumers to snap up a bargain.

The B-segment SUV market in Vietnam is already highly competitive, and with new players entering the scene, the battle is set to intensify.

The ghost of "bicycle graveyards" haunts China's e-bike industry once more, as overproduction spawns a nation-wide surplus.

Mitsubishi XForce has emerged as the top-selling car in Vietnam for July 2024, leading the pack with an impressive sales figure of nearly 1,800 units.

Many car manufacturers have launched promotional programs offering 50-100% discounts on registration fees to attract customers, following the disappointment among car buyers over the policy's indefinite effective date.

Every year, come the 7th lunar month, renowned automobile brands witness a surge in aggressive clearance sales by dealers, offering massive discounts of up to hundreds of millions of Dong to clear inventory and stimulate consumer demand.