KUALA LUMPUR – The Malaysian Automotive Association (MAA) recently announced that it is maintaining its vehicle sales forecast for this year. This comes amid the recent changes to the diesel…
In a move to position the country as a leader in electric vehicles, (EVs), artificial intelligence (AI), and quantum technologies, Thailand is investing some 8 billion Baht (around $229 million)…
Vietnam's car industry faces tough times, with sales dropping sharply and unsold vehicles piling up. Despite government efforts to help through tax and fee cuts, the market is not bouncing…
The Federation of Thai Industries (FTI) has forecasted a downward trend for the automotive sector. Declining sales and production prompt this amidst a sluggish economy and tightening credit conditions. "Buyers…
According to a recent report by the Vietnam Automobile Association (VAMA), vehicle sales in April reached 24,530 units. This is an 11 percent decrease compared to March 2024 but an…
The Indonesian government is aiming high for electric vehicle (EV) sales in 2024, with a target of reaching 50,000 units. This was revealed by Deputy for Infrastructure and Transportation Coordination…
Thailand’s new car market fell with 56,099 vehicles sold in March 2024 according to the latest data released by the Federation of Thai Industries (FTI). This is a 30 percent…
Malaysia's automotive industry experienced a welcomed uptick in new vehicle sales in March 2024. Figures released by the Malaysian Automotive Association (MAA) indicate a 10 percent increase compared to February…
Vietnam’s automobile market has shown signs of recovery in March. According to the latest data from the Vietnam Automobile Manufacturers’ Association (VAMA), its members sold 27,289 units in March. This…
The Federation of Thai Industries (FTI)’s Automotive Industry Club is confident about Thailand's economy picking up in the latter part of this year, which they believe will positively impact electric…