Vietnam’s car market is expected to rebound in the last months of 2024, thanks to a proposed 50 percent cut in registration fees for locally made and assembled vehicles. If…
Anby AlcomendasJuly 17, 2024
Southeast Asia Global Automotive Outlook: Key Insights and Trends Presented at the APAC Fleet Summit
Overview On 13th June 2024, Frost & Sullivan presented a comprehensive analysis of the global automotive market during the 2024 APAC Fleet Summit in Bangkok, highlighting transformative trends and their…
Monalisa MarinJuly 3, 2024
Thailand’s Board of Investment (BOI) has recently announced new incentives aimed at refurbishing used electric vehicle (EV) batteries. According to the BOI, this initiative is part of the country’s strategy…
Anby AlcomendasJune 26, 2024
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…
Anby AlcomendasJune 19, 2024
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)…
Anby AlcomendasJune 13, 2024
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…
Anby AlcomendasJune 5, 2024
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…
Anby AlcomendasMay 29, 2024
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…
Anby AlcomendasMay 15, 2024
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…
Anby AlcomendasMay 8, 2024
