Audi is offering discounts on its A4, A6, A8L, Q2, Q3, Q5, Q5 Sportback, Q7, A7 Sportback, and Q8 models of up to VND300 million.

A 320i M Sport on display at a BMW showroom in the southern Binh Duong Province.

Mercedes is offering discounts of 6-10% on some locally assembled models such as the C-class and E-class and 3% on imports like the GLB and GLS.

The C-class, which has a price tag of VND1.599-2.099 billion, is getting discounts of 6%, equivalent to VND95-125 million.

Mercedes is subsidizing registration, which costs 10% in HCMC and 12% in the north, by half for locally made vehicles. The registration fees are calculated based on car prices in each locality. The rates are 12% in Hanoi and northern Hai Phong City, and 10% in Ho Chi Minh City.

Volvo is also bearing half the cost of registration for all models except the V60 Cross Country line for which it pays the full fee.

Truong Hai, a BMW distributor, is offering big discounts.

The prices of the X5, Series 5, Series X3, and Series 3 have been cut by VND160 million, VND80 million, VND70 million, and VND50 million.

Some luxury car distributors said demand is up in October though still lower than a year ago.

Analysts do not expect vehicle sales to reach last year’s figure of 500,000.

VinFast hands over first VF 5 Plus cars to customers

VinFast, an electric vehicle maker of Vietnamese conglomerate Vingroup, handed over the first VF 5 Plus cars to customers on Friday.

Vietnamese flock for South Korea careers

As many as 23,500 people have registered for a test to recruit laborers to work in South Korea, the highest in 10 years.

VinFast to ship another 1,800 electric cars to North America

The Vietnamese automaker VinFast has announced that it is preparing to export an additional 1,800 VF8 electric cars to the United States and Canada.

VinFast to buy back electric cars after 5 years

VinFast electric car owners in Vietnam can sell their vehicle back to the company after five years for 53-66% of their purchase price, the automaker has said.

VinFast delivers 782 electric cars in two months

VinFast Trading and Service Ltd Co, a subsidiary automaker of conglomerate Vingroup, reported on March 14 that it delivered 774 electric vehicles (EVs) to customers in the first two months of 2023.

Source: VnExpress