Cars

Bruneians' Insatiable Appetite For Cars

At a time when every Southeast Asian economy has been hit hard by the COVID-19 pandemic – ASEAN member state Brunei reported close to an eight percent increase in car sales in the first five months of 2020. This is indicative of the insatiable appetite of Bruneians’ for cars. According to figures released by the ASEAN Automotive Federation, a total of 5,388 units of cars were sold in the Sultanate within that period, compared to 4,966 units sold within the same period last year.

17 July 2020
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Pandemic Pileup: Auto Industry Hit Hard

The deadly COVID-19 virus has been looming over nations around the world, preying on victims since it first appeared last December in Wuhan, China. To date, more than eight million people have been infected globally and fatalities are inching towards the half million mark. Other than threatening our health, the coronavirus has also severely affected livelihoods, major industries and the economy in general.

18 June 2020
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Smart cities need smart parking

The 2018 Revision of World Urbanization Prospects produced by the Population Division of the United Nations (UN) Department of Economic and Social Affairs (DESA) states that 55 percent of the world’s population lives in urban areas, a proportion that is expected to increase to 68 percent by 2050.A populous city could mean an increase in vehicles on its roads.

30 September 2019
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Vinfast to stir up Vietnam’s automotive market

Last September, Vietnamese Prime Minister Nguyen Xuan Phuc launched the construction of Vingroup’s automobile manufacturing complex in the northern port city of Hai Phong. The automobile manufacturing complex will be the production centre of Vietnam’s first national car, Vinfast. Bloomberg reported in September 2017 that conglomerate Vingroup plans to invest up to US$3.5 billion to build a manufacturing and research and development complex.

27 February 2018
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