Vietnam’s Automobile Sales Plummet in February

Posted by - March 14, 2024

The Vietnam Automobile Manufacturers’ Association (VAMA) announced that its members sold a total of 30,876 units during January – February, plunging 23% from the same time last year. Meanwhile, the two-month sales in 2021 were recorded at 40,017. Besides VAMA members, the Vietnamese auto market also includes other automakers such as Audi, Jaguar Land Rover,

Tesla, Rivals Get Low Marks for Automated-Driving Technology

Posted by - March 13, 2024

Tesla’s Autopilot and Full Self Driving technology and nine other assisted-driving systems marketed by major automakers received “poor” ratings from the US Insurance Institute for Highway Safety in a new study. The IIHS, a safety research arm of the insurance industry, also said there is no evidence that Autopilot or other assisted-driving systems have real-world

China Expects Automobile Industry To Remain In Top Gear

Posted by - March 11, 2024

China is optimistic about the growth momentum of the automobile industry this year and sees its new energy vehicle sales growing 20 percent year-on-year in 2024, said the country’s top industry regulator. Xin Guobin, vice-minister of industry and information technology, said that based on industry estimates, both the sales and production of automobiles will be

This Flying-Car Startup Has Almost 3,000 Preorders

Posted by - March 8, 2024

Alef Aeronautics CEO Jim Dukhovny is very excited about his company’s Model A flying car, and so are 2,850 other people with $300,000 to spare. He told reporters that the company has that many pre-orders, and he made some big claims. Because San Mateo, California-based Alef got that many signups since its order books opened

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