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Vietnam mulls fining Toyota over technical faults

After Toyota Vietnam has recalled nearly 66,000 cars suffering from technical faults recently, a senior official said the actual number could be much higher and that Vietnamese authorities are considering fining the Japanese carmaker. The number of Toyota cars with technical problems in Vietnam must be higher than the 65,703 figure that Toyota Vietnam officially announced, a senior official from... 

Domestic auto sales down 3pct during April

Total domestic auto sales dropped to only 9,400 units during April, a 3 percent decrease according to Viet Nam Automobile Manufacturers’ Association (VAMA). Only 63 bus chassis were sold during April, a 94 percent decrease compared to the same period in April 2010.The VAMA further confirmed that only 5,650 commercial vehicles had been sold last month, a year-on-year decrease of 23 percent. Private... 
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