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Vietnam’s auto sales surged 23.92% to 508,547 units last year, as consumption rose post-pandemic, with top auto brands enjoying double-digit growth. The data was compiled from Vietnam Automobile Manufacturers Association (VAMA), TC Motor (which assembles for Hyundai) and VinFast. Regarding VAMA figures alone, the biggest monthly sales last year was …

Tesla has slashed prices on its electric vehicles in the United States and Europe, the automaker’s website shows, extending a new strategy of aggressive discounting after missing Wall Street estimates for deliveries. The U.S. price cuts, announced late Thursday in U.S. time on the Model 3 sedan and Model Y …

Crypto.com said on Friday it would be reducing about 20% of its workforce, as cryptocurrency exchanges face industry-wide challenges brought on by the collapse of FTX last year. The Singapore-based company’s announcement comes amid concerns about reserves and solvency across the sector, and only a few days after rival exchanges …