Auto sales up 97% in March
Domestic auto sales last month hit nearly 8,390 units, down 4 per cent over the same period last year, but up a significant 97 per cent since February, said the Viet Nam Automobile Manufacturer’s Association.— Illustrative image/VNA/VNS Photo
HA NOI (VNS)— Domestic auto sales last month hit nearly 8,390 units, down 4 per cent over the same period last year, but up a significant 97 per cent since February, said the Viet Nam Automobile Manufacturer’s Association (VAMA).
Compared with February, sales of commercial vehicles rose by 75 per cent to more than 2,800 units, while trucks grew 111 per cent to 5,600 units.
Of the total, domestically assembled autos accounted for nearly 7,000, increasing 103 per cent against February, while vehicles accounted for 1,400, up 74 per cent.
VAMA chairman Laurent Charpentier said its members’ sales were 400-500 units higher than forecast, showing a positive sign for the country’s automobile industry.
Last month, Toyota continued to be the market leader with sales of more than 2,400 units, followed by Truong Hai with 2,200 and Ford, 498.
Vina Mazda saw the highest growth of 318 per cent over the same period last year, ahead of Honda at 287 per cent and Vinastar 95 per cent.
Toyota contributed several best selling models with its sedans and SUV/MPV series.
Michael Behrens, general director of Mercedes Benz Viet Nam, said the increase was due to the reduction of registration fees for under-10 seat cars and used vehicles.
He told Viet Nam Economic Times that the fee reduction would help the market improve as it would cost customers less to buy a car.
Despite the increase, he said VAMA expected auto sales of around 100,000 units this year, 8 per cent higher than last year. — VNS