Car sales by the Vietnam Automobile Manufacturers’ Association (VAMA) members reached just 5,030 units in February, down 25 percent against the same period last year.

VAMA said demand for SUVs (sport utility vehicles) and MPV (multi-purpose vehicles) declined sharply in the month.

The association said domestic carmakers sold just 1,167 SUVs/MPVs and 1,612 commercial vehicles in February, a drop of 47 percent and 53 percent, respectively, against the same period last year.

In February, Truong Hai performed best in terms of sales, down just 9 percent against the previous month.

Toyota, meanwhile, saw sales fall by 18 percent against the previous month, while GM Daewoo’s sales declined 20 percent and Vinaxuki’s, 25 percent.

Touring cars were the biggest sellers, with 1,615 units sold, a 57 percent increase over the same period last year.

Among the best-selling models were the Camry, Vios, Corolla Altis, GM Daewoo Lacetti and the Kia Cerato.

In the first two months of the year, total car sales reached 11,355 units, an increase of nearly 8 percent over the same period last year.

Meanwhile, 5,900 cars were imported in the first two months of the year, worth 94 million USD, according to the General Statistics Office.
The GSO said it expects car imports to decline next month./.