Automobile sales down 9% in August

Members of the Vietnam Automobile Manufacturers Association (VAMA) sold 22,540 vehicles in August, down 9% compared to the previous month, VAMA has reported.
Automobile sales down 9% in August ảnh 1Illustrative image (Photo: Toyota Vietnam) 
Hanoi (VNA) - Membersof the Vietnam Automobile Manufacturers Association (VAMA) sold 22,540 vehiclesin August, down 9% compared to the previous month, VAMA has reported.

Of the vehicles sold last month, there were 17,335 passengercars, down 10%; 5,036 commercial vehicles, down 5%; and 169special-use vehicles, up 14% month-on-month. 

This indicates that the automotive market inVietnam has faced difficulties in maintaining stable sales, especially inthe two key segments of passenger cars and commercial vehicles.

Interms of vehicle origin, the sales of domestically-assembled and importedcompletely built-up (CBU) vehicles reached 13,118 units and 9,422 units, down 3%and 15% month-on-month, respectively.

In the first eight months of this year, VAMA members sold atotal of 184,554 vehicles of all kinds, down 30% annually,with the sales of passenger cars, commercial and special-use vehiclesdropping by 34%, 13%, and 61%, respectively.

Besides VAMA member units, the Vietnamese auto marketalso includes other automakers such as Audi, Jaguar Land Rover, Mercedes-Benz,Nissan, Subaru, Volkswagen, and Volvo, but they do not disclose businessresults.

Meanwhile, Thanh Cong Group (TC Group)announced its sales of 3,145 units in August, and 35,191 inthe Jan – August period.

Based on the sales reports from VAMA and TCGroup, 25,685 units were sold in August, lifting the total sales in thefirst eight months to 219,745 units.

Toyota led the market in August with 3,922units, up 16.7% from the previous month. It was followed by KIA, Huyndai, Mazda and Ford./.


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