Automobile sales rebound in May hinh anh 1 Mazda3 is among five best-sellers in May (Source: VNA)

Hanoi (VNA) – As many as 23,232 cars were sold in May, up 6 percent from the previous month, according to the Vietnam Automobile Manufacturers’ Association on June 7.

During the month, sales of tourist cars rose 20 percent to 12,915 units while sales of commercial vehicles fell 6 percent to 9,005 units and specialised vehicles plummeted 22 percent to 1,312 units.

While domestically assembled cars saw a rise of only 1 percent in sales to 16,656 vehicles, imported car sales shot up 20 percent from the previous month to 6,576 units.

The increase was attributed to big discounts offered from renowned carmakers like Hyundai Thanh Cong, Truong Hai JSC (Thaco) Toyota, Honda, and Nissan Vietnam.

Thaco led the market with total sale of 8,263 units, accounting for 37.9 percent of the market share. It was followed by Toyota Vietnam with 5,151 units, making up 23.9 percent; and Ford Vietnam with 2,451 units, or 11 percent.

In the first five months of 2017, total automobile revenue dropped 1 percent year on year. The sales of tourist cars climbed 6 percent while those of commercial and specialised vehicles fell 9 percent and 19 percent, respectively. 

While the domestically assembled vehicles decreased by 7 percent in sales, the imported cars surged 16 percent year on year.-VNA