Domestic automobile sales decreased by 9 percent in November compared to the same period last year to 11,198 units, reported the Vietnam Automobile Manufacturers' Association (VAMA) on Dec. 9.
This figure, the association said, was an increase of 777 units over October and 1,075 units compared to September.
"I think these figures are pretty good. Demand has increased compared with previous months," said VAMA Secretary Pham Anh Tuan.
"However, it is still smaller than last year's figure because in 2009, automobile costs were less thanks to a Government stimulus package," he added.
Private car sales saw the biggest decrease, reaching only 3,770 in November, down by 16 percent.
VAMA sales figure for the first 11 months of the year reached 99,978 units, down 4 percent in comparison with the same period in 2009, of which sports utility, multi-purpose and cross-over vehicles decreased by 13 percent, and commercial vehicles were down by 3 percent.
In November, most members of VAMA saw downward trends in their sales.
Visuco (Suzuki) experienced a year-on-year decrease of 46 percent, while GM Daewoo and Samco were down 37 percent and 43 percent respectively.
In November, Toyota Vietnam sold just over 3,200 units, a year-on-year decrease of 7 percent.
Experts attributed the decline to the devaluation of the Vietnamese dong and high interest rates.
"It will be difficult for domestic automobile sales to pick up before the end of the year if there is no assistance from the Government and the downturn may continue through the start of next year," Tuan said./.
This figure, the association said, was an increase of 777 units over October and 1,075 units compared to September.
"I think these figures are pretty good. Demand has increased compared with previous months," said VAMA Secretary Pham Anh Tuan.
"However, it is still smaller than last year's figure because in 2009, automobile costs were less thanks to a Government stimulus package," he added.
Private car sales saw the biggest decrease, reaching only 3,770 in November, down by 16 percent.
VAMA sales figure for the first 11 months of the year reached 99,978 units, down 4 percent in comparison with the same period in 2009, of which sports utility, multi-purpose and cross-over vehicles decreased by 13 percent, and commercial vehicles were down by 3 percent.
In November, most members of VAMA saw downward trends in their sales.
Visuco (Suzuki) experienced a year-on-year decrease of 46 percent, while GM Daewoo and Samco were down 37 percent and 43 percent respectively.
In November, Toyota Vietnam sold just over 3,200 units, a year-on-year decrease of 7 percent.
Experts attributed the decline to the devaluation of the Vietnamese dong and high interest rates.
"It will be difficult for domestic automobile sales to pick up before the end of the year if there is no assistance from the Government and the downturn may continue through the start of next year," Tuan said./.
