Car sales recovered in March after three months' decline, according tothe Vietnam Automobile Manufacturers Association (VAMA).
Totalsales by VAMA members reached 9,513 units in March, an increase of 1,624units against February and a 1 percent increase over the same periodlast year, said VAMA representative Pham Anh Tuan.
In the firstquarter of this year, sales reached 27,896 units, a surge of 30 percentagainst the same period last year. Of this, sales of commercialvehicles surged 16 percent, multi-purpose vehicles 34 percent and sedans47 percent.
This recovery in the domestic car market reflects apositive outlook by consumers after a period of price increases, Tuansaid. It was also due to a great demand for commercial vehicles.
Total sales of commercial vehicles reached 4,648 units in March, an increase of 1,125 units over February.
Car dealers said that the growth of commercial vehicle sales in Marchwas as usual because transport companies continued to buy after Tet.
In March, domestic auto maker Truong Hai had the largest output of3,085 units but Toyota was still had the largest sales – 2,357units, said Tuan./.
Totalsales by VAMA members reached 9,513 units in March, an increase of 1,624units against February and a 1 percent increase over the same periodlast year, said VAMA representative Pham Anh Tuan.
In the firstquarter of this year, sales reached 27,896 units, a surge of 30 percentagainst the same period last year. Of this, sales of commercialvehicles surged 16 percent, multi-purpose vehicles 34 percent and sedans47 percent.
This recovery in the domestic car market reflects apositive outlook by consumers after a period of price increases, Tuansaid. It was also due to a great demand for commercial vehicles.
Total sales of commercial vehicles reached 4,648 units in March, an increase of 1,125 units over February.
Car dealers said that the growth of commercial vehicle sales in Marchwas as usual because transport companies continued to buy after Tet.
In March, domestic auto maker Truong Hai had the largest output of3,085 units but Toyota was still had the largest sales – 2,357units, said Tuan./.
