March automobile sales hike 112 percent

Illustrative image (Source: VNA)

Hanoi (VNA) – Vietnam’s automobile sales in March shot up 112 percent from the previous month, amounting to some 24,802 units, the Vietnam Automobile Manufacturers’ Association (VAMA) announced on April 8.

In the month, the number of passenger cars sold revved up 105 percent against February to 13,246 vehicles. Commercial cars increased 100 percent to 9,206 units and special-purpose cars sales expanded 249 percent to 2,350 units.

Nearly 20,000 domestically-assembled cars rolled out from outlets and showrooms over the month, 116 percent higher than February. Meanwhile, the industry recorded a 94 percent rise in the purchase of imported cars with 4,807 units.

According to the VAMA, the Truong Hai Automobile Joint Stock Company took the lead in automobile sales in the month with 10,366 sold units, followed by Toyota Motor Vietnam with 4,693 units and Ford Vietnam with 2,392 units.

In the first quarter of the year, automobile turnover stood at 59,685 cars, rising 23 percent from the same period last year. The sales of passenger cars, commercial cars and special-purpose cars soared 6 percent, 55 percent and 57 percent.-VNA