Motorbike sales surge 9.5 percent in 2016
The sales of motorbikes exceeded 1,676,800 units in the second half of 2016, raising this year’s total number to over 3.12 million, up 9.5 percent from 2015.
Illustrative image (Photo: VNA)Hanoi (VNA) – The sales of motorbikes exceeded 1,676,800 units in the second half of 2016, raising the year’s total number to over 3.12 million, up 9.5 percent from 2015.
The Vietnam Association of Motorcycle Manufacturers (VAMM) reported that its members, namely Honda, Piaggio, Suzuki, SYM and Yamaha, produced 55 models during the year.
Honda Vietnam (HVN) accounted for 70 percent of the market share with the sales of over 2.14 million units, up 7 percent from the previous year.
According to the Ministry of Industry and Trade, the country’s motorbike output exceeded 3.39 million units, up 3.2 percent from 2015.-VNA
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