Business

Sale of CBU cars up 114 percent in March

Sales of completely – built units (CBUs) increased 114 percent to reach 8,484 in March, according to the latest data released by Vietnam Automobile Manufacturer’s Association (VAMA).
Sale of CBU cars up 114 percent in March ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) – Salesof completely – built units (CBUs) increased 114 percent to reach 8,484 inMarch, according to the latest data released by Vietnam AutomobileManufacturer’s Association (VAMA).


More than 18,388 complete knock down (CKD) units were sold last month,up only 35 percent, said VAMA.

Total automobile sales in March rose 52 percent from the previous monthto nearly 27,000 units, despite people waiting for prices to furtherreduce.  

Of the total, 16,805 units were passenger cars, up 67 percent; 8,278units were commercial vehicles, up 31 percent; and 1,789 units werespecial-purpose vehicles, up 45 percent.

Domestic manufacturer Truong Hai Auto Corporation led VAMA members with9,468 units sold, occupying 45 percent of the country’s market share.

Second was Toyota Vietnam with 4,679 units, 20.5 percent of marketshare.

Ford Vietnam came third with 2,501 units, 11 percent of the marketshare.

Total automobile sales in thefirst quarter of 2017 experienced a year-on-year increase of 8 percent to 64,729units with passenger cars up 23 percent while commercial and special-purposes vehiclesdeclined by 10 and 13 percent respectively.

In addition, the number of CBUs sold expanded 41 percent while CKDsslid one percent.-VNA

VNA
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