Sale of CBU cars up 114 percent in March

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 month
to nearly 27,000 units, despite people waiting for prices to further
reduce.
Of the total, 16,805 units were passenger cars, up 67 percent; 8,278 units were commercial vehicles, up 31 percent; and 1,789 units were special-purpose vehicles, up 45 percent.
Domestic manufacturer Truong Hai Auto Corporation led VAMA members with
9,468 units sold, occupying 45 percent of the country’s market share.
Second was Toyota Vietnam with 4,679 units, 20.5 percent of market
share.
Ford Vietnam came third with 2,501 units, 11 percent of the market
share.
Total automobile sales in the
first quarter of 2017 experienced a year-on-year increase of 8 percent to 64,729
units with passenger cars up 23 percent while commercial and special-purposes vehicles
declined by 10 and 13 percent respectively.
In addition, the number of CBUs sold expanded 41 percent while CKDs
slid one percent.-VNA