Hanoi (VNA) - Over15,700 automobiles of various models were sold in Vietnam in January, down 52percent monthly, according to the VietnamAutomobile Manufacturers’ Association (VAMA).
Of thefigure, more than 5,900 came from TC Motor (Hyundai Thanh Cong), whichsurpassed Toyota to become the top seller for the first time. It was followedby Toyota with 3,923 units, Kia 1,972, Honda 1,916, Mazda 1,871, Mitsubishi1,670, and Ford 1,268.
Over12,800 units were passenger cars, down 48 percent; 2,757 commercial vehicles,down 65 percent; and 223 special-purpose vehicles, down 41 percent fromDecember 2019.
Sales ofdomestically-manufactured automobiles neared 9,600 units, down 51 percent whileimported ones dropped by 54 percent with 6,188 units.
Experts haveforecast that Vietnam’s car market will grow from February.
GeneralDirector of Ford Vietnam Pham Van Dung said the market will maintain a growthof 10-20 percent this year thanks to abundant supply and various promotionalprogrammes./.
Automobile sales decrease in August
Sales of automobiles saw a month-on-month decline of 19 percent to about 21,480 vehicles in August, according to the Vietnam Automobile Manufacturer Association (VAMA).