Auto sales hit six-month high
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Vietnam auto sales reached 29,797 units last month, the highest since April, indicating demand recovery after prolonged social distancing.
This is the second monthly sales rise in a row after a chain of five dropping months from April to August when the fourth Covid-19 wave hit, according to a report by Vietnam Automobile Manufacturers Association (VAMA).
In the first 10 months, total sales hit 218,734 units, up nearly 3 percent year-on-year.
Truong Hai Auto (Thaco) continued to lead sales with 75,604 units in the period, up 6.3 percent year-on-year.
Toyota followed with 45,131 units, down 9.6 percent.
Mitsubishi, Ford, and Honda rounded out the top five.
In October, the best-selling model was the sedan Hyundai Accent with 3,346 units, followed by the pickup truck Ford Ranger.
Last year, sales had fallen by 8 percent to 296,634 units as the Covid-19 pandemic badly affected the economy, hitting people’s incomes and discretionary spending.
Questions & Answers
Q.Which auto manufacturer currently leads sales in Vietnam?
Which auto manufacturer currently leads sales in Vietnam?
Truong Hai Auto (Thaco) currently leads sales in Vietnam. They sold 75,604 units in the first 10 months, an increase of 6.3 percent year-on-year, maintaining their top position.
Q.What is the overall trend in auto sales for the first 10 months of this year compared to last year?
What is the overall trend in auto sales for the first 10 months of this year compared to last year?
Total auto sales for the first 10 months reached 218,734 units, showing an increase of nearly 3 percent year-on-year. This indicates a modest recovery compared to the previous year.
Q.How did last month's sales compare to previous months and the overall year?
How did last month's sales compare to previous months and the overall year?
Last month's sales of 29,797 units were the highest since April. This marks the second consecutive monthly rise after five months of decreases, suggesting a recovery in demand.
Q.Which specific car models were the best sellers in October?
Which specific car models were the best sellers in October?
In October, the Hyundai Accent sedan was the best-selling model with 3,346 units sold. The Ford Ranger pickup truck followed as the second best-selling model.
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