Auto sales recommence growth
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Vietnam’s auto sales in March returned to growth with a 17 percent increase year-on-year to 36,962 units after two consecutive months of decline, according to Vietnam Automobile Manufacturers Association (VAMA).
The figure was highest this year and brought sales in the first quarter to 90,506 units, up 27 percent year-on-year, said VAMA, which does not incorporate data of VinFast and TC Motor (assembler of Hyundai cars).
Most top-selling brands posted a double-digit increase in sales compared to March last year.
Truong Hai Auto Corporation (Thaco) led with 13,295 units sold, up nearly 33 percent year-on-year.
Toyota sold 7,977 units, up 22 percent.
Mitsubishi and Honda followed with 3,675 units and 3,604 units respectively.
Visuco (Suzuki) saw sales declining by 0.8 percent, while Ford’s sales plunged 45 percent.
With data from all brands included, the hatchback VinFast Fadil was the top-selling model in Vietnam last month at 2,567 units. It was followed by the SUV Toyota Corolla Cross and the sedan Toyota Vios.
Questions & Answers
Q.Which brands experienced a decline in sales in March, despite the overall market growth?
Which brands experienced a decline in sales in March, despite the overall market growth?
Visuco (Suzuki) saw its sales decrease by 0.8 percent. Ford experienced a significant plunge in sales, declining by 45 percent compared to March last year.
Q.What was the total volume of auto sales for the first quarter, and how does this compare to the previous year?
What was the total volume of auto sales for the first quarter, and how does this compare to the previous year?
Total auto sales for the first quarter reached 90,506 units. This figure represents a 27 percent increase year-on-year, according to VAMA's data.
Q.Which specific car models were the best sellers in Vietnam last month, considering all brands?
Which specific car models were the best sellers in Vietnam last month, considering all brands?
The VinFast Fadil hatchback was the top-selling model with 2,567 units. It was followed by the Toyota Corolla Cross SUV and the Toyota Vios sedan.
Q.Are the sales figures from all automotive brands included in the VAMA report?
Are the sales figures from all automotive brands included in the VAMA report?
No, the VAMA figures do not incorporate sales data from VinFast and TC Motor, which assembles Hyundai cars. Other top-selling brands are included.
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