Auto sales recommence growth
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.