Auto sales rise 3rd month in a row
Auto sales in Vietnam went up for the third month in a row with 30,846 units sold in August, up 247% from the low base in the same month last year. Sales were highest since May when over 43,800 units were sold, according to data from Vietnam Automobile Manufacturers Association (VAMA).
But it rose only 2% month-on-month, against 20% in July.
The most popular car sold in August was the MPV Mitsubishi Xpander at 2,842 units.
For the first eight months, 262,940 cars were sold in Vietnam, up 49.9% year-on-year.
Truong Hai Auto Corporation (Thaco) led in sales in the period at 93,347 units, up 54% year-on-year.
The three following brands, Toyota, Mitsubishi and Honda, all posted double-digit growth in sales.
Ford ranked fifth with a sales decline of 6.7%.