Auto sales surge 40 pct
In this article (5)
Auto sales in the first six months rose 40 percent year-on-year to 150,481 units, according to Vietnam Automobile Manufacturers Association (VAMA).
Passenger vehicles saw sales rise 37 percent in the period, while commercial vehicles grew 48 percent and special-purpose vehicles, 68 percent.
Local brand Truong Hai Auto Corporation retained the top spot with 51,685 units, up 51 percent.
Toyota saw sales growing 16 percent to 29,239 units, while the figures for Mitsubishi were 45 percent and 14,915 units.
Honda and Ford made up the rest of the top five.
The best-selling car model in the first six months was the hatchback VinFast Fadil, followed by two sedans, Hyundai Accent and Toyota Vios.
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.What was the total number of vehicles sold in the first six months of this year?
What was the total number of vehicles sold in the first six months of this year?
A total of 150,481 units were sold in the first six months. This represents a 40 percent increase compared to the same period in the previous year, according to VAMA.
Q.Which specific vehicle categories saw the largest sales growth during this period?
Which specific vehicle categories saw the largest sales growth during this period?
Special-purpose vehicles experienced the highest growth, increasing by 68 percent. Commercial vehicles also saw significant growth, with sales rising by 48 percent in the first six months.
Q.What was the total decline in auto sales last year, and what caused it?
What was the total decline in auto sales last year, and what caused it?
Auto sales fell by 8 percent last year, reaching 296,634 units in total. The decline was attributed to the Covid-19 pandemic, which negatively impacted people's incomes and discretionary spending.
Reader pulse
Will Vietnam's auto sales maintain this growth?
18,099 votes so far