Auto sales up 21 pct in 2021
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Auto sales in the first two months of the year jumped by 21 percent to 40,017 units.
Passenger vehicles dominated sales at 71 percent, according to the Vietnam Automobile Manufacturers Association.
Local company Truong Hai Auto (Thaco) led the market with 14,964 units representing a 39 percent year-on-year increase.
It was followed by Toyota (6,848), and Mitsubishi (4,605).
Honda and Ford rounded off the top five.
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 auto units sold in the first two months of the year?
What was the total number of auto units sold in the first two months of the year?
In the first two months of the year, auto sales reached 40,017 units. This figure represents a 21 percent increase compared to the previous period.
Q.Which company was the market leader in auto sales during this period?
Which company was the market leader in auto sales during this period?
The local company Truong Hai Auto (Thaco) led the market. They sold 14,964 units, which was a 39 percent increase year-on-year for the company.
Q.How did last year's auto sales compare to the current figures?
How did last year's auto sales compare to the current figures?
Last year, auto sales fell by 8 percent to a total of 296,634 units. This decline was attributed to the negative impact of the Covid-19 pandemic on the economy and consumer spending.
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