July auto sales 2nd highest for year
By Aiko Tanaka
1 min read
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Auto sales jumped to 24,687 units in July, the second-highest monthly number this year behind only March.
The Vietnam Automobile Manufacturers Association (VAMA), which provided the data – excluding TC Motor and VinFast sales – said however sales were down 18.4% year-on-year.
The auto market has been going through a rough year amid low economic growth, with sales plummeting by 30% year-on-year in the first seven months to 162,000 units.
Toyota sold 3,800 cars, a 31% decline.