November auto sales achieve year record
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Auto sales in November hit 36,359 units, the highest monthly number this year as Vietnam continues to contain Covid-19.
The figure exceeded that of last year by 22 percent, making November the third month to record year-on-year growth in 2020 after February and October as Covid-19 caused sales to slump in other months, according to data from Vietnam Automobile Manufacturers Association (VAMA).
Passenger cars accounted for 79 percent of sales, commercial vehicles nearly 20 percent, and special-purpose vehicles for the rest, data shows.
However, auto sales in the first 11 months still fell nearly 14 percent year-on-year due to deep plunges recorded in April and August after two major Covid-19 outbreaks.
Local brand Truong Hai Auto (Thaco) retained the top spot in the first 11 months with a 35.5 percent share of the market as sales rose two percent to 84,858 units.
It was followed by Toyota with 59,394 units, down 16 percent and Mitsubishi with 24,387 units, down nine percent. Ford and Honda rounded off the top five.
Last year, auto sales had risen 11.7 percent from 2018 to 322,322 units, according to VAMA.
Questions & Answers
Q.Which specific vehicle categories saw sales in November, and what percentage did each represent?
Which specific vehicle categories saw sales in November, and what percentage did each represent?
Passenger cars made up 79 percent of November's sales. Commercial vehicles accounted for nearly 20 percent, with special-purpose vehicles comprising the remaining portion of sales.
Q.Apart from November, which other months in 2020 experienced year-on-year sales growth?
Apart from November, which other months in 2020 experienced year-on-year sales growth?
November was the third month in 2020 to show year-on-year growth. The other two months that recorded an increase compared to the previous year were February and October.
Q.Which automotive brands were in the top three for sales during the first 11 months of the year?
Which automotive brands were in the top three for sales during the first 11 months of the year?
Truong Hai Auto (Thaco) held the top position with 84,858 units sold. Toyota followed with 59,394 units, and Mitsubishi was third with 24,387 units.
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