November auto sales dip after four months of growth
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November auto sales posted a decline from October after four consecutive months of growth, but sales for the year so far still achieved double-digit growth.
It was reported that 36,371 units were sold among members of the Vietnam Automobile Manufacturers Association (VAMA) last month, down 0.51% from the previous month.
In the first 11 months, sales climbed 43% year-on-year to 369,334 units.
Truong Hai Auto Corporation (Thaco) led with 123,140 units sold, up 38% year-on-year.
The company was followed by Toyota, with 81,491 units, and Mitsubishi, 36,805 units.
Honda and Ford rounded off the top five.
Last month automaker VinFast shipped its first batch of 999 electric cars to the U.S.
The company expects to sell 750,000 electric vehicles annually by 2026.
Questions & Answers
Q.Which company sold the most units in the first eleven months of the year?
Which company sold the most units in the first eleven months of the year?
Truong Hai Auto Corporation (Thaco) led the sales for the first eleven months. They sold 123,140 units, representing a 38% increase compared to the previous year. This placed them ahead of other major manufacturers.
Q.How did November's auto sales compare to the previous month and the year-to-date figures?
How did November's auto sales compare to the previous month and the year-to-date figures?
November auto sales saw a 0.51% decline from October, ending four months of growth. However, sales for the year so far still achieved double-digit growth, climbing 43% year-on-year to 369,334 units.
Q.What is VinFast's long-term sales target for electric vehicles?
What is VinFast's long-term sales target for electric vehicles?
VinFast aims to sell 750,000 electric vehicles annually by 2026. This is an ambitious target, especially following their recent shipment of 999 electric cars to the U.S. Market.
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