Vietnam’s 2018 monthly car sales highest in October
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October sales of 28,899 cars made it the best month of the year so far, according to Vietnam Automobile Manufacturers’ Association (VAMA). This was 3,811 cars more than the 25,088 sold in September or a 15 percent rise, a VAMA report says.
October sales of passenger cars by VAMA members climbed 25 percent month-on-month to 21,288.
During the same period, sales of commercial vehicles dropped 7 percent to 7,096 and that of special-purpose vehicles were up 31 percent to 515, the report says.
While 17,599 domestically assembled cars were sold in October, up 2 percent, the number of imported completely built units (CBUs) sold was 11,300, up 46 percent over September.
Toyota remained the leading brand last month, with sales rising 30 percent over the previous month to 8,426 units.
Truong Hai (Thaco) group, local assembler and distributor of brands such as Kia, Mazda, Peugeot and Hyundai, and a significant player in the commercial vehicle segment, reported a 29.2 percent rise over September in group sales to 8,175 units.
Compared to September, Ford’s sales were 9.2 percent higher at 2,574 units; while Honda sales rose 12.4 percent to 3,475 units.
In the first 10 months of the year, VAMA members sold a total of 223,326 vehicles, up one percent over the same period last year.
Questions & Answers
Q.What was the total number of vehicles sold by VAMA members in Vietnam during October?
What was the total number of vehicles sold by VAMA members in Vietnam during October?
VAMA members sold a total of 28,899 cars in October. This figure represents the highest monthly sales recorded so far in the year 2018.
Q.Which specific vehicle categories saw an increase in sales during October compared to September?
Which specific vehicle categories saw an increase in sales during October compared to September?
Passenger car sales increased by 25 percent, and special-purpose vehicle sales were up by 31 percent. Sales of imported completely built units also rose significantly by 46 percent.
Q.What was the year-on-year sales growth for VAMA members over the first ten months of 2018?
What was the year-on-year sales growth for VAMA members over the first ten months of 2018?
For the first ten months of the year, VAMA members sold 223,326 vehicles in total. This represented a one percent increase compared to the same period in the previous year.
Q.Which automotive brand maintained its position as the top seller in Vietnam during October?
Which automotive brand maintained its position as the top seller in Vietnam during October?
Toyota remained the leading brand, with sales increasing by 30 percent over the previous month. They sold a total of 8,426 units in October.
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