Vietnam’s April car sales fall 4 pct on-year

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Toyota remained the leading brand last month, with sales rising 3 percent from a year earlier to 4,234 units. Vietnam’s car sales fell slightly in April, declining 4 percent from a year earlier to 20,557 units, according to data released by the Vietnam Automotive Manufacturers Association (VAMA).
Sales in April were 2 percent lower than in March, VAMA said in a statement.
Toyota remained the leading brand last month, with sales rising 3 percent from a year earlier to 4,234 units.
Truong Hai (Thaco) group, the local assembler and distributor of brands such as Kia, Mazda, Peugeot and Hyundai and a significant player in the commercial vehicle segment, reported a 0.5 percent rise in group sales to 8,679 units in April.
Ford’s sales were 47 percent lower at 1,359 units in April while Honda sales rose four-fold to 2,815 units.
For the first four months of this year, total car sales in the country fell 2 percent from a year earlier to 79,115 units, VAMA said.
Questions & Answers
Q.What was the total volume of car sales in Vietnam for April?
What was the total volume of car sales in Vietnam for April?
Vietnam's total car sales for April reached 20,557 units. This figure represents a 4 percent decline compared to the same month last year and was 2 percent lower than March's sales.
Q.Which brands saw significant changes in their April sales figures?
Which brands saw significant changes in their April sales figures?
Toyota's sales increased by 3 percent to 4,234 units, maintaining its leading position. Honda experienced a four-fold sales rise to 2,815 units, while Ford's sales fell significantly by 47 percent to 1,359 units.
Q.How did Truong Hai (Thaco) group perform in April compared to last year?
How did Truong Hai (Thaco) group perform in April compared to last year?
Truong Hai (Thaco) group, a major distributor of brands including Kia and Mazda, reported a modest 0.5 percent increase in its group sales for April, reaching a total of 8,679 units.
Q.What is the year-to-date sales trend for Vietnam's car market?
What is the year-to-date sales trend for Vietnam's car market?
For the first four months of this year, total car sales in Vietnam declined by 2 percent compared to the same period last year. The cumulative sales volume reached 79,115 units.
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