Vietnam’s May auto sales slip 0.7 percent year-on-year

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Vietnam’s total vehicle sales edged down 0.7 percent to 23,065 units in May from a year ago, the Vietnam Automobile Manufacturers’ Association (VAMA) said on Monday.
Sales by VAMA member-manufacturers edged up 2 percent to 22,374 units in May from the year-ago period, including commercial vehicles, passenger cars and special-purpose vehicles.
Vietnam’s Truong Hai Auto Corp, which assembles sedans, trucks and buses, led the sales in May, followed by Toyota Motor Corp.
May sales of passenger cars by VAMA members climbed 20 percent month-on-month, while commercial vehicle sales dropped 18 percent and special-purpose vehicles slumped 40 percent, VAMA said in a report.
Questions & Answers
Q.What was the total number of vehicles sold in Vietnam during May?
What was the total number of vehicles sold in Vietnam during May?
Vietnam's total vehicle sales reached 23,065 units in May. This figure represents a slight decrease of 0.7 percent compared to the same period in the previous year, as reported by VAMA.
Q.Which company sold the most vehicles in Vietnam during May?
Which company sold the most vehicles in Vietnam during May?
Vietnam's Truong Hai Auto Corp, which specialises in assembling sedans, trucks, and buses, led the sales in May. Toyota Motor Corp was the second-highest selling manufacturer in the market.
Q.How did sales of different vehicle types change for VAMA members in May?
How did sales of different vehicle types change for VAMA members in May?
Passenger car sales for VAMA members increased by 20 percent month-on-month. In contrast, commercial vehicle sales fell by 18 percent, and special-purpose vehicle sales saw a significant drop of 40 percent during May.
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