Sales of locally-assembled cars down, imported cars sharply up

by ,http://vietnamnews.vn/economy/518598/sales-of-locally-assembled-cars-down-imported-cars-sharply-up.h11 April 2019 Last updated at 17:41 PM

The sale of domestically-assembled cars in the first quarter of this year decreased by 8 per cent year-on-year to more than 46,250 units, while sales of imported cars sharply increased by 234 per cent to nearly 32,000 units, according to the latest report issued by the Vietnam Automobile Manufacturers’ Association (VAMA).

 

 

In the first quarter of this year, the sale of imported cars increased by 243 per cent year-on-year, said VAMA. Photo vneconomy.vn

The report showed that VAMA members sold a total of 78,250 cars during the period, up 31 per cent year-on-year, in which the volume of passenger cars rose 48 per cent and commercial cars 1 per cent, while special-purpose vehicles fell by 32 per cent.

Toyota branded cars led in sales with nearly 18,970 units, followed by Hyundai Thành Công, Mazda, Honda and Kia, with 16,790 units, 9,500 units, 8,690 units and 7,500 units, respectively. — VNS