Automobile sales in Vietnam posted a month-on-month increase of 20% and a year-on-year surge of 88% in July, the Vietnam Automobile Manufacturers’ Association (VAMA) reported on August 11.
Hanoi (VNA) - Automobile sales in Vietnam posted a month-on-monthincrease of 20% and a year-on-year surge of 88% in July, the Vietnam AutomobileManufacturers’ Association (VAMA) reported on August 11.
𓂃 The results show a strong rebound of the Vietnamese automobile market although the 50% registration fee reduction ended in late May.
VAMA has announced that thetotal sale by its members reached 30,254 vehicles in the month. Of this, thesale of passenger and commercial vehicles expanded by 30% and 1.8%,respectively; while that of special-purpose vehicles saw a decreaseof 57% compared to the previous month.
During the January – July period,VAMA's members sold a total of 232,094 vehicles, up 39% year-on-year.
Among the non-VAMA members, TC Motor supplied 5,792vehicles to the market in July, lifting its total sale in the first sevenmonths of this year to 42,189 units. Meanwhile, VinFast sold 16,832 automobiles during January –July.
Hyundai topped the list of sellers in July with 5,792units. It was followed by Toyota Vietnam, MitsubishiVietnam, Kia Vietnam and VinFast, with 5,565;4,245; 4,039 and 2,137 units, respectively.
💧 Insiderssaid with the gradual stability of global economic and political situation, andthe stable supply of spare parts and accessories for domestic vehicle assembling,the automobile supply and market will be further improved in the coming time./.
The Vietnam Automobile Manufacturers’ Association (VAMA) recently announced that its members’ March sale was 19,154 units, 8 percent higher than the figure recorded in February.
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The Vietnam Automobile Manufacturers’ Association (VAMA) said on July 13 that its members sold 25,159 vehicles in June, down 42% from the previous month.
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Illustrative image (Photo: VNA) 
