The Vietnam Automobile Manufacturers’ Association (VAMA) reported on March 11 that its members sold 17,616 vehicles in February, a month-on-month increase of 11 percent.
VAMA members sell 17,616 vehicles in February, up 11 percent from the previous month (Photo: VNA)
Hanoi (VNA) – The Vietnam AutomobileManufacturers’ Association (VAMA) reported on March 11 that its members sold 17,616vehicles in February, a month-on-month increase of 11 percent.
Sales of commercial and special-purpose ones surged 74 percent and 49percent respectively, to 4,812 and 333 units. Meanwhile, 12,471 passenger cars weresold in the month, down 3 percent.
Sales of domestically-assembled vehicles reached 11,697 units, up 22 percentwhile imported ones decreased by 4 percent to 5,919units.
Notably, TC Motor, which is not a member of VAMA, said it sold 4,332 vehiclesin February, lifting the total sales of automobiles in Vietnam in the month to21.948.
Toyota took the lead in February with 4,682 units. It was followed by TC Motor- 4,332, Kia - 1,833, Mazda - 1663, and Ford - 1,259.
General Director ofFord Vietnam Pham Van Dung said the automobile market is expectedto see a growth of between 10-20 percent in 2020 thanks to abundant supply andvarious promotional programmes./.
Members of the Vietnam Auto Manufacturers’ Association (VAMA) reported a year-on-year sales surge of 12 percent in 2019, riding on hefty festive discounts and promotional programmes.
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Nearly 400,000 cars were sold in the Vietnamese market in 2019 thanks to valuable gift and discount programmes, which were launched at the beginning of the year, said the Vietnam Automobile Manufacturers’ Association (VAMA).
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VAMA members sell 17,616 vehicles in February, up 11 percent from the previous month (Photo: VNA) 
