Toyota, Honda among best-selling car makers in March
Toyota Vietnam and Honda Vietnam posted the best car sales in March among members of the Vietnam Automobile Manufacturers Associations (VAMA) though both reported year-on-year drops in this regard.
Among VAMA members, Toyota Vietnam and Honda Vietnam enjoyed the best car sales in March (Photo: VNA)
Hanoi (VNA) – Toyota Vietnam and HondaVietnam posted the best car sales in March among members of the VietnamAutomobile Ma🦹nufa🍸cturers Association (VAMA) though both reported year-on-yeardrops in this regard.
Toyota Vietnam said it sold 5,143 automobiles, excludingLexus, in March, down 44 percent from the same period last year.
In particular, it recorded 3,543 domesticallyassembled vehicles sold, including Toyota Vios (2,293 units, down 28 percentyear on year), Toyota Innova (544 units, down 68 percent), Toyota Corolla Altis(226 units, down 19 percent), and Toyota Fortuner (656 units, down 19 percent).
Meanwhile, the sales of imported completely built vehicleslast month reached 1,600, including 420 Toyota Camry units (up 14 percent yearon year).
According to Honda Vietnam, it handed over 1,968automobiles to buyers in March, rising 40 percent from the previous month butstill falling 27 percent from the same period last year.
Its best-selling model was Honda CR-V with 564 unitssold, accounting for 29 percent of the total, followed by Honda City with 476units, 24 percent.
Among VAMA members and TC Motor, a brand of Hyundai Thanh Cong, Toyota Vietnam ranked firstin car sales last month, followed by TC Motor (5,086 units) and HondaVietnam./.
Vietnam Automobile Manufacturers’ Association (VAMA) has proposed the Government reduce value-added tax (VAT) and registration fees for car customers by 50 percent, reports vietnamnet.vn.
TC Motor has said that it will halt vehicle production in the northern province of Ninh Binh from April 1 to 15 over concerns of the COVID-19 pandemic.
Vietnam imported 14,523 cars in the first two months of 2020, representing a year-on-year plunge of 43.7 percent, according to the Ministry of Industry and Trade (MoIT).
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This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Among VAMA members, Toyota Vietnam and Honda Vietnam enjoyed the best car sales in March (Photo: VNA)
