Auto sales down 35 percent in April
The Vietnam Automobile Manufacturer Association (VAMA) reported on May 13 that its members sold 21,021 vehicles in April, a decrease of 35 percent against the previous month.
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| Illustrative image (Photo: VNA) |
Sales of tourist, commercial, and specialised vehicles dropped 36 percent, 32 percent, and 33 percent, respectively.
Domestically-assembled car sales in the month faced a drop of 29 percent and imported vehicles registered a reduction of 44 percent.
In the first four months of this year, total number of vehicles sold by VAMA members went up 23 percent year-on-year to 99,273 units. Sales of tourism vehicles increased 38 percent, while commercial and specialised cars experienced drops of 1 percent and 40 percent.
The total number of vehicles sold between January and April excluded 22,968 units from Hyundai Thanh Cong, which is not a member of VAMA.
During the reviewed period, Toyota led the market with 23,155 vehicles. It was followed by Hyundai Thanh Cong with 22,968 units, Mazda with 12,105 cars, and Honda with 10,443 cars.
