Automobile sales in Vietnam up 9% in July
Auto sales in Vietnam in July increased 9% from the previous month to 28,920 units, the Vietnam Automobile Manufacturers’ Association (VAMA) announced on August 13.
In terms of vehicle origins, 13,788 locally-assembled cars were sold in the month, up 6%. Deliveries of completely-built units (CBUs) expanded 11% to 15,132 over a month earlier.
During the seven-month span, VAMA members sold a total of 163,804 autos, a year-on-year rise of 1%, with the sales of domestically produced units falling 12% to 81,637 units and imported vehicles rising 19% year-on-year to 82,167 units.
Car dealers are offering huge incentives to customers to promote sales in the 7th lunar month which started on August 4. The month is traditionally considered taboo by most Vietnamese for activities concerning large sums of money such as purchasing real estate and cars.
