Sale of CBU cars up 114 percent in March
Sales of completely – built units (CBUs) increased 114 percent to reach 8,484 in March, according to the latest data released by Vietnam Automobile Manufacturer’s Association (VAMA).
More than 18,388 complete knock down (CKD) units were sold last month, up only 35%, said VAMA.
Total automobile sales in March rose 52% from the previous month to nearly 27,000 units, despite people waiting for prices to further reduce.
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Of the total, 16,805 units were passenger cars, up 67%; 8,278 units were commercial vehicles, up 31%; and 1,789 units were special-purpose vehicles, up 45%.
Domestic manufacturer Truong Hai Auto Corporation led VAMA members with 9,468 units sold, occupying 45% of the country’s market share.
Second was Toyota Vietnam with 4,679 units, 20.5% of market share.
Ford Vietnam came third with 2,501 units, 11% of the market share.
Total automobile sales in the first quarter of 2017 experienced a year-on-year increase of 8% to 64,729 units with passenger cars up 23% while commercial and special-purposes vehicles declined by 10% and 13% respectively
In addition, the number of CBUs sold expanded 41% while CKDs slid 1%.
