VAMM reports increasing motorcycle sales in Q2

Members of the Vietnam Association of Motorcycle Manufacturers (VAMM) sold a total of 667,360 motorcycles in the second quarter of 2021, a year-on-year rise of 28.65%.

Five VAMM members - Honda, Yamaha, Piaggio, Suzuki, and SYM - are producing and distributing nearly 100 models of motorbikes, from middle-end to high-end and luxurious vehicles.

Honda Vietnam, which is manufacturing and distributing 29 types of motorbikes, accounts for about 80% of the market share.

It sold 149,853 motorbikes in June, down 16.9% month on month and 14.2% year on year.

Wave Alpha was the bestseller, with 32,578 units, or 21.7% of the total, while Vision was the most popular scooter, with 38,542 units delivered, or 25.7%.

Besides domestic sales, some member units of VAMM also export their completed motorcycle products to many countries and territories.

Notably, Honda Vietnam exported 17,151 motorbikes to foreign markets.