VOV.VN - Vietnamese domestic motorcycle production is estimated at around 3 million units per year, while Thailand has set a target of reaching motorcycle production capacity of 2.1 million units in 2023.
The Vietnam Association of Motorcycle Manufacturers (VAMM) has said its members sold 367,037 motorbikes in the third quarter of 2021, a year-on-year drop of 45.84%.
Honda Vietnam posted an 8.9% increase in retail sales of automobiles but a 16.9% drop in that of motorbikes in June, the firm announced on July 10.