Auto sales climb 29% in April

(VOV) -Vietnam auto sales jumped 29% year-on-year as the auto industry sold more than 11,340 cars, trucks and multipurpose passenger vehicles in April, according to the Vietnam Automobile Manufacturers’ Association (VAMA).

This is the second month sales have surpassed 11,000 vehicles this year and represents the 13th consecutive month that sales have trended upwards and outpaced the prior year.

More than 41,300 cars, trucks and multipurpose passenger vehicles were sold over the past months representing a year-on-year increase of 48% and 24% for small cars and trucks, respectively.

VAMA reports that the auto industry is keeping on track to sell a record setting 125,000 units by the end of 2014.