Auto sales down by one third

(VOV) - The Vietnam Association of Automobile Manufacturers (VAMA) has reported 2012’s automobile sales fell by 33 percent compared to the previous year.

Despite a monthly increase of 4 percent, December’s sales totaled 9,983 units - 22 percent lower than during the same period in 2011.

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The VAMA said the downwards trend was also reflected in revenue earned from trucks and four-seat sedans.

The association said that more than 7,700 units were assembled domestically in December 2012.

There was also a sharp increase in imported vehicles (2,282 units), up 28 percent on the previous month.