09:19 (GMT +7) - Sunday 11/12/2016

Business

Auto sales back on track

Released at: 16:48, 09/10/2015

Auto sales back on track

After falling sales in some categories, all types of motor vehicles had a good September.

by Son Ho

Automobile sales stood at 21,366 units in September, an increase of 17 per cent against August and 32 per cent compared to September last year, according to a recent report from the Vietnam Automobile Manufacturers’ Association (VAMA).

Passenger cars saw sales of 12,789 units, 24 per cent higher than in August. Year-to-date sales were 94,877 units, 53 per cent higher than in the same period of 2014. The number of commercial vehicles sold reached 7,594, up 5.9 per cent. Sales of commercial vehicles in the first nine months were at 59,944 units, up 71 per cent year-on-year. After a few months of continuous decline in sales, special purpose vehicles finally recorded an increase, of 29.5 per cent against August, with 983 units sold. Sales in the first nine months reached 8,622, a huge 130 per cent increase compared to the same period of 2014.

The volume of completely-knocked-down (CKD) motor vehicles was 15,936, an increase of 18 per cent against August. CKD sales so far this year have reached 121,203, 52 per cent higher than in the same period of 2014. The number of completely-built-up (CBU) units sold stood at 5,430, up 15 per cent compared to August. Year-to-date sales were at 42,240, up a healthy 57 per cent year-on-year.

The best-selling vehicle in September was Thaco’s K3000 light truck, with 1,351 units. In the passenger car segment Thaco’s Kia Morning still led the way.

Mr. Nguyen Thanh Tuan, a car showroom owner in Hanoi, said the Kia Morning has appeared in larger numbers over the last five to seven years and the reason lies in its competitive price and solid usability. “For around VND400 million ($18,000), people can own a new, fuel efficient car with a modern design that is easy to drive on Vietnam’s streets,” he said. “Its design is suitable for most people, regardless of gender, age, or size.” He added that although it’s considered a small vehicle it still have five seats, making it convenient for ferrying families or friends around the city or even on long trips.

Thaco's Kia Morning

  • TAGS
  • VAMA
  • automobile

User comment (0)

Send comment