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Business

Auto sales continue upwards

Released at: 09:50, 07/08/2015

Auto sales continue upwards

VAMA reports increased sales in July against June and July 2014.

by Son Ho

Automobile sales stood at 20,349 units in July, an increase of 9 per cent against June and 61 per cent compared to July last year, according to a recent report from the Vietnam Automobile Manufacturers’ Association (VAMA).

Passenger cars saw sales of 11,647 units, 19.2 per cent higher than in June and up 45 per cent against July 2014, while the number of commercial vehicles sold reached 7,862, up 0.4 per cent and 76 per cent, respectively. Only special-purpose vehicles saw a decline in sales, of 22.4 per cent compared to June, to 840 units, but a significant increase of 128 per cent compared to July last year.

The volume of completely-knocked-down (CKD) automobiles reached 15,013 units, increases of 4 per cent against June and 56 per cent against July last year. The number of completely-built-up (CBU) units was 5,336 units, for increases of 26 per cent and 67 per cent, respectively.


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