21:42 (GMT +7) - Monday 15/10/2018


Auto sales down in February

Released at: 15:16, 09/03/2016

Auto sales down in February

Sales by VAMA members fall 49% against January.

by Hoai An

Motor vehicle sales by members of the Vietnam Automobile Manufacturers’ Association (VAMA) totaled 11,718 units in February, a fall of 49 per cent against January and 5 per cent compared to February 2015.

Passenger cars saw sales of 6,446 units in February, down 54 per cent against January. Sales of commercial vehicles stood at 4,599, down 44 per cent against January, while sales of special purpose vehicle in February fell 21 per cent against January, with 673 units sold. 

The number of imported completely-built-up (CBU) vehicles in February totaled 2,475, down 57 per cent against January, while 9,243 completely-knocked-down (CKD) vehicles were sold, or 46 per cent fewer than in January.

Thaco retained its position at the top of the market during February, selling 4,184 units for a market share of 40.8 per cent, 41 per cent higher than in February 2015 but down 53 per cent from January. Toyota followed with 2,367 units and a 22.8 per cent market share, while Ford was in third position with an 11.8 per cent market share for 1,524 units sold.

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