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Vehicle sales down in August

Released at: 18:00, 08/09/2015

Vehicle sales down in August

August sales fell 10% against July but rose 45% compared to August last year.

by Hoai An

Motor vehicle sales reached 18,236 units in August, a fall of 10 per cent compared to July but 45 per cent higher than in August 2014, according to the latest report from the Vietnam Automobile Manufacturers’ Association (VAMA).

Passenger cars saw a decline in sales of 11.5 per cent against July, totaling 10,309, but were up 43 per cent against August last year. Sales of commercial vehicles reached 7,168, down 8.8 per cent compared to July but a significant 75 per cent higher than August 2014. Special-purpose vehicle sales also fell 8.1 per cent compared to July, with 1,083 units sold, but were a substantial 141 per cent higher year-on-year.

Source: VAMA

The volume of completely-knocked-down (CKD) motor vehicles stood at 13,516, a slight decline of 8.8 per cent against July but up 54 per cent against August last year. The number of completely-built-up (CBU) units sold stood at 4,732, down 9 per cent compared to July but up a healthy 67 per cent year-on-year.

Source: VAMA

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