Automobile sales totalled just over 11,700 units in April, down 39 percent against March, the Vietnam Automobile Manufacturers’ Association (VAMA) reported on May 12.
Hanoi (VNA) - Automobile sales totalled just over 11,700units in April, down 39 percent against March, the Vietnam AutomobileManufacturers’ Association (VAMA) reported on May 12.
Of the sold vehicles, more than 7,700 were passenger cars, down 40 percent,while over 3,600 were commercial vehicles and 313 were special-purposevehicles, down 36 percent and 16 percent, respectively.
Sales of domestically-assembled vehicles reached 7,400 units, down 38 percent,while sales of imported vehicles were down 40 percent to 4,361.
During the first four months of the year, VAMA members sold a tota𒈔l of 64,100units, down 36 percent year-on-year. Sales of domestically-assembled andimported vehicles slumped 33 percent and 𒁏40 percent, respectively.
However, the figures were not complete, as many makers did notdisclose their sales.
Data from VAMA and TC Motor - the representative of Hyundai Thanh Cong and nota member of VAMA - show that the best-selling car brand remained Toyota, with2,803 units, followed by TC Motor with 2,206, Mazda with 1,329, Kia with 1,118,Mitsubishi with 876, Honda with 834, and Ford with 702.
The domestic auto𝔍 market is expected to begin to recover in May if COVID-19 isbrought under control, albeit at a modest r🌟ate./.
Members of the Vietnam Auto Manufacturers’ Association (VAMA) reported a year-on-year sales surge of 12 percent in 2019, riding on hefty festive discounts and promotional programmes.
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Vietnam Automobile Manufacturers’ Association (VAMA) has proposed the Government reduce value-added tax (VAT) and registration fees for car customers by 50 percent, reports vietnamnet.vn.
TC Motor has said that it will halt vehicle production in the northern province of Ninh Binh from April 1 to 15 over concerns of the COVID-19 pandemic.
Toyota Vietnam and Honda Vietnam posted the best car sales in March among members of the Vietnam Automobile Manufacturers Associations (VAMA) though both reported year-on-year drops in this regard.
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Illustrative image (Photo: VNA) 
