Vietnam’s Q1 car sales jump 30 Pct Y/Y

Car sales in Vietnam in the first quarter jumped 30% from the same period last year to 27,896 units, while a Vietnamese car maker surpassed Toyota in sales last month, the Vietnam Automobile Manufacturers’ Association (VAMA) said on Wednesday.

The number of cars sold in March alone increased 1% from a year earlier to 9,513, the association said in its monthly report. The data did not contain figures from Vinamotor, although VAMA gave no explanation.

Sales by the Vietnamese firm Truong Hai, which assembles vehicles including South Korean KIAs, exceeded Toyota’s for the first time, reaching 3,085 units in March, up 29.9% from a year ago , the report said.

Toyota sold 2,357 units during the month, it said. – Reuters

Posted by VBN on Apr 13 2011. Filed under Automotive. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry