Vietnam auto sales fall 17% in Jan

Vietnam auto sales fell 10,424 units or 17% from December 2010 in the first month of 2011, despite increasing 48% on year

Vietnam auto sales fell 10,424 units or 17% from December 2010 in the first month of 2011, despite increasing 48% on year, the online newspaper DVT reported on February 17, citing the Vietnam Automobile Manufacturers’ Association (VAMA).

Commercial vehicles selling posted the highest on-month decrease of 34% or 3,581 units, and 4% on year.

Multi-purpose vehicles (MPV) dropped by 7% on month to 3,581 units, while the number of passenger cars declined by 0.1% to 4,069 units.

Toyota Vietnam sales led the market with 3,057 units, up 38% on month, followed by Truong Hai, domestic automaker with 2,264 units, up 175% on month. VinaStar posted a 100% sales increase from December 2010.

In opposite side, Vinacomin – Vinacoal showed the fasted fall of 96% on month.

Sales in the Northern market contributed 50% of total VMAM members’ sales with 5,000 units in January. – Stoxplus.com

Tags: Vietnam auto sales

Posted by VBN on Feb 17 2011. Filed under Automotive, Industry. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry