Some Hyundai car models (Source: VNA)Hanoi (VNA) – Vietnam’sautomobile market recorded slight growth in 2021, data from manufacturersshowed.
The Vietnam Automobile Manufacturers Association(VAMA) reported that its members sold 304,149 units in 2021, rising 3 percentfrom the previous year, with passenger cars down 3 percent, commercial vehiclesup 17 percent, and special-purpose ones up 50 percent.
Among the sold vehicles, there were 168,357domestically assembled cars and 135,792 completely built-up (CBU) units, respectivelydeclining 10 percent and rising 24 percent year on year.
Apart from VAMA members, many other brandslike Audi, Jaguar Land Rover, Mercedes-Benz, Nissan, Subaru, Volkswagen, Volvo alsooperated in the market but didn’t reveal their business outcomes.
Added with statistics from TC Motorand VinFast, which are not members of VAMA, a total of 410,390 units were sold on the local market last year.
Hyundai remained the best-sellingbrand in 2021 with 70,518 units, followed by Toyota (67,533), Kia (45,532),VinFast (35,723), Mazda (27,286), Mitsubishi (27,243), Ford (23,708), and Honda(21,698).
After seven years of dominating themarket, Toyota Vios lost its top position as the best-selling model to VinFastFadil, with 24,128 units sold. The following places belonged to Hyundai Accent,Toyota Vios, Toyota Corolla Cross, and KIA Seltos.
Insiders said the sales of passenger anddomestically assembled vehicles in December grew 33 percent and 23 percent monthon month, which was driven by the halving of registration fees for domesticallyassembled cars since the month.
Facing that pressure, CBU importersalso cut down corresponding fees to boost sales./.
