Automobile sales rebound in May

As many as 23,232 cars were sold in May, up 6 percent from the previous month, according to the Vietnam Automobile Manufacturers’ Association on June 7.
Automobile sales rebound in May ảnh 1 Mazda3 is among five best-sellers in May (Source: VNA)

Hanoi (VNA) – As many as 23,232 carswere sold in May, up 6 percent from the previous month, according to theVietnam Automobile Manufacturers’ Association on June 7.

During the month, sales of tourist cars rose 20percent to 12,915 units while sales of commercial vehicles fell 6 percent to9,005 units and specialised vehicles plummeted 22 percent to 1,312 units.

While domestically assembled cars saw a rise of only1 percent in sales to 16,656 vehicles, imported car sales shot up 20 percentfrom the previous month to 6,576 units.

The increase was attributed to big discountsoffered from renowned carmakers like Hyundai Thanh Cong, Truong Hai JSC (Thaco)Toyota, Honda, and Nissan Vietnam.

Thaco led the market with total sale of 8,263units, accounting for 37.9 percent of the market share. It was followed byToyota Vietnam with 5,151 units, making up 23.9 percent; and Ford Vietnam with2,451 units, or 11 percent.

In the first five months of 2017, totalautomobile revenue dropped 1 percent year on year. The sales of tourist carsclimbed 6 percent while those of commercial and specialised vehicles fell 9 percentand 19 percent, respectively. 

While the domestically assembled vehicles decreasedby 7 percent in sales, the imported cars surged 16 percent year on year.-VNA
VNA

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