Motor Show sets sales record

More than 560 sales contracts were signed during the five-day Vietnam Motor Show 2014 (VMS) in Ho Chi Minh City last week, double the number of the 2013 show, according to the event's organising board.
More than 560sales contracts were signed during the five-day Vietnam Motor Show 2014(VMS) in Ho Chi Minh City last week, double the number of the 2013 show,according to the event's organising board.

The figure, a recordin comparison with that of the previous years, is seen as a good sign ofthe recovery being made by the domestic automobile industry.

Mostof the contracts fell into the hands of the producers and distributorsof luxury and high-value models, such as the Mercedes S500 Coupe, AudiA3 Sportback and Audi A7 Sportback, besides the Lexus GX460, BMW 428iGran Coupe and MINI Cabriolet Cooper.

Companies that assemble themodels locally and the official distributors of 18 brands of vehiclesparticipated in the show, the country's biggest automobile event, whichalso attracted nearly 162,000 visitors.

The exhibition showcasedthe latest auto models, spare parts and accessories and interiormaterials, as well as insurance, finance and banking in hundreds ofpavilions, providing a whole range of experiences to car owners inVietnam.-VNA

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