Business

Motorbike sales surge 9.5 percent in 2016

The sales of motorbikes exceeded 1,676,800 units in the second half of 2016, raising this year’s total number to over 3.12 million, up 9.5 percent from 2015.
Motorbike sales surge 9.5 percent in 2016 ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA) – The sales of motorbikes exceeded1,676,800 units in the second half of 2016, raising the year’s total number toover 3.12 million, up 9.5 percent from 2015.

The Vietnam Association of Motorcycle Manufacturers (VAMM)reported that its members, namely Honda, Piaggio, Suzuki, SYM and Yamaha,produced 55 models during the year.


Honda Vietnam (HVN) accounted for 70 percent of the market share withthe sales of over 2.14 million units, up 7 percent from the previous year.

According to the Ministry of Industry and Trade, the country’s motorbikeoutput exceeded 3.39 million units, up 3.2 percent from 2015.-VNA
VNA
#VAMM#motorbike sales#Honda#Piaggio
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