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Automobile market remains sluggish

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2012-0322
Vietnam’s automobile market looked gloomy in February, with domestically-assembled units dropping by 25 percent compared to the same period last year.

Economic downturn slows auto sales Suzuki to build automobile plant in Vietnam

According to the Vietnam Automobile Manufacture’s Association (VAMA)’s statistics, 6,116 cars were sold in February, showing a decrease of 25 percent compared to the same month of last year.

In February, the sale of trucks and commercial vehicles fell by 20 percent over last year’s corresponding period.

Honda Vietnam is at the bottom when only 14 Civic cars sold nationwide and imported CR-V and Accord staying put.

Toyota is taking the lead with 3,400 cars sold, followed by Truong Hai (2,700), and Vinaxuki (1,100). In the past two months, VAMA members sold 10,390 cars, a year-on-year decrease of 44 percent.
Source: VOV
Automobile market remains sluggish
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Other news ::.
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Saigon Autotech & Accessories 2012 to be held in HCMC (03/08)
Vietnam February car import to hit the lowest rate in 2 recent years (03/07)


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