Car sales last year fell 6 per cent against the previous year to 112,224 units due to the ongoing effects of the economic crisis, according to the Viet Nam Automobile Manufacturers’ Association.

Many motorbike stores have raised their prices to squeeze more money out of customers, as the demand for motorbikes has increased sharply as the year ends.

Honda Vietnam is being urged to drive for protecting consumers. The Vietnam Standard and Consumers Association (VSCA) recently criticised that Honda Vietnam (HVN) had done nothing to protect Vietnamese consumers. The criticism came as prices of HVN’s automatic gear motorbikes had rocketed over the past three months.

Car sales this month have already tripled those in November last year, with customers looking to avoid a new registration fee that becomes effective later this year.

Car sales this month have already tripled those in November last year, with customers looking to avoid a new registration fee that becomes effective later this year.

Toyota Tsusho Saigon Motor Service Corp., also called Toyota Hung Vuong, is currently a leading dealer and service supplier for Toyota cars in Vietnam. It was established in December 1996 and is situated at a favorable place in Ho Chi Minh City’s District 6, with more than US$2.4 million in capital.

Nissan Vietnam Co. Ltd. (NVL) announced the launch of the all-new Nissan NAVARA, a 5-seater Premium Sports Utility Truck (SUT). This tough and rugged SUT is the 2nd model introduced into Vietnam in 2010 by NVL and will be sold by the entire Nissan nationwide dealership network with showrooms located in Hanoi, Ho Chi Minh City, Da Nang and Bien Hoa respectively.

International car firms are pushing the introduction of complete built automobiles into Vietnam.

Despite the economic difficulties, the super-scooter market in Vietnam remains hot with more and more new luxury models launched onto the market and the increasing purchasing power of consumers.

The domestic automobile market is predicted by the Viet Nam Automobile Manufacturers’ Association (VAMA) to be sluggish for the remainder of the year.