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Auto sales fall monthly, rise yearly

Released at: 14:56, 12/03/2015

Auto sales fall monthly, rise yearly

February sales less than January by higher year-on-year.

by Doanh Doanh

Motor vehicle sales fell in February by 38 per cent against January but were up by 69 per cent compared to last February, according to figures from the Vietnam Automobile Manufacturers’ Association (VAMA).

Sales totaled 12,329 units, of which 8,899 were passenger cars and 3,430 were commercial vehicles. Passenger car sales were down 35 per cent against January and commercial vehicles were down 46 per cent. Sales of completely-knocked-down (CKD) vehicles were 7,941, a 41 per cent decline compared to January, while completely-built-up (CBU) sales stood at 4,415 units, down 32 per cent against January.

In February, Toyota Motor Vietnam (TMV) recorded vehicle sales of 2,868 units, an increase of 83 per cent (1,298 units) compared with February last year, in which the northern region accounted for 1,401 units (49 per cent), the central region 394 units (14 per cent), and the southern region 1,073 units (37 per cent). With TMV’s efforts to maximize production to meet customer demand before the Tet holiday, this was its highest sales volume ever for the month of February, despite the long holiday.

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