14:43 (GMT +7) - Friday 24/05/2019

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Toyota's April sales decline

Released at: 15:33, 14/05/2019

Toyota's April sales decline

Photo: Toyota

Monthly figures down against April 2018.

by Doanh Doanh

Toyota Motor Vietnam (TMV) had announced total sales in April of 4,188 units (excluding Lexus models), down some 1 per cent against the same period of 2018. Its sales accounted for 27 per cent of those by members of the Vietnam Automobile Manufacturers’ Association (VAMA). The Vios, Innova, and Fortuner were among the best-selling models of all members.

Total sales of completely-knocked-down (CKD) models fell sharply year-on-year. Vios sales were 1,115 units, down 46 per cent after accounting for nearly 50 per cent of total CKD sales in April last year and a market share of 42 per cent.

The Corolla Altis and Camry both saw sales decline during the month, with Corolla Altis reaching just 190 units, down 60 per cent year-on-year, and the Camry 169 units (including 91 CKD models and 78 completely-built-up (CBU) models), down 76 per cent in CKD models. Innova sales were only 785 units, down 40 per cent but still accounting for a 90 per cent market share in the medium MPV segment. Total CKD sales were 2,181.

Total sales of Toyota’s imported vehicles reached 2,007 in April, with 1,032 being the Toyota Fortuner, which represented 53 per cent of total sales of TMV’s CBUs and with a market share of 55 per cent in its segment, while the Wigo, Yaris, and Hilux saw sales of a modest 367, 105, and 242 units.

According to the latest VAMA report, total industry sales in April stood at 21,021 units, of which 14,362 units were passenger cars, 6,079 commercial vehicles, and 580 special-purpose vehicles. Passenger cars were down 36 per cent against March, commercial vehicles 32 per cent, and special-purpose vehicles 33 per cent. CKD volumes totaled 14,047, down 29 per cent compared to March, while CBUs totaled 6,947, down 44 per cent.

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