Car sales surge 21% in first half of 2019

Wednesday, 2019-07-10 16:36:20
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Car sales reached 281,473 units during the January-June period, a year-on-year rise of 21%. (Photo: VnEconomy)
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NDO/VNA – Car sales reached 281,473 units during the January-June period, a year-on-year rise of 21%, the Vietnam Automobile Manufacturers’ Association (VAMA) reported on July 9.

As many as 113,115 passenger cars were sold in the period, up 35% from the same time last year. Meanwhile, sales of commercial and special-purpose vehicles experienced fell 1.5% and 32% to 38,071 units and 3,047 units, respectively.

In stark contrast with the sales of domestically-assembled cars which dropped 14% year on year to 91,731, that of imported units shot up 203% to 62,542.

Automobile sales in June picked up 0.1% on strong discounts and various promotional programmes. As many as 27,520 units were sold, including 20,287 passenger, 6,649 commercial and 584 special-purpose cars.

VAMA said that the figures do not reflect the country’s entire automobile market, as they did not include sales of other manufacturers that are not VAMA members such as Audi, Jaguar, Land Rover, Mercedes-Benz, Subaru, Volkswagen, Volvo, and Hyundai Thanh Cong.

Hyundai Thanh Cong alone sold 35,723 vehicles of all kinds in the six-month period.

According to experts, the auto market registered a modest expansion as customers are waiting for new models of Suzuki, BMW and Mercedes-Benz, among others, to be rolled out in July.

Many customers have ordered VinFast’s Lux sedan and Lux SUV, and they will receive their cars at the end of July, thus affecting VAMA’s car sales in the first half.

Besides, the Vietnam Motor Show 2019, to be held at the Saigon Exhibition and Convention Centre from October 23-27, will be a chance for local consumers to choose suitable cars from renowned brands like Audi, Ford, Jaguar, Honda, Land Rover, Lexus, Mercedes-Benz, Mitsubishi, Nissan, Suzuki, Volkswagen and Volvo.