14424
Vietnam Auto Market Grows
Economy, Auto

Vietnam Auto Market Grows

Vietnam’s new vehicle market continued to grow strongly in March, with sales jumping by over 63% to 15,201 units from 9,316 units a year earlier, according to data released by the Vietnam Automotive Manufacturers Association, Just-Auto reported on Monday.
First quarter sales increased by just under 69% to 40,834 units, from 24,177 units a year earlier, reflecting an acceleration in economic growth to over 6% in this period - driven by rising domestic consumption, exports and investment.
Cumulative sales of passenger cars, SUVs and MPVs combined increased by close to 64% to 24,164 units, from 14,757 units in the same period of last year. Commercial vehicle sales rose by 77% to 16,670 units, from 9,420 units previously.
Toyota was the leading brand over the three month period, with sales rising by over 46% to 10,872 units. The local Truong Hai (Thaco) group, which has a number of brands in its portfolio including Kia, Mazda, Peugeot and some less well known commercial vehicle brands, reported a 102% rise in first quarter sales 14,685 units.
Ford’s first quarter sales were up by 59% at 3,848 units while Honda’s volume rose 7% to 1,861 units.

 

Short URL : http://goo.gl/e92vBg

You can also read ...

The Airbus A320 family accounts for most of the narrow-body jets Iranian airlines have ordered in the past two years
Iranian airlines are placing massive orders for short- to...
With 31 holding companies from different fields of industries, services and commerce, Iran is the biggest participant in the 59th Damascus International Fair.
Iran can help Syria accelerate its reconstruction and...
MANN+HUMMEL Opens Tehran Office
German manufacturing company and leading global filtration...
Proposed Industries Minister Vows to Reform Forex, Bank Interest Rates
Mohammad Shariatmadari, industries, mining and trade minister-...
The Symbol sedan is expected to be produced in Iran in early 2018.
Two leading state-run carmakers, Iran Khodro and SAIPA, are...
Carpet Expo to Open  in Tehran
Tehran will host the 26th Iran Handmade Carpet Exhibition from...
Auto Parts Makers Visit Pakistan
Iran’s commercial attaché  in Islamabad led an economic...
Foreign Investment to Help Remedy Recession, Inflation
Iranian President Hassan Rouhani, who is beginning his second...

Trending

Googleplus