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THE FIRST MONTHS OF 2018: QUANTITY OF DOMESTICALLY-ASSEMBLED CARS SURPASSED THAT OF IMPORTED CARS

Tuesday 12, 06 2018
In June 11, The Vietnam Automobile Manufacturers’ Association (VAMA) announced the sales report in May 2018. Whereby, there was totally 23,065 automobiles sold in may, up 9 % compared to that in April. However, this number decreased 6% in overall the
THE FIRST MONTHS OF 2018: QUANTITY OF DOMESTICALLY-ASSEMBLED CARS SURPASSED THAT OF  IMPORTED CARS
In June 11, The Vietnam Automobile Manufacturers’ Association (VAMA) announced the sales report in May 2018. Whereby, there was totally 23,065 automobiles sold in may, up 9 % compared to that in April. However, this number decreased 6% in overall the first five months in 2018.

Of the total car sold in May, there was 15,187 passenger cars, up 13%; 6,890 commercial vehicles, down 8%; and 778 Special - Purpose vehicles, dropped 36% compared to the previous month.




 
Domestically-assembled cars reached 19,467 vehicles, up 9% while the number of imported vehicles were 3,598 units, up 12% compared to the previous month.

Generally, the total sales of the entire Vietnamese automobile market in the first five months of 2018 reached 103,746 vehicles up 6% y.o.y. In particular, passenger cars increased 6%, commercial vehicles decreased 19% and Special - Purpose vehicles 37% y.o.y.

Domestically-assembled cars sold in the first five months of 2018 reached 87,426 vehicles, up 10% y.o.y, imported vehicles only 16,320 vehicles, down 46% due to not completed the procedures required by Decree 116/2017 / ND-CP.

Businesses are still trying to complete the procedures required by Decree 116/2017 / ND-CP to import vehicles for distribution in the coming time. It is expected that in the end of June and early July there will be more models such as: Toyota, Ford, Chevrolet, Suzuki ... will be imported to Vietnam.

 
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Business

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