Automobile sales in Việt Nam up 9 per cent in July

Wednesday, Aug 14, 2024 12:17

llustrative photo. —VNA/VNS Photo

Auto sales in Việt Nam in July increased nine per cent from the previous month to 28,920 units, the Việt Nam Automobile Manufacturers’ Association (VAMA) announced on Tuesday.

In terms of vehicle origins, 13,788 locally-assembled cars were sold in the month, up 6 per cent. Deliveries of completely-built units (CBUs) expanded 11 per cent to 15,132 over a month earlier.

During the seven-month span, VAMA members sold a total of 163,804 autos, a year-on-year rise of 1 per cent, with the sales of domestically produced units falling 12 per cent to 81,637 units and imported vehicles rising 19 per cent year-on-year to 82,167 units.

Car dealers are offering huge incentives for customers to promote sales in the 7th lunar month which started on August 4. The month is traditionally considered taboo by most Vietnamese for activities concerning large sums of money such as purchasing real estate and cars. — VNS

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