Mercedes-Benz H1 sales in VN grow by 60%

Monday, Jul 24, 2017 11:57

GLS sport utility vehicle. — Photo mercedes-benz.com.vn

Mercedes-Benz Vietnam (MBV) reported year-on-year growth of more than 60 per cent in automobile sales during the first half of 2017, its best performance in its 22 years in Viet Nam.

The firm sold a total of 2,900 cars during the period in spite of market fluctuation.

While many automakers are cutting prices of both affordable and luxury models sold in Viet Nam to boost demand, MBV still enjoyed high sales even with its prices ranging from VND1.34-14.45 billion.

The brand also appeared to not be much affected by the upcoming elimination of Viet Nam’s import tariff on ASEAN-made vehicles in early 2018 following the ASEAN Trade in Goods Agreement (ATIGA).

According to MBV, since the beginning of this year, the company has received over 100 orders for luxury model Mercedes-Maybach, with half of them delivered. The new-generation E-Class also saw good sales, with more than 600 units sold since its debut in late 2016. — VNS

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