In the third quarter 2023, VAMM members including Honda, Piaggio, Suzuki, SYM and Yamaha Motor Vietnam reported selling a total of 610,635 motorcycles of all types, a 3.69 per cent increase compared to the previous quarter.
Viet Nam’s motorcycle market stumbled in the first three months of 2023 as demand ped. The market had an impressive 2022 with sales of 3.38 million units following a two-year slump due to the COVID-19 pandemic.
Viet Nam’s motorcycle market saw a year-on-year slump of 5.3 per cent with nearly 1.5 million sales in the first half of this year, according to motorcyclesdata.com which tracks motorcycle sales all around the world.
