Vietnam’s auto sales down 22pc in nine months

HANOI (XINHUA) – Vietnam’s total automobile sales in the first nine months of this year stood at 179,155 units, a year-on-year plunge of 22 per cent, the Vietnam Automobile Manufacturers Association said yesterday.

Specifically, sales of passenger cars declined 23 per cent to 130,324 units compared to the same period last year, those of commercial vehicles such as trucks and buses decreased 20 per cent to 46,183, and those of special-purpose vehicles fell 36 per cent to 2,648.
Sales of domestically assembled automobiles decreased 17 per cent, while those of imported ones stumbled 33 per cent, said the association.

In September alone, 27,252 automobiles were sold in the Vietnamese market, up 32 per cent against August this year, in which sales of passenger cars surged 34 per cent to 20,630 units, those of commercial vehicles such as trucks and buses up 29 per cent to 6,396, and those of special-purpose vehicles down 16 per cent to 226.

In the first nine months of this year, Vietnam spent over USD4.1 billion on importing completely-built automobiles and components for assembly, declining 24.5 per cent on-year, according to the country’s Ministry of Industry and Trade.