Vietnam Jan-Feb Car Sales Hit 21,000 Units, up 172 per cent on Year

Vietnam Automobile Manufacturers Association (VAMA) has announced car sales of its 17 member carmakers rose to 21,004 units in the first two months, up 172 per cent on year.

 

In February, they sold 8,920 cars, up 198 per cent over last February but down 35.4 per cent on January.

 

Vinamotor kept the largest market share for two consecutive months of 28.7 per cent with 5,354 cars sold, VAMA noted, adding that Toyota jumped up to second position with 3,305 units sold or 16 per cent of the market share.

 

Truong Hai’s car sales down turned to the third position with 3,284 vehicles or 14.3 per cent of the market shares.

 

All of the carmakers saw strong sale growth of three types of cars. They sold 13,618 units of the commercial vehicles in the two months, up 400 per cent on year, 3,984 units of SUV/MPV models, up 28 per cent on year and 4,402 units of passenger cars, up 82 per cent on year.

 

According to the General Statistics Office, Vietnam imported 10,000 fully assembled vehicles valued at US$187 million in January-February, up 505 per cent on year.

 

The two months’ car parts import valued at US$204 million, the General Statistics Office said.

 

* The following table is the breakdown of car sales, market shares and the growth of the 17 VAMA carmakers in Jan-Feb 2008.

No	Car marker	Sale (Unit)	On Year  Growth ( per cent)
1	Vinamotor*	5,354	#Value
2	Toyota	3,305	39
3	Truong Hai	3,284	237
4	Vinaxuki	2,030	492
5	GM Daewoo	1,750	147
6	Ford	1,345	127
7	Honda	878	65
8	VinaStar (Mitsubishi)	559	-4
9	Visuco (Suzuki)	496	579
10	Isuzu*	495	128
11	Mercedes-Benz Vietnam	412	103
12	Mekong (Fiat, Ssangyong, PMC)	372	285
13	Hino*	320	277
14	SAMCO	196	-22
15	VMC (BMW, Mazda, Kia)	111	-3
16	Vinacomin - Vinacoal*	97	62
17	Vindaco (Daihatsu)	0	-100
	Total	21,004	172

 

Note: *: not including bus chassis. (VAMA Release Feb 2008, GSO 2008)