September: Vietnam's automobile market achieved growth of 24%

VCN- The latest updated figures of the Vietnam Automobile Manufacturers Association (VAMA) showed that Vietnam’s automobile market sold more than 26,000 vehicles, up 24% over the same period last year, therein, passenger cars reached 16,327 vehicles, commercial cars reached 9,117 vehicles, and special vehicles reached1,107 vehicles in September.
september vietnams automobile market achieved growth of 24
Vietnam’s automobile market is achieving very good growth rates. Photo: Nguyen Ha

Therefore, totally, in the first 9 months of 2016, sales of the whole market reached 214,398 vehicles in all types, up 31% over the same periodlast year. With this growth, it is expected that the automotive market will achieve excellentresults in 2016 with a higher growth rate than last year.

In the last month, the leading sales of VAMA was stillThaco (Truong Hai) with 10,104 sold cars, up 37% over the same period last year. The Kia brand aloneachievedsales of 3,156 vehicles in September, up 54% over the same period last year, therein, Kia Morning sold more than 1,600 vehicles, Cerato sold nearly 600 cars.Mazda sold 2,850 vehicles last month, an increase of 48% over the same period. The best-selling Mazda car models were still Mazda3 with more than 1,100 vehicles, the CX-5 with 800 vehicles, Mazda2 with 500 vehicles…

However, in the passenger car segment, Toyota is the leading name with 5,110 sold vehicles, an increase of 9% over the same period last year. Vios reached 1,600 vehicles, Fortuner reached more than 1,200 vehicles; Altis reached more than 700 vehicles, only Innova dropped nearly 700 vehicles unexpectedly.

Ford continued to achieve high growth rate with 48%. Specifically, Ranger sold more than 1,100 vehicles last month, up 37% over the same periodlast year; Ecosport sold nearly 700 vehicles, up 64% over the same periodlast year; and Transit also reached nearly 700 cars.

Honda also achieved an increase of 27% over the same periodlast year, with 1,035 sold vehicles. City was still the model which played a key role in sales with 539 vehicles, the CR-V with449 vehicles.

GM sold 924 vehicles last month, up 20% over the same period last year. Spark (including the 2 seaterVan) and Cruze were still the 2 best-selling brands of Chevrolet in Vietnam with sales of 304 and 302 cars in September.

In the luxury car section, Mercedes went up slowly 5% with 483 sold cars, while Lexus increased 63%, reaching 91 sold units last month.

The market in October is expected to grow even higher when there will be 2 major automobile exhibitions in Hanoi and Ho Chi Minh City this month, this is also the time ofthe sales “season” of the automobile market.

In total of 9 months, mostVAMA members had growth, in which Thaco increased 50% with nearly 83,000 vehicles, Toyota increased 8% with 39,000 vehicles, Ford rose 55% with 21,000 vehicles, Honda rose 33% with nearly 8,000 vehicles,GM rose 38% with nearly 7,000 vehicles. Mitsubishi and Mercedes reached more than 4,000 cars with a corresponding increase of 55% and 37%. Lexus had an impressive increase of 72% up to 1,300 vehicles.
By Nguyen Ha/ Binh Minh

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