Vietnam's January auto industry sales falls 13 pct y/y: industry body

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Báo Tuổi Trẻ English - 2 month(s) ago 6 readings

Automobile total industry sales in January fell 13 percent annually to 20,232 units, Vietnam Automobile Manufacturers' Association (VAMA) said in a report released on Monday.

Automobile total industry sales in January fell 13 percent annually to 20,232 units, Vietnam Automobile Manufacturers' Association (VAMA) said in a report released on Monday.

January sales of tourist vehicles dropped 35 percent from a month earlier to 14,749 units while commercial vehicles decreased 45 percent during the same period to 5,098 units, the report said.

Sales by VAMA car makers in the first month of 2017 fell 10 percent from the same time last year to 19,613 units, which include sport utility vehicles, passenger cars and commercial vehicles made by its 20 members.

Vietnamese manufacturer Truong Hai Auto Corp, which assembles trucks, buses and sedans, led the sales tally in January, followed by Toyota Motor Corp.

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