Automobile sales touched 19,979 units in January, down 1 percent fromDecember, but surged 80 percent from a year ago, a Vietnam AutomobileManufacturers Association (VAMA) report stated.
However, the report also pointed out the existing gap between the growthin sales of complete-knock-down (CKD) and completely-built-up (CBU)automobiles.
Data showed that 13,487 CKD autos weresold in January, reflecting a rise of 69 percent from the same monthlast year, while the sales of CBU autos reached 6,492 units, up 110percent.
January was also the month leading to the Tet(Lunar New Year) holiday, which often sees an upswing in auto purchasesand many vehicle manufacturers report record sales during the month.
Toyoto Motor Vietnam (TMV) sold 4,262 units inJanuary this year, jumping 35 percent over the same period last year andreflecting a record high sale for January in the last two decades.
Ford Vietnam also recorded a 60 percent growth in sales over the same period last year to 1,523 units.
VAMA's data showed that Thaco led car sales in January with the saleof 5,747 units, reflecting a 169 percent jump. Thaco also accounted for35.7 percent of the market share, followed by TMV with a market share of26.5 percent.
With strong sales reported in January, car manufacturers expect higher growth this year.
In 2014, automobile sales in Vietnam reached 157,800 units, up by 43 percent from the previous year.-VNA
However, the report also pointed out the existing gap between the growthin sales of complete-knock-down (CKD) and completely-built-up (CBU)automobiles.
Data showed that 13,487 CKD autos weresold in January, reflecting a rise of 69 percent from the same monthlast year, while the sales of CBU autos reached 6,492 units, up 110percent.
January was also the month leading to the Tet(Lunar New Year) holiday, which often sees an upswing in auto purchasesand many vehicle manufacturers report record sales during the month.
Toyoto Motor Vietnam (TMV) sold 4,262 units inJanuary this year, jumping 35 percent over the same period last year andreflecting a record high sale for January in the last two decades.
Ford Vietnam also recorded a 60 percent growth in sales over the same period last year to 1,523 units.
VAMA's data showed that Thaco led car sales in January with the saleof 5,747 units, reflecting a 169 percent jump. Thaco also accounted for35.7 percent of the market share, followed by TMV with a market share of26.5 percent.
With strong sales reported in January, car manufacturers expect higher growth this year.
In 2014, automobile sales in Vietnam reached 157,800 units, up by 43 percent from the previous year.-VNA
