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Vietnam Motor Show revs up record new car sales

Over 200 cars were sold at this year's Vietnam Motor Show, the largest number of new car deals in a single fair since the first show was held in 2005, organisers said.
Over 200 cars were sold at this year's Vietnam Motor Show, the largestnumber of new car deals in a single fair since the first show was heldin 2005, organisers said.

Mercedes-Benz was thetop selling brand with over 100 cars sold at the show, followed bycompatriot Audi with 28, Land Rover 15, and BMW 12.

The five-day show, which ended on October 27 in Ho Chi Minh City, alsodrew a record number of visitors, with a total of 153,300 peopleattending and 50,000 on the final day of the exhibition. The showattracted eight domestic and seven international car brands, the largestever number of participants in a car show in Vietnam.

First timers to the show included Lexus and Infiniti, the luxurybrands for Japanese auto giants Toyota and Nissan, respectively. Lexusmodels worth billions of dong were on display, including the RX350,GX460, LX570 and ES250; alongside Infinity models QX70 and QX80.

UK's luxury giant Land Rover introduced high end models, including theRange Rover Evoque, new Range Rover and the new Range Rover Sport. Theshow also featured flagship Audi models including the R8 Spyder 5.2 V10quattro and the R8 Coupe 5.2 V10 quattro. Mercedes-Benz boasted its leadin Vietnam's luxury car sector; displaying ten high-end models at theevent, according to organisers.

According to theVietnam Automobile Manufacturer Association (VAMA), carmakers in Vietnamsold a combined 9,785 units in September, up 24 percent on the previousmonth and 28 percent over same period last year. Of the figure, 4,070were cars and 5,715 were trucks, up 32 percent and 19 percentmonth-on-month, respectively.

In a statementreleased earlier this month, VAMA said that if the recovery continued,the association would maintain its forecast of 109,000 units for theyear compared with the original forecast of 100,000.

Meanwhile, Vietnam imported 3,000 CBU (complete built unit) cars worth58 million USD in October, according to the General Department ofCustoms.

The figure brought the total of car importsin the first ten months of the year to 28,000 units worth 551 millionUSD, up 30.1 percent in quantity and 12.9 percent in value over the sameperiod last year.-VNA

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