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Auto sales up 21 pct in 2021

Mar 15th at 11:49
15-03-2021 11:49:00+07:00

Auto sales up 21 pct in 2021

Auto sales in the first two months of the year jumped by 21 percent to 40,017 units.
Cars and motorbikes stranded on a street in Ho Chi Minh City. Photo by VnExpress/Quynh Tran.

Passenger vehicles dominated sales at 71 percent, according to the Vietnam Automobile Manufacturers Association.

Local company Truong Hai Auto (Thaco) led the market with 14,964 units representing a 39 percent year-on-year increase.

It was followed by Toyota (6,848), and Mitsubishi (4,605).

Honda and Ford rounded off the top five.

Last year sales had fallen by 8 percent to 296,634 units as the Covid-19 pandemic badly affected the economy, hitting people’s incomes and discretionary spending.

Vnexpress

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