Automobile firms report sales growth in March

Apr 13th at 11:11
13-04-2021 11:11:53+07:00

Automobile firms report sales growth in March

Automobile manufacturers reported growth in sales in March.

 

Ford Vietnam’s sales in the first quarter of 2021 rose 52 per cent against the same period last year, equivalent to 5,914 vehicles delivered to customers.

The company’s General Director Pham Van Dung said the automaker’s sales maintained growth thanks to leading products, particularly sport utility vehicles (SUVs) and commercial ones, despite a period of business stagnation in the domestic auto market and adverse impacts of the COVID-19 pandemic.

In Q1, Ford Vietnam’s sales of Everest SUVs recorded a year-on-year surge of 49 per cent, with 1,459 vehicles sold. In March alone, the number of delivered vehicles hit 817, leading the mid-size SUV segment with more than 50 per cent of the market share.

In addition, Ford Ranger maintained its lead among the country’s pickups, accounting for nearly 75 per cent of the market. Some 2,170 cars sold in March brought the total count to 3,873 in Q1, doubling the figure of the same period last year.

The sales of Ford Transit continued to come first among commercial vehicles, posting a year-on-year rise of 33 per cent in March and bringing the figure since the start of the year to 184.

Honda Vietnam also reported increases of 17.3 per cent and 94.1 per cent in its sales of motorbikes and automobiles in March, respectively, compared to the previous month.

It sold 150,068 motorbikes during the month.

Wave Alpha was the bestseller, with 17,685 units sold, or 11.8 per cent of the total, while Vision was its most popular scooter, with 36,679 units delivered to customers, or 24.4 per cent.

Honda Vietnam also exported 28,318 motorbikes to different markets.

A total of 2,486 automobiles, meanwhile, were handed over to customers.

Honda City was the most sought-after model, with 1,182 vehicles delivered in the month, accounting for 47.5 per cent of the total sales.

In the first quarter of 2021, the company sold 25,910 cars of different types, an annual drop of 12.8 per cent.

bizhub



NEWS SAME CATEGORY

Vietnam gas consumption to double in next 10 years: Fitch Solutions

Gas demand is expected to rise from about 9.7 billion cubic meters (bcm) in 2020 to above 25.3bcm in 2030, while influx of LNG helps to counter the decline in...

Demand for laptops remains high amid work, study from home

Laptop sales, which began to boom at the beginning of 2020 following the Covid-19 outbreak, remain strong as studying and working from home continue.

Hanoi Beer producer profits to slump to 10-year low

The producer of Hanoi Beer expects sales to be badly hit by the Covid-19 pandemic this year and profits to fall to a 10-year low as a result.

Brewing up change with modern strategy

Saigon Beer Alcohol Beverage Corporation (SABECO) has been on a journey of transformation to strengthen its operational capabilities and modernise its governance...

Carlsberg Vietnam launches comprehensive revamp of Halida to better beer experience

Carlsberg Vietnam on April 8 announced a comprehensive revamp of Halida, giving the products both a new liquid and a new packaging that takes consumers’ beer...

Foreign merchants register to purchase lychees in Vietnam

Hai Duong and Bac Giang, Vietnam's lychee growing hubs, have processed numerous entry applications from foreign traders wishing to buy the products two months prior...

Vietnam's beer production fell 14 per cent in 2020

Vietnam’s beer industry produced about 4.4 billion litres of beer in 2020, down 14 per cent on-year.

MoIT proposes 35 per cent cap on foreign investment in petrol market

The Ministry of Industry and Trade (MoIT) has proposed a 35 per cent cap on foreign investment in local oil and petrol businesses, but said it was open to scrapping...

Tea industry prepares to accommodate new consumer trends

Beverage trends are forecast to change considerably this year due to the impact of the Covid-19 pandemic on consumption habits and tastes. The tea industry is...

Indian motorcycle maker Royal Enfield suspends business in Vietnam

Indian motorbike maker Royal Enfield has suspended business in Vietnam since late March after a disappointing two-year run.

Commodity prices


MOST READ


Back To Top