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Vietnam Automobile Manufacturers Association
Updated news related to Vietnam Automobile Manufacturers Association
Domestically assembled car sales unexpectedly decrease despite benefiting from 50% registration fee reduction
The Vietnam Automobile Manufacturers Association (VAMA) said that sales of domestically assembled cars in July 2023 decreased by 12% compared to the previous month. This figure was released after Vietnam reduced registration fees by 50% from July 1.
Car
Vietnam's auto market declines in the first month of the second quarter of 2023
Despite efforts to reduce prices, increase promotions and launch many new car models, car purchasing power in April 2023 has seriously declined.
Cars priced from 500-700 million VND are dominating the market
Looking at the list of 10 best-selling car models in Vietnam in 2022, it is not difficult to see that the majority are models in the price range of 500-700 million VND. Toyota Vios, Hyundai Accent, Mitsubishi Xpander are in the top 3 positions with more than 20,000 units sold each model.
High-chassis vehicles dominate best-selling charts, new models are increasingly popular
In the ranking of the 10 best-selling cars last year, high-chassis cars are gradually dominating the market share of low-chassis sedans, with only 3 sedans including Hyundai Accent, Toyota Vios and Honda City making it to the top, while representatives of high-chassis cars occupy 7/10 positions in this ranking.
Which cars sold the least since the beginning of 2022?
Besides expensive car models that few people can own and are not sold in large numbers, there are also cheap car models with very low sales.
Vietnamese people increase car purchases at the end of the year
Automakers sold more than 44,700 vehicles in October, up 6% compared to September.
1,300 cars sold in Vietnam every day
In the first 9 months of 2022, the entire Vietnamese automobile market consumed more than 352,700 cars of all kinds, equivalent to an average of about 1,300 cars sold per day.
Add quality conditions to imported cars
January 26, 2018 16:15
Contrary to the wishes of car importers, Circular No. 03/2018/TT-BGTVT has just been issued by the Ministry of Transport (MOT) to guide the implementation of Decree 116 on technical safety and environmental protection quality inspection for imported cars.
Car sales rebound in May thanks to lower car prices
June 8, 2017 17:58
Many car models have been heavily discounted, helping sales of manufacturers as well as the entire market grow again after a gloomy April.
Vietnam's car consumption sets a record in the past 20 years
January 12, 2017 16:47
VAMA said that car consumption in Vietnam increased sharply at the end of the year, setting a record high in the past 20 years.
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