Sunday, October 5, 2025

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automobile manufacturing

News updates related to automobile manufacturing

Doanh số ôtô lắp ráp trong nước bất ngờ giảm dù hưởng lợi 50% phí trước bạ

Sales of domestically assembled cars unexpectedly decrease despite benefiting from 50% reduction in registration fees

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 given after Vietnam reduced registration fees by 50% from July 1.

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 on the market, 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.

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