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Motorbike sales recover in Q2 but still down for the year

By Minh Vu   July 14, 2024 | 06:58 pm PT
Motorbike sales recover in Q2 but still down for the year
Motorbike is the preferred mean of transportation in Vietnam. Photo by Shutterstock​ ​
The five members of the Vietnam Association of Motorcycle Manufacturers sold over 1.2 million vehicles in the first half of 2024, down 1.4% from a year ago.

In the first quarter their sales had declined by 4.9% year-on-year to 603,745 units, but recovered to grow by 2.4% in the second.

The association consists of Honda, Piaggio, Suzuki, SYM, and Yamaha.

The Vietnamese motorbike market also has other brands such as VinFast, Ducati, BMW Motorrad, Harley-Davidson, Kawasaki, Triumph, KTM, Yadea, and Royal Enfield. But not all of them publish sales figures.

 
 
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