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Auto sales hit six-month high

By Dat Nguyen   November 16, 2021 | 12:45 am PT
Auto sales hit six-month high
Hyundai Accent. Photo courtesy of TC Motor
Vietnam auto sales reached 29,797 units last month, the highest since April, indicating demand recovery after prolonged social distancing.

This is the second monthly sales rise in a row after a chain of five dropping months from April to August when the fourth Covid-19 wave hit, according to a report by Vietnam Automobile Manufacturers Association (VAMA).

In the first 10 months, total sales hit 218,734 units, up nearly 3 percent year-on-year.

Truong Hai Auto (Thaco) continued to lead sales with 75,604 units in the period, up 6.3 percent year-on-year.

Toyota followed with 45,131 units, down 9.6 percent.

Mitsubishi, Ford and Honda rounded out the top five.

In October, the best-selling model was the sedan Hyundai Accent with 3,346 units, followed by the pickup truck Ford Ranger.

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.

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