November auto sales dip after four months of growth

By Dat Nguyen   December 14, 2022 | 04:27 am PT
November auto sales dip after four months of growth
A Mercedes C300 is put on display at a dealership in Binh Duong Province. Photo by VnExpress/Vinh Nam
November auto sales posted a decline from October after four consecutive months of growth, but sales for the year so far still achieved double-digit growth.

It was reported that 36,371 units were sold among members of the Vietnam Automobile Manufacturers Association (VAMA) last month, down 0.51% from the previous month.

In the first 11 months, sales climbed 43% year-on-year to 369,334 units.

Truong Hai Auto Corporation (Thaco) led in the period with 123,140 units sold, up 38% year-on-year.

The company was followed by Toyota, with 81,491 units, and Mitsubishi, 36,805 units.

Honda and Ford rounded off the top five.

Last month automaker VinFast shipped its first batch of 999 electric cars to the U.S.

The company expects to sell 750,000 electric vehicles annually by 2026.

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