July auto sales 2nd highest for year

By Dat Nguyen   August 15, 2023 | 03:30 am PT Google Get VnExpress first in Google Search info See more of the news you trust. Make VnExpress a preferred source to prioritise our updates in your Google search results
Auto sales jumped to 24,687 units in July, the second highest monthly number this year behind only March.

The Vietnam Automobile Manufacturers Association (VAMA), which provided the data - excluding TC Motor and VinFast sales - said however sales were down 18.4% year-on-year.

The auto market has been going through a rough year amid low economic growth, with sales plummeting by 30% year-on-year in the first seven months to 162,000 units.

Thaco led with over 8,400 vehicles sold, down only 3.3%.

Toyota sold 3,800 cars, a 31% decline.

Ford bucked the trend, doubling sales to 3,150 units.

Mitsubishi and Honda rounded off the top five.

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