Vietnam's Automobile Sale Surges in First 4 Months
Posted on: Wednesday, 14 May 2008, 09:00 CDT
Vietnam's automobile sale surges in first 4 months
HANOI, May 13 (Xinhua) -- Sixteen automobile firms in Vietnam sold a total of 47,366 vehicles in the first four months of this year, up 181 percent over the same period of last year, the Vietnam Automobile Manufacturers Association said Tuesday.
In April alone, the firms sold 13,271 automobiles, the highest number within a month in the country, a year-on-year increase of 183 percent.
Last month, Vinamotor held the biggest local market share, with 3,520 units sold, followed by Toyota Vietnam with 2,265 vehicles and Truong Hai with 2,016, said the association.
Toyota Innova, Chevrolet Captiva and Honda Civic were the best selling models last month, with 1,458 units, 690 and 665 sold respectively, said the association.
The automobile firms sold a total of 80,392 vehicles last year, the highest number since the first foreign-invested carmaker was established in the country 16 years ago, and almost reaching the Vietnamese government's target of 100,000 set for 2010, the association said, adding that the auto sales in 2007 represented a surge of 97 percent over 2006.
Vietnam with a population of 86 million currently has some 1.1 million private-owned cars, according to statistics from the country's Transport Ministry.
(c) 2008 Xinhua News Agency - CEIS. Provided by ProQuest Information and Learning. All rights Reserved.
Source: Xinhua News Agency - CEIS
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