Positive signs for year-end car shopping

HÀ NỘI — Car sales in Việt Nam increased by  五 二 per cent last month after five consecutive months of decline, showing positive signs for the car market at the end of the year.

The Việt Nam Automobile Manufacturers’ Association (VAMA) announced that vehicle sales of its members reached  一 三, 五 三 七 last month, up  五 二 per cent ​​compared to the previous month.

The total sales of the entire market of VAMA members reached a total of  一 八 八, 九 三 七 vehicles of all types in the first nine months of this year, a year-on-year increase of  五 per cent.

Of which, there were  一 二 九, 八 九 六 passenger cars, a year-on-year decrease of 0. 三 per cent;  五 四, 九 二0 co妹妹ercial cars, up  一 九 per cent and  四, 一 二 一 specialised cars, up  五 六 per cent.

Sales reports of companies showed that most of the car sales in the past month witnessed good growth, such as TC MOTOR whose sales grew by  八 七 per cent or VinFast also grew by  五 一. 四 per cent compared with the previous month.

Looking at the sales of automobile brands in Việt Nam last month, TC MOTOR has risen to lead in sales when selling  四,0 七 九 cars. The next position is VinFast, Toyota, Kia, and Mazda.

Meanwhile, a look at the Vietnamese auto market last month showed that, due to the COVID- 一 九 pandemic, sales of VAMA members in August only reached  八, 八 八 四 cars, down  四 五 per cent compared with the previous month.

August was also the fifth month in a row that the sales of VAMA members fell and also the month with the lowest sales record in the Vietnamese automobile market since  二0 一 五.

Businesses said that the growth in sales last month was due to the fact that the COVID- 一 九 pandemic has been controlled thanks to the Government's pandemic prevention measures.

At the same time, many provinces and cities across the country have relaxed social distancing after months of implementing pandemic prevention and control to enter a new normal state, which has boosted car sales.

Some experts said that with the above growth rate and the pandemic situation gradually controlled, from now to the end of the year, there are nearly three months left which is also the peak shopping period. The Vietnamese auto market could grow at double digits by the end of the year.

However, most consumers as well as many car manufacturers still expect the Government to soon agree to a  五0 per cent reduction in registration fees as proposed by businesses two months ago to remove difficulties for businesses and customers and stimulate shopping demand in the last months of the year amid the pandemic. — VNS