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Automobiles manufactured in Ford's Hai Duong plant. Ford Vietnam’s sales in the first quarter of 2021 rose 52 per cent against the same period last year. — VNA/VNS Photo Tran Viet Automobile manufacturers reported growth in sales in March. Ford Vietnam’s sales in the first quarter of 2021 rose 52 per cent against the same period last year, equivalent to 5,914 vehicles delivered to customers. The company’s General Director Pham Van Dung said the automaker’s sales maintained growth thanks to leading products, particularly sport utility vehicles (SUVs) and commercial ones, despite a period of business stagnation in the domestic auto market and adverse impacts of the COVID-19 pandemic. In Q1, Ford Vietnam’s sales of Everest SUVs recorded a year-on-year surge of 49 per cent, with 1,459 vehicles sold. In March alone, the number of delivered vehicles hit 817, leading the mid-size SUV segment with more than 50 per cent of the market share. In addition, Ford Ranger maintained its … [Read more...] about Automobile firms report sales growth in March

The company’s General Director Pham Van Dung said the automaker’s sales maintained its growth thanks to leading products, particularly sport utility vehicles (SUVs) and commercial ones, despite a period of business stagnation in the domestic auto market and adverse impacts of the COVID-19 pandemic. In Q1, Ford Vietnam’s sales of Everest SUVs recorded a year-on-year surge of 49 percent, with 1,459 vehicles sold. In March alone, the number of delivered vehicles hit 817, leading the mid-size SUV segment with more than 50 percent of the market share. In addition, Ford Ranger maintained its lead among the country’s pickups, accounting for nearly 75 percent of the market. Some 2,170 cars sold in March brought the total count to 3,873 in Q1, doubling the figure of the same period last year. The sales of Ford Transit continued to come first among commercial vehicles, posting a year-on-year rise of 33 percent in March and bringing the figure since the start of the year to 184. Source: … [Read more...] about Ford Vietnam’s sales surge 52 percent in Q1

VAMA members sold 70,952 vehicles in the first three months of 2021 (Photo: VNA) Hanoi (VNA) - The Vietnam Automobile Manufacturers’ Association (VAMA) announced on April 13 that its members sold a total of 70,952 vehicles in the first quarter of 2021, a year-on-year surge of 36 percent. The figure comprised 51,126 passenger cars, up 34 percent, 18,735 commercial vehicles, up 43 percent, and 1,091 special-use vehicles, up 17 percent. March auto sales by VAMA members grew 127 percent against February to 30,935. Of these, 21,089 were passenger cars, 9,227 commercial vehicles, and 619 special-use vehicles. Sales of domestically-assembled vehicles rose 99 percent month-on-month to 70,952, while those of completely-built-up (CBU) vehicles increased 177 percent against January to 13,795. These figures do not fully reflect the situation in Vietnam’s automobile market, however, as they do not include the sales of brands such as Audi, Jaguar Land Rover, Mercedes-Benz, … [Read more...] about Automobile sales up 36 percent in Q1

In terms of vehicle origins, the past month has seen sales of domestically-assembled vehicles reach 17,140 units, a climb of 99%, whilst CBU imported cars stood at 13,795 units, an increase of 177% compared to one month earlier. The opening three months of the year witnessed VAMA members selling a total of 70,952 cars, an annual rise of 36%, with passenger cars climbing by 34%. In addition, the sales of commercial and special purpose cars also witnessed respective increases of 43% and 17% compared to the same period from last year. According to the sales announcement given by VAMA, TC Motor, and VinFast, the local auto industry saw the consumption of 40,072 vehicles of all types in March. Most notably, Hyundai remained as the leader in terms of car sales among auto brands within the domestic market, with a total of 6,807 units sold, trailed by Toyota, Kia, Ford, Mazda, and Honda. Along with VAMA members, brands such as TC Motor, Audi, Jaguar, Mercedes-Benz Land Rover, Subaru, … [Read more...] about Domestic car sales record 127% surge in March

Passenger vehicles and commercial vehicles were up 34 percent and 43 percent, according to the Vietnam Automobile Manufacturers Association (VAMA). Truong Hai Auto Corporation, or Thaco, which assembles several brands of cars and trucks, led the market with a 37 percent share, followed by Toyota (20.2 percent) and Mitsubishi (10.7 percent). Honda and Ford rounded off the top five. Hyundai Accent was the best-selling car in the first quarter with 4,804 units, followed by Mitsubishi Xpander (4,602) and VinFast Fadil (4,148). 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. … [Read more...] about Auto sales make recovery in Q1