New vehicle sales in Vietnam increased by almost 53% to 12,940 units in September, from 8,466 units a year earlier, according to data released by the Vietnam Automotive Manufacturers Association.
Cumulative sales for the first nine months of the year increased by close to 34% to 90,108 units, from 67,046 units in the same period of last year. Economic growth continued to accelerate in the third quarter, driven by rising industrial output and higher domestic consumption.
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Sales of passenger cars, SUVs and MPVs combined increased by 32% to 53,653 units over the nine-month period, from 40,632 units previously. Commercial vehicle sales rose by 38% to 36,455 units, from 26,414 units.
Toyota led the overall market in the first nine months of the year with sales rising by close to 19% to 27,774 units. Truong Hai (Thaco), which assembles Kias and various other commercial vehicles, reported a sales rise of just under 30% to 22,500 units.
Third-placed Ford reported a 69% jump in sales to 9,248 units, reflecting strong demand for the Transit minibus/van and the Ranger pickup truck which together accounted for 61% of sales. Mazda’s sales jumped by 160% to 6,201 units, with the BT-50 and the 3 its best-selling models. Honda’s sales rose by 63% to 4,773 units.
