New vehicle sales in Vietnam jumped by 34% to 8,001 units in April, from a depressed 5,972 units in the same month of last year, according to data released by the Vietnam Automotive Manufacturers Association.
Sales in the first four months of 2013 increased by 10.5% to 26,691 units, from 24,166 units a year earlier. A further 436 vehicles were sold by Mercedes-Benz, which are not reported directly by the association due to European competition regulations.
Over the four-month period, sales of passenger cars, MPVs and SUVs increased by 27.7% to 15,264 units, while commercial vehicle sales were 8% lower at 10,991 units despite a 13% rebound in April.
Toyota led the market in the first quarter with a total of 9,249 sales, an increase of over 30% year-on-year. Truong Hai (Thaco), which assembles Kias and various other commercial vehicles, reported a 3.4% drop to 7,104 units, reflecting continued tough conditions in this segment.
Ford reported a 146% jump in sales to 2,225 units, while GM reported a 26% drop to 1,601 units.
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By GlobalData