Car sales rise on back of new model arrivals
The Hanoitimes - Domestic auto sales increased slightly in October compared to the last few months as a host of automobile makers launched new cars.
The Hanoitimes - Domestic auto sales increased slightly in October compared to the last few months as a host of automobile makers launched new cars.
Ford
Suzuki, Vinastar and Honda Vietnam reported increases of 376, 300 and 218 units respectively.
Some automobile makers attributed the increase to contracts that were signed at the Vietnam Motor Show 2012 held in
The car companies have said that despite the slight recent increase, the figures as a whole represent a sharp decrease compared to sales over the same period last year.
October saw the most successful sales of the year at
In the first 10 months,
During the Vietnam Motor Show 2012, 75 orders and more than 150 follow-ups, were received with customer support campaigns and enhanced after-sales service activities.
Experts said the market could struggle to reach sales of 100,000 units following several months of gloomy business results and no late surge expected. Last year's sales were over 140,000 units.
The industry has principally blamed the economic downturn for this worrying trend. They have also claimed that potential consumers are worried about possible car fees being introduced by the Ministry of Transport.
Earlier this year the ministry proposed that in the future every car owner should be required to pay between 20-50 million VND per year in a move to try and restrict rising car numbers that will cause chronic traffic congestion.
However, the ministry has admitted that such fees will not be introduced during the next few years, and have committed to taking advice from relevant ministries and public opinion before reaching a final decision
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