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Commercial vehicles drive auto sales up 99 percent

09/10/2007 -- 7:51 PM

Ha Noi (VNA) – Automakers in Viet Nam sold a total of 7,683 vehicles in September, up 99 percent over the same period last year, a growth fuelled by stronger sales of commercial vehicles.

The Viet Nam Automobile Manufacturers Association (VAMA), a trade association representing the country’s 18 leading carmakers, said sales of commercial vehicles, which include buses, vans and trucks, reached 3,889 units, up 136 percent year-on-year.

Passenger vehicle sales were up 96 percent, at 1.562 units sold, while the SUV and MPV market segment grew 57 percent, with 2,232 units.

According to VAMA chairman Udo Loersch, September’s strong sales brought total sales in the first nine months of the year to 49,240 units, up 83 percent over the same period last year, led by passenger vehicles, with nine-month sales up an annualised 145 percent.
New models should help sweeten the figures in the final quarter of the year. Toyota introduced its all-new Vios sedan with a 1.5-litre engine at 26,100 – 28,900 USD. Ford rolled out its Escape compact SUV with a 2.3 litre engine and a 35,500 USD sticker price.

Mercedes-Benz launched its new C200K sedan with prices ranging from 59,000-64,000 USD, while BMW will shortly begin offering its SUV, the BMW X5.

According to Huynh Du An, general director of Euro Auto Viet Nam, BMW’s authorised distributor in Viet Nam, his company already received nearly a hundred orders for new BMWs, all of which will be imported directly from Germany.

The nation imported 5,252 automobiles worth 280 million USD in the first eight months of the year, up 62.2 percent year-on-year, according to the Ministry of Industry and Trade. The import of car parts and components reached 481 million USD in the same period, up 69.4 percent.-Enditem
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