Sales of locally-assembled cars down, imported cars sharply upTuesday, August 13,2019
AsemconnectVietnam - The sale of domestically-assembled cars during January-July fell 14 percent year on year to some 107,000 units, while that of completely-built units (CBU) shot up 207 percent to over 73,900, the Vietnam Automobile Manufacturers’ Association (VAMA) said on August 12.
In July, a total of 26,666 cars were sold, sliding 3 percent from the previous month.
Auto dealers said many consumers were reluctant to buy cars in July as they are waiting for new models at the Vietnam Motor Show 2019 scheduled in October. At the event, they will have an overview of Vietnam’s auto market, consumption trend, and latest models from many renowned automobile brands.
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