Vietnam Car Sales Surge 83%

Oct. 9, 2007
Honda saw largest increase

Sales of car in Vietnam increased from 49,240 in 2006 to 26,934 so far in 2007, according to the Vietnamese Automobile Manufacturers' Association (VAMA). This is an 83% increase.

Passenger car sales between January and September were reported at 10,882 vehicles, a rise of 145%.

The biggest rise belonged to Japan's Honda which sold 2,729 locally assembled vehicles, up 858% from last year. Next in the list was Vidamco, a joint venture between South Korean GM Daewoo and a Vietnamese company with a 305% rise in sales.

In September alone, VAMA members sold 7,683 units, up by 99% against the same month of 2006.

Copyright Agence France-Presse, 2007

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