Auto sales in Vietnam up 13.3% in December, up 24.3% in 2016

According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on December 11, automobile sales (including non-VAMA manufactures) in Vietnam were up 13.3% year on year to 33,295 units in December. CKD volume was 23,565 units, and CBU volume was 9,730 units.

2016 annual sales were up 24.3% to 304,427 units.
VAMA members (20 manufactures) sales in 2016 were up 30.3% to 271,833 units. VAMA members passenger car sales were up 36.0%, commercial vehicles were up 21.7%, and special purpose vehicles were up 34.2%.
By brand sales in 2016 based on MarkLines Data Center figures, Truong Hai was up 34.6% to 80,113 units. Toyota (excluding Lexus) was up 13.4% to 57,036 units. VinaMazda was up 57.7% to 32,108 units. Ford was up 39.9% to 29,011 units. Honda sales were up 38.4% to 11,501 units.

VAMA's forecast for 2017 sales volume is about 10% higher than 2016.