According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on July 7, automobile sales (including non-VAMA manufactures) in Vietnam were down 0.2% year on year to 24,365 units in June.
CKD volume was 17,280 units, and CBU volume was 7,085 units.
VAMA members (20 manufactures) sales in June were up 4.1% to 22,750 units. VAMA members passenger car sales were up 25.3%, commercial vehicles were down 15.4%, and special purpose vehicles were down 33.8%.
By brand sales in June based on MarkLines Data Center figures, Toyota (excluding Lexus) was up 71.3% to 6,815 units. Truong Hai was down 24.0% to 5,229 units. Ford was up 2.5% to 2,428 units. VinaMazda was down 11.4% to 2,020 units. Honda was up 14.2% to 992 units.
In line with ASEAN Trade in Goods Agreement, Vietnam lowered the tariff on the CBU imports from ASEAN countries from 40% to 30% in January 2017.
YTD sales in Vietnam were down 1.2% to 134,268 units. YTD CKD sales were down 6.4%, while CBU sales were up 15.3%.