November shows best growth in 2012

December 14, 2012 | 14:04
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The Vietnam Automobile Manufacturers’ Association recently reported impressive November sales

Accordingly, the industry including retail sales volume of its (VAMA) members plus imported complete-built-unit and volume of non-VAMA members hit 9,570 units, up 20 per cent versus October, the highest growth in a year.

Of which, there were 4,048 cars and 5,522 trucks, up 25 per cent for cars and 16 per cent for trucks versus last month, respectively.

Especially, the completely-knock-down vehicles were up by 14 per cent versus last month, and they were “a good move showing some signs of recovery after 10 very difficult months,” said VAMA chairman’s Laurent Charpentier.

Similarly, complete-built-unit volume was up by 46 per cent versus last month as “a serious change versus the other months mainly driven by Korean sourcing,” according to Charpentier.

With this best growth ever in the year, December was expected to be stronger than initially thought.

November’s results projected on an annual basis gives a full year industry at 102,000 units, a 9 per cent increase versus October’s achievement, according to Charpentier.

By Minh Thien

vir.com.vn

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