Fastener Shanghai
fastener
fastenerHomefastener
fastener
fastenerNewsfastener
fastener
fastenerfastenerBuyers' Guidefastener
fastener
fastenerStandard Searchfastener
fastener
fastenerFor Buyersfastener
fastener
fastenerFor Suppliersfastener
fastener
fastenerMagazinefastener
fastener
fastenerTrade Showsfastener
fastener
fastenerMy Officefastener
fastener
fastenerPost Inquiriesfastener
Home->Fastener News->Vietnam's auto sales drop 9 pct in 10 monthsYou are the 383572 visitors
Views:699   |   recommendation:   |   Votes:0   |   Discuss:0
Vietnam's auto sales drop 9 pct in 10 months

Vietnam's total automobile sales in the first 10 months of this year were 220,121 units, seeing a year-on-year decrease of 9 percent, the Vietnam Automobile Manufacturers Association said on Wednesday.

Specifically, sales of passenger cars declined 10 percent to 126,819 units, and those of commercial vehicles such as trucks, pick-ups and vans, dropped 6 percent to 82,270, and those of special-purpose vehicles fell 18 percent to 11,032.

In the 10-month period, the association's members, which dominate the Vietnamese automobile market, sell 204,942 vehicles, down 6 percent. Specifically, they sold 120,633 passenger cars, down 3 percent, 75,457 commercial vehicles, down 7 percent and 8,852 special-purpose vehicles, down 23 percent.

The smaller sales were mainly attributed to wait-and-see attitude of potential buyers who were waiting for lower prices of imported vehicles, local experts said, noting that automobile sales are likely to increase early next year when import taxes on vehicles will be slashed to zero percent in line with the ASEAN Free Trade Area.

Source: Xinhua

2017/11/22 15:30:00

Previous:    Brighton Best Acquires Ironclad Performance Wear, Australia Fastener Supplier
        Next:    FASTENER SHANGHAI 2018 — Shanghai Fastener & Tech Show: Join the Winner, Tap into China's Thriving Fastener Market

Recent Related News
Car production in Spain falls by 4 percent in February--2018-03-29
More policies expected to foster growth of green vehicles--2018-03-20
China's auto sales fall in February due to holiday--2018-03-15
China's auto sales post double-digit growth in January--2018-02-23
China plans to industrialize smart car technology--2018-01-23
China auto sales shrink in December, end year up 1.4 percent--2018-01-18
Interview: BMW optimistic about electrified car prospects in China--2018-01-17
Vietnam's auto sales down 10 pct in 2017--2018-01-11
Vietnam's auto import declines in 2017--2017-12-21
China's November auto sales growth flat--2017-12-18
China's new energy vehicle sales double in October--2017-11-15
Global automakers expand presence in China's NEV market--2017-11-08

Vote for this news?

fastener(Very Good)
fastener(Good)
fastener(Normal)
fastener(Bad)
fastener(Very Bad)


Discuss
More Discuss...
Your Name: Anonymous

Enter the code shown:fastener6fastener

Fastener Shanghai


China Fastener Directory
Get it FREE!
fastener
Get your CFD at the following shows:

•METALTECH, May 23-26, 2018, Kuala Lumpur, Malaysia

•Fastener Fair Mexico, Jun 20-21, 2018, Guadalajara, Mexico

•Manufacturing Expo Thailand, Jun 20-23, 2018, Bangkok, Thailand



Show Room



Offer Product

Latest News
• NORMA Group Buys Nashik-Based Water Management Firm KPSL

• EU extends anti-dumping duties on Chinese steel ropes, cables

Buyers' Guide
Company News

• JIN CHI MACHINE: Precision High Speed Screw Manufacturer

• China Worldbest Holding: Embracing Dream, Seeking Growth

The Way to Enter Chinese Market
The Way to Enter Chinese Market


fastener