In July 2022, the number of cars sold went up sharply

DNHN - The Vietnam Automobile Manufacturers Association (VAMA) says that in July 2022, 30,254 cars were sold. This is up 20% from the month before and up 88% from the same time in 2021.

Even though it wasn't as good as April and May 2022, the Vietnamese auto market grew by 88% in July 2022 compared to July 2021.

In particular, 23,087 passenger cars, 6,945 commercial vehicles, and 222 other types of vehicles were sold. From June 2022 to June 2023, sales of passenger cars went up by 30%, sales of commercial vehicles went up by 1.8%, and sales of specialized vehicles went down by 57%.

In July 2022, 13,759 cars that were put together in the United States were sold, which was 25% more than the month before. Meanwhile, 16,495 cars that were put together in other countries were sold, which was 17% more than the month before. By the end of July 2022, the market as a whole had sold 39% more than it did in 2021. Compared to 2021, passenger cars went up by 57%, commercial vehicles went down by 0.5%, and specialized vehicles went up by 3%.

In July, there was a change at the top of the list of best-selling passenger car brands. Hyundai moved back to the top with 5,792 cars, putting Toyota in second place (selling 5,565 vehicles). Mitsubishi is in third place with 4,245 cars, while June is in fifth place with 2,283 cars. Kia, which was in third place last month, fell to fourth place this month with 4,039 cars. Vinfast comes in at number 5 with 2,137 cars.

Experts in the automotive business say that people and businesses still want to buy more cars than manufacturers and importers can make or bring in. With the way things are going, car use will continue to rise in the coming months.

TH