Nearly 18,000 cars were sold in the domestic market during May 2015, down one percent from the previous month, but up 47.69 percent from May last year.

Nearly 18,000 cars were sold in the domestic market during May 2015. (Photo for illustration)

The Vietnamese car manufacturing company Thaco led the market with 6,603 cars sold. Toyota came in second with 3,880 cars and Ford Vietnam sold only 1,747 cars during the period.

The sales of commercial cars in May reached 7,796 units, up five percent, and tourism cars 8,946 units, down 5.1 percent. Specialised cars hit 1,179 units, down 10 percent from the previous month.

The number of cars assembled in the country was 14,032, a 0.4 percent increase. Vietnam imported 3,889 cars, down 7 percent from April.

Total sales of the sector in the first five months of this year reached 84,806 cars, surging 58 percent from the same period last year. Of the figure, tourism cars rushed 88 percent and commercial cars rocketed 103 percent.

The report was carried out by the Vietnam Automobile Manufacture’s Association (VAMA).

Source: VNA