Mercedes Benz Leads Vietnam Auto Sales Growth
Mercedes-Benz Vietnam (MBV) has announced its auto sales in 2008 in Vietnam rose 70 per cent on-year, taking the lead among carmakers despite an economic slowdown in the second half of the year.
“Considering the tough market conditions in the second half of 2008 and many tax changes, this is a very good result,” the paper quoted Udo Loersch, general director of the German carmaker, as saying.
Overall sales rose to 2,119 units, led by 1,146 units of the 16-seat Sprinter van. Loersch said the Sprinter is the leading choice for guest transportation by premium hotels, a sector which has grown sharply in Vietnam over the past two years.
Last year, car sales in Vietnam grew 37 per cent on year to over 110,000 vehicles, according to Ngo Van Tru of the Ministry of Industry and Trade. Market leader Toyota saw sales rise 20 per cent to 24,421 units.
But Tru said sales will likely fall 20 per cent in 2009 due to a slowing economy.
Car prices in Vietnam are high, due to a 70 per cent tax on imported cars and parts. (Labor)
Vietnamese
