ex. Game, Music, Video, Photography

Covid restrictions put the brakes on car sales

The Vietnam Automobile Manufacturers Association said its members sold only 7,714 vehicles in August, the lowest number in seven years.

Ngày đăng: 14 tháng 9, 2021
Cập nhật: 18 tháng 1, 2023
Lượt xem: 313056564
Nguồn: vnexpress

Their sales were down 68 percent year-on-year for the month and 47 percent from July.

The Vietnam Automobile Manufacturers Association said its members sold only 7,714 vehicles in August, the lowest number in seven years. Their sales were down 68 percent year-on-year for the month and 47 percent from July.

It marked the fifth consecutive month of decline for the industry, which attributed the slump to social distancing amid Covid-19 in many provinces and cities, especially Hanoi and Ho Chi Minh City.

The country’s largest automaker and non-member TC Motor, which assembles Huyndai cars, saw sales plummet by 60 percent year-on-year in August to 2,182.

VAMA members have sold 157,777 vehicles so far this year, up 8 percent from 2020.

Car sales increased sharply in the second half of 2020 after a 50 percent cut was made to registration fees, which are substantial at 10-12 percent of the vehicle price. There have been no rate cuts this year.

TC Motor's sales for the year were down 2 percent to 40,248 units, the first time ever its sales have declined.


Từ vựng liên quan

Tin tức liên quan

Thai man broadcasts baby daughter
world 14/09/2021

Thai man broadcasts baby daughter's murder live on Facebook

world | 310606563

Videos of a man killing his daughter before committing suicide were visible online for 24 hrs before they were taken down.

Salt water drowns Mekong Delta shrimp industry
business 09/09/2021

Salt water drowns Mekong Delta shrimp industry

business | 274856554

Increasing salinity in the Mekong Delta has seriously affected aquaculture, especially freshwater shrimp breeding, according to Vietnam's Directorate of Fisheries.

Eight protected national art treasures
life 18/09/2021

Eight protected national art treasures

culture | 324396566

In Vietnam, objects of special cultural and historical value are designated national treasures and preserved by the government.

Vietnam halts all inbound commercial flights
news 13/09/2021

Vietnam halts all inbound commercial flights

news | 304886550

PM Nguyen Xuan Phuc has ordered a temporary halt to all inbound international commercial flights following Vietnam’s new Covid-19 community transmissions.

Beer-thirsty Vietnamese force supermarkets to ration sales before Lunar New Year
business 14/09/2021

Beer-thirsty Vietnamese force supermarkets to ration sales before Lunar New Year

business | 311646556

Panic-buying has ensued with prices expected to rise ahead of Tet.

Appeals court upholds Coffee King’s right to manage Trung Nguyen group
business 18/09/2021

Appeals court upholds Coffee King’s right to manage Trung Nguyen group

companies | 325256553

A HCMC court has upheld a previous decision on the divorce and division of assets between Vietnam’s Coffee King and his ex-wife.

Southeast Asian countries need tougher plastic policies to curb pollution: UN
news 19/09/2021

Southeast Asian countries need tougher plastic policies to curb pollution: UN

news | 326116547

Southeast Asian countries, among the world’s worst ocean polluters, need tougher regulations for plastic packaging to curb leakage, a United Nations report said.

Vietnam Airlines gets new CEO
business 15/09/2021

Vietnam Airlines gets new CEO

companies | 315856554

Vietnam Airlines deputy director Le Hong Ha will take over as the national carrier’s new CEO starting January 1, 2021.

Da Nang seeks solutions to choking gridlock
news 17/09/2021

Da Nang seeks solutions to choking gridlock

news | 320486554

Congestion has become a serious problem in the central city due to rapid urbanization and widespread use of private vehicles.

Directors caught up in former bank chairman
business 16/09/2021

Directors caught up in former bank chairman's $800 mln scam

business | 317766551

One of Vietnam's biggest corruption cases included several individuals who helped syphon off millions.

Link Tài Trợ - Sponsored Links

Công Thức Vật Lý
Loading…