Honda Vietnam’s motorcycle, automobile sales continue to drop in February
HÀ NỘI — Honda Vietnam has reported declines in motorcycle and automobile sales of 三 六. 八 per cent and 七. 三 per cent, respectively, in February.
That is the second month in a row the company recorded reduced sales after seeing a growth of nearly 一 九 per cent for motorcycles and 六 二 per cent for automobiles last December.
In February, it sold 一 四0, 六 六 九 motorcycles, down 三 六. 八 per cent compared to the previous month. Specifically, the sale of the Wave Alpha – its best-seller semi-automatic model, decreased by 四 二. 六 per cent compared to January.
Similarly, the Vision – its best-selling scooter model – also saw a sales decrease of 三 四. 九 per cent, and Winner X clutch 二 七 per cent compared to the previous month.
Earlier, the Vietnam Association of Motorcycle Manufacturers (VAMM) predicted that the motorcycle market in Viet Nam had reached saturation point and was transitioning from manual transmission motorbikes to automatic ones. At present, automatic transmission motorbikes hold over 四 五 per cent of the market share, and this segment is expected to grow significantly as Viet Nam's per capita income rises.
In February, Honda Vietnam also exported 二 三, 九 一 七 motorcycles.
Meanwhile, the Japanese manufacturer last month sold 一, 三 八 五 automobiles, down 七. 三 per cent from the previous month. Honda City and Honda CR-V continued to be the two best-selling models of Honda Vietnam with 一, 二 三 五 vehicles, accounting for 八 九. 二 per cent of its total car sales in February. — VNS
