Vietnam auto market grows 27.7%, 2nd fastest worldwide
Thứ Tư, 15/02/2017, 10:14
PSNews - Although being ranked 34th in capacity, the Vietnamese auto market in 2016 grew the fastest , second to Singapore.
According to an analysis of the UK-based Marketing Firm JATO, the Vietnamese auto market saw an increase of 27.1% in the end of 2016, or the second fastest growth worldwide.
The report says, 84.24 million cars were sold in 2016, up by 5.6% compared to 2015. Of the figure, 228,478 cars were sold in Vietnam, which became the 34th largest auto market.
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2016 witnessed a decline in car consumption of many major auto markets, such as Russia, Japan and South America.
However, the three world biggest auto markets, namely China, the US and EU continued to grow but only at a single-digit rate
The above figures are based on JATO’s surveys in 52 countries in 2016 on the sales of all kinds of cars, pickup cars and light vans.
