More than 22,800 cars were sold in February

Specifically, in February 2022, sales of the whole market reached 22,802 vehicles, down 26% compared to January 2020 but up 68% over the same period last year.

In which, including 17,541 tourism; 4,782 commercial vehicles and 479 specialized vehicles. Thus, passenger car sales decreased by 31%; commercial vehicles decreased by 7.6% and specialized vehicles increased by 67% compared to the previous month.

According to the origin of the vehicle, the sales of domestically assembled cars reached 14,528 units, down 18% from the previous month and imported complete units were sold at 8,274 units, down 36%. Compared to the same period last year, sales of domestically assembled cars increased by 41% while imported cars increased by 25%.

Thus, most customers still choose to buy domestic cars to benefit from the Government’s policy of 50% reduction in registration fees.

Specifically, from December 1, 2021 to the end of May 31, 2022, the registration fee for domestically manufactured and assembled cars will be reduced by 50%, corresponding to a reduction from 15 to 15 years. 298 million dong.

Some businesses forecast that, in 2022, with the Government’s support measures continuing to be applied, the COVID-19 epidemic is gradually being better controlled, which will be the basis for production and assembly activities as well as for production and assembly activities. The domestic auto market continues to grow.

In 2022, the auto market can reach the milestone of 500,000 vehicles/year.