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The highest number of imported cars since the beginning of the year

Data from the General Department of Customs shows that in April, imported cars increased by more than 28% in volume and more than 50% in turnover compared to the previous month.

With this result, this is the month with the largest amount of CBU cars imported in the first 4 months of this year.

Observers believe that the increase in the number of CBU cars imported in the past month was due to the previous month (March 2022), the consumption of CBU cars increased sharply.

According to the Vietnam Automobile Manufacturers Association (VAMA), in March 2022, although domestically manufactured and assembled cars still have the advantage of being able to reduce registration fees by 50% to buyers, the sales volume is limited. CBU imported cars increased more strongly.

Specifically, the sales volume of domestically assembled cars reached 21,863 vehicles, up 50% compared to the previous month and imported CBU cars were 15,099 units, up 82% compared to the previous month. This partly shows that consumers are “obsessed” with imported CBU cars.

However, according to customs authorities, in the first 4 months of this year, imported CBU cars still fell sharply compared to the same period in 2021.

Specifically, by the end of April, the whole country imported nearly 40,000 CBU cars of all kinds, with a total turnover of 915.25 million USD, down 26.3% in volume and 19.1% in turnover over the same period last year. last.

Car manufacturers in Asia are still holding an overwhelming market share in terms of vehicle imports to Vietnam, especially from the three markets of Thailand, Indonesia and China.

In which, the number of vehicles from Thailand and Indonesia is mainly cars with 9 seats or less and pickup trucks, while the Chinese market dominates in trucks and special-purpose vehicles.

Thailand reached 16,752 vehicles, turnover of 345.88 million USD; Indonesia has 11,016 vehicles with a turnover of 152.3 million USD and imported from China is 5,438 vehicles, with a turnover of 211.82 million USD.

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