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Vietnam: Auto sales down 17 percent in January.
Section: Business News - The Vietnam Automobile Manufacturers' Association (VAMA) announced on Feb. 17 that its members sold 10,424 units in the first month of this year, a month-on-month decrease of 17 percent.
Of this figure, the volume of commercial vehicles decreased by 34 percent over the previous month to 3,581 units.
Sharing the same down turn, only 2,774 multi-purpose, sports-utility and cross-over vehicles were sold, a month-on-month decrease of 7 percent.
"In my opinion, the current situation is rather difficult," said Nguyen Trung Hieu, a VAMA official.
Hieu said sales last month were down for a number of reasons.
"Normally, …
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