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Vietnam: New car sales up 7% in May

New car sales in Vietnam rose 7% year-on-year to 9,386 in May. Reuters, citing data compiled by the Vietnam Automobile Manufacturers' Association (VAMA), said that local distributors sold 40,226 cars in the January-May 2010 period. This was an increase of 5% from the same period in 2009. According to the association, Subscribe to Automotive World … Continued

New car sales in Vietnam rose 7% year-on-year to 9,386 in May. Reuters, citing data compiled by the Vietnam Automobile Manufacturers' Association (VAMA), said that local distributors sold 40,226 cars in the January-May 2010 period. This was an increase of 5% from the same period in 2009.

According to the association,

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