Honda Vietnam sees drops in motorbike, auto sales in June

By The Investor/VietnamPlus
Fri, July 15, 2022 | 8:26 am GMT+7

Honda Vietnam recorded decreases of 5% and 46.5% in its sales of motorbikes and automobiles in June compared to May, respectively.

Honda factory in Ha Nam province, northern Vietnam. Photo courtesy of the company.

Honda factory in Ha Nam province, northern Vietnam. Photo courtesy of the company.

The company sold 147,693 motorbikes during the month, down 5% month-on-month and down 1.4% year-on-year. Wave Alpha was the bestseller, with 46,551 units sold, or 31.5% of the total.

Due to the global shortage of semiconductor chip supplies, the firm’s total scooter sales in June decreased by more than half compared to the same period last year.

Honda Vietnam also exported 15,868 motorbikes to different markets.

A total of 1,702 automobiles were handed over to customers, down 46.5% from May and up 9.8% year-on-year.

Honda City was the most sought-after model, with 502 vehicles delivered in the month, accounting for 29.5% of the total automobile sales.

Thanh Cong (TC) Group, the assembler of Hyundai vehicles in Vietnam, reported Tuesday that all Hyundai models in the country have suffered from component shortages due to the global semiconductor crisis and chip shortages.

Sales of Hyundai cars in June fell 34% from the previous month to 4,278. Hyundai Accent recorded the best sales among Hyundai cars at 1,086, but the figure was still down 40.5%.

On the same day, VinFast, the auto unit of Vietnam’s largest listed conglomerate Vingroup, said the number of its Lux A2.0 and Lux SA2.0 cars delivered to customers in June was less than expected due to disrupted parts supply.

For June alone, the total sales of Vietnam Automobile Manufacturers’ Association (VAMA) members decreased 42% from May to 25,159 vehicles due to a lack of spare parts and components, like semiconductors and chips, according to association.

VAMA, which does not include VinFast and Hyundai, sold 201,840 autos in the first half of this year, increasing by 34% year-on-year.

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