Toyota Land Cruiser lowest-selling vehicle in October

By Tri Duc
Sat, November 19, 2022 | 10:32 pm GMT+7

Except for trucks, buses, and special purpose vehicles, Toyota Land Cruiser recorded the lowest sales in October, according to the Vietnam Automobile Manufacturers’ Association (VAMA).

Only nine Toyota Land Cruisers were sold in the month, two Prado and seven 200 GX 470 models.

The data does not include VinFast and Hyundai, which are not VAMA members.

Toyota Land Cruiser Prado is a seven-seat SUV, with the prices for the latest edition from VND2.59 billion ($104,300). Photo courtesy of VOV newspaper.

Toyota Land Cruiser Prado is a seven-seat SUV, with the prices for the latest edition from VND2.59 billion ($104,300). Photo courtesy of VOV newspaper.

Other cars with low sales last month were Suzuki Ciaz, a sedan, with eight; and Honda Accord, also a sedan, with 14; Suzuki Swift, a hatchback, with 20; Ford Explorer, a SUV, with 46; and Suzuki Ertiga, a multi-purpose vehicle (MPV) with 46.

Some vehicles with no sales in October included minibus Toyota Hiace, MPV Toyota Granvia, pick-up truck Toyota Hilux, sport utility vehicle (SUV) Ford EcoSport, and others.

In the first 10 months of this year, models with low sales were Granvia with five; Hilux with 10; Ford Tourneo, an MPV, with 24; Hiace with 36; and Ciaz with 36.

The total sales of VAMA members increased 52% year-on-year to 332,963 in the first 10 months of the year. They included 259,928 passenger cars, up 73% year-on-year; 68,498 commercial vehicles, up 6%; and 4,537 special-purpose vehicles, down 1%.

Comments (0)
  • Read More
VSIP Can Tho in southern Vietnam completes 96% of site clearance, 100 hectares leased

VSIP Can Tho in southern Vietnam completes 96% of site clearance, 100 hectares leased

Vinh Thanh Industrial Park (IP), also known as VSIP Can Tho, in Vietnam’s Mekong Delta city of Can Tho, has completed 95.98% of the site clearance.

Industrial real estate - Mon, December 16, 2024 | 12:32 pm GMT+7

Masan Consumer promotes Vietnamese cuisine to international friends

Masan Consumer promotes Vietnamese cuisine to international friends

Masan Consumer, the consumer goods arm of Masan Group, recently showcased its products at the 2024 International Food Festival in Hanoi, helping promote the unique cuisine of Vietnam to visitors from across the globe.

Companies - Mon, December 16, 2024 | 11:08 am GMT+7

Dairy giant Vinamilk to spend over $41 mln on interim dividend payment

Dairy giant Vinamilk to spend over $41 mln on interim dividend payment

Vinamilk, the largest dairy firm in Vietnam, plans to spend VND1.045 trillion ($41.3 million) to pay interim cash dividends to shareholders for the second phase of 2024 at a rate of 5%, according to the company.

Companies - Mon, December 16, 2024 | 10:43 am GMT+7

Universal Scientific Industrial to expand Vietnam investment to $290 mln

Universal Scientific Industrial to expand Vietnam investment to $290 mln

Mainland China-based Universal Scientific Industrial (USI), an electronics supplier under Taiwan-based ASE Technology Holding, will increase its investment in Vietnam to $290 million.

Industries - Mon, December 16, 2024 | 10:33 am GMT+7

Vietnam property market in the hands of large developers: Savills

Vietnam property market in the hands of large developers: Savills

Throughout this year, the Vietnamese real estate market has only truly been active for large, well-established developers, according to Savills Vietnam.

Real Estate - Mon, December 16, 2024 | 8:17 am GMT+7

Top 50 signals the recovery of Vietnam's economy

Top 50 signals the recovery of Vietnam's economy

Vietnam's Top 50 Best-performing Companies of 2024 have solid fundamentals, strong management, and substantial room for growth, says Nguyen Thanh Thao, CEO of Thien Viet Securities Joint Stock Company (TVS).

Companies - Mon, December 16, 2024 | 8:00 am GMT+7

Investment policy adjusted for $59 mln wind power project in central Vietnam

Investment policy adjusted for $59 mln wind power project in central Vietnam

Quang Tri province authorities recently approved an adjustment to the investment policy for Hai Anh wind power plant project, with Hai Anh-Quang Tri Wind Power JSC as its investor.

Energy - Sun, December 15, 2024 | 10:06 pm GMT+7

Latvian man on trial for running loan shark ring with 1,380% interest rate

Latvian man on trial for running loan shark ring with 1,380% interest rate

The Ho Chi Minh City People’s Court is holding the first-instance trial of Aigars Plivės, a 39-year-old Latvian national, for engaging in illegal lending through online platforms with interest rates as high as 1,380% per year, earning VND4.15 trillion ($163.35 million) in illicit profits.

Society - Sun, December 15, 2024 | 8:11 pm GMT+7

Vietnam interest rates under rising pressure to go north in 2024: central bank

Vietnam interest rates under rising pressure to go north in 2024: central bank

Vietnam’s banking sector will face significant challenges in the near future, including mounting pressure for higher interest rates, amidst global economic uncertainty and domestic economic risks, says Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.

Banking - Sun, December 15, 2024 | 2:17 pm GMT+7

Daughter of Vietnam jewelry major PNJ head to spend $15 mln on company’s shares

Daughter of Vietnam jewelry major PNJ head to spend $15 mln on company’s shares

Tran Phuong Ngoc Thao, vice chairwoman of Phu Nhuan Jewelry JSC (PNJ), has registered to purchase 4 million PNJ shares between December 18 and January 16, 2025.

Finance - Sun, December 15, 2024 | 10:20 am GMT+7

Exchange rate to cool down, deposit interest rates to inch up by year-end: broker

Exchange rate to cool down, deposit interest rates to inch up by year-end: broker

While the VND/USD exchange rate may cool off toward the VND25,000 mark, interest rates on savings could see modest increases over the rest of the year, broker MB Securities (MBS) said in its latest macroeconomic report.

Banking - Sun, December 15, 2024 | 10:03 am GMT+7

US policy changes likely to impact Asia and Pacific growth

US policy changes likely to impact Asia and Pacific growth

Asia and the Pacific’s economic growth will remain steady this year and next, but expected U.S. policy changes under the incoming administration of President-elect Donald Trump are likely to affect the region’s longer-term outlook, write Asian Development Bank (ADB) analysts in the latest edition of Asian Development Outlook (ADO).

Consulting - Sun, December 15, 2024 | 8:00 am GMT+7

Vietnamese hospitality firm Vinpearl seeks to mobilize $197 mln before stock relisting

Vietnamese hospitality firm Vinpearl seeks to mobilize $197 mln before stock relisting

Vinpearl JSC, the hospitality arm of Vietnam's leading private conglomerate Vingroup, will offer more than 70 million shares to the public at VND71,350 apiece, for proceeds of over VND5,000 billion (nearly $197 million).

Finance - Sat, December 14, 2024 | 10:12 pm GMT+7

Vietnam has 174 FDI projects in semiconductor sector: minister

Vietnam has 174 FDI projects in semiconductor sector: minister

Vietnam is now hosting 174 foreign-invested projects in the semiconductor sector, with a total registered capital of nearly $11.6 billion, according to Minister of Planning and Investment Nguyen Chi Dung.

Industries - Sat, December 14, 2024 | 4:47 pm GMT+7

‘Euro’ leads Vietnam’s most trending Google search in 2024

‘Euro’ leads Vietnam’s most trending Google search in 2024

Google has released its “Year in Search” list for 2024, with "Euro" emerging as the most trending search term among Vietnamese internet users.

Society - Sat, December 14, 2024 | 3:35 pm GMT+7

Vietnam Airlines posts first profit in 4 years, record revenue since listing

Vietnam Airlines posts first profit in 4 years, record revenue since listing

National flag carrier Vietnam Airlines JSC is estimated to earn VND6.26 trillion ($246.57 million) in pre-tax profit in 2024, marking its first return to profitability since 2020.

Companies - Sat, December 14, 2024 | 2:56 pm GMT+7