VAMM reports increasing motorcycle sales in Q2

Members of the Vietnam Association of Motorcycle Manufacturers (VAMM) sold a total of 667,360 motorcycles in the second quarter of 2021, a year-on-year rise of 28.65 percent.

Five VAMM members – Honda, Yamaha, Piaggio, Suzuki, and SYM – are producing and distributing nearly 100 models of motorbikes, from middle-end to high-end and luxurious vehicles.

Honda Vietnam, which is manufacturing and distributing 29 types of motorbikes, accounts for about 80 percent of the market share.

It sold 149,853 motorbikes in June, down 16.9 percent month on month and 14.2 percent year on year.

Wave Alpha was the bestseller, with 32,578 units, or 21.7 percent of the total, while Vision was the most popular scooter, with 38,542 units delivered, or 25.7 percent.

Besides domestic sales, some member units of VAMM also export their completed motorcycle products to many countries and territories.

Notably, Honda Vietnam exported 17,151 motorbikes to foreign markets./.

Source: Vietnam News Agency