Ford sees rising number of vehicle sales despite new tax policy

Created 14 November 2017
  • PDF
Editor Choice
Share
(0 votes, average 0 out of 5)

Ford Vietnam saw an increase in October retail sales from the previous month to 2,282 vehicles amid a slowdown in industry sales as customers delay purchases ahead of the new tax policy slated for January.

Ford Explorer. — VNS Photo

HCM CITY — Ford Vietnam saw an increase in October retail sales from the previous month to nearly 2,300 vehicles amid a slowdown in industry sales as customers delay purchases ahead of the new tax policy slated for January.

Led by the Ranger, Transit, and EcoSport, the company’s year-to-date sales have risen slightly versus last year to more than 23,600 vehicles, representing a market share of 10.4 per cent.

“Our sales remained steady in October as the overall demand continued to slow ahead of the new tax policy’s implementation,” said Phạm Văn Dũng, managing director for Ford Vietnam.

The Ranger model delivered an exceptional month with retail sales rising 13 per cent from the previous month to 1,425 vehicles. It continues to lead Việt Nam’s pickup segment with year-to-date sales that have increased 7 per cent to 12,159 vehicles.

The popular Transit reached October sales of 360 vehicles and year-to-date sales of 4,929 vehicles.

Both the EcoSport compact SUV and Explorer premium SUV continued to lead their respective segments.

The EcoSport delivered October sales that rose 5 per cent from the previous month to 280 vehicles, driving its year-to-date sales up to 3,205 vehicles. The Explorer recorded sales of 75 vehicles in October with year-to-date sales reaching 981 vehicles.

Year-to-date sales of the sporty Focus increased 21 per cent to 874 vehicles, including October sales of 74 vehicles. — VNS


Source: VNN

Maybe You Also Interesting :

» Solar power set for bus commuters and tourists

The central city of Đà Nẵng will install a solar power system to provide free charging for mobile phones, wifi and place advertising at public bus stops...

» Fund manager allegedly absconds with VNĐ50 billion

The State Bank of Việt Nam (SBV) branch in the southern province of Đồng Nai is inspecting the delay in paying interest and returning savings to...

» Gender inequality in ethnic minority groups: survey

Gender inequality in ethnic minorities is seen in different fields, including economy, labour, education, training and healthcare.

Popular News Categories:

- Asia & Asean  |  EU & Russia  |  America

- Facts  |  Urban  |  Faculty  |  Environment

- Business  |  Finance  |  Market Health

- Destination  |  Cuisine  |  Arts Music

- Cinema  |  Soccer  |  Sports  |  IT & Internet