Tuesday, April 18, 2023, 10:42 (GMT+7)
In line with the most recent report within the first 3 months of the 12 months, the variety of motorbikes offered in Vietnam tends to lower sharply. Wherein, two nationwide automotive corporations, Honda and Yamaha, share the identical destiny.
Not too long ago, information from the Vietnam Affiliation of Bike Producers (VAMM) has introduced that the gross sales of 5 bike producers together with Honda, Yamaha, Piaggio, Suzuki and SYM solely reached 634,688 models within the first quarter of this 12 months. 2023, down 23.1% from the earlier quarter and down 15.78% year-on-year.
Notably, two main automakers, Honda and Yamaha, additionally noticed gross sales declines of 12.3% and 25.5%, respectively, over the identical interval final 12 months. The fashions that appeal to prospects within the first 3 months of the 12 months, respectively, belong to the automobiles of two huge manufacturers: Honda imaginative and prescient, Honda Wave Alpha, Honda LEAD, Honda Air Blade, Yamaha Grande, and Yamaha Sirius.
As well as, Bike Knowledge additionally introduced gross sales statistics in Vietnam market after the primary 3 months of the 12 months. Particularly, gross sales of bike manufacturers reached 726,807 models, down 10.6% over the identical interval final 12 months. Consumption of digital bikes and scooters decreased by 18.4% and 5.9%, respectively.
The rationale for the lower in gross sales is as a result of bikes geared up with inner combustion engines are below the affect of competitors from Electrical Bikes when the marketplace for this product line is continually heating up. As well as, gross sales information additionally displays a troublesome scenario as a result of low buying energy firstly of the 12 months. Not solely the bike market, the gross sales of automobiles additionally decreased.
Nonetheless, to this point, the variety of soiled motorbikes is displaying indicators of restoration as a result of incentive applications. Due to this fact, many individuals additionally hope that bike producers in Vietnam may even have engaging promotions to stimulate shoppers.