Vietnamese buy fewer motorbikes amid pandemic
VietReader 16-10-2020, 08:36

Vietnamese buy fewer motorbikes amid pandemic

The second quarter saw the lowest sales this year of 518900 due to the nationwide social distancing campaign imposed in April to curb the spread of the novel coronavirus.

Sales began to recover in the third quarter and rose 30.6 percent quarter-on-quarter to 677700.

VAMM is made up by Honda, Piaggio, Suzuki, SYM, and Yamaha, but only Honda release sales figures.

The Japanese giant, which has an over 80 percent market share, saw April-September sales fall 25 percent year-on-year to 958900 units.

Last year Vietnam, with sales of 327 million units, was the
fourth largest motorbike market
globally behind India, China and Indonesia, unchanged from 2018 according to Italian market research firm Motorcycles Data.