Hanoi - German carmaker Mercedes Benz' sales in Vietnam rose 70 per cent in 2008 despite a slowdown in the country's economy in the second half of the year, the company's local director said Thursday.
"Considering the tough market conditions in the second half of 2008, this is a very good result," said Mercedes Benz Vietnam General Director Udo Loersch.
Overall sales rose to 2,119 units, led by 1,146 sold units of the 16-seat Sprinter van. Loersch said the Sprinter is the leading choice for guest transportation by premium hotels, a sector which has grown sharply in Vietnam over the past two years.
Car sales in Vietnam grew 37 per cent from 2007 to 2008, according to Ngo Van Tru of the Ministry of Industry and Trade, reaching over 110,000 vehicles. Market leader Toyota saw sales rise 20 per cent to 24,421 units.
But Tru said sales will likely fall 20 per cent in 2009 due to a slowing economy.
Car prices in Vietnam are high, due to a 70-per-cent tax on imported cars and parts. (dpa)
Popular content
Today's:
All time:
Last viewed:
- MyECheck launches new centre; achieves more throughput
- Exercise keeps you mentally, physically fit
- China defends its policy of Internet censorship
- Political Gains in Healthcare Sought by GOP
- Listening to Mozart’s sonatas can help premature babies gain weight
- GE and Comcast Reach Agreement over Structure of Board for NBC Universal Joint Venture - Sources
- One-fifth teens in US have unhealthy cholesterol levels
- Swann Launches a Tirade against Pay Hike for Health Service Board Executives
- Iraq's main Sunni parliamentary alliance splits after speaker quits
- Cell transplantation therapy, latest treatment for diabetes


























