How many motorbikes in Vietnam
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How many motorbikes in Vietnam? Motorbike in Vietnam continues to increase consumption: According to the Association of Automobile Manufacturers of Vietnam (VAMM), in the third quarter of 2018, the members of this Association have sold nearly 865,000 motorbikes in Vietnam.
It is only the number of motorbikes consumed in the country, not the number of motorbikes produced and the number of motorbikes for export.
Specifically, VAMM members (Honda, Yamaha, Piaggio, Suzuki and SYM) sold 864,958 motorbikes in Vietnam in the third quarter, up 2.3% over the same period last year.
This is the number of motorbikes sold in Vietnam. It is not the number of vehicles produced, nor the number of vehicles exported. Remarkably, this figure includes all imported large cylinder motorbikes on the market, such as the Honda Rebel 300/500, 500cc motorbikes, 1000cc sports models, Yamaha models. R3, MT-03, Vespa GTS 300, Suzuki with GSX-1000 or V-Storm 1000...
With the number of motorbikes sold in Vietnam, VAMM has set the highest sales since the beginning of the year; Even during the first quarter of 2018 which was the previous Lunar New Year season, motorbikes sold in Vietnam reached the figure of about 800,000 vehicles.
With this growth, VAMM members believe that the 2018 figure will surpass that of 2017 when 3,27 million motorbikes were sold in Vietnam.
The Vietnamese consumer market is still focused on two-wheeled vehicles, which is a major problem for the Vietnam Automobile Manufacturers Association (VAMA) when the country's auto market has conditions to develop. But there are only 35 cars / 1,000 inhabitants.
Currently, besides the products of VAMM members, the motorbike market in Vietnam also includes a number of imported motorbike brands, such as Kawasaki, KTM or Ducati, Royal-Enfield, Kymco...
Each year, the Vietnamese people buy from 2.7 million to 3.3 million new motorbikes, about 8,000 new motorbikes are registered per day. In 2018, Vietnam has more than 45 million motorbikes on the road.
In Vietnam, motorbikes are still considered the main means of transport for the majority because of the limit of public transport infrastructure. On average, the motorbike in Vietnam represents the figure of 2 persons / 1 vehicle.