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Update news vietnam's motorbike industry
Motorbike sales continued to decrease sharply in the second quarter compared with the same period last year, despite sale promotions over many months.
VN’s motorcycle market stumbled in the first three months of 2023 as demand dropped. The market had an impressive 2022 with sales of 3.38 million units following a two-year slump due to the COVID-19 pandemic.
The production volume of assembled motorbikes in Vietnam in 2022 amounted to 3.32 million, indicating a slight increase of 9.9% in comparison to last year’s figure.