Despite the sharp fall, the market maintained positive growth during the first two months. According to VAMA, total market sales by the end of February reached 46,153 units, up 39 per cent compared with the same period last year.
During the five-month span, VAMA members sold a total of 108,309 autos, with the sales of domestically produced units falling 14 per cent and imported vehicles rising 8 per cent year-on-year.