Domestic motorcycle market breaks through in Q1

  • Honda Vietnam in March 2025 sells 202,546 vehicles domestically, marking a 50.9% increase compared to the same month last year. VNA Photo: Văn Xuyên
    Honda Vietnam in March 2025 sells 202,546 vehicles domestically, marking a 50.9% increase compared to the same month last year. VNA Photo: Văn Xuyên
  • The introduction of electric motorcycles and innovative promotional strategies have not only boosted sales but also reshaped consumer preferences, opening new avenues for growth among major brands and electric vehicle manufacturers. VNA Photo: Văn Xuyên
    The introduction of electric motorcycles and innovative promotional strategies have not only boosted sales but also reshaped consumer preferences, opening new avenues for growth among major brands and electric vehicle manufacturers. VNA Photo: Văn Xuyên
  • Honda Vietnam remains the dominant player in the market, commanding over 80% of market share. VNA Photo: Văn Xuyên
    Honda Vietnam remains the dominant player in the market, commanding over 80% of market share. VNA Photo: Văn Xuyên

VNA Photos

Domestic motorcycle market breaks through in Q1
04/19/2025 10:20 | TTXVN
The local motorcycle market is experiencing a significant recovery in the first quarter of 2025, with sales surpassing 673,000 units, reflecting an impressive increase of 11.48% compared to the same period last year. A total of 673,055 motorcycles were sold in the first three months of 2025, signalling a rebound after a period of stagnation. The Vietnam Association of Motorcycle Manufacturers (VAMM) reports that its five members -Honda Vietnam, Yamaha Motor Vietnam, Piaggio Vietnam, Vietnam Suzuki, and SYM Vietnam- now offer nearly 100 models. These range in price from 18 million VND to over 1.2 billion VND (720-48,000 USD), catering to a wide array of consumer needs, from students and workers, to enthusiasts of higher-powered motorcycles. VNA Photo: Văn Xuyên

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