After the first 6 months of 2024, Toyota and Hyundai continue to be the two best-selling brands in the Vietnamese auto market with a difference of only about 1,000 vehicles at the top.
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Vios and Accent continue to be the main sales drivers of Toyota and Hyundai |
According to sales reports from the Vietnam Automobile Manufacturers Association (VAMA) and TC Motor, in the first 6 months of 2024, the entire market sold 140,032 vehicles of all types. Note that this figure only includes VAMA and Hyundai member companies, while brands such as Land Rover, Mercedes-Benz, Subaru, Volkswagen, and Volvo do not announce sales.
Toyota and Hyundai are the two leading names in the entire market in terms of sales. First is Toyota, which sold 23,025 passenger cars (including Lexus) in the first 6 months of the year. The main products of the Japanese giant include Vios (4,215 cars) and Yaris Cross (3,750 cars).
As for Hyundai, the Korean brand delivered a total of 19,293 passenger cars in the first half of 2024. Including commercial vehicles, Hyundai's sales in the past 6 months reached 24,381 vehicles, ranking above Toyota. The B-segment sedan - Accent continues to be the company's "golden goose" with 4,988 vehicles sold since the beginning of the year.
Ford ranked third after Toyota and Hyundai with 17,651 vehicles sold. Although it only offers 5 product lines in Vietnam, the American car company has 4 best-selling models in the top segment.
The most prominent of these are the Ford Ranger (7,743 vehicles) and Ford Everest (4,442 vehicles), contributing to nearly 70% of the company's sales. In addition, the company also has the Transit - a model that has always led the minibus segment (16-seat commercial vehicles) in Vietnam, along with the Territory, which is second only to the Mazda CX-5 in the C-class high-chassis vehicle segment.
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Coming in at 4th and 5th place respectively are Mitsubishi and Kia. These two brands compete quite closely, both achieving sales of more than 14,000 vehicles in the first 6 months of 2024.
Of which, Mitsubishi's sales reached 14,662 vehicles. This result is largely due to the Xpander - a model that has sold 7,773 units since the beginning of the year and is leading the market. In addition, the Japanese car company is also growing strongly in the B-size SUV/crossover segment with its rookie Xforce, selling 3,890 units despite only delivering cars since March.
As for Kia, the Korean automaker only sold about 600 fewer cars than Mitsubishi and ranked 5th. The main drivers of Kia's sales in the first 6 months of the year were the urban SUV duo Sonet and Seltos and the MPV Carnival. These 3 names sold a total of 8,499 cars, accounting for 60% of Kia's total car sales since the beginning of the year.
The remaining names in the ranking of best-selling car brands in the first 6 months of 2024 include: Mazda (12,679 vehicles), Honda (10,481 vehicles), Thaco Truck (7,248 vehicles), Suzuki (6,359 vehicles) and Isuzu (4,136 vehicles). In particular, Thaco Truck and Isuzu's sales mainly come from commercial vehicles.
Top 10 best-selling car brands in Vietnam in the first half of 2024
Class | Trademark | Sales from the beginning of 2024 | Best selling car model |
1 | Hyundai | 24,381 | Hyundai Accent (4,988 cars) |
2 | Toyota | 23,025 | Toyota Vios (4,215 cars) |
3 | Ford | 17,651 | Ford Ranger (7,743 vehicles) |
4 | Mitsubishi | 14,662 | Mitsubishi Xpander (7,773 cars) |
5 | Kia | 14,007 | Kia Sonet (3,419 cars) |
6 | Mazda | 12,679 | Mazda CX-5 (5,270 cars) |
7 | Honda | 10,481 | Honda City (3,316 cars) |
8 | Thaco Truck | 7,248 | Thaco Light Truck (3,375 vehicles) |
9 | Suzuki | 6,359 | Suzuki XL7 (1,780 cars) |
10 | Isuzu | 4,136 | Isuzu Truck (2,881 vehicles) |