Vietnamese vehicles market started at an awful pace in January, while bouncing back up in February. However, year-to-date figures in February are down 22.7% at 31.929 units. The market dominator Toyota contains the losses thanks to an outstanding performance in February (+103.6%).
Vietnamese vehicles market in 2019 signed the new All time record. Indeed, the full-year ended at 293.563, surging 14.3%. The star of the year was Mitsubishi, booming over 200%, while Toyota widened the gap from the followers, ending at 26.9% of share.
Vietnamese vehicles market grew 11.1% in 2018 reaching the second highest volume in history, ending the year with 278.352 units sold. Toyota is again the market leader - with 23.4% of market share - while Honda scored an impressive performance, gaining the 4th place.
Vietnam Vehicles Market in 2017 declined 12.6% after a series of 6 all time record in a row, maintaining untouched the high potential. Toyota gained 4% reinforcing the leadership in the market ahead of Kia and Ford. Toyota Vios was the best-selling car.
Vietnam Auto Market 2016 outpace the milestone of 0.3 million sales while hitting the All Time record, the fourth in a row. Toyota still leader, but Kia is fast growing and reduced the gap by two third.
Vietnam Autos boomed again in the first half 2016 at the highest level ever fueled by a strong economy and high consumer's demand. Kia was second putting on the shoulder the local truck maker, Thaco.
Vietnam Automotive Industry in Q1 2016 hit the best volume ever albeit a shy start. The market is again fueled by growing consumer's demand despite economic indicators are reporting a more moderate growth.
Vietnam Vehicles Market in 2015 hit the new record doubling volumes in only three years. Behind the leadership of Toyota, several brands performed really fast with Mazda better than all others. The top model is Korean.
In 2014 Vietnam New Vehicle Market hit the all-time record with a tremendous improvement from the previous year at 142.352 units, thanks to soaring economy and new vehicles tax reduction.