Category: Vietnam

Vietnamese vehicles market surged 30.8% in July with 24.393 sales. The leader Toyota signed an impressive +72.7%, holding 30.2% of share. However, the best Top 10 brands were Mitsubishi (+395.5%) and Suzuki (+169.1%), while Hyundai crumbled down 81.7%.

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.

Vietnam vehicles industry will break the 200.000 units in the 2015 thanks to the record pace followed during the entire year. Starting from this article we’ll report data and figures for the entire vehicles, including trucks and bus.

Kia Vietnam is the new dominator in the market while sales boom is not over and the first half 2015 ended with sales soared an astonishing 58%. Toyota held the podium with the three best-selling models.

Vietnam Automotive news are amazing this year with sales booming on top of the 2014 all-time record. In May sales soared 40% with Kia that has sharply taken distance from the former leader Toyota.

Vietnam Light Vehicle Sales kept booming in the Q1 2015 further improving over last year record. Kia doubled sales and now its gap from the leader Toyota is narrow. Mazda jumped in 4th place with several models growing in triple-digit.

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.

Vietnam Car Market Insights report was conducted in January 2015 featuring the current domestic light passenger vehicle scenario with deep analysis of facts, data and trends, for one of fastest growing car market.

Tax cut on import unleashed automotive industry in Vietnam as it’s confirmed by the huge sales increase scored in the third quarter 2014 when market was almost 50% up. Market is now entered in a new stage of development.

2014 Vietnam car market is booming and in April it scored a performance one third higher from year ago posting the fifth year on year increase in a string. Albeit losing share, Toyota still dominate the market. See data & statistics on brands and models.

December 2013, car sales boomed above 20% as Vietnamese car market is improving from the negative peak touched in 2012. The full year ended up 7.4%: Toyota dominates squashed competitors and was voted Brand of the Year with Three models on top of Model of the Year.

September 2013 sales statistics for the Vietnamese car market were up for the the sixth month in a row pushed by vehicles duties reduction. Year to date the market was 7.4% up. Toyota kept the astonishing market share while Mazda gained space.

In August 2013, the Vietnam’s car market posted the 5th year-on-year increase in a row pushed by vehicles duties reduction and grew 6.1%, with year-to-date sales up 7.3%. While Honda kept the outstanding momentum, Kia is falling down.

In Vietnam there is the highest concentration of car market in one brand, as Toyota market share is near 50%. The dominion is confirmed by the year-to-date May model ranking: Fortuner, Corolla, Innova, Camry and Vios. Five Toyota’s in Top5.

March car market in Vietnam was hit by expectations over incumbent fees reduction on car registrations and dropped 37% from last year. However the first quarter ended up 2.5%. Toyota reinforced its dominium on market as Kia collapsed.