Vietnam August 2024: Mitsubishi Xforce repeats at #1, Ford Ranger now #1 YTD

The Mitsubishi Xforce is the clear leader in Vietnam in August.

According to local association VAMA, the Vietnamese new car market is up 11.8% year-on-year in August to 25,196 sales, leading to a year-to-date tally up 15.4% to a round 189,000. These figures climb to 29,875 (+16.3%) and 223,107 (+1.5%) when adding Hyundai which reports separately. 

Toyota (+19.8%) retains the brands top spot with 15.7% share but its advantage over #2 Hyundai (+48.8%) is only 21 sales. Hyundai stays at #1 year-to-date. Mitsubishi (+69.2%) posts a fantastic score and overtakes Thaco-Kia (-18.6%) to snap the third position with 13.7% share vs. 10.1% so far this year. Ford (+17%) also shines at #5.

Model-wise, the new Mitsubishi Xforce repeats at #1 but whereas last month the gap with the #2 was just 3 units, this time the Xforce sells almost double its direct follower, the Ford Ranger (+14.5%). The Ranger also snaps the year-to-date pole position in the process, dislodging the Mitsubishi Xpander (-41%) down to #5 for the month. #1 a year ago, the Mazda CX-5 (-38%) drops to #3. The Toyota Vios (+250.7%) once again catches up on a poor year-ago result and ranks #4.

Previous month: Vietnam July 2024: Mitsubishi Xforce best-seller

One year ago: Vietnam August 2023: Mazda CX-5 and Mitsubishi Xpander top freefalling market

Full August 2024 Top 16 All manufacturers and Top 66 All models below.

Vietnam August 2024 – manufacturers:

Pos Brand Aug-24 % /23 Jul 2024 % /23 Pos FY23
1 Toyota 4,700 15.7% + 19.8% 1 33,517 15.0% – 2.5% 2 2
2 Hyundai 4,679 15.7% + 48.8% 2 34,107 15.3% – 3.1% 1 1
3 Mitsubishi 4,091 13.7% + 69.2% 4 22,548 10.1% + 20.0% 5 6
4 Thaco-Kia 3,733 12.5% – 18.6% 3 30,171 13.5% – 13.5% 3 3
5 Ford 3,270 10.9% + 17.0% 5 24,071 10.8% + 3.0% 4 4
6 Mazda 2,509 8.4% – 17.2% 6 17,691 7.9% – 12.7% 6 5
7 Honda 1,160 3.9% – 18.9% 7 14,047 6.3% + 12.2% 7 7
8 Isuzu 770 2.6% + 12.1% 8 5,950 2.7% + 10.3% 9 10
9 Suzuki 469 1.6% – 47.5% 9 7,205 3.2% – 27.6% 8 9
10 Peugeot 257 0.9% + 33.2% 10 1,871 0.8% + 15.8% 10 11
11 Hyundai Trucks 160 0.5% + 97.5% 11 1,475 0.7% + 105.4% 11 15
12 BMW+Mini 124 0.4% – 37.1% 12 1,127 0.5% – 12.6% 12 13
13 Hino 79 0.3% – 37.8% 13 1,045 0.5% – 30.5% 13 12
14 Lexus 61 0.2% – 61.9% 14 857 0.4% – 19.5% 14 14
15 Samco 18 0.1% – 25.0% 15 221 0.1% + 61.3% 15 16
16 Daewoo Bus 7 0.0% – 91.3% 16 35 0.0% – 77.0% 16 18

Vietnam August 2024 – models:

Note: Some manufacturers such as BMW, Lexus and Peugeot don’t share models detail.

Pos Model Aug-24 % /23 Jul 2024 % /23 Pos FY23
1 Mitsubishi Xforce 2,504 8.4% new 1 8,142 3.6% new 3  –
2 Ford Ranger 1,274 4.3% + 14.5% 4 10,293 4.6% + 4.1% 1 4
3 Mazda CX-5 1,070 3.6% – 38.0% 6 7,384 3.3% – 16.2% 4 3
4 Toyota Vios 1,010 3.4% + 250.7% 2 6,970 3.1% + 16.5% 5 5
5 Mitsubishi Xpander 1,003 3.4% – 41.0% 3 10,268 4.6% – 16.3% 2 1
6 Hyundai Accent 937 3.1% – 6.5% 7 6,910 3.1% – 29.7% 6 2
7 Toyota Yaris Cross 927 3.1% new 5 5,919 2.7% new 8 34
8 Ford Everest 812 2.7% + 21.6% 8 6,205 2.8% + 4.6% 7 9
9 Hyundai Creta 613 2.1% + 67.5% 12 4,113 1.8% – 23.2% 12 7
10 Toyota Corolla Cross 577 1.9% – 65.9% 14 3,276 1.5% – 64.2% 16 8
11 Ford Territory 576 1.9% + 13.6% 11 4,262 1.9% – 8.7% 11 13
12 Ford Transit 575 1.9% + 13.4% 45 2,857 1.3% + 5.3% 22 26
13 Toyota Veloz Cross 538 1.8% + 6.7% 9 4,071 1.8% – 26.5% 13 12
14 Hyundai Santa Fe 511 1.7% + 127.1% 19 3,141 1.4% + 2.1% 20 16
15 Mazda2 442 1.5% + 54.5% 22 3,239 1.5% + 25.8% 18 25
16 Kia Seltos 439 1.5% – 54.7% 17 3,572 1.6% – 31.0% 14 11
17 Kia Sonet 430 1.4% – 59.6% 21 4,341 1.9% – 33.5% 10 6
18 Hyundai Tucson 425 1.4% + 129.7% 18 3,034 1.4% + 50.7% 21 18
19 Honda City 421 1.4% + 8.2% 10 4,481 2.0% – 25.8% 9 10
20 Toyota Innova Cross 406 1.4% new 33 2,740 1.2% new 24 61
21 Mazda3 380 1.3% – 32.1% 26 2,816 1.3% – 23.8% 23 15
22 Hyundai Stargazer 377 1.3% + 305.4% 15 2,111 0.9% – 4.0% 29 27
23 Kia Carens 366 1.2% + 22.0% 24 2,607 1.2% + 18.6% 27 30
24 Hyundai Grand i10 310 1.0% – 19.5% 23 2,731 1.2% – 42.6% 25 14
25 Kia K3 308 1.0% + 54.0% 29 2,149 1.0% + 10.5% 28 33
26 Hyundai Venue 297 1.0% new 30 2,102 0.9% new 30 69
27 Toyota Raize 296 1.0% + 14.7% 25 2,656 1.2% – 23.5% 26 24
28 Honda CR-V 291 1.0% – 43.9% 16 3,203 1.4% + 6.4% 19 19
29 Kia Sportage 291 1.0% + 177.1% 37 1,518 0.7% – 1.9% 39 42
30 Kia Carnival 280 0.9% – 25.9% 20 3,253 1.5% – 3.3% 17 21
31 Toyota Fortuner 236 0.8% + 1.7% 27 1,799 0.8% – 25.6% 35 31
32 Mitsubishi Attrage 233 0.8% – 26.5% 34 1,571 0.7% – 50.0% 38 22
33 Suzuki Carry Pro 228 0.8% + 5600.0% 36 1,805 0.8% + 45025.0% 34 67
34 Mazda CX-3 225 0.8% + 275.0% 32 1,490 0.7% + 48.6% 41 48
35 Hyundai Custin 217 0.7% new 41 1,646 0.7% new 37 46
36 Mitsubishi Outlander 217 0.7% + 59.6% 47 839 0.4% – 37.6% 50 40
37 Honda HR-V 213 0.7% + 3.4% 13 3,329 1.5% + 61.6% 15 28
38 Mazda CX-8 210 0.7% – 15.7% 38 1,492 0.7% – 20.6% 40 36
39 Honda BR-V 208 0.7% – 17.8% 28 2,100 0.9% + 291.8% 31 35
40 Toyota Hilux 206 0.7% + 1371.4% 31 1,053 0.5% + 1124.4% 46 71
41 Toyota Wigo 200 0.7% – 11.1% 35 1,717 0.8% + 108.9% 36 45
42 Suzuki Carry 170 0.6% + 4.9% 55 1,873 0.8% – 17.3% 32 32
43 Mazda CX-30 140 0.5% + 169.2% 43 944 0.4% + 0.4% 47 47
44 Hyundai Elantra 132 0.4% – 14.3% 42 1,080 0.5% – 33.9% 45 37
45 Toyota Avanza Premio 129 0.4% – 56.4% 40 1,243 0.6% – 40.6% 43 29
46 Hyundai Palisade 102 0.3% new 46 778 0.3% new 51 63
47 Mitsubishi Triton 86 0.3% – 47.6% 39 1,281 0.6% – 6.3% 42 38
48 Toyota Camry 65 0.2% – 52.9% 44 854 0.4% – 50.3% 49 41
49 Kia Sorento 62 0.2% + 3.3% 49 564 0.3% – 43.3% 52 50
50 Isuzu D-Max 60 0.2% + 185.7% 57 280 0.1% – 23.1% 60 62
51 Suzuki Jimny 57 0.2% new 58 261 0.1% new 61  –
52 Mitsubishi Pajero Sport 48 0.2% – 52.0% 54 447 0.2% – 32.5% 55 58
53 Toyota Innova 46 0.2% – 62.0% 53 434 0.2% – 68.4% 56 44
54 Mazda6 42 0.1% – 16.0% 59 321 0.1% – 58.0% 58 55
55 Kia Morning 38 0.1% – 47.2% 56 489 0.2% – 53.1% 53 49
56 Ford Explorer 33 0.1% n/a 51 454 0.2% + 167.1% 54 65
57 Toyota Corolla 33 0.1% – 52.9% 48 319 0.1% – 69.8% 59 52
58 Honda Civic 24 0.1% – 61.3% 52 877 0.4% + 4.2% 48 53
59 Toyota Land Cruiser 22 0.1% – 58.5% 50 374 0.2% + 12.3% 57 60
60 Isuzu MU-X 20 0.1% + 53.8% 64 124 0.1% + 3.3% 65 66
61 Kia Soluto 19 0.1% – 76.3% 61 243 0.1% – 64.1% 62 56
62 Kia K5 14 0.0% – 82.5% 60 187 0.1% – 70.9% 64 57
63 Suzuki XL7 13 0.0% – 92.4% 62 1,813 0.8% – 3.1% 33 39
64 Toyota Alphard 9 0.0% + 125.0% 65 83 0.0% + 15.3% 66 70
65 Honda Accord 3 0.0% + 50.0% 67 57 0.0% + 83.9% 67 73
66 Suzuki Super Carry Pro 1 0.0% – 99.8% 68 20 0.0% – 99.6% 68 20

Source: VAMA, Hyundai

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