The Mitsubishi Xpander is now the favourite of Vietnamese consumers YTD.
Based on data by local association VAMA, new vehicle sales in Vietnam rally back up 24.4% year-on-year in May to 25,794. Keep in mind May 2023 was down -52.7% on the year prior. This way, the year-to-date tally is now off -4.6% to 108,309. Adding Hyundai sales that are reported separately from VAMA, these figures climb to 30,708 for the month (+26.4%) and 127,643 YTD (+0.5%). Note local carmaker Vinfast has stopped reporting monthly sales data.
In the brands ranking, Toyota (+43.4%) and Hyundai (+37.5%) both vastly outrun the market to 17.4% and 16% share respectively vs 13.4% and 15.1% so far the year. Thaco-Kia (+0.2%) is stat at #3. Hyundai retains the YTD lead. Ford (+40%) and Mitsubishi (+74.8%) also shine whereas Honda (-32.9%) and Mazda (-0.9%) underperform.
As for models, the Mitsubishi Xpander lodges a 4th monthly win this year, this time by a large margin of one percentage point of share above the Ford Ranger (+58.5%). As a result the Xpander topples the Ranger to secure the YTD pole position. The Toyota Corolla Cross (-1.8%) shoots back up 60 spots on April to #3 but loses ground year-on-ear. The Hyundai Accent is up one rank on last month to #4 while the new Toyota Yaris Cross is down one to #5.
Previous month: Vietnam April 2024: Mitsubishi Xpander #1 for just one sale, Toyota Yaris Cross and Innova Cross up
One year ago: Vietnam May 2023: Vinfast VF 8 most popular in devastated market (-48.8%)
Full May 2024 Top 15 All brands and Top 70 All models below.
Note: Brands data include medium and heavy commercial vehicles, models data doesn’t. Some brands such as BMW, Lexus, Mini and Peugeot don’t share models detail.
Vietnam May 2024 – brands:
| Pos | Brand | May-24 | % | /23 | Apr | 2024 | % | /23 | Pos | FY23 |
| 1 | Toyota | 5,356 | 17.4% | + 43.4% | 1 | 17,160 | 13.4% | – 20.4% | 3 | 2 |
| 2 | Hyundai | 4,914 | 16.0% | + 37.5% | 2 | 19,334 | 15.1% | – 15.6% | 1 | 1 |
| 3 | Thaco-Kia | 4,024 | 13.1% | + 0.2% | 3 | 17,913 | 14.0% | – 14.4% | 2 | 3 |
| 4 | Ford | 3,270 | 10.6% | + 40.0% | 4 | 14,144 | 11.1% | – 1.1% | 4 | 4 |
| 5 | Mitsubishi | 3,151 | 10.3% | + 74.8% | 5 | 11,709 | 9.2% | + 10.6% | 5 | 6 |
| 6 | Mazda | 2,290 | 7.5% | – 0.9% | 6 | 10,117 | 7.9% | – 10.8% | 6 | 5 |
| 7 | Honda | 1,179 | 3.8% | – 32.9% | 7 | 9,100 | 7.1% | + 12.8% | 7 | 7 |
| 8 | Isuzu | 812 | 2.6% | + 4.1% | 9 | 3,308 | 2.6% | + 1.4% | 9 | 10 |
| 9 | Suzuki | 753 | 2.5% | – 57.4% | 8 | 5,949 | 4.7% | – 11.4% | 8 | 9 |
| 10 | Hyundai Trucks | 236 | 0.8% | + 103.4% | 10 | 843 | 0.7% | + 96.0% | 11 | 15 |
| 11 | Peugeot | 234 | 0.8% | + 37.6% | 11 | 1,066 | 0.8% | + 1.8% | 10 | 11 |
| 12 | BMW+Mini | 151 | 0.5% | + 15.3% | 12 | 660 | 0.5% | – 11.3% | 13 | 13 |
| 13 | Hino | 148 | 0.5% | + 14.7% | 13 | 750 | 0.6% | – 17.6% | 12 | 12 |
| 14 | Lexus | 140 | 0.5% | – 16.7% | 14 | 550 | 0.4% | – 14.7% | 14 | 14 |
| 15 | Samco | 25 | 0.1% | + 19.0% | 15 | 162 | 0.1% | + 100.0% | 15 | 16 |
Vietnam May 2024 – models:
| Pos | Model | May-24 | % | /23 | Apr | 2024 | % | /23 | Pos | FY23 |
| 1 | Mitsubishi Xpander | 1,766 | 5.8% | + 50.8% | 1 | 6,537 | 5.1% | – 2.4% | 1 | 1 |
| 2 | Ford Ranger | 1,477 | 4.8% | + 58.5% | 2 | 6,301 | 4.9% | + 4.8% | 2 | 4 |
| 3 | Toyota Corolla Cross | 996 | 3.2% | – 1.8% | 63 | 1,367 | 1.1% | – 76.2% | 29 | 8 |
| 4 | Hyundai Accent | 924 | 3.0% | + 0.4% | 5 | 4,020 | 3.1% | – 32.0% | 3 | 2 |
| 5 | Toyota Yaris Cross | 902 | 2.9% | new | 4 | 2,939 | 2.3% | new | 8 | 34 |
| 6 | Mazda CX-5 | 892 | 2.9% | – 2.1% | 8 | 4,011 | 3.1% | – 4.0% | 4 | 3 |
| 7 | Ford Everest | 811 | 2.6% | + 27.7% | 9 | 3,612 | 2.8% | – 7.3% | 5 | 9 |
| 8 | Mitsubishi Xforce | 802 | 2.6% | new | 6 | 2,942 | 2.3% | new | 7 | – |
| 9 | Toyota Vios | 766 | 2.5% | + 30.7% | 3 | 3,446 | 2.7% | – 0.9% | 6 | 5 |
| 10 | Toyota Veloz | 604 | 2.0% | + 2.4% | 14 | 2,097 | 1.6% | – 42.4% | 14 | 12 |
| 11 | Ford Territory | 540 | 1.8% | + 29.8% | 19 | 2,201 | 1.7% | – 22.8% | 11 | 13 |
| 12 | Mazda2 | 509 | 1.7% | + 31.9% | 20 | 2,011 | 1.6% | + 11.2% | 18 | 25 |
| 13 | Hyundai Santa Fe | 496 | 1.6% | + 77.8% | 12 | 1,546 | 1.2% | – 22.4% | 24 | 16 |
| 14 | Kia Seltos | 481 | 1.6% | + 6.9% | 18 | 2,020 | 1.6% | – 19.2% | 17 | 11 |
| 15 | Toyota Innova Cross | 461 | 1.5% | new | 7 | 1,535 | 1.2% | new | 26 | 61 |
| 16 | Hyundai Stargazer | 444 | 1.4% | + 62.6% | – | 574 | 0.4% | – 66.8% | 48 | 27 |
| 17 | Kia Carnival | 442 | 1.4% | + 7.8% | 17 | 2,026 | 1.6% | – 1.5% | 15 | 21 |
| 18 | Toyota Raize | 433 | 1.4% | – 1.8% | 26 | 1,564 | 1.2% | – 40.5% | 23 | 24 |
| 19 | Hyundai Tucson | 430 | 1.4% | + 157.5% | 16 | 1,530 | 1.2% | + 32.2% | 27 | 18 |
| 20 | Hyundai Creta | 422 | 1.4% | – 15.3% | 15 | 2,128 | 1.7% | – 43.7% | 13 | 7 |
| 21 | Ford Transit | 413 | 1.3% | + 25.5% | 13 | 1,951 | 1.5% | + 39.6% | 19 | 26 |
| 22 | Kia Sonet | 366 | 1.2% | – 57.7% | 11 | 2,818 | 2.2% | – 18.9% | 10 | 6 |
| 23 | Hyundai Grand i10 | 319 | 1.0% | – 21.6% | 34 | 1,889 | 1.5% | – 40.0% | 20 | 14 |
| 24 | Honda CR-V | 317 | 1.0% | – 2.8% | 10 | 2,023 | 1.6% | + 35.3% | 16 | 19 |
| 25 | Kia K3 | 315 | 1.0% | + 57.5% | 29 | 1,138 | 0.9% | – 12.1% | 33 | 33 |
| 26 | Suzuki Carry Pro | 308 | 1.0% | new | 27 | 1,215 | 1.0% | new | 31 | 67 |
| 27 | Toyota Hilux | 308 | 1.0% | + 1239.1% | – | 308 | 0.2% | + 450.0% | 54 | 71 |
| 28 | Mazda3 | 305 | 1.0% | – 24.7% | 24 | 1,624 | 1.3% | – 19.4% | 22 | 15 |
| 29 | Honda City | 303 | 1.0% | – 70.7% | 21 | 2,873 | 2.3% | – 37.9% | 9 | 10 |
| 30 | Hyundai Venue | 295 | 1.0% | new | 28 | 1,173 | 0.9% | new | 32 | 69 |
| 31 | Kia Carens | 293 | 1.0% | + 42.9% | 23 | 1,479 | 1.2% | + 24.8% | 28 | 30 |
| 32 | Suzuki Ertiga | 287 | 0.9% | + 537.8% | 38 | 1,122 | 0.9% | + 429.2% | 34 | 54 |
| 33 | Honda BR-V | 256 | 0.8% | new | 25 | 1,304 | 1.0% | new | 30 | 35 |
| 34 | Toyota Fortuner | 246 | 0.8% | – 14.3% | 31 | 873 | 0.7% | – 43.6% | 37 | 31 |
| 35 | Hyundai Custin | 231 | 0.8% | new | 35 | 1,098 | 0.9% | new | 35 | 46 |
| 36 | Mazda CX-3 | 215 | 0.7% | + 83.8% | 41 | 813 | 0.6% | + 11.5% | 41 | 48 |
| 37 | Mitsubishi Attrage | 213 | 0.7% | – 33.2% | 37 | 814 | 0.6% | – 59.1% | 40 | 22 |
| 38 | Hyundai Elantra | 213 | 0.7% | + 43.9% | 46 | 709 | 0.6% | – 30.8% | 45 | 37 |
| 39 | Toyota Wigo | 200 | 0.7% | n/a | 30 | 987 | 0.8% | n/a | 36 | 45 |
| 40 | Kia Sportage | 195 | 0.6% | + 21.9% | 36 | 745 | 0.6% | – 35.9% | 43 | 42 |
| 41 | Honda Civic | 192 | 0.6% | + 113.3% | 40 | 663 | 0.5% | + 13.7% | 46 | 53 |
| 42 | Mazda CX-8 | 175 | 0.6% | – 19.0% | 39 | 859 | 0.7% | – 15.0% | 38 | 36 |
| 43 | Toyota Avanza | 167 | 0.5% | – 17.7% | 43 | 750 | 0.6% | – 37.3% | 42 | 29 |
| 44 | Mitsubishi Triton | 163 | 0.5% | + 14.8% | 44 | 742 | 0.6% | – 10.0% | 44 | 38 |
| 45 | Hyundai Palisade | 153 | 0.5% | new | 47 | 491 | 0.4% | new | 50 | 63 |
| 46 | Mitsubishi Outlander | 139 | 0.5% | – 7.3% | 52 | 392 | 0.3% | – 47.7% | 51 | 40 |
| 47 | Mazda CX-30 | 116 | 0.4% | + 13.7% | 42 | 578 | 0.5% | – 15.4% | 47 | 47 |
| 48 | Suzuki Carry | 115 | 0.4% | – 58.8% | 33 | 1,538 | 1.2% | – 13.4% | 25 | 32 |
| 49 | Honda HR-V | 107 | 0.3% | – 64.1% | 32 | 2,197 | 1.7% | + 63.7% | 12 | 28 |
| 50 | Toyota Camry | 107 | 0.3% | – 46.0% | 45 | 555 | 0.4% | – 54.0% | 49 | 41 |
| 51 | Kia Sorento | 94 | 0.3% | – 8.7% | 49 | 325 | 0.3% | – 54.3% | 52 | 50 |
| 52 | Mazda6 | 78 | 0.3% | – 24.3% | 56 | 216 | 0.2% | – 57.8% | 58 | 55 |
| 53 | Kia Morning | 74 | 0.2% | – 38.3% | 50 | 320 | 0.3% | – 55.7% | 53 | 49 |
| 54 | Toyota Land Cruiser | 71 | 0.2% | + 163.0% | 48 | 220 | 0.2% | + 34.1% | 57 | 60 |
| 55 | Mitsubishi Pajero Sport | 68 | 0.2% | + 223.8% | 58 | 282 | 0.2% | – 12.4% | 55 | 58 |
| 56 | Toyota Innova | 41 | 0.1% | – 80.0% | 51 | 830 | 0.7% | – 13.1% | 39 | 44 |
| 57 | Toyota Corolla | 35 | 0.1% | – 71.8% | 55 | 193 | 0.2% | – 74.0% | 60 | 52 |
| 58 | Isuzu D-Max | 33 | 0.1% | + 32.0% | 57 | 139 | 0.1% | – 50.2% | 62 | 62 |
| 59 | Ford Explorer | 29 | 0.1% | + 20.8% | 53 | 279 | 0.2% | + 100.7% | 56 | 65 |
| 60 | Kia Soluto | 25 | 0.1% | – 72.2% | 59 | 141 | 0.1% | – 69.1% | 61 | 56 |
| 61 | Suzuki Swift | 21 | 0.1% | – 56.3% | 60 | 208 | 0.2% | + 21.6% | 59 | 64 |
| 62 | Kia K5 | 20 | 0.1% | – 78.0% | 62 | 111 | 0.1% | – 71.2% | 63 | 57 |
| 63 | Toyota Alphard | 19 | 0.1% | + 171.4% | 64 | 48 | 0.0% | – 2.0% | 66 | 70 |
| 64 | Suzuki XL7 | 15 | 0.0% | – 93.0% | 22 | 1,752 | 1.4% | + 41.4% | 21 | 39 |
| 65 | Isuzu MU-X | 12 | 0.0% | – 36.8% | 61 | 67 | 0.1% | – 4.3% | 65 | 66 |
| 66 | Honda Accord | 4 | 0.0% | – 50.0% | 65 | 40 | 0.0% | + 53.8% | 67 | 73 |
| 67 | Suzuki Jimny | 3 | 0.0% | new | 54 | 88 | 0.1% | new | 64 | – |
| 68 | Suzuki Ciaz | 3 | 0.0% | + 0.0% | 66 | 8 | 0.0% | – 42.9% | 69 | 74 |
| 69 | Suzuki Super Carry Pro | 1 | 0.0% | – 99.9% | – | 18 | 0.0% | – 99.5% | 68 | 20 |
Source: VAMA
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