The Mitsubishi Xforce is the best-selling vehicle in Vietnam in July.
According to local carmaker association VAMA, the Vietnamese new vehicle market rises 17.1% year-on-year in July to 28,920, tilting the year-to-date tally into negative at +1.1% to 163,804. These figures climb to 33,967 (+18.3%) and 193,232 (-0.4%) when adding Hyundai which reports separately from VAMA.
Toyota (+69.9%) surges ahead to dominate the brands charts with 19.1% share vs. 14.9% so far this year. In 2nd place, Hyundai (+25.1%) also beats the market but drops one spot on June. Thaco-Kia (-16.4%) is in difficulty at #3 while Mitsubishi (+9%) and Ford (stable) can’t capitalise on the market growth. Honda (+50.7%) and Isuzu (+47.2%) shine.
Model-wise, the new Mitsubishi Xforce snaps the pole position for the first time, only three units above the Toyota Vios (+543.9%) catching up on a paltry year-ago result. The Mitsubishi Xpander (-42.3%) is in freefall but holds onto the YTD top spot. #1 last month, the Ford Ranger (+8.6%) falls to #4 ahead of the new Toyota Yaris Cross up two ranks to #5.
Previous month: Vietnam June 2024: Ford Ranger takes the lead
One year ago: Vietnam July 2023: Mitsubishi Xpander and Mazda CX-5 on top, VinFast VF 5 Plus in Top 10
Full July 2024 Top 16 All brands and Top 68 All models below.
Note: The brands ranking includes medium and heavy commercial vehicles, but the models ranking does not. Some brans such as BMW, Lexus, Mini and Peugeot don’t share models detail
Vietnam July 2024 – brands:
| Pos | Brand | Jul-24 | % | /23 | Jun | 2024 | % | /23 | Pos | FY23 |
| 1 | Toyota | 6,479 | 19.1% | + 69.9% | 2 | 28,817 | 14.9% | – 5.4% | 2 | 2 |
| 2 | Hyundai | 5,047 | 14.9% | + 25.1% | 1 | 29,428 | 15.2% | – 8.2% | 1 | 1 |
| 3 | Thaco-Kia | 4,105 | 12.1% | – 16.4% | 3 | 26,438 | 13.7% | – 12.7% | 3 | 3 |
| 4 | Mitsubishi | 3,835 | 11.3% | + 9.0% | 5 | 18,457 | 9.6% | + 12.8% | 5 | 6 |
| 5 | Ford | 3,150 | 9.3% | + 0.0% | 4 | 20,801 | 10.8% | + 1.1% | 4 | 4 |
| 6 | Mazda | 2,503 | 7.4% | – 20.2% | 6 | 15,182 | 7.9% | – 11.9% | 6 | 5 |
| 7 | Honda | 2,406 | 7.1% | + 50.7% | 7 | 12,887 | 6.7% | + 16.3% | 7 | 7 |
| 8 | Isuzu | 1,044 | 3.1% | + 47.2% | 9 | 5,180 | 2.7% | + 10.0% | 9 | 10 |
| 9 | Suzuki | 377 | 1.1% | – 70.6% | 8 | 6,736 | 3.5% | – 25.6% | 8 | 9 |
| 10 | Peugeot | 261 | 0.8% | + 36.6% | 10 | 1,614 | 0.8% | + 13.4% | 10 | 11 |
| 11 | Hyundai Trucks | 225 | 0.7% | + 147.3% | 11 | 1,315 | 0.7% | + 106.4% | 11 | 15 |
| 12 | BMW+Mini | 156 | 0.5% | – 17.9% | 13 | 1,003 | 0.5% | – 8.2% | 13 | 13 |
| 13 | Hino | 109 | 0.3% | + 1.9% | 12 | 966 | 0.5% | – 29.8% | 12 | 12 |
| 14 | Lexus | 109 | 0.3% | – 10.7% | 14 | 796 | 0.4% | – 12.0% | 14 | 14 |
| 15 | Samco | 11 | 0.0% | – 52.2% | 15 | 203 | 0.1% | + 79.6% | 15 | 16 |
| 16 | Daewoo Bus | 4 | 0.0% | – 69.2% | – | 28 | 0.0% | – 61.1% | 16 | 18 |
Vietnam July 2024 – models:
| Pos | Model | Jul-24 | % | /23 | Jun | 2024 | % | /23 | Pos | FY23 |
| 1 | Mitsubishi Xforce | 1,748 | 5.1% | new | 5 | 5,638 | 2.9% | new | 6 | – |
| 2 | Toyota Vios | 1,745 | 5.1% | + 543.9% | 8 | 5,960 | 3.1% | + 4.6% | 5 | 5 |
| 3 | Mitsubishi Xpander | 1,492 | 4.4% | – 42.3% | 3 | 9,265 | 4.8% | – 12.3% | 1 | 1 |
| 4 | Ford Ranger | 1,276 | 3.8% | + 8.6% | 1 | 9,019 | 4.7% | + 2.8% | 2 | 4 |
| 5 | Toyota Yaris Cross | 1,242 | 3.7% | new | 7 | 4,992 | 2.6% | new | 8 | 34 |
| 6 | Mazda CX-5 | 1,044 | 3.1% | – 37.3% | 2 | 6,314 | 3.3% | – 10.9% | 3 | 3 |
| 7 | Hyundai Accent | 985 | 2.9% | – 28.4% | 4 | 5,973 | 3.1% | – 32.3% | 4 | 2 |
| 8 | Ford Everest | 951 | 2.8% | + 11.8% | 6 | 5,393 | 2.8% | + 2.5% | 7 | 9 |
| 9 | Toyota Veloz Cross | 766 | 2.3% | + 46.7% | 11 | 3,533 | 1.8% | – 29.8% | 12 | 12 |
| 10 | Honda City | 744 | 2.2% | + 63.9% | 20 | 4,060 | 2.1% | – 28.1% | 9 | 10 |
| 11 | Ford Territory | 737 | 2.2% | + 7.4% | 9 | 3,686 | 1.9% | – 11.4% | 11 | 13 |
| 12 | Hyundai Creta | 686 | 2.0% | + 24.5% | 10 | 3,500 | 1.8% | – 29.8% | 13 | 7 |
| 13 | Honda HR-V | 682 | 2.0% | + 149.8% | 35 | 3,116 | 1.6% | + 68.1% | 15 | 28 |
| 14 | Toyota Corolla Cross | 671 | 2.0% | – 40.4% | 12 | 2,699 | 1.4% | – 63.8% | 19 | 8 |
| 15 | Hyundai Stargazer | 618 | 1.8% | + 312.0% | 17 | 1,734 | 0.9% | – 17.7% | 32 | 27 |
| 16 | Honda CR-V | 574 | 1.7% | + 22.9% | 28 | 2,912 | 1.5% | + 16.9% | 17 | 19 |
| 17 | Kia Seltos | 526 | 1.5% | – 41.9% | 14 | 3,133 | 1.6% | – 25.6% | 14 | 11 |
| 18 | Hyundai Tucson | 525 | 1.5% | + 102.7% | 16 | 2,609 | 1.4% | + 42.7% | 21 | 18 |
| 19 | Hyundai Santa Fe | 511 | 1.5% | + 73.8% | 15 | 2,630 | 1.4% | – 7.7% | 20 | 16 |
| 20 | Kia Carnival | 500 | 1.5% | + 0.0% | 19 | 2,973 | 1.5% | – 0.4% | 16 | 21 |
| 21 | Kia Sonet | 492 | 1.4% | – 52.2% | 13 | 3,911 | 2.0% | – 28.4% | 10 | 6 |
| 22 | Mazda2 | 425 | 1.3% | + 86.4% | 25 | 2,797 | 1.4% | + 22.2% | 18 | 25 |
| 23 | Hyundai Grand i10 | 400 | 1.2% | – 22.3% | 43 | 2,421 | 1.3% | – 44.6% | 23 | 14 |
| 24 | Kia Carens | 394 | 1.2% | + 5.6% | 24 | 2,241 | 1.2% | + 18.0% | 27 | 30 |
| 25 | Toyota Raize | 393 | 1.2% | + 17.3% | 22 | 2,360 | 1.2% | – 26.5% | 24 | 24 |
| 26 | Mazda3 | 382 | 1.1% | – 30.3% | 21 | 2,436 | 1.3% | – 22.3% | 22 | 15 |
| 27 | Toyota Fortuner | 358 | 1.1% | – 6.8% | 27 | 1,563 | 0.8% | – 28.5% | 35 | 31 |
| 28 | Honda BR-V | 340 | 1.0% | + 20.1% | 34 | 1,892 | 1.0% | + 568.6% | 28 | 35 |
| 29 | Kia K3 | 331 | 1.0% | + 32.4% | 23 | 1,841 | 1.0% | + 5.5% | 29 | 33 |
| 30 | Hyundai Venue | 290 | 0.9% | new | 26 | 1,805 | 0.9% | new | 30 | 69 |
| 31 | Toyota Hilux | 271 | 0.8% | + 2610.0% | 31 | 847 | 0.4% | + 1076.4% | 47 | 71 |
| 32 | Mazda CX-3 | 262 | 0.8% | + 133.9% | 38 | 1,265 | 0.7% | + 34.1% | 40 | 48 |
| 33 | Toyota Innova Cross | 259 | 0.8% | new | 18 | 2,334 | 1.2% | new | 25 | 61 |
| 34 | Mitsubishi Attrage | 247 | 0.7% | – 36.2% | 30 | 1,338 | 0.7% | – 52.6% | 38 | 22 |
| 35 | Toyota Wigo | 231 | 0.7% | – 26.4% | 29 | 1,517 | 0.8% | + 154.1% | 36 | 45 |
| 36 | Suzuki Carry Pro | 229 | 0.7% | n/a | 42 | 1,577 | 0.8% | n/a | 34 | 67 |
| 37 | Kia Sportage | 226 | 0.7% | + 79.4% | 32 | 1,227 | 0.6% | – 14.9% | 41 | 42 |
| 38 | Mazda CX-8 | 214 | 0.6% | – 32.1% | 37 | 1,282 | 0.7% | – 21.4% | 39 | 36 |
| 39 | Mitsubishi Triton | 204 | 0.6% | – 12.1% | 33 | 1,195 | 0.6% | – 0.7% | 43 | 38 |
| 40 | Toyota Avanza Premio | 187 | 0.6% | – 28.9% | 39 | 1,114 | 0.6% | – 38.0% | 44 | 29 |
| 41 | Hyundai Custin | 175 | 0.5% | new | 40 | 1,429 | 0.7% | new | 37 | 46 |
| 42 | Hyundai Elantra | 137 | 0.4% | – 25.1% | 47 | 948 | 0.5% | – 35.9% | 45 | 37 |
| 43 | Mazda CX-30 | 134 | 0.4% | + 34.0% | 49 | 804 | 0.4% | – 9.5% | 48 | 47 |
| 44 | Toyota Camry | 129 | 0.4% | – 31.0% | 46 | 789 | 0.4% | – 50.1% | 49 | 41 |
| 45 | Ford Transit | 118 | 0.3% | – 72.8% | 36 | 2,282 | 1.2% | + 3.4% | 26 | 26 |
| 46 | Hyundai Palisade | 105 | 0.3% | new | 50 | 676 | 0.3% | new | 50 | 63 |
| 47 | Mitsubishi Outlander | 86 | 0.3% | – 55.0% | 41 | 622 | 0.3% | – 48.5% | 51 | 40 |
| 48 | Toyota Corolla | 78 | 0.2% | – 41.8% | 64 | 286 | 0.1% | – 71.0% | 58 | 52 |
| 49 | Kia Sorento | 77 | 0.2% | – 33.0% | 48 | 502 | 0.3% | – 46.3% | 52 | 50 |
| 50 | Toyota Land Cruiser | 71 | 0.2% | + 12.7% | 54 | 352 | 0.2% | + 25.7% | 57 | 60 |
| 51 | Ford Explorer | 68 | 0.2% | + 1600.0% | 52 | 421 | 0.2% | + 147.6% | 54 | 65 |
| 52 | Honda Civic | 60 | 0.2% | – 48.7% | 44 | 853 | 0.4% | + 9.4% | 46 | 53 |
| 53 | Toyota Innova | 60 | 0.2% | – 60.5% | 57 | 388 | 0.2% | – 69.0% | 56 | 44 |
| 54 | Mitsubishi Pajero Sport | 58 | 0.2% | – 52.5% | 55 | 399 | 0.2% | – 29.0% | 55 | 58 |
| 55 | Suzuki Carry | 54 | 0.2% | – 68.8% | 45 | 1,703 | 0.9% | – 19.0% | 33 | 32 |
| 56 | Kia Morning | 54 | 0.2% | – 44.9% | 51 | 451 | 0.2% | – 53.6% | 53 | 49 |
| 57 | Isuzu D-Max | 50 | 0.1% | + 25.0% | 59 | 220 | 0.1% | – 35.9% | 62 | 62 |
| 58 | Suzuki Jimny | 46 | 0.1% | new | 53 | 204 | 0.1% | new | 63 | – |
| 59 | Mazda6 | 42 | 0.1% | – 58.8% | 61 | 279 | 0.1% | – 60.9% | 59 | 55 |
| 60 | Kia K5 | 41 | 0.1% | – 56.8% | 62 | 173 | 0.1% | – 69.2% | 64 | 57 |
| 61 | Kia Soluto | 38 | 0.1% | – 51.3% | 58 | 224 | 0.1% | – 62.5% | 61 | 56 |
| 62 | Suzuki XL7 | 20 | 0.1% | – 89.8% | 60 | 1,800 | 0.9% | + 5.9% | 31 | 39 |
| 63 | Suzuki Ertiga | 19 | 0.1% | – 66.1% | 56 | 1,199 | 0.6% | + 298.3% | 42 | 54 |
| 64 | Isuzu MU-X | 19 | 0.1% | + 11.8% | 63 | 104 | 0.1% | – 2.8% | 65 | 66 |
| 65 | Toyota Alphard | 18 | 0.1% | + 350.0% | 66 | 74 | 0.0% | + 8.8% | 66 | 70 |
| 66 | Suzuki Swift | 8 | 0.0% | – 80.5% | 65 | 225 | 0.1% | – 2.2% | 60 | 64 |
| 67 | Honda Accord | 6 | 0.0% | + 100.0% | 67 | 54 | 0.0% | + 86.2% | 67 | 73 |
| 68 | Suzuki Super Carry Pro | 1 | 0.0% | – 99.9% | – | 19 | 0.0% | – 99.6% | 68 | 20 |
Source: VAMA, Hyundai
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