Toyota Yaris Cross ranks sixth in Vietnam in October.
According to local association VAMA, the Vietnamese new car market grew 52.8% year-on-year in October to 38,761, pushing the year-to-date figure up 12.3% to 264,346. These figures will rise to 46,400 (+ 41.3%) and 312,892 (+10.2%) including Hyundai, which reports separately from VAMA. The reason for this surge in the market is the government’s adoption of a 50 percent property tax cut. Also keep in mind that October 2023 was -26.6% lower than a year earlier, so the comparison set is small.
Toyota (+116.2%) is well ahead of the growing market to 18.8% versus 15.7% YTD, overtaking Hyundai (+2.4%) YTD to take pole position. Thaco-Kia (+14.7%) lags in third place, ahead of fast-rising Ford (+65%) and Mitsubishi (+79.1%), Honda (+67.9%) and Isuzu (+53.9%) ) also shine.
In terms of model, the Mitsubishi Xpander (+66.9%) takes its sixth win this year with a 4.6% share, ahead of the Mazda CX-5 (-8.5%), the same as last month. The Ford Ranger (+27.5%) moved up three places on last month, ahead of the Toyota Vios (+20.1%) to take third place on the podium. The Honda City (+122.4%) and Toyota Yaris Cross (+542.6%) fly lower, while the new Mitsubishi Xforce slowly slips to 7th place (-3 in September) as the launch honeymoon period gradually fades ends. The remaining ten also include Toyota Corolla Cross (+342.3%) and Ford Everest (+69.9%).
Previous month: Vietnam, September 2024: Mitsubishi Xpander regains leadership in a growing market (+37.5%)
One year ago: Vietnam October 2023: Hyundai and Mazda CX-5 lead, sales down -26.6%.
Full October 2024 Top 16 of all manufacturers and top 65 of all models below.
Note. Some manufacturers, such as BMW, Lexus, Mini and Peugeot, do not disclose model details.
Vietnam, October 2024 – manufacturers:
| Pos. | Brand | October 24 | % | /23 | September | 2024 | % | /23 | Pos. | FY23 |
| 1 | Toyota | 8,736 | 18.8% | + 116.2% | 1 | 49 239 | 15.7% | + 15.8% | 1 | 2 |
| 2 | Hyundai | 7,639 | 16.5% | + 2.4% | 2 | 48,546 | 15.5% | – 0.2% | 2 | 1 |
| 3 | Taco Kia | 6,131 | 13.2% | + 14.7% | 3 | 41,937 | 13.4% | – 7.6% | 3 | 3 |
| 4 | Ford | 5,052 | 10.9% | + 65.0% | 5 | 33 090 | 10.6% | + 12.0% | 4 | 4 |
| 5 | Mitsubishi | 4401 | 9.5% | + 79.1% | 4 | 32 334 | 10.3% | + 34.1% | 5 | 6 |
| 6 | Mazda | 3933 | 8.5% | + 0.2% | 7 | 25 207 | 8.1% | – 9.3% | 6 | 5 |
| 7 | Honda | 3606 | 7.8% | + 67.9% | 6 | 21 260 | 6.8% | + 23.5% | 7 | 7 |
| 8 | Isuzu | 1257 | 2.7% | + 53.9% | 8 | 8,317 | 2.7% | + 20.7% | 9 | 10 |
| 9 | Suzuki | 739 | 1.6% | + 8.7% | 9 | 8,724 | 2.8% | – 24.3% | 8 | 9 |
| 10 | Peugeot | 401 | 0.9% | + 70.6% | 10 | 2533 | 0.8% | + 22.0% | 10 | 11 |
| 11 | Hyundai trucks | 338 | 0.7% | + 164.1% | 11 | 2043 | 0.7% | + 114.4% | 11 | 15 |
| 12 | BMW+Mini | 240 | 0.5% | + 20.6% | 12 | 1574 | 0.5% | – 5.3% | 12 | 13 |
| 13 | Lexus | 162 | 0.3% | + 4.5% | 13 | 1176 | 0.4% | – 15.8% | 14 | 14 |
| 14 | Hino | 81 | 0.2% | – 62.3% | 14 | 1215 | 0.4% | – 37.4% | 13 | 12 |
| 15 | Daewoo bus | 29 | 0.1% | + 81.3% | 15 | 81 | 0.0% | – 55.5% | 16 | 18 |
| 16 | Samko | 8 | 0.0% | – 52.9% | 16 | 238 | 0.1% | + 29.3% | 15 | 16 |
Vietnam, October 2024 – models:
| Pos. | Model | October 24 | % | /23 | September | 2024 | % | /23 | Pos. | FY23 |
| 1 | Mitsubishi Expander | 2131 | 4.6% | + 66.9% | 1 | 15,087 | 4.8% | – 2.4% | 1 | 1 |
| 2 | Mazda CX-5 | 2008 | 4.3% | – 8.5% | 2 | 11,248 | 3.6% | – 13.7% | 4 | 3 |
| 3 | Ford Ranger | 1881 | 4.1% | + 27.5% | 6 | 13,647 | 4.4% | + 7.4% | 2 | 4 |
| 4 | Toyota Vios | 1757 | 3.8% | + 20.1% | 3 | 10,569 | 3.4% | + 18.2% | 5 | 5 |
| 5 | Honda City | 1670 | 3.6% | + 122.4% | 5 | 7,741 | 2.5% | + 3.1% | 9 | 10 |
| 6 | Toyota Yaris Cross | 1510 | 3.3% | + 542.6% | 11 | 8,408 | 2.7% | + 1926.0% | 8 | 34 |
| 7 | Mitsubishi Xforce | 1481 | 3.2% | new | 4 | 11 444 | 3.7% | new | 3 | – |
| 8 | Hyundai Accent | 1425 | 3.1% | – 3.3% | 7 | 9.625 | 3.1% | – 26.0% | 6 | 2 |
| 9 | Toyota Corolla Cross | 1402 | 3.0% | + 342.3% | 15 | 5,479 | 1.8% | – 43.6% | 14 | 8 |
| 10 | Ford Everest | 1281 | 2.8% | + 69.9% | 12 | 8,434 | 2.7% | + 13.6% | 7 | 9 |
| 11 | Hyundai Creta | 1228 | 2.6% | – 0.6% | 9 | 6,409 | 2.0% | – 15.1% | 10 | 7 |
| 12 | Ford Territory | 1173 | 2.5% | + 128.2% | 14 | 6,257 | 2.0% | + 6.4% | 12 | 13 |
| 13 | Toyota Veloz Cross | 1061 | 2.3% | + 172.1% | 8 | 6,279 | 2.0% | – 3.9% | 11 | 12 |
| 14 | Kia Carnival | 1044 | 2.3% | + 100.0% | 10 | 5,320 | 1.7% | + 24.4% | 15 | 21 |
| 15 | Hyundai Santa Fe | 1007 | 2.2% | + 9.6% | 16 | 4906 | 1.6% | + 9.9% | 18 | 16 |
| 16 | Honda CR-V | 859 | 1.9% | + 80.1% | 13 | 4987 | 1.6% | + 18.5% | 17 | 19 |
| 17 | Toyota Innova Cross | 817 | 1.8% | + 471.3% | 23 | 4087 | 1.3% | + 2758.0% | 22 | 61 |
| 18 | Kia Seltos | 815 | 1.8% | – 25.3% | 19 | 5,068 | 1.6% | – 30.9% | 16 | 11 |
| 19 | Hyundai Grand i10 | 753 | 1.6% | + 12.2% | 22 | 4045 | 1.3% | – 33.2% | 25 | 14 |
| 20 | Kia Sonet | 718 | 1.5% | – 37.7% | 17 | 5,801 | 1.9% | – 34.1% | 13 | 6 |
| 21 | Toyota Raise | 698 | 1.5% | + 138.2% | 36 | 3666 | 1.2% | – 10.5% | 26 | 24 |
| 22 | Ford Transit | 676 | 1.5% | + 115.3% | 20 | 4206 | 1.3% | + 25.4% | 20 | 26 |
| 23 | Mazda3 | 676 | 1.5% | – 2.5% | 21 | 4074 | 1.3% | – 19.8% | 23 | 15 |
| 24 | Honda XR-V | 664 | 1.4% | + 81.9% | 18 | 4688 | 1.5% | + 75.6% | 19 | 28 |
| 25 | Hyundai Playground | 625 | 1.3% | new | 25 | 3209 | 1.0% | new | 28 | 69 |
| 26 | Hyundai Tucson | 558 | 1.2% | – 55.3% | 24 | 4087 | 1.3% | + 6.4% | 21 | 18 |
| 27 | Kia Karens | 515 | 1.1% | + 30.1% | 26 | 3599 | 1.2% | + 20.4% | 27 | 30 |
| 28 | Kia Sportage | 448 | 1.0% | + 163.5% | 30 | 2373 | 0.8% | + 25.9% | 35 | 42 |
| 29 | Mazda2 | 447 | 1.0% | + 40.1% | 32 | 4066 | 1.3% | + 28.2% | 24 | 25 |
| 30 | Hyundai Stargazer | 433 | 0.9% | – 12.5% | 29 | 2987 | 1.0% | – 3.5% | 29 | 27 |
| 31 | Toyota Fortuner | 416 | 0.9% | + 54.6% | 27 | 2666 | 0.9% | – 10.8% | 32 | 31 |
| 32 | Kia K3 | 381 | 0.8% | + 27.0% | 28 | 2973 | 1.0% | + 19.2% | 30 | 33 |
| 33 | Mitsubishi Triton | 379 | 0.8% | – 16.5% | 34 | 2020 | 0.6% | + 0.0% | 40 | 38 |
| 34 | Honda BR-V | 358 | 0.8% | – 23.5% | 33 | 2830 | 0.9% | + 57.5% | 31 | 35 |
| 35 | Toyota Hilux | 357 | 0.8% | + 2875.0% | 39 | 1690 | 0.5% | + 1332.2% | 43 | 71 |
| 36 | Suzuki Kerry Pro | 347 | 0.7% | + 1345.8% | 31 | 2547 | 0.8% | + 5964.3% | 33 | 67 |
| 37 | Hyundai Castine | 314 | 0.7% | – 3.1% | 37 | 2262 | 0.7% | + 598.1% | 36 | 46 |
| 38 | Suzuki XL7 | 308 | 0.7% | + 115.4% | 38 | 2403 | 0.8% | + 10.3% | 34 | 39 |
| 39 | Mazda CX-8 | 294 | 0.6% | + 9.7% | 35 | 2105 | 0.7% | – 12.2% | 37 | 36 |
| 40 | Mazda CX-3 | 261 | 0.6% | + 161.0% | 43 | 1944 | 0.6% | + 61.6% | 42 | 48 |
| 41 | Mitsubishi Attraj | 260 | 0.6% | – 40.6% | 40 | 2081 | 0.7% | – 48.9% | 39 | 22 |
| 42 | Hyundai Elantra | 218 | 0.5% | – 13.1% | 45 | 1477 | 0.5% | – 31.8% | 45 | 37 |
| 43 | Hyundai Palisade | 213 | 0.5% | + 249.2% | 47 | 1154 | 0.4% | + 1791.8% | 48 | 63 |
| 44 | Toyota Avanza Premium | 211 | 0.5% | – 16.6% | 41 | 1658 | 0.5% | – 37.1% | 44 | 29 |
| 45 | Toyota Vigo | 200 | 0.4% | – 3.8% | 44 | 2100 | 0.7% | + 72.6% | 38 | 45 |
| 46 | Mazda CX-30 | 173 | 0.4% | – 16.8% | 46 | 1282 | 0.4% | – 0.8% | 46 | 47 |
| 47 | Kia Sorento | 140 | 0.3% | + 33.3% | 48 | 830 | 0.3% | – 30.9% | 52 | 50 |
| 48 | Toyota Innova | 95 | 0.2% | – 26.4% | 59 | 567 | 0.2% | – 64.9% | 55 | 44 |
| 49 | Mitsubishi Outlander | 92 | 0.2% | – 63.8% | 42 | 1129 | 0.4% | – 35.8% | 49 | 40 |
| 50 | Kia Soluto | 87 | 0.2% | – 6.5% | 58 | 374 | 0.1% | – 56.5% | 61 | 56 |
| 51 | Kia Morning | 86 | 0.2% | – 10.4% | 52 | 637 | 0.2% | – 47.8% | 53 | 49 |
| 52 | Toyota Camry | 76 | 0.2% | – 50.0% | 49 | 1038 | 0.3% | – 49.4% | 50 | 41 |
| 53 | Mazda6 | 74 | 0.2% | – 9.8% | 50 | 483 | 0.2% | – 47.6% | 58 | 55 |
| 54 | Toyota Land Cruiser | 65 | 0.1% | + 12.1% | 53 | 500 | 0.2% | + 9.6% | 57 | 60 |
| 55 | Isuzu D-Max | 62 | 0.1% | + 26.5% | 54 | 403 | 0.1% | – 9.4% | 60 | 62 |
| 56 | Mitsubishi Pajero Sport | 58 | 0.1% | + 70.6% | 51 | 573 | 0.2% | – 27.5% | 54 | 58 |
| 57 | Toyota Corolla | 55 | 0.1% | – 43.3% | 60 | 411 | 0.1% | – 66.7% | 59 | 52 |
| 58 | Suzuki Kerry | 51 | 0.1% | – 80.4% | 57 | 1969 | 0.6% | – 29.1% | 41 | 32 |
| 59 | Honda Civic | 51 | 0.1% | – 36.3% | 63 | 945 | 0.3% | – 4.9% | 51 | 53 |
| 60 | Ford Explorer | 41 | 0.1% | + 720.0% | 56 | 546 | 0.2% | + 212.0% | 56 | 65 |
| 61 | Kia K5 | 37 | 0.1% | – 61.1% | 62 | 244 | 0.1% | – 70.5% | 63 | 57 |
| 62 | Suzuki Jimny | 33 | 0.1% | new | 55 | 352 | 0.1% | new | 62 | – |
| 63 | Isuzu MU-X | 23 | 0.0% | – 11.5% | 61 | 183 | 0.1% | + 4.6% | 65 | 66 |
| 64 | Toyota Alphard | 16 | 0.0% | n/a | 64 | 112 | 0.0% | + 53.4% | 66 | 70 |
| 65 | Honda Accord | 4 | 0.0% | – 42.9% | 65 | 69 | 0.0% | + 68.3% | 67 | 73 |
Source: VAMA, Hyundai.
