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:

PosBrandMay-24%/23Apr2024%/23PosFY231Toyota5,35617.4%+ 43.4%117,16013.4%– 20.4%322Hyundai4,91416.0%+ 37.5%219,33415.1%– 15.6%113Thaco-Kia4,02413.1%+ 0.2%317,91314.0%– 14.4%234Ford3,27010.6%+ 40.0%414,14411.1%– 1.1%445Mitsubishi3,15110.3%+ 74.8%511,7099.2%+ 10.6%566Mazda2,2907.5%– 0.9%610,1177.9%– 10.8%657Honda1,1793.8%– 32.9%79,1007.1%+ 12.8%778Isuzu8122.6%+ 4.1%93,3082.6%+ 1.4%9109Suzuki7532.5%– 57.4%85,9494.7%– 11.4%8910Hyundai Trucks2360.8%+ 103.4%108430.7%+ 96.0%111511Peugeot2340.8%+ 37.6%111,0660.8%+ 1.8%101112BMW+Mini1510.5%+ 15.3%126600.5%– 11.3%131313Hino1480.5%+ 14.7%137500.6%– 17.6%121214Lexus1400.5%– 16.7%145500.4%– 14.7%141415Samco250.1%+ 19.0%151620.1%+ 100.0%1516

Vietnam May 2024 – models:

PosModelMay-24%/23Apr2024%/23PosFY231Mitsubishi Xpander1,7665.8%+ 50.8%16,5375.1%– 2.4%112Ford Ranger1,4774.8%+ 58.5%26,3014.9%+ 4.8%243Toyota Corolla Cross9963.2%– 1.8%631,3671.1%– 76.2%2984Hyundai Accent9243.0%+ 0.4%54,0203.1%– 32.0%325Toyota Yaris Cross9022.9%new42,9392.3%new8346Mazda CX-58922.9%– 2.1%84,0113.1%– 4.0%437Ford Everest8112.6%+ 27.7%93,6122.8%– 7.3%598Mitsubishi Xforce8022.6%new62,9422.3%new7 –9Toyota Vios7662.5%+ 30.7%33,4462.7%– 0.9%6510Toyota Veloz6042.0%+ 2.4%142,0971.6%– 42.4%141211Ford Territory5401.8%+ 29.8%192,2011.7%– 22.8%111312Mazda25091.7%+ 31.9%202,0111.6%+ 11.2%182513Hyundai Santa Fe4961.6%+ 77.8%121,5461.2%– 22.4%241614Kia Seltos4811.6%+ 6.9%182,0201.6%– 19.2%171115Toyota Innova Cross4611.5%new71,5351.2%new266116Hyundai Stargazer4441.4%+ 62.6% –5740.4%– 66.8%482717Kia Carnival4421.4%+ 7.8%172,0261.6%– 1.5%152118Toyota Raize4331.4%– 1.8%261,5641.2%– 40.5%232419Hyundai Tucson4301.4%+ 157.5%161,5301.2%+ 32.2%271820Hyundai Creta4221.4%– 15.3%152,1281.7%– 43.7%13721Ford Transit4131.3%+ 25.5%131,9511.5%+ 39.6%192622Kia Sonet3661.2%– 57.7%112,8182.2%– 18.9%10623Hyundai Grand i103191.0%– 21.6%341,8891.5%– 40.0%201424Honda CR-V3171.0%– 2.8%102,0231.6%+ 35.3%161925Kia K33151.0%+ 57.5%291,1380.9%– 12.1%333326Suzuki Carry Pro3081.0%new271,2151.0%new316727Toyota Hilux3081.0%+ 1239.1% –3080.2%+ 450.0%547128Mazda33051.0%– 24.7%241,6241.3%– 19.4%221529Honda City3031.0%– 70.7%212,8732.3%– 37.9%91030Hyundai Venue2951.0%new281,1730.9%new326931Kia Carens2931.0%+ 42.9%231,4791.2%+ 24.8%283032Suzuki Ertiga2870.9%+ 537.8%381,1220.9%+ 429.2%345433Honda BR-V2560.8%new251,3041.0%new303534Toyota Fortuner2460.8%– 14.3%318730.7%– 43.6%373135Hyundai Custin2310.8%new351,0980.9%new354636Mazda CX-32150.7%+ 83.8%418130.6%+ 11.5%414837Mitsubishi Attrage2130.7%– 33.2%378140.6%– 59.1%402238Hyundai Elantra2130.7%+ 43.9%467090.6%– 30.8%453739Toyota Wigo2000.7%n/a309870.8%n/a364540Kia Sportage1950.6%+ 21.9%367450.6%– 35.9%434241Honda Civic1920.6%+ 113.3%406630.5%+ 13.7%465342Mazda CX-81750.6%– 19.0%398590.7%– 15.0%383643Toyota Avanza1670.5%– 17.7%437500.6%– 37.3%422944Mitsubishi Triton1630.5%+ 14.8%447420.6%– 10.0%443845Hyundai Palisade1530.5%new474910.4%new506346Mitsubishi Outlander1390.5%– 7.3%523920.3%– 47.7%514047Mazda CX-301160.4%+ 13.7%425780.5%– 15.4%474748Suzuki Carry1150.4%– 58.8%331,5381.2%– 13.4%253249Honda HR-V1070.3%– 64.1%322,1971.7%+ 63.7%122850Toyota Camry1070.3%– 46.0%455550.4%– 54.0%494151Kia Sorento940.3%– 8.7%493250.3%– 54.3%525052Mazda6780.3%– 24.3%562160.2%– 57.8%585553Kia Morning740.2%– 38.3%503200.3%– 55.7%534954Toyota Land Cruiser710.2%+ 163.0%482200.2%+ 34.1%576055Mitsubishi Pajero Sport680.2%+ 223.8%582820.2%– 12.4%555856Toyota Innova410.1%– 80.0%518300.7%– 13.1%394457Toyota Corolla350.1%– 71.8%551930.2%– 74.0%605258Isuzu D-Max330.1%+ 32.0%571390.1%– 50.2%626259Ford Explorer290.1%+ 20.8%532790.2%+ 100.7%566560Kia Soluto250.1%– 72.2%591410.1%– 69.1%615661Suzuki Swift210.1%– 56.3%602080.2%+ 21.6%596462Kia K5200.1%– 78.0%621110.1%– 71.2%635763Toyota Alphard190.1%+ 171.4%64480.0%– 2.0%667064Suzuki XL7150.0%– 93.0%221,7521.4%+ 41.4%213965Isuzu MU-X120.0%– 36.8%61670.1%– 4.3%656666Honda Accord40.0%– 50.0%65400.0%+ 53.8%677367Suzuki Jimny30.0%new54880.1%new64 –68Suzuki Ciaz30.0%+ 0.0%6680.0%– 42.9%697469Suzuki Super Carry Pro10.0%– 99.9% –180.0%– 99.5%6820

Source: VAMA