A new generation Toyota Vios is about to hit the Vietnamese market.
Data by local manufacturers association VAMA shows a Vietnamese new car market frankly slowing its fall in June at -5.4% year-on-year to 23,800 units. The H1 2023 volume is down -32% to 137,327. These figures climb to 32,063 (+0.4%) for the month and 176,976 (-30%) when adding Hyundai and VinFast EV who report separately from VAMA.
Hyundai (+19.4%) reclaims the brands top spot with 15.9% share, a position it also holds year-to-date. Toyota (-1.7%) ranks #2 for just 18 units while Thaco-Kia (-16.8%) drops two spots on May to #3. VinFast EVs climb 26.7% year-on-year to stay in 4th position but Ford (+53.4%) and Mazda (+42.4%) are even more impressive below.
Model-wise, ahead of the launch of the new generation (pictured) the Toyota Vios (+189.6%) surges up year-on-year to return to #1, a ranking it last held in May 2022. As a result it shoots up from #12 after five months to #5 halfway through the year. The Ford Ranger (+12.4%) is up five ranks on last month to #2 with the Hyundai Accent (+41.7%) also up five spots to round out the podium. The Mitsubishi Xpander (+119.7%) and Mazda CX-5 (+183.8%) stun below. #1 last month, the VinFast VF 8 falls to #6 and is followed by the VF e34.
Previous month: Vietnam May 2023: VinFast VF 8 most popular in devastated market (-48.8%)
One year ago: Vietnam June 2022: Toyota Corolla Cross #1, VinFast VF e34 breaks into Top 10
Full June 2023 Top 18 All brands and Top 65 All models below.
Note: The brands data includes medium and heavy commercial vehicles, the models data does not. Some brands such as BMW, Lexus, Mini and Peugeot don’t share model detail.
Vietnam June 2023 – brands:
Pos | Brand | Jun-23 | % | /22 | May | 2023 | % | /22 | Pos | FY22 |
1 | Hyundai | 5,108 | 15.9% | 19.4% | 3 | 28,011 | 15.8% | -23.0% | 1 | 3 |
2 | Toyota | 5,090 | 15.9% | -1.7% | 2 | 26,637 | 15.1% | -38.2% | 2 | 1 |
3 | Thaco-Kia | 4,458 | 13.9% | -16.8% | 1 | 25,384 | 14.3% | -46.8% | 3 | 2 |
4 | VinFast (EVs only) | 3,155 | 9.8% | 26.7% | 4 | 11,638 | 6.6% | -20.8% | 7 | 8 |
5 | Ford | 3,121 | 9.7% | 53.4% | 5 | 17,423 | 9.8% | 79.7% | 4 | 7 |
6 | Mazda | 2,750 | 8.6% | 42.4% | 6 | 14,089 | 8.0% | -27.6% | 5 | 5 |
7 | Mitsubishi | 2,264 | 7.1% | -0.8% | 7 | 12,847 | 7.3% | -29.1% | 6 | 4 |
8 | Honda | 1,419 | 4.4% | -16.6% | 9 | 9,488 | 5.4% | -53.0% | 8 | 6 |
9 | Suzuki | 1,054 | 3.3% | -15.4% | 8 | 7,770 | 4.4% | -15.3% | 9 | 9 |
10 | Isuzu | 736 | 2.3% | 18.9% | 10 | 3,999 | 2.3% | -24.6% | 10 | 10 |
11 | Hino | 360 | 1.1% | -40.6% | 14 | 1,270 | 0.7% | -55.6% | 11 | 12 |
12 | Peugeot | 185 | 0.6% | -73.5% | 11 | 1,232 | 0.7% | -81.3% | 12 | 11 |
13 | BMW+Mini | 158 | 0.5% | 97.5% | 13 | 902 | 0.5% | 24.1% | 13 | 15 |
14 | Lexus | 138 | 0.4% | -3.5% | 12 | 783 | 0.4% | -13.1% | 14 | 14 |
15 | Hyundai Trucks | 116 | 0.4% | -10.8% | 15 | 546 | 0.3% | -54.5% | 15 | 13 |
16 | Daewoo Bus | 25 | 0.1% | 400.0% | 18 | 59 | 0.0% | 293.3% | 18 | 18 |
17 | VEAM | 10 | 0.0% | -80.4% | 17 | 107 | 0.1% | -69.2% | 16 | 16 |
18 | Samco | 9 | 0.0% | 200.0% | 16 | 90 | 0.1% | -11.8% | 17 | 17 |
Vietnam June 2023 – models:
Pos | Model | Jun-23 | % | /22 | May | 2023 | % | /22 | Pos | FY22 |
1 | Toyota Vios | 1,949 | 6.1% | 189.6% | 13 | 5,425 | 3.1% | -54.6% | 5 | 1 |
2 | Ford Ranger | 1,585 | 4.9% | 12.4% | 7 | 7,600 | 4.3% | 18.1% | 2 | 5 |
3 | Hyundai Accent | 1,539 | 4.8% | 41.7% | 8 | 7,452 | 4.2% | -27.2% | 3 | 2 |
4 | Mitsubishi Xpander | 1,283 | 4.0% | 119.7% | 3 | 7,982 | 4.5% | -1.3% | 1 | 3 |
5 | Mazda CX-5 | 1,246 | 3.9% | 183.8% | 9 | 5,423 | 3.1% | -30.4% | 6 | 8 |
6 | VinFast VF 8 | 1,184 | 3.7% | new | 1 | 4,555 | 2.6% | new | 9 | n/a |
7 | VinFast VF e34 | 1,007 | 3.1% | 28.8% | 6 | 5,072 | 2.9% | 136.9% | 8 | n/a |
8 | Kia Sonet | 960 | 3.0% | 8.2% | 10 | 4,436 | 2.5% | -10.1% | 12 | 16 |
9 | Toyota Veloz | 872 | 2.7% | new | 12 | 4,512 | 2.5% | new | 10 | 7 |
10 | Kia Seltos | 803 | 2.5% | 13.9% | 15 | 3,304 | 1.9% | -58.2% | 17 | 9 |
11 | Hyundai Grand i10 | 712 | 2.2% | 67.5% | 20 | 3,858 | 2.2% | -31.8% | 15 | 12 |
12 | Hyundai Creta | 655 | 2.0% | -21.1% | 14 | 4,437 | 2.5% | 54.4% | 11 | 10 |
13 | Ford Territory | 621 | 1.9% | new | 18 | 3,473 | 2.0% | new | 16 | 41 |
14 | VinFast VF 5 Plus | 609 | 1.9% | new | 23 | 977 | 0.6% | new | 42 | – |
15 | Toyota Corolla Cross | 600 | 1.9% | -58.6% | 5 | 6,341 | 3.6% | -41.9% | 4 | 4 |
16 | Suzuki Super Carry | 585 | 1.8% | 277.4% | 2 | 3,889 | 2.2% | 92.9% | 14 | 34 |
17 | Mazda3 | 574 | 1.8% | 27.0% | 21 | 2,588 | 1.5% | -48.7% | 19 | 14 |
18 | Honda City | 571 | 1.8% | 13.7% | 4 | 5,194 | 2.9% | -45.0% | 7 | 6 |
19 | Hyundai Santa Fe | 565 | 1.8% | 30.2% | 29 | 2,556 | 1.4% | -47.4% | 20 | 13 |
20 | Honda CR-V | 529 | 1.6% | 9.3% | 25 | 2,024 | 1.1% | -65.5% | 24 | 15 |
21 | Ford Everest | 513 | 1.6% | -2.1% | 11 | 4,411 | 2.5% | 122.7% | 13 | 21 |
22 | Mitsubishi Attrage | 448 | 1.4% | 10.6% | 26 | 2,437 | 1.4% | -40.1% | 22 | 20 |
23 | Kia Carnival | 430 | 1.3% | -35.3% | 19 | 2,486 | 1.4% | -56.2% | 21 | 17 |
24 | Hyundai Tucson | 412 | 1.3% | -14.0% | 39 | 1,569 | 0.9% | -59.1% | 30 | 18 |
25 | Ford Transit | 375 | 1.2% | 307.6% | 24 | 1,773 | 1.0% | 148.7% | 28 | 39 |
26 | VinFast VF 9 | 355 | 1.1% | new | 17 | 1,034 | 0.6% | new | 40 | – |
27 | Kia Carens | 341 | 1.1% | new | 34 | 1,526 | 0.9% | new | 32 | 51 |
28 | Toyota Avanza | 337 | 1.1% | -74.4% | 36 | 1,533 | 0.9% | -71.2% | 31 | 35 |
29 | Mazda CX-8 | 306 | 1.0% | 130.1% | 32 | 1,316 | 0.7% | -36.5% | 37 | 32 |
30 | Toyota Wigo | 283 | 0.9% | n/a | – | 283 | 0.2% | -42.0% | 56 | 58 |
31 | Hyundai Elantra | 272 | 0.8% | 1600.0% | 42 | 1,297 | 0.7% | -4.4% | 38 | 38 |
32 | Mitsubishi Outlander | 268 | 0.8% | -39.6% | 41 | 1,017 | 0.6% | -62.1% | 41 | 25 |
33 | Suzuki XL7 | 264 | 0.8% | -64.9% | 33 | 1,503 | 0.8% | -59.0% | 33 | 23 |
34 | Toyota Fortuner | 253 | 0.8% | -12.8% | 28 | 1,801 | 1.0% | -54.0% | 27 | 19 |
35 | Mazda2 | 252 | 0.8% | -35.5% | 22 | 2,061 | 1.2% | 39.4% | 23 | 30 |
36 | Toyota Raize | 248 | 0.8% | -47.3% | 16 | 2,877 | 1.6% | -19.7% | 18 | 22 |
37 | Honda HR-V | 239 | 0.7% | 1.3% | 27 | 1,581 | 0.9% | 4.3% | 29 | 40 |
38 | Hyundai Stargazer | 230 | 0.7% | new | 31 | 1,957 | 1.1% | new | 25 | 50 |
39 | Kia K3 | 200 | 0.6% | -61.5% | 37 | 1,495 | 0.8% | -79.9% | 34 | 11 |
40 | Toyota Camry | 187 | 0.6% | -62.4% | 38 | 1,394 | 0.8% | -49.6% | 35 | 26 |
41 | Suzuki Carry | 154 | 0.5% | -29.4% | 30 | 1,930 | 1.1% | -21.6% | 26 | 27 |
42 | Kia Sportage | 154 | 0.5% | n/a | 40 | 1,316 | 0.7% | n/a | 36 | 37 |
43 | Kia Morning | 150 | 0.5% | -41.6% | 45 | 873 | 0.5% | -71.8% | 44 | 29 |
44 | Mitsubishi Triton | 147 | 0.5% | -81.5% | 43 | 971 | 0.5% | -59.9% | 43 | 24 |
45 | Toyota Innova | 145 | 0.5% | 339.4% | 35 | 1,100 | 0.6% | -8.0% | 39 | 36 |
46 | Mitsubishi Pajero Sport | 118 | 0.4% | 107.0% | 61 | 440 | 0.2% | -48.6% | 54 | 49 |
47 | Toyota Corolla | 110 | 0.3% | -69.5% | 44 | 853 | 0.5% | -47.6% | 45 | 31 |
48 | Kia Sorento | 108 | 0.3% | -50.5% | 47 | 819 | 0.5% | -71.3% | 47 | 28 |
49 | Mazda CX-30 | 105 | 0.3% | -47.2% | 49 | 788 | 0.4% | -11.9% | 48 | 45 |
50 | Mazda CX-3 | 102 | 0.3% | -35.4% | 46 | 831 | 0.5% | -28.9% | 46 | 43 |
51 | Mazda6 | 100 | 0.3% | 26.6% | 48 | 612 | 0.3% | 2.3% | 50 | 47 |
52 | Kia K5 | 82 | 0.3% | -21.9% | 50 | 467 | 0.3% | -56.6% | 53 | 46 |
53 | Honda Civic | 80 | 0.2% | -73.5% | 51 | 663 | 0.4% | -48.1% | 49 | 44 |
54 | Mazda BT-50 | 65 | 0.2% | -18.8% | 53 | 470 | 0.3% | 18.4% | 52 | 54 |
55 | Kia Soluto | 62 | 0.2% | -61.3% | 52 | 519 | 0.3% | -79.3% | 51 | 33 |
56 | Toyota Land Cruiser | 53 | 0.2% | 96.3% | 56 | 217 | 0.1% | 60.7% | 58 | 63 |
57 | Suzuki Ertiga | 33 | 0.1% | -50.0% | 55 | 245 | 0.1% | -59.6% | 57 | 52 |
58 | Ford Explorer | 27 | 0.1% | 237.5% | 59 | 166 | 0.1% | -63.8% | 60 | 53 |
59 | Toyota Prado | 25 | 0.1% | 66.7% | 58 | 80 | 0.0% | -68.6% | 63 | 61 |
60 | Isuzu D-Max | 24 | 0.1% | -81.8% | 57 | 303 | 0.2% | -41.6% | 55 | 55 |
61 | Isuzu MU-X | 20 | 0.1% | 5.3% | 62 | 90 | 0.1% | -58.5% | 62 | 60 |
62 | Suzuki Swift | 18 | 0.1% | -61.7% | 54 | 189 | 0.1% | -53.4% | 59 | 56 |
63 | Toyota Alphard | 15 | 0.0% | 200.0% | 64 | 64 | 0.0% | 73.0% | 64 | 65 |
64 | Toyota Yaris | 7 | 0.0% | -81.6% | 65 | 95 | 0.1% | -76.3% | 61 | 57 |
65 | Toyota Hilux | 6 | 0.0% | n/a | 60 | 62 | 0.0% | 463.6% | 65 | 69 |