Vietnam 2010: Toyota Innova and Fortuner fight it out

Toyota Innova in Hanoi, Vietnam, January 2011

The Vietnamese car market is down 26% in December at 11,198 registrations, bringing the 2010 figure to 112,224, down 6%. The Toyota Innova keeps the title of best selling car in Vietnam in 2010 with 7,419 sales and 6.6%. The Toyota Fortuner, #2 at 6,551 sales and 5.8%, is getting closer every month: only 19 sales separated the two models in December.

Two more Toyotas follow: the Corolla at 5.4% (6.3% in December thanks to the restyled version) and the Vios at 5.2%. The Daewoo Lacetti (aka Chevrolet Cruze) reaches #5 in 2010 with 3.8% of the market, ahead of the Kia Morning (Picanto) at 2.9% and the Daewoo Matiz (aka Chevrolet Spark) at 2.6%. The new Kia Forte is also very successful in Vietnam: #14 in 2010, it is already #8 in December with a very solid 3.3% share.

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Toyota Fortuner in Hanoi, Vietnam, December 2010