Vietnam July 2019: Mitsubishi (+395.5%), Suzuki (+169.1%) help market up 24.2%

The new Xpander sends Mitsubishi sales up 5-fold year-on-year.

The Vietnamese new vehicle market surges 24.2% year-on-year to 26.666 units, marking a third consecutive month of double-digit gains and leading to a YTD volume up 23.4% to 181.515. Brand leader Toyota (+72.7%) grows exactly 3 times faster than the market to hit 27.7% share vs. 24.5% YTD. Thaco-Kia (-0.1%) frankly underperforms but remains at #2, distancing Mazda (+17.7%), Honda (+48.4%) and Ford (+97.9%). Lexus (+545.8%), Mitsubishi (+395.5%) and Suzuki (+169.1%) post the largest gains in market for the month. The Toyota Vios (+35.2%) outpaces the market to remain in pole position ahead of the Ford Ranger (+576.8%), Toyota Fortuner and Innova (-25.9%). The Mitsubishi Xpander continues to impress, best-selling new model at #5 above the Toyota Wigo (#8), Honda Brio (#15) and Mazda CX-8 (#16).

Previous month: Vietnam June 2019: Toyota (+77%), Ford (+105.3%), Mitsubishi (+878.8%) lift market up 25.6%

One year ago: Vietnam July 2018: Toyota Innova and Kia Cerato shine

Full July 2019 Top 18 All-manufacturers and Top 55 All-models below.