Vietnam April 2020: Thaco-Kia back in charge in market down -44%

The Kia Soluto hits a record 5th place in Vietnam in April.

Vietnam has been one of the only south east Asian countries (alongside Taiwan) to be unscathed by the coronavirus pandemic thanks to a fast and strict response, with only 288 cases and no deaths reported as of May 13. However, as it has been the case almost everywhere else in the world, the new car market has been handicapped by quarantine measures and the temporary pause of tourism, and April sales are down -44% year-on-year to 11.761 units, pulling the year-to-date tally down -35.3% to 64.678.

Thaco-Kia (-45.3%) reclaims the brands top spot off Toyota (-33.1%) whole Mazda (-49%) leaps up 3 spots on March to #3 with 11.3% share. In the remainder of the Top 10, Hino (-5.6%), Suzuki (-22.5%), Mitsubishi (-32.6%) and Isuzu (-39.5%) also maintain their loss to below the market rate but Hyundai (-76.3%), Ford (-67.5%) and Honda (-52%) aren’t that lucky. The Toyota Vios (-0.8%) brilliantly holds onto the top spot with 9.8% share, easily distancing the Ford Ranger (+9.8%), Mazda CX-5 (-52.6%) and Honda CR-V (-36.6%). The Kia Soluto is up 4 spots on March to #5, its highest ranking in Vietnam also hit last November and January. Only the Mitsubishi Xpander (-37.6%) manages to outpace the market while the Mazda3 (-72.8%), Kia Cerato (-62%), Toyota Fortuner (-62%) and Innova (-56.9%) sink.

Previous month: Vietnam March 2020: Toyota Vios and Ford Ranger top market down -40.7%

One year ago: Vietnam April 2019: Mazda3 posts first ever win in market edging down -0.5%

Full April 2020 Top 15 All-manufacturers and Top 60 models below.