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Vietnam February 2021: VinFast Fadil and Kia Seltos surprise atop market off -22.9%

The VinFast Fadil is the best-selling vehicle in Vietnam in February.

According to local manufacturers association VAMA, new vehicle sales in Vietnam are down -22.9% year-on-year in February to 13.585 due to the Lunar New Year holiday falling in February this year vs. January 2020. The year-to-date tally now stands at 40.017, up 19.8% on the same period last year. These figures climb to 18.324 for the month and 53.615 year-to-date when adding Hyundai and VinFast who report separately from VAMA.

In the manufacturers ranking, the podium remains unchanged compared to last month, with Thaco-Kia (-2.4%) limiting its fall to improve to 20.5% share this month. Hyundai follows at 16.5% share with Toyota (-48.5%) imploding in third place and 13.2% of the Vietnamese market. Local carmaker VinFast leaps up two spots on January to #4 overall with 9.4% share, believed to be its highest ever, also reached last September. Honda (-8.9%), Ford (-13.1%) and Mazda (-13.4%) limit their fall just below while Peugeot (+183.7%) soars to 10th place for the month.

The Vietnamese model ranking takes an unheard of shape this month. The VinFast Fadil, in fact a rebadged Opel Karl Rocks, is the best-selling vehicle in the country for the very first time. This is also the first time VinFast manages to place a model at #1 at home, less than two years after launching. Also breaking ranking records are the Kia Seltos up 5 spots on January to land at #2 overall with 5.5% share and the Toyota Corolla Cross up 7 to #5 with 4% share. The Hyundai Accent (-21.4%) is down one to #3 and the Ford Ranger (+43.7%) rises six ranks to #4. Leader over the Full Year 2020, the Toyota Vios (-77.6%) is down to a paltry #8 this month and rank 7th so far this year.

Previous month: Vietnam January 2021: Mitsubishi Xpander takes the lead in market surging 67.4%

One year ago: Vietnam February 2020: Toyota Vios hits record 14% share in market rallying back up 34%

Full February 2021 Top 17 All-brands and Top 63 models below.

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