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Vietnam October 2021: Hyundai Accent reclaims top spot, Toyota Corolla Cross on podium in market down -10.4%

The Toyota Corolla Cross is up to #3 in Vietnam in October.

New vehicle sales in Vietnam drastically reduce their fall in October to -10.4% to 29,797 units, now up 3% year-to-date to 218,734. These figures climb to 41,972 and 300,763 once adding Hyundai and VinFast who report separately. Hyundai (+13%) goes against the negative market to lodge a splendid 21.1% share vs. 17.7% so far this year. It distances Thaco-Kia (+3.4%) also up at 17.2% in line with its YTD level and Toyota  (-20%) in difficulty but sporting a superior share than YTD at 16.9% vs. 15%. Ford (+20.9%) excels in 4th place at 7.9% vs. 6.1% YTD while VinFast (+15.8%) is up year-on-year but down from 16.6% share last mont too just 7.9% in October. Isuzu (+5.9%) is the only additional gainer in the Top 10 with Mazda (-50.1%), Suzuki (-38.7%), Mitsubishi (-26.4%) and Honda (-24.2%) all freefalling.

Model-wise, the Hyundai Accent (+50%) reclaims the top spot for the first time since lat April with a strong 8% share vs. 5.4% so far this year. The Ford Ranger (+63.2%) soars to 2nd place overall while the Toyota Corolla Cross (+55.2%) is up two spots on September to crack the Vietnamese podium for the first time at #3. Ending five consecutive months in pole position, the VinFast Fadil (+19.8%) falls to #4 for the month while the Kia Seltos (+29.2%) ensures the Top 5 models all advance with market-defying double-digit gains. Below, the Hyundai Tucson (+32.3%) and Santa Fe (+37.6%) also make themselves noticed in the remainder of the Top 10. 

Previous month: Vietnam September 2021: Vinfast (-5.1%) defies market down -46.1%

Previous year: Vietnam Full Year 2020: Market down just -7.8%, Hyundai and Toyota Vios lead, VinFast lands

Full October 2021 Top 17 All-manufacturers and Top 60 models below.

Note: brands data includes medium and heavy commercial vehicles, models data doesn’t. Some manufacturers like Lexus and Peugeot don’t share model detail for Vietnam.

Vietnam October 2021 – manufacturers:

PosBrandOct-21%/20Sep2021%/20PosFY20
1Hyundai8,85521.1%13.0%153,18217.7%-6.8%11
2Thaco-Kia7,23317.2%3.4%251,37317.1%14.2%23
3Toyota7,07616.9%-20.0%445,13115.0%-9.6%32
4Ford3,3247.9%20.9%518,2006.1%1.0%76
5VinFast3,3207.9%15.8%328,8479.6%97.7%48
6Mitsubishi2,3015.5%-26.4%719,2796.4%-5.3%55
7Mazda1,9604.7%-50.1%618,3806.1%-21.4%64
8Honda1,3183.1%-24.2%915,4165.1%-15.6%87
9Suzuki1,2292.9%-38.7%89,3203.1%-13.2%99
10Isuzu9942.4%5.9%106,4372.1%-4.2%1010
11Peugeot5451.3%5.6%114,8921.6%75.2%1111
12Hino5401.3%53.4%123,6731.2%49.0%1213
13Hyundai Trucks2310.6%-12.2%132,1980.7%-16.3%1312
14Lexus1980.5%86.8%141,0150.3%-5.5%1415
15VEAM760.2%192.3%154150.1%-2.6%1516
16Samco160.0%-40.7% –1630.1%-41.4%1617
17Daewoo Bus60.0%n/a –790.0%21.5%1719

Vietnam October 2021 – models:

PosModelOct-21%/20Sep2021%/20PosFY20
1Hyundai Accent3,3468.0%50.0%216,3825.4%9.2%22
2Ford Ranger2,5836.2%63.2%412,3594.1%27.6%46
3Toyota Corolla Cross2,4025.7%55.2%510,5993.5%263.1%618
4VinFast Fadil2,2185.3%19.8%119,8866.6%139.2%15
5Kia Seltos1,8124.3%29.2%311,8203.9%345.7%517
6Toyota Vios1,7484.2%-49.2%614,3944.8%-36.2%31
7Hyundai Tucson1,4203.4%32.3%116,1652.0%-20.5%1311
8Hyundai Santa Fe1,2783.0%37.6%88,6752.9%9.0%99
9Kia Cerato/K31,2152.9%-20.5%97,8402.6%-7.6%107
10Hyundai Grand i101,1082.6%-37.0%79,3093.1%-21.5%83
11Mitsubishi Xpander1,0672.5%-36.6%1810,1603.4%-12.3%74
12Kia Sedona/Carnival8362.0%432.5%521,8710.6%33.7%3543
13Mazda CX-57121.7%-57.4%136,7002.2%-16.8%128
14Honda City6911.6%8537.5%156,9992.3%25.2%1120
15Toyota Hilux6071.4%58.9%143,4061.1%92.5%2337
16Toyota Fortuner5771.4%-47.7%194,1691.4%-33.4%1713
17Hyundai Kona5731.4%29.6%173,4891.2%-34.9%2215
18VinFast Lux SA2.05651.3%56.1%123,6531.2%25.1%2028
19VinFast Lux A2.05371.3%-17.8%105,3081.8%60.9%1423
20Toyota Camry4801.1%-22.1%283,2201.1%-18.4%2622
21Ford Everest4691.1%-24.5%344,0201.3%-3.2%1819
22Mazda34151.0%-59.7%213,5451.2%-51.6%2112
23Mitsubishi Attrage4021.0%-47.0%224,2281.4%15.3%1525
24Suzuki XL74021.0%-49.7%163,3011.1%23.8%2527
25Mitsubishi Triton4001.0%163.2%272,2970.8%39.5%3042
26Suzuki Carry3850.9%-26.8%242,5870.9%-5.8%2931
27Suzuki Super Carry3670.9%3.7%201,6760.6%-33.3%3932
28Toyota Wigo3410.8%19.6%371,8800.6%1.3%3439
29Honda CR-V3320.8%-70.4%234,1691.4%-39.2%1610
30Mitsubishi Outlander3190.8%-8.6%361,8390.6%-29.5%3730
31Toyota Rush2920.7%-35.5%322,2430.7%-21.0%3129
32Kia Morning2650.6%-50.2%252,9961.0%-31.7%2716
33Toyota Corolla2540.6%-17.3%391,3390.4%-29.7%4133
34Mazda CX-82450.6%-56.3%332,7540.9%-21.6%2824
35Kia Sorento2250.5%70.5%313,8211.3%288.3%1938
36Kia Soluto2050.5%-71.8%263,3851.1%-38.8%2414
37Mazda22050.5%-42.1%302,1460.7%2.7%3236
38Toyota Innova1680.4%-66.7%292,1180.7%-44.9%3321
39Hyundai Elantra1660.4%-67.9%451,7170.6%-48.3%3826
40Honda Brio1480.4%-51.3%431,8580.6%-15.6%3634
41Ford Transit1430.3%49.0%446930.2%-20.3%5049
42Mazda CX-31360.3%new409660.3%new44 –
43Mazda BT-501200.3%7.1%351,0330.3%-9.4%4247
44Mitsubishi Pajero Sport1130.3%-38.6%477550.3%10.4%4953
45Ford Ecosport1010.2%-64.2%519690.3%-53.2%4335
46Toyota Yaris920.2%-31.9%418810.3%-21.5%4646
47Honda Civic840.2%-43.2%481,4550.5%-24.6%4041
48Mazda CX-30650.2%new464430.1%new51 –
49Suzuki Swift640.2%-40.2%554140.1%25.8%5255
50Mazda6620.1%-68.8%427930.3%-37.0%4845
51Honda HR-V530.1%-62.7%538460.3%-39.3%4744
52Toyota Prado520.1%420.0%543750.1%14.0%5357
53Isuzu D-Max380.1%660.0%571290.0%-25.9%5964
54Toyota Alphard300.1%2900.0%58740.0%45.1%6370
55Ford Tourneo280.1%7.7% –1560.1%-33.9%5860
56Toyota Land Cruiser230.1%-14.8%502380.1%22.1%5659
57Isuzu MU-X170.0%-56.4%601160.0%-72.2%6056
58Toyota Hiace100.0%400.0%381600.1%321.1%5769
59Honda Accord100.0%-33.3%59890.0%-56.4%6262
60Suzuki Ertiga80.0%-93.9%499540.3%-56.4%4540
61Suzuki Ciaz30.0%-96.4%563180.1%231.3%5561

Source: VAMA, Hyundai, VinFast

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