Vietnam October 2022: Ford Ranger best-seller in market up 6.6%

The Ford Ranger is the #1 vehicle in Vietnam this month.

According to local manufacturers association VAMA, the Vietnamese new vehicle market is up 22.7% year-on-year in October to 36,560 units, leading to a year-to-date tally up 52.2% to 332,963. These figures climb to 44,734 (+6.6%) for the month and 415,507 (+38.1%) year-to-date once adding Hyundai and VinFast who report separately. Note VinFast stopped sharing monthly data in September. Toyota (+22.7%) exactly matches the market to reach 19.4% share vs. 17.5% so far this year, snapping the YTD pole position in the process. Hyundai (-7.7%) and Thaco-Kia (-5%) can’t catch on to the positive market but remain #2 and #3 respectively like in September. Ford (+20.7%) advances to #4 above Mazda (+78.7%), Mitsubishi (+33.3%) and Honda (+32.3%) all beating the market. 

Over in the models ranking, the Ford Ranger (-7.3%) shoots up five spots on last month to secure the overall top spot for the first time since March 2021, helped by the new generation and despite a year-on-year drop. The Toyota Vios (+25.7%) is back up two ranks to #2 and holds onto the YTD leadership. The Toyota Corolla Cross (-13%) rounds out the podium above the Hyundai Creta breaking its volume record again just under 2,000 sales. The Hyundai Accent (-43.1%) tumbles down to #5. Excellent performances by the Ford Everest (+174.8%), Mazda3 (+174.5%) and Mitsubishi Xpander (+54.1%).

Previous month: Vietnam September 2022: Sales double year-on-year, Toyota Avanza/Veloz best-seller

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

Full October 2022 Top 17 all manufacturers and Top 57 all models below.