Vietnam August 2024: Mitsubishi Xforce repeats at #1, Ford Ranger now #1 YTD

The Mitsubishi Xforce is the clear leader in Vietnam in August.

According to local association VAMA, the Vietnamese new car market is up 11.8% year-on-year in August to 25,196 sales, leading to a year-to-date tally up 15.4% to a round 189,000. These figures climb to 29,875 (+16.3%) and 223,107 (+1.5%) when adding Hyundai which reports separately. 

Toyota (+19.8%) retains the brands top spot with 15.7% share but its advantage over #2 Hyundai (+48.8%) is only 21 sales. Hyundai stays at #1 year-to-date. Mitsubishi (+69.2%) posts a fantastic score and overtakes Thaco-Kia (-18.6%) to snap the third position with 13.7% share vs. 10.1% so far this year. Ford (+17%) also shines at #5.

Model-wise, the new Mitsubishi Xforce repeats at #1 but whereas last month the gap with the #2 was just 3 units, this time the Xforce sells almost double its direct follower, the Ford Ranger (+14.5%). The Ranger also snaps the year-to-date pole position in the process, dislodging the Mitsubishi Xpander (-41%) down to #5 for the month. #1 a year ago, the Mazda CX-5 (-38%) drops to #3. The Toyota Vios (+250.7%) once again catches up on a poor year-ago result and ranks #4.

Previous month: Vietnam July 2024: Mitsubishi Xforce best-seller

One year ago: Vietnam August 2023: Mazda CX-5 and Mitsubishi Xpander top freefalling market

Full August 2024 Top 16 All manufacturers and Top 66 All models below.