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.
Vietnam August 2024 – manufacturers:
| Pos | Brand | Aug-24 | % | /23 | Jul | 2024 | % | /23 | Pos | FY23 |
| 1 | Toyota | 4,700 | 15.7% | + 19.8% | 1 | 33,517 | 15.0% | – 2.5% | 2 | 2 |
| 2 | Hyundai | 4,679 | 15.7% | + 48.8% | 2 | 34,107 | 15.3% | – 3.1% | 1 | 1 |
| 3 | Mitsubishi | 4,091 | 13.7% | + 69.2% | 4 | 22,548 | 10.1% | + 20.0% | 5 | 6 |
| 4 | Thaco-Kia | 3,733 | 12.5% | – 18.6% | 3 | 30,171 | 13.5% | – 13.5% | 3 | 3 |
| 5 | Ford | 3,270 | 10.9% | + 17.0% | 5 | 24,071 | 10.8% | + 3.0% | 4 | 4 |
| 6 | Mazda | 2,509 | 8.4% | – 17.2% | 6 | 17,691 | 7.9% | – 12.7% | 6 | 5 |
| 7 | Honda | 1,160 | 3.9% | – 18.9% | 7 | 14,047 | 6.3% | + 12.2% | 7 | 7 |
| 8 | Isuzu | 770 | 2.6% | + 12.1% | 8 | 5,950 | 2.7% | + 10.3% | 9 | 10 |
| 9 | Suzuki | 469 | 1.6% | – 47.5% | 9 | 7,205 | 3.2% | – 27.6% | 8 | 9 |
| 10 | Peugeot | 257 | 0.9% | + 33.2% | 10 | 1,871 | 0.8% | + 15.8% | 10 | 11 |
| 11 | Hyundai Trucks | 160 | 0.5% | + 97.5% | 11 | 1,475 | 0.7% | + 105.4% | 11 | 15 |
| 12 | BMW+Mini | 124 | 0.4% | – 37.1% | 12 | 1,127 | 0.5% | – 12.6% | 12 | 13 |
| 13 | Hino | 79 | 0.3% | – 37.8% | 13 | 1,045 | 0.5% | – 30.5% | 13 | 12 |
| 14 | Lexus | 61 | 0.2% | – 61.9% | 14 | 857 | 0.4% | – 19.5% | 14 | 14 |
| 15 | Samco | 18 | 0.1% | – 25.0% | 15 | 221 | 0.1% | + 61.3% | 15 | 16 |
| 16 | Daewoo Bus | 7 | 0.0% | – 91.3% | 16 | 35 | 0.0% | – 77.0% | 16 | 18 |
Vietnam August 2024 – models:
Note: Some manufacturers such as BMW, Lexus and Peugeot don’t share models detail.
| Pos | Model | Aug-24 | % | /23 | Jul | 2024 | % | /23 | Pos | FY23 |
| 1 | Mitsubishi Xforce | 2,504 | 8.4% | new | 1 | 8,142 | 3.6% | new | 3 | – |
| 2 | Ford Ranger | 1,274 | 4.3% | + 14.5% | 4 | 10,293 | 4.6% | + 4.1% | 1 | 4 |
| 3 | Mazda CX-5 | 1,070 | 3.6% | – 38.0% | 6 | 7,384 | 3.3% | – 16.2% | 4 | 3 |
| 4 | Toyota Vios | 1,010 | 3.4% | + 250.7% | 2 | 6,970 | 3.1% | + 16.5% | 5 | 5 |
| 5 | Mitsubishi Xpander | 1,003 | 3.4% | – 41.0% | 3 | 10,268 | 4.6% | – 16.3% | 2 | 1 |
| 6 | Hyundai Accent | 937 | 3.1% | – 6.5% | 7 | 6,910 | 3.1% | – 29.7% | 6 | 2 |
| 7 | Toyota Yaris Cross | 927 | 3.1% | new | 5 | 5,919 | 2.7% | new | 8 | 34 |
| 8 | Ford Everest | 812 | 2.7% | + 21.6% | 8 | 6,205 | 2.8% | + 4.6% | 7 | 9 |
| 9 | Hyundai Creta | 613 | 2.1% | + 67.5% | 12 | 4,113 | 1.8% | – 23.2% | 12 | 7 |
| 10 | Toyota Corolla Cross | 577 | 1.9% | – 65.9% | 14 | 3,276 | 1.5% | – 64.2% | 16 | 8 |
| 11 | Ford Territory | 576 | 1.9% | + 13.6% | 11 | 4,262 | 1.9% | – 8.7% | 11 | 13 |
| 12 | Ford Transit | 575 | 1.9% | + 13.4% | 45 | 2,857 | 1.3% | + 5.3% | 22 | 26 |
| 13 | Toyota Veloz Cross | 538 | 1.8% | + 6.7% | 9 | 4,071 | 1.8% | – 26.5% | 13 | 12 |
| 14 | Hyundai Santa Fe | 511 | 1.7% | + 127.1% | 19 | 3,141 | 1.4% | + 2.1% | 20 | 16 |
| 15 | Mazda2 | 442 | 1.5% | + 54.5% | 22 | 3,239 | 1.5% | + 25.8% | 18 | 25 |
| 16 | Kia Seltos | 439 | 1.5% | – 54.7% | 17 | 3,572 | 1.6% | – 31.0% | 14 | 11 |
| 17 | Kia Sonet | 430 | 1.4% | – 59.6% | 21 | 4,341 | 1.9% | – 33.5% | 10 | 6 |
| 18 | Hyundai Tucson | 425 | 1.4% | + 129.7% | 18 | 3,034 | 1.4% | + 50.7% | 21 | 18 |
| 19 | Honda City | 421 | 1.4% | + 8.2% | 10 | 4,481 | 2.0% | – 25.8% | 9 | 10 |
| 20 | Toyota Innova Cross | 406 | 1.4% | new | 33 | 2,740 | 1.2% | new | 24 | 61 |
| 21 | Mazda3 | 380 | 1.3% | – 32.1% | 26 | 2,816 | 1.3% | – 23.8% | 23 | 15 |
| 22 | Hyundai Stargazer | 377 | 1.3% | + 305.4% | 15 | 2,111 | 0.9% | – 4.0% | 29 | 27 |
| 23 | Kia Carens | 366 | 1.2% | + 22.0% | 24 | 2,607 | 1.2% | + 18.6% | 27 | 30 |
| 24 | Hyundai Grand i10 | 310 | 1.0% | – 19.5% | 23 | 2,731 | 1.2% | – 42.6% | 25 | 14 |
| 25 | Kia K3 | 308 | 1.0% | + 54.0% | 29 | 2,149 | 1.0% | + 10.5% | 28 | 33 |
| 26 | Hyundai Venue | 297 | 1.0% | new | 30 | 2,102 | 0.9% | new | 30 | 69 |
| 27 | Toyota Raize | 296 | 1.0% | + 14.7% | 25 | 2,656 | 1.2% | – 23.5% | 26 | 24 |
| 28 | Honda CR-V | 291 | 1.0% | – 43.9% | 16 | 3,203 | 1.4% | + 6.4% | 19 | 19 |
| 29 | Kia Sportage | 291 | 1.0% | + 177.1% | 37 | 1,518 | 0.7% | – 1.9% | 39 | 42 |
| 30 | Kia Carnival | 280 | 0.9% | – 25.9% | 20 | 3,253 | 1.5% | – 3.3% | 17 | 21 |
| 31 | Toyota Fortuner | 236 | 0.8% | + 1.7% | 27 | 1,799 | 0.8% | – 25.6% | 35 | 31 |
| 32 | Mitsubishi Attrage | 233 | 0.8% | – 26.5% | 34 | 1,571 | 0.7% | – 50.0% | 38 | 22 |
| 33 | Suzuki Carry Pro | 228 | 0.8% | + 5600.0% | 36 | 1,805 | 0.8% | + 45025.0% | 34 | 67 |
| 34 | Mazda CX-3 | 225 | 0.8% | + 275.0% | 32 | 1,490 | 0.7% | + 48.6% | 41 | 48 |
| 35 | Hyundai Custin | 217 | 0.7% | new | 41 | 1,646 | 0.7% | new | 37 | 46 |
| 36 | Mitsubishi Outlander | 217 | 0.7% | + 59.6% | 47 | 839 | 0.4% | – 37.6% | 50 | 40 |
| 37 | Honda HR-V | 213 | 0.7% | + 3.4% | 13 | 3,329 | 1.5% | + 61.6% | 15 | 28 |
| 38 | Mazda CX-8 | 210 | 0.7% | – 15.7% | 38 | 1,492 | 0.7% | – 20.6% | 40 | 36 |
| 39 | Honda BR-V | 208 | 0.7% | – 17.8% | 28 | 2,100 | 0.9% | + 291.8% | 31 | 35 |
| 40 | Toyota Hilux | 206 | 0.7% | + 1371.4% | 31 | 1,053 | 0.5% | + 1124.4% | 46 | 71 |
| 41 | Toyota Wigo | 200 | 0.7% | – 11.1% | 35 | 1,717 | 0.8% | + 108.9% | 36 | 45 |
| 42 | Suzuki Carry | 170 | 0.6% | + 4.9% | 55 | 1,873 | 0.8% | – 17.3% | 32 | 32 |
| 43 | Mazda CX-30 | 140 | 0.5% | + 169.2% | 43 | 944 | 0.4% | + 0.4% | 47 | 47 |
| 44 | Hyundai Elantra | 132 | 0.4% | – 14.3% | 42 | 1,080 | 0.5% | – 33.9% | 45 | 37 |
| 45 | Toyota Avanza Premio | 129 | 0.4% | – 56.4% | 40 | 1,243 | 0.6% | – 40.6% | 43 | 29 |
| 46 | Hyundai Palisade | 102 | 0.3% | new | 46 | 778 | 0.3% | new | 51 | 63 |
| 47 | Mitsubishi Triton | 86 | 0.3% | – 47.6% | 39 | 1,281 | 0.6% | – 6.3% | 42 | 38 |
| 48 | Toyota Camry | 65 | 0.2% | – 52.9% | 44 | 854 | 0.4% | – 50.3% | 49 | 41 |
| 49 | Kia Sorento | 62 | 0.2% | + 3.3% | 49 | 564 | 0.3% | – 43.3% | 52 | 50 |
| 50 | Isuzu D-Max | 60 | 0.2% | + 185.7% | 57 | 280 | 0.1% | – 23.1% | 60 | 62 |
| 51 | Suzuki Jimny | 57 | 0.2% | new | 58 | 261 | 0.1% | new | 61 | – |
| 52 | Mitsubishi Pajero Sport | 48 | 0.2% | – 52.0% | 54 | 447 | 0.2% | – 32.5% | 55 | 58 |
| 53 | Toyota Innova | 46 | 0.2% | – 62.0% | 53 | 434 | 0.2% | – 68.4% | 56 | 44 |
| 54 | Mazda6 | 42 | 0.1% | – 16.0% | 59 | 321 | 0.1% | – 58.0% | 58 | 55 |
| 55 | Kia Morning | 38 | 0.1% | – 47.2% | 56 | 489 | 0.2% | – 53.1% | 53 | 49 |
| 56 | Ford Explorer | 33 | 0.1% | n/a | 51 | 454 | 0.2% | + 167.1% | 54 | 65 |
| 57 | Toyota Corolla | 33 | 0.1% | – 52.9% | 48 | 319 | 0.1% | – 69.8% | 59 | 52 |
| 58 | Honda Civic | 24 | 0.1% | – 61.3% | 52 | 877 | 0.4% | + 4.2% | 48 | 53 |
| 59 | Toyota Land Cruiser | 22 | 0.1% | – 58.5% | 50 | 374 | 0.2% | + 12.3% | 57 | 60 |
| 60 | Isuzu MU-X | 20 | 0.1% | + 53.8% | 64 | 124 | 0.1% | + 3.3% | 65 | 66 |
| 61 | Kia Soluto | 19 | 0.1% | – 76.3% | 61 | 243 | 0.1% | – 64.1% | 62 | 56 |
| 62 | Kia K5 | 14 | 0.0% | – 82.5% | 60 | 187 | 0.1% | – 70.9% | 64 | 57 |
| 63 | Suzuki XL7 | 13 | 0.0% | – 92.4% | 62 | 1,813 | 0.8% | – 3.1% | 33 | 39 |
| 64 | Toyota Alphard | 9 | 0.0% | + 125.0% | 65 | 83 | 0.0% | + 15.3% | 66 | 70 |
| 65 | Honda Accord | 3 | 0.0% | + 50.0% | 67 | 57 | 0.0% | + 83.9% | 67 | 73 |
| 66 | Suzuki Super Carry Pro | 1 | 0.0% | – 99.8% | 68 | 20 | 0.0% | – 99.6% | 68 | 20 |
Source: VAMA, Hyundai
