Vietnam - Automotive Sales volume, 2022
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Flash report, Automotive sales volume, 2022
Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec.
Flash report, Dec 2022
Jan 12, 2023
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
Auto sales in Vietnam down 24.5%in December, full year 2022 up 33.0% to 404,635
According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on January 11, automobile sales (including imported vehicles of nonVAMA manufactures' sales) in Vietnam were down 24.5% year on year to 35,301 units in December. CKD volume was 17,666 units, and CBU volume was 17,635 units.
2022 annual sales were up 33.0% to 404,635 units. CKD volume was 226,487 units, and CBU volume was 178,148 units.
VAMA members (20 manufactures) sales in 2022 were up 29.2% to 358,063 units. VAMA members passenger car sales were up 39.5%, commercial vehicles were up 0.3%, and special purpose vehicles were up 2.2%.
By brand sales in 2022 based on MarkLines Data Center figures, Toyota (excluding Lexus) increased 34.9% to 91,115 units (22.5% market share). Thaco Kia increased 33.4% to 60,729 units (15.0% share). Mitsubishi was up 46.3% to 39,861 units (9.9% share). Thaco Mazda sales were up 32.1% to 36,052 units (8.9% share). Honda sales were up 41.2% to 30,645 units (7.6% share).
Explaining the decline in the auto market during the peak shopping season at the end of the year, experts say that it is due to the impact of many factors, including difficulty in accessing loans from banks and interest rates. Highinterest rates caused many customers to postpone their demand for cars at the end of the year.
| Dec. 2022 | Dec. 2021 | Y-o-Y | Jan. -Dec. 2022 | Jan. -Dec. 2021 | Y-o-Y | |
|---|---|---|---|---|---|---|
| Passenger Cars | 23,825 | 36,059 | -33.9% | 284,317 | 203,766 | 39.5% |
| Commercial Vehicles | 6,353 | 7,306 | -13.0% | 70,409 | 70,173 | 0.3% |
| SPV | 125 | 161 | -22.4% | 3,337 | 3,264 | 2.2% |
| VAMA Total | 30,303 | 43,526 | -30.4% | 358,063 | 277,203 | 29.2% |
| Total (Incl. non-VAMA member import) |
35,301 | 46,759 | -24.5% | 404,635 | 304,150 | 33.0% |
* exclude bus chassis
Vietnam - Sales of locally assembled vehicles
| Make | Dec. 2022 | Share | Dec. 2021 | Share | Y-o-Y | Jan. -Dec. 2022 | Share | Jan. -Dec. 2021 | Share | Y-o-Y |
|---|---|---|---|---|---|---|---|---|---|---|
| Toyota | 9,624 | 27.3% | 12,424 | 26.6% | -22.5% | 91,115 | 22.5% | 67,533 | 22.2% | 34.9% |
| Thaco Kia | 2,945 | 8.3% | 7,368 | 15.8% | -60.0% | 60,729 | 15.0% | 45,532 | 15.0% | 33.4% |
| Mitsubishi | 3,056 | 8.7% | 4,742 | 10.1% | -35.6% | 39,861 | 9.9% | 27,243 | 9.0% | 46.3% |
| Thaco Mazda | 2,500 | 7.1% | 5,271 | 11.3% | -52.6% | 36,052 | 8.9% | 27,286 | 9.0% | 32.1% |
| Honda | 2,322 | 6.6% | 4,292 | 9.2% | -45.9% | 30,645 | 7.6% | 21,698 | 7.1% | 41.2% |
| Ford | 4,811 | 13.6% | 2,346 | 5.0% | 105.1% | 28,847 | 7.1% | 23,708 | 7.8% | 21.7% |
| Thaco Truck | 964 | 2.7% | 1,480 | 3.2% | -34.9% | 21,107 | 5.2% | 22,841 | 7.5% | -7.6% |
| Suzuki | 1,615 | 4.6% | 1,752 | 3.7% | -7.8% | 16,209 | 4.0% | 13,740 | 4.5% | 18.0% |
| Isuzu* | 855 | 2.4% | 1,501 | 3.2% | -43.0% | 11,108 | 2.7% | 8,857 | 2.9% | 25.4% |
| Peugeot | 450 | 1.3% | 976 | 2.1% | -53.9% | 10,175 | 2.5% | 6,754 | 2.2% | 50.7% |
| Hino* | 515 | 1.5% | 582 | 1.2% | -11.5% | 5,613 | 1.4% | 4,815 | 1.6% | 16.6% |
| Dothanh | 73 | 0.2% | 270 | 0.6% | -73.0% | 1,581 | 0.4% | 2,346 | 0.8% | -32.6% |
| Lexus | 82 | 0.2% | 218 | 0.5% | -62.4% | 1,510 | 0.4% | 1,469 | 0.5% | 2.8% |
| Thaco BMW | 241 | 0.7% | 175 | 0.4% | 37.7% | 1,298 | 0.3% | 1,262 | 0.4% | 2.9% |
| Bus Thaco | 60 | 0.2% | 20 | 0.0% | 200.0% | 939 | 0.2% | 582 | 0.2% | 61.3% |
| VEAM | 14 | 0.0% | 53 | 0.1% | -73.6% | 491 | 0.1% | 539 | 0.2% | -8.9% |
| Vinamotor* | 45 | 0.1% | 20 | 0.0% | 125.0% | 384 | 0.1% | 672 | 0.2% | -42.9% |
| SAMCO | 62 | 0.2% | 13 | 0.0% | 376.9% | 289 | 0.1% | 224 | 0.1% | 29.0% |
| Daewoo Bus | 69 | 0.2% | 23 | 0.0% | 200.0% | 110 | 0.0% | 102 | 0.0% | 7.8% |
| VAMA Total | 30,303 | 85.8% | 43,526 | 93.1% | -30.4% | 358,063 | 88.5% | 277,203 | 91.1% | 29.2% |
| Total (Incl. non-VAMA member import) |
35,301 | 100.0% | 46,759 | 100.0% | -24.5% | 404,635 | 100.0% | 304,150 | 100.0% | 33.0% |
* exclude bus chassis
Flash report, Nov 2022
Dec 13, 2022
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
Auto sales in Vietnam down 5.9% in November
According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on December 13, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were down 5.9% year on year to 36,371 units in November. CKD volume was 18,813 units and CBU volume was 17,558 units.
VAMA members (20 manufactures) sales in November were down 14.5% y/y to 31,186 units.
VAMA members passenger car sales were down 6.9%, commercial vehicles were down 35.1% and special purpose vehicles were down 72.7%.
By brand sales in November based on MarkLines Data Center figures, Toyota (excluding Lexus) was down 13.0% y/y to 8,678 units with a 23.9% market share. Thaco Kia was down 15.3% to 5,090 units with a 14.0% market share. Ford was up 42.5% to 4,506 units with an 12.4% market share. Thaco Mazda was down 3.9% to 3,492 units with a 9.6% market share. Mitsubishi was up 6.8% to 3,441 units with a 9.5% market share. Honda was down 27.8% to 1,436 units with a 3.9% market share. Thaco Truck was down 49.1% to 1,350 units with an 3.7% market share.
Cumulative sales for the eleven months of the year rose 43.5% y/y to 369,334 units. Of the total, sales of CKD cars was 208,822 units, and those of CBU imported cars was 160,512 units.
| Nov. 2022 | Nov. 2021 | Y-o-Y | Jan. -Nov. 2022 | Jan. -Nov. 2021 | Y-o-Y | |
|---|---|---|---|---|---|---|
| Passenger Cars | 25,251 | 27,126 | -6.9% | 260,491 | 167,707 | 55.3% |
| Commercial Vehicles | 5,849 | 9,013 | -35.1% | 64,057 | 62,867 | 1.9% |
| SPV | 86 | 315 | -72.7% | 3,212 | 3,103 | 3.5% |
| VAMA Total | 31,186 | 36,454 | -14.5% | 327,760 | 233,677 | 40.3% |
| Total (Incl. non-VAMA member import) |
36,371 | 38,656 | -5.9% | 369,334 | 257,391 | 43.5% |
* exclude bus chassis
Vietnam - Sales of locally assembled vehicles
| Make | Nov. 2022 | Share | Nov. 2021 | Share | Y-o-Y | Jan. -Nov. 2022 | Share | Jan. -Nov. 2021 | Share | Y-o-Y |
|---|---|---|---|---|---|---|---|---|---|---|
| Toyota | 8,678 | 23.9% | 9,978 | 25.8% | -13.0% | 81,491 | 22.1% | 55,109 | 21.4% | 47.9% |
| Thaco Kia | 5,090 | 14.0% | 6,011 | 15.5% | -15.3% | 57,784 | 15.6% | 38,164 | 14.8% | 51.4% |
| Ford | 4,506 | 12.4% | 3,162 | 8.2% | 42.5% | 24,036 | 6.5% | 21,362 | 8.3% | 12.5% |
| Thaco Mazda | 3,492 | 9.6% | 3,635 | 9.4% | -3.9% | 33,552 | 9.1% | 22,015 | 8.6% | 52.4% |
| Mitsubishi | 3,441 | 9.5% | 3,222 | 8.3% | 6.8% | 36,805 | 10.0% | 22,501 | 8.7% | 63.6% |
| Honda | 1,436 | 3.9% | 1,990 | 5.1% | -27.8% | 28,323 | 7.7% | 17,406 | 6.8% | 62.7% |
| Thaco Truck | 1,350 | 3.7% | 2,651 | 6.9% | -49.1% | 20,143 | 5.5% | 21,361 | 8.3% | -5.7% |
| Suzuki | 1,114 | 3.1% | 2,668 | 6.9% | -58.2% | 14,594 | 4.0% | 11,988 | 4.7% | 21.7% |
| Isuzu* | 839 | 2.3% | 919 | 2.4% | -8.7% | 10,253 | 2.8% | 7,356 | 2.9% | 39.4% |
| Hino* | 385 | 1.1% | 560 | 1.4% | -31.3% | 5,098 | 1.4% | 4,233 | 1.6% | 20.4% |
| Peugeot | 347 | 1.0% | 886 | 2.3% | -60.8% | 9,725 | 2.6% | 5,778 | 2.2% | 68.3% |
| Thaco BMW | 132 | 0.4% | 128 | 0.3% | 3.1% | 1,057 | 0.3% | 1,087 | 0.4% | -2.8% |
| Bus Thaco | 130 | 0.4% | 52 | 0.1% | 150.0% | 879 | 0.2% | 562 | 0.2% | 56.4% |
| Dothanh | 92 | 0.3% | 200 | 0.5% | -54.0% | 1,508 | 0.4% | 2,076 | 0.8% | -27.4% |
| Lexus | 62 | 0.2% | 235 | 0.6% | -73.6% | 1,428 | 0.4% | 1,251 | 0.5% | 14.1% |
| Vinamotor* | 53 | 0.1% | 38 | 0.1% | 39.5% | 339 | 0.1% | 652 | 0.3% | -48.0% |
| SAMCO | 26 | 0.1% | 48 | 0.1% | -45.8% | 227 | 0.1% | 211 | 0.1% | 7.6% |
| VEAM | 10 | 0.0% | 71 | 0.2% | -85.9% | 477 | 0.1% | 486 | 0.2% | -1.9% |
| Daewoo Bus | 3 | 0.0% | - | -% | -% | 41 | 0.0% | 79 | 0.0% | -48.1% |
| VAMA Total | 31,186 | 85.7% | 36,454 | 94.3% | -14.5% | 327,760 | 88.7% | 233,677 | 90.8% | 40.3% |
| Total (Incl. non-VAMA member import) |
36,371 | 100.0% | 38,656 | 100.0% | -5.9% | 369,334 | 100.0% | 257,391 | 100.0% | 43.5% |
* exclude bus chassis
Flash report, Oct 2022
Nov 11, 2022
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
Auto sales in Vietnam up 22.7% in October
According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on November 11, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were up 22.7% year on year 36,560 units in October. CKD volume was 20,051 units and CBU volume was 16,509 units.
VAMA members (20 manufactures) sales in October were up 16.5% y/y to 31,623 units.
VAMA members passenger car sales were up 34.3%, commercial vehicles were down 18.5% and special purpose vehicles were down 22.4%.
By brand sales in October based on MarkLines Data Center figures, Toyota (excluding Lexus) was up 22.7% y/y to 8,683 units and a 23.8% market share. Thaco Kia was up 7.5% to 4,902 units and a 13.4% market share. Ford was up 20.7% to 4,012 units and an 11.0% market share. Thaco Mazda was up 78.7% to 3,502 units and a 9.6% market share. Mitsubishi was up 33.3% to 3,068 units and a 8.4% market share. Thaco Truck was down 30.1% to 1,852 units and a 5.1% market share. Honda was up 32.3% to 1,744 units and an 4.8% market share.
Cumulative sales for the ten months of the year rose 52.2% y/y to 332,963 units. Of the total, sales of CKD cars increased to 190,009 units, and those of CBU imported cars increased to 142,954 units.
| Oct. 2022 | Oct. 2021 | Y-o-Y | Jan. -Oct. 2022 | Jan. -Oct. 2021 | Y-o-Y | |
|---|---|---|---|---|---|---|
| Passenger Cars | 24,193 | 18,013 | 34.3% | 235,240 | 140,581 | 67.3% |
| Commercial Vehicles | 7,194 | 8,832 | -18.5% | 58,208 | 53,854 | 8.1% |
| SPV | 236 | 304 | -22.4% | 3,126 | 2,788 | 12.1% |
| VAMA Total | 31,623 | 27,149 | 16.5% | 296,574 | 197,223 | 50.4% |
| Total (Incl. non-VAMA member import) |
36,560 | 29,797 | 22.7% | 332,963 | 218,735 | 52.2% |
* exclude bus chassis
Vietnam - Sales of locally assembled vehicles
| Make | Oct. 2022 | Share | Oct. 2021 | Share | Y-o-Y | Jan. -Oct. 2022 | Share | Jan. -Oct. 2021 | Share | Y-o-Y |
|---|---|---|---|---|---|---|---|---|---|---|
| Toyota | 8,683 | 23.8% | 7,076 | 23.7% | 22.7% | 72,813 | 21.9% | 45,131 | 20.6% | 61.3% |
| Thaco Kia | 4,902 | 13.4% | 4,558 | 15.3% | 7.5% | 52,694 | 15.8% | 32,153 | 14.7% | 63.9% |
| Ford | 4,012 | 11.0% | 3,324 | 11.2% | 20.7% | 19,530 | 5.9% | 18,200 | 8.3% | 7.3% |
| Thaco Mazda | 3,502 | 9.6% | 1,960 | 6.6% | 78.7% | 30,060 | 9.0% | 18,380 | 8.4% | 63.5% |
| Mitsubishi | 3,068 | 8.4% | 2,301 | 7.7% | 33.3% | 33,364 | 10.0% | 19,279 | 8.8% | 73.1% |
| Thaco Truck | 1,852 | 5.1% | 2,650 | 8.9% | -30.1% | 18,793 | 5.6% | 18,710 | 8.6% | 0.4% |
| Honda | 1,744 | 4.8% | 1,318 | 4.4% | 32.3% | 26,887 | 8.1% | 15,416 | 7.0% | 74.4% |
| Suzuki | 1,369 | 3.7% | 1,229 | 4.1% | 11.4% | 13,480 | 4.0% | 9,320 | 4.3% | 44.6% |
| Isuzu* | 974 | 2.7% | 994 | 3.3% | -2.0% | 9,414 | 2.8% | 6,437 | 2.9% | 46.2% |
| Peugeot | 553 | 1.5% | 545 | 1.8% | 1.5% | 9,378 | 2.8% | 4,892 | 2.2% | 91.7% |
| Hino* | 458 | 1.3% | 540 | 1.8% | -15.2% | 4,713 | 1.4% | 3,673 | 1.7% | 28.3% |
| Dothanh | 115 | 0.3% | 210 | 0.7% | -45.2% | 1,416 | 0.4% | 1,876 | 0.9% | -24.5% |
| Bus Thaco | 114 | 0.3% | 25 | 0.1% | 356.0% | 749 | 0.2% | 510 | 0.2% | 46.9% |
| Lexus | 92 | 0.3% | 198 | 0.7% | -53.5% | 1,366 | 0.4% | 1,016 | 0.5% | 34.4% |
| Thaco BMW | 62 | 0.2% | 102 | 0.3% | -39.2% | 925 | 0.3% | 959 | 0.4% | -3.5% |
| Vinamotor* | 58 | 0.2% | 21 | 0.1% | 176.2% | 286 | 0.1% | 614 | 0.3% | -53.4% |
| SAMCO | 37 | 0.1% | 16 | 0.1% | 131.3% | 201 | 0.1% | 163 | 0.1% | 23.3% |
| VEAM | 28 | 0.1% | 76 | 0.3% | -63.2% | 467 | 0.1% | 415 | 0.2% | 12.5% |
| Daewoo Bus | - | -% | 6 | 0.0% | -% | 38 | 0.0% | 79 | 0.0% | -51.9% |
| VAMA Total | 31,623 | 86.5% | 27,149 | 91.1% | 16.5% | 296,574 | 89.1% | 197,223 | 90.2% | 50.4% |
| Total (Incl. non-VAMA member import) |
36,560 | 100.0% | 29,797 | 100.0% | 22.7% | 332,963 | 100.0% | 218,735 | 100.0% | 52.2% |
* exclude bus chassis
Flash report, Sep 2022
Oct 12, 2022
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
Auto sales in Vietnam up 147.2% in September
According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on October 11, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were up 147.2% year on year 33,463 units in September. CKD volume was 17,193 units and CBU volume was 16,270 units. Sales were low in September 2021 due to strict social isolation measures in place to combat the coronavirus pandemic.
VAMA members (20 manufactures) sales in September were up 133.9% y/y to 28,756 units.
VAMA members passenger car sales were up 186.7%, commercial vehicles were up 46.7% and special purpose vehicles were down 9.2%.
By brand sales in September based on MarkLines Data Center figures, Toyota (excluding Lexus) was up 198.4% y/y to 8,779 units and a 26.2% market share. Mitsubishi was up 432.2% to 3,896 units and a 11.6% market share. Thaco Kia was up 76.9% to 3,864 units and a 11.5% market share. Ford was up 114.4% to 2,914 units and an 8.7% market share. Honda was up 233.9% to 1,970 units and an 5.9% market share. Thaco Mazda was up 79.0% to 1,888 units and a 5.6% market share. Thaco Truck was up 17.7% to 1,795 units and a 5.4% market share.
Cumulative sales for the nine months of the year rose 56.9% y/y to 296,403 units. Of the total, sales of CKD cars increased to 169,958, and those of CBU imported cars increased to 126,445 units.
Sales volume by type of VAMA members *
| Sep. 2022 | Sep. 2021 | Y-o-Y | Jan. -Sep. 2022 | Jan. -Sep. 2021 | Y-o-Y | |
|---|---|---|---|---|---|---|
| Passenger Cars | 22,182 | 7,736 | 186.7% | 211,047 | 122,568 | 72.2% |
| Commercial Vehicles | 6,386 | 4,353 | 46.7% | 51,014 | 45,022 | 13.3% |
| SPV | 188 | 207 | -9.2% | 2,890 | 2,484 | 16.3% |
| VAMA Total | 28,756 | 12,296 | 133.9% | 264,951 | 170,074 | 55.8% |
| Total (Incl. non-VAMA member import) |
33,463 | 13,537 | 147.2% | 296,403 | 188,938 | 56.9% |
* exclude bus chassis
Vietnam - Sales of locally assembled vehicles
| Make | Sep. 2022 | Share | Sep. 2021 | Share | Y-o-Y | Jan. -Sep. 2022 | Share | Jan. -Sep. 2021 | Share | Y-o-Y |
|---|---|---|---|---|---|---|---|---|---|---|
| Toyota | 8,779 | 26.2% | 2,942 | 21.7% | 198.4% | 64,130 | 21.6% | 38,055 | 20.1% | 68.5% |
| Mitsubishi | 3,896 | 11.6% | 732 | 5.4% | 432.2% | 30,296 | 10.2% | 16,978 | 9.0% | 78.4% |
| Thaco Kia | 3,864 | 11.5% | 2,184 | 16.1% | 76.9% | 47,792 | 16.1% | 27,595 | 14.6% | 73.2% |
| Ford | 2,914 | 8.7% | 1,359 | 10.0% | 114.4% | 15,518 | 5.2% | 14,876 | 7.9% | 4.3% |
| Honda | 1,970 | 5.9% | 590 | 4.4% | 233.9% | 25,143 | 8.5% | 14,098 | 7.5% | 78.3% |
| Thaco Mazda | 1,888 | 5.6% | 1,055 | 7.8% | 79.0% | 26,558 | 9.0% | 16,420 | 8.7% | 61.7% |
| Thaco Truck | 1,795 | 5.4% | 1,525 | 11.3% | 17.7% | 16,941 | 5.7% | 16,060 | 8.5% | 5.5% |
| Isuzu* | 1,118 | 3.3% | 353 | 2.6% | 216.7% | 8,440 | 2.8% | 5,443 | 2.9% | 55.1% |
| Suzuki | 1,041 | 3.1% | 727 | 5.4% | 43.2% | 12,111 | 4.1% | 8,091 | 4.3% | 49.7% |
| Peugeot | 611 | 1.8% | 315 | 2.3% | 94.0% | 8,825 | 3.0% | 4,347 | 2.3% | 103.0% |
| Hino* | 470 | 1.4% | 230 | 1.7% | 104.3% | 4,255 | 1.4% | 3,133 | 1.7% | 35.8% |
| Lexus | 136 | 0.4% | 80 | 0.6% | 70.0% | 1,274 | 0.4% | 818 | 0.4% | 55.7% |
| Dothanh | 105 | 0.3% | 97 | 0.7% | 8.2% | 1,301 | 0.4% | 1,666 | 0.9% | -21.9% |
| Bus Thaco | 67 | 0.2% | 35 | 0.3% | 91.4% | 635 | 0.2% | 485 | 0.3% | 30.9% |
| Thaco BMW | 42 | 0.1% | 31 | 0.2% | 35.5% | 863 | 0.3% | 857 | 0.5% | 0.7% |
| VEAM | 31 | 0.1% | 21 | 0.2% | 47.6% | 439 | 0.1% | 339 | 0.2% | 29.5% |
| SAMCO | 17 | 0.1% | 0 | 0.0% | -% | 164 | 0.1% | 147 | 0.1% | 11.6% |
| Vinamotor* | 12 | 0.0% | 20 | 0.1% | -40.0% | 228 | 0.1% | 593 | 0.3% | -61.6% |
| Daewoo Bus | 0 | 0.0% | 0 | 0.0% | -% | 38 | 0.0% | 73 | 0.0% | -47.9% |
| VAMA Total | 28,756 | 85.9% | 12,296 | 90.8% | 133.9% | 264,951 | 89.4% | 170,074 | 90.0% | 55.8% |
| Total (Incl. non-VAMA member import) |
33,463 | 100.0% | 13,537 | 100.0% | 147.2% | 296,403 | 100.0% | 188,938 | 100.0% | 56.9% |
* exclude bus chassis
Flash report, Aug 2022
Sep 14, 2022
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
Auto sales in Vietnam up 247.2% in August
According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on September 13, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were up 247.2% year on year 30,846 units in August. CKD volume was 15,499 units and CBU volume was 15,347 units.
Insiders said the 247% surge was understandable because this time last year saw many provinces and cities implementing social distancing to help control the COVID-19 epidemic.
VAMA members (20 manufactures) sales in August were up 240.5% y/y to 26,267 units.
VAMA members passenger car sales were up 285.7%, commercial vehicles were up 141.8%, and special purpose vehicles were down 30.1%.
By brand sales in August based on MarkLines Data Center figures, Toyota (excluding Lexus) was up 196.9% y/y to 6,701 units and a 21.7% market share. Thaco Kia was up 186.3% to 4,404 units and a 14.3% market share. Mitsubishi was up 1471.6% to 4,039 units and a 13.1% market share. Thaco Mazda was up 256.0% to 3,090 units and a 10.0% market share. Thaco Truck was up 73.1% to 1,644 units and a 5.3% market share. Honda was up 163.7% to 1,495 units and an 4.8% market share. Ford was up 175.7% to 1,315 units and a 4.3% market share.
Cumulative sales for the eight months of the year rose 49.9% y/y to 262,940 units. Of the total, sales of CKD cars increased to 152,765, and those of CBU imported cars increased to 110,175 units.
According to the analyst's forecast, as the COVID-19 epidemic has been well controlled in Vietnam, it is expected that the Vietnamese auto market will gradually recover.
| Aug. 2022 | Aug. 2021 | Y-o-Y | Jan. -Aug. 2022 | Jan. -Aug. 2021 | Y-o-Y | |
|---|---|---|---|---|---|---|
| Passenger Cars | 21,405 | 5,550 | 285.7% | 188,865 | 114,832 | 64.5% |
| Commercial Vehicles | 4,711 | 1,948 | 141.8% | 44,628 | 40,669 | 9.7% |
| SPV | 151 | 216 | -30.1% | 2,702 | 2,277 | 18.7% |
| VAMA Total | 26,267 | 7,714 | 240.5% | 236,195 | 157,778 | 49.7% |
| Total (Incl. non-VAMA member import) |
30,846 | 8,884 | 247.2% | 262,940 | 175,401 | 49.9% |
* exclude bus chassis
Vietnam - Sales of locally assembled vehicles
| Make | Aug. 2022 | Share | Aug. 2021 | Share | Y-o-Y | Jan. -Aug. 2022 | Share | Jan. -Aug. 2021 | Share | Y-o-Y |
|---|---|---|---|---|---|---|---|---|---|---|
| Toyota | 6,701 | 21.7% | 2,257 | 25.4% | 196.9% | 55,351 | 21.1% | 35,113 | 20.0% | 57.6% |
| Thaco Kia | 4,404 | 14.3% | 1,538 | 17.3% | 186.3% | 43,928 | 16.7% | 25,411 | 14.5% | 72.9% |
| Mitsubishi | 4,039 | 13.1% | 257 | 2.9% | 1471.6% | 26,400 | 10.0% | 16,246 | 9.3% | 62.5% |
| Thaco Mazda | 3,090 | 10.0% | 868 | 9.8% | 256.0% | 24,670 | 9.4% | 15,365 | 8.8% | 60.6% |
| Thaco Truck | 1,644 | 5.3% | 950 | 10.7% | 73.1% | 15,146 | 5.8% | 14,535 | 8.3% | 4.2% |
| Honda | 1,495 | 4.8% | 567 | 6.4% | 163.7% | 23,173 | 8.8% | 13,508 | 7.7% | 71.6% |
| Ford | 1,315 | 4.3% | 477 | 5.4% | 175.7% | 12,604 | 4.8% | 13,517 | 7.7% | -6.8% |
| Isuzu* | 1,015 | 3.3% | 113 | 1.3% | 798.2% | 7,322 | 2.8% | 5,090 | 2.9% | 43.9% |
| Peugeot | 887 | 2.9% | 230 | 2.6% | 285.7% | 8,214 | 3.1% | 4,032 | 2.3% | 103.7% |
| Suzuki | 864 | 2.8% | 111 | 1.2% | 678.4% | 11,070 | 4.2% | 7,364 | 4.2% | 50.3% |
| Hino* | 434 | 1.4% | 84 | 0.9% | 416.7% | 3,785 | 1.4% | 2,903 | 1.7% | 30.4% |
| Lexus | 95 | 0.3% | 47 | 0.5% | 102.1% | 1,138 | 0.4% | 738 | 0.4% | 54.2% |
| Bus Thaco | 89 | 0.3% | 82 | 0.9% | 8.5% | 568 | 0.2% | 450 | 0.3% | 26.2% |
| Dothanh | 85 | 0.3% | 55 | 0.6% | 54.5% | 1,196 | 0.5% | 1,569 | 0.9% | -23.8% |
| Thaco BMW | 32 | 0.1% | 30 | 0.3% | 6.7% | 821 | 0.3% | 826 | 0.5% | -0.6% |
| SAMCO | 27 | 0.1% | - | -% | -% | 147 | 0.1% | 147 | 0.1% | 0.0% |
| VEAM | 19 | 0.1% | 13 | 0.1% | 46.2% | 408 | 0.2% | 318 | 0.2% | 28.3% |
| Daewoo Bus | 17 | 0.1% | - | -% | -% | 38 | 0.0% | 73 | 0.0% | -47.9% |
| Vinamotor* | 15 | 0.0% | 35 | 0.4% | -57.1% | 216 | 0.1% | 573 | 0.3% | -62.3% |
| VAMA Total | 26,267 | 85.2% | 7,714 | 86.8% | 240.5% | 236,195 | 89.8% | 157,778 | 90.0% | 49.7% |
| Total (Incl. non-VAMA member import) |
30,846 | 100.0% | 8,884 | 100.0% | 247.2% | 262,940 | 100.0% | 175,401 | 100.0% | 49.9% |
* exclude bus chassis
Flash report, July 2022
Aug 12, 2022
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
Auto sales in Vietnam up 88.7% in July
According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on August 11, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were up 88.7% year on year 30,254 units in July. CKD volume was 13,759 units and CBU volume was 16,495 units.
The vehicle market continued to recover from last year’s Covid slowdown with easing supply chain bottlenecks also helping automakers fulfil pent up demand.
VAMA members (20 manufactures) sales in July were up 69.2% y/y to 24,461 units.
VAMA members passenger car sales were up 85.5%, commercial vehicles were up 36.3%, and special purpose vehicles were down 6.6%.
By brand sales in July based on MarkLines Data Center figures, Toyota (excluding Lexus) was up 53.9% y/y to 5,565 units and a 18.4% market share. Mitsubishi was up 295.3% to 4,245 units and a 14.0% market share. Thaco Kia was up 74.3% to 4,039 units and a 13.4% market share. Thaco Mazda was up 77.1% to 2,125 units and a 7.0% market share. Thaco Truck was up 32.9% to 1,655 units and a 5.5% market share. Ford was down 1.2% to 1,592 units and a 5.3% market share. Honda was up 18.3% to 1,487 units and an 4.9% market share.
Cumulative sales for the seven months of the year rose 39.4% y/y to 232,094 units. Of the total, sales of CKD cars increased to 129,825, and those of CBU imported cars increased to 102,269 units.
Sales volume by type of VAMA members *
| Jul. 2022 | Jul. 2021 | Y-o-Y | Jan. -Jul. 2022 | Jan. -Jul. 2021 | Y-o-Y | |
|---|---|---|---|---|---|---|
| Passenger Cars | 18,308 | 9,872 | 85.5% | 167,460 | 109,282 | 53.2% |
| Commercial Vehicles | 5,941 | 4,359 | 36.3% | 39,917 | 38,721 | 3.1% |
| SPV | 212 | 227 | -6.6% | 2,551 | 2,061 | 23.8% |
| VAMA Total | 24,461 | 14,458 | 69.2% | 209,928 | 150,064 | 39.9% |
| Total (Incl. non-VAMA member import) |
30,254 | 16,035 | 88.7% | 232,094 | 166,516 | 39.4% |
* exclude bus chassis
Vietnam - Sales of locally assembled vehicles
| Make | Jul. 2022 | Share | Jul. 2021 | Share | Y-o-Y | Jan. -Jul. 2022 | Share | Jan. -Jul. 2021 | Share | Y-o-Y |
|---|---|---|---|---|---|---|---|---|---|---|
| Toyota | 5,565 | 18.4% | 3,617 | 22.6% | 53.9% | 48,650 | 21.0% | 32,856 | 19.7% | 48.1% |
| Mitsubishi | 4,245 | 14.0% | 1,074 | 6.7% | 295.3% | 22,361 | 9.6% | 15,989 | 9.6% | 39.9% |
| Thaco Kia | 4,039 | 13.4% | 2,317 | 14.4% | 74.3% | 39,524 | 17.0% | 23,873 | 14.3% | 65.6% |
| Thaco Mazda | 2,125 | 7.0% | 1,200 | 7.5% | 77.1% | 21,580 | 9.3% | 14,497 | 8.7% | 48.9% |
| Thaco Truck | 1,655 | 5.5% | 1,245 | 7.8% | 32.9% | 13,502 | 5.8% | 13,585 | 8.2% | -0.6% |
| Ford | 1,592 | 5.3% | 1,612 | 10.1% | -1.2% | 11,289 | 4.9% | 13,040 | 7.8% | -13.4% |
| Honda | 1,487 | 4.9% | 1,257 | 7.8% | 18.3% | 21,678 | 9.3% | 12,941 | 7.8% | 67.5% |
| Suzuki | 1,035 | 3.4% | 480 | 3.0% | 115.6% | 10,206 | 4.4% | 7,253 | 4.4% | 40.7% |
| Isuzu* | 1,006 | 3.3% | 489 | 3.0% | 105.7% | 6,307 | 2.7% | 4,977 | 3.0% | 26.7% |
| Peugeot | 733 | 2.4% | 397 | 2.5% | 84.6% | 7,327 | 3.2% | 3,802 | 2.3% | 92.7% |
| Hino* | 489 | 1.6% | 375 | 2.3% | 30.4% | 3,351 | 1.4% | 2,819 | 1.7% | 18.9% |
| Lexus | 142 | 0.5% | 73 | 0.5% | 94.5% | 1,043 | 0.4% | 691 | 0.4% | 50.9% |
| Bus Thaco | 107 | 0.4% | 17 | 0.1% | 529.4% | 479 | 0.2% | 368 | 0.2% | 30.2% |
| Dothanh | 95 | 0.3% | 51 | 0.3% | 86.3% | 1,111 | 0.5% | 1,514 | 0.9% | -26.6% |
| Thaco BMW | 62 | 0.2% | 60 | 0.4% | 3.3% | 789 | 0.3% | 796 | 0.5% | -0.9% |
| VEAM | 42 | 0.1% | 11 | 0.1% | 281.8% | 389 | 0.2% | 305 | 0.2% | 27.5% |
| Vinamotor* | 18 | 0.1% | 183 | 1.1% | -90.2% | 201 | 0.1% | 538 | 0.3% | -62.6% |
| SAMCO | 18 | 0.1% | - | -% | -% | 120 | 0.1% | 147 | 0.1% | -18.4% |
| Daewoo Bus | 6 | 0.0% | - | -% | -% | 21 | 0.0% | 73 | 0.0% | -71.2% |
| VAMA Total | 24,461 | 80.9% | 14,458 | 90.2% | 69.2% | 209,928 | 90.4% | 150,064 | 90.1% | 39.9% |
| Total (Incl. non-VAMA member import) |
30,254 | 100.0% | 16,035 | 100.0% | 88.7% | 232,094 | 100.0% | 166,516 | 100.0% | 39.4% |
* exclude bus chassis
Flash report, June 2022
Jul 13, 2022
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
Auto sales in Vietnam up 6.7% in June
According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on July 13, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were up 6.7% year on year 25,159 units in June. CKD volume was 11,044 units and CBU volume was 14,115 units.
VAMA members (20 manufactures) sales in June were up 7.3% y/y to 22,067 units.
VAMA members passenger car sales were up 10.0%, commercial vehicles were up 1.3%, and special purpose vehicles were down 9.2%.
Sales growth last month slowed sharply after surging 78.2% to a record high of 39,469 units in May, as manufacturers moved to fulfil pent up demand following the recent covid lockdowns and the global semiconductor shortage.
By brand sales in June based on MarkLines Data Center figures, Toyota (excluding Lexus) was up 1.0% y/y to 5,179 units and a 20.6% market share. Thaco Kia was up 6.9% to 3,517 units and a 14.0% market share. Mitsubishi was up 25.1% to 2,283 units and a 9.1% market share. Ford was up 58.4% to 2,034 units and a 8.1% market share. Thaco Mazda was up 3.7% to 1,931 units and a 7.7% market share. Thaco Truck was down 8.7% to 1,757 units and a 7.0% market share. Honda was up 9.8% to 1,702 units and an 6.8% market share.
Cumulative sales for the six months of the year rose 34.1% y/y to 201,840 units. Of the total, sales of CKD cars increased 37% y/y to 116,066 units, and those of CBU imported cars increased 30% y/y to 85,774 units.
According to industry experts, the main cause of the above decline is the semiconductor crisis and the lack of chips that have not been resolved on a global scale, as well as the political impact in some regions. This has affected the production output of car manufacturers.
In addition, the policy of 50% reduction in registration fees for domestically assembled cars ended at the end of May, so many people bought cars in the previous period. This partly affects the sales growth decline in June.
Sales volume by type of VAMA members *
| Jun. 2022 | Jun. 2021 | Y-o-Y | Jan. -Jun. 2022 | Jan. -Jun. 2021 | Y-o-Y | |
|---|---|---|---|---|---|---|
| Passenger Cars | 16,083 | 14,622 | 10.0% | 149,152 | 99,410 | 50.0% |
| Commercial Vehicles | 5,708 | 5,636 | 1.3% | 33,976 | 34,362 | -1.1% |
| SPV | 276 | 304 | -9.2% | 2,339 | 1,834 | 27.5% |
| VAMA Total | 22,067 | 20,562 | 7.3% | 185,467 | 135,606 | 36.8% |
| Total (Incl. non-VAMA member import) |
25,159 | 23,587 | 6.7% | 201,840 | 150,481 | 34.1% |
* exclude bus chassis
Vietnam - Sales of locally assembled vehicles
| Make | Jun. 2022 | Share | Jun. 2021 | Share | Y-o-Y | Jan. -Jun. 2022 | Share | Jan. -Jun. 2021 | Share | Y-o-Y |
|---|---|---|---|---|---|---|---|---|---|---|
| Toyota | 5,179 | 20.6% | 5,127 | 21.7% | 1.0% | 43,085 | 21.3% | 29,239 | 19.4% | 47.4% |
| Thaco Kia | 3,517 | 14.0% | 3,290 | 13.9% | 6.9% | 35,485 | 17.6% | 21,556 | 14.3% | 64.6% |
| Mitsubishi | 2,283 | 9.1% | 1,825 | 7.7% | 25.1% | 18,116 | 9.0% | 14,915 | 9.9% | 21.5% |
| Ford | 2,034 | 8.1% | 1,284 | 5.4% | 58.4% | 9,697 | 4.8% | 11,428 | 7.6% | -15.1% |
| Thaco Mazda | 1,931 | 7.7% | 1,862 | 7.9% | 3.7% | 19,455 | 9.6% | 13,297 | 8.8% | 46.3% |
| Thaco Truck | 1,757 | 7.0% | 1,925 | 8.2% | -8.7% | 11,847 | 5.9% | 12,340 | 8.2% | -4.0% |
| Honda | 1,702 | 6.8% | 1,550 | 6.6% | 9.8% | 20,191 | 10.0% | 11,684 | 7.8% | 72.8% |
| Suzuki | 1,246 | 5.0% | 1,432 | 6.1% | -13.0% | 9,171 | 4.5% | 6,773 | 4.5% | 35.4% |
| Peugeot | 698 | 2.8% | 510 | 2.2% | 36.9% | 6,594 | 3.3% | 3,405 | 2.3% | 93.7% |
| Isuzu* | 619 | 2.5% | 791 | 3.4% | -21.7% | 5,301 | 2.6% | 4,488 | 3.0% | 18.1% |
| Hino* | 606 | 2.4% | 430 | 1.8% | 40.9% | 2,862 | 1.4% | 2,444 | 1.6% | 17.1% |
| Lexus | 143 | 0.6% | 126 | 0.5% | 13.5% | 901 | 0.4% | 618 | 0.4% | 45.8% |
| Dothanh | 115 | 0.5% | 154 | 0.7% | -25.3% | 1,016 | 0.5% | 1,463 | 1.0% | -30.6% |
| Bus Thaco | 83 | 0.3% | 25 | 0.1% | 232.0% | 372 | 0.2% | 351 | 0.2% | 6.0% |
| Thaco BMW | 80 | 0.3% | 77 | 0.3% | 3.9% | 727 | 0.4% | 736 | 0.5% | -1.2% |
| VEAM | 51 | 0.2% | 75 | 0.3% | -32.0% | 347 | 0.2% | 294 | 0.2% | 18.0% |
| Vinamotor* | 15 | 0.1% | 58 | 0.2% | -74.1% | 183 | 0.1% | 355 | 0.2% | -48.5% |
| Daewoo Bus | 5 | 0.0% | 13 | 0.1% | -61.5% | 15 | 0.0% | 73 | 0.0% | -79.5% |
| SAMCO | 3 | 0.0% | 8 | 0.0% | -62.5% | 102 | 0.1% | 147 | 0.1% | -30.6% |
| VAMA Total | 22,067 | 87.7% | 20,562 | 87.2% | 7.3% | 185,467 | 91.9% | 135,606 | 90.1% | 36.8% |
| Total (Incl. non-VAMA member import) |
25,159 | 100.0% | 23,587 | 100.0% | 6.7% | 201,840 | 100.0% | 150,481 | 100.0% | 34.1% |
* exclude bus chassis
Flash report, May 2022
Jun 14, 2022
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
Auto sales in Vietnam up 71.3% in May
According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on June 13, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were up 71.3% year on year 43,816 units in May. CKD volume was 25,580 units and CBU volume was 18,236 units.
VAMA members (20 manufactures) sales in May were up 78.2% y/y to 39,469 units.
VAMA members passenger car sales were up 100.2%, commercial vehicles were up 14.7%, and special purpose vehicles were up 19.9%.
By brand sales in May based on MarkLines Data Center figures, Toyota (excluding Lexus) was up 105.9% y/y to 10,579 units and a 24.1% market share. Thaco Kia was up 142.2% to 8,079 units and a 18.4% market share. Thaco Mazda was up 81.2% to 4,396 units and a 10.0% market share. Mitsubishi was up 21.0% to 3,279 units and a 7.5% market share. Honda was up 123.8% to 3,184 units and an 7.3% market share. Ford was up 44.7% to 2,410 units and a 5.5% market share. Thaco Truck was down 10.8% to 1,890 units and a 4.3% market share.
Cumulative sales for the first five months of the year rose 39.2% y/y to 176,681 units. Of the total, sales of CKD cars increased 47% y/y to 105,022 units, and those of CBU imported cars increased 29% y/y to 71,659 units.
Sales volume by type of VAMA members *
| May 2022 | May 2021 | Y-o-Y | Jan. -May 2022 | Jan. -May 2021 | Y-o-Y | |
|---|---|---|---|---|---|---|
| Passenger Cars | 32,873 | 16,418 | 100.2% | 133,069 | 84,788 | 56.9% |
| Commercial Vehicles | 6,174 | 5,381 | 14.7% | 28,268 | 28,726 | -1.6% |
| SPV | 422 | 352 | 19.9% | 2,063 | 1,530 | 34.8% |
| VAMA Total | 39,469 | 22,151 | 78.2% | 163,400 | 115,044 | 42.0% |
| Total (Incl. non-VAMA member import) |
43,816 | 25,585 | 71.3% | 176,681 | 126,894 | 39.2% |
* exclude bus chassis
Vietnam - Sales of locally assembled vehicles
| Make | May 2022 | Share | May 2021 | Share | Y-o-Y | Jan. -May 2022 | Share | Jan. -May 2021 | Share | Y-o-Y |
|---|---|---|---|---|---|---|---|---|---|---|
| Toyota | 10,579 | 24.1% | 5,138 | 20.1% | 105.9% | 37,906 | 21.5% | 24,112 | 19.0% | 57.2% |
| Thaco Kia | 8,079 | 18.4% | 3,336 | 13.0% | 142.2% | 31,968 | 18.1% | 18,266 | 14.4% | 75.0% |
| Thaco Mazda | 4,396 | 10.0% | 2,426 | 9.5% | 81.2% | 17,524 | 9.9% | 11,435 | 9.0% | 53.2% |
| Mitsubishi | 3,279 | 7.5% | 2,709 | 10.6% | 21.0% | 15,833 | 9.0% | 13,090 | 10.3% | 21.0% |
| Honda | 3,184 | 7.3% | 1,423 | 5.6% | 123.8% | 18,489 | 10.5% | 10,134 | 8.0% | 82.4% |
| Ford | 2,410 | 5.5% | 1,666 | 6.5% | 44.7% | 7,663 | 4.3% | 10,144 | 8.0% | -24.5% |
| Thaco Truck | 1,890 | 4.3% | 2,120 | 8.3% | -10.8% | 10,090 | 5.7% | 10,415 | 8.2% | -3.1% |
| Suzuki | 1,796 | 4.1% | 1,017 | 4.0% | 76.6% | 7,925 | 4.5% | 5,341 | 4.2% | 48.4% |
| Peugeot | 1,627 | 3.7% | 612 | 2.4% | 165.8% | 5,896 | 3.3% | 2,895 | 2.3% | 103.7% |
| Isuzu* | 987 | 2.3% | 631 | 2.5% | 56.4% | 4,682 | 2.6% | 3,697 | 2.9% | 26.6% |
| Hino* | 572 | 1.3% | 448 | 1.8% | 27.7% | 2,256 | 1.3% | 2,014 | 1.6% | 12.0% |
| Dothanh | 182 | 0.4% | 262 | 1.0% | -30.5% | 901 | 0.5% | 1,309 | 1.0% | -31.2% |
| Lexus | 133 | 0.3% | 109 | 0.4% | 22.0% | 758 | 0.4% | 492 | 0.4% | 54.1% |
| Bus Thaco | 122 | 0.3% | 35 | 0.1% | 248.6% | 289 | 0.2% | 326 | 0.3% | -11.3% |
| Thaco BMW | 105 | 0.2% | 78 | 0.3% | 34.6% | 647 | 0.4% | 659 | 0.5% | -1.8% |
| VEAM | 57 | 0.1% | 58 | 0.2% | -1.7% | 296 | 0.2% | 219 | 0.2% | 35.2% |
| Vinamotor* | 42 | 0.1% | 70 | 0.3% | -40.0% | 168 | 0.1% | 297 | 0.2% | -43.4% |
| SAMCO | 26 | 0.1% | 11 | 0.0% | 136.4% | 99 | 0.1% | 139 | 0.1% | -28.8% |
| Daewoo Bus | 3 | 0.0% | 2 | 0.0% | 50.0% | 10 | 0.0% | 60 | 0.0% | -83.3% |
| VAMA Total | 39,469 | 90.1% | 22,151 | 86.6% | 78.2% | 163,400 | 92.5% | 115,044 | 90.7% | 42.0% |
| Total (Incl. non-VAMA member import) |
43,816 | 100.0% | 25,585 | 100.0% | 71.3% | 176,681 | 100.0% | 126,894 | 100.0% | 39.2% |
* exclude bus chassis
Flash report, April 2022
May 12, 2022
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
Auto sales in Vietnam up 40.9% in April
According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on May 12, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were up 40.9% year on year to 42,359 units in April. CKD volume was to 25,269 units and CBU volume was to 17,090 units.
VAMA members (20 manufactures) sales in April were up 44.4% y/y to 38,134 units.
VAMA members passenger car sales were up 67.6%, commercial vehicles were down 15.6%, and special purpose vehicles were up 5.6%.
By brand sales in April based on MarkLines Data Center figures, Toyota (excluding Lexus) was up 55.3% y/y to 8,694 units and a 20.5% market share. Thaco Kia was up 68.5% to 7,094 units and a 16.7% market share. Honda was up 216.2% to 6,100 units and an 14.4% market share. Thaco Mazda was up 60.0% to 4,055 units and a 9.6% market share. Mitsubishi was up 10.6% to 3,616 units and a 8.5% market share. Thaco Truck was down 16.7% to 2,270 units and a 5.4%market share. Ford was down 24.6% to 1,933 units and a 4.6% market share.
Cumulative sales for the first four months of the year rose 31.1% y/y to 132,865 units. Of the total, sales of CKD cars increased 38% y/y to 79,442 units, and those of CBU imported cars increased 22% y/y to 53,423 units.
| Apr. 2022 | Apr. 2021 | Y-o-Y | Jan. -Apr. 2022 | Jan. -Apr. 2021 | Y-o-Y | |
|---|---|---|---|---|---|---|
| Passenger Cars | 31,739 | 18,941 | 67.6% | 100,196 | 68,370 | 46.5% |
| Commercial Vehicles | 5,921 | 7,019 | -15.6% | 22,094 | 23,345 | -5.4% |
| SPV | 474 | 449 | 5.6% | 1,641 | 1,178 | 39.3% |
| VAMA Total | 38,134 | 26,409 | 44.4% | 123,931 | 92,893 | 33.4% |
| Total (Incl. non-VAMA member import) |
42,359 | 30,065 | 40.9% | 132,865 | 101,309 | 31.1% |
* exclude bus chassis
Vietnam - Sales of locally assembled vehicles
| Make | Apr. 2022 | Share | Apr. 2021 | Share | Y-o-Y | Jan. -Apr. 2022 | Share | Jan. -Apr. 2021 | Share | Y-o-Y |
|---|---|---|---|---|---|---|---|---|---|---|
| Toyota | 8,694 | 20.5% | 5,598 | 18.6% | 55.3% | 27,327 | 20.6% | 18,974 | 18.7% | 44.0% |
| Thaco Kia | 7,094 | 16.7% | 4,211 | 14.0% | 68.5% | 23,889 | 18.0% | 14,930 | 14.7% | 60.0% |
| Honda | 6,100 | 14.4% | 1,929 | 6.4% | 216.2% | 15,305 | 11.5% | 8,711 | 8.6% | 75.7% |
| Thaco Mazda | 4,055 | 9.6% | 2,534 | 8.4% | 60.0% | 13,128 | 9.9% | 9,009 | 8.9% | 45.7% |
| Mitsubishi | 3,616 | 8.5% | 3,268 | 10.9% | 10.6% | 12,554 | 9.4% | 10,381 | 10.2% | 20.9% |
| Thaco Truck | 2,270 | 5.4% | 2,725 | 9.1% | -16.7% | 8,200 | 6.2% | 8,295 | 8.2% | -1.1% |
| Ford | 1,933 | 4.6% | 2,564 | 8.5% | -24.6% | 5,253 | 4.0% | 8,478 | 8.4% | -38.0% |
| Suzuki | 1,111 | 2.6% | 406 | 1.4% | 173.6% | 6,129 | 4.6% | 4,324 | 4.3% | 41.7% |
| Peugeot | 1,085 | 2.6% | 743 | 2.5% | 46.0% | 4,269 | 3.2% | 2,283 | 2.3% | 87.0% |
| Isuzu* | 980 | 2.3% | 1,264 | 4.2% | -22.5% | 3,695 | 2.8% | 3,066 | 3.0% | 20.5% |
| Hino* | 411 | 1.0% | 449 | 1.5% | -8.5% | 1,684 | 1.3% | 1,566 | 1.5% | 7.5% |
| Dothanh | 235 | 0.6% | 232 | 0.8% | 1.3% | 719 | 0.5% | 1,047 | 1.0% | -31.3% |
| Lexus | 231 | 0.5% | 103 | 0.3% | 124.3% | 625 | 0.5% | 383 | 0.4% | 63.2% |
| Thaco BMW | 118 | 0.3% | 122 | 0.4% | -3.3% | 542 | 0.4% | 581 | 0.6% | -6.7% |
| VEAM | 86 | 0.2% | 58 | 0.2% | 48.3% | 239 | 0.2% | 161 | 0.2% | 48.4% |
| Bus Thaco | 65 | 0.2% | 85 | 0.3% | -23.5% | 167 | 0.1% | 291 | 0.3% | -42.6% |
| Vinamotor* | 35 | 0.1% | 95 | 0.3% | -63.2% | 126 | 0.1% | 227 | 0.2% | -44.5% |
| SAMCO | 15 | 0.0% | 18 | 0.1% | -16.7% | 73 | 0.1% | 128 | 0.1% | -43.0% |
| Daewoo Bus | - | -% | 5 | 0.0% | -% | 7 | 0.0% | 58 | 0.1% | -87.9% |
| VAMA Total | 38,134 | 90.0% | 26,409 | 87.8% | 44.4% | 123,931 | 93.3% | 92,893 | 91.7% | 33.4% |
| Total (Incl. non-VAMA member import) |
42,359 | 100.0% | 30,065 | 100.0% | 40.9% | 132,865 | 100.0% | 101,309 | 100.0% | 31.1% |
* exclude bus chassis
Flash report, March 2022
Apr 13, 2022
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
Auto sales in Vietnam up 19.5% in March
According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on April 13, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were up 19.5% year on year to 36,962 units in March. CKD volume was to 21,863 units and CBU volume was to 15,099 units.
VAMA members (20 manufactures) sales in March were up 19.4% y/y to 35,021 units.
VAMA members passenger car sales were up 33.2%, commercial vehicles were down 14.9%, and special purpose vehicles were up 49.3%.
By brand sales in March based on MarkLines Data Center figures, Toyota (excluding Lexus) was up 22.2% y/y to 7,977 units and a 21.6% market share. Thaco Kia was up 66.6% to 6,238 units and a 16.9% market share. Mitsubishi was up 46.5% to 3,675 units and a 9.9% market share. Honda was up 45.0% to 3,604 units and an 9.8% market share. Thaco Mazda was up 27.6% to 3,326 units and a 9.0% market share. Thaco Truck was down 13.1% to 2,455 units and a 6.6% market share. Suzuki was down 0.8% to 2,413 units and a 6.5% market share.
Cumulative sales for the first three months of the year rose 27.0% y/y to 90,506 units. Of the total, sales of CKD cars increased 34.4% y/y to 54,173 units, and those of CBU imported cars increased 17.5% y/y to 36,333 units.
| Mar. 2022 | Mar. 2021 | Y-o-Y | Jan. -Mar. 2022 | Jan. -Mar. 2021 | Y-o-Y | |
|---|---|---|---|---|---|---|
| Passenger Cars | 27,140 | 20,382 | 33.2% | 68,457 | 49,429 | 38.5% |
| Commercial Vehicles | 7,257 | 8,529 | -14.9% | 16,173 | 16,326 | -0.9% |
| SPV | 624 | 418 | 49.3% | 1,167 | 729 | 60.1% |
| VAMA Total | 35,021 | 29,329 | 19.4% | 85,797 | 66,484 | 29.0% |
| Total (Incl. non-VAMA member import) |
36,962 | 30,935 | 19.5% | 90,506 | 71,244 | 27.0% |
* exclude bus chassis
Vietnam - Sales of locally assembled vehicles
| Make | Mar. 2022 | Share | Mar. 2021 | Share | Y-o-Y | Jan. -Mar. 2022 | Share | Jan. -Mar. 2021 | Share | Y-o-Y |
|---|---|---|---|---|---|---|---|---|---|---|
| Toyota | 7,977 | 21.6% | 6,528 | 21.1% | 22.2% | 18,633 | 20.6% | 13,376 | 18.8% | 39.3% |
| Thaco Kia | 6,238 | 16.9% | 3,745 | 12.1% | 66.6% | 16,795 | 18.6% | 10,719 | 15.0% | 56.7% |
| Mitsubishi | 3,675 | 9.9% | 2,508 | 8.1% | 46.5% | 8,938 | 9.9% | 7,113 | 10.0% | 25.7% |
| Honda | 3,604 | 9.8% | 2,486 | 8.0% | 45.0% | 9,205 | 10.2% | 6,782 | 9.5% | 35.7% |
| Thaco Mazda | 3,326 | 9.0% | 2,606 | 8.4% | 27.6% | 9,073 | 10.0% | 6,475 | 9.1% | 40.1% |
| Thaco Truck | 2,455 | 6.6% | 2,825 | 9.1% | -13.1% | 5,930 | 6.6% | 5,570 | 7.8% | 6.5% |
| Suzuki | 2,413 | 6.5% | 2,433 | 7.9% | -0.8% | 5,018 | 5.5% | 3,918 | 5.5% | 28.1% |
| Ford | 1,763 | 4.8% | 3,228 | 10.4% | -45.4% | 3,320 | 3.7% | 5,914 | 8.3% | -43.9% |
| Isuzu* | 1,367 | 3.7% | 1,055 | 3.4% | 29.6% | 2,715 | 3.0% | 1,802 | 2.5% | 50.7% |
| Peugeot | 1,121 | 3.0% | 647 | 2.1% | 73.3% | 3,184 | 3.5% | 1,540 | 2.2% | 106.8% |
| Hino* | 503 | 1.4% | 469 | 1.5% | 7.2% | 1,273 | 1.4% | 1,117 | 1.6% | 14.0% |
| Dothanh | 176 | 0.5% | 292 | 0.9% | -39.7% | 484 | 0.5% | 815 | 1.1% | -40.6% |
| Thaco BMW | 120 | 0.3% | 127 | 0.4% | -5.5% | 424 | 0.5% | 459 | 0.6% | -7.6% |
| Lexus | 120 | 0.3% | 152 | 0.5% | -21.1% | 394 | 0.4% | 280 | 0.4% | 40.7% |
| VEAM | 74 | 0.2% | 57 | 0.2% | 29.8% | 153 | 0.2% | 103 | 0.1% | 48.5% |
| Bus Thaco | 35 | 0.1% | 55 | 0.2% | -36.4% | 102 | 0.1% | 206 | 0.3% | -50.5% |
| Vinamotor* | 34 | 0.1% | 68 | 0.2% | -50.0% | 91 | 0.1% | 132 | 0.2% | -31.1% |
| SAMCO | 20 | 0.1% | 45 | 0.1% | -55.6% | 58 | 0.1% | 110 | 0.2% | -47.3% |
| Daewoo Bus | - | -% | 3 | 0.0% | -% | 7 | 0.0% | 53 | 0.1% | -86.8% |
| VAMA Total | 35,021 | 94.7% | 29,329 | 94.8% | 19.4% | 85,797 | 94.8% | 66,484 | 93.3% | 29.0% |
| Total (Incl. non-VAMA member import) |
36,962 | 100.0% | 30,935 | 100.0% | 19.5% | 90,506 | 100.0% | 71,244 | 100.0% | 27.0% |
* exclude bus chassis
Flash report, February 2022
Mar 10, 2022
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on March 10, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were up 67.8% year on year to 22,802 units in February. CKD volume was 14,528 units and CBU volume was 8,274 units.
VAMA members (20 manufactures) sales in February were up 63.1% y/y to 21,100 units.
VAMA members passenger car sales were up 78.2%, commercial vehicles were up 15.3%, and special purpose vehicles were up 199.3%.
By brand sales in February based on MarkLines Data Center figures, Thaco Kia was up 105.5% y/y to 5,112 units and a 22.4% market share. Toyota (excluding Lexus) was up 77.9% to 4,288 units and a 18.8% market share. Thaco Mazda was up 71.4% to 2,468 units and a 10.8% market share. Thaco Truck was up 81.6% to 2,225 units and a 9.8% market share. Honda was up 42.9% to 1,830 units and an 8.0% market share. Mitsubishi was up 80.7% to 1,682 units and a 7.4% market share. Peugeot was up 76.0% to 889 units and a 3.9% market share.
Cumulative sales for the first two months of the year rose 33.8% y/y to 53,544 units. Of the total, sales of CKD cars increased 41% y/y to 32,310 units, and those of CBU imported cars increased 25% y/y to 21,234 units.
Sales volume by type of VAMA members *
| Feb. 2022 | Feb. 2021 | Y-o-Y | Jan. -Feb. 2022 | Jan. -Feb. 2021 | Y-o-Y | |
|---|---|---|---|---|---|---|
| Passenger Cars | 16,807 | 9,432 | 78.2% | 41,317 | 29,047 | 42.2% |
| Commercial Vehicles | 3,889 | 3,372 | 15.3% | 8,916 | 7,797 | 14.4% |
| SPV | 404 | 135 | 199.3% | 543 | 311 | 74.6% |
| VAMA Total | 21,100 | 12,939 | 63.1% | 50,776 | 37,155 | 36.7% |
| Total (Incl. non-VAMA member import) |
22,802 | 13,585 | 67.8% | 53,544 | 40,017 | 33.8% |
* exclude bus chassis
Vietnam - Sales of locally assembled vehicles
| Make | Feb. 2022 | Share | Feb. 2021 | Share | Y-o-Y | Jan. -Feb. 2022 | Share | Jan. -Feb. 2021 | Share | Y-o-Y |
|---|---|---|---|---|---|---|---|---|---|---|
| Thaco Kia | 5,112 | 22.4% | 2,488 | 18.3% | 105.5% | 10,557 | 19.7% | 6,974 | 17.4% | 51.4% |
| Toyota | 4,288 | 18.8% | 2,411 | 17.7% | 77.9% | 10,656 | 19.9% | 6,848 | 17.1% | 55.6% |
| Thaco Mazda | 2,468 | 10.8% | 1,440 | 10.6% | 71.4% | 5,747 | 10.7% | 3,869 | 9.7% | 48.5% |
| Thaco Truck | 2,225 | 9.8% | 1,225 | 9.0% | 81.6% | 3,475 | 6.5% | 2,745 | 6.9% | 26.6% |
| Honda | 1,830 | 8.0% | 1,281 | 9.4% | 42.9% | 5,601 | 10.5% | 4,296 | 10.7% | 30.4% |
| Mitsubishi | 1,682 | 7.4% | 931 | 6.9% | 80.7% | 5,263 | 9.8% | 4,605 | 11.5% | 14.3% |
| Peugeot | 889 | 3.9% | 505 | 3.7% | 76.0% | 2,063 | 3.9% | 893 | 2.2% | 131.0% |
| Suzuki | 817 | 3.6% | 527 | 3.9% | 55.0% | 2,605 | 4.9% | 1,485 | 3.7% | 75.4% |
| Isuzu* | 544 | 2.4% | 335 | 2.5% | 62.4% | 1,348 | 2.5% | 747 | 1.9% | 80.5% |
| Ford | 534 | 2.3% | 1,094 | 8.1% | -51.2% | 1,557 | 2.9% | 2,686 | 6.7% | -42.0% |
| Hino* | 316 | 1.4% | 257 | 1.9% | 23.0% | 770 | 1.4% | 648 | 1.6% | 18.8% |
| Dothanh | 118 | 0.5% | 232 | 1.7% | -49.1% | 308 | 0.6% | 523 | 1.3% | -41.1% |
| Thaco BMW | 101 | 0.4% | 75 | 0.6% | 34.7% | 304 | 0.6% | 332 | 0.8% | -8.4% |
| Lexus | 60 | 0.3% | 40 | 0.3% | 50.0% | 274 | 0.5% | 128 | 0.3% | 114.1% |
| VEAM | 44 | 0.2% | 26 | 0.2% | 69.2% | 79 | 0.1% | 46 | 0.1% | 71.7% |
| Bus Thaco | 42 | 0.2% | 36 | 0.3% | 16.7% | 67 | 0.1% | 151 | 0.4% | -55.6% |
| Vinamotor* | 22 | 0.1% | 24 | 0.2% | -8.3% | 57 | 0.1% | 64 | 0.2% | -10.9% |
| Daewoo Bus | 7 | 0.0% | 9 | 0.1% | -22.2% | 7 | 0.0% | 50 | 0.1% | -86.0% |
| SAMCO | 1 | 0.0% | 3 | 0.0% | -66.7% | 38 | 0.1% | 65 | 0.2% | -41.5% |
| VAMA Total | 21,100 | 92.5% | 12,939 | 95.2% | 63.1% | 50,776 | 94.8% | 37,155 | 92.8% | 36.7% |
| Total (Incl. non-VAMA member import) |
22,802 | 100.0% | 13,585 | 100.0% | 67.8% | 53,544 | 100.0% | 40,017 | 100.0% | 33.8% |
* exclude bus chassis
Flash report, January 2022
Feb 15, 2022
*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.
Auto sales in Vietnam up 16.3% in January
According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on February 15, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were up 16.3% year on year to 30,742 units in January.
CKD volume was 17,782 units and CBU volume was 12,960 units.
VAMA members (20 manufactures) sales in January were up 22.5% y/y to 29,676 units.
VAMA members passenger car sales were up 25.0%, commercial vehicles were up 13.6%, and special purpose vehicles were down 21.0%.
By brand sales in January based on MarkLines Data Center figures, Toyota (excluding Lexus) was up 43.5% y/y to 6,368 units and a 20.7% market share. Thaco Kia was up 21.4% to 5,445 units and a 17.7% market share. Honda was up 25.1% to 3,771 units and a 12.3% market share. Mitsubishi was down 2.5% to 3,581 units and a 11.6% market share. Thaco Mazda was up 35.0% to 3,279 units and a 10.7% market share. Suzuki was up 86.6% to 1,788 units and a 5.8% market share. Thaco Truck was down 17.8% to 1,250 units and a 4.1% market share.
Sales volume by type of VAMA members *
| Jan. 2022 | Jan. 2021 | Y-o-Y | |
|---|---|---|---|
| Passenger Cars | 24,510 | 19,615 | 25.0% |
| Commercial Vehicles | 5,027 | 4,425 | 13.6% |
| SPV | 139 | 176 | -21.0% |
| VAMA Total | 29,676 | 24,216 | 22.5% |
| Total (Incl. non-VAMA member import) |
30,742 | 26,432 | 16.3% |
* exclude bus chassis
Vietnam - Sales of locally assembled vehicles
| Make | Jan. 2022 | Share | Jan. 2021 | Share | Y-o-Y |
|---|---|---|---|---|---|
| Toyota | 6,368 | 20.7% | 4,437 | 16.8% | 43.5% |
| Thaco Kia | 5,445 | 17.7% | 4,486 | 17.0% | 21.4% |
| Honda | 3,771 | 12.3% | 3,015 | 11.4% | 25.1% |
| Mitsubishi | 3,581 | 11.6% | 3,674 | 13.9% | -2.5% |
| Thaco Mazda | 3,279 | 10.7% | 2,429 | 9.2% | 35.0% |
| Suzuki | 1,788 | 5.8% | 958 | 3.6% | 86.6% |
| Thaco Truck | 1,250 | 4.1% | 1,520 | 5.8% | -17.8% |
| Peugeot | 1,174 | 3.8% | 388 | 1.5% | 202.6% |
| Ford | 1,023 | 3.3% | 1,592 | 6.0% | -35.7% |
| Isuzu* | 804 | 2.6% | 412 | 1.6% | 95.1% |
| Hino* | 454 | 1.5% | 391 | 1.5% | 16.1% |
| Lexus | 214 | 0.7% | 88 | 0.3% | 143.2% |
| Thaco BMW | 203 | 0.7% | 257 | 1.0% | -21.0% |
| Dothanh | 190 | 0.6% | 291 | 1.1% | -34.7% |
| SAMCO | 37 | 0.1% | 62 | 0.2% | -40.3% |
| Vinamotor* | 35 | 0.1% | 40 | 0.2% | -12.5% |
| VEAM | 35 | 0.1% | 20 | 0.1% | 75.0% |
| Bus Thaco | 25 | 0.1% | 115 | 0.4% | -78.3% |
| Daewoo Bus | - | -% | 41 | 0.2% | -% |
| VAMA Total | 29,676 | 96.5% | 24,216 | 91.6% | 22.5% |
| Total (Incl. non-VAMA member import) |
30,742 | 100.0% | 26,432 | 100.0% | 16.3% |
* exclude bus chassis