Vietnam - New car sales in 2026 by OEM, vehicle type

*The numbers shown are the units at the time of the announcement, and may differ if revisions are later made to past data.

Sales data by OEM/model in Vietnam

2021 2022 2023 2024 2025 2026

Flash report, Automotive sales volume, 2026

Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec.

Flash report, March 2026

Apr 13, 2026

Auto sales in Vietnam up 21.9% in March
According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on April 10, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were up 21.9% year-over-year to 38,704 units in March. CKD volume was 15,693 units and CBU volume was 23,011 units.
VAMA members (20 manufacturers) sales in March were up 20.2% y/y to 31,351 units. VAMA members passenger car sales were up 9.9%, commercial vehicles were up 19.0% and special purpose vehicles were down 98.9%, and hybrid vehicles were up 248.4% to 3,143 units.
By brand sales in March based on MarkLines Data Center figures, Toyota (excluding Lexus) was up 51.6% y/y to 8,143 units with 21% market share. Mitsubishi was up 15.3% to 5,086 units with 13.1% market share. Ford was up 6.2% to 4,538 units with 11.7% market share. Thaco Kia was up 22.7% to 2,849 units with 7.4% market share. Thaco Mazda was up 19.7% to 2,796 units with 7.2% market share. Thaco Truck was up 21.2% to 2,761 units with 7.1% market share. Honda was down 24.9% to 1,839 units with 4.8% market share.
Cumulative sales for the three months of the year were up 31.3% y/y to 94,857 units.
The strong rebound in March indicates that Vietnam’s auto market is regaining momentum after the seasonal slowdown during the Lunar New Year.

Sales volume by type of VAMA members *

	Mar. 2026	Mar. 2025	Y-o-Y	Jan. -Mar. 2026	Jan. -Mar. 2025	Y-o-Y
Passenger Cars	19,867	18,075	9.9%	52,484	40,582	29.3%
Commercial Vehicles	8,340	7,008	19.0%	19,178	15,445	24.2%
SPV	1	94	-98.9%	2	347	-99.4%
BEV	0	0	-%	1	-	-%
Hybrid	3,143	902	248.4%	5,125	2,562	100.0%
VAMA Total	31,351	26,079	20.2%	76,790	58,936	30.3%
Total (Incl. non-VAMA member import)	38,704	31,750	21.9%	94,857	72,249	31.3%

Source: VAMA(Vietnam Automobile Manufacturers' Association)
* exclude bus chassis
*BEV, Hybrid (All segment)

Vietnam - Sales of locally assembled vehicles

Make	2026		2025		Y-o-Y	2026		2025		Y-o-Y
Make	Mar.	Share	Mar.	Share	Y-o-Y	Jan. -Mar.	Share	Jan. -Mar.	Share	Y-o-Y
Toyota	8,143	21.0%	5,370	16.9%	51.6%	16,885	17.8%	11,830	16.4%	42.7%
Mitsubishi	5,086	13.1%	4,412	13.9%	15.3%	11,909	12.6%	7,920	11.0%	50.4%
Ford	4,538	11.7%	4,272	13.5%	6.2%	12,132	12.8%	9,482	13.1%	27.9%
Thaco Kia	2,849	7.4%	2,322	7.3%	22.7%	8,076	8.5%	6,200	8.6%	30.3%
Thaco Mazda	2,796	7.2%	2,335	7.4%	19.7%	8,101	8.5%	6,341	8.8%	27.8%
Thaco Truck	2,761	7.1%	2,278	7.2%	21.2%	5,725	6.0%	4,908	6.8%	16.6%
Honda	1,839	4.8%	2,450	7.7%	-24.9%	5,603	5.9%	6,084	8.4%	-7.9%
Isuzu*	1,067	2.8%	905	2.9%	17.9%	2,523	2.7%	2,090	2.9%	20.7%
Suzuki	784	2.0%	612	1.9%	28.1%	2,152	2.3%	1,306	1.8%	64.8%
Hino*	423	1.1%	218	0.7%	94.0%	962	1.0%	426	0.6%	125.8%
Dothanh	273	0.7%	126	0.4%	116.7%	518	0.5%	354	0.5%	46.3%
Thaco BMW	235	0.6%	147	0.5%	59.9%	613	0.6%	415	0.6%	47.7%
Lexus	150	0.4%	85	0.3%	76.5%	402	0.4%	198	0.3%	103.0%
Bus Thaco	146	0.4%	222	0.7%	-34.2%	576	0.6%	539	0.7%	6.9%
Peugeot	103	0.3%	259	0.8%	-60.2%	392	0.4%	691	1.0%	-43.3%
Vinamotor*	102	0.3%	12	0.0%	750.0%	133	0.1%	41	0.1%	224.4%
SAMCO	45	0.1%	19	0.1%	136.8%	67	0.1%	38	0.1%	76.3%
Daewoo Bus	11	0.0%	35	0.1%	-68.6%	21	0.0%	73	0.1%	-71.2%
VAMA Total	31,351	81.0%	26,079	82.1%	20.2%	76,790	81.0%	58,936	81.6%	30.3%
Total (Incl. non-VAMA member import)	38,704	100.0%	31,750	100.0%	21.9%	94,857	100.0%	72,249	100.0%	31.3%

Source: VAMA(Vietnam Automobile Manufacturers' Association)
* exclude bus chassis

Flash report, February 2026

Mar 10, 2026

*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 10.8% in February
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 down 10.8% year-over-year to 19,278 units in February. CKD volume was 9,220 units and CBU volume was 10,058 units.
VAMA members (20 manufacturers) sales in February were down 8.8% y/y to 15,665 units. VAMA members passenger car sales were down 11.1%, commercial vehicles were down 9.5% and special purpose vehicles were down 99.3%, and hybrid vehicles were up 48.0% to 1,119 units. Battery electric vehicles were 1 unit.
By brand sales in February based on MarkLines Data Center figures, Toyota (excluding Lexus) was up 24.9% y/y to 3,890 units with a 20.2% market share. Ford was down 10.3% to 2,473 units with 12.8% market share. Thaco Mazda was down 9.4% to 1,790 units with a 9.3% market share. Mitsubishi was down 0.4% to 1,784 units with a 9.3% market share. Thaco Kia was down 14.4% to 1,740 units with a 9.0% market share. Thaco Truck was down 29.1% to 1,284 units with a 6.7% market share. Honda was down 41.8% to 1,052 units with a 5.5% market share.
Cumulative sales for the two months of the year were up 38.7% y/y to 56,153 units.
According to VAMA, although February sales declined due to the Lunar New Year holiday, the outlook for Vietnam’s automobile market this year remains positive. Economic recovery, rising mobility demand, and the introduction of numerous new models are expected to continue supporting growth in the automotive sector in the coming months.

Sales volume by type of VAMA members *

	Feb. 2026	Feb. 2025	Y-o-Y	Jan. -Feb. 2026	Jan. -Feb. 2025	Y-o-Y
Passenger Cars	10,177	11,450	-11.1%	32,617	22,507	44.9%
Commercial Vehicles	4,367	4,823	-9.5%	10,838	8,437	28.5%
SPV	1	152	-99.3%	1	253	-99.6%
BEV	1	0	-%	1	-	-%
Hybrid	1,119	756	48.0%	1,982	1,660	19.4%
VAMA Total	15,665	17,181	-8.8%	45,439	32,857	38.3%
Total (Incl. non-VAMA member import)	19,278	21,606	-10.8%	56,153	40,499	38.7%

Source: VAMA(Vietnam Automobile Manufacturers' Association)
* exclude bus chassis
*BEV, Hybrid (All segment)

Vietnam - Sales of locally assembled vehicles

Make	2026		2025		Y-o-Y	2026		2025		Y-o-Y
Make	Feb.	Share	Feb.	Share	Y-o-Y	Jan. -Feb.	Share	Jan. -Feb.	Share	Y-o-Y
Toyota	3,890	20.2%	3,114	14.4%	24.9%	8,742	15.6%	6,460	16.0%	35.3%
Ford	2,473	12.8%	2,758	12.8%	-10.3%	7,594	13.5%	5,210	12.9%	45.8%
Thaco Mazda	1,790	9.3%	1,975	9.1%	-9.4%	5,305	9.4%	4,006	9.9%	32.4%
Mitsubishi	1,784	9.3%	1,792	8.3%	-0.4%	6,823	12.2%	3,508	8.7%	94.5%
Thaco Kia	1,740	9.0%	2,032	9.4%	-14.4%	5,227	9.3%	3,878	9.6%	34.8%
Thaco Truck	1,284	6.7%	1,810	8.4%	-29.1%	2,964	5.3%	2,630	6.5%	12.7%
Honda	1,052	5.5%	1,808	8.4%	-41.8%	3,764	6.7%	3,634	9.0%	3.6%
Isuzu*	568	2.9%	638	3.0%	-11.0%	1,456	2.6%	1,185	2.9%	22.9%
Suzuki	414	2.1%	414	1.9%	0.0%	1,368	2.4%	694	1.7%	97.1%
Hino*	202	1.0%	115	0.5%	75.7%	539	1.0%	208	0.5%	159.1%
Thaco BMW	114	0.6%	152	0.7%	-25.0%	378	0.7%	268	0.7%	41.0%
Bus Thaco	109	0.6%	127	0.6%	-14.2%	430	0.8%	317	0.8%	35.6%
Peugeot	98	0.5%	239	1.1%	-59.0%	289	0.5%	432	1.1%	-33.1%
Dothanh	63	0.3%	134	0.6%	-53.0%	245	0.4%	228	0.6%	7.5%
Lexus	45	0.2%	42	0.2%	7.1%	252	0.4%	113	0.3%	123.0%
Vinamotor*	19	0.1%	7	0.0%	171.4%	31	0.1%	29	0.1%	6.9%
SAMCO	12	0.1%	2	0.0%	500.0%	22	0.0%	19	0.0%	15.8%
Daewoo Bus	8	0.0%	22	0.1%	-63.6%	10	0.0%	38	0.1%	-73.7%
VAMA Total	15,665	81.3%	17,181	79.5%	-8.8%	45,439	80.9%	32,857	81.1%	38.3%
Total (Incl. non-VAMA member import)	19,278	100.0%	21,606	100.0%	-10.8%	56,153	100.0%	40,499	100.0%	38.7%

Source: VAMA(Vietnam Automobile Manufacturers' Association)
* exclude bus chassis

Flash report, January 2026

Feb 12, 2026

Auto sales in Vietnam up 95.2% in January
According to the Vietnam Automobile Manufacturers Association (VAMA) report issued on February 11, automobile sales (including imported vehicles of non-VAMA manufactures' sales) in Vietnam were up 95.2% year-over-year to 36,875 units in January. CKD volume was 18,034 units and CBU volume was 18,841 units.
VAMA members (20 manufacturers) sales in January were up 89.9% y/y to 29,774 units. VAMA members passenger car sales were up 102.9%, commercial vehicles were up 79.1% and hybrid vehicles were down 4.5% to 863 units.
By brand sales in January based on MarkLines Data Center figures, Ford was up 108.8% y/y to 5,121 units with a 13.9% market share. Mitsubishi was up 193.6% to 5,039 units with a 13.7% market share. Toyota (excluding Lexus) was up 45.0% to 4,852 units with a 13.2% market share. Thaco Mazda was up 73.1% to 3,515 units with a 9.5% market share. Thaco Kia was up 88.9% to 3,487 units with a 9.5% market share. Honda was up 48.5% to 2,712 units with a 7.4% market share. Thaco Truck was up 104.9% to 1,680 units with a 4.6% market share.
According to industry experts, January 2025 saw sales volumes decline as consumers curbed spending during the second half of the month, which coincided with preparations for the Lunar New Year. The increase in sales volume in January 2026 indicates an improvement in market conditions, driven by stable consumer sentiment and a recovery in travel and logistics activity.

Sales volume by type of VAMA members *

	Jan. 2025	Jan. 2024	Y-o-Y
Passenger Cars	22,440	11,057	102.9%
Commercial Vehicles	6,471	3,614	79.1%
SPV	0	101	-100.0%
Hybrid	863	904	-4.5%
VAMA Total	29,774	15,676	89.9%
Total (Incl. non-VAMA member import)	36,875	18,893	95.2%

Source: VAMA(Vietnam Automobile Manufacturers' Association)
* exclude bus chassis
*BEV, Hybrid (All segment)

Vietnam - Sales of locally assembled vehicles

Make	Jan. 2026	Share	Jan. 2025	Share	Y-o-Y
Ford	5,121	13.9%	2,452	13.0%	108.8%
Mitsubishi	5,039	13.7%	1,716	9.1%	193.6%
Toyota	4,852	13.2%	3,346	17.7%	45.0%
Thaco Mazda	3,515	9.5%	2,031	10.8%	73.1%
Thaco Kia	3,487	9.5%	1,846	9.8%	88.9%
Honda	2,712	7.4%	1,826	9.7%	48.5%
Thaco Truck	1,680	4.6%	820	4.3%	104.9%
Visuco (Suzuki)	954	2.6%	280	1.5%	240.7%
Isuzu*	888	2.4%	547	2.9%	62.3%
Hino*	337	0.9%	93	0.5%	262.4%
Bus Thaco	321	0.9%	190	1.0%	68.9%
Thaco Premium BMW+Mini	264	0.7%	116	0.6%	127.6%
lexus	207	0.6%	71	0.4%	191.5%
Peugeot	191	0.5%	193	1.0%	-1.0%
Dothanh	182	0.5%	94	0.5%	93.6%
Vinamotor*	12	0.0%	22	0.1%	-45.5%
SAMCO	10	0.0%	17	0.1%	-41.2%
Daewoo Bus	2	0.0%	16	0.1%	-87.5%
VAMA Total	29,774	80.7%	15,676	83.0%	89.9%
Total (Incl. non-VAMA member import)	36,875	100.0%	18,893	100.0%	95.2%