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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.


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Flash report, Automotive sales volume, 2026

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

Flash report, January 2026

Feb 12, 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 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%
Source: VAMA(Vietnam Automobile Manufacturers' Association)
* exclude bus chassis

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