According to sales data released by the Vietnam Automobile Manufacturers Association (VAMA) and TC Motor, vehicle sales in the first half of 2024 saw only a slight increase compared to the same period last year. This stagnant growth can be attributed to the lingering effects of the economic downturn and the absence of government policies reducing the registration fee by 50% for domestically produced and assembled vehicles.
However, contrary to predictions, most of the models in the top 10 best-selling vehicles in Vietnam for the first half of 2024 witnessed a decline in sales.
Top 10 best-selling cars in Vietnam for the first half of 2024.
Mitsubishi Xpander and Ford Ranger retained their top spots, ranking first and second, respectively. Their cumulative sales for the first six months of 2024 reached 7,773 and 7,743 units, with Xpander experiencing a slight dip of 2.6% compared to the previous year, while Ranger sales increased by 1.9%.
Mazda CX-5 climbed to third place, despite a 2.8% sales drop, pushing Hyundai Accent to fourth place. The Korean sedan saw a significant sales decline of 33% but maintained its dominance in the B-segment sedan category.
Toyota Vios and Honda City, both veterans on the list, secured the sixth and tenth positions, respectively. Toyota Vios sales decreased by 22.3%, while Honda City’s sales plummeted by 36%.
Ford Everest claimed the fifth spot, enhancing the brand’s visibility in the market. Its cumulative sales in the first half of 2024 showed a modest increase of 31 units compared to the same period last year.
Mitsubishi Xforce, a newcomer to the market since March 2024, quickly gained traction and secured the seventh position. Following closely is the Toyota Yaris Cross, with a total of 3,750 units sold. The Japanese automaker’s decision to reduce the price by 73-80 million VND for different versions boosted its sales performance.
Rounding out the top 10 best-selling vehicles in Vietnam for the first half of 2024 is the Kia Sonet, which maintained its leading position in the urban A-segment SUV category, despite a sales decline of nearly 23% compared to the previous period.
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