The Hyundai Accent’s Modest July 2024 Growth Trails Toyota Vios by a Significant Margin

In July 2024, the Hyundai Accent cemented its position as the best-selling model for the Korean brand.

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On August 12, 2024, the Thanh Cong Group (TC Group) announced the Hyundai car sales results for July 2024. Accordingly, the total sales of Hyundai cars in July reached 5,329 units, a growth of 5.6% compared to June.

Similar to previous months, the best-selling Hyundai model in July 2024 was still the Accent. This B-segment sedan sold 985 units, a growth of 1.7%, but it lost the “segment king” position to the Toyota Vios. In fact, Hyundai Accent’s sales were only about half of its Japanese rival.

Ranking second was the Hyundai Creta with 686 units sold, maintaining the same sales performance as the previous month. Meanwhile, the Hyundai Stargazer climbed to third place with sales of 618 units, a growth of 14%.

Next was the Hyundai Tucson with sales down 5.2% to 525 units. Closely following the Tucson was the Hyundai Santa Fe with 511 units sold, a decrease of 10.8%.

The Hyundai Grand i10 saw a threefold increase in sales, reaching 400 units. With this performance, the Grand i10 ranked sixth in the Hyundai family.

Like the two fellow SUVs of the same brand, Tucson and Santa Fe, the Hyundai Venue also experienced a sales decline in July 2024. The sales of this A-segment SUV reached 290 units, a decrease of 15.2%, ranking seventh.

Ranking eighth was the Hyundai Custin with 175 units sold, a growth of 12.2%. Meanwhile, the Hyundai Elantra achieved sales of 137 units, an increase of 34.4%. Finally, the Hyundai Palisade closed the list with sales up 31.2% to 105 units.

Specifically for Hyundai commercial vehicles, the sales reached 897 units, a slight decrease compared to June 2024. Among them, there were 10 Hyundai Solati units exported to foreign markets.

Model CKD/CBU July 2024 June 2024 Growth Rate Year-to-Date 2024
Hyundai Accent CKD 985 968 +1.7% 5,973
Hyundai Creta 686 686 3,500
Hyundai Stargazer CBU 618 542 +14% 1,734
Hyundai Tucson CKD 525 554 -5.2% 2,609
Hyundai Santa Fe 511 573 -10.8% 2,630
Hyundai Grand i10 400 132 +203% 2,421
Hyundai Venue 290 342 -15.2% 1,805
Hyundai Custin 175 156 +12.2% 1,429
Hyundai Elantra 137 102 +34.4% 948
Hyundai Palisade 105 80 +31.2% 676
Commercial Vehicles CKD/CBU 897 912 -1.64% 5,985
Total 5,329 5,047 +5.6% 29,710

Hyundai car sales table for July 2024 (unit: cars).

The Vietnamese automobile market has now entered a low season due to the coincidence with the seventh lunar month. Therefore, it would not be surprising if Hyundai’s sales drop in this August.

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