As per tradition, on 11/11/2024, the Thanh Cong Group (TC Group) announced the sales results for Hyundai vehicles in October 2024. Accordingly, in the past month, the total sales volume of Hyundai vehicles reached 7,639 units, a growth of 17.2% compared to September. With this result, Hyundai ranked as the third best-selling automobile brand in the Vietnamese market, after VinFast (over 11,000 units) and Toyota (8,736 units).
Similar to previous months, the best-selling Hyundai model in Vietnam in October 2024 continued to be the Accent. Accordingly, this B-segment sedan achieved sales of 1,425 units, a growth of 10.5%. With this result, the Hyundai Accent once again sold fewer units than its two competitors, the Toyota Vios and Honda City.
The Hyundai Creta ranked second with sales of 1,228 units, a growth of 14.9%. In the B-SUV segment, this Hyundai model ranked fourth, after the Toyota Yaris Cross, Toyota Corolla Cross, and Mitsubishi Xforce.
Meanwhile, the all-new Santa Fe recorded sales of 1,007 units, a growth of 32.8%, and ranked third in the Hyundai family. Right behind the Santa Fe was the Hyundai Grand i10 with sales of 753 units, a growth of 34.2%.
The fifth position belonged to the Hyundai Venue, with sales growth of 29.7% to 625 units. Next was the Hyundai Tucson, with sales of 558 units, a growth of 12.7%.
The small MPV Hyundai Stargazer maintained its sales volume, reaching 433 units, and ranked seventh. Right behind the Stargazer was the mid-sized MPV Hyundai Custin with 314 units sold, a slight growth of 3.9%.
Next was the Hyundai Elantra with sales of 218 units, a growth of 21.8%, ranking ninth. The Hyundai Palisade closed out the rankings with 213 units sold, a growth of 30.7% (not including export volume).
Commercial Hyundai vehicles achieved sales of 865 units in October 2024, a growth of 11.3% compared to September. Among these, 32 units of the Hyundai Mighty LT 2.5-ton and Hyundai Solati were exported to foreign markets.
| Model | CKD/CBU | October 2024 | September 2024 | Growth Rate | Year-to-Date 2024 |
| Hyundai Accent | CKD | 1,425 | 1,290 | +10.5% | 9,625 |
| Hyundai Creta | 1,228 | 1,068 | +14.9% | 6,409 | |
| Hyundai Santa Fe | 1,007 | 758 | +32.8% | 4,906 | |
| Hyundai Grand i10 | 753 | 561 | +34.2% | 4,045 | |
| Hyundai Venue | 625 | 482 | +29.7% | 3,209 | |
| Hyundai Tucson | 558 | 495 | +12.7% | 4,087 | |
| Hyundai Stargazer | CBU | 433 | 433 | – | 2,987 |
| Hyundai Custin | CKD | 314 | 302 | +3.9% | 2,262 |
| Hyundai Elantra | 218 | 179 | +21.8% | 1,477 | |
| Hyundai Palisade | 213 | 163 | +30.7% | 1,154 | |
| Commercial Vehicles | CKD/CBU | 865 | 777 | +11.3% | 8,385 |
| Total | 7,639 | 6,518 | +17.2% | 48,546 |
Sales performance table for Hyundai models in October 2024 (in units)
In October 2024, most Hyundai models, except for the Stargazer, benefited from a 50% reduction in registration fees as per the government’s policy for domestically produced and assembled automobiles. This served as a significant incentive to boost Hyundai’s sales during the past month.
November 2024 marks the last month that domestically produced and assembled vehicles will receive a 50% discount on registration fees. Therefore, Hyundai’s sales are expected to continue on this positive growth trajectory.
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