In recent news, TC Group has announced its sales performance for July 2025, reporting a total sales figure of 3,601 Hyundai vehicles, marking a 14.2% decrease from the previous month.
Similar to the trend in June 2025, the Tucson model remained Hyundai’s best-selling car in Vietnam for July, with 508 units sold, reflecting a significant drop of 41.6%. Previously, the top-selling position was often held by the Hyundai Accent.
Taking second place in the Hyundai family in terms of sales was the Accent, with 504 sedans sold, an 8.8% decline. This shift indicates a changing preference among Vietnamese consumers, who are increasingly favoring SUVs over sedans.
Hyundai experiences a sales dip, with Accent sales falling short of 600 units in July 2025.
The third best-selling Hyundai model for July 2025 was the Creta, with 414 units sold, a slight decrease of 1.4%. Closely following was the Hyundai Santa Fe, with an impressive sales figure of 280 units, marking a substantial growth of 93.1%. Similarly, the Hyundai Grand i10 also experienced a boost in sales, achieving a result of 263 units, a notable increase of 37.6%.
The Hyundai Stargazer witnessed a sales decline of 35.7%, settling at 198 units, while the Hyundai Venue faced a similar fate with a sales drop of 8.1%, amounting to 169 units.
Other models in the lineup included the Hyundai Custin, selling 118 units (a decrease of 3.5%), the Palisade with 105 units (an increase of 38.1%), and the Elantra, maintaining its sales figure of 51 units from the previous month. Lastly, commercial vehicles contributed a cumulative sales figure of 978 units, reflecting a decrease of 23.2%.
Model | CBU/CKD | July 2025 | June 2025 | Growth Rate | Year-to-Date 2025 |
Hyundai Tucson | CKD | 508 | 870 | -41.6% | 4,340 |
Hyundai Accent | 504 | 553 | -8.8% | 4,297 | |
Hyundai Creta | 414 | 420 | -1.4% | 3,577 | |
Hyundai Santa Fe | 280 | 145 | +93.1% | 1,561 | |
Hyundai Grand i10 | 263 | 191 | +37.6% | 1,857 | |
Hyundai Stargazer | CBU | 198 | 308 | -35.7% | 1,940 |
Hyundai Venue | CKD | 169 | 184 | -8.1% | 1,405 |
Hyundai Custin | 118 | 114 | -3.5% | 843 | |
Hyundai Palisade | 105 | 76 | +38.1% | 536 | |
Hyundai Elantra | 51 | 51 | 0% | 391 | |
Commercial Vehicles | CBU/CKD | 978 | 1,275 | -23.2% | 7,018 |
Other Models | 13 | 10 | +30% | 40 | |
Total | 3,601 | 4,197 | -14.2% | 27,805 |
Hyundai’s sales performance for July 2025 (in units)
This sales decline was not isolated to Hyundai, as members of the Vietnam Automobile Manufacturers Association (VAMA) also experienced similar setbacks in July 2025. Various factors contributed to this downturn, including a subdued economic climate, rising bank interest rates, and tax policies. Additionally, the Prime Minister’s Directive 20/CT-TTg, which outlines a plan to restrict and eventually prohibit the use of fossil fuel vehicles in major cities, has started to influence the purchasing behavior of domestic consumers.