According to a report from the Vietnam Automobile Manufacturers’ Association (VAMA), the total market sales in September reached a record high with 36,585 units sold.
This figure marks a 45% increase compared to August (25,196 units) and a 44% surge from the same period last year (24,687 units). It also stands as the highest vehicle sales figure so far this year.
Breaking it down, passenger car sales reached 28,973 units (up 51% from August), commercial vehicles hit 7,367 units (a 25% increase), and specialized vehicles recorded 245 units (a 48% jump).
By the end of September, domestic assembled vehicle sales reached 19,500 units, a 62% increase compared to August, while completely built-up imported vehicles achieved 17,085 units, a 30% rise.
Cumulative sales for the first nine months of the year, as per VAMA statistics, stood at 225,583 units, reflecting a 6.94% increase compared to the same period in 2023 (209,927 units).
Notably, according to VAMA statistics, Toyota currently leads the market with September sales of 7,143 units, a 49% jump from August. Mitsubishi follows closely with 5,385 units delivered to customers (a 32% increase). Kia ranks third with 4,015 units sold (up by 79%), while Ford and Honda occupy the fourth and fifth positions with sales of 3,967 and 3,607 units, respectively. (It’s worth mentioning that VinFast delivered over 9,300 units in September, and Hyundai sold 6,518 units, but these figures are not included in VAMA’s statistics as these brands are not members of the association.)
VAMA representatives attribute the impressive September sales to the government’s policy of supporting 50% of the registration fee for domestically produced and assembled vehicles, as per Decree 109/2024/ND-CP issued on August 29, 2024. This policy came into effect on September 1, 2024, and will last for three months, encouraging consumers to opt for domestically assembled vehicles.
Additionally, dealerships offered various promotional programs and attractive gifts to stimulate purchasing.
Looking ahead, vehicle sales across the market are predicted to continue their strong growth trajectory in the remaining months of the year. With the introduction of new models such as the Hyundai Santa Fe, Hyundai Tucson, Toyota Land Cruiser Prado, and Honda HR-V, the sales race is expected to heat up even further.
TH (Tuoitrethudo)
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