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 represents a 45% increase from August (25,196 units) and a 44% surge compared to the same period last year (24,687 units). It is also the highest vehicle sales figure recorded since the beginning of the year.
This growth can be largely attributed to the government’s policy of supporting a 50% reduction in registration fees for domestically produced and assembled vehicles. This policy came into effect on September 1, 2024, and will last for three months.
Here is a list of the top 10 best-selling vehicles in September 2024:
Mitsubishi Xpander: 2,688 units
Mitsubishi Xpander surged from 6th place in August to 1st place in September, with a remarkable sales figure of 2,688 units. This is a 2.6-fold increase compared to August (1,003 units) and a 40% rise over September 2023. In the first nine months of 2024, Mitsubishi delivered a total of 12,956 Xpander units to the market.
The Mitsubishi Xpander is available in Vietnam in four variants: MT, AT, AT Premium, and Xpander Cross, with prices ranging from VND 560 million to VND 698 million.
Mazda CX-5: 1,856 units
Ranking second in the top 10 best-selling vehicles for the month was the Mazda CX-5, with sales of 1,856 units. Cumulative sales for the first nine months reached 9,240 units, a 14.7% decrease compared to the same period in 2023.
The Mazda CX-5 is locally assembled in Vietnam and is offered in three variants, with prices ranging from VND 749 million to VND 829 million.
Toyota Vios: 1,842 units
Toyota Vios achieved sales of 1,842 units in September, an impressive 82.4% increase compared to August (1,010 units), propelling it to third place in the top 10 best-selling vehicles. In the first nine months of the year, Toyota Vios sold a total of 8,812 units, representing a 17.8% increase over the same period in 2023.
The Toyota Vios is currently available in Vietnam in three variants, with prices ranging from VND 458 million to VND 545 million.
Mitsubishi Xforce: 1,821 units
Mitsubishi Xforce concluded September with sales of 1,821 units, a 27.3% decrease compared to August (2,504 units). Cumulative sales for the past nine months stood at 9,963 units.
The Mitsubishi Xforce is currently imported as a completely built unit (CBU) from Indonesia, offering four variants: GLX, Exceed, Premium, and Ultimate. Prices range from VND 599 million to VND 705 million.
Honda City: 1,590 units
After several months of absence from the top 10, Honda City made a strong comeback in September, selling 1,590 units, a 3.8-fold increase over August (421 units). Cumulative sales for the first nine months reached 6,071 units.
The Honda City is currently available in Vietnam in three variants (G, L, and RS), with prices ranging from VND 559 million to VND 609 million.
Ford Ranger: 1,473 units
Ford Ranger recorded sales of 1,473 units in September, a 15.6% increase compared to August (1,274 units). However, its ranking dropped by four positions compared to the previous month. Cumulative sales for Ford Vietnam in the first nine months stood at 11,766 units.
The Ford Ranger is currently offered in Vietnam with seven variants, and prices range from VND 669 million to VND 1.299 billion.
Hyundai Accent: 1,290 units
Ranking seventh in the top 10 best-selling vehicles for the month was the Hyundai Accent, with sales of 1,290 units, a 37.6% increase compared to August (937 units). Cumulative sales for the first nine months reached 8,200 units.
The Hyundai Accent is currently available in four variants, with prices ranging from VND 439 million to VND 569 million.
Toyota Veloz Cross: 1,147 units
Toyota Veloz Cross concluded September with sales of 1,147 units, more than double the figure from August (538 units). Cumulative sales for the first nine months of 2024 stood at 5,218 units.
The Toyota Veloz Cross is locally assembled in Vietnam and is offered in two variants, priced at VND 638 million and VND 660 million, respectively.
Hyundai Creta: 1,068 units
Ranking ninth in the top 10 best-selling vehicles for the month was the Hyundai Creta, with sales of 1,068 units, a 74.2% increase compared to August (613 units).
Cumulative sales for the past nine months reached 5,181 units.
The Hyundai Creta is locally assembled by TC Motor at its Ninh Binh plant and is offered in three variants, with prices ranging from VND 599 million to VND 699 million.
Kia Carnival: 1,023 units
Rounding out the top 10 was the Kia Carnival, which sold 1,023 units in September. Cumulative sales from the beginning of 2024 to the present reached 4,276 units, a 13.9% increase compared to the same period last year.
The Kia Carnival is currently available in Vietnam in four variants, with prices ranging from VND 1.299 billion to VND 1.589 billion.
“Vehicle Sales Surge Thanks to Registration Fee Support Policy”
According to a report by the Vietnam Automobile Manufacturers Association (VAMA), September saw a record-breaking sales performance for the entire market, with an impressive 36,585 vehicles sold.
The Ultimate Top 10 Best-Selling Cars of September 2024: Mitsubishi Xpander’s Spectacular Comeback
According to a report by the Vietnam Automobile Manufacturers’ Association (VAMA), September saw an impressive record-breaking sales performance with a total of 36,585 vehicles rolling off the lots.
A Surge in Car Sales: The Impact of Registration Fee Support Policies
According to a report by the Vietnam Automobile Manufacturers Association (VAMA), September saw a record-breaking sales performance for the entire market, with an impressive 36,585 vehicles rolling out of showrooms.
Is the Imported Car Overwhelming the Domestic Assembly?
In the last three quarterly reports, imported car sales have outperformed their locally-assembled counterparts, narrowing the sales gap between these two car categories to a negligible difference by mid-2024.
The Vietnamese Automotive Market: Rising Demand, Rising Opportunities
The final month of the second quarter saw a slight growth in sales for Vietnam’s automotive market. Mitsubishi Xpander still has a chance to retain its sales crown, but it must watch out for the strong performance of the Ford Ranger.
