Today, February 13, 2025, TC Group announced its sales results for January 2025. The total sales volume of Hyundai vehicles in January reached 3,074 units, a decrease of 63% compared to the previous month.
In January 2025, the Accent remained Hyundai’s best-selling model with 530 units delivered to Vietnamese customers, a 71.5% decrease. With this result, the Hyundai Accent ranked second in the B-segment sedan category, after the Honda City. Additionally, this model was also the tenth best-selling car in the overall market.
The Tucson ranked second with 476 units sold, a 50.9% decrease. Meanwhile, the Creta secured the third position in the Hyundai family with 431 units sold, a 52.1% decline.
The following models completed the sales ranking for January 2024: Hyundai Grand i10 with 211 units, Stargazer with 183 units, Venue with 180 units, Santa Fe with 155 units, Custin with 66 units, Palisade with 53 units, and Elantra with 52 units.
Hyundai’s commercial vehicles achieved a sales volume of 732 units, a 32.1% decrease. Among these, 81 vehicles were exported to international markets, including the Mighty N250 light truck to Peru and the 16-seat Solati minibus to the Philippines.
Model | CBU/CKD | January 2025 | December 2024 | Increase/Decrease | Cumulative 2025 |
Hyundai Accent | CKD | 530 | 1,861 | -71.5% | 530 |
Hyundai Tucson | 476 | 970 | -50.9% | 476 | |
Hyundai Creta | 431 | 901 | -52.1% | 431 | |
Hyundai Grand i10 | 211 | 751 | -71.9% | 211 | |
Hyundai Stargazer | CBU | 183 | 704 | -74% | 183 |
Hyundai Venue | CKD | 180 | 566 | -68.1% | 180 |
Hyundai Santa Fe | 155 | 829 | -81.3% | 155 | |
Hyundai Custin | 66 | 444 | -85.1% | 66 | |
Hyundai Palisade | 53 | 191 | -72.2% | 53 | |
Hyundai Elantra | 52 | 146 | -64.3% | 52 | |
Commercial Vehicles | CKD/CBU | 732 | 921 | -32.1% | 732 |
Other Models | 32 | 5 | -84.3% | 5 | |
Total | 3,074 | 8,316 | -63% | 3,074 |
Hyundai’s sales volume for February 2025 (in units)
January 2025 coincided with the Tet holiday period, leading to a decrease in purchasing sentiment among customers, which resulted in a decline in sales for Hyundai and the overall market. The Vietnamese automobile market is expected to remain subdued in February 2025.
To stimulate demand, Hyundai Thanh Cong Vietnam is offering incentives on all its models throughout February. Specifically, the company is offering an extended warranty of 8 years or 120,000 km (whichever comes first) and a direct discount of up to VND 45 million on the selling price. Both incentives are applicable simultaneously for purchase contracts successfully concluded in February 2025 for vehicles manufactured in 2024 (VIN 2024).