Market

The used car market in Vietnam during the first quarter of 2025 witnessed a significant polarization. Small-sized pre-owned vehicles are losing their appeal due to the competitive pressure from affordable electric vehicles and new budget-friendly options, while high-riding vehicles maintain their strong liquidity and demand.

The Kia Sorento was the only vehicle in the D-SUV segment to experience a decline in sales for March 2025.

The latest draft of the Law on Special Consumption Tax proposes a reduction in special consumption tax of 30% for plug-in hybrid electric vehicles (HEVs) and 50% for plug-in hybrid electric vehicles that are charged from an external source (PHEVs).

To celebrate this momentous occasion, VinFast hosted a grand event, the Motomobi News Karnaval, where it delivered 100 VF 3s to their proud new owners.

In March 2025, VinFast's dynamic duo of electric vehicles, the VF 5 and VF 3, once again dominated the charts as the best-selling cars in Vietnam.

With these impressive results, the Hyundai Accent has cemented its position as the best-selling car in the B-segment sedan category in Vietnam.

Carbon fiber is lighter than aluminum and stronger than steel, yet the European Union is seeking to ban this material in the automotive industry by classifying it as hazardous.

In March 2025, the C-segment SUV market witnessed a surge in sales across the board.

With these results, the Kia Morning not only lags behind in the subcompact car segment but also finds itself among the bottom 10 worst-selling cars in the entire market.

The automotive industry witnessed a substantial surge in sales across the entire US market in March 2025, despite relatively static pricing and incentive programs.