Market

All sedans in the C-segment experienced a decline in sales in January 2024. However, the Honda Civic showed the least decrease compared to other models.

When it comes to the overall market, the Ford Ranger ranks second, right after the Mitsubishi Xpander.

Both the Toyota Raize and Kia Sonet have seen a decline in sales, while only the Hyundai Venue has shown growth.

With the exception of the Suzuki Ciaz, all B-segment sedans experienced a decline in January 2024.

Despite being featured in the list of the 10 slowest-selling car models in Vietnam in January 2024, the Toyota Innova Cross is not actually unpopular but rather due to limited supply.

Unlike the Honda HR-V, both the Hyundai Creta and Kia Seltos have experienced a significant decline in sales, causing them to relinquish their throne.

The Wuling Hongguang Mini EV has only been in the market for 4 years, and its success has made it one of the best-selling small electric cars in the world. In Vietnam, due to customer hesitation, this model has been continuously stimulated for purchase through discounts, with the most aggressive being a 50 million VND reduction.

Toyota Vietnam collaborates with the Youth Union of Vietnam in organizing the event "Youth Day for Traffic Culture 2024" with the theme "Digital Transformation in Traffic Culture Communication" from February 24-25, 2024.

In contrast to all other MPV models, the Suzuki duo of Ertiga and XL7 saw an increase in sales during January 2024.

VinFast reported a Q4 gross loss of VND 4.174 trillion ($174.9 million USD) and a full-year gross loss of VND 13.164 trillion ($551.6 million USD) after deducting expenses.