September 18, 2021

Vietnam March 2021: Ford Ranger and Hyundai Accent top market up 61.5%

The Hyundai Accent is now #1 year-to-date in Vietnam.

New vehicle sales in Vietnam rally back up 61.5% on Covid-19 impacted year-ago volumes to 30.935 units according to local manufacturers association VAMA. This means the year-to-date tally is now up 35% to  70.952 units. These figures climb to 40.072 for the month and 93.687 year-to-date when adding Hyundai and VinFast who report separately from VAMA.

Hyundai reclaims the brands top spot it held over the Full Year 2020 but less than 300 sales separate it from #3 Toyota (+26.9%) with Thaco-Kia (+68.9%) ending the month in 2nd place. Ford (+138.1%) and Mazda (+92.3%) vastly outperform the market unlike Mitsubishi (+41%) and Honda (+26.3%) rather shy this month. Peugeot (+390.2%) and Suzuki (+125.7%) also impress further down.

The Ford Ranger (+152.4%) surges to lead the Vietnamese models ranking for the month as the Hyundai Accent (+35.7%) edges up one spot on February to #2, snapping the year-to-date lead away from the Mitsubishi Xpander (+43.6%). The traditional best-seller in the country, the Toyota Vios (-14%) goes against the positive market trend and has to settle for third place, ranking at a paltry 5th position year-to-date. The Kia Seltos and Toyota Corolla Cross confirm they are instant blockbusters in Vietnam by rounding out the Top 5. Leader last month, the VinFast Fadil drops to #6 in March but still leads its segment above the Hyundai Grand i10 at #7.

Previous month: Vietnam February 2021: VinFast Fadil and Kia Seltos surprise atop market off -22.9%

One year ago: Vietnam March 2020: Toyota Vios and Ford Ranger top market down -40.7%

Full March 2021 Top 17 All-manufacturers and Top 60 models below.

Note: The brands ranking includes medium and heavy commercial vehicles, the models ranking does not. Some manufacturers such as Lexus and Peugeot don’t share

Vietnam March 2021 – manufacturers:

Pos Brand Mar-21 % /20 Feb 2021 % /20 Pos FY20
1 Hyundai 6,807 17.0% n/a 2 15,886 17.0% n/a 2 1
2 Thaco-Kia 6,625 16.5% 68.9% 1 16,495 17.6% 53.5% 1 3
3 Toyota 6,527 16.3% 26.9% 3 13,375 14.3% -2.7% 3 2
4 Ford 3,228 8.1% 138.1% 7 5,914 6.3% 52.3% 8 6
5 Mazda 2,606 6.5% 92.3% 5 6,475 6.9% 32.4% 7 4
6 Mitsubishi 2,508 6.3% 41.0% 8 7,113 7.6% 42.2% 4 5
7 Honda 2,486 6.2% 26.3% 6 6,782 7.2% 28.2% 6 7
8 Suzuki 2,433 6.1% 125.7% 9 3,918 4.2% 63.7% 9 9
9 VinFast 2,330 5.8% n/a 4 6,849 7.3% n/a 5 8
10 Isuzu 1,055 2.6% 38.1% 11 1,802 1.9% 24.0% 10 10
11 Peugeot 647 1.6% 390.2% 10 1,540 1.6% 200.8% 11 11
12 Hino 469 1.2% 58.4% 12 1,117 1.2% 84.3% 12 13
13 Lexus 152 0.4% 94.9% 14 280 0.3% 8.5% 14 15
14 Hyundai Trucks 68 0.2% -61.1% 13 655 0.7% 19.1% 13 12
15 VEAM 57 0.1% 96.6% 15 103 0.1% 7.3% 16 16
16 Samco 45 0.1% -19.6% 17 110 0.1% -19.7% 15 17
17 Daewoo Bus 3 0.0% -57.1% 16 53 0.1% 51.4% 17 19

Vietnam March 2021 – models:

Pos Model Mar-21 % /20 Feb 2021 % /20 Pos FY20
1 Ford Ranger 2,171 5.4% 152.4% 4 3,873 4.1% 103.9% 4 6
2 Hyundai Accent 2,094 5.2% 35.7% 3 4,808 5.1% 8.3% 1 2
3 Toyota Vios 1,971 4.9% -14.0% 8 3,870 4.1% -39.1% 5 1
4 Kia Seltos 1,602 4.0% new 2 3,840 4.1% new 6 17
5 Toyota Corolla Cross 1,390 3.5% new 5 2,969 3.2% new 9 18
6 VinFast Fadil 1,312 3.3% n/a 1 4,148 4.4% n/a 3 5
7 Hyundai Grand i10 1,293 3.2% 10.2% 10 3,199 3.4% -17.1% 8 3
8 Honda City 1,182 2.9% 148.3% 7 3,374 3.6% 123.6% 7 20
9 Mitsubishi Xpander 1,179 2.9% 43.6% 6 4,602 4.9% 53.3% 2 4
10 Mazda CX-5 1,002 2.5% 256.6% 9 2,569 2.7% 138.3% 10 8
11 Mitsubishi Attrage 1,002 2.5% 139.7% 45 1,336 1.4% 82.0% 21 25
12 Hyundai Tucson 928 2.3% 57.6% 18 1,840 2.0% 1.3% 12 11
13 Suzuki XL7 885 2.2% new 31 1,346 1.4% new 19 27
14 Suzuki Carry 885 2.2% 176.6% 30 1,219 1.3% 39.0% 24 31
15 Hyundai Santa Fe 882 2.2% 54.7% 12 1,990 2.1% 7.3% 11 9
16 Ford Everest 817 2.0% 401.2% 23 1,459 1.6% 48.6% 16 19
17 Toyota Fortuner 652 1.6% -0.6% 21 1,357 1.4% -27.6% 18 13
18 Honda CR-V 598 1.5% 6.0% 24 1,169 1.2% -22.1% 26 10
19 VinFast Lux A2.0 548 1.4% n/a 13 1,458 1.6% n/a 17 23
20 Mazda3 533 1.3% 14.1% 17 1,336 1.4% -34.9% 20 12
21 Kia Soluto 509 1.3% -1.4% 11 1,531 1.6% -6.6% 15 14
22 Kia Sorento 498 1.2% 538.5% 15 1,750 1.9% 567.9% 13 38
23 Toyota Hilux 478 1.2% 53.2% 33 803 0.9% 69.8% 33 37
24 VinFast Lux SA2.0 470 1.2% n/a 19 1,243 1.3% n/a 23 28
25 Kia Cerato 469 1.2% -11.8% 14 1,698 1.8% 2.5% 14 7
26 Toyota Camry 461 1.2% 9.8% 27 1,217 1.3% 13.3% 25 22
27 Toyota Rush 460 1.1% 48.4% 39 643 0.7% -21.6% 35 29
28 Toyota Innova 439 1.1% -19.3% 32 843 0.9% -46.0% 31 21
29 Kia Morning 438 1.1% 5.0% 16 1,284 1.4% 3.5% 22 16
30 Mazda2 429 1.1% 76.5% 29 949 1.0% 71.9% 29 36
31 Mazda CX-8 412 1.0% 164.1% 22 1,023 1.1% 77.3% 27 24
32 Suzuki Ertiga 390 1.0% 154.9% 46 630 0.7% 42.9% 37 40
33 Hyundai Kona 334 0.8% n/a 20 971 1.0% n/a 28 15
34 Honda Brio 315 0.8% 18.4% 28 907 1.0% 16.1% 30 34
35 Toyota Wigo 259 0.6% 59.9% 36 643 0.7% 25.8% 36 39
36 Honda Civic 200 0.5% -42.9% 26 824 0.9% 8.7% 32 41
37 Hyundai Elantra 179 0.4% n/a 25 732 0.8% n/a 34 26
38 Honda HR-V 173 0.4% -38.2% 44 467 0.5% -23.2% 39 44
39 Toyota Corolla Altis 161 0.4% -28.8% 42 374 0.4% -24.9% 42 33
40 Toyota Yaris 150 0.4% -7.4% 43 363 0.4% 21.4% 43 46
41 Mitsubishi Outlander 140 0.3% -63.9% 34 507 0.5% -22.4% 38 30
42 Kia Sedona 137 0.3% 20.2% 38 394 0.4% 10.7% 41 43
43 Mitsubishi Triton 130 0.3% 39.8% 35 451 0.5% 12.8% 40 42
44 Suzuki Super Carry 129 0.3% -77.3% 41 283 0.3% -68.8% 46 32
45 Mazda BT-50 119 0.3% 16.7% 37 317 0.3% -0.9% 45 47
46 Ford Ecosport 117 0.3% -35.4% 47 351 0.4% -21.5% 44 35
47 Mazda6 111 0.3% 4.7% 40 281 0.3% -9.1% 47 45
48 Ford Transit 93 0.2% 32.9% 50 184 0.2% -34.5% 50 49
49 Suzuki Ciaz 71 0.2% n/a 49 260 0.3% n/a 48 61
50 Mitsubishi Pajero Sport 57 0.1% 185.0% 51 217 0.2% 87.1% 49 53
51 Toyota Prado 54 0.1% 237.5% 48 129 0.1% 44.9% 51 57
52 Kia Rondo 51 0.1% -44.6% 52 126 0.1% -50.4% 52 51
53 Kia Optima 41 0.1% -43.8% 53 96 0.1% -56.4% 55 52
54 Toyota Land Cruiser 33 0.1% 135.7% 54 103 0.1% 123.9% 54 59
55 Ford Tourneo 30 0.1% 130.8% 57 44 0.0% -49.4% 57 60
56 Honda Accord 18 0.0% -28.0% 58 41 0.0% -34.9% 58 62
57 Toyota Alphard 10 0.0% 150.0% 60 20 0.0% 17.6% 60 70
58 Toyota Avanza 6 0.0% -75.0% 59 26 0.0% -72.0% 59 58
59 Suzuki Swift 3 0.0% 200.0% 56 110 0.1% 5400.0% 53 55
60 Toyota Hiace 3 0.0% n/a 61 13 0.0% 333.3% 61 69
61 Isuzu MU-X 0 0.0% -100.0% 55 66 0.1% -54.5% 56 56
62 Ford Explorer 0 0.0% -100.0% 62 3 0.0% -98.4% 62 50
63 Toyota Granvia 0 0.0% new 63 2 0.0% new 63 71

Source: VAMA, Manufacturers

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