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Every minute Vietnamese people buy a car

Sales of the Vietnamese auto market in April reached 51,745 vehicles, equivalent to every minute, a new car finds an owner.

The effect of the preferential policy of 50% reduction in registration fees for domestically assembled cars (Decree 103, applied until the end of May 2022) helps the sales of the Vietnamese auto market continue to grow. In which, the Vietnam Automobile Manufacturers Association (VAMA) sold 42,359 vehicles, Hyundai Thanh Cong (HTC) 6,959 cars and VinFast 2,427 cars.

Total sales of VAMA, HTC and VinFast reached 51,745 vehicles in April, an increase of about 8% compared to March and an increase of nearly 32% compared to the same period in 2021. This sales volume does not include automakers that do not disclose data such as Subaru. , Nissan, Volkswagen, Audi, Mercedes…

With nearly 52,000 cars sold, 1.2 cars are delivered to customers every minute. This number is equal to one-sixth of the motorcycle market. Although the auto industry is facing supply difficulties, this year’s sales still bring more optimistic signals than many years ago, also because the whole market freezes in 2021 because of the epidemic.

The total number increased, but not all firms’ sales prospered. Supply difficulties caused HTC and VinFast sales in April to decrease by 2% and 31% respectively compared to March. Within VAMA, brands such as Mitsubishi, Suzuki, and Isuzu also reduced sales.

BILLIONoyota still plays a leading role. Corolla Cross and Vios Both sold well in April (over 2,000 vehicles), helping the Japanese joint venture continue to dominate the market with more than 8,600 vehicles sold. Right after is Thatwhich is distributed by Truong Hai, with more than 7,000 vehicles delivered to users.

This is the second month from the beginning of 2022, Kia sales surpass Hyundai. accrual, Kia now takes second place Permanent capital is held by the compatriot brand, especially in the passenger car segment. In the top 10 best-selling cars in the market in April, Kia contributed 2 names, K3 and Seltos. Hyundai has only one representative, Accent.





Honda City, the best-selling car model in the auto market in April 2022.  Photo: Luong Dung

Honda City, the best-selling car model in the auto market in April 2022. Image: Luong Dung

In terms of car sales alone, Honda is the company with the highest growth rate, 69% compared to March. City and CR-VAT Together in the top of the best-selling cars, the Japanese company had a rare time to rank third in the market in terms of car sales, after Toyota and Kia.

The Vietnamese auto market has only one month of sales left before Decree 103 expires. Currently, most of the new cars ordered at dealers in May cannot be delivered in time this month due to a shortage of supply.

Pham Trung

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