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Small MPV – Toyota, Suzuki compete for market share with Mitsubishi

Thanks to the Xpander trump card, Mitsubishi dominates the segment, but Suzuki with XL7 and Toyota with Veloz are also closely following.

MPV sales order in April has not changed compared to the previous month Xpander still outnumbered the rest. While the duo Avanza Premio and Veloz Cross continue to surpass two models of Suzuki is XL7 and Ertiga, to take second place.

1,652 vehicles are Xpander’s highest sales since the beginning of 2022. The best-selling MPV model in the segment for the past 4 years is about to release a mid-life upgrade, expected in June. Test run images of Xpander 2022 have appeared in Vietnam.

Luy From the beginning of the year, Mitsubishi Xpander sold a total of 3,049 vehicles, accounting for about 36% of the market share and dominating the segment. Due to the influence of supply and the purpose of discharge to clear the way for the new version, the company’s representative said that Xpander’s sales in the past months were lower than the actual demand of the market.





Xpander 2022 test run in Hanoi.  Photo: Luong Dung

Xpander 2022 test run in Hanoi. Image: Luong Dung

Since April, Toyota has not released single sales figures, but aggregated Avanza and Veloz, similar to how Mitsubishi does with Xpander and Xpander Cross. Sales of two Toyota models reached 1,336 units, only behind two models of rival Mitsubishi.

Although not as expected (1,560 vehicles/month), with these sales of Avanza and Veloz, Ambitious to share the market share of the family car group Toyota’s is not without reality. However, the craze for the two new MPV models contrasts with Innova’s continuous decline in sales. In April, less than 100 Toyota Innova cars reached customers, accumulated The plan reached 657 vehicles, less than a month of consumption when the car was at its peak.





Veloz Cross, the second best-selling model after Xpander in April. Photo: Toyota

Veloz Cross, the second best-selling model after Xpander in April. Photo: Toyota

With the arrival of the Toyota product duo, the second position normally held by Suzuki is under threat. XL7 is still Suzuki’s flagship model, but Ertiga is in the opposite direction, continuously decreasing sales. Since the beginning of the year, two Suzuki models have sold 2,563 cars, just slightly better than the rival Toyota 393, but Avanza and Veloz have only been open for sale since March.

The race for the MPV segment currently has three competing firms: Mitsubishi, Toyota and Suzuki. In the near future, Kia Carens (Rondo) will be sold again, promising more competition.

Thanh Nhan

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