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Auto sales hit record high in 2022

Updated: 23:24, 14/01/2023
Vietnam’s auto sales surged 23.92% to 508,547 units last year, as consumption rose post-pandemic, with top auto brands enjoying double-digit growth.

The data was compiled from Vietnam Automobile Manufacturers Association (VAMA), TC Motor (which assembles for Hyundai) and VinFast.

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A Toyota Veloz Cross assembled in Vietnam.

Regarding VAMA figures alone, the biggest monthly sales last year was recorded in May when over 43,800 units were sold.

A slump in June due to a shortage of parts was quickly compensated for by a recovery in the remaining months with 30,000-36,000 units sold each month.

Truong Hai Auto Corporation led in sales with 130,300 units sold during the year, up 25% year-on-year. It was followed by Toyota, with 91,100 units, for an increase of 34.9%. Mitsubishi, Honda and Ford made up the rest of the top five.

The sale of passenger cars alone shot up 48% to 316,941 units.

The Toyota Vios sedan was the best-selling model in Vietnam last year at 23,500 units, followed by the Hyundai Accent, and the compact MPV Mitsubishi Xpander.

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Source: VnExpress

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