Vietnam vehicle sales rise 33% in 2022

By Tri Duc
Thu, January 12, 2023 | 3:19 pm GMT+7

The total sales of Vietnam Automobile Manufacturers’ Association (VAMA) members, which do not include VinFast and Hyundai, increased 33% year-on-year to 404,635 in 2022.

They included 316,941 passenger cars, up 48% year-on-year; 82,714 commercial vehicles, down 1.5%; and 4,980 special-purpose vehicles, down 14%.

The number of completely knocked down (CKD) vehicles hit 226,487, up 30%; and that of completely-built-up (CBU) units reached 178,148, up 37%.

Automobile production of Thaco at Chu Lai Truong Hai Complex in Quang Nam province, central Vietnam. Photo courtesy of bizlive.vn.

Automobile production of Thaco at Chu Lai Truong Hai Complex in Quang Nam province, central Vietnam. Photo courtesy of bizlive.vn.

The December figure was 35,301 units, down 24% year-on-year, including 27,262 passenger cars, 7,762 commercial vehicles, and 277 special-purpose vehicles. They featured 17,666 CKD units, down 6% versus November; and 17,635 CBU units, up 0.4%.

In 2022, Toyota was the best seller with 91,115 units, or 25.4% of the total; followed by Mitsubishi with 39,861, or 11.1%; and KIA and Mazda cars made by domestic firm Thaco with 60,729 and 36,052 (17% and 10.1%), respectively.

Other top players were Honda with 30,645 (8.6%), and Ford with 28,847 (8.1%).

Vietnamese electric vehicle maker VinFast delivered 4,278 units in December last year, seven times higher than the previous month, including 2,730 VF 8 and 1,548 VF e34 models.

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