Vietnam vehicle sales rise 33% in 2022

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%.

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.