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vietnam's automobile market
Update news vietnam's automobile market
Vietnam’s auto sales near 30,000 units in May
Of the vehicles sold, there were 20,014 passenger cars, 8,983 commercial units, and 213 special-purpose vehicles. While passenger car sales dipped 3.6% from the previous month, commercial vehicles surged 4% and specialised ones climbed 6%.
Car dealers struggle as weak demand drags down Vietnam auto market
Major brands launch aggressive promotions, but sluggish customer demand persists, hurting dealers’ bottom lines.
Auto firms push back on 2030 emissions roadmap
Manufacturers fear waste and cost under new emissions rules without matching fuel supply.
Toyota recalls Yaris Cross HEV in Vietnam over loose panoramic glass roof
A production defect in the panoramic glass roof has led to a major recall of nearly 1,500 Toyota Yaris Cross HEV vehicles in Vietnam.
Thai-imported cars lead Vietnam’s auto market in early 2025
Thailand overtook Indonesia in vehicle imports to Vietnam, driven by consumer preference for durable, competitively priced models.
Imported cars outsell domestic as Vietnam’s auto market cools in April
Despite a 7% sales dip, foreign-made vehicles remain the top choice for Vietnamese buyers.
Vietnam’s car market flooded with new inventory, prices may hit record lows
Over 56,000 new cars added in April alone, creating pressure on prices.
Vietnam’s March car sales jump 47%, imports surpass domestic models
The Vietnamese car market hit a quarterly high in March 2025, fueled by surging imports.
Car prices in Vietnam set to drop as supply surges in March
With over 58,000 new vehicles added in March and Q2 discounts underway, Vietnam’s auto market is bracing for even deeper price cuts.
Toyota leads Southeast Asia’s auto market, VinFast rises with electric cars
With over 923,000 cars sold, Toyota secures its dominance, while VinFast’s EV breakthrough positions it as a rising star.
Chinese auto giant stakes its claim in Vietnamese market
Geely Auto, a leading automobile manufacturer based in China, officially entered the Vietnamese market with the launch of its brand and new vehicle models as well as announcement of its nationwide distribution network on March 21.
SUV and crossover rivalry: The fiercest car segments in Vietnam
With around 20 models each, B-SUV and C-SUV segments are the most crowded and competitive in the market.
Toyota Vietnam recalls Wigo and Alphard over safety concerns
Toyota Vietnam is recalling 3,591 Wigo units due to a brake system defect and 10 Alphard MPVs due to a hood panel issue. The recall runs from March 2025 to 2028.
Vietnam’s car market set to overtake motorbikes after 2035, says World Bank
Vietnam is on track for a transportation shift, with car sales projected to overtake motorbikes after 2035. The World Bank expects the market to grow to 54 million cars by 2050, fueled by rising incomes and EV adoption.
Vietnam’s auto market surges in February, VinFast outperforms foreign brands
Car sales in Vietnam grew by 14% in February, with VinFast maintaining its dominant position, outselling Toyota, Hyundai, Ford, and KIA combined.
Auto giants shift back to internal combustion engines as EV sales struggle
Major car manufacturers are reversing their all-electric strategies, reinvesting in internal combustion engines to maintain profitability and meet consumer demand.
Over 4,000 Ford Explorer vehicles recalled in Vietnam for safety inspection
The affected vehicles were manufactured in the US between May 17, 2010, and March 3, 2019, before being imported and distributed by Ford Vietnam Co. Ltd.
Will import tax reductions make luxury cars cheaper in Vietnam?
Starting in 2025, Vietnam will reduce import tariffs on luxury cars from Europe, the US, and Japan. Will this lead to lower prices for high-end vehicles, and how will it impact the local market?
Vietnam’s auto industry makes global waves with remarkable turnaround
Manufacturers like Thaco, Hyundai Thanh Cong, and VinFast are making significant strides in global markets.
Geely Coolray to debut in Vietnam, kicking off with $168 million joint venture
China's automotive group Geely Auto Group and Vietnam’s Tasco JSC have begun a campaign to launch the urban SUV Geely Coolray in the Vietnamese market, marking the beginning of their 168 million USD joint venture.
