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Wednesday, May 14, 2025

Imported car sales top local units in April

The Saigon Times

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HCMC — Imported vehicles continued to outsell domestically assembled cars in Vietnam in April, extending a trend that began in March, showed data from the Vietnam Automobile Manufacturers Association (VAMA).

VAMA members sold 29,585 vehicles in April, down 7% from March but up 21% year-on-year. Passenger cars accounted for 20,766 units, while commercial vehicles and special-purpose vehicles made up 8,619 and 200 units, respectively.

Sales of imported completely-built-up (CBU) cars reached 15,695 units, compared to 13,890 units for completely knocked down (CKD) locally assembled cars. Both categories saw a 7% decline from the previous month. This marked the second consecutive month that CBU vehicles had outsold CKD automobiles.

In the first four months of 2025, VAMA members sold a total of 101,834 cars, up 23% year-on-year. Of this, imported vehicles totaled 52,870 units, a 35% increase, while sales of locally assembled vehicles rose 13% to 48,964 units.

The figures do not include sales from non-VAMA members such as VinFast and Hyundai, which also hold significant market share.

Data from the General Statistics Office showed the market added 56,563 new vehicles in April, up 4.8% from March. Domestic production and assembly accounted for 39,500 units, the highest monthly output so far in 2025, and 60% higher than the same month last year.

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