- Vietnam automobile sales grew 7.9% year-over-year in April to 31,937 units.
- Hybrid vehicle sales surged 53.3% as automakers expanded promotional campaigns.
Vietnam automobile sales recorded steady growth in April as vehicle demand improved across several major segments. According to the report released by the Vietnam Automobile Manufacturers Association (VAMA) on May 12, total automobile sales, including imported vehicles from non-VAMA manufacturers, increased 7.9% year-over-year to 31,937 units. Completely Knocked Down (CKD) vehicle volume reached 13,924 units, while Completely Built Unit (CBU) vehicle sales stood at 18,013 units. The latest figures indicate continued recovery momentum in the country’s automotive sector despite ongoing market competition and fluctuating consumer demand.
Sales generated by VAMA member companies also posted positive year-over-year growth during April. The 20 manufacturers under VAMA reported combined sales of 24,479 units, representing a 5.6% increase compared with the same period last year. Passenger vehicle sales grew 4.3%, while commercial vehicle sales edged up 0.5%. Special purpose vehicle sales experienced a sharp decline of 92.4% during the month. Hybrid vehicle demand continued to expand rapidly, with sales climbing 53.3% to 1,723 units. Battery electric vehicle sales remained relatively limited at 49 units during the reporting period.
Vietnam April 2026 Automobile Sales Overview
| Category | April 2026 Sales | Year-over-Year Change |
|---|---|---|
| Total Vehicle Sales | 31,937 Units | +7.9% |
| VAMA Member Sales | 24,479 Units | +5.6% |
| Hybrid Vehicle Sales | 1,723 Units | +53.3% |
| Battery Electric Vehicle Sales | 49 Units | N/A |
Among leading automotive brands, Toyota maintained the highest market share in April. Toyota sales, excluding Lexus models, rose 14.6% year-over-year to 6,378 units, accounting for a 20.0% market share. Mitsubishi recorded one of the strongest performances during the month, with sales surging 68.7% to 3,439 units and market share reaching 10.8%. In contrast, Ford sales declined 28.3% year-over-year to 2,866 units, representing a 9.0% market share in the Vietnamese automotive market.
Other major manufacturers also reported mixed sales results during April. Thaco Mazda sales fell 7.5% year-over-year to 2,532 units, while Thaco Kia sales increased 20.1% to 2,469 units. Thaco Truck sales improved 14.0% to 2,451 units during the month. Honda experienced a 14.6% decline in April sales, reaching 1,830 units and holding a 5.7% market share. The overall market environment remained highly competitive as automakers continued focusing on pricing strategies and promotional activities to attract consumers.
Automakers Intensify Incentives to Support Demand
Vehicle manufacturers and dealerships across Vietnam introduced aggressive promotional campaigns throughout April to stimulate customer demand and reduce inventory pressure. The market witnessed expanded discount programs, financing support packages, and inventory clearance initiatives across multiple vehicle categories. Industry participants are expected to continue strengthening promotional activities during May as companies attempt to improve showroom traffic and accelerate vehicle deliveries in a challenging competitive environment.
Cumulative automobile sales during the first four months of the year reached 126,794 units, representing a strong 24.5% year-over-year increase. The growth trend highlights improving consumer confidence and recovering automotive demand in Vietnam despite broader economic uncertainties. Rising hybrid vehicle adoption and continued promotional support from manufacturers are expected to remain important growth drivers for the country’s automotive sector in the coming months.
Frequently Asked Questions
How much did Vietnam automobile sales increase in April 2026?
Vietnam automobile sales increased 7.9% year-over-year in April 2026, reaching a total of 31,937 units including imported vehicles from non-VAMA manufacturers. The market continued showing recovery momentum due to stronger consumer demand and promotional campaigns introduced by automakers and dealerships. Passenger vehicle sales and hybrid vehicle demand contributed significantly to the growth, while cumulative sales for the first four months of the year climbed 24.5% compared with the previous year.
Which automaker recorded the highest market share in Vietnam during April 2026?
Toyota recorded the highest market share in Vietnam during April 2026 with sales of 6,378 units, excluding Lexus models, representing a 20.0% market share. Mitsubishi followed with strong growth and a 10.8% market share, while Ford held 9.0%. Several automakers continued offering discounts and promotional programs to strengthen demand and improve sales performance as competition remained intense across passenger and commercial vehicle segments.
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