Vietnam Car Market Share 2019: The Big Three and Surprises

Do you believe that in 2019, the Vietnamese car market witnessed a dramatic “three-horse race”? Not “warhorses” from Europe or America, but familiar names from the land of the rising sun – Japan. Let’s dissect the picture of the Vietnam car market share in 2019 with Hanoi Truck to discover the hidden gems!

1. The Meaning of “Car Market Share”

Before diving into specific numbers, we need to understand what “car market share” is. Like dividing a cake, “market share” represents the proportion of the “slice” that each car manufacturer “eats” in the market. It’s not just about sales figures, but also reflects the position, appeal, and consumer trust in each brand.

2. Vietnam Car Market Share 2019: The Japanese “Big Three” and Surprises

In 2019, the Vietnamese car market welcomed more than 355,000 passenger cars, of which the three giants Toyota, Honda, and Mazda captured nearly 60% of the market share.

• Toyota: Still the “undefeated” name with over 28% market share. Like a seasoned sumo wrestler, Toyota always holds a steady lead thanks to its diverse product range, durability, and widespread dealer network.
• Honda: Close behind with about 17% market share, Honda scores with models featuring youthful and dynamic designs, catering to the tastes of younger customers.
• Mazda: Rising strongly with nearly 13% market share, Mazda created a big surprise in 2019. The captivating KODO design language and advanced Skyactiv technology have helped Mazda win the hearts of many discerning customers.

Besides the Japanese “Big Three”, the Vietnamese car market in 2019 also witnessed the rise of South Korean brands like Hyundai and Kia with impressive growth.

3. Car Market Share 2019: A Spiritual and Feng Shui Perspective

In East Asian beliefs, choosing a car is not just about a means of transportation, but also a feng shui item that affects the owner’s fortune and destiny.

According to feng shui expert Alistar Wong (hypothetical), author of the book “Cars and Feng Shui” (hypothetical), choosing a car color and license plate that matches the five elements and the owner’s destiny will bring good luck and fortune. For example, people with the Metal element should choose white or silver cars; people with the Water element should choose blue or black cars…

Choosing a car color according to feng shui

4. Frequently Asked Questions about Vietnam Car Market Share 2019

• Did the Vietnamese car market grow in 2019 compared to 2018?
  • Although the Japanese “Big Three” and Korean car manufacturers recorded positive growth, the Vietnamese car market in 2019 saw a slight decrease compared to 2018.
• What are the reasons for the growth of Japanese car brands?
  • Besides factors related to products, the quality of after-sales service and a widespread dealer network are also major competitive advantages of Japanese car manufacturers.
• Can domestic car manufacturers compete with foreign giants?
  • Despite many difficulties, domestic car manufacturers like VinFast are striving to rise by investing heavily in technology, design, and product quality.

5. Learn More About the Car Market

Want to update more information about the car market? Visit related articles on Hanoi Truck:

• Learn about car loan interest rates in 2019
• Explore the price of Mitsubishi Xpander

Conclusion

The Vietnamese car market in 2019 closed with its own marks. The race for market share continues to be dramatic and unpredictable. Will the Japanese “Big Three” continue to maintain their position in the future? Or will there be “dark horses” making spectacular breakthroughs? Let’s wait and see with Hanoi Truck!

Vietnam Car Market 2019

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