Vietnam Auto Sales Surge in 2019

“In 2019, I remember my father and I visited countless truck dealerships on Nguyen Van Linh Street in Long Bien District, searching for a Hyundai HD72. The market was booming; trucks sold out as soon as they arrived…” Mr. Quang, a loyal customer of Thaco Truong Hai truck dealership on Pham Van Dong Street, recounted with a smile. Indeed, the 2019 auto sales figures tell a compelling story, vividly reflecting the vibrant Vietnamese auto market at that time.

Vietnam’s Auto Market in 2019: The Numbers Speak for Themselves

2019 witnessed impressive growth in Vietnam’s auto market. According to the Vietnam Automobile Manufacturers’ Association (VAMA), total market sales reached 400,000 vehicles, a 10% increase compared to 2018.

The Truck Segment: Still the Golden Goose

The truck segment continued to assert its position as the “golden goose,” with sales exceeding 80,000 units, accounting for over 20% of the market share. This growth stemmed from the ever-increasing demand for freight transportation fueled by the booming e-commerce sector. Light and medium trucks were the most popular choices, primarily serving the needs of urban and industrial areas.

Passenger Cars: A Dramatic Two-Horse Race

The passenger car segment also recorded significant growth, with over 320,000 units sold. The fierce competition between Toyota and Hyundai continued. The Toyota Vios maintained its leading position with impressive sales figures, while the Hyundai Accent closely trailed in second place.

2019 Car Price List (Reference)

Considerations When Reviewing 2019 Auto Sales

• Sales figures are just one factor among many when evaluating a car’s appeal.
• Consider other factors such as price, features, engine, and safety features before making a purchase decision.

Frequently Asked Questions about 2019 Auto Sales

Was 2019 auto sales affected by the Covid-19 pandemic?

The Covid-19 pandemic had not yet emerged in 2019 and therefore had no impact on the Vietnamese auto market.

Which car model was the best-selling in 2019?

The Toyota Vios maintained its top position with the most impressive sales figures in 2019.

What was special about the truck market in 2019?

The increasing demand for freight transportation, particularly due to the rapid growth of the e-commerce sector, drove the growth of the truck market in 2019.

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For customers seeking to purchase trucks, contact XE TAI HA NOI for the best advice and support.

XE TAI HA NOI – Your Trusted Partner

Address: No. 1, Giai Phong Street, Hai Ba Trung District, Hanoi

Hotline: 0987.654.321

Website: https://xetaihanoi.edu.vn/

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Related Products

In addition to trucks, XE TAI HA NOI also offers a diverse range of products such as:

• Dump trucks
• Tractor trucks
• Specialized vehicles

Want to learn more about the auto market? Check out our articles on the Vietnamese Auto Market in 2019 or the Current Used Car Market.

Hyundai HD72 Truck

Dongfeng Truck Dealership

Conclusion

The 2019 auto sales figures demonstrate the dynamic growth of the Vietnamese auto market. We hope this article has provided you with valuable information. Please leave a comment below to share your thoughts on the Vietnamese auto market!