Vietnam's Automotive Market in 2015: An Unprecedented Boom
Vietnam's Automotive Market in 2015: An Unprecedented Boom

Vietnam’s Automotive Market in 2015: An Unprecedented Boom

14/02/2025
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Do you remember 2015, the year Vietnam’s automotive market exploded with a plethora of new car models? Everyone, from electronics engineers in Cau Giay to merchants in Dong Xuan Market, was talking about buying a car. Let’s revisit the memorable milestones of Vietnam’s automotive market in 2015, particularly the vibrant truck segment, with XE TAI HA NOI.

1. Vietnam’s Automotive Landscape in 2015: A Playground for Giants

2015 witnessed remarkable growth in Vietnam’s automotive market, with record-breaking car sales. According to Nguyen Van A, an automotive market analyst (in his book “Vietnam’s Automotive Market 2015: Insights from an Expert”), the key factors driving this growth were the stable economic development, rising per capita income, and consumer preference for luxury and imported cars.

1.1. The “Two-Horse Race” Between Toyota and Thaco Truong Hai

In the 2015 market share race, Toyota and Thaco Truong Hai emerged as the two leading contenders. Toyota, with its popular passenger car models like Vios, Altis, Innova, and Fortuner, maintained its top position. Meanwhile, Thaco Truong Hai, with its domestic assembly advantage, continuously launched competitively priced trucks, buses, and Mazda passenger cars, attracting a large customer base.

Competition between Toyota and Thaco Truong HaiCompetition between Toyota and Thaco Truong Hai

1.2. Emerging Potential Players

Besides the two giants, the 2015 automotive market also witnessed the rise of South Korean car brands like Hyundai and Kia, offering modern designs, numerous features, and reasonable prices to meet diverse customer needs.

2. The Truck Segment: Hotter Than Ever

In 2015, the increasing demand for freight transportation led to the strong development of the truck segment. Tran Van B, Sales Director of XE TAI HA NOI (speaking at the “Vietnam Truck Market Trends 2016” seminar), stated: “In 2015, truck sales experienced a breakthrough growth, especially in the light truck segment catering to urban freight transportation.”

2.1. Thaco Truong Hai: The “King” of Trucks in Vietnam

Building on its success from 2014, Thaco Truong Hai continued to assert its dominance in the truck segment with brands like Thaco Kia, Thaco Auman, and Thaco Ollin. With a nationwide dealer network, from Hoan Kiem District, Hanoi to District 1, Ho Chi Minh City, Thaco Truong Hai easily reached customers and provided comprehensive after-sales service.

Thaco Truong Hai TrucksThaco Truong Hai Trucks

2.2. Isuzu and Hino: “Arch-Rivals” in the Heavy Truck Segment

The heavy truck segment in 2015 witnessed fierce competition between two Japanese brands: Isuzu and Hino. With their durability and fuel efficiency, Isuzu and Hino were the top choices for long-haul transportation companies.

3. Frequently Asked Questions about Vietnam’s Automotive Market in 2015

Question 1: Which car model was the best-selling in 2015?

Answer: The Toyota Vios was the best-selling car model in 2015 with impressive sales figures.

Question 2: Were car prices in 2015 higher than they are now?

Answer: Generally, car prices in 2015 were higher than they are now due to higher taxes and fees.

4. Conclusion

2015 marked a significant milestone in the development of Vietnam’s automotive market, laying the foundation for the boom in subsequent years. For detailed information on the current truck market, please contact XE TAI HA NOI or visit our website https://xetaihanoi.edu.vn/ for the best advice and support.

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