AUTO SALES HIT YEAR-TO-DATE HIGH IN NOVEMBER

November auto sales hit 2025 high, with imported vehicles outpacing local assembly - PHOTO: LH

HCMC – Vietnam’s auto market recorded its strongest performance of the year in November, with sales by members of the Vietnam Automobile Manufacturers Association (VAMA) reaching 39,338 units, the highest monthly total so far in 2025.

According to VAMA, November sales rose 4% from October. Passenger car deliveries climbed 5% to 28,557 units, while commercial vehicle sales edged up 1% to 10,273 units. Sales of special-purpose vehicles slipped 3% to 488 units.

Domestic vehicle production showed stronger month-on-month growth. Sales of locally assembled vehicles increased 7% to 18,370 units, compared with a 1% rise in completely built-up imports. However, imported vehicles continued to dominate overall sales, accounting for 20,968 units in November.

This marked the ninth consecutive month in which imported vehicles outsold domestically assembled models among VAMA members.

In the first 11 months of the year, VAMA members sold nearly 328,670 vehicles, up 6.5% year-on-year. Passenger car sales declined by a slight 1%, while commercial vehicles rose 29% and special-purpose vehicles surged 70%.

Sales of locally assembled vehicles fell 3% to 155,417 units over the period, while imports increased 17% to 173,252 units, reinforcing a consumer preference for imported models. The figures do not cover the entire market, as some manufacturers, including VinFast and Hyundai, report sales separately.

Hybrid vehicles also gained traction. VAMA reported sales of 1,340 hybrid cars in November, bringing total hybrid sales in the first 11 months to 12,522 units, up 49% from a year earlier.

Source: The Saigon Times