Car market growth slowed in April

Top 10 best-selling car models in April 2025 include: Vinfast VF5, Vinfast VF3, Vinfast VF6, Mazda CX-5, Ford Ranger, Ford Everest, Toyota Yaris Cross, Hyundai Creta, Mitsubishi Xpander and Honda City.

People look at car models at a car dealership in Bien Hoa city. Photo: Hai Quan

According to many car dealers in Bien Hoa city, many car companies and dealers are promoting stimulus and incentive programs to attract customers, especially after the Lunar New Year 2025, so demand increases during this period. After April, the demand for car purchases tends to decrease because many customers expect more attractive promotions or the launch of new car models in the near future, especially in the summer.

In the first 4 months of 2025, the total sales of the entire Vietnamese automobile market reached more than 101.8 thousand vehicles, an increase of 23% over the same period in 2024. When adding together the data of VAMA and the car manufacturers that announced their own sales (Hyundai and Vinfast), the entire domestic automobile market sold more than 162.4 thousand vehicles in the first 4 months of this year.

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Source: https://baodongnai.com.vn/kinh-te/202505/thi-truong-o-to-trong-thang-4-giam-nhip-tang-truong-c542f3a/