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[SITUATION] · [QUIET] · [BUSINESS]

4 clusters · 19 sources · 36 days · First seen · Last updated

Vietnam and Malaysia automotive market growth trends

Overview

By October 2026, the Vietnamese automotive and motorcycle markets showed continued growth and an increasing shift toward electrification. In the motorcycle sector, the Vietnam Association of Motorcycle Manufacturers (VAMM) reported that Q3 2026 sales reached 686,661 units, a 10.4% year-on-year increase. Honda remains the dominant player, accounting for approximately 81.2% of VAMM’s total sales.

In the automobile sector, Vietnam led the ASEAN-6 region with 31.1% growth during the first half of 2026, driven by electric vehicles (EVs). VinFast remains a major contributor; in September 2026, the company reported electric vehicle sales of 23,624 units. The VinFast VF 3 emerged as a market leader, selling 6,474 units in September, while the VF 8 led the D-SUV segment with 1,494 units.

Total automotive sales in Vietnam experienced a significant recovery in September 2026, reaching approximately 62,590 vehicles, a 22.5% increase from August. This recovery followed a seasonal dip during the lunar seventh month. VAMA members specifically accounted for 35,094 units, a 38% month-on-month increase.

While internal combustion engine models like the Toyota Yaris Cross lead in cumulative nine-month sales, hybrid technology is gaining rapid traction. The market is also seeing intense price competition in the 7-seater segment, with manufacturers such as Mitsubishi, Honda, and Toyota offering significant discounts and registration fee support. Regional trends also showed strength in Malaysia, where EV registrations in September 2026 rose 70.7% year-on-year.

Entities

Honda · Honda Vietnam · VAMA · Vietnam Automobile Manufacturers Association · Acura

Claims

What the coverage asserts, and how many sources carry each claim.

Timeline

  1. [BUSINESS] 15 sources
    Vietnam auto market rebounds in September 2026 with surge in EV and hybrid sales

    Vietnam's auto market surged in September 2026, with total sales up 22.5%. VinFast leads the recovery through strong electric vehicle sales, while hybrid models and price wars drive market activity.

  2. [BUSINESS] 3 sources
    Honda Vietnam sees automobile sales plunge while motorcycle sales rise

    Honda Vietnam experienced a 56% year-on-year drop in automobile sales in August due to high supply and competition, while motorcycle sales grew by 7.8% compared to the previous year.

  3. [BUSINESS] 4 sources
    Honda reports record hybrid sales in US and motorcycle growth in Vietnam

    Honda reports record hybrid sales in the US and strong global motorcycle growth, with Vietnam outperforming Thailand and Indonesia in Southeast Asian motorcycle market expansion.

  4. [BUSINESS] 2 sources
    Suzuki and Honda release September 2026 vehicle pricing in Vietnam

    Suzuki and Honda have updated their vehicle and motorcycle pricing for September 2026 in Vietnam, with Honda reporting a 2% year-on-year decrease in motorcycle sales for the current fiscal year.

Sources

aksam.com.tr · autonet.com.vn · autopro.com.vn · baoquangninh.vn · baoxaydung.vn · cafef.vn · congnghe.vn · dientuungdung.vn · doanhnghiephoinhap.vn · doanhnghieptiepthi.vn · en.baoquocte.vn · en.vietnamplus.vn · soha.vn · thanhnien.vn · thoibaonganhang.vn · thuonggiaonline.vn · thuonghieusanpham.vn · tienphong.vn · vietnamplus.vn

This summary has been updated 6 times: see revision history