A-class car sales in July: 'Who' is number 1, 'who' is plummeting?

Sales of the A-class car segment in July 2022 recorded a general decline and many changes when some car models stopped selling in Vietnam. In the segment, Hyundai Grand i10 was the only name that maintained growth momentum.

Despite announcing it would stop accepting orders from July 2022, VinFast Fadil's sales still top the A-class car segment. Photo: VinFast.

According to sales reports from the Vietnam Automobile Manufacturers Association (VAMA), VinFast and TC Motor, A-class car sales in July 2022 are witnessing a general decline as some models are discontinued. The market in July only recorded growth in the Hyundai Grand i10 model, while its rival Kia Morning saw a nearly 50% drop in sales compared to June.

Despite announcing the suspension of orders from July 2022, VinFast Fadil sales still top the A-class car segment with 766 cars delivered to customers.

Second place belongs to Hyundai Grand i10 with 634 cars, this is also the only model in the A-class car group that recorded an increase in sales last month, an increase of 199 cars. Currently, Hyundai Grand i10 is a new generation car model with many impressive changes in interior and exterior design. The car is sold in 6 versions and the prices for the versions in the Vietnamese market announced by TC Motor in August range from 360-455 million VND. Customers who buy this car model will receive a 50% discount on registration fees.

The new generation Grand i10 has the largest size compared to other models in the same A-class segment. Photo: TC Motor.

Although competition has decreased as some competitors in the same segment "withdrew" from the market, Kia Morning sales recorded a decrease of 114 vehicles compared to the previous June. Since the launch of two new versions, X-line and GT-line, in November 2020, Kia's small car model has not had any design innovations. Currently, Kia Morning 2022 in Vietnam has 6 versions sold with prices ranging from 304-439 million VND.

The last position on the A-class car sales chart in July 2022 belongs to the Honda Brio model with only 14 cars delivered to consumers, a decrease of 143 cars compared to June. Currently, Honda Brio has stopped selling in the Vietnamese car market for many months now, these are only the remaining cars in stock and are sold at preferential prices.

At present, Vietnamese people have very few choices when it comes to small, cheap cars, with only two Korean models. Meanwhile, recently, cheap sedan models that are only slightly more expensive than A-class cars but have eye-catching appearances, many improvements, and spacious cabins are becoming more and more popular with impressive sales growth over many months.