Mitsubishi Motors' Xpander Drives Record Sales in Vietnam for Second Straight Year
48,096 vehicles
19,731 units
14.9%
What Happened
Mitsubishi Motors Vietnam reported record retail sales of 48,096 vehicles for fiscal year 2025, an 11.7% increase from the previous year. The company's market share rose to 14.9%, up 1.6 percentage points, amid steady growth in the Vietnamese automotive market.
- 48,096 (FY2025) vs 43,067 (FY2024)
- 14.9% (FY2025) vs 13.3% (FY2024)
“For more than three decades, Mitsubishi Motors has been privileged to play a part in the growth of Vietnam's automotive industry. We are grateful for the confidence our customers have placed in us, built on our model lineup tailored to the ASEAN market and strong dealer network.”
Why this matters
The record sales and expanding market share underscore Mitsubishi's strong position in Vietnam's growing automotive market, with the Xpander leading the ICE segment and new models like the Destinator gaining traction.
Terms in This Story
- ICE
- Internal combustion engine, a traditional engine that burns fuel to power a vehicle.
- MPV
- Multi-purpose vehicle, a type of car designed for carrying passengers and cargo with flexible seating.
- C-SUV
- Compact SUV, a small sport utility vehicle typically based on a compact car platform.
- ASEAN
- Association of Southeast Asian Nations, a regional organization promoting economic and political cooperation among Southeast Asian countries.
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