Demand for toyota yaris hybrid in Vietnam

Automotive industry in Vietnam is a fast growing sector, mainly reliant on domestic

sales. All currently produced models are designed abroad by foreign brands, and
many rely on knock-down kit production. Due to high import taxes on automobiles,
the Vietnamese government protects domestic manufacturing. Although Vietnam is
a member of the ASEAN Free Trade Area, automobile imports fall under an
exception. Since January 1, 2018, the 30% import tax has been discontinued as part
of ASEAN agreements. Currently, the Vietnamese motor industry is not deemed
competitive enough to make exports feasible. As of April 2018, 85% of car sales in
Vietnam were produced domestically from CKD kits.

Toyota Yaris is launched in Vietnam in first week of August, the car has come with loaded
features and most of the features are compatible in Vietnam’s automobile market and is
coming up with 1.8 L of diesel engine .

TOYOTA YARIS HYBRID. (Price- 633 million)

Top Speed 160 kmph

Mileage City 12

Fuel Type Petrol

Mileage Highway 18.9

Acceleration 9.5 s

Power 84 hp

Engine Displacement 1299

Torque 121 Nm
We will now compare it with some of its rival Ford Fiesta Hacthback (price- 528 dmillion)

Power110 hp
Torque140 Nm
Mileage City17.24
Mileage Highway12.98
Engine Displacement1498
Fuel TypePetrol
Top Speed165 kmph

Citroes DS 4(Price-7113 million)

Acceleration 9.9 s

240
Torque
Nm

Engine Displacement 1598

214
Top Speed
kmph

154
Power
hp

Mileage Highway 19.6

Mileage City 11.1

Fuel Type Petro

ANALYSIS :

After going through the automobile market of

Vietnam we can now say that the new model of
Toyota Yaris Hybrid would give a tough
competition to its rival and would also see a huge
demand in the market as its is giving some great
features in the given market price .