A series of cars increase prices in Vietnam
In the first three months of 2022, Ford, Kia, Toyota, Lexus, and Suzuki increased the selling prices of products due to the supply of components and their own policies.
Car price increase is not a strange phenomenon in the Vietnamese auto market. But if before, the price adjustment was usually only a certain company at a time, then in the first three months of 2022, up to 5 companies announced the same price increase compared to 2021. Most of the firms and agents The reason for the price increase is the lack of supply of components for assembled cars as well as the supply of imported cars.
Below is a summary of the price increase models of manufacturers in Vietnam:
Ford
At the beginning of January, Ford announced new prices for two key models of the company, including locally assembled Ranger and imported Everest. Specifically, Ranger increased in price by 12 million dong in a series of versions. The price of the car is currently at 628-937 million VND.
Ranger at its factory in Hai Duong. Image: Ford VN
Similar to Ranger, Everest also increased by 12 million dong, only the Titanium 4×4 version increased by 13 million. The price of Ford Everest from 2022 is set at 1,193-1,412 billion VND.
Thus, only Ranger Raptor and EcoSport do not increase the price. Particularly in the case of EcoSport, the company did not increase the price because this model is no longer part of Ford’s business plan in Vietnam.
Since the end of February, Ford dealers have stopped accepting orders for B-sized CUV models, EcoSport. The American joint venture also confirmed the death of this model in Vietnam and there will be other products to replace it but did not specify which segment. While some Ford dealers are preparing to receive Territory deposits, the C-sized CUV model competes with CX-5, CR-V, and Tucson.
That
After Ford, it’s your turn Kia increases product prices. However, the brand distributed by Truong Hai only increased prices in the three most popular car models in Vietnam, including Sonet, Seltos and K3.
Sonet at a Kia dealership in Hanoi. Image: Luong Dung
Kia’s new price Sonet from February is 554-624 million, an increase of 10 million compared to before 2022. Seltos model increased by 5 million in all three versions, to 639-749 million.
Kia K3 entered a new generation with strong upgrades in exterior, interior, and attraction remained the best in the C-size sedan segment. K3 also increased its price from February at 5 million for the 1.6 Premium version and 10 million. version 1.6 Luxury. The price of Kia K3 is currently 639-669 million VND.
Suzuki
There are three Suzuki models increase in price from April. Specifically, the increase of B-size sedan, Ciaz is 6 million, to 535 million. Swift new price 560 million, up 10 million compared to before.
Small MPV series, Suzuki Imported Indonesian Ertiga also increased in price. However, only the automatic version AT increased, at 9 million, to 569 million. The MT version of Ertiga is still priced at 500 million VND.
XL7 2022 at a Suzuki dealer in Ho Chi Minh City. Image: Dong Truong
Suzuki XL7, the best-selling model of the Japanese company, increased by 10 million, to 600 million.
Toyota
Information Toyota car prices increase confirmed by the company to apply from the beginning of May. Dealers have also informed customers of the increase, with some suggesting that customers buy cars early to avoid extra costs.
A model of Corolla Cross rolling in Hanoi. Image: Minh Quan
In which, three imported models: Land Cruiser Prado, Land Cruiser, Alphard with sales accounting for a small amount in the company’s product structure, increased the most, VND 40 million. The least increase is the Vios flagship sedan, 5 million. Toyota price Vios from May will apply a new level of 483-635 million.
Toyota is the company with the largest and most diverse product portfolio in Vietnam. The models that keep their old prices from May are Wigo, Corolla Altis, Hilux, Rush, Avanza Premio, Veloz Cross, Fortuner.
Lexus
Luxury car company Lexus, belonging to Toyota, is also about to increase the selling price from 1/5 for many lines. There are three models LS, IS and NX that did not increase in price in this adjustment of Lexus.
Luxury MPV model LM 350. Photo: Lexus
Lexus Vietnam confirms the price increase but has not given specific numbers. However, dealers have informed customers with an increase of 70 million VND for the two models LM and GX, 60 million for the RX 350, 50 million for the RX 300.
The model that increased the least is the Lexus ES, at VND 40 million, to VND 2.59-3.1 billion. Lexus is currently the only luxury car company to increase its selling price as of April.
Pham Trung
at Blogtuan.info – Source: vnexpress.net – Read the original article here
