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After adjustments to the price list of car manufacturers, the cheapest name in each car segment in the Vietnamese market has changed.
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| After the price adjustment, the manual version ofKia MorningCurrently listed at 349 million VND, it is the most accessible price in the A-class car segment. Besides this version, Kia Morning in Vietnam also has versions using automatic transmission with listed prices ranging from 371 million to 424 million VND. After 11 months of 2023, Kia Morning achieved sales of 1,367 vehicles, which is lower than the sales of Toyota Wigo (1,457 vehicles) even though the competitor has only been on sale since mid-year. |
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| With a starting price of 380 million VND for the manual transmission version,Mitsubishi Attrageis the car model with the lowest selling price in the B-class sedan segment. In addition, Mitsubishi Attrage also has 2 other versions for Vietnamese customers to choose from: CVT and CVT Premium, with listed prices of 465 million and 490 million VND respectively. Despite its price advantage, Mitsubishi Attrage is not a B-class sedan that receives much attention in the Vietnamese market. After 11 months of 2023, sales of the Thai-imported sedan stopped at 4,495 vehicles, equivalent to nearly 409 vehicles/month. |
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| Right at the beginning of the new year,Toyota RaizeThe company has adjusted the listed price to 498 million VND, making this A+ class SUV the cheapest name in the segment at the present time. Toyota Raize has only one version in the Vietnamese market with many color options. This monotony is said to be part of the reason why Toyota Raize lacks competitiveness and is easily outdone by Kia Sonet (3 versions, selling price 519-574 million VND) or the rookie Hyundai Venue which has 2 versions with the same listed price 539-579 million VND. After 11 months of 2023, Toyota Raize achieved sales of 4,234 vehicles, an average of nearly 385 vehicles/month. |
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| As the only hybrid-powered model in its segment,Suzuki Ertiga HybridIt is also the name with the most accessible price in the small MPV group in Vietnam. The selling price of Ertiga Hybrid MT version is currently at 538 million VND, while the AT version of this MPV model is priced at 608 million VND. However, Suzuki Ertiga Hybrid is not really popular with Vietnamese customers when after 11 months of 2023, sales of this MPV model temporarily stopped at 809 vehicles, an average of more than 73 vehicles/month. |
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| With a starting price of 524 million VND,Mazda CX-3is the cheapest model in the B-class SUV segment in the Vietnamese market. Currently, Vietnamese customers have up to 4 Mazda CX-3 versions to choose from with prices ranging from 524 million to 644 million VND. Despite its attractive price, the Mazda CX-3 still struggles in the Vietnamese market with sales in the first 11 months of 2023 reaching 1,294 vehicles, lower than the 1,521 vehicles sold by its "brother" the Mazda CX-30 in the same period. |
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| Although not the best-selling model in the segment,Mazda BT-50is the name with the most accessible price in the pickup segment in the Vietnamese market. The listed price of Mazda BT-50 after the latest adjustment now starts at 554 million VND for the MT version and 614 million VND for the version using automatic transmission. In the pickup segment, the Mazda BT-50 is the third best-selling model with cumulative sales after 11 months of 2023 at 750 vehicles, behind the Ford Ranger (14,173 vehicles) and Mitsubishi Triton with 2,020 vehicles in the same period. |
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| September 2023, MG brought backNew MG5With a listed price of only 399 million VND for the manual transmission version, this model becomes the cheapest name in the C-class sedan segment. Previously, the MG5 versions in Vietnam were always mentioned as the C-size sedan with the most accessible price in the segment. The British car company places the New MG5 in the C-class sedan segment due to its similar size, but in terms of price, the imported car from China will compete directly with A-class cars on the market such as Hyundai Grand i10, Toyota Wigo or Kia Morning. |
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| Also in September 2023, MG introducedMG RX5starting price of 739 million VND for STD version and 829 million VND for Lux version. With the above starting price, MG RX5 has replaced Mazda CX-5 to become the cheapest model in the C-class SUV segment in the Vietnamese market. The MG RX5 is not sold in China but is developed for other markets such as Egypt or Mexico. Vietnam is also the first Southeast Asian country where MG brings this C-class SUV to market. |
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| Although the two new recruits Hyundai Custin (850-999 million VND) and Toyota Innova Cross (810-990 million VND) are considered to have attractive prices in the segment,Toyota InnovaUp to now, it is still the cheapest mid-size MPV in the Vietnamese market. Toyota's familiar MPV model in Vietnam currently has only version 2.0E with starting price of 755 million VND. After 11 months of 2023, Toyota Innova's cumulative sales were 1,727 vehicles, equivalent to an average of 157 vehicles/month. |
