Honda Motorcycles Raise Prices While Competitors Cut Costs

For instance, the SH 350i saw a price increase of 2-4 million VND, reaching 145-153 million VND, depending on the version. Similarly, the SH 160 and SH 125 models both rose by 2 million VND. The SH Mode increased by 1-4 million VND, now priced between 57-67 million VND. The Vario 160 experienced a significant jump of 4 million VND, reaching 55.5 million VND. The Lead, a popular scooter among women, also saw a substantial increase of 3-4 million VND, now ranging from 41.5 to 49 million VND, depending on the version.

According to motorcycle dealerships, the price hike for Honda models is attributed to substantial discounts offered two months prior. With the year-end shopping season approaching, improved sales are expected, justifying the price increase.

While Honda raises prices, other motorcycle brands are offering discounts or promotions for the holiday season. Suzuki dealerships have reduced the price of the Satria F150 by nearly 2 million VND, bringing it down to just over 51 million VND. Yamaha has slashed the price of the Neo’S electric scooter by 15 million VND, now priced at 34 million VND. The Janus scooter has seen a 2 million VND reduction, ranging from 27 to 31 million VND, and the Exciter has been discounted by over 2 million VND, now available between 46 and 53 million VND.

Piaggio is offering a promotion equivalent to 100% of the registration fee, along with a combo of genuine gifts valued at 3.5-5.9 million VND. SYM customers receive a complimentary watch worth 2.8 million VND.