**Kia Announces Price Adjustments for Sonet, Carnival, and Carens Effective May 1, 2024**
Effective May 1, 2024, Kia Motors Corporation has announced price adjustments for its Sonet, Carnival, and Carens models in Vietnam. The revised prices are as follows:
Model
Version
Old Price (VND)
New Price (VND)
Difference
Sonet
Kia Sonet 1.5 Deluxe
519 million
524 million
+5 million
Kia Sonet 1.5 Luxury
549 million
554 million
+5 million
Kia Sonet 1.5 Premium
574 million
584 million
+10 million
Carnival
Carnival 2.2D Luxury (8S)
1,179 billion
1,189 billion
+10 million
Carnival 2.2D Premium (8S)
1,269 billion
1,279 billion
+10 million
Carnival 2.2D Premium (7S)
1,309 billion
1,319 billion
+10 million
Carnival 2.2D Signature (7S)
1,389 billion
1,409 billion
+20 million
Carnival 3.5G Signature (7S)
1,759 billion
1,759 billion
Unchanged
Carnival 2.2D Luxury (7S)
1,169 billion
1,189 billion
+20 million
Carnival 2.2D Signature (Without sunroof – 7S)
1,349 billion
1,359 billion
+10 million
Carens All New
Carens 1.5G IVT
624 million
634 million
+10 million
Carens 1.5G MT Deluxe
589 million
589 million
Unchanged
Carens All New 1.5G IVT (with brake assist)
626 million
636 million
+10 million
Carens 1.5G Luxury (new)
664 million
664 million
Unchanged
Carens1.4T Premium
725 million
735 million
+10 million
Carens 1.4T Signature (6S)
769 million
779 million
+10 million
Carens 1.4T Signature (7S)
764 million
774 million
+10 million
According to THACO representatives, the price adjustments are a result of foreign exchange rate fluctuations, particularly the increase in the value of the US dollar, which has driven up the cost of imported components.
As a result of the adjustments, the latest Kia Sonet prices for May are higher by 5-10 million VND compared to the previous month. The Kia Sonet now has a starting price of 524 million VND for the 1.5 Deluxe version. The top-of-the-line Kia Sonet 1.5 Premium has a new price of 584 million VND, an increase of 10 million VND.
Kia Sonet
The Sonet is currently Kia’s best-selling model in Vietnam. According to the Vietnam Automobile Manufacturers Association (VAMA), the Kia Sonet sold 1,889 units in the first quarter of 2024. It is also the best-selling A-segment SUV in Vietnam today.
For the Kia Carnival, only the 3.5-liter gasoline-powered version retains its price of 1,759 billion VND. All other variants have new prices that are 10-20 million VND higher than before.
Kia Carnival
The Kia Carnival 2.2D Luxury 7-seater and 8-seater variants have seen price increases of 20 million VND and 10 million VND, respectively, to 1,189 billion VND. The top-of-the-line Kia Carnival 2.2D Signature 7-seater now has a price of 1,409 billion VND, 20 million VND higher than before.
Despite the price hike, the Kia Carnival remains one of the most popular MPVs in Vietnam. Sales of the Kia Carnival have even surpassed many cheaper MPVs. In the first quarter of 2024, a total of 1,105 Kia Carnival units were sold. In the MPV segment, the Kia Carnival is second only to the Mitsubishi Xpander and Suzuki XL7 in terms of sales.
For Kia Carens models, the diesel-powered variants have been discontinued, with THACO only keeping the 1.5L and 1.4L turbocharged gasoline-powered variants.
Kia Carens
The starting price of the Kia Carens for May 2024 remains unchanged as the lowest manual transmission variant’s price has not been adjusted. Additionally, the 1.5G Luxury variant also maintains its price. However, all other variants have received price increases of 10 million VND.
According to VAMA, THACO sold a total of 2,524 Kia vehicles in March 2
