Unlike many cars being discounted to boost sales during the Lunar New Year 2025, some imported models have seen price increases by distributors since the beginning of the year, surprising many consumers. Notably, the Honda Civic Type R has witnessed a significant price hike of VND 600 million.
Honda Vietnam’s official website updated the selling price of the Civic Type R to VND 2.999 billion in early January 2025, a substantial increase compared to its previous price. This sports model, imported directly from Japan, is not readily available at dealerships. Customers need to place a deposit and wait for delivery, making it highly sought-after since its official import.
Globally, the Honda Civic Type R hasn’t received any upgrades or updates, yet it remains one of the highly-rated sports cars by experts and consumers alike, given its price point.
GAC Motor also announced a price adjustment for the GAC M6 Pro from 2025, as previously disclosed. Specifically, the 1.5T GS and 1.5T GL versions both increased by VND 51 million, now priced at VND 750 million and VND 850 million, respectively. This model is imported from China and distributed in Vietnam by TC Services, a member of the Tan Chong Group.
Notably, Toyota has adjusted the prices of its imported models, with the Alphard MPV seeing the most significant increase. The pearl white and golden brown colors are now VND 4.53 billion for the regular version and VND 4.635 billion for the HEV, a VND 149 million increase. The black color option has also been adjusted, with a VND 140 million price hike.
Meanwhile, the large SUV models, Land Cruiser LC300 and Land Cruiser Prado, saw a VND 9 million increase for the pearl white color option, now priced at VND 4.306 billion and VND 3.5 billion, respectively. Toyota Hilux and Corolla Cross experienced a VND 8 million increase for the red color option, matching the price of the pearl white choice.
Toyota Vietnam also adjusted the price of the Innova Cross, adding VND 15 million to both versions. This Indonesian-imported MPV is now priced at VND 825 million for the regular version and VND 1.005 billion for the HEV. The pearl white color option remains VND 8 million more expensive than the other colors.
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“Industry expert, Duan Anh Dung, posits that GAC’s entry strategy into the Vietnamese market may not be entirely on point, but a pricing breakthrough for their flagship MPV, backed by Tanchong, could see sales figures soar.”
