Three cheap car models are about to hit Vietnam in 2018

Toyota Wigo, Suzuki Celerio and Honda Jazz are prominent small car models that will enter the Vietnamese market from early 2018, when import tax from ASEAN is 0%.

2018 is considered a pivotal year for the Vietnamese car market, with the rise of low-cost car models. The middle class who are currently using motorbikes is expected to have the opportunity to buy cars priced at just over 300 million VND, imported completely, with quality equivalent to that of the region.

From big companies like Toyota, Honda to smaller companies like Suzuki, all are "bustling" to prepare to bring A and B class cars to Vietnam to catch up with the trend. Below are three small car models that were just introduced at the Vietnam Motor Show 2017, expected to be sold in the market from early 2018.

Toyota Wigo

Toyota is the most popular car brand in Vietnam, but the Japanese car company does not have any truly cheap cars. Toyota's cheapest car on the market today is the Vios, a B-class sedan.

Toyota Wigo is a cheap car model that is expected in Vietnam.

Therefore, the news that Toyota imports Wigo, a hatchback model in class A, for sale in Vietnam is good news for many users. This will be a formidable competitor to Kia Morning, Hyundai Grand i10, Chevrolet Spark.

There are sources saying that Wigo costs just over 300 million VND in Vietnam, while this car line is being sold from 132 million rupiah in Indonesia (equivalent to 226 million VND).

Suzuki Celerio

Another model joining the A-segment in Vietnam is the Suzuki Celerio. This model is imported from Thailand and will be sold in Vietnam from early next year. Suzuki has not yet announced the price for this model, however, in the Thai market, the Celerio is priced from 363,000 baht (249 million VND).

Suzuki Celerio has a pretty good body quality for the price.

Celerio is equipped with a 1.0L engine, 68 horsepower, 89 Nm torque, integrated with automatic engine shutdown technology when stopping the car. 5-speed automatic transmission and front-wheel drive system.

In reality, this car model has a rather sturdy body design, not as soft and flimsy as the Hyundai Grand i10. The interior is basic, the trunk is quite spacious.

Celerio is a suitable choice for urban families who want a cheap car to protect them from the rain and sun, go to work every day or go on weekend picnics.

Honda Jazz

Located in the B-segment with Toyota Yaris, Honda Jazz is the first hatchback model distributed by the company in the Vietnamese market. The car started selling from the beginning of 2018 with an undisclosed price. This car line is imported completely from Thailand.

Honda Jazz will compete with Toyota Yaris in the B-class hatchback segment.

The lowest price of Jazz for the S version, using manual transmission is 555,000 baht (380 million VND). The highest version is RS+, priced at 754,000 baht (517 million VND).

Honda Jazz uses a 1.5L i-VTEC engine combined with a CVT transmission for a maximum capacity of 118 horsepower at 6,600 rpm, maximum torque of 145 Nm at 4,600 rpm. Combined fuel consumption is about 5.6L/100 km.

According to Zing