Honda City reduced by 10 million from today (January 3)
Honda's B-class sedan model has its listed price adjusted by 5 million and 9 million depending on the version, applicable immediately in 2018.
Honda Vietnam has just announced price adjustments for the City line in early 2018. Specifically, the Honda City CVT costs 559 million VND, while the 1.5TOP version costs 599 million VND, a reduction of 9 million and 5 million VND respectively compared to the old price, effective from now (January 3).
City is currently the only domestically assembled car model of Honda Vietnam. The car uses a 1,497 cc engine, so it is subject to a new special consumption tax rate of 35% instead of 40% as before.
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| Honda City price reduction from January 2018. |
Thus, Honda is the next car company to apply new prices in 2018. Meanwhile, other brands in the market with competing products in the same segment such as Toyota, Mazda... have announced 2018 prices and applied them since the end of last year.
Most car manufacturers in Vietnam have reduced car prices in 2018. In the B-class sedan segment, Toyota Vios has reduced prices by 48-58 million depending on the version and applied from November 2017. Nissan Sunny has reduced prices by 35 million and 50 million, applied from December 2017.
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| Honda City has the second best sales in the B-sedan segment. |
In the sales race in this segment, Toyota Vios takes the lead, even the best-selling in the market. The second place belongs to Honda City. After the upgraded version, the sales of this sedan line increased significantly. Compared to competitors in the segment, Honda City is also a car line with many top-notch amenities.
By the end of November 2017, Honda City sold a total of 6,366 cars, an increase of more than 25% compared to the same period last year, even surpassing the total sales of 12 months of 2016. Thanks to the upgrade in the middle of last year, Honda's car model has become more popular.
