Mazda CX-5 2.5 single-wheel drive version increased in price by 20 million in Vietnam
The CX-5 2.5 2WD version increased from 949 to 969 million, customers have to wait for cars in batches because the factory cannot produce in time.
Truong Hai has just announced the new prices for January 2018 for its products, adjusting the CX-5 in different ways for three versions. Compared to December 2017, the 2.0 2WD version has decreased by 20 million, the 2.5 AWD version has remained unchanged in price, while the 2.5 2WD version has increased in price by 20 million.
| Version | Price T11 | Price T12 | Estimated price T1 | Actual price | Change T1 compared to T12 |
| 2.0 2WD | 879 | 889 | 859 | 869 | -20 |
| 2.5 2WD | 939 | 949 | 939 | 969 | +20 |
| 2.5 AWD | 989 | 999 | 989 | 999 | 0 |
Unit:million dong
When launching the CX-5 in November 2017, Truong Hai announced the expected price for January 2018, but in reality, all prices were adjusted higher than expected. The company's representative said that the price increase of the CX-5 2.5 2WD was due to the fact that the amount of components from Japan by sea could not be delivered in time, so it had to be accelerated by air, so the price increased.
Meanwhile, dealers all said the 2.5 2WD version increased in price because "there are no cars to deliver". This is the best-selling version, accounting for the majority of CX-5s sold, the number of customers ordering is exceeding the factory's supply capacity.
Supply exceeding demand, pushing up prices, is a common phenomenon in the auto market. The 2.5 AWD version is less popular so it remains unchanged, while the lowest priced 2.0 2WD version should be reduced in the hope of attracting more customers.
Truong Hai's factory in Chu Lai (Quang Nam) is focusing on producing the 2.5 2WD version in popular colors. Customers who want to buy less popular colors (e.g. red) or get the 2.5 AWD version will have to wait a long time, maybe close to or after Lunar New Year.
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The new generation Mazda CX-5 was launched in Quang Nam in November 2017. Photo:Dac Thanh |
The number of cars produced cannot meet the demand of customers, which also leads to the sales tactics of the dealers. For dealers who buy and sell in installments, not belonging to the Truong Hai system, in many places, customers need to pay an additional 20 million to get a car early. On the contrary, an employee of Mazda Giai Phong (Hanoi) said that the dealer invested by Truong Hai sells at the right price, in return, customers have to wait for the goods to arrive in batches. The waiting time can be from several weeks to a month.
The Mazda CX-5 2018 was launched in Vietnam in mid-November 2017, with three versions similar to the previous one. The car has adjusted design, added some equipment and a price 60-70 million higher than the 2017 version. The new price of the CX-5 is in the mid-range compared to competitors in the segment.
Honda CR-V imported from Thailand has not announced the official price, the highest version is 1.1 billion, but with the number of cars imported to the country at the end of 2017 about more than 700 cars, the price may be higher than 1.1 billion due to the 30% import tax. Hyundai Tucson produced in Ninh Binh is currently priced more reasonably, 760-890 million. X-Trail produced in Da Nang is priced at 852-986 million.
