Mazda CX-5 2.5 single-wheel drive version increases price by 20 million in Vietnam

Truong Hai has just announced 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 no price change, while the 2.5 2WD version has increased by 20 million.

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 rushed 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 placing orders 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 (for example red) or get the 2.5 AWD version will have to wait a long time, possibly close to or after Lunar New Year.

The number of cars produced cannot meet customer demand, which also leads to sales tactics of dealers. For dealers who buy outright and sell in batches, 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.

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 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 of about 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.