Hatchback car priced at over 200 million VND causes 'chaos' in the market

In November 2017, Perodua - Malaysia's largest domestic car manufacturer - introduced the low-cost car model Perodua Myvi in ​​this market. In Malaysia, Perodua Myvi 2018 will have up to 5 different variants along with 2 engine capacities of 1.3L and 1.5L.

The all-new Perodua Myvi 2018 hatchback is on sale in Malaysia, with prices starting from just RM44,300. The top-of-the-line version of this budget small car is also priced at just RM55,500.

Not only has an attractive price, Perodua Myvi 2018 also attracts customers with its beautiful appearance and highly appreciated interior. This car model has a modern exterior, similar to the Toyota Wigo model that was just launched in Vietnam at the Vietnam Auto Show 2017 and owns the most advanced technology and safety equipment.

Perodua Myvi 2018 is a formidable competitor of Toyota Vios in Malaysia. But the current selling price of Toyota Vios is quite high, from 74,980 RM (about 423 million VND) for the lowest version. This price is twice as expensive as Perodua Myvi 2018. Therefore, Perodua's cheap hatchback is very popular in this country.

After just one day of launch, the car received 6,000 orders. In January 2018 alone, 48,000 people placed orders and 20,000 Perodua Myvi 2018 cars were delivered to customers.
Entering February 2018, orders increased dramatically, many customers wanted to receive their cars in the new year.

At the beginning of the new year 2018, many low-cost car models were launched, attracting the attention of consumers.
At the end of January, Datsun - Nissan's low-cost car brand - launched its first crossover model in Indonesia called Datsun Cross. The new crossover model is called Datsun Cross. This crossover model has enough space for 7 people and is priced from only 280 million VND.
Previously, Datsun launched two small, low-cost cars with beautiful designs and priced at only 127 million VND in the Indian market.

In mid-January, Hyundai also launched a new version of the Hyundai Verna B-class sedan (also known as the Hyundai Accent sedan) in the Indian market, with a super cheap price, starting from only 250 million VND.
On January 13, Kia Motors also launched the Picanto X-Line version in the UK market. This hatchback model costs 12,595 pounds, equivalent to 388 million VND.
Previously, Kia introduced the Morning 2018 model in the Malaysian market under the name "Picanto", with many design upgrades and especially it has a 'super cheap' price, only 264 million VND.