Korean car manufacturers are competing to lower prices.

Following THACO Truong Hai's significant price reductions for Kia, Hyundai Thanh Cong has also just introduced subsidies of up to 50 million VND for its SantaFe, Elantra, and Avante models.

Previously, THACO Truong Hai announced price reductions for its car models this March, with discounts ranging from 10 to 50 million VND for Kia vehicles.

From March 15th to April 30th, Hyundai Thanh Cong is also offering discounts on three models: SantaFe, Elantra, and Avante, with reductions ranging from 20 to 50 million VND.

Specifically, the gasoline and diesel versions of the SantaFe are discounted by 50 million VND, equivalent to the price of a round-trip air ticket to America/Europe.

The Hyundai Elantra 1.6MT, 1.6AT, and 1.8AT are being offered with a discount of 30 million VND, equivalent to the price of a round-trip air ticket to Africa/Australia.

The Hyundai Avante 1.6MT and 1.6AT are discounted by 20 million VND, equivalent to a round-trip air ticket to Asia. All discounts are redeemable for cash.

In the context of a rapidly growing market, car manufacturers offering temporary price reductions to gain market share will benefit consumers when buying new cars.

According to Tien Phong Online.