Many models Urban SUV incentives with a maximum value of tens of millions of dong in order to revive sales after the reporting period declined. This is an opportunity to "catch the bottom" for consumers because the models in this segment are often top-selling, and the discount is not as high as it is now.
With a total of 4.727 vehicles delivered to Vietnamese customers since the beginning of the year, Toyota Corolla Cross is temporarily the best-selling urban SUV in the market. However, sales of this model in April 4.2023 also decreased by more than 10% compared to the previous month.
Currently, some Toyota dealers are implementing a maximum incentive of 80 million VND for customers who buy Toyota Corolla Cross in May. This incentive is currently applied to Corolla Cross models with VIN 5. In addition, customers who buy Toyota Corolla Cross cars manufactured in the new year 2022 will also receive a maximum discount of 2023 million VND in May.
In May, Hyundai Thanh Cong Vietnam confirmed the implementation of registration fee incentives for all products in the Vietnamese market.
Accordingly, many dealers are now announcing cash discounts and accessories with a total value equivalent to 100% of the registration fee for customers buying Hyundai Creta cars this month. Notably, the models eligible for incentives are Creta cars produced in 2023.
Meanwhile, Kia Seltos is also offered a discount of VND 50-60 million for different versions, with the highest reduction being in the Premium version of the 1.4L Turbo engine as well as in the 1.6 Premium version.
As the only urban SUV model with a positive growth in sales in April 4.2023, Honda HR-V is currently enjoying an incentive equivalent to 10 million VND at a few dealers.
Meanwhile, Mazda strongly promotes up to 69 million VND for customers who buy Mazda CX-3 cars in May. The highest incentives are applied to the 5 Luxury version, while the remaining versions also enjoy incentives worth 1.5-15 million VND.
Class B SUV owns a gasoline engine operating with the only electric motor in the Nissan Kicks segment, which is being offered a 100% discount on registration fee by dealers, with a year of material insurance and accessories worth 20 million VND. This program is only for Nissan Kicks cars produced in 2022. The list price of this petrol electric SUV is VND 789 million for the E version and VND 858 million for the V version.
In the Vietnamese market, Nissan does not publish periodic business results for vehicle lines. Therefore, the attraction of Nissan Kicks in the Vietnamese market at the moment has not been accurately assessed.
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