Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Companies / Vietnam

Vietnam Price War Begins

October 2006 | Industry News

A flurry of sales promotions have been introduced by carmakers in Vietnam, aiming to bolster sales before the end of the year. Some companies, such as Mekong Auto and Ford have implemented price cuts of 10-15% and 1-11% respectively. However, other incentives include a free motorbike offered by Suzuki with every car, while Toyota has doubled the mileage warranty on its vehicles from 50,000km to 100,000km and extended the warranty period from two to three years.

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