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At the beginning of May, Toyota and Lexus simultaneously increased the selling price of models

Toyota and Lexus jointly adjusted the proposed price increase for a series of their models. The reason is said to lie in the shortage of production components, causing both imported and locally assembled cars to be in short supply.

At the beginning of May, Toyota and Lexus simultaneously increased the selling price of car models - Photo 1.

In which, two locally assembled car models, Toyota Vios and Innova, increased the price by 5 – 6 million VND. Specifically, Toyota Vios still has 6 versions, listed by the Japanese car company with new prices from 483 to 630 million VND. The selling price of Toyota Innova will be 755-995 million VND, an increase of 5-6 million VND compared to before May 1st.

At the beginning of May, Toyota and Lexus simultaneously increased the price of car models - Photo 2.

In the segment of imported CBU cars, Toyota’s most popular model in Vietnam is the Corolla Cross, priced at VND 746 – 936 million, an increase of VND 16 million compared to before. The same increase is also applied by Toyota Vietnam with Toyota Yaris model imported from Thailand. The selling price of Camry versions also increased from 18-21 million dong, to 1,070-1,460 billion dong. Notably, although the Toyota Raize model is in short supply, the selling price has increased by 20 million VND.

Similar to Toyota, the luxury sub-brand Lexus was also adjusted with an increase for some models with good sales such as: ES, RX300, RX350, GX and LM.

Accordingly, the ES sedan currently has the lowest increase in the Lexus product range, only 40 million VND higher than before, while the large SUVs GX and luxury MPV LM are expected to increase the most. 70 million dong difference. In addition, the RX300 will increase in price by 50 million VND while the RX350 will increase by 60 million VND.

At the beginning of May, Toyota and Lexus simultaneously increased the selling price of models - Photo 3.

Toyota’s mass price increase related to a global shortage of auto parts has affected the Vietnamese market. Recently, Honda Vietnam has just sent a notice to its sales partners and said that the number of scooters shipped may be limited in the near future, which is causing many motorcycle models to skyrocket in price. .

Thus, Toyota and Lexus are the next car manufacturers in Vietnam to increase the selling price of cars. Before that, in the first quarter of 2022, respectively, Ford, Kia … also adjusted to increase the selling price of cars in Vietnam. Suzuki has also increased the prices of 3 models of its cars distributed in Vietnam from April 2022. The lack of supply, electronic chips as well as manufacturing components are gradually affecting the Vietnamese auto market.

https://cafef.vn/mo-dau-thang-5-toyota-cung-lexus-dong-loat-tang-gia-ban-cac-mau-xe-20220502093606845.chn

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