Hyundai Thanh Cong Viet Nam JSC joined the price-cutting race of price drop in Vietnamese automobile market

Share this on: Hanoi, Mar 03 2025 - 11:06 AM

At the beginning of 2025, the Vietnamese automobile market witnessed the biggest price drop in years due to excessive supply and high inventory from 2024. HYUNDAI THANHCONG VIET NAM JOINT STOCK COMPANY also joined this price-cutting race. The company was forced to implement deep discount programs, especially in SUV and pickup truck segments, to stimulate demand and clear inventory.


At the beginning of 2025, the Vietnamese automobile market witnessed the biggest price drop in years due to excessive supply and high inventory from 2024. HYUNDAI THANHCONG VIET NAM JOINT STOCK COMPANY also joined this price-cutting race. The company was forced to implement deep discount programs, especially in SUV and pickup truck segments, to stimulate demand and clear inventory.



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