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Intellectual people
Last week, a noteworthy fact was the participation in the price reduction trend, anti-braking of a number of luxury cars. Meanwhile, VinFast, a Vietnamese auto giant, said the planned loss exceeded 6.5 billion VND.
Discounted luxury car, anti-idle!
Recently, the car price reduction seems only to appear in the popular, cheap car market, but in the past two months, luxury car brands have started to enter the market. period of price drop, fight against slowness due to a pandemic and a decrease in aggregate demand.
Truong Hai BMW X7 car imported very strong lowering (photo provided by Thaco)
The most talked about in the recent downward trend is the BMW X7, a luxury car model from Truong Hai, a complete unit imported from Germany with a discount chain from 700 million VND to more than 1 billion VND and which has a discount agent. less than 1,400 million.
Models discounted by several hundred million VND are referred to as Range Rover Autobiography LWB, 2019 BMW 7 series or Q5, Audi Q7 or Ford Explorer …
In the next time, all firms and businesses will have to close sales, so the reduction of profits is considered vital for competition in the market. Furthermore, the trend of reducing the average import tax of 7-8% / year of EU cars to Vietnam from now until 2030 may cause the price of luxury cars in Vietnam to drop even further.
Car consumption in August fell sharply
The Vietnam Automobile Manufacturers Association (VAMA) just announced the car sales in August and the first 8 months of the year. Consequently, the sales of the affiliated automotive companies reached more than 20,600 units, 14% decrease compared to July 2020 and 4% year-on-year.
Car consumption in Vietnam plummeted due to epidemics and consumer fear
Most car manufacturers cut sales, such as Mitsubishi up to 10%, Toyota 30%, Ford 39%, Kia and Mazda up 11% to 27%, Honda 30% …
In contrast, many “hot car” models still have great sales.
In spite of “photo of two girls” (Month of soul and covid-19) has been causing the car market to decline, car manufacturers are concerned, many models have sales of several thousand, even tens of thousands of units.
However, many “hot” models still have big sales, they are not too affected
The best of these are Toyota Vios, Hyundai Accent, Mitsubishi Xpander, Ford Ranger, Ford Everest, Toyota Fortuner or Honda CRV, Hyundai SantaFe, Mazda CX5, Hyundai Tucson, all have high sales.
According to some automotive companies, the sales of strategic models are very well cared for, if a month is lost it must be adjusted to the correct path. Typically, strategic models have market coverage, so the number of customers is good, plus the reputation of the brand, so sales are more durable than new models.
Old cars fall into recession because new cars have plummeted prices
New car prices don’t slow down vintage car models. The “war” for market share for new models is accidentally pushing the used car market into a recession.
Used cars entered a period of decline in sales, market share and lost customers
The used car market in the last month, the month, is facing many difficulties due to low demand for cars. Many agents and stores complained about the absence of customers, negative sales due to illness, and the psychology of customers who refuse to buy cars every month.
According to some used car dealers, the complicated situation of the epidemic has led to fewer car buyers, the rapid decline in prices for new cars and preferential policies for customers have caused the used car market to decline.
According to Mr. Minh: “From the beginning of the year until now, we have not been able to import cars due to the market imbalance. Registered cars have increased dramatically and there is no need to import cars because the demand for people to buy cars has decreased. Currently , car buyers are very low, and for trucking companies and commercial households, there is no need to buy cars, making the used car business more and more difficult. “
VinFast announced a planned loss of 6.5 billion dong
VinFast, the automobile giant of Vietnam, belongs to Vingroup planned loss is more than 6.5 billion And this is still the number of losses in the construction and development strategy of the Vietnamese auto company in the Vietnamese market.
Vietnamese automakers VinFast are still in the loss planning time
Under Vingroup’s strategy, VinFast will accept losses for 3-5 years and the Vietnamese automaker’s goal is market share and market, regardless of profit.
Full car “mother holding a baby”
The owner sells many models of mortgage banks in many different ways and at very low prices. If the buyer wants to buy these models, he can impound the car.
The phenomenon of ” Ngan car “That means a car compromised with a bank, with enough papers, mainly fake paper to sell to customers at a low price. If the deal is successful, the buyer will have a good car to take away, but if the risk will suffer.” . .
“Xe Ngan”, the car in which the mother hugs her son is marked with the chassis number and the engine number, tricking consumers into buying cheap used cars.
What does the Registration Department say about “mother with baby” vehicles?
Speaking with PV Dan Tri, Mr. Nguyen minh cuong – Deputy Director of Vietnam Registration Department – said: “According to the principle of operation of the registry, if it is found that there are false documents related to the vehicle, the inspection will be denied immediately. This case will be transferred to the police for verification. and handling “.
In particular, the leaders of the Registration Department recommended that car buyers should not trust dealerships, it is difficult to falsify the registration, and the false inspection paper is easy to detect.
The head of the Registration Department said that false registration sheets can only pass the eyes of ordinary people, but not through inspection by the authorities.
“All the parameters printed on paper are subject to regulations, it cannot be indiscriminate. This paper is printed on a financial printer, just like money printing. On paper it is secure, there are many anti-counterfeiting identifiers. If it lights up on the light, the indicators will illuminate. The Vietnamese registration code on the paper will be printed and distributed evenly on the paper, “said the deputy director of the Vietnam Registration Department.
An Linh
synthetic
