In 2022, the Vietnamese automobile market recorded a record vehicle output of members of VAMA, TC Motor and VinFast reaching more than 500,000 vehicles. This is the record sales of the whole automobile industry in Vietnam and shows the great demand of the people.
However, many car models will increase in price from 2023, which will greatly affect people’s car buying decisions.
Toyota
Toyota Corolla Cross 2023 increased selling price. ST photo.
Starting for this price increase is the Toyota brand, the Japanese automaker launched the Toyota Corolla Cross 2023. The new version of this B-SUV line can have some amenities such as the G version with an upgraded entertainment screen from 7 inches. up to 9 inches, wirelessly charging all 3 versions, 1.8V and 1.8HEV versions are equipped with hands-free trunk kicks.
This upgrade has made Toyota Corolla Cross 2023 the highest price increase to 19 million compared to before. Accordingly, the price of Toyota Corolla Cross 2023 is currently ranging from VND 755 to VND 955 million.
Not only Toyota Corolla Cross, Toyota Raize added pearl white color and increased the price from 547 million VND to 563 million VND, an increase of 16 million VND.
Mercedes-Benz
In this adjustment to increase the selling price, the German luxury car brand has increased the price by hundreds of millions of dong with many products including:
| Car model | New listing price (million VND) | Increase (million VND) |
| Mercedes-Benz GLC | 1.909-2.639 | 50-70 |
| Mercedes-Benz E-Class | 2.159-3.209 | 60-80 |
| Mercedes-Benz GLE | 4.619-4.919 | 150-160 |
| Mercedes-Benz GLE 53 4Matic Coupe | 5.679 | 180 |
| Mercedes-Benz GLS 450 4 Matic | 5.309 | 170 |
| Mercedes-Benz S-class | 5.039-5.559 | 160-180 |
| Mercedes-Maybach GLS 480 | 8.399 | 280 |
| Mercedes-Maybach GLS 600 | 11.999 | 380 |
In addition to Toyota and Mercedes-Benz, Volkswagen Teramont increased the price by 150 million VND to 2,499 billion VND and Touareg Elegance priced at 2,999 billion VND, the Luxury version increased by 100 million VND to 3,399 billion VND.
