API
< Back to situations

Monitor this situation.

[SITUATION] · [ACTIVE] · [BUSINESS]

2 clusters · 7 sources · 4 days · First seen · Last updated

Automotive inventory clearance in Vietnam

Overview

Dealerships in Vietnam are implementing significant price reductions to clear older vehicle inventory.

In late October 2026, Hyundai dealers began offering substantial discounts on the Stargazer MPV to move remaining 2025 VIN stock. The standard version saw a reduction from 489 million VND to approximately 427 million VND, with some versions receiving discounts of nearly 100 million VND. These offers are specific to older stock and do not apply to newer upgraded models.

Shortly thereafter, MG dealerships also announced major price cuts on 2024 model year MG HS inventory. The 1.5T DEL variant was reduced by 244 million VND to approximately 455 million VND, while the 1.5T LUX version saw a 250 million VND reduction from its original list price. These discounts position the C-segment SUVs at price points typically occupied by smaller A-segment or B-segment models.

Entities

Vietnam · Thailand · TC Motor · Hyundai · Kia

Timeline

  1. [BUSINESS] 5 sources
    MG HS prices drop significantly at dealerships in Vietnam

    MG HS dealerships in Vietnam are discounting 2024 stock by up to 250 million VND, bringing C-segment SUV prices down to levels competitive with A and B-segment models.

  2. [BUSINESS] 2 sources
    Hyundai Stargazer prices drop in Vietnam to clear 2025 inventory

    Hyundai dealers in Vietnam are heavily discounting 2025 VIN Hyundai Stargazer models to clear inventory, with prices starting from 427 million VND.

Sources

4troxoi.gr · autopro.com.vn · cafef.vn · en.baoquocte.vn · kienthuc.net.vn · soha.vn · tuoitre.vn