Honda raises motorbike prices across the board
By Mei Ling Tan
1 min read
Honda Vietnam has hiked the prices of most motorbikes following an increase in costs, the biggest hike being of VND2 million ($85).
The price of the Vision 110cc, its best-selling automatic model, has risen by 1.37% to VND37.09 million.
The Air Blade 125cc, a powerful city motorbike favored by men drivers, is up 1.62% to VND43.99 million.
The LEAD, a vehicle known for its large storage space, has seen its price go up by 1.16% to VND43.59 million.
The SH350i, Honda’s most expensive city motorbike, is up 1.32% to VND152.49 million.
With global economic trends affecting the parts market, costs have increased, Honda said.
Last year Vietnam’s biggest motorbike seller saw sales grow by 20.9% to 2.4 million units, accounting for 80.7% of the market.