Tuesday , May 28 2024

Honda raises motorbike prices across the board

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.

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