The Honda Haoying has seen a significant price reduction of 68,000 yuan, dropping the price to 81,800 yuan.
Many current owners of the CR-V model have started requesting buybacks due to this sharp decline in pricing.
Equipped with a 1.5T engine, the Haoying is capable of producing 193 horsepower, making it a strong contender in the compact SUV market.
The sudden price drop has raised concerns among CR-V owners, who feel that their vehicle’s value has been adversely affected by Honda’s latest pricing strategy.
The competitive pricing and engine specifications of the Haoying suggest that it is aiming to capture a larger share of the SUV market amidst changing consumer preferences.