SHANGHAI – Shanghai Maple Automobile Co., Ltd. on October 18 cut the prices of the Marindo MA and Hysoul MA by as much as ¥8,000 ($1,000), according to a company announcement.
The Marindo MA Standard received the biggest cut, with a new retail price of ¥51,999.
Model Variant Old Price New Price
Marindo MA Comfort 59,999 54,999
Anniversary 66,666 59,999
Luxury 72,888 67,890
Hysoul MA Fashion 65,999 59,999
Noble 71,999 65,999
Executive 81,888 75,888
The company said the price cuts would make the models more competitive.
In the first three quarters of this year, it sold 13,455 units of the Marindo series, which also includes the Marindo AA, and 6,234 units of the Hysoul MA.