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Thaco ranks second nationally in vehicle sales

Jan 21st at 18:00
21-01-2014 18:00:50+07:00

Thaco ranks second nationally in vehicle sales

The Truong Hai Automobile company (Thaco) sold 28,284 vehicles last year, earning revenues of VND13.3 trillion ($633 million), which represented a 14 per cent growth.

Thaco ranks second in vehicle sales in Viet Nam, based upon these sales figures, of which 15,000 vehicles were trucks and buses.

Further, Thaco cornered a market share of 29.2 per cent in 2013, according to Thaco's executive chairman Tran Ba Duong.

The company also contributed VND3.6 trillion ($171 million) to the State budget last year.

Thaco has produced and distributed three brands: Kia of South Korea, Mazda of Japan and France's Peugeot. Kia posted the best sales figures in 2013 with 8,870 cars sold for the year.

vietnamnews

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