New Kia Cerato debuts in Viet Nam market

May 6th at 13:14
06-05-2016 13:14:03+07:00

New Kia Cerato debuts in Viet Nam market

Kia Motors and Truong Hai Automobile JSC (Thaco) launched a new model – Kia Cerato – for the Vietnamese market, the deputy general director of Thaco, Bui Kim Kha, told Bizhub.

 

The sedan C class, based on the popular Kia K3, is the eighth Kia model to be introduced in the Vietnamese market.

According to Thaco, Viet Nam is the first market in Southeast Asia region where Kia Motors has decided to introduce the new Kia Cerato model under its global brand development strategy, with luxury design, hi-tech equipment, safety and protection.

Kia has already achieved a 60 per cent growth in sales with 9,000 cars sold in the first four months of this year in Viet Nam.

The price of the new Kia model is yet to be announced.

The Quang Nam-based automobile manufacturer has produced and distributed vehicles for several car manufacturers, including Kia from South Korea, Mazda from Japan and the French giant Peugeot.

Thaco plans to produce over 112,000 cars in 2016, with expected revenue of US$3 billion.

bizhub



NEWS SAME CATEGORY

Shrimp export sales expected to recover after difficult 2015

Exports of Vietnamese shrimp products are expected to experience a strong recovery in the first half of this year after a slowdown last year.

Petrol price increased by VND646 per litre

The domestic retail price of petroleum increased by VND646 to touch VND15,586 ( 69 US cents) per litre on May 5, the Ministry of Industry and Trade (MOIT) said.

Vietnamese mango farmers plagued by false rumor of unsafe wrapping bags

Mango farmers in several Mekong Delta provinces are rattled by rumors that their fruits are wrapped in unsafe Taiwanese-made bags before harvest.

Anti-dumping duties on steel to rise

Viet Nam decided to increase anti-dumping duties for cold rolled stainless steel products from China, Indonesia, Malaysia and Taiwan, the Vietnam Competition...

Gold prices fall in Viet Nam following holiday

The price of the State-owned brand of gold, SJC, fell VND370,000 (US$16.5) per tael on May 4, after the four-day holiday in the local market.

Fish still sell despite crisis

After being unable to sell their catches for many days due to the mass fish deaths, fishermen in the central provinces of Ha Tinh and Quang Binh have been thrown a...

Vietnamese pig farmers rush to meet China demand

With traders in China willing to buy Vietnamese-raised pigs of any quality at high prices, farmers are rushing to expand their herds, not concerned with what could...

Vietnamese bananas on Japan's supermarket shelves

Vietnamese bananas have marked their official presence in Japan's market with the first bunches hitting the shelves of the discount chain Don Quijote on April 30.

Lobster breeding project aims to grow market in central VN

The Ministry of Agriculture and Rural Development (MARD) aims to make lobster breeding a key economic sector of the central coastal provinces in Viet Nam.

Auto importers petition Government to hold taxes steady

Auto importers in Viet Nam petitioned Prime Minister Nguyen Xuan Phuc and relevant sectors to consider problems related to some revised articles and supplements in...

Commodity prices


MOST READ


Back To Top