Local car maker to export to ASEAN and US
Local car maker to export to ASEAN and US
The Truong Hai Automobile Company (Thaco) plans to export locally manufactured buses, cars and semi-trailers as well as spare parts and accessories to the US, Canada, Thailand, Singapore and the Philippines worth US$60 million in 2019.
Director of the manufacturing section of Thaco, Nguyen Quang Bao, said the plan followed agreements with partners.
Bao said the first batch of 350 buses and 1,400 trailers would be delivered to customers in Thailand, Singapore, the Philippines, the US and Canada, while Kia Sedonas with 40 per cent of locally made accessories and spare parts would be exported to Thailand later this year.
He said Thaco also planned to build a new truck factory at the Chu Lai-Truong Hai Automobile Industrial Zone with a capacity of 50,000 trucks per year, while the existing commercial Kia automobile manufacturing plant would be upgraded to produce 50,000 Kia cars each year for domestic sale and export.
The director said Thaco planned to produce 110,000 vehicles in 2019 including 75,000 commercial cars and 35,000 trucks, buses and trailers for the domestic market and export.
Thaco has manufactured and distributed vehicles for foreign brands such as Kia (South Korea), Mazda (Japan), Peugeot (France) and BMW (Germany).
