Thaco opens luxury car plant in Quang Nam

May 6th at 13:48
06-05-2019 13:48:46+07:00

 

Thaco opens luxury car plant in Quang Nam

Truong Hai Auto Corporation (Thaco) on May 5 put into operation the Thaco luxury car plant and launched a Peugeot Traveller model at the Chu Lai Open Economic Zone in the central province of Quang Nam.

The facility, receiving total funding of VND4.5 trillion, covers an area of 7.5 hectares and has a designed capacity of 20,000 cars per year.

The Thaco luxury car plant has a modern production chain and the latest technology meeting the technical requirements of French auto manufacturer PSA Group.

The investor noted that the vehicles manufactured by the plant will undergo strict checks and inspections through a quality monitoring system connected directly with Peugeot in France prior to being rolled out on the market, apart from being tested on a 2.4-kilometer testing road under all weather and traffic conditions.

The plant is expected to manufacture and assemble luxury automobiles, especially Peugeot cars, to meet Vietnamese residents’ rising demand for cars.

Besides this, Thaco introduced the Peugeot Traveller Luxury and Traveller Premium models to domestic customers on the occasion.

Vo Van Minh, deputy general director of Thaco Passenger Car Company, an arm of Thaco Group, said that after the launch of Peugeot 3008 and 5008, Peugeot Traveller was the next car produced and assembled by the firm.

This is the first specialized high-end passenger car rolled out by Thaco to contribute to diversifying Peugeot-branded products in the local market.

The Peugeot Traveller Luxury model, whose retail price is some VND1.7 billion, is a high-end seven-seater automobile that is popular in Europe, Asia and South Africa. Meanwhile, Peugeot Traveller Premium cars sell for VND2.25 billion per unit.

saigontimes



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