Truong Hai Group Corporation

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Truong Hai Auto Corporation
Native name
Công ty cổ phần ô tô Trường Hải
Company typeJoint stock company
IndustryAutomotive industry
FoundedApril 29, 1997; 27 years ago (1997-04-29) in Bien Hoa, Dong Nai Province[1]
FounderTrần Bá Dương[1]
Headquarters
Ho Chi Minh City
,
Vietnam
Area served
Vietnam
Key people
Trần Bá Dương (Chairman)[1]
Number of employees
14,900[1]
Websitewww.thacogroup.vn/en/

Truong Hai Auto Corporation (THACO) is one of the leading car manufacturers in Vietnam. THACO is a member of Vietnam Automobile Manufacturers Association (VAMA). The company was founded in 1997 and is considered one of the pioneers of the Vietnamese auto industry.[2] In 2014 the company captured 32% of Vietnam's automobile market.[3] As of 2017, THACO owned the largest automobile production capacity in Vietnam, at 71,000 units per year.[4]

THACO main products comprises family cars, light trucks and buses. The company has a joint venture with Kia Motors to produce Kia branded cars from its main factory located in Chu Lai Economic Zone.[5] It also produces and manufactures Mazda passenger cars through its VinaMazda subsidiary. In 2020, the company entered the light motorcycle market.[6]

Models

Thaco Ollin 250 light truck in Vietnam
Thaco Hyundai HD270 dump truck in Nha Trang

References

  1. ^ a b c d "THACO". www.thacogroup.vn.
  2. ^ https://vietnamnews.vn/economy/569449/thaco-sets-up-major-auto-parts-industrial-park.html
  3. ^ "Trường Hải chiếm 32% thị phần ôtô VN - Tuổi Trẻ Online".
  4. ^ Natsuda, Kaoru; Thoburn, John (2020-10-14). Automotive Industrialisation: Industrial Policy and Development in Southeast Asia. Routledge. ISBN 978-0-429-81784-7.
  5. ^ "Korean cars find few takers in Southeast Asia, sustained by Vietnam market". Retail News Asia. 2020-12-02. Retrieved 2020-12-07.
  6. ^ https://e.vnexpress.net/news/business/companies/auto-firm-thaco-enters-motorbike-market-4062851.html
  7. ^ THACO
  8. ^ THACO
  9. ^ a b Thaco Bus
  10. ^ a b c Thaco Trucks
  11. ^ https://vietnamfinance.vn/thaco-truong-hai-chinh-thuc-tro-thanh-nha-phan-phoi-xe-buyt-mercedes-benz-tai-viet-nam-20180504224239987.htm

External links

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