Truong Hai Automobile Joint-Stock Company (Thaco) launched its new Crossover Utility Vehicle (CUV) Model, the Mazda New CX-5, at Chu Lai-Truong Hai Industrial Complex in Nui Thanh district, the central coastal province of Quang Nam on November 18.
Mazda New CX-5 is said to offer a more comfortable and enjoyable ride with G-vectoring Control (Photo: VNA)
Quang Nam (VNA) – Truong Hai Automobile Joint-Stock Company(Thaco) launched its new Crossover Utility Vehicle (CUV) Model, the Mazda NewCX-5, at Chu Lai-Truong Hai Industrial Complex in Nui Thanh district, thecentral coastal province of Quang Nam on November 18.
With G-Vectoring Control (GVC) which improves stability and increases traction,the CX-5 is expected to offer a more comfortable and enjoyable ride.
Mazda is the leading Japanese car brand in Vietnam, with the CUV CX-5, Mazda 3,and Mazda 2, in addition to Mazda 2 and 3 All-New, and Mazda 6.
Huynh Khanh Toan, Vice Chairman of the provincial People’s Committee noted thatmost Vietnamese automobile assembly companies import Completely Built Units(CBU) from ASEAN countries as some taxes on CBUs will fall to zero from 2018.However, Thaco still produces Completely Knocked Down vehicles, affirming itsefforts to develop the locally assembled car industry.
Thaco, established in 1997, focuses on the production, assembly and distributionof commercial cars for Kia (the Republic of Korea), Mazda (Japan) and Peugeot(the EU).
It will be an official dealer of BMW and MINI models in Vietnam from January 1,2018.
The company’s production base covers 400 hectares in Chu Lai Open EconomicZone, Quang Nam province with six automobile assembling facilities, 12 supportindustry plants and one research and development centre.
Thaco leads in car sales in Vietnam, occupying 40-42 percent of market share from2015-2017.-VNA
Truong Hai Auto Corporation (Thaco) posted a record revenue of 65.8 trillion VND (3 billion USD) in 2016, a growth of 44 percent against the previous year.
The BMW Group Asia said on September 12 that it signed a letter of intent with Vietnamese automaker Truong Hai Automobile JSC (Thaco), delivering its intention to choose Thaco as a dealer of its BMW and MINI models in Vietnam from January 1, 2018.
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The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Mazda New CX-5 is said to offer a more comfortable and enjoyable ride with G-vectoring Control (Photo: VNA) 
