VOV.VN - Truong Hai Auto Corporation (THACO) has resumed selling its products abroad following a five-month hiatus of the COVID-19 combat by exporting 80 Kia Grand Carnival cars to neighbouring Thailand, one of its key consumers.
The vehicles were manufactured at the THACO Kia Plant in THACO Chu Lai Industrial Park in the central province of Quang Nam, said the firm’s representatives, adding this is THACO’s second shipment to Thailand, a market that is the largest automobile manufacturing hub in Southeast Asia for this year.
THACO’s official importing partner Yontrakit Kia Motor Co., Ltd will continue to place orders in line with the commitments between the two sides, with the total number of Grand Kia cars set to reach 560 this year.
Previously, February saw THACO export 40 Kia Grand Carnival cars to Thailand via Yontrakit Kia Motor Co., Ltd.. According to the firm, Kia Grand Carnivals represent fuel-efficient products that have been designed specifically to suit the tastes of customers, while having a more competitive price in comparison to imported cars from the Republic of Korea.
Most notably, THACO ensures the requirements set by Kia Motors’ global quality standards and delivery time are consistently met.
As part of the enterprise’s strategy to join the global value chain and expand into new markets, THACO has so far exported buses, trucks, tourist cars, and semi-trailers to several countries such as Thailand, the Philippines, Cambodia, Singapore, Myanmar, Japan, and the United States. In late 2019. The firm shipped 15 buses to the Philippines and 120 Kia Cerato cars to Myanmar.
Moreover, THACO has plans to ship the remaining 33 semi-trailers to the United States’ PITTS Enterprise on July 13 in line with the contract of supplying 69 semi-trailers.
The firm also expects to increase export volume within existing markets and will continue to penetrate into new locations while developing distribution systems in importing countries in the near future.
There are also plans in progress to export more than 1,400 vehicles to Myanmar, Thailand, the Philippines, Singapore, the US, and Japan, in addition to expanding into new markets such as Malaysia, the Republic of Korea, and Armenia during the remainder of the year.