Truong Hai Group Corporation

Truong Hai Group Corporation (THACO), (Vietnamese: Công ty cổ phần tập đoàn Trường Hải) is a Vietnamese automobile manufacturer in. The company is a member of the Vietnam Automobile Manufacturers Association (VAMA). It 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]

Truong Hai Group Corporation

Native name	Công ty cổ phần Tập đoàn Trường Hải
Company type	Joint stock
Industry	Automotive
Founded	April 29, 1997; 27 years ago (1997-04-29) in Bien Hoa, Dong Nai Province[1]
Founder	Trần Bá Dương[1]
Headquarters	Sofic Tower, 10 Mai Chí Thọ Blvd, Thủ Thiêm, Thủ Đức, Ho Chi Minh City , Vietnam
Key people	Trần Bá Dương (Chairman)[1]
Number of employees	60,000[1]
Website	thacogroup.vn/en

THACO's main products comprise 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 the 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]

In 2021, THACO acquired the Vietnamese retail operations of e-mart.^[7]

Models

Thaco Ollin 250 light truck in Vietnam

Thaco Hyundai HD270 dump truck in Nha Trang

• Mazda models (2, 3, 6, CX-3, CX-5, CX-8, CX-30, BT-50)^[8]
• Kia Motors models (Morning, Soluto, Carens, K3, Sorento, K5, Seltos, Sportage, Sonet, Carnival/Sedona) ^[9]
• Peugeot models (2008, 3008, 5008, Traveller)
• Thaco buses built on Hyundai chassis (Thaco City, Thaco County, Thaco Town, Thaco Universe, Thaco Mobihome)^[10]
• Hyundai buses (Hyundai Solati, Hyundai County)^[10]
• Hyundai trucks^[11]
• Foton trucks^[11]
• Thaco trucks and light commercial vehicles (Thaco Towner, Thaco Frontier, Thaco Forland, Thaco Ollin)^[11]
• Mercedes-Benz buses assembly for Vietnamese market^[12]
• BMW models (1 Series, 2 Series, 3 Series, 4 Series, 5 Series, 7 Series, X Series)
• MINI models (Cooper)
• Fuso truck (Canter, FA, FI, FJ)
• Iveco minibus (Iveco Daily)
• Howo trucks (TX D600, TX D800)
• Volvo buses (B8R)

References

1. "THACO". www.thacogroup.vn.
2. "THACO sets up major auto parts industrial park". vietnamnews.vn. Retrieved 2021-06-01.
3. "Trường Hải chiếm 32% thị phần ôtô VN - Tuổi Trẻ Online" (in Vietnamese). 9 January 2015. Retrieved 2024-05-09.
4. Natsuda, Kaoru; Thoburn, John (2020-10-14). Automotive Industrialisation: Industrial Policy and Development in Southeast Asia. Routledge. ISBN 978-0-429-81784-7. Retrieved 2024-05-09.
5. "Korean cars find few takers in Southeast Asia, sustained by Vietnam market". Retail News Asia. 2020-12-02. Retrieved 2020-12-07.
6. "Auto firm THACO enters motorbike market". VnExpress International. Retrieved 2021-06-01.
7. "E-mart to sell retail business in Vietnam". koreatimes. 2021-05-18. Retrieved 2021-06-01.
8. "THACO Mazda". Archived from the original on 2020-07-11. Retrieved 2017-09-17.
9. "THACO Kia". Archived from the original on 2017-02-17. Retrieved 2017-09-17.
10. "Thaco Bus" (in Vietnamese). Archived from the original on 2019-08-01. Retrieved 2017-09-17.
11. Thaco Trucks
12. "Thaco Trường Hải chính thức trở thành nhà phân phối xe buýt Mercedes-Benz tại Việt Nam" (in Vietnamese). 18 June 2020. Retrieved 2024-05-09.

External links

• Official website