The two cars are designed by Pininfarina under a $5 million contract to develop and manufacture cars following intellectual property rights acquired from BMW.
According to the latest price list announced, prices of BMW Motorrad models distributed by Truong Hai Auto Corporation, commonly known as Thaco decrease from VND129 million or equivalent to $5,675 to VND199 million or $8,755.
No one can measure the business effectiveness of Haxaco, one of the three largest Mercedes dealers in Vietnam, even when the market is favorable and the company always exceeds the sales plan.
The Vinfast automobile project has an express speed, which surprised people having specialist knowledge in this industry. I was also surprised by the vigorous spirit of Vingroup and the creative colleagues at Vinfast.
The incurring matters of the Government’s Decree No. 116/2017/ND-CP as well as the unavailable circular guiding the Decree have caused many difficulties to automobile importers.
VinFast Manufacturing and Trading Co., Ltd, Vingroup’s subsidiary entered the US$5 million contract of two sedan and SUV car models with Pininfarina while announcing plans to buy intellectual property rights from BMW to develop the designs.
Truong Hai Auto Corporation (THACO) has revealed that it will open 15 BMW and MINI showrooms within two years to offer the best maintenance and after-sales services to customers over the country.
BMW Group Asia will end up its cooperation with Sime Darby Motors group to choose Truong Hai Auto Corporation (THACO) as its investor and importer in Vietnam.
In response to claim by BMW's representative on occassion of visit to Germany, the Prime Minister Nguyen Xuan Phuc confirmed the automaker BMW could access its batch of cars being held at HCM City’s port for maintenance but the firm must replace its local dealer Euro Auto due to violations of the country’s regulations
The Prime Minister Nguyen Xuan Phuc's visit to Germany, wrapped up on July 8, has knocked up favourable business opportunities worth billions of euros to profit Vietnam.