14:03 | 29/11/2017 Car & Motor
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|
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 that most 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 its efforts to develop the locally assembled car industry.
Thaco, established in 1997, focuses on the production, assembly and distribution of 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 Economic Zone, Quang Nam province with six automobile assembling facilities, 12 support industry plants and one research and development centre. Thaco leads in car sales in Vietnam, occupying 40-42 percent of market share from 2015-2017.