Hyundai Thanh Cong exports cars to Thailand

Hyundai Thanh Cong Vietnam Automobile Manufacturing Joint Stock Company (HTMV) has just officially exported a batch of Hyundai Palisade cars to Thailand. This is considered an important milestone in the more than 15-year cooperation journey between Thanh Cong Group (TC Group) and Hyundai Motor, affirming the position of the Vietnamese automobile industry in the international market.

Hyundai Palisade car export ceremony to Thailand market

On October 29, 2024, Hyundai Thanh Cong Vietnam Automobile Manufacturing Joint Stock Company (HTMV) - a joint venture between TC Group (Thanh Cong Group) and Hyundai Motor held a ceremony to export Hyundai Palisade cars to the Thai market. The event was held at Hyundai Thanh Cong Factory No. 1, in Gian Khau Industrial Park, Ninh Binh province. This is the 4th batch of cars exported in October, bringing the total number of Hyundai Palisade cars exported to Thailand to 110. This activity is part of HTMV's plan to export more than 4,000 Hyundai cars to countries in the region in the period of 2024 - 2025.

Hyundai Palisade is Hyundai's most premium SUV, manufactured and distributed in Vietnam from September 2023.

In particular, Hyundai Palisade is Hyundai's most premium SUV model, manufactured and distributed in Vietnam from September 2023. With the perfect combination of luxurious design, modern technology, flexible and classy operation, Hyundai Palisade has quickly affirmed its position in the large SUV segment in Vietnam. With a RVC ratio of over 40%, Hyundai Palisade not only meets strict technical requirements but is also eligible for tariff incentives from the ASEAN Free Trade Agreement (AFTA), creating a great competitive advantage when exporting to international markets. This export event marks more than 15 years of strategic cooperation between TC Group and Hyundai Motor in the field of manufacturing and distributing Hyundai brand vehicles in Vietnam. After more than 15 years of cooperation, TC Group has successfully brought the Hyundai automobile brand, including passenger cars, to dominate the Vietnamese market, becoming the leading favorite brand in the hearts of consumers.

Hyundai Palisade cars manufactured in Vietnam exported to Thailand

Mr. Nguyen Minh Son, General Director of HTMV shared: “We are proud that our products are loved not only domestically but also in the international market. We are committed to constantly striving to bring the highest quality products to customers and contribute to the sustainable development of the Vietnamese automobile industry.” In addition to Hyundai Palisade, HTMV also aims to expand the export of other car models in the B, B-SUV, D-SUV, D-MPV segments to other markets such as Myanmar, Philippines, Indonesia and other countries in Southeast Asia. This is also a testament to the global quality of Hyundai brand cars manufactured and assembled in Vietnam, contributing to raising the position of the Vietnamese automobile industry on the regional map.

Vietnam.vn