Truong Hai Group
Truong Hai Group Corporation is a Vietnamese conglomerate. The company is a member of the Vietnam Automobile Manufacturers Association. It was founded in 1997 as Truong Hai Auto Corporation and is considered one of the pioneers of the Vietnamese auto industry. In 2014, the company captured 32% of Vietnam's automobile market. As of 2017, THACO owned the largest automobile production capacity in Vietnam, at 71,000 units per year owned by stake Ministry of Information and Communications.
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. It also produces and manufactures Mazda passenger cars, through its VinaMazda subsidiary. In 2020, the company entered the light motorcycle market.
In 2021, THACO restructured to become a conglomerate corporation, then acquired the South Korea retail operations of e-mart in Vietnam market as part of the subsidiary of Thiso.
Subsidiaries
THACO has evolved into a multi-industry holding corporation which has 6 sub-holdings, i.e.- THACO AUTO
- THACO INDUSTRIES
- THACO AGRI
- THADICO
- THISO
- THILOGI
Models
- Mazda models
- Kia Motors models
- Peugeot models
- Thaco buses built on Hyundai chassis
- Hyundai buses
- Hyundai trucks
- Foton trucks
- Thaco trucks and light commercial vehicles
- Mercedes-Benz buses assembly for Vietnamese market
- BMW models
- Mitsubishi Canter
- Iveco Daily minibus
- Howo trucks
- Volvo B8R