TC Motor to distribute and manufacture Czech Skoda cars

October 11, 2022 | 13:59
(0) user say
TC Motor, a distributor and assembler of South Korean Hyundai vehicles in Vietnam, will start distributing Skoda cars next year and cooperate with Skoda Auto to assemble the autos in a new factory.
TC Motor to distribute and manufacture Czech Skoda cars
TC Motor will distribute and manufacture Czech Skoda cars

Under a deal it signed with Skoda Auto - one of the world's oldest car makers - in Hanoi on October 7, TC Motor will start distributing imported Skoda cars next year. Skoda makes 11 models, with the Octavia its bestseller, but the two companies have yet to disclose which model will be sold in Vietnam first.

Vietnam is the first Southeast Asian country where Skoda will build a factory.

The two parties also have plans to build a car assembly plant in the northern province of Quang Ninh, with the first vehicles expected to roll out of it late next year at the earliest.

In February, the leaders of Skoda met deputy minister of Planning and Investment Nguyen Thi Bich Ngoc and the chairman of Quang Ninh People's Committee to discuss plans to establish modern manufacturing lines within its factory in Quang Ninh.

Vietnam is the first Southeast Asian country where Skoda will build a factory. The company plans to put the factory into operation in 2024 and begin exporting cars from Vietnam a few years later.

Last year, the Czech group sold nearly 900,000 vehicles in 100 markets around the world, with Germany and Russia the biggest.

ASEAN, Czech Republic look to standardise customs procedures ASEAN, Czech Republic look to standardise customs procedures

The Association of Southeast Asia Nations (ASEAN) Committee in coordination with the Customs Administration of the Czech Republic has held a webinar to introduce the electronic customs of the European country.

Ho Chi Minh City authorities join supermarkets to distribute goods to citizens Ho Chi Minh City authorities join supermarkets to distribute goods to citizens

Supermarkets and authorities in Ho Chi Minh City have come up with a new plan to supply food to citizens as the city is ordering stricter social distancing measures.

Vietnam, Czech Republic boost cooperation in auto manufacturing Vietnam, Czech Republic boost cooperation in auto manufacturing

Vietnamese Deputy Minister of Industry and Trade Do Thang Hai hosted a reception in Hanoi on November 16 for Ambassador of the Czech Republic Vítězslav Grepl and a delegation from Skoda Auto, a car maker of the Czech Republic, who came to seek partners to build an automobile factory in the northern province of Quang Ninh.

ASEAN Committee in Czech Republic supports local people amid COVID-19 ASEAN Committee in Czech Republic supports local people amid COVID-19

Ambassadors and representatives of six countries in the ASEAN Committee in Prague (ACP) presented foodstuff to the Czech Federation of Food Banks on January 20.

By Oanh Nguyen

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional

Latest News