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Chien Thang truck VinFast LUX SUV V8 at the 2019 Geneva Motor Show. The automotive industry in Vietnam is a fast-growing sector mainly reliant on domestic sales. All currently produced models are designed abroad by foreign brands, and many rely on knock-down kit production.
This article provides an overview of the automotive industry in countries around the world. The United States was the world's largest automobile producer by volume from the early years of the 20th century until the 1980s, when it was overtaken by Japan. In 2009, China became the world's largest vehicle producer. [1]
As of 2023, Ford had acquired a 13.9% market share, making it the third-largest automobile company in Vietnam. [4] Ford Vietnam is the first automotive manufacturer in Vietnam receiving ISO 9001, ISO 14001 and QS9000 accreditation, ISO/TS16949 - 2002. [citation needed]
It was founded in 1997 and is considered one of the pioneers of the Vietnamese auto industry. [2] In 2014, the company captured 32% of Vietnam's automobile market. [3] As of 2017, THACO owned the largest automobile production capacity in Vietnam, at 71,000 units per year. [4] THACO's main products comprise family cars, light trucks, and buses.
Manufacturing in Vietnam after reunification followed a pattern that was initially the reverse of the record in agriculture; it showed recovery from a depressed base in the early postwar years. However, this recovery stopped in the late 1970s as the war in Cambodia and the threat from China caused the government to redirect food, finance, and ...
The U.S. auto industry was profitable in every year since 1955, except those years following U.S. recessions and involvement in wars. U.S. auto industry profits suffered from 1971 to 1973 during the Vietnam War, during the recession in the late 1970s which impacted auto industry profits from 1981 to 1983, during and after the Gulf War when ...
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This article may be too long to read and navigate comfortably. Consider splitting content into sub-articles, condensing it, or adding subheadings. Please discuss this issue on the article's talk page. (November 2024) Vietnam War Part of the Indochina Wars and the Cold War in Asia Clockwise from top left: US Huey helicopters inserting South Vietnamese ARVN troops, 1970 North Vietnamese PAVN ...