The Hyundai Sonatas imported into Vietnam do not suffer from the defects in the steering wheel that led to a massive recall in the US, the Korean firm’s official dealer in Vietnam said.
Vietnam is estimated to import $2.1 billion worth of automobiles including fully assembled cars and car components in the first nine months of this year, up 8.2% on year and up $0.3 billion from the revised figure of $1.8 billion in August.
A Vietnamese motorbike company is courting trademark conflicts by selling scooters that look like Vespas and use the Honda brand name, the companies said Monday.
The tourist car assembly workshop of the Hyundai automobile assembly and production plant was put into operation in the Gian Khau Industrial Park in Gia Vien district, Ninh Binh province on September 23.
Residents in urban areas now prefer scooters to regular motorbikes, which has raised stiff competition among manufacturers to make products to meet the tastes of consumers.
Piaggio’s new2010-2013 Business Plan stresses on construction of new manufacturing facilities in India and Vietnam and strengthening commercial operations in Asian markets.