World Auto

The Công ty ô tô Thế Gioi, in English World Auto Co., Ltd.. ( World car), is the official importer for the German Automobile Volkswagen brand in Vietnam. The company was founded in 2006 and listed on the stock exchange has its corporate office in Ho Chi Minh City and supplied five dealers. Since September 2007, the company is also engaged in a joint venture with the company Công ty Vinashin và San xuất Thuong mai and Công ty Vinashin Nghiep Tau Thuy Việt Nam Tong Công as a mechanic for motor vehicles and subscribes to the side of the Volkswagen AG. The assembly hall covers an area of ​​100 hectares and is one of three companies in the established industrial area in September 2006 Vinashin Shinec in Haiphong. Investors from five countries, including Japan, South Korea, Netherlands and Sweden had provided a sum of 120 million U.S. dollars for the construction of the plant. The final contracts for the joint ventures were signed in April of the following year.

In September 2009, three years after construction began, the work has been included in the installer. As the first model assembled here has become the Volkswagen Tiguan. As of September will also find the parts assembly of the set in Mexico Volkswagen New Beetle will be made that will be exported from here. In plans to tackle the successful Asian rivals Toyota, General Works chief Bernd Osterloh and let CEO Martin Winterkorn since September 2010 possible locations for a possible production of the Volkswagen Amarok in Southeast Asia check. From 200,000 units from the Amarok will be produced annually. Local competitors are mainly the Toyota Hi -Lux and the Isuzu D -Max. Whether the model will be manufactured in Vietnam or from Suzuki in Thailand, is still controversial, as market watchers for the Thai market for pickups, declining numbers of applications due to state tax incentives for micro and small cars, report.

With the current automobile assembly of VW in the ASEAN region, which, in addition, also based in Vietnam Công ty Trach Nhiem Hữu Han Quoc Te Liên -A Garuda Mataram Motor also, PT. in Indonesia and the soon starting production at the HICOM Automotive Manufacturers (Malaysia) Sdn. Bhd.. is counted in Malaysia, the expected market share of Volkswagen in the coming years will be at 0.2 percent. Toyota, however, already covers a contingent of around 33 percent in the ASEAN countries and thus provides the market leader. Intended to settle in the middle class in Vietnam from January 2011, the assembly of the Volkswagen Passat start, which will supply the Toyota Camry and the Toyota Corolla Altis, a competition here. In parallel, the Volkswagen Lavida is to be imported, which will compete with the Toyota Vios.

Model Overview

Volkswagen Tiguan since 9/2009 CKD assembly

Volkswagen CC since 9/2010 Import ( SVW )

Volkswagen New Beetle since 9/2010 CKD assembly

Volkswagen Touareg since 9/2010 Import ( SVW )

Volkswagen Lavida from 1/2011 Import ( SVW )

Volkswagen Passat from 1/2011 CKD assembly

Volkswagen Scirocco since 1/2011 Import ( VAG )

Volkswagen Amarok Production still controversial

Swell

• Financial Times: Volkswagen aims to Vietnam. 10 August 2010. Archived from the original on 16 August 2010. Accessed on December 27, 2010.
• Volkswagen to make cars in Vietnam. In: VietNamNet. 26. March 2007. Accessed on May 8, 2011.
• VW to expand in Southeast Asia - future market with slowly increasing car density. In: Press Releases -online.de. Accessed on May 8, 2011.
• Volkswagen aims to Vietnam. boersenradar.t -online.de. 11. August 2010. Accessed on May 8, 2011.
• Volkswagen looks to Vietnam. vietnam - asien.de. Accessed on May 8, 2011.