Xuan Kiên Auto

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Xuan Kiên Auto
legal form
founding 2004
resolution 2015
Seat Hanoi , Vietnam
Branch Automobile manufacturer

Xuan Kiên Auto JSC was an automobile and commercial vehicle manufacturer based in Hanoi , Vietnam . The brand name and name used in the media for the company was Vinaxuki . Besides Thaco , it was the only non-state automobile manufacturer in Vietnam at the time that was not a joint venture .

history

In 2004, Xuan Kiên established a business relationship with the Chinese manufacturer Hafei . Production began in 2005 or 2006. The company was profitable and made a profit of around 7 million euros in its best year.

Vinaxuki meanwhile had around 1000 employees. In addition, it is said to have had three production sites in Hanoi.

In 2012 Vinaxuki had a market share of 5.5%.

A lack of financial support from the government is given as the reason for the failure of the company. A lack of government support was identified in 2008. As of July 2015, the company wanted to sell its facilities, but discovered that they had been stolen.

Models

Production began with the Hafei Lobo small car and small commercial vehicles. The product range comprised 20 truck and three car models.

In 2012 Vinaxuki presented its own version of the Hafei Lobo with the model designation VG 100 . Only three prototypes of this vehicle were made.

Dongfeng brand trucks were also produced.

Individual evidence

  1. ↑ a b Nguyen Bich Thuy: Industrial policy as determinant of localization: The case of Vietnamese automobile industry. (PDF) VDF Working Paper No. 0810. In: Vietnam Development Forum. Retrieved September 30, 2018 .
  2. ↑ a b c d Vinaxuki wants to resume its dream of “Made in Vietnam” cars. In: vir.com.vn. September 28, 2016. Retrieved September 28, 2018 .
  3. ↑ a b c d e Vinaxuki, le naufrage de l'automobile vietnamienne. In: site-vietnam.fr. January 21, 2015, accessed on September 28, 2018 (French).
  4. ^ Thi Thanh Hong Pham and Binh Giang Nguyen: Industrial Clustering Policy and Economic Restructuring in Vietnam. In: MPRA. September 14, 2012, accessed on September 29, 2018 .
  5. ^ Arve Hansen: "Driving Development? The Problems and Promises of the Car in Vietnam", in: Journal of Contemporary Asia 46: 4 (2016), pp. 551-569, doi: 10.1080 / 00472336.2016.1151916