Vietnam Suzuki launches its second factory at Loteco IP
- Wednesday - 20/07/2011 06:04
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The new plant represents a capital investment of approximately US$20 million and boasts a production capacity of 200,000 units per annum.
Vietnam Suzuki announced that 15,000 automobiles and 370,000 motorcycles have been sold in the Vietnamese market over the past ten years. Most of the parts and assemblies for automobiles and motorcycles are currently produced in Vietnam. Today, the company employs more than 500 employees. During the past ten years, the company has contributed about VND 1,400 million to the State Budget and donated over VND 7 billion to charities.
Now, Vietnam Suzuki has extensive distribution network nationwide through 28 retail agencies for automobile sales and 169 retail agencies for motorcycle sales.
On the occasion of the inauguration of the new facility of Vietnam Suzuki, 2 Suzuki Vitara cars (4 seat) and 10 motorbikes were presented to Dong Nai People’s Committee and Dong Nai provincial police.
(Source Dong Nai Newspaper)