BMW is set to produce vehicles in Vietnam through a partnership with Truong Hai Auto Corporation (THACO), a local car manufacturer.
While BMW has not said when it will commence production, it states that it will start building some of its most popular models locally in Vietnam, including the 3-Series, 5-Series, X3, and X5. The car manufacturer notes that standardized processes and structures across the production system ensure consistent quality across all of its manufacturing sites, regardless of the country.
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“This is a major milestone for the BMW Group in Asia Pacific as we look to strengthen our geographic footprint in the region,” senior vice president of BMW Group Production Network, Supply Chain Management, Michael Nikolaides said. “With this decision, the BMW Group once again is applying its strategic principle of production follows the market.”
The German automaker already has more than 30 production locations around the world, including partner plants, contract manufacturing, and the Chinese factory it operates alongside local joint venture partner Brilliance Automotive.
“THACO has more than 20 years of experience in the automotive industry, manufacturing and trading everything from passenger cars to trucks for THACO and a variety of global brands,” added THACO chairman Trần Bá Dương. “We are excited and honored to have the opportunity to now include BMW vehicles as part of our manufacturing business in Chu Lai, Quang Nam Province and are committed to providing high-quality vehicles that BMW customers expect from the brand.”
The new operation will expand BMW’s production network in Asia that includes sites in India, Thailand, China, Malaysia, and Indonesia.
