THACO to export semi-trailers to US in May

20/4/2020| 10:27

Truong Hai Auto Corporation, known as THACO, has said that in late May, it will export 69 semi-trailers to the US - a market with strict requirements on quality standards.

At  THACO Special Vehicles Manufacturing Limited Company in Quang Nam (Photo: VNA)

This is the result of cooperation between THACO and PITTS Enterprises Company - one of 15 major semi-trailers manufacturers in North America. The two sides signed a memorandum of understanding on distributing semi-trailers in the US market.

THACO’s semi-trailers exported to the US market will be distributed by Dorsey Intermodal - a subsidiary of PITTS Enterprises, which also supplies relevant warranty and maintenance services.

According to the group, the batch of semi-trailers is manufactured at THACO Special Vehicles Manufacturing Limited Company, the firm that specializes in manufacturing high-quality semi-trailers and special vehicles for local and foreign markets.

THACO said it expects to export more than 1,600 vehicles of all kinds with a total value of US$50 million, in 2020. Its successful export to the US market proves that THACO has appropriate strategies to join deeper in the global value chain, it noted.