Tag Archives: CBU

ASEAN Auto Tariff Expands Free Zone in 2018

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Thailand-based OEMs are set to benefit from the expansion of an existing auto tariff-free zone to ASEAN members Cambodia, Laos, Myanmar and Vietnam in 2018. Thailand is a regional production and export hub for the world’s top automakers, including Japan’s Toyota, Honda, Mitsubishi, Isuzu and Nissan, as well as U.S.-based General Motors, primarily Chevrolet, and Ford. According to global market-research firm IHS, Thai

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Chinese Cars Not so Popular in Vietnam

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Just within 10 years, six Chinese car brands came to Vietnam through different ways. They are either imported to Vietnam under the mode of complete built units (CBU) or assembled in Vietnam by joint ventures between Vietnamese and Chinese manufacturers. Chinese cars tried to conquer Vietnamese hearts thanks to their low prices, positioned as the cheapest car products in the

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