Great Wall Motor layout Vietnam market, will provide SUV, pick-up trucks and other categories and flagship models

CTOnews.com January 12 news, according to Great Wall Motor officials, Great Wall Motor and TAG Cheng'an Group holding a signing ceremony in Hanoi on January 9, and the two sides formally reached a strategic partnership to provide Vietnamese consumers with smarter and cleaner automobile products.

Vietnam's annual car sales are expected to reach 500000 in 2022, making it the fourth largest car market in the ASEAN region, Great Wall said. With the help of the radiation effect of the great wall automobile Luoyong factory in Thailand, Vietnam will also become the first export market for the Luoyong factory.

According to the agreement, Great Wall Motor and TAG Cheng'an Group will jointly explore channel construction and service model around the characteristics of the Vietnam market, and introduce the cutting-edge products, technology, users and service concepts of Great Wall Automobile.

CTOnews.com learned that Great Wall Motors revealed that Great Wall Motor will deploy superior categories and flagship models such as SUV and pick-up trucks in the Vietnamese market in the future, and launch a product matrix that covers a variety of energy power and has high intelligence.

Data show that Great Wall Motor sold 77442 vehicles in December 2022, down 52.30 percent from January to December last year, down 1067523 vehicles from January to December, down 16.66 percent from the same period last year, and sold more than 1 million vehicles for seven consecutive years.