BMW Names New Distributor in HCM City
BMW Group Asia has announced the appointment of its new distributor in Ho Chi Minh City.
The Ho Chi Minh City-based Euro Auto Corp. will import, sell and supply services for BMW automobiles.
Roland Krueger, director of BMW Group Asia, said Vietnam is a potential market. Thus, BMW’s decision to return Vietnam after production abandonment is absolutely right and timely.
Huynh Du An, general director of Euro Auto Corp., said the company opened a showroom at 165 Pasteur St, District 3 to serve customers.
Euro Auto Corp. hopes to sell 200-300 cars this year and 200-600 units next year.
Initially, Euro Auto Corp. will sell Series 3, 5 and 7 in Vietnam, with retail prices ranging between US$80,000 and US$190,000.
Euro Auto also has plans to open new facilities in Hanoi to meet the demand of northerners, Mr. Du An added.
Early this year, VMC gave up the production of BMW car in Vietnam. (VnEconomy)
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