Vindaco, Vidamco Announce Auto Prices in 2005

3:26:33 PM | 7/8/2005

Vindaco, Vidamco Announce Auto Prices in 2005

 

Two foreign-led automakers Vietindo Daihatsu Automobile Corporation (Vindaco) and GM-Daewoo Auto Co. (Vidamco) have recently announced retail prices for their automobiles in Vietnam in 2005.

 

All sedans and trucks of the two auto joint ventures will have higher prices due to the special consumption tax increase to 40 per cent, local media report.

 

Vindaco will sell Terios at USUS$24,000 while Citivan at between USUS$18,000 and USUS$19,700. However, the media does not mention exact prices announced by the two auto firms.

 

Vidamco and Vindaco sold 657 and 26 automobiles in the first two months of this year, respectively.
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