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Hyundai Kona introduced to cease assembling in Vietnam, leaving the enjoying discipline for brand new stars

June 14, 2022
in Electrical


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Hyundai Kona has been distributed in Vietnam marketplace for the previous 4 years, not too long ago it was reported that this mannequin will cease assembling in Vietnam, ranging from June 2022. The rationale given by TC Motor is the shortage of parts provide, which is an issue many corporations are going through.

Hyundai Kona announced to stop assembling in Vietnam, leaving the playing field for new stars 1
Hyundai Kona

Prior to now few months, the factories of Hyundai Thanh Cong in Vietnam have all encountered the issue of lack of parts as a result of disruption of the worldwide provide chain. Subsequently, the Vietnam Hyundai mannequin is in a state of shortage, not solely the Kona. Some sellers even introduced that they’d not settle for orders as a result of they might not assure supply.

This example is mirrored by enterprise outcomes, in April 2022, this B-class SUV bought solely 70 vehicles and in Could Kona gross sales had been solely 31 vehicles. Within the first 5 months of 2022, Hyundai Kona solely bought 1,265 vehicles, the closest within the B-segment SUV phase in Vietnam.

In the meantime, rookie Hyundai Creta has a formidable type. That is why many individuals assume that Kona is clearing the best way for Creta to take the throne. Particularly, in simply 2 months of launch, the automotive’s whole gross sales had been twice as excessive as that of Kona with 2,043 automobiles delivered. There was even data that Kona would cede market share to Creta, however TC Motor has not confirmed it.

Hyundai Kona announced to stop assembling in Vietnam, leaving the playing field for new stars 2
Hyundai Creta

Not solely in Vietnam, however now Creta can be storming the worldwide market. Because the mayor of India’s billions of individuals, Hyundai Creta is the mainstay of the Korean model lineup, with practically 11,000 vehicles bought in Could.

It may be seen that Hyundai can be directing Creta to turn into one among its mainstays in Vietnam, together with Santa Fe and Accent.

Tags: CretaceousHyundai KonaSanta FeTC Motor
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