Press release

IVECO and THACO launch Daily Minibus in Vietnam

On October 10th 2020, IVECO and its distributor partner Truong Hai Auto Corporation (THACO) officially introduced the Daily Minibus in Vietnam. The launch event was held at the THACO BUS factory at THACO Chu Lai Industrial Zone with remote video presence of CNH Industrial’s Asia, Middle East and Africa (AMEA) and South East Asia and Japan (SEAJ) Directors.

IVECO and THACO announced that their strategic partnership, established in 2018, has been extended with the appointment of THACO as distributor and assembler of the Daily Minibus in Vietnam. Customers in this market will benefit from IVECO’s partnership with THACO, one of the leading and largest automakers in Vietnam with extensive experience in R&D, auto parts manufacturing to auto assembly, logistics, distribution, retail sales and services.

IVECO is expanding its market presence in Asia with the launch of the Daily Minibus in Vietnam. The Daily Minibus will be supplied in component kits by IVECO for assembly at the THACO factory in the Chu Lai Truong Hai Automobile Industrial Zone, and it will be sold through the THACO distribution network in Vietnam.

At the launch event, IVECO Brand Leader for AMEA, Koray Kursunoglu, commented: “Today marks a very important milestone in IVECO’s history in Southeast Asia. Vietnam is a key market for commercial vehicles in this region, and it is highly important for IVECO’s strategic business development. We couldn’t imagine a better partner than THACO, who is a major player in this country, and has developed a strong reputation in the industry for the assembly, distribution, sales and after-sales services of commercial and passenger vehicles in the Vietnamese market. I am confident that this strong, high-quality, durable, technology-driven comfortable vehicle, which benefits from our partner’s local expertise in assembly, will be very well appreciated by our customers operators and passengers alike. It sets the base for more offers of a wide range of IVECO products and solutions which will grow this cooperation further, together”.

THACO Vice President Mr. Nguyen Quang Bao stated: “In 2018, THACO and IVECO have officially signed a cooperation agreement for the assembly and distribution of the IVECO Daily Minibus in the Vietnamese market.” He highlighted that “following the agreement, THACO has invested in a body press welding line with automatic station transfer and body lifting system, and an electrostatic painting line with ten continuous immersion tanks in order to comply with strict technical requirements, production processes and European quality standards. We would like to thank IVECO leaders for their trust in cooperating with THACO. Experts from IVECO, in spite of the impact of the epidemic, actively supported the technology transfer and provided online training to engineers and workers, so that the IVECO Daily Minibus project could be completed on time.”

The Daily Minibus is the stylish, high-value vehicle featuring advanced technologies and developed to provide solutions in a wide range of applications spanning from public shuttle services, tourism and student transport to more customized high-end transportation needs.

The Daily Minibus is a unique product with elegant European-style design, an aerodynamic structure formed by strong ribs starting from the front, stretching along the body harmoniously and subtly to optimize aerodynamics, reducing drag and increasing balance while travelling.

The Daily Minibus is introduced into the market with two versions:

  • the Daily Minibus with a total length of 6 meters and a 3,300mm wheelbase providing comfortable transportation for the driver and 15 seated passengers;
  • the Daily Plus Minibus with a total length of 7 meters, a 3,950mm wheelbase and a capacity for a driver and 18 seated passengers.

Both versions provide a spacious interior with a convenient and comfortable seat arrangement, wide legroom, and features high-quality materials to enhance comfort for passengers.

The Daily Plus is the first minibus in Vietnam featuring a vendor door, which benefits customers by reducing operating costs and providing a more secure environment, ergonomics and comfort when entering and exiting the vehicle.

The Daily Minibus is equipped with the latest F1C Diesel engine with 146 HP at 3,500 rpm, designed and developed by FPT Industrial. The engines and gearboxes not only meet the Vietnamese standards but also deliver excellent performance in terms of drivability and operating costs.

The Daily Plus minibus features a pneumatic suspension system for smooth operation in all traffic and road conditions. Numerous safety features have been integrated in the vehicle, such as ABS (Antilock Braking System) which avoids wheel locking during the braking and EBD (Electronic Brake force Distribution) which shares the brake force between the rear and front axle in order to optimize braking performance and to ensure maximized safety for passengers and driver.

The Daily Minibus is distributed across Vietnam at THACO Truck and Bus Showrooms, which combine the easiest procurement process with a professional, fast and convenient after-sales service thanks to a fully equipped service workshop and spare parts shop.

In the Photo Gallery, the Group photo, from left to right:

  • Mr. Pham Dang Chau – Group Director of Thaco Truck & Bus
  • Mr. Le Vu Phuong – Chairman of Chu Lai Open Economic Zone
  • Mr. Nguyen Tri An – Provincial Member, Chairman of Nui Thanh Party People’s Committee
  • Mr. Le Van Dung – Permanent Deputy Secretary of Quang Nam Provincial Party Committee
  • Mr. Pham Van Tai – General Director of THACO Group as well as The Leaders of THACO, THACO Chu Lai, THACO Bus factory
  • Mr. Ho Quang Buu – Provincial Member, Vice Chairman of Quang Nam Provincial People’s Committee
  • Mr. An Sung Bin – General Director of Lotte Rental.LTD
  • Mr. Nguyen Quang Bao – Deputy General Director of THACO, responsible for Manufacturing
  • Mr. Le Vu Phuong – Director of Vo Cuc Phuong. LTD