Taiwan’s Sanyang to Build Pickups in Vietnam

TAIPEI – Sanyang Industry Co. Ltd. says Vietnamese subsidiary Sanyang Motor Vietnam Co. Ltd. (SMV), will launch production of its 1.3L T880 mini commercial pickup this month.

The T880 is to be sold in Vietnam under the SYM brand, making Sanyang the first Taiwanese auto maker to produce vehicles overseas under its own brand.

SMV, Vietnam’s first 100% foreign-owned auto maker, initially will concentrate on the production of commercial vehicles of less than 3.5 tons (3.2 t) in size with a projected annual output of 6,000 to 10,000 units.