First made-in-Vietnam car rolls off Assembly line

[GS Zhou]

The reason China do not export cars is because its market suck up all the cars it makes.

that's untrue. China exports about 1 million units vehicles last year, yoy growth 16.8%. 3/4 of the China exports are passenger vehicles; the other 1/4 is commercial vehicles. You can refer to the quote from CAAM (China Association of Automobile Manufacturers)

Of course the export size is much smaller compared with Germany, Japan or Korea. Hence still a long way to go.

 

[GS Zhou]

but for this vinfast shit, it just put together some old crap and want to charge insane prices, it will die...

this is a very fair comment. We can set a price anchor to see how much customers are willing to pay for the vn car. I mean how much the customers think the vn car is worth of; not the vn car maker itself believes how much it is worth of.

For example Chevy Sail, retailing price in China starting from RMB 41.5k/USD 6.2k. The price table quoted from Chevy dealer in China.

Chevy Sail (wheelbase 2500mm) is bigger than Chevy Spark (wheelbase about 2400mm). Ok, a real Chevy car, with a bigger size, sells at USD 6.2k per unit. Now we have the vn car Fadil, which is a copycat of Chevy Spark, smaller in size, how much you think an ordinary customer is willing to pay for it? Just imagine the price tags of Xiaomi vs. Iphone. In most cases, Xiaomi would be priced only 1/3 of an Iphone, even if the two phones are with similar specs or performance.

Seriously, if a real Chevy/bigger in size, is priced at USD 6k; to Fadil, a copycat Chevy, smaller in size, even in the most optimistic situations, USD 3k is the max. price that customers are willing to pay for it. But now, the vn company is setting its price at USD 18k. What a joke!!

 

[Kai Liu]

this is a very fair comment. We can set a price anchor to see how much customers are willing to pay for the vn car. I mean how much the customers think the vn car is worth of; not the vn car maker itself believes how much it is worth of.

For example Chevy Sail, retailing price in China starting from RMB 41.5k/USD 6.2k. The price table quoted from Chevy dealer in China.
View attachment 541633

Chevy Sail (wheelbase 2500mm) is bigger than Chevy Spark (wheelbase about 2400mm). Ok, a real Chevy car, with a bigger size, sells at USD 6.2k per unit. Now we have the vn car Fadil, which is a copycat of Chevy Spark, smaller in size, how much you think an ordinary customer is willing to pay for it? Just imagine the price tags of Xiaomi vs. Iphone. In most cases, Xiaomi would be priced only 1/3 of an Iphone, even if the two phones are with similar specs or performance.

Seriously, if a real Chevy/bigger in size, is priced at USD 6k; to Fadil, a copycat Chevy, smaller in size, even in the most optimistic situations, USD 3k is the max. price that customers are willing to pay for it. But now, the vn company is setting its price at USD 18k. What a joke!!

The most funny thing is this vinfast shit sell a copycat more expensive than those Japanese, korean counterpart, and even more expensive than the original one:

https://www.vir.com.vn/vinfast-announces-jaw-dropping-starting-price-for-vehicles-63984.html

 

[GS Zhou]

The most funny thing is this vinfast shit sell a copycat more expensive than those Japanese, korean counterpart, and even more expensive than the original one:
View attachment 541637
https://www.vir.com.vn/vinfast-announces-jaw-dropping-starting-price-for-vehicles-63984.html

that's why I call it as "patriotic tax". I cannot find a better term to describe it.

 

[Beast]

The most funny thing is this vinfast shit sell a copycat more expensive than those Japanese, korean counterpart, and even more expensive than the original one:
View attachment 541637
https://www.vir.com.vn/vinfast-announces-jaw-dropping-starting-price-for-vehicles-63984.html

Lol... No choice, cos BMW want to earn money from engine sales unless they can get copy engine.

 

[Viet]

that's why I call it as "patriotic tax". I cannot find a better term to describe it.

Vietnam buyers will subsidize foreign buyers. Many countries do that way to support exports. Why are you surprised? As for price and models, VF leadership consists of former General Motors managers, I think they know car business better than you.

 

[lcloo]

General Motor failed in USA, their China Operation saved them from bankcruptcy, General Motor Vietnam operation failed, their executives sold themselves to Vinfast.

 

[Viet]

General Motor failed in USA, their China Operation saved them from bankcruptcy, General Motor Vietnam operation failed, their executives sold themselves to Vinfast.

Not a problem at all my friend. The experience of those GM managers are highly valuable for VF car factories. VF has even acquired the GM factory. It can produce hundreds thousands of cars.

 

[faithfulguy]

Vietnam buyers will subsidize foreign buyers. Many countries do that way to support exports. Why are you surprised? As for price and models, VF leadership consists of former General Motors managers, I think they know car business better than you.

View attachment 541665

View attachment 541667

View attachment 541669

The first picture is almost there. All you need is Vietnamese girls in wedding gowns to imply that buy the car, get yourself a mail order bride.

This car company should team up with a mail order bride agency. The more expensive the car, the better looking the bride.

Not a problem at all my friend. The experience of those GM managers are highly valuable for VF car factories. VF has even acquired the GM factory. It can produce hundreds thousands of cars.

View attachment 541747

View attachment 541745

Are you the guy telling people to buy the dong as its the next currency to appreciate? The dong scheme.

 

[Beast]

Vietnam buyers will subsidize foreign buyers. Many countries do that way to support exports. Why are you surprised? As for price and models, VF leadership consists of former General Motors managers, I think they know car business better than you.

View attachment 541665

View attachment 541667

View attachment 541669

The many you mention are mostly rich nation with fat national reserve. Not sure about how long vietnam.one can last. And fact is your sell price after subsidized is still very high.

 

[GS Zhou]

Vietnam buyers will subsidize foreign buyers.

How about the following? Sell your joke fadil at $3k in China (Chevy Sail is $6k in China, hence $3k would be max. price that Chinese customers willing to pay for your joke fadil). I will buy it from China, seriously. After that, I will transport it back to vietnam. The vn government may charge me a 100% tariff. Ok, the car becomes $6k. Later I will sell it in vietnam again, at 10k, a very reasonable price, much much more lower than the original 18k pricing in vietnam, hence a big amount of patriotic tax would be saved for the local people in vietnam.

This is a perfect deal. All win:
- The joke vn car company could claim on the vn media that "our vn cars are selling well in China";
- vn government could collect the tariff
- Vietnam customers could pay less, but still get the fadil, and obtain the reputation of "patriotic"
- I could earn a tiny amount of profit as well. But compared to the terrific gaining of the vn car company, vn government, and normal Vietnam customers, my gaining is merely nothing.

damn, cannot wait!

 

[Viet]

How about the following? Sell your joke fadil at $3k in China (Chevy Sail is $6k in China, hence $3k would be max. price that Chinese customers willing to pay for your joke fadil). I will buy it from China, seriously. After that, I will transport it back to vietnam. The vn government may charge me a 100% tariff. Ok, the car becomes $6k. Later I will sell it in vietnam again, at 10k, a very reasonable price, much much more lower than the original 18k pricing in vietnam, hence a big amount of patriotic tax would be saved for the local people in vietnam.

This is a perfect deal. All win:
- The joke vn car company could claim on the vn media that "our vn cars are selling well in China";
- vn government could collect the tariff
- Vietnam customers could pay less, but still get the fadil, and obtain the reputation of "patriotic"
- I could earn a tiny amount of profit as well. But compared to the terrific gaining of the vn car company, vn government, and normal Vietnam customers, my gaining is merely nothing.

damn, cannot wait!

Nonsense. Quality costs money. Nobody should buy a $6k car. What to expect from so a cheap car? Such low quality car will fall apart in few months. Fyi, as of mid of Feb, 6,700 Vietnamese have placed orders with the most expensive model SUV ($80k) as the top purchase.


http://vietbao.vn/O-to-xe-may/VinFa...g-phai-la-mau-xe-an-khach-nhat/223178988/350/

You seem to have interest of low priced Fadil, here a test report (in Vietnamese)

 

[GS Zhou]

Nonsense. Quality costs money. Nobody should buy a $6k car. What to expect from so a cheap car? Such low quality car will fall apart in few months.

You have no idea how an effective supplier network works to lower the cost, but still have a good quality control. Chevy Sail sells about 600k units in China in the last five years. Not a big number (China's total car sales last year was 24 million units). But the sales volume is sufficient enough to prove its quality. Fall apart in few months. That's nonsense.

Cannot build the car in the $3k cost limitation? Sorry, then your car has zero chance in China. I've told you already, Chevy Sail sells at $6k in China, which sets the price ceiling to your joke fadil ($3k, no more).

Fyi, as of mid of Feb, 6,700 Vietnamese have placed orders with the most expensive model SUV ($80k) as the top purchase.

interesting. Tell us the following then:
- For a so-called order, how much you need to pay in advance as a deposit? Is the deposit refundable (i.e. if you later cancel the order, can you get your deposit back)?
- Are there any real cars that could be test driving now? Does the so-called 6,700 customers have the chance to do at least one test drive before the order?
- Are they actually "real" customers? Are there any "relationship companies" hidden behind? the investor of the vn car company has a big business in the country. Hence lots of suppliers for different business areas. For a big company, it is so easy to request (in a subtle way) its suppliers to order some vehicles as a proof of friendship. I guess even a large portion of the orders are done by the company itself (or its subsidiary). For example, how about "buy one property, get the usage right of the car for 12 or 24 months"?

You seem to have interest of low priced Fadil, here a test report (in Vietnamese)

you call this test report? where is the test then? I don't understand the vn language. But at least I can watch. All that I can see is a man walking around the car, like a sales person. He even not opens up the car door to let others see how the interior is, how the space of the rear row is, how the console is, how much soft materials, how much hard materials, any high tech features there, etc and etc. Needless to say a real drive to show how the driving performance is. Nothing at all! Only walking around the car from the outside. And you call it as a TEST!

I guess very likely the car door is locked. Or the car company does not allow the guy to open the door. This is not J20 or F22. What are they trying to hide?

Let me show you what a real car test video looks like. India media test drive the Chinese cars. We can see the car from inside, outside, and more importantly, driving.

BTW, the red SUV you see, MG HS, is priced starting from RMB 120k/ USD 18k. Compared to the joke Fadil with the same price, tell me which you think Chinese customers would choose?

 

[ZeEa5KPul]

The first picture is almost there. All you need is Vietnamese girls in wedding gowns to imply that buy the car, get yourself a mail order bride.

This car company should team up with a mail order bride agency. The more expensive the car, the better looking the bride.



Are you the guy telling people to buy the dong as its the next currency to appreciate? The dong scheme.

I'm in tears!

How about the following? Sell your joke fadil at $3k in China (Chevy Sail is $6k in China, hence $3k would be max. price that Chinese customers willing to pay for your joke fadil). I will buy it from China, seriously. After that, I will transport it back to vietnam. The vn government may charge me a 100% tariff. Ok, the car becomes $6k. Later I will sell it in vietnam again, at 10k, a very reasonable price, much much more lower than the original 18k pricing in vietnam, hence a big amount of patriotic tax would be saved for the local people in vietnam.

This is a perfect deal. All win:
- The joke vn car company could claim on the vn media that "our vn cars are selling well in China";
- vn government could collect the tariff
- Vietnam customers could pay less, but still get the fadil, and obtain the reputation of "patriotic"
- I could earn a tiny amount of profit as well. But compared to the terrific gaining of the vn car company, vn government, and normal Vietnam customers, my gaining is merely nothing.

damn, cannot wait!

I want to invest in this scam business opportunity. Selling Vietnamese their own trash back for great profit.

 

[Kai Liu]

Nonsense. Quality costs money. Nobody should buy a $6k car. What to expect from so a cheap car? Such low quality car will fall apart in few months. Fyi, as of mid of Feb, 6,700 Vietnamese have placed orders with the most expensive model SUV ($80k) as the top purchase.


http://vietbao.vn/O-to-xe-may/VinFa...g-phai-la-mau-xe-an-khach-nhat/223178988/350/

You seem to have interest of low priced Fadil, here a test report (in Vietnamese)

"Quality costs money..", is this the reason for your insane price? so you are saying this rebadged junk hatch back has higher quality than those from Toyota, Hyundai, or the original Chevy Spark???
You are such joke...

Let me tell you the reason: the joke company vinfast has to pay GM tons of money to rebadge this little midget hatchback, then you have to get the money back from the costumer... Same thing for your ten-year old "BMW" tech and the imported parts...

But no one should blame this joke company "vinfast" because it has no choice... The jungle country vn, one of the most backward country in the world, has zero in technolgy and nothing to offer...

Here in China, we have the world-class infrastructure, the world's largest and most efficient supply chain for everything, and the largest domestic market by far hence the economy of scale, these things make our product most cost effective... $6K car from China is OK, but definitely a piece of shit if it is from jungle vn, even if you can put together one... which I doubt...