Mekong Auto Corporation, headquartered in Ho Chi Minh City, Vietnam, is a car manufacturer and assembler founded on June 22, 1991.[1] The company works with Fiat S.p.A.,[2] Pyeonghwa Motors[3] and SsangYong.[2]
MA's shareholders include Saeilo Machinery Japan Inc. (51%), Sae Yong International Inc. (19%), Veam (18%) and Sakyno (12%).[1]
The first car was built at the Delta Auto Plant on May 20, 1992.[4] The company opened the Co Loa Auto Plant in Ha Noi City in 1992.[5] In 1997, production was briefly halted due to lack of access to parts.[5] In that same year, MA sold around 30,000 vehicles.[6]
In 2009, MA announced that they will distribute the Fiat 500 in Vietnam.[7]