VinFast is closing many of its company-owned showrooms in the United States and Canada, shifting to a full franchise model due to declining sales, high costs, and a strategic shift that sees the brand ...
Bankruptcy is common within the automotive industry. VinFast has struggled to bring in the number of models it originally planned. VinFast is once again tapping its co-founder for more capital. 10 ...
VinFast’s bid to break into the American market has struggled to gain traction. The Vietnamese automaker’s US adventure has been marked by sluggish sales, dwindling dealership support, and a strategy ...
It’s been a bumpy 2025 for VinFast with closing dealers and sales down by nearly 60% this year. One can say that VinFast can trace its origins, of all things, to the food industry. More specifically, ...
Vietnam’s largest carmaker VinFast Auto Ltd. has secured a $150 million loan from Barclays Plc, as it advances expansion efforts to compete in the global electric vehicle market. Work on the ...
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