VINFAST EXPANDS DEALERSHIP NETWORK, REINFORCING LONG-TERM COMMITMENT TO THE U.S. MARKET
VinFast adds three U.S. dealerships and expands its EV CPO program, emphasizing service coverage and long-term commitment to American customers.
Rhea-AI Summary
VinFast (VFS) has finalized franchise agreements for three new U.S. dealerships in Redondo Beach and Tustin, California, and Philadelphia, Pennsylvania, as part of its North American growth strategy focused on expanding sales and service coverage.
The dealerships are scheduled to begin operations in September and will provide maintenance, warranty, and aftersales services aligned with VinFast’s global standards. Customers will be able to view and receive consultations on the VF 8 (D-segment) and VF 9 (E-segment) electric SUVs at these locations. VinFast is also expanding its Certified Pre-Owned program, offering rigorously inspected EVs with factory warranty coverage of up to 10 years, reinforcing its long-term commitment to the U.S. market and customer-focused ownership experience.
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Key Figures
- New dealerships
- 3 dealerships
- Franchise agreements finalized in California and Pennsylvania
- Operations start
- September
- Scheduled start for the three new dealerships
- Warranty coverage
- Up to 10 years
- Certified Pre-Owned program coverage
Historical Context
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CPO program offered financing starting at 2.99% APR and warranty coverage up to 10 years
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
franchise agreements financial
certified pre-owned (cpo) program technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
VinFast has officially finalized franchise agreements for three strategic dealerships, offering sales and service support, in
Scheduled to begin operations in September, the three new dealerships will provide comprehensive maintenance services in line with VinFast's global standards, warranty support, and aftersales services. Customers will also have the opportunity to explore, receive expert consultation on, and learn more about VinFast's two electric SUV models, the VF 8 (D-segment) and VF 9 (E-segment), directly at these locations.
As VinFast enters its next phase of growth, the Company continues to put customers at the center of everything it does, with a focus on investing in and expanding service capabilities in key markets. Through these efforts, both existing owners and prospective VinFast customers will be able to fully experience the Company's sales, maintenance, warranty, and aftersales support within their local communities.
The continued expansion of VinFast's sales and service network will further enhance the customer experience, provide greater convenience throughout the ownership journey, and help optimize total cost of ownership.
Brian Finnerty, CEO of VinFast North America, said: "Our vision is clear: VinFast is continuing to build for the next phase of growth by investing in the customer experience, strengthening our team, continuously enhancing our products, policies, and sales and service network. These new dealerships will ensure customers can access comprehensive sales, maintenance, and warranty support right in their local communities. This is more than an expansion of our network. It is a long-term commitment by VinFast to the U.S. market as we enter our next chapter of growth."
Alongside the expansion of its sales and service network, VinFast continues to strengthen its Certified Pre-Owned (CPO) Program, giving customers in the
Together with an increasingly diverse and accessible product lineup, VinFast remains committed to its mission of making electric vehicles more accessible to everyone, helping customers make the transition to sustainable transportation with greater ease and confidence.
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About VinFast
VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam's largest conglomerates, is a pure-play electric vehicle ("EV") company with the mission of making EVs accessible to everyone. VinFast's product lineup today includes a wide range of electric cars, e-scooters, e-bikes and e-buses.
VinFast is embarking on its next growth phase by rapidly scaling its distribution and franchised dealership network globally while expanding its global manufacturing footprint across North America, Europe, the Middle East, and Asia.
Learn more at: https://vinfastauto.us/
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SOURCE VinFast
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Where are VinFast’s newly announced U.S. dealerships located?
The new VinFast dealerships are in Redondo Beach and Tustin, California, and Philadelphia, Pennsylvania. These locations will offer both sales and service support for customers.
When are the new VinFast dealerships expected to begin operations?
The three new dealerships are scheduled to begin operations in September, providing maintenance, warranty, and aftersales services once open.
Which VinFast models will be available at the new dealerships?
Customers at the new locations will be able to explore and receive expert consultation on VinFast’s two electric SUV models: the VF 8 (D-segment) and VF 9 (E-segment).
What does VinFast’s Certified Pre-Owned (CPO) Program offer U.S. customers?
The Certified Pre-Owned Program gives U.S. customers access to high-quality electric vehicles at attractive prices, backed by rigorous inspection standards and an EV factory warranty coverage of up to 10 years, which the company describes as “America’s Best Electric Vehicle” warranty.