VinFast signed its first dealership in California.
The announcement comes on the back of recent reports from media outlets — including Canadian auto dealer — in which news of the electric vehicle maker’s reported plans to shutter five of its 10 retail corporate-owned stores in Canada spread across the nation.
In a news release, the Vietnamese EV maker said its newest dealership will be located in San Diego and is officially set to begin operations this month. The company has an established network of more than 30 authorized dealerships across the United States. It has also fully transitioned to a franchise dealership model in all 50 states — one it introduced in 2023.
“Adding our first dealership in California signifies VinFast’s next strategic step in our business model transition and the development of our global dealership network,” said Mike Nolte, Vice President of Sales at VinFast US, in a statement. He later added that the company is “committed to expanding effectively within the U.S. market.”
VinFast San Diego will be part of the Sunroad Automotive Group and plans to sell its VF 8, five-passenger electric, mid-size SUV and the VF 9 full-size, three-row, seven-passenger electric SUV. It will also offer comprehensive after-sales services, including warranty support, maintenance and repair, and genuine VinFast parts.
