VinFast has delivered 10,000 vehicles since January 1 | Car News

Automaker VinFast’s VinFast delivered 9,689 vehicles in the first quarter of 2024, from January 1 to March 31. This represents a 444 percent increase over the same period in 2023.

Adding April sales, VinFast has passed the 10,000 unit mark.

This is indeed good news. The company delivered around 35,000 vehicles last year, which means that the current pace would enable it to beat this mark. However, it is worth noting that in the fourth quarter of 2023, VinFast offers 13,513 vehicles.

There is a caveat, however, and that is that 56 percent of the vehicles presented belonged to companies connected to the VinFast empire. We know that the company is part of VinGroup, which is involved in many economic activities in Vietnam, including retail sales and housing construction.

Currently, the brand’s North American lineup only includes the VF 8 SUV at the moment, but it will soon be joined by the three-series VF 9. The VF 6 and VF 7 are set to follow, as is the VF 3, seen on various auto show floors. in recent months.

Elsewhere in the world, VinFast offers VF e34, VF 5 and e-bus.

The company is growing globally, and now has 119 showrooms around the world.

In the United States and Canada, VinFast has adjusted its strategy. Previously, there was no talk of sellers, but rather boutiques. Soon, the total number of dealers will rise to 16 in the United States, spread over seven states: Connecticut, New York, North Carolina, Texas, Florida, Kansas and Kentucky.

In Canada, there are currently nine facilities, with four more to come, located in British Columbia, Quebec and Ontario.

Currently, sales figures remain sparse in Canada. There is interest from consumers, but also a lot of caution towards the brand, which has yet to prove itself.

At this time, the financial results of VinFast show that, according to the cost of cars sold, the loss exceeds the income: $ 419.3 million against $ 270.5 million.

The battle has not been won for VinFast, but the company is still here.