VinFast Expands Its Dealer Network in the USA!
Vietnam's automobile manufacturer VinFast is preparing to expand its dealer network to grow in the US market. VinFast plans to open hundreds of dealerships in the United States in 2024. VinFast will also offer its new models for sale in the USA.
VinFast Aims to Reach 125 Dealers in the USA
VinFast has abandoned its direct sales policy in the US. VinFast prefers to reach its customers in the USA through dealers. In this way, VinFast aims to increase its market share in the USA.
VinFast announced in August that it would establish a dealer network in the USA. Following this announcement, VinFast received many dealer applications. VinFast is currently evaluating 70 dealer applications. VinFast aims to have hundreds of dealers in the USA by 2024.
VinFast currently sells only the VF 8 model in the US. This model was introduced in 2021. VF 8 is an SUV model and has an electric motor that produces 300 horsepower. The VF 8 is on sale at 13 dealers in the USA and 2021 units were sold in 237.
VinFast Will Introduce Its New Models in the USA
VinFast will not be content with just the VF 8 model in the USA. VinFast will also introduce its new models in the USA in 2024. VinFast will also offer the VF 9, VF 6 and VF 7 models for sale in the USA.
VF 9 will be VinFast's most luxurious model. VF 9 is a sedan model and has an electric motor that produces 800 horsepower. VF 9 will also have autonomous driving features.
VF 6 will be VinFast's compact SUV model. VF 6 has an electric motor that produces 400 horsepower. VF 6 will also have a range of 500 km.
VF 7 will be VinFast's crossover model. VF 7 has an electric motor that produces 350 horsepower. VF 7 will also have a range of 400 km.
VinFast also plans to offer the VF 3 model for sale in the USA. VF 3 will be VinFast's most affordable model. VF 3 is a hatchback model and has an electric motor that produces 150 horsepower. VF 3 will also have a range of 300 km. The VF 3 will sell for less than $20.000 in the US.
Will VinFast Be Successful in the US Market?
VinFast is making a big move to succeed in the US market. VinFast aims to reach its customers in the USA more easily by expanding its dealer network. VinFast also plans to increase competition in the USA with its new models.
VinFast also has the support of the Vietnamese government. VinFast enjoys great prestige as Vietnam's first and only automobile manufacturer. VinFast is also investing in electric vehicle technology.