Florida VinFast Store Opens
Holman dealership one of a growing number selling the Vietnamese EV maker’s line after VinFast switched from exclusively direct-to-consumer sales.
VinFast started adding dealerships last fall after starting with a direct-to-consumer model.
Holman
Vietnamese automaker VinFast now has a dealer in Florida in what’s a growing number of U.S. stores for the brand.
Auto group Holman opened the South Florida dealership in Fort Lauderdale.
VinFast signed agreements this past spring with a dozen new U.S. dealers, saying at the time that the contracts increased its total number of dealers here to 18 among California, Connecticut, Florida, Kansas, Kentucky, New York, North Carolina and Texas, the biggest concentration in California, which it says had 15 VinFast stores.
“As we continue to explore opportunities to further diversify the brands we represent, we’re thrilled to welcome VinFast to our Holman family of dealerships,” said Holman’s Executive Vice President of Retail Automotive Frank Carbone in a press release. “We look forward to introducing VinFast’s exciting lineup of electric vehicles to customers throughout the region.”
VinFast in the fourth quarter of last year switched from the direct-to-consumer model used by electric-vehicle market leader Tesla to a hybrid system and is now building out a dealership network in the U.S. and other international markets. It announced its first Middle Eastern store this week in Oman.
When it announced the 12 new U.S. dealers, VinFast said it planned to increase development of auto factories in the U.S. and other countries. It's scheduled to start production at one in North Carolina in 2028.
LEARN MORE: NADA President Talks EV Push
More Industry
Toyota Financial Services Adds to HQ
The subsidiary says the new Texas facility is designed to foster collaboration and innovation with the aim of future growth.
Read More →
Four-Figure Loan Payments on the Rise
A LendingTree analysis found that location, age and credit score play a role in the rising amount of auto loan borrowers who make monthly payments of $1,000 or more.
Read More →
Dealer Debrief: New-Vehicle Sales Update
In this week's debrief, host Lauren Lawrence discusses the state of new-vehicle sales.
Read More →
Color Your Ride
The first vehicles by startup automaker Slate will come with the option of a medley of wraps in five colors familiar from your childhood.
Read More →
China Leads Global EV Sales
Globally, electric-vehicle sales are continuing their upward trajectory, buoyed by Chinese exports, as the North American region continues to lag behind.
Read More →
How Defection Data is Bridging the Dealership Conversion Gap
Lead volume is flat, cross-shopping is up and brand loyalty is in retreat. As confident sales teams keep losing buyers they thought they had, daily industry sales data is showing dealers exactly where their funnel is breaking and how to fix it without buying a single new lead.
Read More →
Optimized Charging Could Reduce Costs
According to an Alliance for Automotive Innovation analysis, optimized EV charging could cut costs for drivers and improve grid infrastructure - potential adoption incentives.
Read More →
June Automotive Boon?
A forecast for this month’s new-vehicle sales tells a familiar 2026 story: Year-over-year comparisons must be made in light of last year’s aberrations.
Read More →
Safety Improvements Save Lives
Over the past 30 years, automakers have made many safety tweaks to their vehicles. An insurance industry testing group says that's largely thanks to its crash-worthiness program and that prevented fatalities are the clear result.
Read More →
Indiana Dealership Changes Hands
The Chicago-area CDJR store has been in business for nearly 70 years and is now part of a fast-growing automotive group spread across six states.
Read More →