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.
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.
July 31, 2024
VinFast started adding dealerships last fall after starting with a direct-to-consumer model.
Credit:
Holman
2 min to read
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
Hyundai Celebrates U.S. Milestone
The South Korean automaker said it supports 570,000 jobs in the U.S. with a planned investment of $26 billion between 2025 and 2028, according to President and CEO José Muñoz.
Read More →
Used-Vehicle Program Aims to Draw More Buyers
GM says more than 750 dealers across the U.S. are enrolled in CarBravo and that in January CarBravo dealers sold over two times the certified volume of Chevrolet, Buick and GMC dealers using traditional CPO.
Read More →
Meet the Editor: Hannah Mitchell
A longtime newspaper journalist, Bobit Dealer Group's editor was raised on news back in the South. Now she brings that news-hound ethic to our four auto retail magazines.
Read More →
Enhance Your Dealer's F&I Workflow at Agent Summit
This session is designed to equip general agents with actionable strategies that can help their dealers enhance the efficiency of financial services managers.
Read More →
Auto Brands Hold the Line on Retention
A flat national rate despite inflation and other financial challenges shows industry loyalty stability, annual Reynolds and Reynolds research finds.
Read More →
Price Driving Insurance Churn
Over half of insurance holders ages 18 to 29 reported to be 'somewhat' likely to change providers in the next 90 days, according to CivicScience, which found that interest was lower among older age groups.
Read More →
AI Drives Dealer Website Traffic
Total visits to dealer websites from generative artificial intelligence platforms grew more than 15 times year-over-year, signaling a shift in how many consumers shop for cars online.
Read More →
Automakers Tops in Fuel Economy
In the U.S., Honda has the most efficient gas-electrified combo lineup while Tesla beats all automakers in annual EPA ranking as brands built their alternative-fuel offerings.
Read More →
Report Finds Year-End F&I Strength
Deal volume ebbed and flowed throughout 2025, but product performance remained steady, according to automotive technology and data intelligence solutions provider StoneEagle.
Read More →
Overall Consumer Confidence Up
Americans’ view of present business conditions, the labor market and family finances, though, are still in the dumps, and if they plan to buy cars, many target used units.
Read More →