GlobalData blog: Shifting gears: VinFast’s leadership changes and strategic direction Founded in 2017 as a subsidiary of the Vietnamese conglomerate Vingroup, VinFast set ambitious goals to establish itself as a global automotive brand. The company made its international debut at the 2018 Paris Motor Show, unveiling the LUX A2.0 and SA2.0 – both rebadged versions of the BMW 5 Series and X5 – rather than launching them domestically in Vietna...

News  Updated at: 2025/02/20

feature electromagnetic suspension based on magnetic levitation in the future. In addition, the minivan has various technology and design features such as LED headlights and reinforced bodywork among others. The GN8 GT version is now available on the GAC website in Mexico for MXN 888,800 while the LUX version is available for MXN 1,028,800. (Cluster Industrial and GAC Mexico on May 13, 2024)...

News  Updated at: 2024/05/16

JAC Motors unveils new T9 double-cab range in South Africa On October 23, JAC Motors unveiled the new T9 double-cab range in South Africa, with prices starting from ZAR 529,900 to ZAR 649,900. The T9 2.0L CTi range includes four Lux and Super Lux variants, offering both 4×2 and 4×4 configurations to suit a wide range of preferences. The new T9 is 5,330 mm long, 1,965 mm wide, and 1,920 mm high, and has a wheelbase of 3,110 mm. The vehicle is eq...

News  Updated at: 2023/10/25

JAC Motors introduces T8 Super-Lux in South Africa On August 18, JAC Motors South Africa presented the T8 2.0L CTI Super Lux double-cab. The T8 is manufactured in China, and exported to over 40 left- and right-hand-drive countries.  It has a 2.0-liter common-rail turbo-diesel engine with an intercooler and “Electrical Variable Geometry Turbocharger (EVGT)”. It delivers 104 kW power and 320 Nm torque. The engine is mated to a 6-speed manual t...

News  Updated at: 2023/08/18

VinFast Vietnam records sales of 1,220 cars in August 2022 Announced on September 12, 2022, VinFast Vietnam, in August 2022, achieved sales of 1,220 cars (down 47.2% YoY and 42.9% MoM), including 329 units of Fadil, 849 Lux A2.0 cars, 37 units of Lux SA2.0, and 5 VF e34 electric cars. The sales decline is mainly due to the small number of inventory orders of the 3 gasoline car lines, while the VF e34 electric car model is still facing difficultie...

News  Updated at: 2022/09/13

VinFast Vietnam records sales of 2,137 cars in July 2022 Announced on August 10, 2022, VinFast Vietnam, in July 2022, achieved sales of 2,137 cars (down 43.5% YoY and 14.2% MoM), including 766 units of Fadil, 1,085 Lux A2.0 cars, 224 units of Lux SA2.0, and 62 VF e34 electric cars. VinFast noted a high sales month for Lux A2.0, with sales surpassing 1,000 units. However, difficulties in the supply chain of components continue to hit the product...

News  Updated at: 2022/08/11

VinFast Vietnam records sales of 2,490 cars in June 2022 On July 12, 2022, VinFast Vietnam announced sales of 2,490 cars recorded in June 2022, consisting of 1,338 Fadil cars, 359 Lux A2.0 cars, 11 Lux SA2.0 cars, and 782 VF e34 cars in June 2022. This is the month with the highest number of VF e34 electric cars handed over to customers since the beginning of 2022.Due to difficulties in supply of components, the number of Lux A2.0 and Lux SA2.0 c...

News  Updated at: 2022/07/12

VinFast Vietnam records sales of 3,050 cars in May 2022 On June 14, 2022, VinFast Vietnam announced sales of 3,050 cars recorded in May, up 25.6% MoM, of which sales of Fadil reached 1,909 units, Lux A2.0 sold 425 units, Lux SA2.0 sold 268 units, while over 448 units of VF e34 cars were delivered to customers, the third consecutive month of surpassing 400 units. All VinFast models sold on the market recorded impressive growth in May, even some mo...

News  Updated at: 2022/06/16

54 units delivered. The VF e34 electric car has the second highest sales volume with 406 units, while its YTD sales already reached 911 units. VinFast said it is currently trying to solve problems with the supply of components to boost production and speed up the car deliveries. Meanwhile, sales of Lux A2.0 and Lux SA2.0 models recorded sales of 287 units and 80 units, respectively, in the month of April.In the first 4 months of 2022, VinFast’s...

News  Updated at: 2022/05/11

VinFast Vietnam sees 49.0% YoY sales increase in March 2022 with 3,471 units Reported on March 10, 2022, VinFast Vietnam recorded sales of 3,471 cars in March 2022 (down 49.0% YoY), contributed by 2,567 Fadil cars, 309 Lux A2.0 cars, 183 Lux SA2.0 cars, and 412 units of VF e34 EV.Accumulated sales of VinFast in the first 3 months of 2022 reached 6,728 cars, including 4,665 units of Fadil, 678 Lux A2.0 cars, 880 Lux SA2.0 cars and 505 units of VF...

News  Updated at: 2022/04/15

VinFast Vietnam sees 32.8% YoY sales decline in February 2022 with 1,154 units Reported on March 10, 2022, VinFast Vietnam recorded sales of 1,154 cars in February 2022 (down 32.8% YoY), contributed by 697 Fadil cars, 170 Lux A2.0 cars, 234 Lux SA2.0 cars, and 53 units of VF e34 EV.In the month that coincides with the Lunar New Year, shortage of spare parts continued to affect the production progress and handover of its electric cars VF e34 to cu...

News  Updated at: 2022/03/11

VinFast Vietnam announces sales of 2,103 cars in January 2022 On February 10, 2022, VinFast announced its auto business results in the first month of 2022 with sales reaching 2,103 cars, down 24.9% from January 2021. Sales of Fadil cars reached 1,401 units, followed by 463 units of Lux SA2.0, 199 Lux A2.0 cars, and 40 VF e34 cars in January 2022.According to VinFast, this is the second month for VF e34 electric cars to be delivered to customers. ...

News  Updated at: 2022/02/11

Vietnam VinFast achieves 21.2% sales growth in 2021 with 35,723 cars On January 10, 2022, VinFast announced its auto business results in December 2021 with a total of 3,047 cars sold, down 20.4% MoM, including 1,753 Fadil cars, 601 Lux A2.0 cars, 608 Lux SA2.0 cars, and 85 units of VF e34. Accumulated sales of VinFast in 2021 totaled 35,723 cars (including 24,128 Fadil cars, 6,330 Lux A2.0 cars, 5,180 Lux SA2.0 cars, and 85 VF e34 cars). The sale...

News  Updated at: 2022/01/11

Vietnam VinFast sees sales of 3,829 cars in November 2021, to deliver first batch of VF e34 EVs on December 25 On December 10, 2021, VinFast announced its auto business results in November with a total of 3,829 cars sold, up 15.3% MoM, including 2,489 Fadil cars (the 6th consecutive month with over 2,000 units sold), 421 Lux A2.0 cars and 919 Lux SA2.0 cars. Accumulated sales of VinFast in January-November 2021 totaled 32,676 cars, including 22,3...

News  Updated at: 2021/12/14

Vietnam VinFast announces sales of 3,320 cars in October 2021 On November 10, 2021, VinFast announced its auto business results in October with a total of 3,320 cars sold, including 2,218 Fadil cars (slightly decreased from a record sales level in September but marked the 5th consecutive month with over 2,000 units sold), 537 Lux A2.0 cars and 565 Lux SA2.0 cars.Accumulated sales of VinFast in the first 10 months of 2021 reached 28,847 cars, incl...

News  Updated at: 2021/11/12

VinFast delivers first batch of cars to Laos On November 9, 2021, VinFast officially handed over the first batch of its cars, locally assembled in Hai Phong, to Phongsubthavy Group (Laos), consisting of 5 VinFast President SUVs and 13 units of Lux A2.0. The event also contributes to tightening the official cooperation relationship between VinFast and Phongsubthavy Group since the 2 sides signed a memorandum of understanding on cooperation in June...

News  Updated at: 2021/11/12

Vietnam VinFast announces sales of 3,497 cars in September 2021 On October 11, 2021, VinFast Business, Trade and Service Co., Ltd. announced its automobile business results in September 2021, with a total of 3,497 cars sold, up 51.4% MoM. Specifically, 2,565 Fadil cars, 486 Lux A2.0 cars and 446 Lux SA2.0 cars were handed over to customers in September, reflecting the strong rebound of VinFast after a long period of social distancing in many loca...

News  Updated at: 2021/10/12

Vietnam VinFast sees 2,310 cars sold in August 2021, car deliveries limited by global chip shortage On September 10, 2021, Vietnam VinFast announced its auto business results in August 2021, with a total of 2,310 vehicles sold, consisting of 2,048 Fadil cars, 254 Lux A2.0 cars and 8 Lux SA2.0 cars. VinFast Fadil continues to be the most popular model, with over 2,000 vehicles being handed over for the third consecutive month.In Vietnam, August...

News  Updated at: 2021/09/13

largest conglomerate, funding is not an issue for VinFast, and the firm is not bound by legacy tech, such as the Japanese carmakers in Indonesia. This allows it to be more agile and flexible in following global EV trends.There are 3 models in the VinFast trademark documents, which appear to be the Lux SA 2.0, the Lux A 2.0 and an EV that looks similar to the VinFast e35. The Lux SA is a big SUV based on the previous generation F15 BMW X5, while ...

News  Updated at: 2021/09/06

Vietnam VinFast records sales of 3,782 cars in July 2021 On August 10, 2021, Vietnam VinFast announced its auto business results in July 2021 which continue to maintain growth momentum from June. In July, a total of 3,782 Lux and Fadil cars were sold, an increase of 14.7% MoM. Specifically, VinFast has sold 2,928 Fadil cars, 778 Lux A2.0 cars and 76 Lux SA2.0 cars.With this result, in the first 7 months of 2021, VinFast has handed over a total of...

News  Updated at: 2021/08/10