Tag: VinFast

State sues VinFast, claims breach of deal

The state Commerce Department is suing VinFast to take control of the Chatham County land the Vietnamese company had promised would become the site of an automobile factory. Filed on Thursday, the company contends that work has stalled and it’s now impossible for the company to have a factory up and running there this year, […]

Written by on May 22, 2026

VinFast intends to restart Chatham factory this year

Vietnamese electric-vehicle maker VinFast says it intends to resume construction of its planned North Carolina factory in Chatham County as early as next month, with an eye toward launching production there in 2028. But the company has revised its ambitions, telling local officials that it expects employment in the 1,400-job range. That’s sharply lower than […]

Written by on March 17, 2026

America’s car-dealer networks’ future is focus of new report

The future of America’s car-dealer networks is a perennial question for North Carolina’s and every other legislature in the country, Congress included, so the National Automobile Dealers Association keeps the wheels of advocacy rolling. To underscore the continuing value of local-level dealerships, NADA asked the OliverWyman consultancy to have a look at how they stack […]

Written by on September 26, 2024