VinFast Faces Lawsuit Over Unpaid Rent in California

VinFast is presently involved in a legal issue in California, where a real estate services business-

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claims the automobile maker failed to meet its rental commitments for a retail space in Palo Alto.

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According to the complaint filed by SPG Center, VinFast stopped paying rent for the store in May 2023, resulting-

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in arrears exceeding $356,000 for a full year of rent. The real estate agency alleges that on April 26, a notice was delivered to VinFast to-

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either pay the outstanding money or evacuate the premises by May 1. Still, the company reportedly did not meet this deadline.

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Despite the charges, VinFast released a statement explicitly addressing the situation. "The claim that VinFast did not pay rent from May 1, 2023,

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to April 1, 2024, is incorrect. We have paid monthly rent payments up to March 2024. "We have suspended rent payments since April-

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2024 due to ongoing negotiations with the landlord to amend the lease agreement," the business told Reuters.

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Given the more significant issues that VinFast faces, this rental disagreement may appear to be a minor concern.

Recently, federal safety officials initiated a probe into a deadly accident involving a VinFast VF 8. Tarun and Rincy George, along with their two-

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children, were killed in Pleasanton, California, after their VF 8 crashed with an oak tree and ignited.

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The National Highway Traffic Safety Administration (NHTSA) received a complaint from the owner of the car, who had rented it to George.

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The owner noted past steering troubles with the SUV, raising the possibility that such a flaw contributed to the deadly accident.

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