VinFast Faces Lawsuit Over Unpaid Rent in California

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

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

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

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-

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

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

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

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

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-

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

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

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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