US Regulator Launches Investigation Into VinFast VF8 Vehicles Over Complaints Of Issues With Lane Keep Assist System
Portfolio Pulse from Anan Ashraf
The National Highway Traffic Safety Administration (NHTSA) has initiated a preliminary evaluation into VinFast Auto Ltd.'s VF8 vehicles due to complaints about the Lane Keep Assist system. The system reportedly activates in error, struggles to detect lanes, and provides improper steering inputs, potentially increasing crash risks. The investigation will determine if a safety issue exists in the 2023-2024 VF8 models.
September 12, 2024 | 10:55 am
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VinFast Auto Ltd. is under investigation by the NHTSA for potential issues with the Lane Keep Assist system in its VF8 vehicles. This could impact the company's reputation and stock price.
The NHTSA's investigation into the VF8's Lane Keep Assist system could lead to negative publicity and potential recalls, affecting VinFast's stock price negatively. The company's recent public listing and the significant year-to-date stock decline add to the potential impact.
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