← VinFast Auto Ltd. Ordinary Shares overview

VinFast Auto Ltd. Ordinary Shares vs Ferrari NV: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

VinFast Auto Ltd. Ordinary Shares (VFS)

Q3 202620 Jun – 17 Sep 2026

▲3

VinFast's sales boom, path to profit, and new markets drive the story

Q1 revenue and deliveries jump VinFast's Q1 2026 revenue rose 41.7% to $920.7 million as EV deliveries climbed 61% to 58,577, with e-scooter deliveries up 219%. More vehicles sold at a growing scale points to stronger demand and supports the stock.
This is the core new financial and delivery result that shows the business growing.
Domestic sales surge and VF 2 orders Vietnam sales jumped 58% in June and 72% in the first half. The new low-cost VF 2 drew about 29,000 orders in three days, and management targets Vietnam break-even by 2027. Strong orders raise hopes losses will shrink.
It shows demand is accelerating and gives a concrete path toward profitability.
GSM taxi expansion gives captive buyer VinFast-linked taxi operator GSM plans to enter the US, Sweden and the Netherlands by year-end ahead of a 2028 Hong Kong IPO. GSM buys every car it uses from VinFast, so its expansion guarantees extra vehicle sales for VinFast.
It is a new, concrete source of overseas demand tied directly to VinFast sales.
Global EV growth helps, but losses and US plant dispute weigh Global EV sales rose 35% in Q2 and Vietnam's EV market more than doubled, with VinFast leading. But VinFast's Q1 net loss widened 58.9% and its North Carolina factory faces a lawsuit, so expansion costs and legal risk remain a real drag.
It gives the fair counterweight: strong industry demand versus widening losses and legal trouble.

August 202620 Jun – 17 Sep 2026

▲3

VinFast's sales boom, path to profit, and new markets drive the story

Q1 revenue and deliveries jump VinFast's Q1 2026 revenue rose 41.7% to $920.7 million as EV deliveries climbed 61% to 58,577, with e-scooter deliveries up 219%. More vehicles sold at a growing scale points to stronger demand and supports the stock.
This is the core new financial and delivery result that shows the business growing.
Domestic sales surge and VF 2 orders Vietnam sales jumped 58% in June and 72% in the first half. The new low-cost VF 2 drew about 29,000 orders in three days, and management targets Vietnam break-even by 2027. Strong orders raise hopes losses will shrink.
It shows demand is accelerating and gives a concrete path toward profitability.
GSM taxi expansion gives captive buyer VinFast-linked taxi operator GSM plans to enter the US, Sweden and the Netherlands by year-end ahead of a 2028 Hong Kong IPO. GSM buys every car it uses from VinFast, so its expansion guarantees extra vehicle sales for VinFast.
It is a new, concrete source of overseas demand tied directly to VinFast sales.
Global EV growth helps, but losses and US plant dispute weigh Global EV sales rose 35% in Q2 and Vietnam's EV market more than doubled, with VinFast leading. But VinFast's Q1 net loss widened 58.9% and its North Carolina factory faces a lawsuit, so expansion costs and legal risk remain a real drag.
It gives the fair counterweight: strong industry demand versus widening losses and legal trouble.

Latest20 Jun – 17 Sep 2026

▲3

VinFast's sales boom, path to profit, and new markets drive the story

Q1 revenue and deliveries jump VinFast's Q1 2026 revenue rose 41.7% to $920.7 million as EV deliveries climbed 61% to 58,577, with e-scooter deliveries up 219%. More vehicles sold at a growing scale points to stronger demand and supports the stock.
This is the core new financial and delivery result that shows the business growing.
Domestic sales surge and VF 2 orders Vietnam sales jumped 58% in June and 72% in the first half. The new low-cost VF 2 drew about 29,000 orders in three days, and management targets Vietnam break-even by 2027. Strong orders raise hopes losses will shrink.
It shows demand is accelerating and gives a concrete path toward profitability.
GSM taxi expansion gives captive buyer VinFast-linked taxi operator GSM plans to enter the US, Sweden and the Netherlands by year-end ahead of a 2028 Hong Kong IPO. GSM buys every car it uses from VinFast, so its expansion guarantees extra vehicle sales for VinFast.
It is a new, concrete source of overseas demand tied directly to VinFast sales.
Global EV growth helps, but losses and US plant dispute weigh Global EV sales rose 35% in Q2 and Vietnam's EV market more than doubled, with VinFast leading. But VinFast's Q1 net loss widened 58.9% and its North Carolina factory faces a lawsuit, so expansion costs and legal risk remain a real drag.
It gives the fair counterweight: strong industry demand versus widening losses and legal trouble.

Ferrari NV (RACE)

Q3 202617 Jun – 30 Jul 2026

▲2▼1

Ferrari's EV backlash fades as demand and profits surge

Luce EV demand defies design criticism Ferrari's first electric car, the Luce, hit its annual sales target of about 500 units in under two months, with China's initial allocation selling out. The order book now stretches to late 2027. Strong demand pushes RACE up because it shows the EV is winning buyers despite early criticism.
This is the clearest new evidence that the EV launch is commercially successful, directly lifting demand expectations.
Ferrari raises full-year guidance after Q2 beat Ferrari beat second-quarter revenue and earnings estimates and raised its full-year outlook for revenue, profit, and cash flow. The order book extends through all of 2027. Higher guidance signals the business is stronger than expected, which supports a higher stock price.
Guidance raises are a direct, fundamental driver of the stock and show management's confidence in future profits.
China consumer weakness hits luxury autos European luxury automakers are seeing weaker demand in China as consumers shift to cheaper domestic brands. Ferrari's China sales have fallen, though less sharply than mass-premium car brands. This is a real headwind that could cap RACE's gains, especially if the trend worsens.
It is the main counterweight in the period, showing a risk to demand that investors should weigh.

July 202617 Jun – 30 Jul 2026

▲2▼1

Ferrari's EV backlash fades as demand and profits surge

Luce EV demand defies design criticism Ferrari's first electric car, the Luce, hit its annual sales target of about 500 units in under two months, with China's initial allocation selling out. The order book now stretches to late 2027. Strong demand pushes RACE up because it shows the EV is winning buyers despite early criticism.
This is the clearest new evidence that the EV launch is commercially successful, directly lifting demand expectations.
Ferrari raises full-year guidance after Q2 beat Ferrari beat second-quarter revenue and earnings estimates and raised its full-year outlook for revenue, profit, and cash flow. The order book extends through all of 2027. Higher guidance signals the business is stronger than expected, which supports a higher stock price.
Guidance raises are a direct, fundamental driver of the stock and show management's confidence in future profits.
China consumer weakness hits luxury autos European luxury automakers are seeing weaker demand in China as consumers shift to cheaper domestic brands. Ferrari's China sales have fallen, though less sharply than mass-premium car brands. This is a real headwind that could cap RACE's gains, especially if the trend worsens.
It is the main counterweight in the period, showing a risk to demand that investors should weigh.

Latest17 Jun – 30 Jul 2026

▲2▼1

Ferrari's EV backlash fades as demand and profits surge

Luce EV demand defies design criticism Ferrari's first electric car, the Luce, hit its annual sales target of about 500 units in under two months, with China's initial allocation selling out. The order book now stretches to late 2027. Strong demand pushes RACE up because it shows the EV is winning buyers despite early criticism.
This is the clearest new evidence that the EV launch is commercially successful, directly lifting demand expectations.
Ferrari raises full-year guidance after Q2 beat Ferrari beat second-quarter revenue and earnings estimates and raised its full-year outlook for revenue, profit, and cash flow. The order book extends through all of 2027. Higher guidance signals the business is stronger than expected, which supports a higher stock price.
Guidance raises are a direct, fundamental driver of the stock and show management's confidence in future profits.
China consumer weakness hits luxury autos European luxury automakers are seeing weaker demand in China as consumers shift to cheaper domestic brands. Ferrari's China sales have fallen, though less sharply than mass-premium car brands. This is a real headwind that could cap RACE's gains, especially if the trend worsens.
It is the main counterweight in the period, showing a risk to demand that investors should weigh.