Remove Articles Remove Dealers Remove Market Remove Price
article thumbnail

China auto price war: BMW dealers offer discounts of up to $14,360 for i3

CN EV Post

A rare price stampede is taking place in the Chinese auto market. Image from BMW China Weibo) As a large number of car companies in China are offering huge subsidies or price cuts, BMW is offering more than 100,000 yuan ($14,360) off its all-electric model, the i3, according to local media.

Dealers 116
article thumbnail

Complainer’s Corner: Dealers Now Whinging About Rail Logistics

The Truth About Cars

After weathering pandemic-related shutdowns, chip shortages, and barren lots, some dealers are complaining our nation’s rail system is suddenly no longer up to the task of delivering new cars. A few are saying they have a point, whilst others muse it is a bit of karma for three years of price gouging and “additional dealer markups”.

Dealers 95
article thumbnail

Tesla direct to consumer sales bleed dealers of profit in California

Teslarati

A new report finds that Tesla accounted for roughly $700,000 in lost gross profit per dealer in California during 2022. Reliant on the dealership model , Tesla has proved that legacy automakers are less profitable and slower to react to market trends. What do you think of the article?

Dealers 99
article thumbnail

Price wars fail to boost China's auto consumption

CN EV Post

Many automakers in China launched rare price wars in March to try to boost sales. The Vehicle Inventory Alert Index for China's auto market was 62.4 More than 60 percent of dealers said they met less than 80 percent of their sales targets in the first quarter. For more articles, please visit CnEVPost. Of those, 20.5

Auto 123
article thumbnail

E2Ws price after restructured FAME-II Scheme & key market drivers 

Electric Vehicles India

E2Ws price after restructured FAME-II Scheme & key market drivers . We have been talking about electric vehicles high prices, FAME II scheme modified & extended, revised EV prices, for few days. Let us now first look at E2Ws price FAME-II Scheme. . E2Ws price FAME-II Scheme. Key market drivers.

Price 100
article thumbnail

Tesla’s pricing strategy comes down to one key difference from its competitors

Teslarati

Tesla’s pricing strategy comes down to one key difference from its competitors, and as the automaker recently cut pricing for the fifth time this year, the method to its madness is being further examined. It is both car maker and car dealer. Dealer-related discounts rarely rise to become investor-level news.”

Price 103
article thumbnail

NIO won't get involved in price war, exec says

CN EV Post

China's auto industry is facing cyclical swings in the transition to electrification that can't be weathered by price wars and require automakers to stick to brand values, an NIO executive said. Not only is NIO not dropping prices for 90 days, but prices won't change for a longer period of time, he said.

Price 115