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Survey: Dealers think Biden is moving too fast on EVs

Baua Electric

Dealers think the Biden administration’s EV policies are forcing the auto industry to move ahead of market demand, according to a new Automotive News survey. The publication’s 2024 Dealer Outlook Survey compiled responses from 208 U.S. car dealers and dealership managers. billion on EV infrastructure.

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Dealers Finally Have EV Inventory But Now Lack Buyers

The Truth About Cars

We’ve been hearing about the rise of electric vehicles for years, but while they are growing rapidly in number, there’s still a disconnect between an auto industry hell-bent on electrification and the desires of the people they rely on to buy new cars.

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China to allow extended sales periods for ICE models based on existing emissions standard, report says

CN EV Post

Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor. On March 23, China's Auto Dealers Chamber of Commerce (CADCC) called on regulators to delay the implementation of the China 6b emissions standard.

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

CN EV Post

In the past two days, rumors have surfaced that BMW dealers are offering massive subsidies for the i3 in China, and that consumers who pay full cash for the car can even get the model for RMB 120,000 to 180,000, less than half the retail price. The rumors and the dealers' moves come as the Chinese auto industry is staging a rare price war.

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Hackers demand massive ransom as cyberattack plagues auto dealerships

Teslarati

and Canada’s most commonly used auto dealer management software has rendered over 15,000 dealerships unable to make sales over the past few days, and those who claim to be behind the outage are demanding tens of millions of dollars as ransom. Auto dealerships in the U.S. A cyberattack on the U.S. dealerships.

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Auto Industry's MPG Report Card, Dealer Dilemma, GM Mid-Size Pickups: Today's Car News

Green Car Reports

Today on Green Car Reports: The auto industry is making good progress in meeting gas-mileage goals, why dealers are a bottleneck for electric-car sales, and the 2015 Chevrolet Colorado and GMC Canyon mid-size pickup trucks are on their way to showrooms. All this and more on Green Car Reports.

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GlobalData: Coronavirus leads to nosedive in global vehicle sales with lowest January registrations since 2012

Green Car Congress

Driving the drop in sales was the emergence in December 2019 of the coronavirus (COVID-19) in Wuhan, China. This has created a knock-on effect for both vehicle sales and production, with dealerships devoid of customers and factories at a standstill with no one to operate them. Sales in the world’s single largest vehicle market sank 33.1%

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