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Dealers think the Biden administration's EV policies are forcing the autoindustry 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.
Today on Green Car Reports: The autoindustry 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.
Have we just seen the first crack in the facade of auto-dealer opposition to Tesla Motors selling cars directly to retail buyers? An opinion piece in auto-industry trade journal Ward''s Auto concludes with the following remarkable sentences: We can keep Tesla busy defending what are basically nuisance suits.
A rare price stampede is taking place in the Chinese auto market. 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 Alliance of Automobile Manufacturers (Auto Alliance) is strongly supporting the passage of Maryland’s SB 1234 , a bill that would require the State of Maryland to purchase zero emission vehicles (ZEVs) for state fleets. —Auto Alliance. SB 1234 is a good step in the right direction.
The 2011 KPMG survey also finds the autoindustry heavily investing in future technology, new products and safety improvements. Sixty-two percent also think M&A will increase for tier-one suppliers versus 71% in 2010, tier-two suppliers (47%) and dealers (46%). Investments. US automaker gains in market share.
Right-to-repair advocates believe that if you own a car, you should be able to have it fixed anywhere, not just at the dealers service department. The groups sent a letter to Congress earlier this month outlining the proposal, which is called the Right to Equitable and Professional AutoIndustry Repair Act (REPAIR).
and Canada’s most commonly used autodealer 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. Auto dealerships in the U.S. dealerships.
Prior to Tesla, Thomas was Director of Special Projects at Magna Steyr, VP and Division General Manager at auto supplier Collins & Aikman, and a powertrain component design engineer and powertrain system project and project engineer for 10 years. The company will deliver these powertrain kits to a dealer network to be established.
Dr. Martin Winterkorn, CEO of Volkswagen AG, on the eve of the Auto China motor show in Beijing. In addition, the Group’s dealer network will see significant growth and increase by 50% from the present approximately 2,400 dealerships to more than 3,600. earlier post ) and e-Golf ( earlier post ) models. Earlier post.).
continued] The post Number of Cars on Dealer Lots Climbing Higher & Higher Across USA appeared first on CleanTechnica. As we’ve pointed out on a number of occasions now, EV sales are actually soaring at many automakers in the USA, including at Ford, GM, Rivian, Audi, BMW, and several others.
Yeah, big shocker, right? Even though this cluelessness is hardly new information, it is still fascinating to see it when it presents itself. I recently had an exchange with said cluelessness in the comments section of a LinkedIn post. I know, I know, online comment sections are a vacuum for the egomaniacally ill-informed. I try […].
Yes, those same car buyers from whom an independent dealer's job is extract maximum profits on the sale of a vehicle. Take, for example, our discovery of the soliticitousness exhibited by automakers who care deeply about the delicate and fragile feelings of car buyers.
Dealers are often the first group to sound concerns when something changes in the autoindustry, whether they’re justified in their complaints or not. The group placed an ad in the April 15 issue of Automotive News and has collected support from all 50 state and 21 metro-area dealer associations.
The future of the autoindustry is electric,” said President Biden. We hope they will rapidly scale up production so it can be available in every Ford dealer in all 50 states. There’s no turning back. … The only question is whether we’ll lead the race or fall behind.” We couldn’t agree more. .
Price war has been the most talked about topic in China's autoindustry this month, and the imminent implementation of a new emissions standard is seen as a major factor. On March 23, China's AutoDealers Chamber of Commerce (CADCC) called on regulators to delay the implementation of the China 6b emissions standard.
BAIC-Xiaoju New Energy Auto Technology Co. Jingju is a key component of a DiDi-BAIC strategic partnership formed in a growing alliance between DiDi and auto-industry players. Xiaoju Automobile Solutions?XAS?was XAS now serves drivers/car-owners on DiDi and beyond through the main DiDi app and a separate XAS app.
The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight. CnEVPost obtained the views of several local analysts, which provide references on what impact that new emission standard will have on the autoindustry. percent in February, up 2.0
Photo credit: Standret / Shutterstock.com The autoindustry has seen a rebound in customer satisfaction with dealer service experiences this year, marking a positive shift. However, dealers are still facing challenges due to shortages in parts and labor, which have contributed to increased wait times for service appointments.
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 autoindustry hell-bent on electrification and the desires of the people they rely on to buy new cars.
Our dealer-connected autoindustry veteran of many years, Jo Borras, came across a big find this week. It’s a Cox. continued] The post Electric Vehicle Prices Get MUCH Closer To Conventional Vehicle Prices! appeared first on CleanTechnica.
The price war in China's autoindustry has intensified the wait-and-see mood among car buyers, and Li Auto 's move helps to allay potential consumers' concerns to some extent. For consumers who purchase these models, if the prices drop within 90 days of their order, then Li Auto will refund the difference.
As any autoindustry insider will tell you, it isn’t just money either -- it’s about years of planning, development and testing before a car is ready to make the transition from computer renderings to the dealer’s lot.
For over 80 years, the Kelley Blue Book has been valuing new and used cars for the benefit of the autoindustry. Used by automakers, car dealers and consumers alike, it has become the ultimate go-to guide for realistic valuations on virtually any age or condition of car.
There was barely anybody at car dealers in the first week of February as most people stayed at home. The autoindustry is poorly prepared for such supply chain shocks because many operations run on a ‘just-in-time’ basis, with very limited numbers of stockpiled parts. —Mike Vousden.
The policy attracted big names in the global autoindustry, including Tesla and Hyundai. Leapmotor and BYD are the two Chinese automakers that have taken significant steps in the European auto market. BYD has established good relationships with dealership networks and invested in European dealers.
The legacy automaker added that its revised 2024 financial guidance also considers the competition from China’s autoindustry. targeting no more than 330,000 units of dealer inventory by year-end 2024, from a prior timing objective of the first quarter of 2025. for the FY 2024 period, down from the prior “double-digit.”
Connected car technology will also dramatically streamline Nissan’s global supply chain, bringing just-in-time logistics to increase manufacturing efficiency, from plants to the dealer. Connected cars will be available as a dealer option starting in Japan and India and expanding to other countries by 2020. —Kent O’Hara.
This figure was not far from the $48,759 considered to be the average price of an ICE vehicle in the same month Following Tesla’s lead, the rest of the autoindustry saw an average EV sticker price of $50,798, showing a similar downward trend throughout the year.
The price war in China's autoindustry continues, with Volkswagen becoming the latest to join in. 1 = RMB 6.8695) China auto price war: BMW dealers offer discounts of up to $14,360 for i3 The post VW joins China auto price war, offers up to $5,820 discount on ID. series EVs appeared first on CnEVPost.
Since the MOU signing, state regulators, the autoindustry and infrastructure developers and other stakeholders have shared information and best practices to help move this effort forward. The ultimate goal is to reduce greenhouse gas and smog-causing emissions by transforming the transportation sector over the next 11 years.
The ongoing chip shortage has adversely affected the autoindustry, and Ford has acknowledged this. This is quite unfortunate, as the Mach-E is proving its popularity in Ford’s dealer lots. Ford has noted that the Mustang Mach-E is turning in just four days on dealer lots and transacting at $45,800. .
There are 14 technology features that 20% or more of owners do not want in their next vehicle, including Apple CarPlay and Google Android Auto; in-vehicle concierge services; and in-vehicle voice texting. In addition, owners who say their dealer did not explain the feature have a higher likelihood of never using the technology.
China's autoindustry 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.
In autoindustry terms, that means "sold out," and dealers are charging higher markups on the few precious Priuses they still have. If you want to buy a new 2011 Toyota Prius hybrid these days, you may have to scramble. Supplies are down to 3,000 units, which is less than 10 days' worth of sales. 75,000 coming.
By: Reuters | Updated on: 06 Sep 2024, 08:58 AM The Indian auto market struggles with high inventory and consumer hesitancy, prompting fears of deeper discounts. per cent, with … The Indian auto market struggles with high inventory and consumer hesitancy, prompting fears of deeper discounts. August sales fell 4.5 per cent, 12.9
Fiat Chrysler has since admitted to violating the Safety Act in three areas: effective and timely recall remedies; notification to vehicle owners and dealers; and notifications to NHTSA. In a consent order issued by NHTSA, Fiat Chrysler commits to take action to get defective vehicles off the roads or repaired.
We’ve been hearing for years that auto shows are a thing of the past and that the internet has killed the personal touches we all loved about the industry. But while it might be true that auto shows aren’t the extravaganzas they once were, it can also be true that there’s still life in the industry and a reason to attend.&
I let my thoughts on last week's 2024 Los Angeles Auto Show press day marinate over the long flight home and throughout the weekend. There was only press day this year -- which some might take as sign that auto-show media days mean less than they used to. I wish I'd gotten a pic. That part of the show was quieter.
Interest In EVs accelerates in Ohio BY TIM BENFORD: PRESIDENT OF DRIVE ELECTRIC DAYTON, PAST VICE-PRESIDENT OF ELECTRIC AUTO ASSOCIATION. The EV curious were clearly excited to sit in the wide range of vehicles and were quick to pose a host of questions to owners and dealers. Local dealerships sent two 2021 Volkswagen ID.4
Because California leads the nation in EV adoption, other utilities and stakeholders in the autoindustry may find the information from the white paper useful, SCE suggested. The Southern California region and SCE’s service territory in particular is seeing significant uptick of early plug-in vehicle adoption.
Like so many great things in the autoindustry, the RSX is returning as a crossover, and this time it wont have VTEC. The RSX will carry Acuras new software interface, called Asimo OS, which debuted at this years CES, and its expected to arrive on dealers lots in early 2026.
We see China not only as the biggest car market worldwide, but also as a trend setter for the autoindustry. The JV provides a platform for the partners to bring complementary strengths together with Brilliance delivering an existing dealer network of 220, project engineering capability and manufacturing capacity.
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