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Thousands of auto dealers sign up to offer new on-the-spot tax credit

Electrek

Now the rebate – which is up to $7,500 for new EVs that qualify, and up to $4,000 for used EVs that qualify – is available immediately when you purchase your car, rather than needing to wait potentially months to file a claim with your tax return. And auto dealers are signing up in droves with the IRS.

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Survey Shows Auto Dealers Still Annoyed With Biden EV Strategy

The Truth About Cars

A recent survey, conducted by Automotive News , has indicated that automotive dealerships are still broadly dissatisfied with the Biden administration’s strategy to force the United States to pivot toward all-electric vehicles. As for dealers, there’s some amount of disagreement as to what’s holding EVs back.

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Honda believes it will outpace US rivals as its first electric SUV is available in all markets

Electrek

Can Honda take a bigger piece of the US auto market in 2024? Honda and luxury brand Acura are banking on brand loyalty and new EVs, including the Prologue and ZDX, to help outpace US rivals. The Honda Prologue is now available at most dealers, spanning all US markets.

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The number 1 electric car brand, Ford trains dealers, and Hyundai gets to work

Baua Electric

We also cover BYD’s rapid expansion into new markets, Ford’s struggles with overcoming EV myths, and the new Hyundai commercial EV partnership with IVECO that could mean an all-new medium duty Nikola van is coming to the US. New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday ).

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BYD launches popular Dolphin, Seal, and Atto 3 EVs in Kenya with local Toyota dealer

Baua Electric

The electric vehicles will be sold by local dealer Loxea, which sells Toyota and other gas-powered models. BYD’s new partnership is another significant milestone as it takes on new markets. BYD’s vehicles are available to lease or buy through its extensive network. FTC: We use income earning auto affiliate links.

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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. 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.

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Auto dealers bet big on new launches, positive sentiment for car sales boost

Baua Electric

Read more FADA is betting big on new car launches, positive consumer sentiments, high demand for SUVs, and improved availability of cars for short and long-term passenger vehicle sales growth in 2024. The FADA has projected a cautiously optimistic outlook for passenger vehicle sales in January 2024.

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