Teslarati

NOVEMBER 29, 2023

Over 3,000 car dealers sent a letter to President Biden expressing their concerns about his administration’s push toward electric vehicles (EVs). Car dealers have informed the President that enthusiasm for electric vehicles has stalled, hinting at concerns over the demand for EVs.

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The Truth About Cars

APRIL 22, 2024

Dealers are often the first group to sound concerns when something changes in the auto industry, 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.

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Electrek

JANUARY 13, 2022

more… The post National Auto Dealer Assoc. Will dealers step in line? says it’s all in on EVs. appeared first on Electrek.

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Electrek

APRIL 23, 2024

VinFast Auto (Nasdaq: VFS) today announced that it’s officially signed agreements with 12 new car dealers in the US.

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The Truth About Cars

JUNE 3, 2024

Dan O’Brien auto group used to operate three Kia stores in New Hampshire and Massachusetts, but the automaker isn’t happy with how things ended. In early May, it filed a lawsuit against the dealer , claiming racketeering, fraud, and stealing hundreds of thousands of dollars in incentives.

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The Truth About Cars

JULY 16, 2024

Penske had previously bought Don Allen Auto Service Inc. While best known for its commercial trucking services, Penske has been ramping up dealer acquisitions, buying out trucking rivals and trying to expand its already sizable footprint in both Europe and Australia. in Massachusetts. While net income declined, annual revenue has not.

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CN EV Post

MARCH 9, 2023

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.

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Baua Electric

FEBRUARY 2, 2024

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.

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Baua Electric

JANUARY 7, 2024

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.

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Baua Electric

SEPTEMBER 25, 2024

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. As it expands the brand globally, BYD’s new 7,000-car carrier is about to hit the seas.

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The Truth About Cars

DECEMBER 13, 2023

The Federal Trade Commission (FTC) has announced the finalization of the new Combating Auto Retail Scams (CARS) rule designed to prevent auto dealers from utilizing bait-and-switch tactics and hidden junk fees. If consumers see that a dealer is complying with the CARS Rule, it adds a measure of confidence.

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Teslarati

OCTOBER 21, 2023

However, a new report shows that dealers have had difficulty keeping up with inventory levels for the automaker’s EQ lineup, with sales times for the EVs exceeding the luxury segment average. One person who runs a Mercedes store said he currently has over six months’ worth of EVs and only a 50-day supply of the company’s gas cars.

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The Truth About Cars

JANUARY 3, 2024

Stellantis pulled out of last year’s Los Angeles Auto Show and the Specialty Equipment Market Association (SEMA) trade show , stating that it was trying to save money amid the now resolved UAW strike. Stellantis says dealers can decide if they want to make an appearance at subsequent trade events while corporate takes a pass.

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Teslarati

JUNE 16, 2024

Following the departure of four high-profile executives at Stellantis North America, some dealers are growing concerned about the company’s direction. Considering these factors, the departures have raised additional questions from dealers. “That is no cut on some of the people that are coming into the roles behind them.

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Baua Electric

SEPTEMBER 12, 2024

Porsche Macan EV (Source: Porsche) Porsche’s long-awaited Macan EV will finally hit US dealers on September 30th, and we’ve also just learned that it will have an EPA-certified range of 308 miles, or 288 for the “Turbo” version. So, as usual, “your mileage may vary,” but it looks like the car will have more than enough range for buyers.

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Baua Electric

JANUARY 26, 2024

Ford dealers can now use the 2023 Ford Mustang Mach-E as part of its rental car programs. Ford Mustang Mach-E turned into a rental car Ford’s Mustang Mach-E had a record year in 2023. According to online auto research firm CarsDirect , the 2023 Ford Mustang Mach-E is now included in Ford dealer rental programs.

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Baua Electric

AUGUST 15, 2024

Ford is doubling down on plans to launch low-cost EVs after showing dealers several new renderings. Ford shows dealers possible upcoming low-cost EVs Ford’s new platform for low-cost EVs is no longer a secret. The dealers were shown several images of new EVs, including sedans, crossover SUVs, and pickups.

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The Truth About Cars

JANUARY 19, 2024

While most car dealerships are honest, legitimate businesses, some don’t hold their customers in such high regard, charging more than they should without the right disclosures about what the fees are for. Dealers found to be violating CARS rules could see fines of $50,120 for every offense. Image: Daniel J.

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The Truth About Cars

JANUARY 5, 2024

News broke earlier this week that Stellantis would pull out of auto shows, including the upcoming Chicago Auto Show, for the foreseeable future. Now, to be clear, that decision is only from the corporate side – local dealers could still participate. Indeed, Camp Jeep will be at the New York Auto Show this spring.

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CN EV Post

APRIL 6, 2023

With consumers in a wait-and-see mood, orders and transaction rates did not increase significantly, and auto demand recovered less than expected, the CADA said. However, orders and transaction rates did not increase significantly as consumers were in a wait-and-see mood, and auto consumer demand did not recover as expected, the CADA said.

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Baua Electric

SEPTEMBER 1, 2024

Sales of mini segment cars, comprising Alto and S-Presso , declined to 10,648 units last month as against 12,209 units a year ago. Dispatches of compact cars, including Baleno , Celerio , Dzire , Ignis and Swift , also saw a decline of 20 per cent to 58,051 units as compared to 72,451 units in the year-ago month. .

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The Truth About Cars

JUNE 16, 2023

Dealer franchise laws are controversial at best and downright divisive in most cases, but they remain a significant force in the automotive industry despite the political noise surrounding them. Dealer franchise laws prevent that in most cases. & [Image: Hunter Crenian via Shutterstock] Become a& TTAC& insider.

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The Driven EV News

MARCH 30, 2023

After originally planning to implement new vehicle pollution standards in July, the Chinese government appears to have capitulated to the demands of auto dealers who are swamped with non-compliant vehicles. The post China delays new pollution standard to appease overstocked car dealers appeared first on The Driven.

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The Truth About Cars

SEPTEMBER 10, 2024

Though it was hardly a bloodbath for dealers and prices are starting to trend in favor of shoppers. Consider this an addendum to our earlier coverage of the declining dealer market sentiment. The global sales forecast for the rest of the year could be a little better for both manufacturers and dealers.

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Baua Electric

FEBRUARY 16, 2024

This and more, here at Green Car Reports. Kia dealers are at it again, marking up the EV9 electric SUV by $7,000 or more, despite efforts from The post Kia EV9 markups, Scout builds out, lack of EV experience: Today’s Car News appeared first on Bauaelectric Auto News.

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Electric Cars Report

MARCH 9, 2023

dealers in preparation for increased electric-vehicle sales and service. auto dealers. “As In another key step to ready its 2,600-plus dealerships for the automotive industry’s electrification plans, Stellantis is partnering with Detroit-based company Vehya to support its U.S.

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The Truth About Cars

JANUARY 11, 2024

After a brief flirtation with warmer-weather months, the North American International Auto Show, also known as the Detroit Auto Show, is returning to a January date. Either way, we hope to be there to bring you all the news next January. Image: North American International Auto Show] Become a& TTAC& insider.

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Baua Electric

APRIL 15, 2024

California-based EV startup Fisker signed a new dealer in Miami and several in Europe as it fights to turn things around. After announcing massive price cuts on its Ocean electric SUV last month, Fisker looks to grow its dealer network. As of now, we’re still moving cars.” FTC: We use income earning auto affiliate links.

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Baua Electric

APRIL 12, 2024

Photo: Kia Kia is paying its dealers up to $1,500 in flat payments for each EV sold in April, so buyers, there may be good prices to be had. Through April 30 , the Kia April 2024 Dealer Flat Cash Program will pay dealers $1,500 for every EV6 GT sold and $1,000 for every 2023 Kia EV6 sold. But what’s in it for you?

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The Truth About Cars

JULY 12, 2023

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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Baua Electric

FEBRUARY 1, 2024

Ford F-150 Lightning (Source: Ford) A strong majority of car dealers complain the US government’s strategy is bringing them too fast into the electric vehicle future. The concerns about dealers have proved warranted. Electrek’s Take There’s no demand for EVs, but the best selling car in the world is electric.

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Baua Electric

MARCH 12, 2024

Just like passenger cars, commercial vehicles are traditionally sold through dealerships, and these dealerships must also make investments in new facilities and training in order to sell EVs. The Freightliner dealer network plans to have 100 dealer locations certified by 2025.

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Teslarati

APRIL 1, 2021

Lucid Motors and Rivian were sued by the Illinois Automobile Dealers Association, the Chicago Automobile Trade Association, and some individual franchised auto dealerships in the state for selling vehicles directly to consumers. Sander represents more than 700 auto dealers that operate over 2,300 franchises across the state.

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Baua Electric

JUNE 24, 2024

Car dealerships in North America are still wrestling with major disruptions that started last week with cyberattacks on a company whose software is used widely in the auto retail sales sector. CDK Global , a company that provides software for thousands of auto dealers in the U.S. On Monday, Group 1 Automotive Inc. ,

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Baua Electric

MARCH 5, 2024

Photo: Daimler Trucks North America Daimler Truck North America just launched a dealer certification program to ensure a “world-class” experience for its electric truck buyers. The goal is to certify 100 electric truck dealer locations by 2025. ad* FTC: We use income earning auto affiliate links. Get started here. –ad*

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Green Car Reports

JUNE 23, 2014

Today on Green Car Reports: What owners want from the next-generation 2016 Chevrolet Volt, a ride in an ell-electric BYD K9 electric bus, and auto dealers try charm in their battle against Tesla Motors'' direct-sales model. All this and more on Green Car Reports.

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The Truth About Cars

MARCH 27, 2024

Over the past week we've seen 2024 New York Auto show debuts from Infiniti , Nissan , Genesis , Hyundai , Mini , and Kia. Which one has you thinking about heading to the dealer? It was a relatively busy show -- maybe media days aren't dead yet. Anyway, does the QX80 have intrigued? Are you into the Nissan Kicks? Sound off below.

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