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Kia is Suing a Former Dealer for Shady Business Practices and Misrepresenting Sales

The Truth About Cars

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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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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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.

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Penske Automotive Buys Largest Ford Dealer Network By Sales

The Truth About Cars

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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Mercedes-Benz EQ models have been slow to sell, dealers report

Teslarati

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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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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Continental Tires expands retail presence in Bengaluru with new flagship store | Autocar Professional

Baua Electric

Continental Tires has inaugurated a new Continental Premium Drive (CPD) dealer store in Bengaluru, further expanding its retail presence in Southern India. Situated in Yelahanka, Bengaluru, the newly launched CPD dealer store boasts a floor space of 600 sqft dedicated to showcasing a wide range of passenger vehicle tyres.

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