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Indian car dealers worry about deeper discounts amid sales slump

Baua Electric

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

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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 launches in Kenya with three new EVs Leading dealer Loxea announced the launch of BYD’s EVs on Wednesday at the Toyota-CFAO Mobility Kenya Limited Showroom. BYD’s Atto 3 electric SUV stole the show.

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Confirmed! China’s Leapmotor to go on-sale in Australia in 2024 with C10 SUV

EV Central

The Chinese electrified vehicle maker Leapmotor will launch in Australia in late 2024 as part of an international expansion backed by global auto giant Stellantis. READ MORE: Beijing show: Aussie-bound Leapmotor shows off C16 three-row electric family SUV READ MORE: Here comes another one! It has a 265 km WLTP range.

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Ford enables dealers to use the Mustang Mach-E as a rental car, expanding EV loaners

Baua Electric

Ford dealers can now use the 2023 Ford Mustang Mach-E as part of its rental car programs. With over 40,700 units handed over last year, the Mach-E was the second best-selling electric SUV behind Tesla’s Model Y. In addition, Ford said the move “provides an opportunity for non Model-e dealers to have EV loaners available.”

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Honda Prologue SUV is cheaper to lease than a Civic with up to $14,250 off for Labor Day

Baua Electric

With a new Labor Day discount for up to $14,250 in potential savings, the Honda Prologue SUV is a better lease deal than the Civic. Honda’s first electric SUV began hitting US dealerships this March. With $1,999 due at signing, the effective rate is $325 per month before the $750 Labor Day Dealer Cash discount is applied.

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VinFast’s (VFS) global EV dealer network grows following new agreement in Middle East

Baua Electric

Today, VinFast and a local dealer network in the Middle East signed an agreement to bring the former’s EVs to the region. As part of the agreement, BAT will establish and operate 13 VinFast stores and service centers over the next three years, with initial sales in the Middle East commencing in mid-2024.

Dealers 52
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Ford enables all dealers to sell EVs, bringing +90% of Americans within reach

Baua Electric

As Ford looks to grow its Model e EV business, the company believes its dealer network can be a significant asset. Ford announced Thursday it’s enabling all dealers to sell EVs, meaning 90% of Americans will live within 25 miles of a Ford dealership that sells electric vehicles. Ford introduced its Model e EV dealer program in 2022.

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