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Survey Shows Auto Dealers Still Annoyed With Biden EV Strategy

The Truth About Cars

According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. As for dealers, there’s some amount of disagreement as to what’s holding EVs back. still used production quotas.

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Fisker adds new US dealer and several more in Europe as extreme price cuts take effect

Baua Electric

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. The 2023 Ocean Extreme price was cut from $61,499 to just $37,499.

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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. “There is too much of a price premium — especially at the top end of the EQ lineup — and almost no [lease] support.”

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Fisker pivots to hybrid strategy of direct sales plus dealer partners offering ‘no haggle pricing’

Baua Electric

This morning, Fisker shared plans to adopt a network of approximately 100 dealer partners in addition to its direct sales model. FSR) is already looking to turn over a new leaf in early 2024, following an encouraging 2023 that still landed well below original production targets. FTC: We use income earning auto affiliate links.

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Florida Governor Ron DeSantis Signs Bill Blocking Most Direct-to-Consumer Auto Sales

The Truth About Cars

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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It begins: Bollinger B4 medium duty EV enters series production

Baua Electric

This week marks the birth of a new American OEM as Bollinger Motors’ B4 medium duty electric truck begins series production and customer-ready vehicles roll off the line. We are excited to see these vehicles roll off the line, head to dealer lots and find a home with our customers.” FTC: We use income earning auto affiliate links.

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2024 GMC Sierra EV Denali Edition 1 arrives at dealers

Baua Electric

GMC now has two electric trucks in production The 2024 GMC Sierra EV will be a low-volume model for at least a year The limited-edition launch version of the Sierra EV costs $99,495 The 2024 GMC Sierra EV Denali Edition 1 is now being delivered to customers, General Motors announced Wednesday.

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