The Truth About Cars

FEBRUARY 1, 2024

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. Others likewise said that it should be the market driving EV sales, not pressure from the government.& EVs are definitely not a want of our guests today.

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CleanTechnica EVs

JULY 13, 2024

Much has been said in recent months about supposedly slumping EV sales growth. As we’ve pointed out on a number of occasions now, EV sales are actually soaring at many automakers in the USA, including at Ford, GM, Rivian, Audi, BMW, and several others. However, it seems there’s a brewing.

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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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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. This comes after the Indian automobile industry registered sales of more than 41 lakh passenger vehicles in 2023.

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Baua Electric

NOVEMBER 8, 2024

Mercedes is now paying dealers up to $3,000 for every EV they sell until the end of the year. As part of its new Q4 2024 EQ Sales Challenge, the company is giving dealers a good reason to move EVs off the lot. Mercedes is looking to turn things around with a new dealer incentive to drive EV sales.

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Baua Electric

SEPTEMBER 7, 2024

It’s been a big week for Bollinger and its Class 4 commercial EVs as the upstart electric box truck brand picked up twenty new TEC dealers and scored a strategic solution partnership with Texas consulting firm, TCD. FTC: We use income earning auto affiliate links. Texas-sized collaboration Source: Bollinger Motors.

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CleanTechnica EVs

JUNE 8, 2022

Along our meandering, unplanned route was a Ford dealer, something I’d usually drive past at 40 MPH and not pay a lot of attention to. I took the dogs on a long, long walk the other night. Going by on foot was a very different experience. Where there were once dozens and dozens of vehicles […].

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CN EV Post

MARCH 9, 2023

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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Baua Electric

JUNE 13, 2024

This Dealer Management System supports both Electric Passenger and commercial vehicles, and is pivotal in managing capacity and spare parts, while serving as a unified platform for customer feedback, the release added. New Delhi: Omega Seiki Mobility (OSM) and Orbitsys Technologies have partnered for the Dealer Management System (DSM).

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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. & As Inside EVs pointed out, the bill’s language prohibits direct-to-consumer sales by automakers.

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Green Car Congress

JANUARY 9, 2023

India’s sales of new vehicles totaled at least 4.25 Adding December’s sales volume reported Sunday by Maruti Suzuki, India’s largest carmaker, brings the total to roughly 4.25 from 2021, according to data from the Japan Automobile Dealers Association and the Japan Light Motor Vehicle and Motorcycle Association. million units.

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CleanTechnica EVs

MARCH 10, 2024

Car dealers have been an issue for electric vehicle sales during this whole modern electric vehicle era. continued] The post Surprise, Surprise: Car Dealers Say Biden Moving To Fast On EVs — Dragging Their Feet Again appeared first on CleanTechnica. One of the.

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Teslarati

FEBRUARY 22, 2023

Tesla has become intimately familiar with the laws surrounding dealerships and auto sales throughout the United States, often putting the American upstart at odds with local government and dealerships alike. Now, Tesla is again facing threats from legislatures as two new bills could derail the company’s sales system in Florida.

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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. Many automakers in China launched rare price wars in March to try to boost sales. The Vehicle Inventory Alert Index for China's auto market was 62.4 Of those, 20.5

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Teslarati

OCTOBER 21, 2023

Mercedes-Benz has seen the sale of its electric vehicles (EVs) increase significantly in the U.S. 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. CEO of Mercedes-Benz U.S.,

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CleanTechnica EVs

JUNE 7, 2024

Costco members can get a $1,000 incentive for selected GM EVs through the company's longrunning Costco Auto Program, on top of other state, federal, or dealer incentives. The post How Costco Could Move The Needle On EV Sales In The US appeared first on CleanTechnica.

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Baua Electric

OCTOBER 1, 2024

(REUTERS) Maruti Suzuki continues to restrict number of cars it dispatches to dealership every month ahead of the big festive weeks of October when car sales is usually at its peak. Maruti Suzuki says the recent slump in sales have forced it to continue restricted dispatches to dealerships to clear pending orders and inventory.

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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. Retail Sales program, while Richard Schwarzwald resigned as the Chief Customer Experience Officer, citing “personal reasons.” ” What are your thoughts?

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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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Electric Cars Report

MARCH 9, 2023

dealers in preparation for increased electric-vehicle sales and service. Vehya becomes the second recommended partner for EV charger sales, installation and maintenance for Stellantis’ U.S. auto dealers. “As

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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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EV Club of CT

MAY 18, 2021

A new report by the Connecticut Center for Economic Analysis—which acknowledges in its opening sentence that it was commissioned by the Connecticut Auto Dealers Association (CARA)—paints a gloomy picture for the state’s economy if legislation. Read more.

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Green Car Congress

MAY 1, 2020

IHS Markit cut its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand. According the new analysis, global light vehicle sales are now forecast to be 69.6 —Colin Couchman, executive director, global autos demand forecasting at IHS Markit. million units. million units.

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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. In a virtual press conference, Maruti Suzuki India (MSI) Senior Executive Officer (Marketing & Sales) Partho Banerjee said the company reduced vehicle dispatches by 13,000 units in August.

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CleanTechnica EVs

DECEMBER 6, 2022

Some Ford dealers and state dealer groups are pushing back against the company's plan for selling electric cars.

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Baua Electric

MAY 16, 2024

Revenue from the company’s vehicle sales division rose 3.5% Online vehicle auction services provider Copart marginally beat third-quarter revenue estimates on Thursday as vehicle sales increased. Revenue from the company’s vehicle sales division rose 3.5% to USD 180.6 Copart reported total revenue of USD 1.13

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CleanTechnica EVs

JULY 13, 2023

Most dealers have reconciled themselves to the fact that EVs are important to the growth of their dealerships. Now they need to come up to speed on what it means to own an EV so they can be gentle guides for a whole new consumer base.

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Baua Electric

OCTOBER 24, 2024

By: HT Auto Desk | Updated on: 25 Oct 2024, 08:50 AM Mahindra Thar Roxx may be hogging the limelight at showrooms but dealers are not exactly complaining as long as the footfall keeps increasing. HT Auto recently visited four Mahindra showrooms in New Delhi and the story from executives here were all mostly similar.

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Plug in America

MARCH 20, 2024

Plug In America is thrilled to highlight one of our newest certified PlugStar dealer – Beas Auto Sales. Located in Stockton, California, Beas Auto Sales is a leading automotive dealership dedicated to accelerating the adoption of electric vehicles (EVs) to promote cleaner transportation vehicles.

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Baua Electric

MAY 28, 2024

The Delhi High Court on Tuesday directed Gurugram-based Tesla Power India to file an affidavit detailing the stocks and sales of their electric vehicle scooters. This includes providing the names of dealers, dates of launch, and current stock availability. in a trademark infringement suit against Tesla Power India.

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Plug in America

MARCH 11, 2022

On March 11, at the National Automobile Dealers Association (NADA) Show in Las Vegas, Plug In America announced that it is partnering with NADA and the Center for Sustainable Energy (CSE) to educate franchised auto dealerships nationwide on electric vehicles. said NADA president and CEO Mike Stanton.

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Green Fleet Magazine

SEPTEMBER 23, 2024

Used vehicle sales increased during August to the highest level since October 2021, but U.S. auto dealers still see the current used-vehicle market as poor.

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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 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. FTC: We use income earning auto affiliate links.

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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. Though EV sales seem to be dragging, hybrids and plug-in hybrids are hot commodities.

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Baua Electric

OCTOBER 16, 2024

Ford dealers just got a significant new incentive to move F-150 Lighting inventory. Through a new pilot program, Ford will pay dealers up to $22,500 for every F-150 Lightning model restocked from a Retail Replenishment Center. If a dealer unloads more than nine (max 15), the incentive increases to $1,500.

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The Truth About Cars

JANUARY 31, 2024

EV sales fell for two consecutive quarters last year, down ten percent between Q3 and Q4, to 89,993 registrations. percent of auto sales last year. California regulators want all vehicle sales to be for zero-emissions models by 2035, so any downturn is cause for concern. percent, up from 5.9 percent the year before.

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CN EV Post

APRIL 3, 2023

(Image credit: CnEVPost) Low consumer sentiment in the wake of the Covid wave has led to weak auto sales in China, though the situation is expected to see relief in the second quarter, and the launch of new models and lower lithium carbonate prices are also encouraging, according to Deutsche Bank. million to 1.75

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