Remove Automobile Remove Cars Remove Dealers Remove Purchase
article thumbnail

Indian car dealers worry about deeper discounts amid sales slump

Baua Electric

Dealers anticipate a boost during the festive season, but many buyers are delaying purchases for better deals. --> The Indian auto market struggles with high inventory and consumer hesitancy, prompting fears of deeper discounts. Dealerships’ sales of cars fell 4.5 Dealerships’ sales of cars fell 4.5

Dealers 52
article thumbnail

Penske Automotive Buys Largest Ford Dealer Network By Sales

The Truth About Cars

Penske Automotive Group has just purchased Michigan’s Bill Brown Ford in Michigan, which sells more Ford-badged automobiles than any other retailer in the world. This is the second Ford dealership purchased by the company this year. While those types of dealerships still exist, they’re losing ground to larger dealer networks.

Dealers 105
article thumbnail

A U.S. Appeals Court in Louisiana Recently Reversed the Dismissal of Tesla's Dealer Franchise Lawsuit Against the State

The Truth About Cars

In some states, car dealer franchise laws help protect businesses by preventing automakers from selling directly to consumers. That policy has caused headaches for some companies, including Tesla and Rivian, which allow customers to purchase a car online for delivery. Images: Tesla] Become a TTAC insider.

article thumbnail

First driving behavior-based telematics automobile insurance developed for Toyota connected cars in Japan

Green Car Congress

have jointly developed Japan’s first driving behavior-based telematics automobile insurance. The plan is available to owners of certain units of Toyota connected cars, and uses driving data gathered via telematics technologies to adjust insurance premiums based on the level of safe driving every month. Background.

article thumbnail

Changan's EV brand Shenlan offers up to $6,030 discount on vehicle purchases

CN EV Post

(Image credit: Shenlan) Shenlan, Changan Automobile's new energy vehicle (NEV) brand, is offering consumers tens of thousands of yuan in incentives to purchase vehicles as the auto price war in China continues. In addition to the Shenlan brand, Changan is offering car purchase incentives for its other sub-brands.

article thumbnail

Auto Alliance pushing for passage of Maryland SB 1234 that would require state purchase of ZEVs; 50% of LDVs by 2026

Green Car Congress

The Alliance of Automobile Manufacturers (Auto Alliance) is strongly supporting the passage of Maryland’s SB 1234 , a bill that would require the State of Maryland to purchase zero emission vehicles (ZEVs) for state fleets. The bill also includes a reporting requirement for State agencies that purchase vehicles.

Maryland 207
article thumbnail

Study finds car dealerships pose significant barrier to EV adoption

Green Car Congress

A new study by a team from Aarhus University in Denmark has found that car dealerships pose a significant barrier to electric vehicle adoption at the point of sale due to a perceived lack of business case viability in relation to gasoline and diesel vehicles. Their study is published in the journal Nature.

Iceland 231