The Truth About Cars

AUGUST 14, 2024

Image: Nissan Nissan dealers in the United States are living through a traumatic experience. Profitability has plummeted to its worst in 15 years, leaving almost 40% of Nissan's 1,071 dealers hemorrhaging money. Dealers are suggesting Nissan needs to trim the fat, possibly reducing the number of stores by up to 40%. down from 7.7%

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The Truth About Cars

SEPTEMBER 12, 2024

dealer network is none too pleased with the manufacturer and looks to be blaming CEO Carlos Tavares. The National Dealer Council has sent an open letter to the executive and it doesn’t pull any punches. Dealers want more investments to go toward clearing out older inventories and developing new models that would help boost sales.

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Plug In India

MARCH 10, 2022

My blog unearthed a lot of the inner workings on that vehicle. Do read my blog , where i talk about the same in greater detail. While ICE vehicle 2 wheeler sales are slowing down, EV's are consistently growing at 20–25% month over month. There are good knowledgeable EV dealers out there.

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The Truth About Cars

MAY 23, 2024

Reliability, practicality, and affordability will always win the day when money is tight and the manufacturer’s surging sales seem to reflect this. Mitsubishi likewise wants to broaden the reach of its dealer network and is presently considering alternative retail concepts in addition to more traditional expansion plans. sales market.

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The Truth About Cars

AUGUST 15, 2024

That’s the news coming out of the automaker’s recent dealer meeting in Las Vegas, according to attendees who shared details with Automotive News. Chevy discontinued the Camaro, and Dodge no longer sells the Challenger or Charger, leaving Ford with the only pony car on sale. It was awesome.”

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The Truth About Cars

FEBRUARY 8, 2024

Last week, Ford CEO Jim Farley asked a group of dealers for some open and honest feedback while promising to spend the next few weeks visiting showrooms. However, the latest from the North American Dealers Association (NADA) meeting makes it sound like the relationship may still be dicey. This isn’t exclusively a Ford problem, however.

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EV Club of CT

MARCH 3, 2021

Volvo Is First Manufacturer to Bypass Dealers for EV Sales When we blogged about the EV Freedom Bill, SB 127, a short while back, one of the facts that we unearthed was that in Germany, Read more.

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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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The Truth About Cars

SEPTEMBER 10, 2024

Despite market analysts forecasting that August would offer a sizable boost in automotive sales, aided by the fact that Labor Day weekend partially overlaps with the end of the month, customers failed to come out in droves to buy a new vehicle. Though it was hardly a bloodbath for dealers and prices are starting to trend in favor of shoppers.

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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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The Truth About Cars

APRIL 24, 2024

dealer network , giving it stores in several new areas and growing its footprint to 18 dealerships in seven states. With 18 stores in seven states and its corporate dealers in California, VinFast now has a surprisingly robust U.S. Though the automaker has a range of vehicle offerings in Vietnam, its only model on sale in the U.S.

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The Truth About Cars

NOVEMBER 6, 2024

Volvo has pushed the long-awaited EX30 EV back a few times, but it’s now having to reverse that trend as it sees slipping sales in the United States. The automaker also said that dealers would receive demo vehicles but noted that its primary focus is on filling reservations for people on the list. Images: Volvo] Become a TTAC insider.

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The Truth About Cars

MAY 1, 2024

Ford has announced its new dealership training platform for the United States , noting that it will utilize artificial intelligence to better familiarize sales teams with product knowledge, corporate history, while likewise making them better at engaging with customers.

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The Truth About Cars

JUNE 2, 2023

That said, the market seems to be healing, and some dealers now find themselves with too much inventory on hand. CarEdge recently released a report on the vehicles that sit on dealers’ lots the longest, and one Jeep model shows more than two years of supply.&

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The Truth About Cars

MARCH 6, 2024

Whether it’s the Altima or Rogue, Nissan has long relied heavily on fleet sales, and the company’s most recent sales numbers show that the habit hasn’t died yet. A whopping 44 percent of its February 2024 sales, or around 40,000 vehicles, went to fleets , so get ready to be a temporary Nissan driver the next time you rent a car.

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The Truth About Cars

JULY 12, 2023

Axios recently highlighted the issue and found that dealers have EV inventory sitting on their lots for extended periods, suggesting that supply is significantly outpacing demand. Though EV sales seem to be dragging, hybrids and plug-in hybrids are hot commodities.

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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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The Truth About Cars

JUNE 20, 2023

After weathering pandemic-related shutdowns, chip shortages, and barren lots, some dealers are complaining our nation’s rail system is suddenly no longer up to the task of delivering new cars. A few are saying they have a point, whilst others muse it is a bit of karma for three years of price gouging and “additional dealer markups”.

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The Truth About Cars

DECEMBER 15, 2023

GM-Trucks.com reported on the issue, in response to which General Motors issued a stop sale for the two trucks. Dealers will drill the ends of the cracks to stop the spread, and MIG weld the underside of the roof. are included in the action.

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The Truth About Cars

DECEMBER 20, 2023

Sales and service departments are also supposed to get additional training to better understand how to deal with EVs. Ford encountered a similar situation with its EV sales program and has been forced to adjust the terms several times , walking back requirements. sales, Aldred said. sales, Aldred said.

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The Truth About Cars

AUGUST 28, 2023

Automakers never talk about future products with the media, but dealers often get previews of upcoming models and lineup changes. A dealer told Automotive News that Nissan plans to swap the current model’s standard V8 for a twin-turbocharged V6 engine making 424 horsepower paired with a nine-speed automatic transmission. .&

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The Truth About Cars

AUGUST 27, 2024

In some states, car dealer franchise laws help protect businesses by preventing automakers from selling directly to consumers. Tesla’s lawsuit targeted the Louisiana Motor Vehicle Commission and the Louisiana Automobile Dealers Association, saying that the groups aimed to drive it out of the state.

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The Truth About Cars

NOVEMBER 5, 2024

Dealers have complained about slow sales due to the hulking SUVs’ MSRPs, while Jeep’s parent company, Stellantis, has seen a sales slump across the board. The 2025 Wagoneer and Grand Wagoneer should start landing on dealers’ lots before the end of 2024.

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The Truth About Cars

JULY 5, 2024

As predicted, the catastrophic CDK ransomware outage seems to have had an impact on car sales in this country, with companies like Stellantis and Kia recording drops in volume. Talking heads are looking at a seasonally adjusted annualized rate of sales somewhere in the 14.7 million to 16.2

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The Truth About Cars

DECEMBER 26, 2023

General Motors has issued a stop-sale order for the all-electric Chevrolet Blazer. The automaker is telling dealers to pause sales so it can address problems with charging and the infotainment system. Three days later,] we took it to the dealer. As of yet, no formal recall has been announced.

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The Truth About Cars

APRIL 25, 2024

Nissan sales have languished in recent times, but the automaker has a turnaround plan that leans on improved products that will debut over the next several months. Automotive News obtained information from a recent Nissan dealer meeting that includes outlines for an updated Murano, Rogue, armada, and more.

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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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The Truth About Cars

NOVEMBER 7, 2024

Dealers have sounded the alarm multiple times over the last few years, noting their troubles selling the brand’s aging vehicle catalog, but now, the situation appears to have reached a point of no return, so to speak. Nissan has been in trouble for a while now.

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The Truth About Cars

MAY 30, 2024

Perhaps answering at least some of the questions we all have about VinFast and its long-term plans in this country, owner Vingroup announced this morning it has signed a memorandum of understanding with Mitsubishi to explore providing after-sales services in international markets. Wait, what?

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The Truth About Cars

MARCH 18, 2024

The Tesla Model Y is a wildly popular EV on the global stage, but the automaker is still looking for ways to boost sales and keep it relevant. Without a dealer network to act as a financial buffer between it and buyers, Tesla’s numbers look worse the more vehicles it has sitting in inventory.

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The Truth About Cars

APRIL 2, 2024

In response to flagging demand, the automaker cut prices on the electric SUV and has seen an uptick in sales as a result, showing that cost remains a significant hurdle for many prospective buyers. Now that we’re past the wave of enthusiastic early adopters, price is a growing concern for buyers.

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The Truth About Cars

FEBRUARY 20, 2024

The Chevrolet Blazer EV has seen a stop-sale in recent months while the automaker gets its ducks in a row, and now, we’re talking about the GMC Canyon and Chevrolet Colorado. GM voluntarily paused sales of its popular midsize trucks to fix issues with their software.

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Teslarati

APRIL 21, 2024

Tesla’s pricing strategy comes down to one key difference from its competitors Following the news, Omar of Whole Mars Blog noted that he finds Tesla’s pricing strategy incoherent, to which Sawyer Merritt noted that this was one of the rare downsides of the direct-to-consumer sales model, despite the extra pricing transparency.

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The Truth About Cars

JUNE 8, 2023

For those unfamiliar with the company, sales were formerly limited to Europe. That’s when the boutique manufacturer introduced its North American dealer network.& & Direct sales and service were initially limited to Manhattan and Dallas. While you could already purchase BAC products in the U.S.

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The Truth About Cars

OCTOBER 28, 2024

Scout Motors ruffled dealers’ feathers when it announced a direct-to-consumer sales model, but the automaker isn’t sidestepping physical locations altogether. Referencing the direct model versus dealership sales, Scout VP Cody Thacker said, “We’re not philosophically adamant that it has to be one way or the other.

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The Truth About Cars

SEPTEMBER 12, 2024

Nissan dealers have struggled with profitability amid a glut of inventory and diminishing buyer interest, but the automaker has taken steps to improve the situation. The automaker sent an email to dealers earlier this month, saying that it would reduce output of the Rogue and Frontier by up to 40,000 units this month and next.

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EV Club of CT

JUNE 23, 2021

A direct sales bill did pass the legislature, just not the one we wanted. Emerging from the smoke, we can see for the dealers what selling. Connecticut residents now can buy pot, but not a Tesla. Read more.

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