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Nissan Is Bleeding Market Share And Dealer Profitability

The Truth About Cars

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%.

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One Florida Kia Dealer Lost 672 Cars to Hurricane Helene

The Truth About Cars

There are likely thousands of flooded vehicles strewn across several states at the moment, sitting in concentrated numbers on dealers’ lots. One Florida Kia dealer was hit especially hard, saying that it lost 672 cars to the storm. million to the insurance company. million to the insurance company.

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NY Judge Pauses Ford’s EV Dealer Requirements

The Truth About Cars

This comes after five stores operating within the state launched a lawsuit against Ford Motor Co. Ford introduced its tiered dealer program nearly twelve months ago, splitting stores interested in selling electric into “Model e Certified Elite” and “Model e Certified.” for introducing a new certification process for EVs.

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Kia is Suing a Former Dealer for Shady Business Practices and Misrepresenting Sales

The Truth About Cars

Dan O’Brien auto group used to operate three Kia stores in New Hampshire and Massachusetts, but the automaker isn’t happy with how things ended. In early May, it filed a lawsuit against the dealer , claiming racketeering, fraud, and stealing hundreds of thousands of dollars in incentives.

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Nissan Dealers May Foot the Bill for the Brand's Price-Cutting Sales Strategy

The Truth About Cars

Cutting new-car prices is a great way to boost sales, but it’s not always kind to the dealers stuck with the inventory. Nissan gave its franchisees authorization to sell vehicles below invoice, but some stores are unhappy with the brand’s shifting attitudes toward their profitability.

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Ford Dealers Asked to Pause Further EV Investments While It Reviews Model e Program

The Truth About Cars

The Blue Oval recently asked its suppliers to help it cut costs and announced early on that its dealers would need to make significant investments to continue selling its electric models. Now, the company is telling dealers to pause further investments while it reviews the requirements of its EV certification program.

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San Antonio Hyundai Dealer Removes Landmark

The Truth About Cars

Over the weekend, your author happened upon a rural Ford dealership seemingly frozen in time, still using signage from past decades and proudly eschewing whatever cold corporate design is currently being foisted upon dealer principals by The Suits in Dearborn. It was neat to see a store embrace its heritage. Texas, ya’ll.