Remove Buy Remove Dealers Remove Sale
article thumbnail

Penske Automotive Buys Largest Ford Dealer Network By Sales

The Truth About Cars

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. While those types of dealerships still exist, they’re losing ground to larger dealer networks. in Massachusetts.

Dealers 104
article thumbnail

Fisker scraps direct sales and turns to auto dealers for sales

Teslarati

Fisker is scrapping plans for direct sales to customers. The startup is now turning to auto dealerships for sales and services. We decided we would rather give that money to a dealer so that we could expand faster,” said Henrik Fisker, the CEO, President, and Chairman of the EV startup.

Fisker 108
article thumbnail

More Than 7,000 U.S. Car Dealers Sign Up For 'Point Of Sale' EV Credits

InsideEVs

Thousands of car dealers are about to make it easier—and cheaper—to buy an EV in 2024. Here's how.

Dealers 145
article thumbnail

BYD Buys Car Distributor in Germany, fueling Push in Europe

Teslarati

BYD Automotive GmbH plans to buy Hedin Electric Mobility, a car distributor in Germany. The Swedish car distributor previously managed BYD’s relationship with dealers across Germany. BYD will gain more control over its European sales through the Hedin purchase.

BYD 115
article thumbnail

Chevrolet is holding EV training workshops for dealers

Teslarati

set to help educate dealers and salespeople about the technology as more consumers look to go electric. states over the summer and fall, in efforts to increase dealer confidence and product knowledge, as detailed in a report over the weekend from Automotive News. . Chevy has been hosting an EV training tour across five U.S.

Dealers 100
article thumbnail

Ford’s EV program coming to hundreds of Lincoln dealers covering nearly 90% of sales

Electrek

Ford gave its dealers, including Lincoln, an ultimatum to either buy in and go all-in on selling electric vehicles or wait until 2027 as part of its voluntary Model-e EV program. Although a little over half of Lincoln dealers opted in, they account for the great majority of the brand’s sales.

Dealers 101
article thumbnail

U.S. Dealers Are Very Angry With Stellantis Leadership Right Now

The Truth About Cars

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.

Dealers 96