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Survey: Dealers think Biden is moving too fast on EVs

Baua Electric

Dealers think the Biden administration’s EV policies are forcing the auto industry to move ahead of market demand, according to a new Automotive News survey. The publication’s 2024 Dealer Outlook Survey compiled responses from 208 U.S. car dealers and dealership managers. billion on EV infrastructure.

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Buick Dealerships Taking Buyouts, EV Sales Program Rejected By 47 Percent

The Truth About Cars

Sales and service departments are also supposed to get additional training to better understand how to deal with EVs. However, these changes will cost dealerships hundreds of thousands of dollars and some don’t see it as a worthwhile investment. Whether intentional or not, the end result seems to be mass dealer consolidation.

Buick 104
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GM launches Green Dealer Recognition program

Green Car Congress

GM has launched a “Green Dealer Recognition” program for Chevrolet, Buick, GMC and Cadillac dealerships across the US. Participating dealers have proven track records in areas such as energy reduction, renewable energy use, water conservation efforts, recycling, on-site nature habitats and community outreach.

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UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

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General Motors sidesteps loss of EV tax credit to offer big discounts for customers

Teslarati

The Cadillac Lyriq and Chevrolet Blazer EV are losing the credit because of component qualifications, while all other EVs are temporarily losing eligibility. Additionally, the Equinox EV, GMC Sierra EV, Cadillac OPTIQ, and Silverado EV will be eligible for the full incentive. 43 vehicles had qualified in 2023. The IRS and U.S.

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The New Chevy Blazer EV Has Stumbled Twice in Recent Tests - Hard

The Truth About Cars

It underpins several existing and upcoming models and is the basis of the automaker’s EV efforts, costing billions of dollars and years of development. A few Ultium-based models have already gone on sale without too many issues, including the GMC Hummer EV and Cadillac Lyriq, but the most recent release hasn’t gone so smoothly.

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General Motors Bringing Back Plug-in Hybrids

The Truth About Cars

The assumption being that profits will come once the company has built more high-margin examples and battery production reaches a point where costs begin to come down. Dealers have likewise expressed the need for more hybrids and fewer battery electric models based on consumer research efforts.