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U.S. Treasury, IRS Updates Procedures for Qualified Manufacturers, Dealers, & Sellers of Certain Qualified Clean Vehicles Under the Inflation Reduction Act

CleanTechnica EVs

. — The Department of the Treasury and Internal Revenue Service issued Revenue Procedure 2024–26 June 7 for the submission of information by qualified manufacturers of new clean vehicles and dealers and sellers of new clean vehicles and previously-owned clean vehicles. continued] The post U.S.

Dealers 109
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Car Dealers to President Biden: ‘enthusiasm has stalled’ for EVs

Teslarati

Over 3,000 car dealers sent a letter to President Biden expressing their concerns about his administration’s push toward electric vehicles (EVs). Car dealers have informed the President that enthusiasm for electric vehicles has stalled, hinting at concerns over the demand for EVs.

Dealers 114
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Ford permits dealers to list EVs below MSRP

Teslarati

Ford is finally permitting car dealers to list electric vehicles (EVs) below MSRP (manufacturer’s suggested retail price. The legacy automaker sent a bulletin to dealers, allowing them to advertise EVs below MSRP. The current EV market is changing and moving towards more affordable electric vehicles.

Dealers 130
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Some GM, Ford Models Will Lose EV Incentives While Some Buick And Ford Dealers Refuse To Sell Electric Cars

CleanTechnica EVs

Tax credits for electric cars are changing on January 1, 2024 and there will be winners and losers as manufacturers scramble to adjust. The post Some GM, Ford Models Will Lose EV Incentives While Some Buick And Ford Dealers Refuse To Sell Electric Cars appeared first on CleanTechnica.

Buick 109
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Car Buyers Fight Back With Dealer Markup Tracker

CleanTechnica EVs

Buying cars in 2022 can be a huge headache. Not only are some cars hard to find at all with dealers selling out of popular models, but there’s also the issue of dealer markup. This is when a dealer sells a car for more than the MSRP, or Manufacturer’s Suggested Retail Price.

Dealers 138
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Florida Enacts Car Dealers Protection Law To Stymie Online Sales

CleanTechnica EVs

Car dealers in Florida have rammed through a new law protecting them from manufacturer rules for electric cars, such as not adding surcharges to MSRP.

Florida 106
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Volkswagen of America to invest $20M in 50-state EV dealer readiness program

Green Car Congress

With sales and reservations for the all-electric ID.4 In addition, Volkswagen has launched a dedicated EV Technician Retention Program to support dealers to boost training, incentivize their highly skilled technicians, and recruit new talent equipped at addressing the EV shift. 4 and all Volkswagen electric models in the years to come.

Dealers 366