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Indian car dealers worry about deeper discounts amid sales slump

Baua Electric

Dealers anticipate a boost during the festive season, but many buyers are delaying purchases for better deals. --> The Indian auto market struggles with high inventory and consumer hesitancy, prompting fears of deeper discounts. Dealerships’ sales of cars fell 4.5 Dealerships’ sales of cars fell 4.5

Dealers 52
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Dirtbag English Car Dealer Gets Jail Time for Ripping People Off

The Truth About Cars

While there are absolutely exceptions, the days of the super-sleazy used car dealer seem to be behind us here in the States. Anyone ripped off by one of them probably wishes we had laws like those in England, where a shady dealer recently got jail time for his actions. They found Smith’s bank account packed with 1.1

Dealers 105
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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 133
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Please Pick an Actual Color for Your Next Car Purchase

The Truth About Cars

iSeeCars recent study found that 80 percent of the cars on our roads are painted grayscale colors, with gray , white, black, and silver being the most popular “colors” in the country. The cause behind some of this is certainly buyers’ behavior, but it’s a bit of a chicken-or-egg scenario with dealers. Gray has grown by a staggering 81.9

Purchase 111
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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. Hedin is a Swedish company that distributes other Chinese car brands across Germany, including BYD and XPeng. The Swedish car distributor previously managed BYD’s relationship with dealers across Germany.

BYD 122
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Volkswagen sues car dealer for importing ID.6 EV to Germany

Teslarati

Volkswagen is suing a German car dealer for importing the China-exclusive ID.6 In 2022, German car dealer Gregory Brudny offered the Volkswagen ID.6 6 EV is produced in China by the FAW-VW joint venture and is meant to be sold exclusively in the Chinese car market. 6 electric vehicle (EV) into Germany.

Dealers 108
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Dealer Groups are Up In Arms About Potential for Scout and Sony Afeela to Sell Cars Directly to Buyers

The Truth About Cars

Dealers are often the first group to sound concerns when something changes in the auto industry, whether they’re justified in their complaints or not. The group placed an ad in the April 15 issue of Automotive News and has collected support from all 50 state and 21 metro-area dealer associations.

Dealers 104