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Ford electrified vehicle sales grew 184% in May, achieving a new electrified vehicles sales record of 10,364 vehicles. Explorer Hybrid sales also had a big increase of 132% over a year ago on sales of 1,156 SUVs. Explorer Hybrid sales also had a big increase of 132% over a year ago on sales of 1,156 SUVs.
Tesla is continuing its long-standing tradition of dominating electric vehicle sales in California. Despite an increased number of competitors and models attempting to take market share from the company, Tesla still holds over fifty percent of the EV segment in the Golden State. percent of the EV sales in California in 2024.
Amazon Autos director Fan Jin recently told Automotive News that the move would happen soon, moving the company into direct competition with several others in the space. Jin said, Were adding more dealers, and were excited to add not just new inventory for those dealers but also used inventory.
Maserati, the Italian luxury and performance automotive brand and the only luxury brand of the Stellantis Group, is partnering with Future Energy to electrify its dealer network. This partnership proves Maserati’s dedication to helping their dealers adapt their business processes and embrace the future of electrification.
EFG Companies, the innovator behind the award-winning Hyundai Assurance program, has launched the new Motorist Assistance Plan (MAP) Electric Vehicle Protection. —John Pappanastos, President and CEO of EFG Companies. North American battery electric vehicle sales volume is estimated to range between 1.4
Tesla has filed an official petition with the state of Wisconsin to let the company sell cars directly to consumers, coming as the latest in the company’s attempts to overturn direct sales bans across several U.S. READ MORE ON DIRECT SALES LAWS: Tesla granted license for direct vehicle sales in Kentucky Across the U.S.,
million units sold, according to GlobalData, a data and analytics company. Driving the drop in sales was the emergence in December 2019 of the coronavirus (COVID-19) in Wuhan, China. While the drop in January vehicle sales on a global scale is alarming, sinking 13.9% Sales in the world’s single largest vehicle market sank 33.1%
EV technology developer Battle Motors has acquired commercial vehicle OEM Crane Carrier Company. Crane Carrier Company (CCC) has been manufacturing commercial vehicles for 75 years and is based in New Philadelphia, Ohio with 180 sales and service dealers throughout North America. Battle One.
According to President and Founder Tony Fairweather, the financing allows SEA Electric to accelerate its global sales efforts and further utilize its proprietary Sea-Drive 120b battery power system, while strengthening the delivery and distribution transportation segment for vehicles that operate in urban and metropolitan areas.
Lightning eMotors and ABC Companies, a leading provider of motor coach, transit and specialty passenger transport equipment, announced the sale of the largest battery-electric double-decker motor coach to All Aboard America! Holdings, the fourth-largest motor coach operator in the US.
As a precautionary measure, the company announced a voluntary recall of approximately 209 Class 8 Tre battery-electric vehicles (BEVs). Nikola provided the preliminary results of third-party and internal investigations into a previously reported battery pack thermal event in its Class 8 Tre battery-electric vehicles (BEVs).
—Klaus Zellmer, Board Member for Sales and Marketing at Volkswagen. In addition, Volkswagen will be launching its online leasing and sales offerings in Germany toward the end of 2021. family, but the platform will later be made available to dealers to offer combustion engine and hybrid vehicles as well.
Albertsons Companies, the second-largest grocery chain in the US, recently took delivery of two Volvo VNR Electric trucks at its distribution center in Irvine, California. company-wide fleet, and will be serving Albertsons, Vons, and Pavilions stores in Southern California.
Toyota Motor Corporation (Toyota) is introducing “total-care service,” a pioneering set of mobility services specially designed for ride-hailing companies. Through this Total-care Service, ride-hailing companies can provide their driver-partners with more cost-efficient and timely maintenance services.
Some Ford dealers have had second thoughts about the company's EV sales program and notified the company they are no longer interested in participating.
Volkswagen’s Scout Motors is looking to enter the electric vehicle market using a sales strategy that has proven very effective for industry leaders like Tesla. On Thursday, Scout noted that it is planning to adopt a direct sales model instead of using a conventional dealer network. auto dealers.
a Berkshire Hathaway company and the largest shuttle bus manufacturer in North America, entered into a strategic partnership agreement to deploy up to 7,500 zero-emission shuttle buses. The Elkhart, Indiana-based company has plans to dedicate 100,000 square feet to install Lightning eMotors’ powertrains.
Ford wants more dealers involved in its electric vehicle (EV) sales, so it’s lowering the barrier of entry. “What we’re finding is more dealers want to be involved in it, and we don’t want to be exclusive to just a handful. Recently, Ford held meetings with dealers across the United States.
Fisker on Thursday said it would add franchised dealerships alongside company-owned showrooms, pivoting away from the pure direct-sales model previously discussed. "We We are evolving our business model and intend to add as many as 50 dealer partners in the U.S.
Ford Motor Company has a tough challenge for its dealers selling electric vehicles. The automaker wants its dealers to match Tesla’s lower selling prices, according to a report from Reuters. Ford told Reuters that it was “excited to meet next week with our North America dealers to grow and win together.”
With 4G handsets now representing 95% of domestic sales, market saturation has resulted in mobile phone sales through to July dropping by 5% year-to-date. Chinese EV sales through to July totalled 696,000 this year. Portable electronics have long been the mainstay of lithium demand. Although this marks an impressive 41.5%
Automakers are locked in a heated battle for EV supremacy in the United States, but one dealer group is alleging that Hyundai’s numbers might not be entirely accurate. That move would make sales figures look better without dealers moving any additional EV inventory. Images: Hyundai] Become a TTAC insider.
REV Fire Group, comprising the REV Group companies E-ONE, KME, Ferrara, Spartan Emergency Response, Smeal, and Ladder Tower, will build an all-electric E-ONE Vector fire truck for Mesa Fire and Medical Department in Mesa, AZ. H&E Equipment, an E-ONE authorized dealer, is coordinating the Mesa order and delivery is expected in 2022.
Dealers and their financing partners, leasing and rental companies, or truck-as-a-service providers can serve as providers. Small fleets will work with a CARB- and HVIP-administrator-approved provider to request a voucher. This is in advance of the formal launch of the program at 1 p.m.
Dealer allocations for the ID.Buzz will reportedly hinge on how many ID.4 While there will be more going into VW’s through process than that, the volume of EVs dealers have sold will apparently be playing a very large role in terms of how many electrified vans will be made available for showrooms this fall. went on sale in 2021.
Cutting new-car prices is a great way to boost sales, but it’s not always kind to the dealers stuck with the inventory. Many Nissan dealers have already been selling below invoice, saying that demand has been so weak that they have been forced to incentivize any buyer willing to walk onto the lot.
Overall, Volvo Cars reported global sales of 56,883 cars in July, down 8.7% The decrease was mainly a result of lower sales numbers in Europe, as well as an unusually strong global sales performance in July last year, when dealers started to open for deliveries after Covid-19 lockdowns. to 75,329 cars.
Performance Team – A Maersk Company, a warehousing and distribution company, has placed an order for 16 Volvo VNR Electric Class 8 trucks ( earlier post )—the largest commercial order of the North American zero-tailpipe emission model to date. We’re seeing a 30% growth rate in our Warehousing and Distribution business.
—starting in the state where the company also plans to build a factory. While Vinfast already has a few company-operated showrooms, its first franchised dealership opened this week in Cary, North Carolina, in partnership with the Leith Automotive Group. Vinfast will use franchised dealerships to sell cars in the U.S.—starting
dealerships, but a recent report suggests the EV firm may be falling behind on sales targets. The additions will give the company 18 franchised dealerships in seven states—North. Vinfast on Tuesday announced the signing of 12 more U.S.
Production of this electric heavy-duty model tractor is projected to begin the last part of 2024, and will be distributed & serviced exclusively through select qualifying dealers within Hino Trucks’ US network. During the ACT Expo Show, Hino Trucks displayed an early development prototype of this vehicle.
Its looking to cut its workforce and plans to reduce production of two of its most important models as sales slide. The move is a calculated risk, as those two vehicles are the brands top-selling models, accounting for 42 percent of the companyssales combined, and must make money.
This is the second Ford dealership purchased by the company this year. 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. in Massachusetts.
Mercedes is now paying dealers up to $3,000 for every EV they sell until the end of the year. As part of its new Q4 2024 EQ Sales Challenge, the company is giving dealers a good reason to move EVs off the lot.
Image from BMW China Weibo) As a large number of car companies in China are offering huge subsidies or price cuts, BMW is offering more than 100,000 yuan ($14,360) off its all-electric model, the i3, according to local media. The rumors and the dealers' moves come as the Chinese auto industry is staging a rare price war.
Stellantis responded to the US National Dealer Council’s (NDC) letter and addressed their concerns about the future of US brands under the company. “W W e take absolute exception to the letter sent by the president of the Stellantis National Dealer Council [in the United States], Kevin Farrish.
Brands facing NVES fines because their line-ups emit more CO2 than allowed, could drop the price of low and zero emissions vehicles to encourage sales and so reduce or wipe out fines. The government doesnt want to use the industrys VFACTS sales measurement data and is instead understood to be keen on a bespoke system.
Dealer markups may have abated to a degree, with discounts starting to manifest, but we dont really seem to be encountering the kinds of reasonable pricing North America enjoyed prior to 2020. As of now, the above issues haven't yielded any catastrophic sales collapses for the market as a whole.
Ford’s electric vehicle program saw notable progress in January 2025, with the company’s overall EV sales seeing a 21.2% But while the Ford Mustang Mach-E saw an increase in sales, the Ford F-150 Lightning experienced the opposite. year-over-year rise. That’s equivalent to a 21.2% year-over-year increase.
Working with its 2,600-plus dealers, the company is focusing on the dealership transition to electric-vehicle sales and service, offering consulting and on-site evaluation of electric-vehicle (EV) integration needs within every area of the dealership business. In the US, the company plans to offer more than 25 BEVs by 2030.
The United Automotive Workers (UAW) has been threatening strikes at major plants run by multinational automaker Stellantis, and recent statements made by dealerships are echoing some of the union’s attacks on the company and CEO Carlos Tavares. Many dealers joined the UAW in claiming that Tavares was mismanaging the U.S.
The proprietor-managed company has a total workforce of about 800 people working at locations in Germany, Portugal, the US and India. The core competences of diconium include the development of sales platforms for digital products and services as well as IT systems in customer management.
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