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Dealer Group Filed a Lawsuit Alleging That Hyundai Falsely Inflated EV Sales Numbers

The Truth About Cars

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.

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San Antonio Hyundai Dealer Removes Landmark

The Truth About Cars

Over the weekend, your author happened upon a rural Ford dealership seemingly frozen in time, still using signage from past decades and proudly eschewing whatever cold corporate design is currently being foisted upon dealer principals by The Suits in Dearborn. It was neat to see a store embrace its heritage. Texas, ya’ll.

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2023 Hyundai Ioniq 5 price hiked $1,500—before the $10,000 dealer markups

Green Car Reports

The 2023 Hyundai Ioniq 5 gets a roughly $1,500 price hike for its sophomore model year, but that could prove insignificant next to loss of eligibility for the federal EV tax credit and persistent dealer markups.

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Hyundai IONIQ 5 is becoming a top seller off the lot as dealers prep for EV growth

Electrek

Hyundai dealerships are modernizing as the brand looks to build upon its growth in the EV market this year. Hyundai’s IONIQ 5 is already a top seller at some dealers. With new electric models rolling out, like the three-row IONIQ 7 SUV, Hyundai has the “whole gamut covered.”

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Hyundai announces Evolve+ EV subscription program

Green Car Congress

Hyundai Motor America, in partnership with Hyundai Capital America, announced its new Evolve+ electric vehicle subscription service at the 2023 Chicago Auto Show. In the screen shot provided by Hyundai, the charge is $20/100 miles from 1,001 miles up to 1,500 miles—i.e., Consumers can find available dealers within the app.

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Hyundai dealers that subscribe to CDK Hailer service to offer Lyft rides for service customers

Green Car Congress

In the next several months, Hyundai dealers in the US that subscribe to CDK Global’s Hailer service can offer Hyundai owners easy access to Lyft rides while their vehicles are being serviced. As an example, a Hyundai customer calls their service advisor to schedule an appointment at a participating dealership.

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Nissan Is Bleeding Market Share And Dealer Profitability

The Truth About Cars

Image: Nissan Nissan dealers in the United States are living through a traumatic experience. Profitability has plummeted to its worst in 15 years, leaving almost 40% of Nissan's 1,071 dealers hemorrhaging money. Dealers are suggesting Nissan needs to trim the fat, possibly reducing the number of stores by up to 40%. down from 7.7%

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