article thumbnail

Survey: Dealers think Biden is moving too fast on EVs

Green Car Reports

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.

Dealers 217
article thumbnail

Mercedes G-Class EV, Model 3 Performance, Tesla ownership costs, Vinfast dealers: Today’s Car News

Green Car Reports

Tesla reintroduces the Model 3 Performance, and the brand rules in ownership costs. Mercedes rolls out its electric G-Class. And Vinfast adds U.S. dealerships. This and more, here at Green Car Reports.

Mercedes 176
article thumbnail

Mitsubishi Dealers Nervous, Yell at CEO

The Truth About Cars

It seems a tripartite of price issues, demand problems, and a hamstrung product catalog have spurred a number of Mitsubishi dealers to bend the ear of its North American CEO. If something doesnt shift fast, said the dealer in an interview with AN , We will have to make some major decisions. percent in the 2023 calendar year.

article thumbnail

Ford loses nearly 400 participants from its EV dealer program

Electrek

After asking its dealers to join it “on an epic journey of sustainable expansion,” Ford revealed over two-thirds of its dealers joined almost a year ago. However, close to 400 dealers have dropped out of the program since then.

Dealers 141
article thumbnail

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. Ford also told dealers they no longer require compliance with its strict Minimum Allowable Advertised Price (MAAP).

Dealers 122
article thumbnail

Report: Stellantis Brands Overtake Ford As the Least Trusted By Dealers

The Truth About Cars

Toyota, Lexus, and Subaru were the most-trusted vehicle brands by dealers in 2024, according to research from Kerrigan Advisors. Ford was once the least-trusted automaker, but it lost that honor to Stellantis last year, as its Chrysler-Dodge-Jeep Ram (CDJR) dealers said theyd lost trust in the group.

Dealers 116
article thumbnail

Ford To Pay Back Dealers for Some of Their Hefty EV-Related Expenses

The Truth About Cars

As part of its electrification push, Ford created an EV certification program for its dealers in 2022, which required significant investments and building modifications. The automaker later canceled the program, and now, its reimbursing dealers for some of their costs related to EV charger installations and other expenses.

Dealers 109