The Truth About Cars

SEPTEMBER 27, 2024

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.

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Dealers Sale Minivan United States 109

Teslarati

SEPTEMBER 12, 2024

The US National Dealer Council sent a scathing letter to Stellantis CEO Carlos Tavares, emphasizing concerns about the automaker’s past decisions and future plans. Your own distribution network, your dealer body, has been left in an anemic and diminished state.” Read the US National Dealer Council’s full letter to Stellantis below.

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Dealers Chrysler Dodge United States 111

Electrek

JANUARY 4, 2024

has announced a new EV sales strategy that remains asset-light but can help boost sales of its flagship Ocean model. This morning, Fisker shared plans to adopt a network of approximately 100 dealer partners in addition to its direct sales model. Fisker Inc.

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Fisker Dealers Sale Price 115

Teslarati

MARCH 20, 2024

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’s new MSRP rules apply to the Mustang Mach-E, Ford F-150 Lightning, and E-Transit.

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Dealers Ford F-150 Price 129

CN EV Post

MARCH 9, 2023

A rare price stampede is taking place in the Chinese auto market. 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.

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Dealers BMW Price China 116

The Truth About Cars

JANUARY 29, 2024

Cadillac and Buick dealers accepted buyouts in large numbers to avoid making investments to sell EVS, and now the automaker’s dealers are pushing it to develop more hybrids instead of releasing new electric models. The company understands its dealers’ concerns but has not detailed plans to offer such products.

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Dealers GM Hybrid General Motors 109

Baua Electric

NOVEMBER 8, 2024

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. Mercedes is looking to turn things around with a new dealer incentive to drive EV sales.

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Dealers Mercedes Sale Price 52

Electric Cars Report

JANUARY 25, 2024

The spacious and adventure-ready Prologue promises to advance the electrification strategies of Honda with its top-of-class standard and available tech features and […] The post All-Electric 2024 Honda Prologue Starts Arriving at Dealers this Spring Priced at $47,400 appeared first on Electric Cars Report.

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Honda Dealers All-Electric Price 104

Green Car Reports

SEPTEMBER 30, 2022

The 2023 Hyundai Ioniq 5 gets a price hike, as dealer markups continue. And where can you buy a new electric car for about $10,000? Lordstown is (slowly) making production Endurance electric trucks. This and more, here at Green Car Reports. The Indian automaker Tata has launched a $10,000 electric car for its home market.

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Hyundai Price Production Cars 153

Electrek

JUNE 7, 2022

Ford has started to deliver the F-150 Lightning electric pickup truck, but some dealers are taking advantage of the demand. One of them was spotted doubling the price of the electric pickup by adding a $69,000 markup. The post Ford dealer doubles the price of the F-150 Lightning electric pickup truck appeared first on Electrek.

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F-150 Dealers Ford Price 114

The Truth About Cars

FEBRUARY 8, 2024

Last week, Ford CEO Jim Farley asked a group of dealers for some open and honest feedback while promising to spend the next few weeks visiting showrooms. However, the latest from the North American Dealers Association (NADA) meeting makes it sound like the relationship may still be dicey. This isn’t exclusively a Ford problem, however.

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Dealers Ford Las Vegas Conversion 104

Electrek

FEBRUARY 21, 2023

When one carmaker controls over 60% of the EV market, any price changes can reverberate through the industry. In this case, Tesla’s steep price cuts combined with gaining access to federal tax credits have sent shockwaves through the industry.

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Dealers Manufacturer Tax Credit Price 95

The Driven EV News

JULY 30, 2024

Demand for electric vehicles plunge in Germany and the country’s automotive sector is bracing for a gloomy full year as high prices and leasing rates hamper business. The post German dealers say private orders for electric cars have fallen by nearly half in 2024 appeared first on The Driven.

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Dealers Electric Cars Germany Cars 119

Teslarati

NOVEMBER 29, 2023

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. But that enthusiasm has stalled.

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Dealers Cars Auto Electric Vehicles 130

Electrek

SEPTEMBER 10, 2022

According to a new report, Ford’s CEO Jim Farley will meet with dealers next week in a bid to lower the price of its electric vehicles to compete with Tesla. The post Ford CEO wants to compete with Tesla, will meet with dealers to lower EV prices appeared first on Electrek.

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Dealers Ford Price Tesla 114

Teslarati

OCTOBER 21, 2023

However, a new report shows that dealers have had difficulty keeping up with inventory levels for the automaker’s EQ lineup, with sales times for the EVs exceeding the luxury segment average. “There is too much of a price premium — especially at the top end of the EQ lineup — and almost no [lease] support.”

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Mercedes Dealers Sale Store 145

The Truth About Cars

MAY 23, 2024

With new vehicle prices having surpassed parody, any automaker building affordable vehicles may soon find themselves getting a lot of attention from customers who just want something that will work for under $40,000 and that’s basically all Mitsubishi sells. But they have no dealer nearby to make that purchase." sales market.

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Mitsubishi Dealers Minivan United States 113

The Truth About Cars

JULY 16, 2024

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. The above global expansion has been made possible thanks largely to its share price absolutely exploding after 2020.

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Dealers Buy Ford Sale 104

Teslarati

APRIL 21, 2024

Tesla has dropped the prices of its electric vehicles (EVs) and its Full Self-Driving (FSD) software over the past few weeks, reigniting larger discussions about the automaker’s overall pricing strategy. “Subscription price will go up once we release FSD. . “Subscription price will go up once we release FSD.

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Price Dealers Tesla Personal 136

Electrek

APRIL 12, 2024

Kia is paying its dealers up to $1,500 in flat payments for each EV sold in April, so buyers, there may be good prices to be had.

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Dealers Kia Price 127

The Truth About Cars

NOVEMBER 5, 2024

Toyota recently announced pricing and configuration details for the extended family hauler, and there’s a new entry-level trim joining the lineup with a slightly lower starting price. The new LE trim is more than $2,000 cheaper than the current base model, giving it a starting MSRP of $42,310.

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Highlander Toyota Price Indiana 109

The Truth About Cars

OCTOBER 10, 2024

Today, we learned pricing for the automaker’s smallest crossover, and it remains a relatively value-forward pick in a hyper-competitive segment. The new Taos is expected to land on dealers’ lots in late 2024. The 2025 Taos starts at $24,995 for the base S trim, and AWD pushes the price to $26,695. The turbocharged 1.5-liter

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Price Light Standards Dealers 109

The Truth About Cars

APRIL 24, 2024

dealer network , giving it stores in several new areas and growing its footprint to 18 dealerships in seven states. VinFast added 12 stores, with new dealerships in Connecticut and Kentucky, five new locations in Florida, and four in Texas. The company recently announced an expansion to its U.S.

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Dealers North Carolina Tax Credit Vietnam 97

The Truth About Cars

APRIL 22, 2024

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.

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Dealers Dodge Legal Cars 103

The Truth About Cars

OCTOBER 4, 2023

Ford introduced its tiered dealer program nearly twelve months ago, splitting stores interested in selling electric into “Model e Certified Elite” and “Model e Certified.” In exchange, dealers are given access to demo vehicles and a factory guarantee for limited EV allocations.&

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Dealers New York Ford Store 109

Teslarati

MAY 15, 2023

A new report finds that Tesla accounted for roughly $700,000 in lost gross profit per dealer in California during 2022. The new report published by Automotive News included the sales of three top D2C carmakers, Tesla, Rivian, and Lucid. Specifically, the 193,707 D2C EV sales, of which 97.1%

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Dealers California Sale Tesla 100

Teslarati

FEBRUARY 6, 2024

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 vehicles built by FAW-VW from an authorized VW dealer in China. 6 vehicles built by FAW-VW from an authorized VW dealer in China. 6 electric vehicle (EV) into Germany.

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Dealers Germany Cars Europe 107

Electrek

JANUARY 13, 2022

more… The post National Auto Dealer Assoc. Will dealers step in line? says it’s all in on EVs. appeared first on Electrek.

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Dealers Auto Automobile All-Electric 141

Baua Electric

OCTOBER 16, 2024

Ford dealers just got a significant new incentive to move F-150 Lighting inventory. Through a new pilot program, Ford will pay dealers up to $22,500 for every F-150 Lightning model restocked from a Retail Replenishment Center. If a dealer unloads more than nine (max 15), the incentive increases to $1,500.

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F-150 Dealers Ford Price 52

Green Car Congress

MAY 3, 2023

Updated Pricing The above reflects MSRP as of 2 May 2023. MSRP excludes destination/delivery fee, optional equipment plus government fees and taxes, any finance charges, any dealer processing charge, any electronic filing charge, and any emission testing charge.

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Standards Range Ford Price 417

Teslarati

DECEMBER 3, 2022

Ford is now facing pushback from dealers in numerous states over its EV sales plan. This certification is required for any dealer selling Ford electric vehicles. Ford’s EV Certification program has two main requirements; sell EVs at fixed prices and invest between $500,000 and $1.2 million into EV charging infrastructure.

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Dealers Ford Sale Connecticut 98

Teslarati

AUGUST 13, 2024

The government announced an emergency meeting about EV safety, and now automakers are rolling out significant price cuts to attract new car buyers. Auto dealers for foreign brands plan to cut retail prices by around 30% for new buyers. discount each from their regular price.

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South Korea Price Audi Mercedes 112

Green Car Reports

FEBRUARY 16, 2024

Kia dealers are at it again, marking up the EV9 electric SUV by $7,000 or more, despite efforts from Kia to reel in price gouging earlier in the year. Many Americans still have no experience with EVs. And how much more than MSRP would you pay for a Kia EV9? This and more, here at Green Car Reports.

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Kia Building Dealers Green Cars 153

Electrek

SEPTEMBER 14, 2022

Ford Motor Company has unveiled a new companywide strategy to its dealership network of nearly 3,000 locations. Ford dealers have been alerted that they have until October 31 to decide whether they will invest their own money into one of two “certified” EV tiers to partake in Ford’s Model e business.

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Dealers Ford Price Buy 101

The Truth About Cars

JUNE 2, 2023

The last few years have been crazy for car shoppers, with inventory shortages and harsh price gouging running rampant. That said, the market seems to be healing, and some dealers now find themselves with too much inventory on hand. & The Jeep Renegade sits on the showroom floor the longest, with 753 days of supply.

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Dealers Jeep Silverado Kia 98

The Truth About Cars

JUNE 20, 2023

After weathering pandemic-related shutdowns, chip shortages, and barren lots, some dealers are complaining our nation’s rail system is suddenly no longer up to the task of delivering new cars. A few are saying they have a point, whilst others muse it is a bit of karma for three years of price gouging and “additional dealer markups”.

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Dealers Karma Mexico Detroit 96

Teslarati

JULY 9, 2024

The 2025 Cadillac Escalade IQ’s price will start at ~$130,000 and can go up to $150,000 before upgrades. The Cadillac Escalade IQ will be available in four trims, with prices ranging from $129,990 to $150,490. The prices above are the MSRP estimates, excluding tax, title, license, and dealer fees. The Sport 2 offers 19.2

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Escalade Cadillac Price Dealers 112