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

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 136

Green Car Reports

MAY 8, 2024

Eli Electric Vehicles on Tuesday opened U.S. reservations for its Eli Zero, a tiny urban EV with a starting price of $11,900. Launched with help from crowdfunding, the Zero was first shown in 2017 and began shipping to European dealers in 2021. At the time, Eli said it was targeting a 2022 launch for the U.S.

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Teslarati

JUNE 7, 2023

Volkswagen of America CEO Pablo Di Si warned dealers ID. Buzz price markups. The VW of America CEO revealed discussions with dealers about the ID. “We need to find a fair way … for the consumer and the dealer — there’s no overpricing, that the system doesn’t crash. Buzz is ongoing.

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Dealers America North America Price 98

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. . We are raising Model Y prices.

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Price Dealers Tesla Personal 140

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 111

Teslarati

FEBRUARY 6, 2024

Volkswagen is suing a German car dealer for importing the China-exclusive ID.6 6 electric vehicle (EV) into Germany. 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. The post Volkswagen sues car dealer for importing ID.6

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Dealers Germany Cars China 110

Green Car Congress

JANUARY 12, 2021

Prices for new light trucks—pickups, vans, and sport utility vehicles (SUVs)— averaged 43% more than new cars in 2019. From 1990 to 1995, cars had a higher average price than light trucks. Price data are adjusted for inflation (constant 2019 dollars). Light trucks include classes 1-3. Sources: Cars – U.S.

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2019 Light Price Financing 243

Baua Electric

APRIL 15, 2024

California-based EV startup Fisker signed a new dealer in Miami and several in Europe as it fights to turn things around. After announcing massive price cuts on its Ocean electric SUV last month, Fisker looks to grow its dealer network. The 2023 Ocean Extreme price was cut from $61,499 to just $37,499.

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Fisker Dealers Europe Miami 52

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 112

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. With 18 stores in seven states and its corporate dealers in California, VinFast now has a surprisingly robust U.S. Though the automaker has a range of vehicle offerings in Vietnam, its only model on sale in the U.S.

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Dealers North Carolina Tax Credit Vietnam 98

Green Car Congress

OCTOBER 27, 2021

GM and its dealers will work together to expand access to charging in local communities including in underserved, rural and urban areas where EV charging access is often limited. In addition, GM will help dealers apply for incentives and other funding and access to programs that can expect to expedite the deployment of local EV charging.

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Dealers GM Charging Smart Charger 221

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 105

CleanTechnica EVs

AUGUST 9, 2022

Not only are some cars hard to find at all with dealers selling out of popular models, but there’s also the issue of dealer markup. This is when a dealer sells a car for more than the MSRP, or Manufacturer’s Suggested Retail Price. Buying cars in 2022 can be a huge headache. This usually comes […].

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Dealers Cars Buy Price 137

Teslarati

OCTOBER 21, 2023

Mercedes-Benz has seen the sale of its electric vehicles (EVs) increase significantly in the U.S. 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. marking a 284-percent increase year over year.

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Mercedes Dealers Sale SUV 145

Baua Electric

MAY 24, 2024

With changes expected to Ford’s electric vehicle certification program, all Ford dealers will likely be able to sell EVs. Ford is reportedly preparing to open the program amid feedback from its dealers. Ford spokesperson Marty Gunsberg confirmed that several dealers opted out of the program this past December.

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Dealers Ford F-150 Price 52

Green Car Congress

MAY 3, 2023

This provides customers the opportunity to try it during the initial months of vehicle ownership and subsequently activate it through a subscription at the time of their choosing. Customers can still include a 3-year subscription as part of the vehicle purchase, if they prefer. Updated Pricing The above reflects MSRP as of 2 May 2023.

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Standards Range Ford Price 417

Teslarati

JANUARY 8, 2024

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. The data shows that the average sticker price of a Tesla dropped throughout the year to reach $50,051 in December.

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Price Market Tesla Tax Credit 132

Green Car Congress

FEBRUARY 3, 2022

Ford electrified vehicle sales in January grew almost 4 times faster than the overall electrified segment. With a total of 13,169 vehicles sold, Ford electrified vehicles were up 167.2, The Mustang family of vehicles, Mustang and the all-electric Mach-E, produced sales of 8,041—up 76.3% with share up 5.0 of segment.

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Ford Sale Vehicles SUV 305

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 104

CleanTechnica EVs

APRIL 21, 2023

The used car market plays a crucial role in providing affordable vehicles for people, especially those who can’t afford ever-rising new car prices. While buying a new car can be a dream for many, it is often unaffordable due to the high price tag and the insane dealer markups we often see these days.

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Price Affordable Dealers Buy 123

Baua Electric

JANUARY 4, 2024

This morning, Fisker shared plans to adopt a network of approximately 100 dealer partners in addition to its direct sales model. While we have yet to catch wind of any OEM partnerships, Fisker has confirmed a new network of dealer partners across North America and Europe. Fisker Inc. Fisker Inc. ($FSR) Source: Fisker Inc. Fisker Inc.

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Fisker Dealers Sale Price 52

The Truth About Cars

FEBRUARY 1, 2024

A recent survey, conducted by Automotive News , has indicated that automotive dealerships are still broadly dissatisfied with the Biden administration’s strategy to force the United States to pivot toward all-electric vehicles. Electric vehicles are exciting.

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Dealers Auto Durango Tax Credit 105

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 Price 96

The Truth About Cars

JULY 12, 2023

We’ve been hearing about the rise of electric vehicles for years, but while they are growing rapidly in number, there’s still a disconnect between an auto industry hell-bent on electrification and the desires of the people they rely on to buy new cars. Though EV sales seem to be dragging, hybrids and plug-in hybrids are hot commodities.

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Dealers Tax Credit Gas-Electric Supplies 98

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. It multiplied the sales numbers from these brands with the average gross profit per vehicle sold at a dealer in California. Specifically, the 193,707 D2C EV sales, of which 97.1%

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Dealers California Sale Tesla 100

Teslarati

AUGUST 2, 2022

General Motors has announced that vehicles sold too quickly after their initial sale will have their warranties stripped ahead of multiple hotly anticipated product releases. In the continued battle of many automakers to limit price gouging by dealers and private resellers alike , legacy brands have very few options.

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GM Price Las Vegas Hummer 98

CleanTechnica EVs

AUGUST 20, 2023

automotive dealerships are still grappling with electric vehicle prices and inventory, following market leader Tesla’s many price reductions throughout the year.

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Price Dealers Affordable Standards 96

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

Teslarati

OCTOBER 15, 2022

Honda dealerships that want to be part of the buying process of the vehicles. While earlier this week, Sony Honda Mobility clarified that their vehicles won’t be available until 2026, this hasn’t stopped Honda dealers state-side from expressing their interest in being a part of the venture, according to Reuters.

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Dealers Honda Parts Sale 134

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

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Dealers Ford Sale Connecticut 98

CleanTechnica EVs

JANUARY 8, 2022

Ford is threatening to punish dealers who demand additional deposits to reserve an F-150 Lightning, but can do nothing to control price gouging.

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F-150 Dealers Ford Price 145

CleanTechnica EVs

OCTOBER 31, 2021

A few weeks ago, Ken Ortiz, the president of the New Mexico Auto Dealers Association, penned a letter to the editor of the Albuquerque Journal. The letter, which came 2–3 weeks after Tesla opened its first facility in the state, defended auto dealers’ practices and claimed that they’re actually better for the EV transition.

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New Mexico Mexico Dealers Albuquerque 111

Teslarati

MARCH 29, 2024

BYD set lower sales growth goals for 2024, warning of a looming price war and overcapacity in Mainland China’s electric vehicle (EV) sector. A 20% increase will not be easy to achieve, given the current weak market sentiment,” said Zhao Zhen, a sales director at Wan Zhuo Auto—a car dealer in Shanghai. year-over-year.

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BYD Price Sale Vietnam 130

Baua Electric

APRIL 12, 2024

Photo: Kia 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. Through April 30 , the Kia April 2024 Dealer Flat Cash Program will pay dealers $1,500 for every EV6 GT sold and $1,000 for every 2023 Kia EV6 sold. But what’s in it for you?

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Dealers Kia Solar Installation 52

Teslarati

FEBRUARY 22, 2023

Tesla and other companies selling vehicles directly to consumers are under threat in Florida, where two bills may disrupt how the automakers sell their vehicles. ” However, this could change. As initially reported by Seeking Rents , Florida House Bill 637, sponsored by Rep.

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Florida Dealers Sale Tesla 100

Teslarati

MARCH 9, 2024

General Motors (GM) brand Chevrolet has begun selling the Blazer electric vehicle (EV) once again, after the automaker halted orders for over two months due to a software quality issue. Chevy announced on Friday that it’s now resuming Blazer EV sales, re-launching the vehicle’s three configurations with lower price tags starting at $50,195.

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