Teslarati

JANUARY 11, 2024

Fisker is scrapping plans for direct sales to customers. The startup is now turning to auto dealerships for sales and services. We decided we would rather give that money to a dealer so that we could expand faster,” said Henrik Fisker, the CEO, President, and Chairman of the EV startup.

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Fisker Dealers For Sale Auto 89

The Truth About Cars

MAY 10, 2024

Cutting new-car prices is a great way to boost sales, but it’s not always kind to the dealers stuck with the inventory. Nissan gave its franchisees authorization to sell vehicles below invoice, but some stores are unhappy with the brand’s shifting attitudes toward their profitability.

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Dealers Nissan Price Sale 109

Green Car Reports

JANUARY 31, 2024

EV sales will reach 8.0% new vehicle market this month, S&P Global Mobility has predicted. The market share of EVs won't increase dramatically over the previous month, as automakers, dealers, and consumers digest new federal tax credit rules brought on by the Inflation Reduction Act (IRA) that went into effect with the start.

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Tax Credit Market Sale Vehicles 174

Baua Electric

SEPTEMBER 5, 2024

August sales fell 4.5 Dealers anticipate a boost during the festive season, but many buyers are delaying purchases for better deals. --> The Indian auto market struggles with high inventory and consumer hesitancy, prompting fears of deeper discounts. August sales fell 4.5 August sales fell 4.5 August sales fell 4.5

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Dealers Sale Suzuki India 52

Teslarati

SEPTEMBER 22, 2024

Many dealers joined the UAW in claiming that Tavares was mismanaging the U.S. Dealer groups claim that “reckless short-term decision-making to secure record profits in 2023” made them “anemic and diminished,”as market share has continued to decrease for the vehicle makers. We’re taking action.

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Dealers Dodge Chrysler Charging 95

The Truth About Cars

JUNE 3, 2024

In early May, it filed a lawsuit against the dealer , claiming racketeering, fraud, and stealing hundreds of thousands of dollars in incentives. Two of the stores sold in 2022 and 2023, but the third sale fell through when the prospective buyer caught wind of O’Brien’s allegedly shady business practices.

Dealers 104

Dealers Kia New Hampshire Sale 104

Green Car Congress

JUNE 4, 2021

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. Total F-Series truck sales through May were up 4.7% on sales of 316,359 trucks.

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F-150 Ford Sale Escape 315

Green Fleet Magazine

SEPTEMBER 23, 2024

Used vehicle sales increased during August to the highest level since October 2021, but U.S. auto dealers still see the current used-vehicle market as poor.

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Sale Vehicles Price Dealers 52

CleanTechnica EVs

JANUARY 11, 2024

Some recent Reddit posts show us that there are some problems at used and new auto dealers. continued] The post Many Dealers Aren’t Offering The Point-Of-Sale Rebate, May Miss Key Deadline For 2023 Sales appeared first on CleanTechnica. Not only are.

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Dealers Sale Auto Chevrolet 90

Green Car Congress

DECEMBER 17, 2021

With sales and reservations for the all-electric ID.4 In addition, Volkswagen has launched a dedicated EV Technician Retention Program to support dealers to boost training, incentivize their highly skilled technicians, and recruit new talent equipped at addressing the EV shift. Volkswagen of America, Inc., To date, the ID.4

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Dealers America DC All-Electric 366

The Truth About Cars

AUGUST 14, 2024

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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Dealers Nissan Market PHEV 95

CleanTechnica EVs

JULY 13, 2024

Much has been said in recent months about supposedly slumping EV sales growth. As we’ve pointed out on a number of occasions now, EV sales are actually soaring at many automakers in the USA, including at Ford, GM, Rivian, Audi, BMW, and several others. However, it seems there’s a brewing.

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USA Dealers Audi Cars 117

Teslarati

DECEMBER 3, 2022

Ford is now facing pushback from dealers in numerous states over its EV sales plan. Ford is revamping its EV sales model , and the first step in doing so is its “EV Certified” program. This certification is required for any dealer selling Ford electric vehicles. million into EV charging infrastructure.

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Dealers Ford Sale Connecticut 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. One of the most substantial hurdles facing traditional automakers currently is their sales systems. The new report published by Automotive News included the sales of three top D2C carmakers, Tesla, Rivian, and Lucid.

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Dealers California Sale Tesla 99

Baua Electric

SEPTEMBER 7, 2024

It’s been a big week for Bollinger and its Class 4 commercial EVs as the upstart electric box truck brand picked up twenty new TEC dealers and scored a strategic solution partnership with Texas consulting firm, TCD. Texas-sized collaboration Source: Bollinger Motors. SOURCE | IMAGES : Bollinger Motors , via IBN.

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Dealers Commercial Sale Iowa 52

CleanTechnica EVs

MARCH 22, 2023

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.

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Dealers Ford Sale Electric Cars 116

CleanTechnica EVs

MARCH 10, 2024

Car dealers have been an issue for electric vehicle sales during this whole modern electric vehicle era. continued] The post Surprise, Surprise: Car Dealers Say Biden Moving To Fast On EVs — Dragging Their Feet Again appeared first on CleanTechnica. One of the.

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Dealers Cars Electric Vehicles Sale 111

Baua Electric

SEPTEMBER 26, 2024

Including retail and non-retail transactions, total US new-vehicle sales for September 2024 are projected to reach 1,164,900 units. Comparing the same sales volume without adjusting for the number of selling days translates to a drop of 13.2% Retail sales of new vehicles are forecast to reach 960,500 units in September.

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Sale Vehicles Price Financing 52

Electric Driver

NOVEMBER 16, 2023

The Sierra Club recently conducted a survey revealing that a staggering 66 percent of dealerships had no electric vehicles (EVs) available for sale. This raises the important question: what motivates some car dealers […] The post Why Some Car Dealers Resist Selling Electric Vehicles appeared first on Electric Driver.

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Dealers Electric Vehicles Sierra Vehicles 75

Teslarati

SEPTEMBER 19, 2024

Volkswagen has issued a stop sale for the ID.4 4 all-electric crossover amidst the company’s efforts to address an issue with the vehicle’s faulty door handles. The production of the vehicle at the company’s Chattanooga, TN plant in the United States will also be paused. 4 vehicles. 4 vehicles.

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Sale Production Tennessee Water 100

Electrek

JANUARY 13, 2023

Ford gave its dealers, including Lincoln, an ultimatum to either buy in and go all-in on selling electric vehicles or wait until 2027 as part of its voluntary Model-e EV program. Although a little over half of Lincoln dealers opted in, they account for the great majority of the brand’s sales.

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Dealers Sale Ford Buy 101

The Truth About Cars

AUGUST 15, 2024

That’s the news coming out of the automaker’s recent dealer meeting in Las Vegas, according to attendees who shared details with Automotive News. Chevy discontinued the Camaro, and Dodge no longer sells the Challenger or Charger, leaving Ford with the only pony car on sale.

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Dealers Ford Las Vegas Transit Connect 105

Teslarati

MARCH 20, 2023

Ford dealers are beginning to push back and drop out of the Model e electric vehicle sales program. million and would give dealers two DC fast chargers, priority in replenishing EV models, more exposure on Ford’s company website, and demo units, which could be sold. It has not gone according to plan for some.

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Dealers Ford North Carolina Sale 94

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. Now, Tesla is again facing threats from legislatures as two new bills could derail the company’s sales system in Florida. ” However, this could change.

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Florida Dealers Sale Tesla 79

Green Car Congress

SEPTEMBER 26, 2020

The California Center for Jobs & The Economy has released an updated report ( earlier post ) on the progress of ZEV sales in the state during the first half of 2020, drawing on sales data from the California New Car Dealers Association (CNCDA). Sales nationally were down 23.5%. million by 2025. in H1 2019 to 5.8%

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California Sale PHEV 2019 448

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. CEO of Mercedes-Benz U.S.,

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Mercedes Dealers Sale Store 143

Teslarati

AUGUST 26, 2024

appeals court, with an appeals court this week ruling that the company can legally dispute Louisiana’s ban on direct vehicle sales. Circuit Court of Appeals sided with Tesla on its ability to sue the state over the direct-sales ban , according to a report from Reuters. Tesla has been handed a win by a U.S. The post U.S.

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Louisiana Sale Tesla Louisville 101

Baua Electric

FEBRUARY 2, 2024

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. billion on EV infrastructure.

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Dealers Tax Credit Tax Mazda 97

The Truth About Cars

SEPTEMBER 10, 2024

Despite market analysts forecasting that August would offer a sizable boost in automotive sales, aided by the fact that Labor Day weekend partially overlaps with the end of the month, customers failed to come out in droves to buy a new vehicle. Consider this an addendum to our earlier coverage of the declining dealer market sentiment.

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Sale Auto Dealers Market 105

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

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

MARCH 4, 2021

Sales of Ford’s Mustang Mach-E totaled 3,739 vehicles in its first full month on the market. With the fully electric Mustang Mach-E, Ford F-150 PowerBoost Hybrid and Escape and Explorer hybrids, overall electrified vehicle sales rose 56.1% year-on-year to a new February record of 9,267 vehicles sold.

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F-150 Sale Escape Ford 321

Baua Electric

SEPTEMBER 25, 2024

The electric vehicles will be sold by local dealer Loxea, which sells Toyota and other gas-powered models. BYD launches in Kenya with three new EVs Leading dealer Loxea announced the launch of BYD’s EVs on Wednesday at the Toyota-CFAO Mobility Kenya Limited Showroom. FTC: We use income earning auto affiliate links.

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Kenya BYD Dealers Toyota 52

CleanTechnica EVs

JUNE 19, 2023

Car dealers in Florida have rammed through a new law protecting them from manufacturer rules for electric cars, such as not adding surcharges to MSRP.

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Florida Dealers Cars Sale 98

Teslarati

FEBRUARY 29, 2024

VinFast signed its first dealer sales agreement with Bahwan Automobiles Trading LLC (BAT) in the Middle East. Under the agreement, VinFast electric vehicles (EVs) will be distributed in the Oman market through its official dealer, BAT. It also plans to establish service centers for VinFast EV owners.

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Dealers Oman Vietnam Automobile 71

Teslarati

SEPTEMBER 10, 2022

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.”

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Dealers Ford Price North America 145

The Truth About Cars

MAY 1, 2024

Ford has announced its new dealership training platform for the United States , noting that it will utilize artificial intelligence to better familiarize sales teams with product knowledge, corporate history, while likewise making them better at engaging with customers. Image: Ford] Become a& TTAC& insider.

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Dealers Ford Universal United States 104