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Ford wants dealers to match Tesla’s lower selling prices

Teslarati

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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China auto price war: BMW dealers offer discounts of up to $14,360 for i3

CN EV Post

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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BYD says price cuts are promotions by some dealers, not official acts

CN EV Post

The price cuts are promotions by some dealers in some areas, and BYD is not considering cutting prices at the moment, a company source said. The post BYD says price cuts are promotions by some dealers, not official acts appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Tesla direct to consumer sales bleed dealers of profit in California

Teslarati

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. What do you think of the article? Specifically, the 193,707 D2C EV sales, of which 97.1%

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Price wars fail to boost China's auto consumption

CN EV Post

Many automakers in China launched rare price wars in March to try to boost sales. China's switch to the 6b emissions standard was not the main reason for the wave of price cuts, the CADA said, adding that most dealers said their inventories of 6a-based vehicles are not high and could be cleared by the end of June. Of those, 20.5

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Ford battles with dealers over EV sales plan

Teslarati

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 What do you think of the article?

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Complainer’s Corner: Dealers Now Whinging About Rail Logistics

The Truth About Cars

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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