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Fisker scraps direct sales and turns to auto dealers for sales

Teslarati

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. Fisker wants auto dealers to sell the company’s all-electric Ocean crossover.

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Thousands of auto dealers sign up to offer new on-the-spot tax credit

Electrek

New year, new rules: As of January 1, things are about to get a little easier when it comes to getting your federal tax credit for buying an electric vehicle. And auto dealers are signing up in droves with the IRS. more… The post Thousands of auto dealers sign up to offer new on-the-spot tax credit appeared first on Electrek.

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Survey Shows Auto Dealers Still Annoyed With Biden EV Strategy

The Truth About Cars

According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. As for dealers, there’s some amount of disagreement as to what’s holding EVs back. That issue was exacerbated by provisions (e.g.&

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Car Dealers to President Biden: ‘enthusiasm has stalled’ for EVs

Teslarati

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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FTC Launches “Combating Auto Retail Scams” Rule

The Truth About Cars

The Federal Trade Commission (FTC) has announced the finalization of the new Combating Auto Retail Scams (CARS) rule designed to prevent auto dealers from utilizing bait-and-switch tactics and hidden junk fees. If consumers see that a dealer is complying with the CARS Rule, it adds a measure of confidence.

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Florida Governor Ron DeSantis Signs Bill Blocking Most Direct-to-Consumer Auto Sales

The Truth About Cars

Dealer franchise laws are controversial at best and downright divisive in most cases, but they remain a significant force in the automotive industry despite the political noise surrounding them. Dealer franchise laws prevent that in most cases. & [Image: Hunter Crenian via Shutterstock] Become a& TTAC& insider.

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Dealers Finally Have EV Inventory But Now Lack Buyers

The Truth About Cars

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.

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