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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. “I went to my accounting department and asked what is the cost of selling a car? . “I went to my accounting department and asked what is the cost of selling a car?

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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.

Dealers 116
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Survey: Dealers think Biden is moving too fast on EVs

Baua Electric

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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J.D. Power Discovers Dealer Service Satisfaction Rises Amidst Extended Wait Periods

The Truth About Cars

Photo credit: Standret / Shutterstock.com The auto industry has seen a rebound in customer satisfaction with dealer service experiences this year, marking a positive shift. However, dealers are still facing challenges due to shortages in parts and labor, which have contributed to increased wait times for service appointments.

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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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Ford enables dealers to use the Mustang Mach-E as a rental car, expanding EV loaners

Baua Electric

Ford dealers can now use the 2023 Ford Mustang Mach-E as part of its rental car programs. Ford Mustang Mach-E turned into a rental car Ford’s Mustang Mach-E had a record year in 2023. According to online auto research firm CarsDirect , the 2023 Ford Mustang Mach-E is now included in Ford dealer rental programs.

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Stellantis Continues Snubbing North American Auto Shows

The Truth About Cars

Stellantis pulled out of last year’s Los Angeles Auto Show and the Specialty Equipment Market Association (SEMA) trade show , stating that it was trying to save money amid the now resolved UAW strike. Stellantis says dealers can decide if they want to make an appearance at subsequent trade events while corporate takes a pass.

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