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The Driven EV News
MARCH 30, 2023
After originally planning to implement new vehicle pollution standards in July, the Chinese government appears to have capitulated to the demands of auto dealers who are swamped with non-compliant vehicles. The post China delays new pollution standard to appease overstocked car dealers appeared first on The Driven.
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.
CN EV Post
MARCH 12, 2023
Analysts believe the impact of the transition will not last long and will have less of an impact than the last switch in standards in 2019. The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight.
The Truth About Cars
DECEMBER 13, 2023
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.
CN EV Post
MARCH 29, 2023
Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor. The standard is being implemented in two phases, with the 6a standard already taking effect on July 1, 2020, and the 6b standard coming into effect on July 1, 2023.
CN EV Post
APRIL 6, 2023
With consumers in a wait-and-see mood, orders and transaction rates did not increase significantly, and auto demand recovered less than expected, the CADA said. However, orders and transaction rates did not increase significantly as consumers were in a wait-and-see mood, and auto consumer demand did not recover as expected, the CADA said.
Teslarati
OCTOBER 21, 2023
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. One person who runs a Mercedes store said he currently has over six months’ worth of EVs and only a 50-day supply of the company’s gas cars.
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