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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.

Dealers 98
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Nikkei: India passes Japan to become world’s No. 3 auto market in 2022

Green Car Congress

from 2021, according to data from the Japan Automobile Dealers Association and the Japan Light Motor Vehicle and Motorcycle Association. In 2021, China continued to lead the global auto market, with 26.27 Vehicles powered by gasoline, including hybrid vehicles, accounted for most of the new autos sold in India last year.

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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. Though EV sales seem to be dragging, hybrids and plug-in hybrids are hot commodities.

Dealers 98
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Ford asks dealers to pause EV investments with changes to its EV program coming

Baua Electric

With changes to its EV certification program coming soon, Ford is asking dealers to pause investments. Ford plans to update dealers on new changes amid a “rapidly changing EV market.” Ford spokesperson Marty Gunsberg confirmed this past December that several dealers have opted out of the program.

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Mercedes-Benz EQ models have been slow to sell, dealers report

Teslarati

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. Although this has changed, he says that it still takes time for the EV to reach dealers. marking a 284-percent increase year over year.

Mercedes 143
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Fisker pivots to hybrid strategy of direct sales plus dealer partners offering ‘no haggle pricing’

Baua Electric

This morning, Fisker shared plans to adopt a network of approximately 100 dealer partners in addition to its direct sales model. While we have yet to catch wind of any OEM partnerships, Fisker has confirmed a new network of dealer partners across North America and Europe. FTC: We use income earning auto affiliate links.

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