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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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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. still used production quotas.

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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. billion loss last year.

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Toyota announces nationwide dealer rollout of Tern Class 8 electric semi

Baua Electric

Another Toyota Group brand, Hino Trucks nevertheless brings a nationwide network of more than 200 heavy truck dealers (and their customers) to the new JV with Hexagon, which is specifically focused on electrifying “practical” commercial vehicle applications. Serial production for the Tern RC8 is scheduled to begin later this year.

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Auto dealers bet big on new launches, positive sentiment for car sales boost

Baua Electric

REUTERS) In the light of record sales performance of the passenger vehicle segment in India in 2023, automobile dealers are hoping for the momentum to continue in 2023. In the long term, FADA hopes the passenger vehicle segment in India will see growth with new product launches and stable market sentiments.

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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. Dimitris Psillakis, blamed slow sales on a lack of product variety and on the EV segment being so new. CEO of Mercedes-Benz U.S.,

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Toyota is being squeezed out of the world’s largest auto market as the shift to EVs heats up

Electrek

Toyota is losing out as the world’s largest auto market accelerates its shift to EVs. The Japanese automaker informed dealers that it plans to cut production in China with one of its joint ventures.

Toyota 144