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Fisker scraps direct sales and turns to auto dealers for sales

Teslarati

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. He plans to attend the National Automobile Dealers Association convention and make a pitch to the auto dealers.

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VinFast signs first dealer agreement in the Middle East

Teslarati

VinFast signed its first dealer sales agreement with Bahwan Automobiles Trading LLC (BAT) in the Middle East. Under the agreement, VinFast electric vehicles (EVs) will be distributed in the Oman market through its official dealer, BAT. If you have any tips, contact me at maria@teslarati.com or via X @Writer_01001101.

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Survey Shows Auto Dealers Still Annoyed With Biden EV Strategy

The Truth About Cars

A recent survey, conducted by Automotive News , has indicated that automotive dealerships are still broadly dissatisfied with the Biden administration’s strategy to force the United States to pivot toward all-electric vehicles. As for dealers, there’s some amount of disagreement as to what’s holding EVs back.

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Report: Dealers Worried About Getting EV Refunds From the Government

The Truth About Cars

According to a report from Automotive News , dealers are getting worked up about the prospect of not receiving money swiftly enough — mimicking some of the hardships endured during the Cash-for-Clunkers period. Treasury Department said participating dealers will be able to register via an online IRS portal in the next few months.

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VinFast’s (VFS) global EV dealer network grows following new agreement in Middle East

Baua Electric

Today, VinFast and a local dealer network in the Middle East signed an agreement to bring the former’s EVs to the region. VinFast it taking a unique approach to its business in that it is simultaneously working to balance revenue growth through cost optimization while trying to manufacture and deliver 100,000 EVs.

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Lucid Motors, Rivian sued by Illinois car dealers for direct sales

Teslarati

Lucid Motors and Rivian were sued by the Illinois Automobile Dealers Association, the Chicago Automobile Trade Association, and some individual franchised auto dealerships in the state for selling vehicles directly to consumers. Sander represents more than 700 auto dealers that operate over 2,300 franchises across the state.

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Visitor remark: 5 elements in remodeling the automobile provide chain

Baua Electric

The automobile trade has passed through important disruption in recent times. Developments in electrical mobility, self reliant answers, automobile retail and automobile connectivity have propelled the field ahead and left enterprises and customers homogeneous excited for what comes then.