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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. In September 2023, Fisker shared that it ramped production of the all-electric Ocean crossover SUV to 300 units per day.

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GM Dealers Want Hybrids Instead of More EVs

The Truth About Cars

Cadillac and Buick dealers accepted buyouts in large numbers to avoid making investments to sell EVS, and now the automaker’s dealers are pushing it to develop more hybrids instead of releasing new electric models. The company understands its dealers’ concerns but has not detailed plans to offer such products.

Dealers 109
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John Deere signs partnership to sell EGO’s 70+ battery-electric products across dealer network

Electrek

John Deere has announced the signing of a strategic partnership with EGO and its parent company Chervon. Under the agreement, EGO’s lineup of over 70 battery-powered lawn care products will soon become available at John Deere dealers.

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Report: Ford Vows Better Dealer Engagement, NADA Attendees Vexed

The Truth About Cars

Last week, Ford CEO Jim Farley asked a group of dealers for some open and honest feedback while promising to spend the next few weeks visiting showrooms. However, the latest from the North American Dealers Association (NADA) meeting makes it sound like the relationship may still be dicey. This isn’t exclusively a Ford problem, however.

Dealers 88
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Ford Launches New Dealer Training Program With A.I. Integration

The Truth About Cars

Ford has announced its new dealership training platform for the United States , noting that it will utilize artificial intelligence to better familiarize sales teams with product knowledge, corporate history, while likewise making them better at engaging with customers. The video is then graded by A.I.

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VinFast Announces New U.S. Dealers Across Several States

The Truth About Cars

The company recently announced an expansion to its U.S. dealer network , giving it stores in several new areas and growing its footprint to 18 dealerships in seven states. VinFast added 12 stores, with new dealerships in Connecticut and Kentucky, five new locations in Florida, and four in Texas. is the VF 8 SUV.

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Nikola Tre BEV production pauses as company posts big Q1 loss

Teslarati

NASDAQ: NKLA ) said it would pause production of the Tre BEV after it posted a big loss for the first quarter of 2023. Nikola said it produced 63 units of the Tre BEV in Q1, with 31 making their way to dealers. After we resume production in Coolidge, the battery electric Tre will remain in our lineup as a build-to-order product.”