The Truth About Cars

APRIL 24, 2024

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. The company recently announced an expansion to its U.S.

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Dealers North Carolina Tax Credit Vietnam 98

Baua Electric

MAY 21, 2024

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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Dealers Ford F-150 IDEA 52

Baua Electric

MAY 24, 2024

With changes expected to Ford’s electric vehicle certification program, all Ford dealers will likely be able to sell EVs. Ford is reportedly preparing to open the program amid feedback from its dealers. Ford already eased requirements last year due to “changes in the market.”

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Dealers Ford F-150 Price 52

Teslarati

DECEMBER 21, 2023

This means that about half of Ford dealers have opted to sell just combustion-powered and hybrid cars this coming 2024. Last year, CEO Jim Farley noted that Ford had secured commitments from about two out of three dealers for the company’s “Model e” program. He also noted that some dealers withdrew from the Model e program.

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Dealers Ford Buick Hybrid 114

The Truth About Cars

FEBRUARY 1, 2024

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. Others likewise said that it should be the market driving EV sales, not pressure from the government.&

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Dealers Auto Durango Tax Credit 105

The Truth About Cars

AUGUST 14, 2023

Over the weekend, your author happened upon a rural Ford dealership seemingly frozen in time, still using signage from past decades and proudly eschewing whatever cold corporate design is currently being foisted upon dealer principals by The Suits in Dearborn. It was neat to see a store embrace its heritage. Texas, ya’ll.

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San Antonio Dealers Hyundai Google 98

Teslarati

FEBRUARY 6, 2024

Volkswagen is suing a German car dealer for importing the China-exclusive ID.6 In 2022, German car dealer Gregory Brudny offered the Volkswagen ID.6 6 EV is produced in China by the FAW-VW joint venture and is meant to be sold exclusively in the Chinese car market. The post Volkswagen sues car dealer for importing ID.6

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Dealers Germany Cars China 104

The Truth About Cars

SEPTEMBER 12, 2023

Toyota, whose Tacoma has led its segment for a while now, is hearing from its dealers that it’s time to act with a competing smaller pickup. Automotive News reported that Toyota dealers are pressuring the automaker to retake the compact truck crown it established in the U.S. back in the 1970s.

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Dealers Toyota Mexico Ford 98

Baua Electric

MAY 20, 2024

Launched as a joint venture between Toyota Group and Tier 1 supplier Hexagon Purus , the new Tern brand of heavy duty electric trucks announced Hino Trucks as its exclusive US distributor. My guess: as soon as Toyota has a viable BEV on the market , they’ll “suddenly” realize that BEVs were the way to go all along.

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Dealers Toyota Las Vegas Electric 52

Teslarati

MAY 15, 2023

A new report finds that Tesla accounted for roughly $700,000 in lost gross profit per dealer in California during 2022. Reliant on the dealership model , Tesla has proved that legacy automakers are less profitable and slower to react to market trends. Specifically, the 193,707 D2C EV sales, of which 97.1%

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Dealers California Sale Tesla 99

Electrek

NOVEMBER 20, 2023

Following “changes in the market,” Ford is easing some aspects of its EV dealer program. more… The post Ford caves on EV dealer program and will cut charger requirements appeared first on Electrek. The changes involve reducing the number of required chargers and cutting training costs.

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Dealers Ford Market 100

Electrek

JANUARY 29, 2024

Hyundai dealerships are modernizing as the brand looks to build upon its growth in the EV market this year. Hyundai’s IONIQ 5 is already a top seller at some dealers. With new electric models rolling out, like the three-row IONIQ 7 SUV, Hyundai has the “whole gamut covered.”

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Dealers Hyundai SUV Building 127

The Truth About Cars

JUNE 2, 2023

That said, the market seems to be healing, and some dealers now find themselves with too much inventory on hand. CarEdge recently released a report on the vehicles that sit on dealers’ lots the longest, and one Jeep model shows more than two years of supply.& & [Image: Jeep] Become a& TTAC& insider.

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Dealers Jeep Silverado Kia 98

Baua Electric

MARCH 12, 2024

Vehicle-makers are establishing certification programs to make sure their dealers are prepared to provide a good experience to their customers as they make the transition to EVs. The Freightliner dealer network plans to have 100 dealer locations certified by 2025. We see it as our responsibility to support them on their journey.

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Dealers Charging North America USA 52

Green Car Reports

MAY 17, 2022

The Volkswagen Group kept dealers out of the loop ahead of the recent announcement of its Scout EV brand, Automotive News reported Monday. VW announced the Scout brand May 11, confirming plans for a North American-market electric pickup truck and SUV under a separate brand structure.

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Dealers SUV Sale International 148

Electrek

OCTOBER 18, 2023

The next-generation BMW 5 Series is entering market availability globally, including the new i5 EV. more… The post BMW i5 will arrive at US dealers starting this month appeared first on Electrek. The US will see the i5 Sedan arrive for sale in just a matter of weeks, before October’s end.

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Dealers BMW For Sale Available 108

Baua Electric

APRIL 24, 2024

The additions will give the company 18 franchised dealerships in seven states—North Carolina, New York, Texas, Florida, Kansas, Connecticut, and Kentucky—since the start of a pivot to a dealer model last year. That’s on top of 15 company-owned stores and service centers in California—the nation’s largest EV market.

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Dealers North Carolina Kansas Connecticut 52

Teslarati

JUNE 7, 2023

Volkswagen of America CEO Pablo Di Si warned dealers ID. The VW of America CEO revealed discussions with dealers about the ID. “We need to find a fair way … for the consumer and the dealer — there’s no overpricing, that the system doesn’t crash. Di Si said he wants dealers to make money on the VW ID.

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Dealers America North America Price 98

Baua Electric

APRIL 15, 2024

California-based EV startup Fisker signed a new dealer in Miami and several in Europe as it fights to turn things around. After announcing massive price cuts on its Ocean electric SUV last month, Fisker looks to grow its dealer network. Fisker told Automotive News it has received a large number of leads following the price cuts.

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Fisker Dealers Europe Miami 52

The Truth About Cars

JUNE 20, 2023

After weathering pandemic-related shutdowns, chip shortages, and barren lots, some dealers are complaining our nation’s rail system is suddenly no longer up to the task of delivering new cars. A few are saying they have a point, whilst others muse it is a bit of karma for three years of price gouging and “additional dealer markups”.

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Dealers Karma Mexico Price 96

Baua Electric

MARCH 5, 2024

Photo: Daimler Trucks North America Daimler Truck North America just launched a dealer certification program to ensure a “world-class” experience for its electric truck buyers. The goal is to certify 100 electric truck dealer locations by 2025. However, the certification is optional for dealerships.) Get started here. –ad*

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North America Dealers America Solar 52

Baua Electric

MAY 20, 2024

Tata Motors’ subsidiaries Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM) have joined hands with Bajaj Finance, to extend supply chain finance solutions to its passenger and electric vehicle dealers. Dhiman Gupta, Chief Financial Officer, Tata Passenger Electric Mobility Ltd.

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Financing Dealers Motor Motors 40

Baua Electric

MAY 28, 2024

This includes providing the names of dealers, dates of launch, and current stock availability. Kavinder Khurana, Chairman of Tesla Power India, had earlier told the court that it would not be manufacturing or marketing its EVs under the Tesla brand. in a trademark infringement suit against Tesla Power India.

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India Dealers Tesla Auto 52

Electrek

NOVEMBER 7, 2023

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.

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Toyota Auto Market Dealers 143

Baua Electric

FEBRUARY 28, 2024

Today, VinFast and a local dealer network in the Middle East signed an agreement to bring the former’s EVs to the region. Today, VinFast and a local dealer network in the Middle East signed an agreement to bring the former’s EVs to the region. The Vietnamese automaker sees Oman as a new market that promises plenty of projected growth.

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Dealers Oman United Arab Emirates Global 52

Teslarati

DECEMBER 22, 2022

Buick dealers in rural areas are moving in favor of buyouts from General Motors instead of shifting toward EV adoption, dealerships said. GM is not the only company attempting to push dealers to transition to predominant EV sales over the next decade. In September , GM said it would offer Buick dealerships in the U.S.

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Buick Dealers GM Detroit 98

The Truth About Cars

MARCH 11, 2024

Of all the European-market new cars that flooded into the United States during the wild gray-market years of the early and middle 1980s , the Mercedes-Benz W126 S-Class appears to have been the most popular. I've also found (what was almost certainly) a gray-market W108 proto-S-Class. The gray-market party was over.

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Mercedes Market Colorado United States 105

Baua Electric

JANUARY 4, 2024

has announced a new EV sales strategy that remains asset-light but can help boost sales of its flagship Ocean model. This morning, Fisker shared plans to adopt a network of approximately 100 dealer partners in addition to its direct sales model. Fisker Inc. Fisker Inc. ($FSR) Source: Fisker Inc. Fisker Inc.

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Fisker Dealers Sale Price 52

CN EV Post

MARCH 9, 2023

A rare price stampede is taking place in the Chinese auto market. In the past two days, rumors have surfaced that BMW dealers are offering massive subsidies for the i3 in China, and that consumers who pay full cash for the car can even get the model for RMB 120,000 to 180,000, less than half the retail price.

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Dealers BMW Price China 116

Green Car Reports

SEPTEMBER 10, 2019

While Nissan beat the market with the launch of the Leaf EV a decade ago, it has lagged other automakers in introducing new, more practical EVs to meet customer demands for more versatile cars. According to Automotive News, Nissan has told its dealers that the new.

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Dealers Nissan Electric Electrical 144

Teslarati

JANUARY 8, 2024

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. Credit: Cox Automotive Cox points to Tesla’s price cuts, incentives, and increased options for affordable EVs hitting the market as reasons for the downward trend.

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Price Market Tesla Tax Credit 120

Clean Fleet Report

NOVEMBER 7, 2023

News: 2025 Toyota Crown SUV The Crown Lifted-Sedan Gets a Stablemate The Crown SUV roofline When Toyota introduced the 2023 Crown, we were curious why the company would reintroduce the Crown name with a sedan in a market dominated by SUVs. market for 63 years, but returned with two hybrid engine options.

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Toyota SUV Los Angeles Japan 80

Baua Electric

JANUARY 26, 2024

Ford dealers can now use the 2023 Ford Mustang Mach-E as part of its rental car programs. According to online auto research firm CarsDirect , the 2023 Ford Mustang Mach-E is now included in Ford dealer rental programs. In addition, Ford said the move “provides an opportunity for non Model-e dealers to have EV loaners available.”

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Dealers Ford Cars SUV 52

Baua Electric

JANUARY 29, 2024

Hyundai dealerships are modernizing as the brand looks to build upon its growth in the EV market this year. Hyundai’s IONIQ 5 is already a top seller at some dealers. With new electric models rolling out, like the three-row IONIQ 7 SUV, Hyundai has the “whole gamut covered.”

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Dealers Hyundai GM Kia 52

Green Car Reports

SEPTEMBER 30, 2022

The 2023 Hyundai Ioniq 5 gets a price hike, as dealer markups continue. And where can you buy a new electric car for about $10,000? The Indian automaker Tata has launched a $10,000 electric car for its home market. Lordstown is (slowly) making production Endurance electric trucks. This and more, here at Green Car Reports.

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Hyundai Price Production Dealers 152

Teslarati

MARCH 7, 2022

Keith McCluskey, the Chevrolet National Dealer Council chairman, has his sights aimed high as the veteran automaker increases its efforts to break into the growing electric vehicle sector. The results were discouraging, as dealers from companies like Ford and GM proved dismissive if not hostile to electric cars.

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Dealers Chevrolet Silverado Sierra 98

Electrek

FEBRUARY 21, 2023

When one carmaker controls over 60% of the EV market, any price changes can reverberate through the industry. Let’s take a look at the first price drops from legacy automakers… more… The post Tesla price cuts spur dealer discounts and manufacturer incentives on other EVs appeared first on Electrek.

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Dealers Price Tax Credit Manufacturer 93