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 93

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. With 18 stores in seven states and its corporate dealers in California, VinFast now has a surprisingly robust U.S. The company recently announced an expansion to its U.S.

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Dealers North Carolina Tax Credit Vietnam 70

The Truth About Cars

APRIL 22, 2024

Dealers are often the first group to sound concerns when something changes in the auto industry, whether they’re justified in their complaints or not. The group placed an ad in the April 15 issue of Automotive News and has collected support from all 50 state and 21 metro-area dealer associations.

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Dealers Dodge Legal Cars 82

Electrek

FEBRUARY 21, 2023

When one carmaker controls over 60% of the EV market, any price changes can reverberate through the industry. In this case, Tesla’s steep price cuts combined with gaining access to federal tax credits have sent shockwaves through the industry.

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Dealers Price Tax Credit Manufacturer 74

Green Car Congress

JANUARY 12, 2021

Prices for new light trucks—pickups, vans, and sport utility vehicles (SUVs)— averaged 43% more than new cars in 2019. From 1990 to 1995, cars had a higher average price than light trucks. Price data are adjusted for inflation (constant 2019 dollars). Light trucks include classes 1-3. Sources: Cars – U.S.

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2019 Light Price Financing 243

Baua Electric

JANUARY 4, 2024

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. Fisker Inc. Fisker Inc. ($FSR) Source: Fisker Inc. Fisker Inc.

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Fisker Dealers Sale Price 52

The Truth About Cars

FEBRUARY 1, 2024

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

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Dealers Auto Durango Tax Credit 104

Electrek

AUGUST 2, 2022

In-stock dealer inventories of EVs are sparse at best, if not completely decimated, despite a lofty average transaction price north of $66,000. But don’t lose hope – there are relative bargains that price below $66,000, sell at close to MSRP, and are available for delivery sooner than later. So is everyone else, apparently.

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Price Market Dealers Buy 98

CleanTechnica EVs

APRIL 21, 2023

The used car market plays a crucial role in providing affordable vehicles for people, especially those who can’t afford ever-rising new car prices. While buying a new car can be a dream for many, it is often unaffordable due to the high price tag and the insane dealer markups we often see these days.

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Price Affordable Dealers Buy 119

Teslarati

MARCH 29, 2024

BYD set lower sales growth goals for 2024, warning of a looming price war and overcapacity in Mainland China’s electric vehicle (EV) sector. Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley The top EV manufacturer forecasts for 2024 are hopeful. million units. million units. year-over-year.

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BYD Price Sale Vietnam 101

The Truth About Cars

JUNE 2, 2023

The last few years have been crazy for car shoppers, with inventory shortages and harsh price gouging running rampant. That said, the market seems to be healing, and some dealers now find themselves with too much inventory on hand. & The Jeep Renegade sits on the showroom floor the longest, with 753 days of supply.

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Dealers Jeep Silverado Kia 93

Baua Electric

JANUARY 17, 2024

Rad Power Bikes , one of the leading electric bicycle companies in the US, has just slashed prices on all of its e-bikes. The company made the announcement today, effectively ushering in many of the best holiday sales from late last year as new permanent pricing for 2024. FTC: We use income earning auto affiliate links.

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All-Electric Price Power Powered 98

CN EV Post

APRIL 6, 2023

Many automakers in China launched rare price wars in March to try to boost sales. The Vehicle Inventory Alert Index for China's auto market was 62.4 More than 60 percent of dealers said they met less than 80 percent of their sales targets in the first quarter. But these moves do not seem to have achieved the results they wanted.

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Auto China Price Dealers 133

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

CleanTechnica EVs

AUGUST 20, 2023

automotive dealerships are still grappling with electric vehicle prices and inventory, following market leader Tesla’s many price reductions throughout the year.

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Price Dealers Affordable Standards 84

The Truth About Cars

MARCH 18, 2024

As we approach the end of the first quarter of 2024, Tesla is pushing the Model Y with a message that prices will increase on April 1 in hopes that the threat of higher purchase price s will drive buyers to act in the next two weeks. Even so, the company will likely remain in its dominant position atop the EV market in the U.S.

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Price Sale Tesla Purchase 105

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

CN EV Post

NOVEMBER 15, 2023

New change should bring the shift of entire marketing strategy. Dealer would have the power of managing sale staff, but most importantly, dealer would have pricing flexibility. But on the absolute dollar amount, I don't see NIO House as much of a burden. NIO is shifting focus from existing owner to non-owner.

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Dealers Price Sale Market 72

EV Central

APRIL 16, 2024

While demand growth for EVs outstrips traditional petrol and diesel vehicles, buyers still have the upper hand in an Australian used electric vehicle market dominated by Tesla. That’s the findings from the Automotive Insights Report analysing March 2024 used car sales compiled by AutoGrab and the Australian Automotive Dealer Association.

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Australia Market Sale Tesla 90

Green Car Congress

JULY 18, 2023

Ford is cutting the prices on its entire F150 Lightning electric pickup truck lineup, with reductions ranging from $9,979 for the Pro to $6,079 for the top-of-the-line Platinum Extended Range. Customers will now have greater availability of their built-to-order truck as early as October at an MSRP closer to initial Lightning pricing.

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F-150 Ford Price Extended Range 150

Green Car Congress

JANUARY 12, 2020

In August 2019, CRU reported on the steady slide in prices that has occurred in the lithium market since the beginning of the year. Since then, prices have continued to fall, CRU notes. Lithium hydroxide has fallen by 30% to RMB 74,500/t, according to CRU’s price assessments. The rest of the lithium market is fragmented.

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Price China Sale 2019 243

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 71

Green Car Reports

SEPTEMBER 30, 2022

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

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Hyundai Price Production Dealers 132

Green Car Congress

MAY 4, 2021

Along with the registration site, the E-Transit electric vans have updated pricing, with a targeted starting MSRP of $43,295 for the cutaway—lower than originally announced—to $52,690 for the high-roof extended-wheelbase cargo van. No deposit or purchase commitment is required.

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Commercial Ford Price North America 418

Teslarati

FEBRUARY 7, 2022

Ford held its fourth-quarter and full-year earnings call last week, where CEO Jim Farley addressed, among other things, the price markups dealers were placing on electric vehicles. . Johnson estimated that Ford was leaving about $1,850 of profit in dealers’ hand for about $3.6 But it’s inefficiency no doubt about it.”

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Dealers Insight Ford F-150 98

The Truth About Cars

NOVEMBER 22, 2023

The jumbo Nissan Armada has a higher entry-level price point for 2024 compared to last year – but it would be tough to solely blame inflation for this cost hike. That’s about five grand higher than what was proffered for the S trim, a model which likely existed only in the imaginations of PR teams and marketers, anyways.

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Nissan Price Dealers Available 97

The Truth About Cars

NOVEMBER 8, 2023

Wholesale used-vehicle prices reportedly saw a modest dip through the end of last month. Cox Automotive’s Manheim Index, which tracks wholesale used-vehicle pricing for Manheim auctions, only dropped 2.3 Periods of more intense buying by dealers can drive wholesale price appreciation. percent in October.

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Price Cars Dealers Supplies 87

Teslarati

APRIL 12, 2023

Tesla’s pricing strategy comes down to one key difference from its competitors, and as the automaker recently cut pricing for the fifth time this year, the method to its madness is being further examined. It is both car maker and car dealer. Dealer-related discounts rarely rise to become investor-level news.”

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Price Dealers Tesla Buy 102

Green Car Reports

OCTOBER 12, 2022

Chinese automaker BYD last week detailed plans for its European launch, which will include three EVs and encompass most of the continent's largest markets. A dealer group in August announced plans to sell BYD cars in Sweden and Germany, and the automaker has now confirmed plans to launch in those markets as well as Norway, Denmark, the.

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BYD Denmark Europe Norway 157

Electric Cars Report

FEBRUARY 23, 2024

The Tiguan is currently the most successful Volkswagen with annual production of well over half a million units – now the new Tiguan is coming to the VW dealers. To coincide with its European market launch, the plug-in hybrid drives (eHybrid) are now available with two outputs (150 kW and 200 kW).

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Price Dealers Plug-in Plug 52

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. market cars got leather or MB-Tex inside.

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Mercedes Market Colorado United States 84

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

Teslarati

AUGUST 4, 2023

None of that changed, but the most important metric, price, did. GM confirmed on Wednesday that the Celestiq is now going to start at $340,000 before any customization is done by the buyer, making it one of the loftiest price tags for a vehicle in the automotive sector, let alone the EV portion of that massive category.

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Cadillac Price General Motors GM 98

Baua Electric

MARCH 14, 2024

State-owned oil marketing companies will cut the prices of petrol and diesel across the country by Rs 2 from March 15, 6 am, as per social media posts by the Ministry of Petroleum and Natural Gas and Minister Hardeep Singh Puri on X today. New prices would be effective from 15th March 2024, 06:00 AM,” the ministry said on X. “By

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Petrol Diesel Price Oil 52

The Truth About Cars

SEPTEMBER 26, 2023

Pricing for the 2024 Toyota GR Corolla has dropped. But that probably won’t matter much due to the fact that the model will undoubtedly be subjected to horrid dealer markups. Pricing is only pitching upward by a few hundred bucks. All prices include destination, FYI. Thus far, this hasn’t resulted in a discount.

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Toyota Parts Price Dealers 101

Teslarati

AUGUST 2, 2022

According to FOX Business , a letter sent from GM North America President Steve Carlisle to dealers outlines that bumper-to-bumper, powertrain/EV propulsion system, sheet metal, tire, and accessory warranties would be removed from vehicles that are resold too quickly after the initial sale.

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GM Price Las Vegas Hummer 97

Electric Vehicles India

APRIL 1, 2023

lakh India’s electric vehicle market is booming with the launch of the country’s first motorcycle with a 7-inch Android display, the Odysse VADER Electric Bike. Despite its technological, innovative, and affordable price tag, this motorcycle offers sustainable mobility for all individuals at an affordable price.

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Electric Vehicles Market Motorcycles India 87