Teslarati

APRIL 21, 2024

Tesla has dropped the prices of its electric vehicles (EVs) and its Full Self-Driving (FSD) software over the past few weeks, reigniting larger discussions about the automaker’s overall pricing strategy. “Subscription price will go up once we release FSD. . “Subscription price will go up once we release FSD.

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Price Dealers Tesla Personal 132

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

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. Though the automaker has a range of vehicle offerings in Vietnam, its only model on sale in the U.S.

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Dealers North Carolina Tax Credit Vietnam 84

Green Car Congress

JANUARY 31, 2023

With its new EV supply chain coming online, Ford says it is significantly increasing production of the Mustang Mach-E this year to help reduce customer wait times and to take advantage of streamlined costs to reduce prices across the board, making Mustang Mach-E even more accessible to customers and keeping it competitive in the marketplace.

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Ford Price Production SUV 434

CN EV Post

MARCH 9, 2023

A rare price stampede is taking place in the Chinese auto market. Image from BMW China Weibo) As a large number of car companies in China are offering huge subsidies or price cuts, BMW is offering more than 100,000 yuan ($14,360) off its all-electric model, the i3, according to local media.

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Dealers BMW Price China 138

The Truth About Cars

MARCH 18, 2024

The Tesla Model Y is a wildly popular EV on the global stage, but the automaker is still looking for ways to boost sales and keep it relevant. Without a dealer network to act as a financial buffer between it and buyers, Tesla’s numbers look worse the more vehicles it has sitting in inventory.

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Price Sale Tesla Purchase 111

Teslarati

DECEMBER 3, 2022

Ford is now facing pushback from dealers in numerous states over its EV sales plan. Ford is revamping its EV sales model , and the first step in doing so is its “EV Certified” program. This certification is required for any dealer selling Ford electric vehicles. million into EV charging infrastructure.

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Dealers Ford Sale Connecticut 98

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. One of the most substantial hurdles facing traditional automakers currently is their sales systems. The new report published by Automotive News included the sales of three top D2C carmakers, Tesla, Rivian, and Lucid.

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Dealers California Sale Tesla 99

Green Car Congress

FEBRUARY 3, 2022

Ford electrified vehicle sales in January grew almost 4 times faster than the overall electrified segment. The Mustang family of vehicles, Mustang and the all-electric Mach-E, produced sales of 8,041—up 76.3% The Mustang family of vehicles, Mustang and the all-electric Mach-E, produced sales of 8,041—up 76.3%

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Ford Sale Vehicles SUV 305

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

Teslarati

FEBRUARY 22, 2023

Tesla has become intimately familiar with the laws surrounding dealerships and auto sales throughout the United States, often putting the American upstart at odds with local government and dealerships alike. Now, Tesla is again facing threats from legislatures as two new bills could derail the company’s sales system in Florida.

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Florida Dealers Sale Tesla 87

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 for sale to customers in Germany. 6 vehicles built by FAW-VW from an authorized VW dealer in China. 6 vehicles built by FAW-VW from an authorized VW dealer in China.

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Dealers Germany Cars China 102

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. Although this marks an impressive 41.5%

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Price China Sale 2019 243

Teslarati

OCTOBER 21, 2023

Mercedes-Benz has seen the sale of its electric vehicles (EVs) increase significantly in the U.S. 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. CEO of Mercedes-Benz U.S.,

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Mercedes Dealers Sale SUV 144

The Truth About Cars

FEBRUARY 8, 2024

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.

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Dealers Ford Las Vegas Conversion 103

Baua Electric

APRIL 12, 2024

Photo: Kia Kia is paying its dealers up to $1,500 in flat payments for each EV sold in April, so buyers, there may be good prices to be had. Through April 30 , the Kia April 2024 Dealer Flat Cash Program will pay dealers $1,500 for every EV6 GT sold and $1,000 for every 2023 Kia EV6 sold. But what’s in it for you?

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Dealers Kia Solar Installation 52

The Truth About Cars

APRIL 12, 2024

New car prices are slowly returning to reality, but the universe isn’t done torturing buyers. Last year, auto insurance premiums jumped by the largest margin since the 1970s, while new car prices showed a decent decline during the same period. Image: Photo Spirit via Shutterstock] Become a& TTAC& insider.

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Price Cars Climate Change Dealers 110

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.& That issue was exacerbated by provisions (e.g.&

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Dealers Auto Durango Tax Credit 105

Green Car Congress

JUNE 4, 2021

Ford electrified vehicle sales grew 184% in May, achieving a new electrified vehicles sales record of 10,364 vehicles. Explorer Hybrid sales also had a big increase of 132% over a year ago on sales of 1,156 SUVs. Explorer Hybrid sales also had a big increase of 132% over a year ago on sales of 1,156 SUVs.

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F-150 Ford Sale Escape 315

CN EV Post

APRIL 6, 2023

Many automakers in China launched rare price wars in March to try to boost sales. China's switch to the 6b emissions standard was not the main reason for the wave of price cuts, the CADA said, adding that most dealers said their inventories of 6a-based vehicles are not high and could be cleared by the end of June.

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Auto China Price Dealers 139

Teslarati

FEBRUARY 27, 2024

The Biden Administration is on track to meet its 2030 electric vehicle (EV) sales goal, said Energy Secretary Jennifer Granholm. The Biden Administration aims to have EV sales make up 50% of all car sales in the United States by 2030. Meanwhile, other electric vehicles in the US market have slashed prices by over 10%.

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Sale United States Price Washington 103

The Truth About Cars

APRIL 12, 2024

The publication uncovered a letter to dealers that outlines price cuts for the 2024 Bronco Sport, bringing prices down by close to $2,000 for some configurations. Pricing now starts at $29,795 before fees, $1,435 less than before. Ford slashed prices on the Outer Banks variant by $1,980, giving it a $33,935 MSRP.

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Price Ford SUV Dealers 94

The Truth About Cars

JANUARY 31, 2024

EV sales fell for two consecutive quarters last year, down ten percent between Q3 and Q4, to 89,993 registrations. percent of auto sales last year. California regulators want all vehicle sales to be for zero-emissions models by 2035, so any downturn is cause for concern. percent, up from 5.9 percent the year before.

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California Sale Dealers Insight 122

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 87

The Truth About Cars

JULY 12, 2023

Axios recently highlighted the issue and found that dealers have EV inventory sitting on their lots for extended periods, suggesting that supply is significantly outpacing demand. Part of the issue with some EV models is their sky-high price tags, and the most expensive models aren’t eligible for government tax credits.

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Dealers Tax Credit Gas-Electric Auto Industry 98

Teslarati

OCTOBER 15, 2022

While earlier this week, Sony Honda Mobility clarified that their vehicles won’t be available until 2026, this hasn’t stopped Honda dealers state-side from expressing their interest in being a part of the venture, according to Reuters. But Honda dealers argued that they have a place in the future system.

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Dealers Honda Parts Sale 106

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 98

Teslarati

APRIL 1, 2021

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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Illinois Dealers Motor Motors 98

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

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

MARCH 29, 2023

Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor. This was seen as the beginning of the massive outbreak of the price war. A study covering nearly 100 auto dealer groups showed that nearly 98.89

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Standards China Emissions Sale 129

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

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.)

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North America Dealers America Solar 52

CN EV Post

NOVEMBER 15, 2023

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. New change should bring the shift of entire marketing strategy. NIO is shifting focus from existing owner to non-owner.

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Dealers Price Sale Market 75

Green Car Congress

MAY 10, 2022

More than 250,000 Californians have now received a financial Clean Fuel Reward at the point of sale when they purchased or leased a plug-in electric vehicle—an important milestone for this program after only 18 months since it began. Of the total rewards, 21.2%

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Clean Cleaning California Sale 317

Green Car Congress

FEBRUARY 26, 2020

Consequently, only a portion of the vehicles being counted to meet the zero emission goal—roughly half based on current sales volumes—will in fact produce zero emissions when driven. Using this more flexible interpretation that includes both true ZEVs and combustion PHEVs, total PEV sales since 2009 account for 13.4%

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California Sale Climate Change PHEV 269

The Truth About Cars

JUNE 16, 2023

Dealer franchise laws are controversial at best and downright divisive in most cases, but they remain a significant force in the automotive industry despite the political noise surrounding them. & As Inside EVs pointed out, the bill’s language prohibits direct-to-consumer sales by automakers.

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Florida Auto Sale Dealers 105