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Survey Shows Auto Dealers Still Annoyed With Biden EV Strategy

The Truth About Cars

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. As for dealers, there’s some amount of disagreement as to what’s holding EVs back. EVs are definitely not a want of our guests today.

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Survey: Dealers think Biden is moving too fast on EVs

Baua Electric

Dealers think the Biden administration’s EV policies are forcing the auto industry to move ahead of market demand, according to a new Automotive News survey. The publication’s 2024 Dealer Outlook Survey compiled responses from 208 U.S. car dealers and dealership managers. billion on EV infrastructure.

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Mercedes-Benz EQ models have been slow to sell, dealers report

Teslarati

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. ” Psillakis also said that Mercedes didn’t have any supply of the affordable EQB at the beginning of the year. CEO of Mercedes-Benz U.S.,

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Ford Mustang Mach-E price cuts are proving affordable EVs are in demand

Baua Electric

A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. 2023 Ford Mustang Mach-E (Source: Ford) The bad news Although the lower prices are working to move inventory, can Ford afford to keep prices lower? Ford Mustang Mach-E (Source: Ford) At least one dealer is seeing the results.

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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. Hyundai, Kia top Ford, GM in EV sales with affordability After the IONIQ 5 was the sixth best-selling EV in the US last year with nearly 34,000 units sold, Hyundai (and Kia) are starting the year strong in the US. 361 $43,656 SEL RWD 77.4

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Majority of dealers complain US is bringing them too fast into the EV future

Baua Electric

Ford F-150 Lightning (Source: Ford) A strong majority of car dealers complain the US government’s strategy is bringing them too fast into the electric vehicle future. The concerns about dealers have proved warranted. 83 percent of the dealers surveyed said that they believe the federal government is pushing them into EVs too fast.

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Is Hyundai’s IONIQ 6 the ultimate EV? Fast charging, long-range, and affordable price

Baua Electric

According to a new report, the Hyundai IONIQ 6 is the only EV on the market offering fast charging in under 20 minutes, over 350 miles range, and at an affordable starting price. And you get all of this starting at an affordable starting price of as little as $38,650. FTC: We use income earning auto affiliate links.