Remove Affordable Remove Automobile Remove Building Remove Dealers
article thumbnail

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. Electric automobiles have, for whatever reason, been framed as a moral good by both industrial and government actors.

Dealers 105
article thumbnail

Here’s how China’s BYD is working on its image problem

Baua Electric

But as the EV giant makes inroads outside of China, it is looking to change that, the old-school way, dealer by dealer. The strategy is to help get German EV shoppers closer to the brand, raise brand awareness, and build sales of its affordable EVs in Europe’s largest automobile market.

BYD 52
article thumbnail

April auto gross sales defy financial hesitancy

Baua Electric

from March to $1,606 consistent with automobile throughout all automakers, in keeping with TrueCar knowledge. million automobiles in April, flat with March however 45 p.c Energy and LMC Automobile stated. ” Regardless of buying groceries process, affordability extra a priority. building up in April.

Auto 52
article thumbnail

Report: Vehicle Supplies Are Climbing Back Up

The Truth About Cars

Vehicle pricing also dropped slightly, though presumably not enough to send anyone running out the door to buy a new automobile due to how outrageously high they’ve been over the last several years. But there does not appear to be a similar surplus of affordable models. All-electric models also appear to be overcapacity on many lots.

Supplies 116
article thumbnail

Report: Mitsubishi Planning Dealer Expansion, More Models for U.S.

The Truth About Cars

With new vehicle prices having surpassed parody, any automaker building affordable vehicles may soon find themselves getting a lot of attention from customers who just want something that will work for under $40,000 and that’s basically all Mitsubishi sells. But they have no dealer nearby to make that purchase." sales market.

article thumbnail

The EV Battery Wish List

Cars That Think

Instead, Lucid leaders see a bright future in cars that aim for maximum efficiency — rather than range per se — via smaller, more-affordable batteries. allowing automakers to theoretically build many more cars from a finite supply. billion to build a network of 500,000 EV chargers by 2030. The 2021 U.S.

article thumbnail

Honda to begin leasing Clarity fuel cell vehicle in California by year end; targeting <$500/month

Green Car Congress

Deliveries will begin through certified fuel cell vehicle dealers in Los Angeles and Orange counties as well as the San Francisco Bay Area and Sacramento. —John Mendel, executive vice president, Automobile Division, American Honda Motor. Honda expects limited volumes in the early stages of production.

Honda 150