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Tesla direct to consumer sales bleed dealers of profit in California

Teslarati

A new report finds that Tesla accounted for roughly $700,000 in lost gross profit per dealer in California during 2022. It multiplied the sales numbers from these brands with the average gross profit per vehicle sold at a dealer in California. What do you think of the article? Specifically, the 193,707 D2C EV sales, of which 97.1%

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Nissan launches electric delivery truck fleet for Los Angeles dealers

Teslarati

Nissan has launched a new fleet of Nikola and Kenworth electric semis that will deliver vehicles to dealers in Los Angeles. Further, with many dealers being located in and around city centers, automakers can cut down on diesel emissions and noise pollution in dense urban centers simply by switching to these electric offerings.

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Qualcomm to supply chip to Renault for Megane E-Tech Electric

Electric Vehicles India

Qualcomm to supply chip to Renault for Megane E-Tech Electric. A California based Qualcomm Inc announced that it will supply a key computing chip for the digital dashboard in a new Renault SA electric vehicle. Also, read related article: Renault unveiled Megane eVision Concept.

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Piaggio partners EV fleet operator MoEVing to supply EVs 

Electric Vehicles India

Piaggio partners EV fleet operator MoEVing to supply EVs . Let us read more about Piaggio partners MoEVing for the supply of electric vehicles in India. . Also, read related article: Piaggio launches Ape electric three-wheeler range in Hyderabad. The MoEVing aims to add 500 Piaggio Ape’ E-Xtra FX to their existing fleet by 2022.

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GM to void warranties of flipped vehicles to combat price gouging

Teslarati

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. What do you think of the article?

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Ford EV sales begin to outgrow ICE sales, lead by Mustang Mach-E

Teslarati

As anticipated and announced by Ford , sales in September were significantly impacted by inflationary issues and supply shortages. The Ford F150 Lightning and Ford Mustang Mach-E were some of the brand’s fastest-selling vehicles, flipping in eight days and ten days on dealer lots, respectively. What do you think of the article?

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Ford Scales Back Michigan Battery Plant Investments

The Truth About Cars

Dealers don’t seem to be particularly enthusiastic about electrification anymore either. The vehicles themselves are getting harder to move — something literally every dealer source I have has expressed to me this year. Both electric and combustion vehicles went into 2023 with a roughly 50-day supply.