The Truth About Cars

JULY 12, 2023

We’ve been hearing about the rise of electric vehicles for years, but while they are growing rapidly in number, there’s still a disconnect between an auto industry hell-bent on electrification and the desires of the people they rely on to buy new cars.

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Baua Electric

JANUARY 26, 2024

If you want to try the all-electric Ford Mustang Mach-E before buying, you may be in luck. Ford dealers can now use the 2023 Ford Mustang Mach-E as part of its rental car programs. According to online auto research firm CarsDirect , the 2023 Ford Mustang Mach-E is now included in Ford dealer rental programs.

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Baua Electric

MARCH 1, 2024

The CEO of Toyota isn’t mincing words, saying that he believes EVs will only make up 30% of the US new-vehicle market in 2030, half of the target the EPA sought last year. As the car industry’s largest hybrid pusher, Toyota says it is better positioned to just buy credits to close the EPA gap rather than “waste” money on BEVs, its CEO said.

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Baua Electric

JANUARY 12, 2024

The rental-car giant Hertz has announced that it’s selling a third of its EV fleet —about 20,000 EVs, including some Teslas—to buy gasoline cars. The three future EVs from Vinfast set a more interesting potential product path for the brand, beyond its VF 8 and VF 9 electric crossovers and toward franchised dealer sales in the U.S.

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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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The Truth About Cars

APRIL 12, 2024

New car prices are slowly returning to reality, but the universe isn’t done torturing buyers. A new report from Reuters found that insurance rates are climbing just as the financial pain of buying a new car is easing. It just so happens that many of those places are highly populated, driving up the averages for everyone.

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Teslarati

SEPTEMBER 16, 2022

Recurrent Auto is now offering a program that could very well be the future of valuation for used Tesla models and electric vehicles. Recurrent Auto and Black Book are now offering a service that will more accurately value used electric vehicles influenced by battery health and other EV-specific factors. Credit: Tesla.

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The Truth About Cars

JANUARY 23, 2024

Faced with the existential crisis of having no physical customers, dealers began offering remote car-buying services and shipping. The company said it would liquidate its current inventory through wholesalers and noted that there would be no new vehicle purchases. Image: Tada Images via Shutterstock] Become a& TTAC insider.

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Baua Electric

MAY 6, 2023

Auto lenders polled via synthetic insigt and information supplier Level Predictive for its 2023 Auto Lending Fraud Survey worry worsening financial situations may push mortgage fraud and defaults upper this while. Pay stub forgery continues to be a illness for auto lenders, the vast majority of whom mentioned they imagine up to 10 p.c

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The Truth About Cars

MARCH 11, 2024

While these are just reports, and BMW could change anything (or everything) between now and the car’s eventual release, the change in strategy aligns with shifts we’ve seen in the auto market over the last year. So, while BMW’s reported decision might raise some eyebrows in Europe, it’s welcome news here. At the same time, the U.S.

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Baua Electric

JULY 15, 2023

DeBoer may be Lithia’s nearer, which is impressive for a corporation that buys a few bundle a month. And his non-public consideration and infectious just right vibes, M&A mavens have instructed me, put dealers at holiday and create closings travel easily.

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Teslarati

APRIL 30, 2024

. “Overall demand for EVs [in China] is set to fall in 2024, as consumers refrain from buying items such as cars due to concerns about job prospects and incomes. A 20% increase will not be easy to achieve, given the current weak market sentiment,” said Zhao Zhen, a sales director at Wan Zhuo Auto—a car dealer in Shanghai.

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Baua Electric

MARCH 29, 2024

According to a recent dealer note (via CarsDirect ), 2023 Mercedes EQS EV models could feature up to $20,000 in discounts off MSRP. However, in fine print, Mercedes says the offer also includes a $9,699 dealer contribution. It’s good when buying or leasing. FTC: We use income earning auto affiliate links.

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Blink Charging

JANUARY 11, 2024

The United States federal government has made it even easier to buy a new or used electric vehicle (EV). The latest Clean Vehicle Tax Credits can be applied to the purchase of a new or used EV at the point of sale as of January 1, 2024. Here’s what you need to know.

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Electric Vehicles India

NOVEMBER 18, 2021

Los Angeles Auto Show 2021 debuts electric vehicles from Nov 19-28 . Los Angeles Auto Show is back again after the pandemic break, it’s one of the major automotive events that is happening physically. The largest car -buying and EV market in the United States, AutoMobility LA is going to be held from November 19-28,2021.

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Baua Electric

MAY 5, 2023

” Regardless of buying groceries process, affordability extra a priority. Chris Hopson, most important analyst at S&P World Mobility, stated the “unsteadiness” within the economic system shall be mirrored in auto gross sales, and volatility is most probably within the coming months. .

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Teslarati

MARCH 27, 2023

New data from Recurrent Auto show that used EV batteries are lasting far longer than critics claim. Talk to anyone even remotely on the fence about buying an electric vehicle, and you will surely hear one worry above all others ; “What happens when the battery dies? Those things are expensive,” they will exclaim.

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Baua Electric

MARCH 22, 2024

Continental Tires has inaugurated a new Continental Premium Drive (CPD) dealer store in Bengaluru, further expanding its retail presence in Southern India. Situated in Yelahanka, Bengaluru, the newly launched CPD dealer store boasts a floor space of 600 sqft dedicated to showcasing a wide range of passenger vehicle tyres.

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Clean Fleet Report

MARCH 2, 2023

News: 2023 Genesis Electrified GV70 AWD First Genesis Built in the U.S. The 3,800 team members, as Hyundai calls them, are building the all-new 2023 Genesis Electrified GV70 that joins electric models of the GV60 EV and the Electrified G80 , both of which are assembled in South Korea. The Electrified GV70 comes in two trim levels.

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EV Connect

AUGUST 22, 2022

With strong policy support and aggressive climate initiatives , prioritizing plug-in hybrids and fully electric vehicles makes more sense for auto dealers than ever. Despite the need, though, many auto dealers are hesitant to take on the significant cost of adding EV charging stations to their dealerships.

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Baua Electric

JANUARY 10, 2024

Not so long ago, automakers boasted about horsepower and towing capabilities in their cars and pickups, but in the fast-changing world of technology that now dominates the auto industry, software-driven enhancements are prominent in consumers’ minds. The transition to software-dominated cars is challenging.

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Teslarati

FEBRUARY 27, 2024

It has even started winning over auto dealers in 2024. Auto dealerships were initially reluctant to sell EVs or marked up the prices, giving companies that adopted a direct sales model more of an edge. As the EV market in the United States expands, US automakers face new challenges.

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Baua Electric

APRIL 10, 2024

If you want to buy, all 2023 Mach-E trims offer 0% APR for 72 months. The 2024 Mustang Mach-E doesn’t have any rebates for buying or leasing, so it would just be the $1,500 Tesla owner discount. The 2024 Mustang Mach-E doesn’t have any rebates for buying or leasing, so it would just be the $1,500 Tesla owner discount.

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Baua Electric

MARCH 28, 2024

Photo: Hyundai Hyundai just released the IONIQ 5 N’s price just a couple weeks ago, and a California dealer has already marked the MSRP up on the automaker’s newest, most powerful EV by $20,000. Click here to find a local dealer that may have the Hyundai IONIQ 5 in stock.–ad* ad* FTC: We use income earning auto affiliate links.

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Teslarati

MARCH 29, 2024

. “Overall demand for EVs [in China] is set to fall in 2024, as consumers refrain from buying items such as cars due to concerns about job prospects and incomes. A 20% increase will not be easy to achieve, given the current weak market sentiment,” said Zhao Zhen, a sales director at Wan Zhuo Auto—a car dealer in Shanghai.

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Baua Electric

MARCH 5, 2024

If you’ve been waiting to buy Kia’s first three-row electric SUV, the perfect opportunity may have just landed. Kia introduces a new $5,000 discount on the 2024 EV9 After opening EV9 orders in November with a $54,900 starting price tag, Kia called its first three-row electric SUV a “wake-up call to the industry.”

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Teslarati

JANUARY 11, 2024

Instead, this hub will encapsulate the entire Tesla ownership experience, serving as a location for the entire process of buying an EV from start to finish. It doesn’t matter what kind of car it is; the dealer has never been able to service all the cars, so the independent aftermarket will be required.” I’d love to hear from you!

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Baua Electric

MARCH 16, 2024

The automaker is incentivized to do so due to its direct-to-consumer approach, which differs from the franchise dealer model employed by most other automakers. When buying with a referral code , Tesla also offers 3 months of free Full Self-Driving package. FTC: We use income earning auto affiliate links.

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Baua Electric

JUNE 19, 2023

Beaton has since been promoted to basic supervisor of Halifax Chrysler-Dodge, additionally owned by means of Dartmouth-based Steele Auto Team, which has 51 dealerships in Atlantic Canada and 8 in Texas. Able-to-buy commercials advertise to be had stock, develop pleasure for the fresh type strains and provide an explanation for incentives.

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Teslarati

APRIL 12, 2023

While legacy automakers are not prone to cut prices by that much, Barron’s notes in a recent article that substantial price cuts for these companies are usually $1,000, and not the $13,000 that Tesla is able to apply to its vehicles because of its dealership model: “Tesla, of course, doesn’t have a traditional dealer network.

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The Truth About Cars

NOVEMBER 8, 2023

According to Automotive News , Black Book likewise reported that “ higher than typical seasonal wholesale price depreciation resumed ” in the first week of November. Periods of more intense buying by dealers can drive wholesale price appreciation. Image: Gretchen Gunda Enger/Shutterstock] Become a& TTAC insider.

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Baua Electric

MAY 4, 2024

More than anything, the lesson seems to be that fleet managers need to choose wisely when they choose to electrify – and work closely with the dealers and OEMs to ensure that they’re buying the right tool for the right job. FTC: We use income earning auto affiliate links.

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Electric Vehicles India

MARCH 25, 2023

Tata Passenger Electric Mobility (TPEM), the Tata Group’s flagship auto company, will enhance its EV channel strategy. The cost of setting up its 6-7,000-square-foot showroom in a satellite city is estimated at ₹95-1 million, according to dealers. Separate sales channels are a key part of this strategy.

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Electric Auto Association

FEBRUARY 7, 2023

“I assumed I was facing mandatory market adjustments,” she said, explaining that she had recently paid $4000 in “mandatory add-ons” in the form of a required premium security system when she purchased a new KIA EV6. GM to the rescue “I attended the LA Auto Show and found that the best EV-buying tips came from Chevrolet,” Fellows recalled.

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Baua Electric

MARCH 6, 2024

Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. Fuelled by rising disposable incomes, an influx of new sport-utility vehicles, and attractive loan rates, India’s car market is racing ahead. As per industry estimates, about 4.1

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Baua Electric

APRIL 29, 2024

The startup in question is called EV Electra, and it has just had an offer to buy an Italian factory approved, CEO Jihad Mohammad said in a LinkedIn post. In separate LinkedIn post, Mohammad said the startup is already moving on to choosing dealers, and expects to begin delivering at least one of these proposed models in August 2024.

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Baua Electric

JANUARY 12, 2024

With a new special cash offer, the 2024 Hyundai IONIQ 6 can be significantly cheaper to buy than the upgraded Tesla Model 3 Highand. That’s to buy, not for a lease like previous deals. The base and Long Range Model 3 trims lost eligibility after new rule changes kicked in at the first of the year. 361 $43,656 SEL RWD 77.4

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