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Fisker scraps direct sales and turns to auto dealers for sales

Teslarati

The startup is now turning to auto dealerships for sales and services. We decided we would rather give that money to a dealer so that we could expand faster,” said Henrik Fisker, the CEO, President, and Chairman of the EV startup. The company also shared its intention to expand retail operations in North America and Europe.

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Ford Dealers & Ford Fund Invest $2 Million to Train Future Auto Techs

CleanTechnica EVs

DEARBORN, Michigan — Ford dealers and Ford Fund, the philanthropic arm of Ford Motor Company, are investing $2 million in. continued] The post Ford Dealers & Ford Fund Invest $2 Million to Train Future Auto Techs appeared first on CleanTechnica.

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Maserati partners with Future Energy to electrify dealer network

Green Car Congress

Maserati, the Italian luxury and performance automotive brand and the only luxury brand of the Stellantis Group, is partnering with Future Energy to electrify its dealer network. This partnership proves Maserati’s dedication to helping their dealers adapt their business processes and embrace the future of electrification.

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Are Auto Companies Ready for the Future?

Clean Fleet Report

The United Auto Workers strike in the U.S. EV inventories are at all-time highs, and traditional dealers are concerned about their bottom lines, especially since they have had to make large investments in capabilities to sell and service EVs. Future Success How should auto companies set themselves up for ongoing success?

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China auto price war: BMW dealers offer discounts of up to $14,360 for i3

CN EV Post

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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Ashok Leyland signs MoU with South Indian Bank for dealer financing | Autocar Professional

Baua Electric

Ashok Leyland, the flagship company of the Hinduja Group has signed an MoU (Memorandum of Understanding) with South Indian Bank for financing dealers under the Bank’s dealer finance program. Under this partnership, the Bank will provide competitive dealer finance options to the dealers of Ashok Leyland Limited.

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Stellantis Continues Snubbing North American Auto Shows

The Truth About Cars

Stellantis pulled out of last year’s Los Angeles Auto Show and the Specialty Equipment Market Association (SEMA) trade show , stating that it was trying to save money amid the now resolved UAW strike. However, it’s starting to look like the company just isn’t interested in attending the big events anymore.

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