Remove Auto Remove Dealers Remove Financing Remove Price
article thumbnail

Fisker adds new US dealer and several more in Europe as extreme price cuts take effect

Baua Electric

California-based EV startup Fisker signed a new dealer in Miami and several in Europe as it fights to turn things around. After announcing massive price cuts on its Ocean electric SUV last month, Fisker looks to grow its dealer network. The 2023 Ocean Extreme price was cut from $61,499 to just $37,499.

Fisker 52
article thumbnail

Bank of America introduces residential EV charger financing

Teslarati

BoA said it would allow consumers the option to finance residential electric vehicle chargers alongside their auto loans through the bank. The option of letting consumers finance the chargers will ultimately fall into the hands of dealers and manufacturers, the company said. This was a $3,594, or a 5.5

Financing 145
article thumbnail

Kia is paying dealers to sell EVs – that could mean deals for buyers

Baua Electric

Photo: Kia Kia is paying its dealers up to $1,500 in flat payments for each EV sold in April, so buyers, there may be good prices to be had. Through April 30 , the Kia April 2024 Dealer Flat Cash Program will pay dealers $1,500 for every EV6 GT sold and $1,000 for every 2023 Kia EV6 sold. But what’s in it for you?

Dealers 52
article thumbnail

FTC Launches “Combating Auto Retail Scams” Rule

The Truth About Cars

The Federal Trade Commission (FTC) has announced the finalization of the new Combating Auto Retail Scams (CARS) rule designed to prevent auto dealers from utilizing bait-and-switch tactics and hidden junk fees. If consumers see that a dealer is complying with the CARS Rule, it adds a measure of confidence.

Auto 100
article thumbnail

A dealership marked up a Hyundai IONIQ 5 N’s price by $20k

Baua Electric

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. Sales/finance manager were really disrespectful over pricing and me knowing about their allocations and being an Nfluencer.

Hyundai 52
article thumbnail

Electric 3-wheeler set for launch by Bajaj Auto

Electric Vehicles India

Initially, the electric three-wheeler will be available only in a limited number of cities for cargo and passenger use The first electric three-wheeler from Bajaj Auto will be unveiled in April 2023 when it is launched. Dealers are ready and training is underway,” said Sharma as part of the announcement.

Auto 90
article thumbnail

The Biden Administration is on track to meet its 2030 EV sales goal

Teslarati

There’s a lot of new models that are coming on from our domestic manufacturers that are much lower price as well,” Granholm told Yahoo Finance. Biden administration to ease emissions requirements, reports say Tesla—the top EV manufacturer in the United States— lowered its prices by one-fifth in the past year.

Sale 126