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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. Others likewise said that it should be the market driving EV sales, not pressure from the government.& Electric vehicles are exciting.

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Survey: Dealers think Biden is moving too fast on EVs

Baua Electric

Dealers think the Biden administration’s EV policies are forcing the auto industry to move ahead of market demand, according to a new Automotive News survey. The publication’s 2024 Dealer Outlook Survey compiled responses from 208 U.S. car dealers and dealership managers. billion on EV infrastructure.

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Tesla led the EV market closer to ICE price parity in 2023: Cox

Teslarati

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. Credit: Cox Automotive Cox points to Tesla’s price cuts, incentives, and increased options for affordable EVs hitting the market as reasons for the downward trend.

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New tool shows which used EVs qualify for federal tax incentives

Teslarati

A new tool released by Recurrent Auto shows car buyers which used EVs qualify for federal tax incentives based on a simple VIN search. As electric vehicles have become ever-more popular in the United States, so has the market of used EVs. The vehicle must be sold by a licensed dealer; they cannot come from a private seller.

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The Tesla Model Y is gaining ground frighteningly quickly in CA’s general auto market

Teslarati

The numbers from the California New Car Dealers Association’s new report would show that Musk is perhaps onto something. This is quite an accomplishment, considering that the Golden State is the US’ largest auto market. . The California New Car Dealers Association’s new report could be viewed below. .

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EV sales near 8% of US new vehicle market

Baua Electric

new vehicle market this month, S&P Global Mobility has predicted. 2024 Honda Prologue Analysts predicted steady growth in EV market share over the next few months in part due to the planned introduction of more affordable models like the Chevrolet Equinox EV, Honda Prologue, and Fiat 500. EV sales will reach 8.0% of the total U.S.

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China’s new energy vehicle sales drop m/m for first time since Aug – ET Auto

Baua Electric

versus the previous month, the first such drop since August 2023, industry data showed, as demand faltered in the world’s largest auto market despite a renewed discounting push led by Tesla. CAAM data tracks automakers’ sales to dealers and includes commercial vehicles such as trucks unless specified.

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