Baua Electric

JANUARY 4, 2024

has announced a new EV sales strategy that remains asset-light but can help boost sales of its flagship Ocean model. This morning, Fisker shared plans to adopt a network of approximately 100 dealer partners in addition to its direct sales model. Fisker Inc. Fisker Inc. ($FSR)

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Fisker Dealers Sale Price 52

Baua Electric

JUNE 13, 2024

As Ford looks to grow its Model e EV business, the company believes its dealer network can be a significant asset. Ford announced Thursday it’s enabling all dealers to sell EVs, meaning 90% of Americans will live within 25 miles of a Ford dealership that sells electric vehicles. Ford introduced its Model e EV dealer program in 2022.

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Dealers Ford F-150 All-Electric 52

Green Car Congress

MAY 1, 2020

IHS Markit cut its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand. According the new analysis, global light vehicle sales are now forecast to be 69.6 IHS Markit forecasts a similar decline for global light vehicle production, falling to 69.3 million units.

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Global Auto Sale South Korea 150

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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Illinois Dealers Motor Motors 97

The Truth About Cars

JANUARY 3, 2024

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. Stellantis says dealers can decide if they want to make an appearance at subsequent trade events while corporate takes a pass.

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Baua Electric

MAY 21, 2024

With changes to its EV certification program coming soon, Ford is asking dealers to pause investments. Ford plans to update dealers on new changes amid a “rapidly changing EV market.” Ford spokesperson Marty Gunsberg confirmed this past December that several dealers have opted out of the program. billion loss last year.

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Dealers Ford F-150 IDEA 52

Teslarati

MARCH 29, 2024

BYD set lower sales growth goals for 2024, warning of a looming price war and overcapacity in Mainland China’s electric vehicle (EV) sector. However, BYD’s delivery estimates for 2024 are a third of 2023’s sales growth, which was 62.3%. million units this year, 20% more compared to 2023’s 3.02 million units.

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BYD Price Sale Vietnam 107

CN EV Post

MARCH 29, 2023

Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor. On March 23, China's Auto Dealers Chamber of Commerce (CADCC) called on regulators to delay the implementation of the China 6b emissions standard.

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Standards China Emissions Sale 110

Baua Electric

APRIL 24, 2024

dealerships, but a recent report suggests the EV firm may be falling behind on sales targets. The additions will give the company 18 franchised dealerships in seven states—North Carolina, New York, Texas, Florida, Kansas, Connecticut, and Kentucky—since the start of a pivot to a dealer model last year. is the VF 8 electric SUV.

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Dealers North Carolina Kansas Connecticut 52

EV Central

MAY 14, 2024

The Chinese electrified vehicle maker Leapmotor will launch in Australia in late 2024 as part of an international expansion backed by global auto giant Stellantis. Beyond that it has a variety of existing models it could add here quickly including the Mini-sized T03 electric car that has already been confirmed for European sale.

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Australia SUV Sale Jeep 119

Baua Electric

MAY 5, 2023

“Nevertheless, the demand for vehicles in the retail market remains strong due to pent-up demand from pandemic-related production shortages,” King stated. When compared with April 2022, Hyundai gross sales have been up 15 p.c ” Regardless of buying groceries process, affordability extra a priority. .”

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Auto Sale Kia Hyundai 52

Baua Electric

JUNE 4, 2024

Despite a recent pullback on its electric vehicle strategy amid “slower-than-expected” demand, Ford’s EV sales continued surging in May. All Ford electric models, including the F-150 Lightning and Mustang Mach-E, saw double-digit sales growth last month. However, electric vehicle sales continue to soar.

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F-150 Electric Vehicles Sale Ford 52

Teslarati

JANUARY 20, 2024

Ford is shifting its production strategy toward two gas vehicles, with the automaker this week reiterating plans to reduce production of its F-150 Lightning electric pickup. Last month, Ford initially announced its plans to cut F-150 Lightning production by around half.

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F-150 Ford Gas Production 122

Baua Electric

JANUARY 29, 2024

Hyundai’s IONIQ 5 is already a top seller at some dealers. Hyundai’s IONIQ 5 is a top-selling EV “If I had to describe Hyundai right now in two words, it would be growth and investment,” Kevin Reilly, chairman of the Hyundai National Dealer Council, explained (via Automotive News ). FTC: We use income earning auto affiliate links.

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Green Car Congress

JANUARY 12, 2020

China is the world’s largest user of lithium, accounting for 57% of global demand in 2019, and is also the biggest supplier of lithium converted products. With 4G handsets now representing 95% of domestic sales, market saturation has resulted in mobile phone sales through to July dropping by 5% year-to-date.

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Price China Sale 2019 243

Electric Vehicles India

APRIL 3, 2023

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. It will be available in both the passenger and cargo vehicle categories when the product is launched.

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Auto India Electric Electrical 90

Clean Fleet Report

NOVEMBER 28, 2023

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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Future Auto Companies Connect 84

Electric Vehicles India

MARCH 25, 2023

Tata Passenger Electric Mobility (TPEM), the Tata Group’s flagship auto company, will enhance its EV channel strategy. Due to the consumer preference for powertrains, industry-wide sales of electric vehicles tripled in 2022. The company is expected to close its 23rd fiscal year with sales of over 50,000 units.

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Motor Motors Motoring Sale 85

Baua Electric

MARCH 31, 2024

With March 2024 delivering best-ever monthly sales of 25,119 units, the car, SUV and MPV manufacturer has also recorded its best-ever domestic market sales in a fiscal year. One such initiative rolled out in February 2024 is the ‘Awesome New Car Delivery Solution’ from TKM’s authorised dealers.

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India Toyota Sale Camry Hybrid 52

Baua Electric

MAY 6, 2024

EMotorad is currently also working on expanding its product range, introducing new electric cycles and new form factors such as e-bikes for delivery staffers. EMotorad has a network of more than 350 dealers over 10 experience centres across India. In FY24, it registered sales of INR 140 crore, up from INR 115 a year ago, Gupta told ET.

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Auto India Asia Insight 52

Baua Electric

JUNE 3, 2024

Hyundai Motor America sold a record number of IONIQ 5 models in May as EV sales continue trending higher. Hyundai IONIQ 5 is on a hot streak with record May sales After launching in the US in 2022, Hyundai’s first dedicated EV, the IONIQ 5, has continued climbing the sales charts. FTC: We use income earning auto affiliate links.

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Hyundai Sale Tax Credit Tax 52

Baua Electric

MAY 21, 2024

Last fall, GM and Ford gave the anti-EV crowd (which includes many of their dealerships ) an early Christmas present, announcing that they would push back EV production plans in response to slower sales (actually a slower rate of increase in sales). I think most of those are behind us.” Apparently, the party’s back on.

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Baua Electric

MAY 24, 2024

Nissan is preparing to begin production of the next-gen LEAF , which could happen as early as next March. After ending production of the iconic LEAF electric car earlier this year, Nissan is preparing its Sunderland plant for a new electric era. First up is the next-gen LEAF, which is expected to begin production trials in August.

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Nissan Production Building SUV 52

Baua Electric

MAY 15, 2024

Commercial EV manufacturer Mullen has scored a $150 million capital infusion that will allow it to expand its domestic and international sales efforts – and put Bollinger’s beefy electric trucks into series production. FTC: We use income earning auto affiliate links.

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Financing Production Cayenne Mississippi 52

The Truth About Cars

JUNE 3, 2024

Automakers want to maximize their per-vehicle profits to help offset declining annual vehicle sales. Unfortunately, this has left many with product lineups overloaded with models loads of households can no longer afford. While it depends on where you’re living, EV sales are slowing down and many electrical grids.

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Teslarati

MAY 5, 2021

This was shown in the April sales of the Mach-E, which declined to only 1,951 last month. . The Mach-E entered the market strong in its first full month of sales , selling 3,739 in February. However, things started shifting on March, when Mach-E sales went down to 2,637, a 30% decline. .

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Ford Sale F-150 Norway 143

Baua Electric

MAY 7, 2024

India Auto Inc has had a good start to the new fiscal year 2025. The Federation of Automobile Dealers Associations (FADA) today released April 2024 vehicle retail sales numbers for India Auto Inc. 4, sold 280,204 scooters, motorcycles and mopeds, increasing its YoY sales by 34% (April 2023: 208,818 units).

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Sale India Vehicles Motorcycles 52

Baua Electric

MAY 7, 2024

India Auto Inc has had a good start to the new fiscal year 2025. The Federation of Automobile Dealers Associations (FADA) today released April 2024 vehicle retail sales numbers for India Auto Inc. 4, sold 280,204 scooters, motorcycles and mopeds, increasing its YoY sales by 34% (April 2023: 208,818 units).

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Sale India Vehicles Motorcycles 52

Teslarati

JANUARY 17, 2024

The EV startup has struggled to ramp production on the Ocean and deliver the vehicles to customers. Fisker scraps direct sales and turns to auto dealers for sales In September 2023, the company announced plans to ramp production of the all-electric Ocean crossover SUV to 300 per day, compared to 180 units daily.

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Fisker Dealers United States For Sale 88

Teslarati

NOVEMBER 9, 2022

have helped push retail sales of New Energy Vehicles (NEV) in China up 75% in October from a year earlier. Sales for the first ten months of the year increased to 4.43 As noted in a Bloomberg News report, wholesale sales of passenger NEVs reached 676,000 in October. and Li Auto Inc., and BYD Co. million as well.

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BYD Sale Tesla China 97

Baua Electric

JANUARY 31, 2024

By: HT Auto Desk | Updated on: 01 Feb 2024, 11:26 AM Rapidly surging demand for utility vehicles, especially SUVs has helped Toyota to post impressive growth and sales numbers in January 2024. Rapidly surging demand for utility vehicles, especially SUVs has helped Toyota to post impressive growth and sales numbers in January 2024.

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Toyota SUV Sale Camry Hybrid 52

Clean Fleet Report

NOVEMBER 19, 2022

Most of the vehicles debuting at the 2022 Los Angeles Auto Show were powered by some sort of electricity. Clean Fleet Report got a look at the all-new 2023 Electrified GV70 a couple weeks before the Los Angeles Auto Show, and posted this sneak preview story. No on sale date or pricing has been announced. 2024 Fiat 500e EV.

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Los Angeles Auto Prius Toyota 78

CN EV Post

MARCH 12, 2023

The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight. CnEVPost obtained the views of several local analysts, which provide references on what impact that new emission standard will have on the auto industry. percent in February, up 2.0

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Standards China Auto Emissions 78

Baua Electric

JANUARY 11, 2024

Ahead of its full Q4 report and 2023 sales breakdown, Mercedes-Benz USA has posted some of its sales numbers, which are encouraging overall, especially in the growing segment of BEVs, which saw nearly 250% growth year-over-year. Top-end and Can sales are up year-over-year, while Mercedes’ core vehicles are down 4%.

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USA Mercedes Sale Las Vegas 52

Baua Electric

MAY 8, 2024

Although Fisker successfully launched its flagship Ocean SUV, it was quickly hit with several software issues and lower-than-anticipated sales. As a result, the automaker lowered its production targets several times throughout 2023 while pulling any demand levers to maintain liquidity.

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Austria Fisker Production Sale 52

Baua Electric

MARCH 19, 2024

Fisker has paused production of its Ocean electric SUV for six weeks as it seeks to draw down inventory and secure additional financing. The production pause at contractor Magna’s Graz, Austria, factory is intended to give Fisker time to sell some of these vehicles.

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Fisker Production Alaska Austria 52

Baua Electric

JULY 7, 2023

broker members of the family and retail methods, stated the plan is to preserve an “aggressive nature at retail, stay close with our business center, stay close with our dealers, communicating out our plans. Sales by Jeep, Stellantis’ biggest brand, slipped 2.9 Sales of the Chrysler Pacifica Hybrid, No.

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