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Fisker scraps direct sales and turns to auto dealers for sales

Teslarati

Fisker is scrapping plans for direct sales to customers. The startup is now turning to auto dealerships for sales and services. He plans to attend the National Automobile Dealers Association convention and make a pitch to the auto dealers. I think we just went that route because everyone does when you are a startup.

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Tesla secures hard-fought win for owners in CT, but battle for sales continues

Teslarati

One of these was from the Hoffman Auto Group, which has been lobbying against the practice of automakers adopting a direct selling model in the state. Hoffman Auto group questioned the legality of the permit granted to Tesla while claiming that having the EV maker set up shop in the state would put jobs at risk and kill competitive pricing.

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Suzuki and SkyDrive start production of ‘flying cars’ in Iwata, Shizuoka, Japan – ET Auto

Baua Electric

In addition to the aircraft to be used at the Expo 2025 Osaka, Kansai, Japan, aircraft for sales to customers will be manufactured at this plant.

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Los Angeles Auto Show will host unveilings with EVs taking center stage

Teslarati

Numerous automakers are expected to unveil new and upcoming models at the Los Angeles Auto Show next month, and electric vehicles will take center stage. Business First , the Los Angeles Auto Show will host unveilings for upcoming vehicles from Subaru, Hyundai, Fiat, Kia, Genesis, and Vinfast. According to L.A.

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Exicom Tele-Systems IPO subscribed 10 times on first day of offer – ET Auto

Baua Electric

The IPO has a fresh issue of equity shares aggregating up to INR 329 crore and an Offer For Sale (OFS) component of up to 70.42 The Qualified Institutional Buyers (QIBs) category fetched 73 % subscription. The IPO got fully subscribed within hours of beginning of the bidding process.

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Hindustan Zinc may put off demerger – ET Auto

Baua Electric

Also, the government doesn’t want any uncertainty around HZL to spook investors ahead of its plan to offload a part of its stake in the miner through an offer for sale in FY25, one of them said. “The company’s proposal to the government also lacked the details as to how any such demerger will actually benefit shareholders.

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Los Angeles Auto Show 2021 debuts electric vehicles from Nov 19-28 

Electric Vehicles India

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. Los Angeles Auto Show. Also, read the related article: Electric Cars Unveiled At Shanghai Auto Show 2019.