The Truth About Cars

JULY 10, 2024

Automakers are locked in a heated battle for EV supremacy in the United States, but one dealer group is alleging that Hyundai’s numbers might not be entirely accurate. That move would make sales figures look better without dealers moving any additional EV inventory. Images: Hyundai] Become a TTAC insider.

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The Truth About Cars

JUNE 23, 2025

Toyota, facing a challenging future with new tariff actions, is reportedly considering letting Ford and General Motors sell their vehicles at its dealer locations in Japan. While this report certainly could become a reality, nothing has been decided yet, but it’s not like Ford or General Motors would cut into Toyota’s sales in the country.

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General Motors Dealers Toyota Ford 62

The Truth About Cars

APRIL 16, 2025

Dealers have been somewhat unhappy with the arrangement, saying Amazon needs to do more to improve their profitability, and as part of that request, the e-commerce giant is expanding its offering to lease customers. Ultimately, Amazon sees the program as a sort of dealer marketplace where stores can advertise to a willing group of buyers.

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The Truth About Cars

MAY 10, 2024

Cutting new-car prices is a great way to boost sales, but it’s not always kind to the dealers stuck with the inventory. Many Nissan dealers have already been selling below invoice, saying that demand has been so weak that they have been forced to incentivize any buyer willing to walk onto the lot.

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The Truth About Cars

JULY 16, 2024

While best known for its commercial trucking services, Penske has been ramping up dealer acquisitions, buying out trucking rivals and trying to expand its already sizable footprint in both Europe and Australia. While those types of dealerships still exist, they’re losing ground to larger dealer networks. in Massachusetts.

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The Truth About Cars

JUNE 3, 2024

In early May, it filed a lawsuit against the dealer , claiming racketeering, fraud, and stealing hundreds of thousands of dollars in incentives. Two of the stores sold in 2022 and 2023, but the third sale fell through when the prospective buyer caught wind of O’Brien’s allegedly shady business practices.

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The Truth About Cars

DECEMBER 26, 2024

While many people seem excited about the brands revival under VW, California car dealers arent so stoked. The states new-car dealer association demanded that Scout Motors and Volkswagen stop taking deposits for the vehicles, saying direct sales are prohibited in California. Images: Scout Motors] Become aTTAC insider.

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Dealers California Audi Sale 109

The Truth About Cars

JANUARY 29, 2025

7, too, as dealers were skeptical that its expected $50,000 to $60,000 price tag would mean low sales volume. 4 sales so far this month, but tariffs and a shifting political attitude toward EVs and incentives could put some significant speed bumps on its path forward. Price was apparently a significant concern with the ID.7,

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The Truth About Cars

JANUARY 30, 2025

Its looking to cut its workforce and plans to reduce production of two of its most important models as sales slide. The move is a calculated risk, as those two vehicles are the brands top-selling models, accounting for 42 percent of the companys sales combined, and must make money.

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EV Club of CT

MARCH 3, 2021

Volvo Is First Manufacturer to Bypass Dealers for EV Sales When we blogged about the EV Freedom Bill, SB 127, a short while back, one of the facts that we unearthed was that in Germany, Read more.

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Dealers Volvo Germany Sale 75

The Truth About Cars

FEBRUARY 26, 2025

It seems a tripartite of price issues, demand problems, and a hamstrung product catalog have spurred a number of Mitsubishi dealers to bend the ear of its North American CEO. If something doesnt shift fast, said the dealer in an interview with AN , We will have to make some major decisions. percent in the 2023 calendar year.

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The Truth About Cars

MARCH 18, 2025

Dealer markups may have abated to a degree, with discounts starting to manifest, but we dont really seem to be encountering the kinds of reasonable pricing North America enjoyed prior to 2020. As of now, the above issues haven't yielded any catastrophic sales collapses for the market as a whole.

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The Truth About Cars

JUNE 13, 2024

Ford wants to sell more EVs, but its Model e dealer program hasn’t been the success it hoped for. The automaker is now taking a step back from the requirements it created for the program, enabling all Ford dealers to sell electric models. Ford saw improving EV sales in May, with a 65 percent increase.

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The Truth About Cars

AUGUST 14, 2024

Image: Nissan Nissan dealers in the United States are living through a traumatic experience. Profitability has plummeted to its worst in 15 years, leaving almost 40% of Nissan's 1,071 dealers hemorrhaging money. Dealers are suggesting Nissan needs to trim the fat, possibly reducing the number of stores by up to 40%. down from 7.7%

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The Truth About Cars

FEBRUARY 5, 2025

A group of Volkswagen and Audi dealerships in Florida have filed a lawsuit against Scout Motors over its direct-to-consumer sales model. John Forehand, one of the lawyers representing the dealers in the lawsuit, told Automotive News that Volkswagen owns more than 30 percent of Scout Motors.

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The Truth About Cars

OCTOBER 30, 2024

Porsche’s latest entry to the space takes that approach, as it’s the lightest 911 Carrera variant on sale today. Buyers will also see a $1,995 destination charge when the car arrives on dealers’ lots in the summer of 2025. Its twin-turbocharged 3.0-liter Images: Porsche] Become a TTAC insider.

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The Truth About Cars

OCTOBER 18, 2024

It’s offering dealers up to $1,500 for every 2024 model-year truck dealers order from one of its regional EV distribution centers until November 15, which it said would allow dealers to cut floor planning costs. Dealers who spring for the additional trucks will get an extra $500 on top of the $1,000 for the first nine vehicles.

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The Truth About Cars

DECEMBER 10, 2024

If true, the broader ramifications of this would be that CDK Global had intentionally forced retailers to pay higher prices while keeping useful information from them likely resulting in those costs trickling down to consumers while ensuring it maintained the lions share of the dealer services market. CDK's technology is outdated.

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The Truth About Cars

FEBRUARY 8, 2024

Last week, Ford CEO Jim Farley asked a group of dealers for some open and honest feedback while promising to spend the next few weeks visiting showrooms. However, the latest from the North American Dealers Association (NADA) meeting makes it sound like the relationship may still be dicey. This isn’t exclusively a Ford problem, however.

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The Truth About Cars

SEPTEMBER 12, 2024

dealer network is none too pleased with the manufacturer and looks to be blaming CEO Carlos Tavares. The National Dealer Council has sent an open letter to the executive and it doesn’t pull any punches. Dealers want more investments to go toward clearing out older inventories and developing new models that would help boost sales.

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The Truth About Cars

MAY 29, 2025

Reports have alleged that Chinas Ministry of Commerce has been looking into automakers over concerns that they may have misrepresented new vehicle sales. However, according to Bloomberg , the cars were being counted as previously sold to allow the relevant companies to meet preexisting new-vehicle sales targets.

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The Truth About Cars

MAY 5, 2025

After jettisoning the Ram 1500 Classic, dealers have been clamoring for a replacement closer to that trucks price point. Despite it having been on sale virtually unchanged since the first Obama administration, the Classic was a popular way to claim market share and get taillights over the curb. Images: Ram] Become aTTAC insider.

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Obama Dealers Sale Standards 103

The Truth About Cars

MAY 23, 2024

Reliability, practicality, and affordability will always win the day when money is tight and the manufacturer’s surging sales seem to reflect this. Mitsubishi likewise wants to broaden the reach of its dealer network and is presently considering alternative retail concepts in addition to more traditional expansion plans. sales market.

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Mitsubishi Dealers Minivan United States 113

The Truth About Cars

AUGUST 15, 2024

That’s the news coming out of the automaker’s recent dealer meeting in Las Vegas, according to attendees who shared details with Automotive News. Chevy discontinued the Camaro, and Dodge no longer sells the Challenger or Charger, leaving Ford with the only pony car on sale. It was awesome.”

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The Truth About Cars

MAY 19, 2025

As CEO Elon Musk became a cultural and political lightning rod, the automakers sales have slowed, leading it to accumulate unsold Cybertruck inventory. Unfortunately for outside dealers, those that took Cybertrucks in trade may be left holding the bag after paying high prices in the early days. The situation hasnt improved much.

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The Truth About Cars

JUNE 20, 2023

After weathering pandemic-related shutdowns, chip shortages, and barren lots, some dealers are complaining our nation’s rail system is suddenly no longer up to the task of delivering new cars. A few are saying they have a point, whilst others muse it is a bit of karma for three years of price gouging and “additional dealer markups”.

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The Truth About Cars

APRIL 24, 2024

dealer network , giving it stores in several new areas and growing its footprint to 18 dealerships in seven states. With 18 stores in seven states and its corporate dealers in California, VinFast now has a surprisingly robust U.S. Though the automaker has a range of vehicle offerings in Vietnam, its only model on sale in the U.S.

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The Truth About Cars

JUNE 2, 2023

That said, the market seems to be healing, and some dealers now find themselves with too much inventory on hand. CarEdge recently released a report on the vehicles that sit on dealers’ lots the longest, and one Jeep model shows more than two years of supply.&

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The Truth About Cars

FEBRUARY 1, 2024

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.& EVs are definitely not a want of our guests today.

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The Truth About Cars

DECEMBER 15, 2023

GM-Trucks.com reported on the issue, in response to which General Motors issued a stop sale for the two trucks. Dealers will drill the ends of the cracks to stop the spread, and MIG weld the underside of the roof. are included in the action.

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The Truth About Cars

MAY 1, 2024

Ford has announced its new dealership training platform for the United States , noting that it will utilize artificial intelligence to better familiarize sales teams with product knowledge, corporate history, while likewise making them better at engaging with customers.

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The Truth About Cars

JANUARY 31, 2024

EV sales fell for two consecutive quarters last year, down ten percent between Q3 and Q4, to 89,993 registrations. percent of auto sales last year. California regulators want all vehicle sales to be for zero-emissions models by 2035, so any downturn is cause for concern. percent, up from 5.9 percent the year before.

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The Truth About Cars

JULY 12, 2023

Axios recently highlighted the issue and found that dealers have EV inventory sitting on their lots for extended periods, suggesting that supply is significantly outpacing demand. Though EV sales seem to be dragging, hybrids and plug-in hybrids are hot commodities.

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The Truth About Cars

AUGUST 28, 2023

Automakers never talk about future products with the media, but dealers often get previews of upcoming models and lineup changes. A dealer told Automotive News that Nissan plans to swap the current model’s standard V8 for a twin-turbocharged V6 engine making 424 horsepower paired with a nine-speed automatic transmission. .&

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The Truth About Cars

MARCH 31, 2025

Through the entire 2024 calendar year, Ford brand sales increased about three percent to just under two million units. Ford intends to officially let dealers know about this campaign by April 24 with affected owners finding a note in their mail sometime by the beginning of next month.

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The Truth About Cars

MARCH 27, 2025

The document also states that the E-Ray and Z06 cannot be sold within six months of the initial sale.

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The Truth About Cars

NOVEMBER 29, 2023

It also cites an EPA proposal from last spring that Automotive News reported could force battery-powered vehicles to become 60 percent of new-vehicle sales by the 2030 model year. Some customers are in the market for electric vehicles, and we are thrilled to sell them,” state the dealers. This isn't a red or blue state issue.

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