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GM Dealers Want Hybrids Instead of More EVs

The Truth About Cars

General Motors is pushing ahead with plans to become an electric automaker, but the road toward that goal hasn’t been the easiest so far. A GM advisory committee with several dealers is leading the messaging, saying that they believe the automaker risks losing customers with an overly aggressive electrification strategy.

Dealers 111
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Car Dealers to President Biden: ‘enthusiasm has stalled’ for EVs

Teslarati

Over 3,000 car dealers sent a letter to President Biden expressing their concerns about his administration’s push toward electric vehicles (EVs). Car dealers have informed the President that enthusiasm for electric vehicles has stalled, hinting at concerns over the demand for EVs. But that enthusiasm has stalled.

Dealers 130
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Elon Musk comments on Tesla’s pricing strategy following cuts

Teslarati

Tesla has dropped the prices of its electric vehicles (EVs) and its Full Self-Driving (FSD) software over the past few weeks, reigniting larger discussions about the automaker’s overall pricing strategy. “Subscription price will go up once we release FSD. . We are raising Model Y prices.

Price 135
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Premium EV bargain hunting? 2024’s best cut-price prestige electric buys

EV Central

Could you be tempted by an ex-demo or lightly pre-loved premium electric car once they’ve shed dollars from scarily high original sticker prices? Combustion or electric, these Bavarian limos’ values seem to fall off a cliff equally. That’s fallen a mighty $100,000 from its new list price.

Price 92
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Car Buyers Fight Back With Dealer Markup Tracker

CleanTechnica EVs

Buying cars in 2022 can be a huge headache. Not only are some cars hard to find at all with dealers selling out of popular models, but there’s also the issue of dealer markup. This is when a dealer sells a car for more than the MSRP, or Manufacturer’s Suggested Retail Price.

Dealers 133
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Tesla (TSLA) receives “Buy” rating and higher price target from Jefferies

Teslarati

Tesla shares ( NASDAQ:TSLA ) are gaining momentum on Monday following a “Buy” rating and an updated price target from Jefferies. Houchois and his team noted that they expect Tesla in particular to benefit over its rival carmakers that are also moving into the electric vehicle segment. Disclaimer: I am long TSLA.

Buy 145
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Used EVs Coming Down In Price

CleanTechnica EVs

The used car market plays a crucial role in providing affordable vehicles for people, especially those who can’t afford ever-rising new car prices. While buying a new car can be a dream for many, it is often unaffordable due to the high price tag and the insane dealer markups we often see these days.

Price 122