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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. We decided we would rather give that money to a dealer so that we could expand faster,” said Henrik Fisker, the CEO, President, and Chairman of the EV startup.

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Ford Launches New Dealer Training Program With A.I. Integration

The Truth About Cars

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. Image: Ford] Become a& TTAC& insider.

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BYD sets lower sales growth & warns of looming price war

Teslarati

BYD set lower sales growth goals for 2024, warning of a looming price war and overcapacity in Mainland China’s electric vehicle (EV) sector. Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley The top EV manufacturer forecasts for 2024 are hopeful. million units. year-over-year.

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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.&

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DOJ echoes Tesla argument in Louisiana direct sales appeal

Teslarati

Department of Justice (DOJ) has backed an argument from Tesla this week during a circuit court appeal of a case with the state of Louisiana over its automotive direct sales ban rules. ” An argument date for the appeals court has not yet been set, and this is just one of many direct sales bans Tesla faces on the state level in the U.S.

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The Biden Administration is on track to meet its 2030 EV sales goal

Teslarati

The Biden Administration is on track to meet its 2030 electric vehicle (EV) sales goal, said Energy Secretary Jennifer Granholm. The Biden Administration aims to have EV sales make up 50% of all car sales in the United States by 2030. It has even started winning over auto dealers in 2024. million electric vehicles sold.

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Lucid Motors, Rivian sued by Illinois car dealers for direct sales

Teslarati

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. The costs are the same for everyone, a strategy that has alleviated a lot of stress from the car buying process.

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