Remove Buy Remove Parts Remove Purchase Remove Sale
article thumbnail

Bentley CEO: Rich People Felt Bad About Showing Off, Causing Drop in Sales

The Truth About Cars

People who buy cars from brands like Bentley aren’t generally concerned with things like recessions and the opinions of the masses, but the automaker thinks its customers are buying fewer expensive cars because they feel bad about showing off. Of course, we can take this conversation in a few different directions.

Bentley 110
article thumbnail

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.

Louisiana 137
article thumbnail

EV demand spikes in the U.S. and Europe during first part of the year

Teslarati

A new survey published by Deloitte has found that consumer interest in purchasing an EV has spiked in recent months. Furthermore, this intention has seemingly resulted in actual purchases across the globe, as automakers like Tesla have seen EV sales boom in recent months. even reported not considering not buying a car at all.

Parts 143
article thumbnail

Honda dealers want to be a part of Honda’s newest venture

Teslarati

Honda dealerships that want to be part of the buying process of the vehicles. While earlier this week, Sony Honda Mobility clarified that their vehicles won’t be available until 2026, this hasn’t stopped Honda dealers state-side from expressing their interest in being a part of the venture, according to Reuters.

Dealers 125
article thumbnail

Tesla must commit to buying $500M of local parts in India before its tax cut request can be considered: report

Teslarati

That is, at least, if Tesla would be open to purchasing $500 million worth of domestic auto components from India. A commitment to purchase $500 million worth of auto components from India would be a notable move for Tesla. This is extremely high, especially compared to the 15-30% import duties on parts that are shipped for assembly.

India 98
article thumbnail

Proposed Changes to Federal EV Tax Credit – Part 2: End of the Manufacturer Sales Phaseout

EV Adoption

In the Clean Energy Act for America (CEAA) proposed legislation, this per manufacturer threshold would be eliminated and replaced with an industry-wide phaseout based on reaching 50% EV sales share. In part 1 of this series we provided a high-level summary and handy table of the 9 key proposed changes to the federal EV tax credit.

article thumbnail

California cumulative PEV sales at 13.4% of 2030 goal; true ZEVs at 7.6%

Green Car Congress

As part of California’s AB 32 climate change program, Executive Order B-48-18 administratively created a goal of 5 million zero-emission vehicles (ZEVs) on California roads by 2030. Using this more flexible interpretation that includes both true ZEVs and combustion PHEVs, total PEV sales since 2009 account for 13.4% million by 2025.