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Stellantis executive departures have dealers concerned

Teslarati

Following the departure of four high-profile executives at Stellantis North America, some dealers are growing concerned about the company’s direction. Additionally, Jason Stoicevich left after just two months as the Vice President of the company’s U.S. “So it begs the question: What’s causing that? .

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VinFast’s (VFS) global EV dealer network grows following new agreement in Middle East

Baua Electric

Following recent Q4 2023 results that relayed a miss on annual delivery targets, Vietnamese EV automaker VinFast continues to bolster its global presence with the help of distribution specialists. Today, VinFast and a local dealer network in the Middle East signed an agreement to bring the former’s EVs to the region.

Dealers 52
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VinFast signs first dealer agreement in the Middle East

Teslarati

VinFast signed its first dealer sales agreement with Bahwan Automobiles Trading LLC (BAT) in the Middle East. Under the agreement, VinFast electric vehicles (EVs) will be distributed in the Oman market through its official dealer, BAT. The post VinFast signs first dealer agreement in the Middle East appeared first on TESLARATI.

Dealers 101
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Vinfast adds US dealer franchises, as EV deliveries lag targets

Baua Electric

The first of the new dealerships is expected to open later this month, according to a Vinfast press release. The additions will give the company 18 franchised dealerships in seven states—North Carolina, New York, Texas, Florida, Kansas, Connecticut, and Kentucky—since the start of a pivot to a dealer model last year.

Dealers 52
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Velocity truck rental adds 47 high-speed truck chargers to California dealer network

Baua Electric

Velocity truck rental is doing its part to help commercial fleets electrify by energizing 47 high-powered charging stations at four strategic dealer locations across Southern California. The new Velocity Truck Rental & Leasing (VTRL) charging network isn’t some far-off goal being announced for PR purposes. And they’re doing it now.

Dealers 52
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GM will offer U.S. Buick franchise dealers buyouts

Teslarati

General Motors said that it will offer all of its Buick franchise dealers in the U.S. Global Vice President of Buick and GMC, Duncan Aldred, told WSJ that shifting to EVs will require significant investments by Buick dealers. Buick franchise dealers buyouts appeared first on TESLARATI. DTC is happening.

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Buick dealers in rural areas move toward buyout instead of EV adoption

Teslarati

Buick dealers in rural areas are moving in favor of buyouts from General Motors instead of shifting toward EV adoption, dealerships said. While GM is set on selling only zero-emission vehicles by 2035, Global VP of Buick and GMC Duncan Aldred said some franchises might not want to move toward EVs.

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