Teslarati

FEBRUARY 29, 2024

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 88

Dealers Oman Vietnam Automobile 88

Teslarati

NOVEMBER 28, 2023

Ford’s Model e EV certification program, which was announced last year, has attracted its own fair share of critics from the automaker’s dealers. Since the program was announced, hundreds of dealers have reportedly opted out of the Model E program despite initially opting in for the initiative.

Dealers 87

Dealers Ford F-150 Legal 87

Baua Electric

APRIL 24, 2024

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.

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Dealers North Carolina Kansas Connecticut 52

Teslarati

SEPTEMBER 10, 2022

Ford Motor Company has a tough challenge for its dealers selling electric vehicles. The automaker wants its dealers to match Tesla’s lower selling prices, according to a report from Reuters. Ford told Reuters that it was “excited to meet next week with our North America dealers to grow and win together.”

Dealers 145

Dealers Ford Price North America 145

Teslarati

DECEMBER 21, 2023

Ford’s transition into the electric vehicle age does not seem to be going as smoothly as company executives expected. This means that about half of Ford dealers have opted to sell just combustion-powered and hybrid cars this coming 2024. EV adoption rates vary across the country, and we believe our dealers know their market best.

Dealers 113

Dealers Ford Buick Hybrid 113

Teslarati

DECEMBER 3, 2022

Ford is now facing pushback from dealers in numerous states over its EV sales plan. This certification is required for any dealer selling Ford electric vehicles. Depending on how much dealers choose to invest, they will receive a correlating number of electric vehicles to sell. million into EV charging infrastructure.

Dealers 98

Dealers Ford Sale Connecticut 98

Baua Electric

APRIL 10, 2024

Ideanomics -backed electric farm tractor builders Solectrac offered farmers quiet, clean, and reliable operation with mountains of torque – but the latest news out of California is all bad as the company faces eviction and its dealers abandon the brand. The news gets worse from there. million in 2021. million in 2021.

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Companies i-MiEV North Carolina Dealers 52

Electrek

JUNE 28, 2023

John Deere has announced the signing of a strategic partnership with EGO and its parent company Chervon. Under the agreement, EGO’s lineup of over 70 battery-powered lawn care products will soon become available at John Deere dealers.

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Dealers Production Batteries Battery 92

Teslarati

OCTOBER 15, 2022

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. But Honda dealers argued that they have a place in the future system.

Dealers 118

Dealers Honda Parts Sale 118

Teslarati

MARCH 20, 2023

Ford dealers are beginning to push back and drop out of the Model e electric vehicle sales program. It featured two “tiers,” one called “Certified,” which would give Ford locations the ability to service the company’s electric cars and would not require as much of an initial cost, which was $500,000.

Dealers 98

Dealers Ford North Carolina Sale 98

Electrek

FEBRUARY 8, 2022

Ford CEO Jim Farley says that the company is addressing the situation where dealers are charging ‘unreasonable’ markups on the F-150 Lightning electric pickup and other vehicles.

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F-150 Dealers Ford Companies 100

Electrek

MARCH 2, 2023

The Mississippi Senate has passed a bill that will stop electric car companies from opening their own dealerships in the state, ensuring that the state famous for being last place in many rankings of all 50 states remains there. more… The post Mississippi, 50th place in everything, passes bill to stop EV dealers appeared first on Electrek.

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Mississippi Dealers All-Electric Electric Cars 144

Teslarati

JUNE 7, 2023

Volkswagen of America CEO Pablo Di Si warned dealers ID. The VW of America CEO revealed discussions with dealers about the ID. The meetings include how the company will handle customer orders if demand is overwhelming. Di Si said he wants dealers to make money on the VW ID. Buzz price markups. Buzz is ongoing.

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Dealers America North America Price 98

Teslarati

FEBRUARY 22, 2023

Tesla and other companies selling vehicles directly to consumers are under threat in Florida, where two bills may disrupt how the automakers sell their vehicles. Now, Tesla is again facing threats from legislatures as two new bills could derail the company’s sales system in Florida. ” However, this could change.

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Florida Dealers Sale Tesla 98

CN EV Post

MARCH 9, 2023

Image from BMW China Weibo) As a large number of car companies in China are offering huge subsidies or price cuts, BMW is offering more than 100,000 yuan ($14,360) off its all-electric model, the i3, according to local media. The rumors and the dealers' moves come as the Chinese auto industry is staging a rare price war.

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Dealers BMW Price China 128

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”.

Dealers 80

Dealers Karma Mexico Price 80

Teslarati

SEPTEMBER 3, 2022

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. buyouts,the Wall Street Journal reported.

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Buick Dealers GM General Motors 111

Electric Cars Report

MARCH 9, 2023

In another key step to ready its 2,600-plus dealerships for the automotive industry’s electrification plans, Stellantis is partnering with Detroit-based company Vehya to support its U.S. dealers in preparation for increased electric-vehicle sales and service. auto dealers. “As

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Dealers Installation Detroit Maintenance 104

Green Car Reports

OCTOBER 20, 2021

The chemical company Ineos has already gone. A Citroën concept provides the building blocks for some creative EVs. dealerships embrace the idea of discussing EV charging with consistency. This and more, here at Green Car Reports.

Concept 166

Concept SUV Hydrogen Dealers 166

Green Car Congress

AUGUST 16, 2019

EFG Companies, the innovator behind the award-winning Hyundai Assurance program, has launched the new Motorist Assistance Plan (MAP) Electric Vehicle Protection. —John Pappanastos, President and CEO of EFG Companies. —Eric Fifield, Chief Sales Officer of EFG Companies. According to 2018 research from J.P.

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Electric Vehicles Miles Companies Vehicles 247

Teslarati

DECEMBER 22, 2022

Buick dealers in rural areas are moving in favor of buyouts from General Motors instead of shifting toward EV adoption, dealerships said. GM is not the only company attempting to push dealers to transition to predominant EV sales over the next decade. In September , GM said it would offer Buick dealerships in the U.S.

Buick 95

Buick Dealers GM Detroit 95

Baua Electric

JANUARY 26, 2024

Ford dealers can now use the 2023 Ford Mustang Mach-E as part of its rental car programs. According to online auto research firm CarsDirect , the 2023 Ford Mustang Mach-E is now included in Ford dealer rental programs. In addition, Ford said the move “provides an opportunity for non Model-e dealers to have EV loaners available.”

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Dealers Ford Cars SUV 52

Baua Electric

FEBRUARY 28, 2024

Today, VinFast and a local dealer network in the Middle East signed an agreement to bring the former’s EVs to the region. The post VinFast’s (VFS) global EV dealer network grows following new agreement in Middle East appeared first on Bauaelectric Auto News. FTC: We use income earning auto affiliate links.

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Dealers Oman United Arab Emirates Global 52

Teslarati

MARCH 7, 2022

Keith McCluskey, the Chevrolet National Dealer Council chairman, has his sights aimed high as the veteran automaker increases its efforts to break into the growing electric vehicle sector. The company also plans to launch 30 EVs worldwide through 2025. Don’t hesitate to contact us with news tips.

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Dealers Chevrolet Silverado Sierra 98

Baua Electric

JANUARY 4, 2024

has announced a new EV sales strategy that remains asset-light but can help boost sales of its flagship Ocean model. This morning, Fisker shared plans to adopt a network of approximately 100 dealer partners in addition to its direct sales model. Fisker Inc. Fisker Inc. ($FSR) Source: Fisker Inc. Fisker Inc.

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Fisker Dealers Sale Price 52

Clean Fleet Report

NOVEMBER 7, 2023

News: 2025 Toyota Crown SUV The Crown Lifted-Sedan Gets a Stablemate The Crown SUV roofline When Toyota introduced the 2023 Crown, we were curious why the company would reintroduce the Crown name with a sedan in a market dominated by SUVs. The post News: 2025 Toyota Crown SUV first appeared on Clean Fleet Report.

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Toyota SUV Los Angeles Japan 80

Baua Electric

JANUARY 29, 2024

Hyundai’s IONIQ 5 is already a top seller at some dealers. With new electric models rolling out, like the three-row IONIQ 7 SUV, Hyundai has the “whole gamut covered.” Hyundai IONIQ 5 (Source: Hyundai) Investing in EV growth Now, dealers are doubling down with “healthy demand for EVs,” according to Reilly. Hyundai said 99.9%

Dealers 52

Dealers Hyundai GM Kia 52

CleanTechnica EVs

JUNE 29, 2022

While auto manufacturers and dealers do their best to make sure technicians know how to work on every vehicle that the brand sells, they can’t possibly bring every technician up to the knowledge and skill level of the company’s top engineers and experts.

Dealers 97

Dealers Ford Auto Engine 97

Teslarati

MAY 3, 2022

Ford will begin shipping units of the new, all-electric F-150 Lightning to dealers in the coming days after the pickup received an “Ok-To-Buy” status on all trims. The company plans to build 600,000 EVs by the end of 2023. Ford plans to build 150,000 F-150 Lightnings every year. I’d love to hear from you!

F-150 118

F-150 Dealers Ford Silverado 118

Electrek

SEPTEMBER 14, 2022

Ford Motor Company has unveiled a new companywide strategy to its dealership network of nearly 3,000 locations. Ford dealers have been alerted that they have until October 31 to decide whether they will invest their own money into one of two “certified” EV tiers to partake in Ford’s Model e business.

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Dealers Ford Price Buy 100

Baua Electric

APRIL 17, 2024

TVS Motor Company (TVSM), a prominent player in the global two and three-wheeler segments, has announced its achievements in the J.D. My sincere appreciation for our dealer partners for the efforts they put in on a daily basis. ” The post TVS Motor Company wins top honours in J.D.

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India Motorcycles Motor Motors 52

Teslarati

FEBRUARY 7, 2022

Ford held its fourth-quarter and full-year earnings call last week, where CEO Jim Farley addressed, among other things, the price markups dealers were placing on electric vehicles. . Johnson estimated that Ford was leaving about $1,850 of profit in dealers’ hand for about $3.6 billion in profit with the current franchise system.

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Dealers Insight Ford F-150 98

Teslarati

AUGUST 12, 2022

Hence, Tesla’s lack of dealers ensures that customers are protected from the poor experience of paying over MSRP. Most startling from the report is that 80% of car buyers between May and June of this year paid at or above MSRP when they bought their new vehicle. Why I hate dealers. Just a cool $37,000 OVER MSRP.

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Companies Dealers Buy Ford 98

Teslarati

APRIL 1, 2021

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. Sander represents more than 700 auto dealers that operate over 2,300 franchises across the state.

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Illinois Dealers Motor Motors 99

Teslarati

MAY 9, 2023

Nikola said it produced 63 units of the Tre BEV in Q1, with 31 making their way to dealers. The company said it has orders from 12 companies that make up 140 total units of the FCEV Tre. However, financially the company did not perform well, and its net loss widened from $152.94 Nikola Corp. million to $169.09

Companies 98

Companies Production Hydrogen Arizona 98

The Truth About Cars

MARCH 6, 2024

That’s terrible news for its dealers, half of which are unprofitable, according to a source talking to Automotive News. The fleet sales help take some pressure off dealers to move a ton of excess inventory. Though those numbers don’t look great for Nissan, its leader of U.S. Image: Nissan] Become a& TTAC& insider.

Nissan 105

Nissan Sale Dealers Fleet 105

The Truth About Cars

MARCH 12, 2024

Recent posts on social media claim to feature a letter from a Jaguar dealer that tells an owner of the brand’s demise. User Chris Henry pasted text they claim is from a dealer that said, in part, “New reports suggest that JLR (Jaguar-Land Rover) is working towards spinning Jaguar off to sell it as a separate business unit.

Land Rover 116

Land Rover Dealers Chinese Price 116