The Truth About Cars

FEBRUARY 8, 2024

Last week, Ford CEO Jim Farley asked a group of dealers for some open and honest feedback while promising to spend the next few weeks visiting showrooms. However, the latest from the North American Dealers Association (NADA) meeting makes it sound like the relationship may still be dicey. This isn’t exclusively a Ford problem, however.

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Dealers Ford Las Vegas Conversion 99

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.

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Dealers Ford North Carolina Sale 96

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 84

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 first store is expected to open by mid-2024, and vehicle sales will start soon after.

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Dealers Oman Vietnam Automobile 73

Green Car Reports

DECEMBER 29, 2023

—starting in the state where the company also plans to build a factory. While Vinfast already has a few company-operated showrooms, its first franchised dealership opened this week in Cary, North Carolina, in partnership with the Leith Automotive Group. Vinfast will use franchised dealerships to sell cars in the U.S.—starting

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North Carolina Dealers Sale Building 144

CleanTechnica EVs

DECEMBER 6, 2022

Some Ford dealers and state dealer groups are pushing back against the company's plan for selling electric cars.

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Dealers Ford Sale Electric Cars 115

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

Baua Electric

APRIL 24, 2024

dealerships, but a recent report suggests the EV firm may be falling behind on sales targets. 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. is the VF 8 electric SUV.

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The Truth About Cars

MARCH 6, 2024

Whether it’s the Altima or Rogue, Nissan has long relied heavily on fleet sales, and the company’s most recent sales numbers show that the habit hasn’t died yet. A whopping 44 percent of its February 2024 sales, or around 40,000 vehicles, went to fleets , so get ready to be a temporary Nissan driver the next time you rent a car.

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Nissan Sale Dealers Fleet 105

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.”

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Dealers Ford Price North America 145

Green Car Congress

JUNE 4, 2021

Ford electrified vehicle sales grew 184% in May, achieving a new electrified vehicles sales record of 10,364 vehicles. Explorer Hybrid sales also had a big increase of 132% over a year ago on sales of 1,156 SUVs. Explorer Hybrid sales also had a big increase of 132% over a year ago on sales of 1,156 SUVs.

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F-150 Ford Sale Escape 315

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 97

Green Car Congress

AUGUST 8, 2016

Karma Automotive’s planned distribution strategy will use both independent dealers and also company owned brand-experience centers to sell and service the new high-end Revero plug-in hybrid. The company said it has been curating best-in-class dealers in key markets in preparation for the Revero going on sale later this year.

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Karma Dealers Plug-in Atlanta 150

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

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 138

Teslarati

MARCH 29, 2024

BYD set lower sales growth goals for 2024, warning of a looming price war and overcapacity in Mainland China’s electric vehicle (EV) sector. According to SCMP , Wang told investors that the company’s expects deliveries to top at 3.6 Tesla’s factory in Shanghai is the company’s main export hub.

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BYD Price Sale Vietnam 108

Green Car Congress

APRIL 22, 2021

EV technology developer Battle Motors has acquired commercial vehicle OEM Crane Carrier Company. Crane Carrier Company (CCC) has been manufacturing commercial vehicles for 75 years and is based in New Philadelphia, Ohio with 180 sales and service dealers throughout North America. Battle One.

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Motor Motors Motoring Companies 259

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.

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Dealers Honda Parts Sale 102

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. Net losses for the company in 2022 were also up, however, to $15.2

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Companies i-MiEV North Carolina Dealers 52

The Truth About Cars

MARCH 18, 2024

The Tesla Model Y is a wildly popular EV on the global stage, but the automaker is still looking for ways to boost sales and keep it relevant. Without a dealer network to act as a financial buffer between it and buyers, Tesla’s numbers look worse the more vehicles it has sitting in inventory.

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Price Sale Tesla Purchase 110

Green Car Congress

MARCH 14, 2021

According to President and Founder Tony Fairweather, the financing allows SEA Electric to accelerate its global sales efforts and further utilize its proprietary Sea-Drive 120b battery power system, while strengthening the delivery and distribution transportation segment for vehicles that operate in urban and metropolitan areas.

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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”.

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Dealers Karma Mexico Price 81

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. Currently, several states ban direct-to-consumer sales and Tesla is suing Louisiana to overturn that ban.

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Buick Dealers GM General Motors 101

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. North American battery electric vehicle sales volume is estimated to range between 1.4

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Electric Vehicles Miles Companies Vehicles 247

The Truth About Cars

JUNE 16, 2023

Dealer franchise laws are controversial at best and downright divisive in most cases, but they remain a significant force in the automotive industry despite the political noise surrounding them. & As Inside EVs pointed out, the bill’s language prohibits direct-to-consumer sales by automakers. .&

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Florida Auto Sale Dealers 105

Baua Electric

JANUARY 5, 2024

Fisker on Thursday said it would add franchised dealerships alongside company-owned showrooms, pivoting away from the pure direct-sales model previously discussed. “We are evolving our business model and intend to add as many as 50 dealer partners in the U.S. Tesla made direct sales part of the EV-startup template.

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Fisker Sale Dealers North Carolina 52

The Truth About Cars

DECEMBER 26, 2023

General Motors has issued a stop-sale order for the all-electric Chevrolet Blazer. The automaker is telling dealers to pause sales so it can address problems with charging and the infotainment system. Three days later,] we took it to the dealer. As of yet, no formal recall has been announced.

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Sale General Motors Hummer Dealers 122

Green Car Congress

AUGUST 5, 2021

Overall, Volvo Cars reported global sales of 56,883 cars in July, down 8.7% The decrease was mainly a result of lower sales numbers in Europe, as well as an unusually strong global sales performance in July last year, when dealers started to open for deliveries after Covid-19 lockdowns. to 75,329 cars.

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Volvo Europe Sale Cars 199

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. As part of the agreement, BAT will establish and operate 13 VinFast stores and service centers over the next three years, with initial sales in the Middle East commencing in mid-2024.

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Dealers Oman United Arab Emirates Global 52

CN EV Post

MARCH 29, 2023

China's policy on extending the sales period for vehicles built to the 6a emissions standard may be announced soon, National Business Daily reported today, citing Shen Jinjun, president of the China Auto Dealers Association (CADA), as saying at a forum. A study covering nearly 100 auto dealer groups showed that nearly 98.89

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Standards China Emissions Sale 129

The Truth About Cars

FEBRUARY 20, 2024

The Chevrolet Blazer EV has seen a stop-sale in recent months while the automaker gets its ducks in a row, and now, we’re talking about the GMC Canyon and Chevrolet Colorado. GM voluntarily paused sales of its popular midsize trucks to fix issues with their software.

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GM Sale Colorado Chevrolet 96

Green Car Congress

SEPTEMBER 2, 2021

—Klaus Zellmer, Board Member for Sales and Marketing at Volkswagen. In addition, Volkswagen will be launching its online leasing and sales offerings in Germany toward the end of 2021. family, but the platform will later be made available to dealers to offer combustion engine and hybrid vehicles as well.

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Germany Dealers Maintenance Sale 302

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. Dick Garber, who runs Garber Buick in Michigan, also said in the report that GM made him a “generous and fair” offer and doable in terms of the sales figures his dealership pulls in.

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Buick Dealers GM Detroit 79

Electric Vehicles India

MARCH 25, 2023

Tata Passenger Electric Mobility (TPEM), the Tata Group’s flagship auto company, will enhance its EV channel strategy. Due to the consumer preference for powertrains, industry-wide sales of electric vehicles tripled in 2022. The company plans to launch showrooms in six to 12 months.

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Motor Motors Motoring Sale 85

Teslarati

FEBRUARY 27, 2024

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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Sale United States Price Washington 99

Clean Fleet Report

NOVEMBER 28, 2023

EV inventories are at all-time highs, and traditional dealers are concerned about their bottom lines, especially since they have had to make large investments in capabilities to sell and service EVs. Moreover, Tesla, Lucid, Rivian and others are eschewing the traditional dealer model and selling direct to consumers. In the U.S.,

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Future Auto Companies Connect 85

Baua Electric

JANUARY 29, 2024

Hyundai’s IONIQ 5 is already a top seller at some dealers. Hyundai’s IONIQ 5 is a top-selling EV “If I had to describe Hyundai right now in two words, it would be growth and investment,” Kevin Reilly, chairman of the Hyundai National Dealer Council, explained (via Automotive News ). Hyundai said 99.9%

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