article thumbnail

How have our expenditures on motor vehicles changed during the pandemic?

Green Car Congress

To provide a general context, I first looked at monthly changes in the total retail and food services sales excluding those at motor vehicle dealers, relative to the sales of the same type in February 2020. That was followed by analogous comparisons for the sales at motor vehicle dealers. February 2020. – – 18.5%.

Motor 186
article thumbnail

‘Stop looking FSD and Tesla,’ says Ford CEO

Teslarati

Tesla FSD Licensing update from Elon Musk: ‘We’ve had some tentative conversations, but ‘they don’t believe it’s real’ In comparison, Ford Blue’s pretax earnings are expected to reach about $7 billion to $7.5 In November 2023, Ford dealers were opting out of the Model e EV certification program. billion in its Model e EV.

Ford 140
article thumbnail

Study finds car dealerships pose significant barrier to EV adoption

Green Car Congress

In 126 “mystery shopper” experiences at 82 car dealerships across Denmark, Finland, Iceland, Norway and Sweden, the team found that that dealers were dismissive of EVs; misinformed shoppers on vehicle specifications; omitted EVs from the sales conversation; and strongly oriented customers towards gasoline and diesel vehicle options.

Iceland 231
article thumbnail

FTC Launches “Combating Auto Retail Scams” Rule

The Truth About Cars

The Federal Trade Commission (FTC) has announced the finalization of the new Combating Auto Retail Scams (CARS) rule designed to prevent auto dealers from utilizing bait-and-switch tactics and hidden junk fees. If consumers see that a dealer is complying with the CARS Rule, it adds a measure of confidence. That shouldn’t happen.

Auto 115
article thumbnail

Ford F-150 Lightning listed among slowest selling used vehicles

Teslarati

days on dealer lots. In comparison, iSeeCars’ data showed that the average used vehicle was spending just about 49.2 days on dealer lots. The all-electric pickup truck was listed by the vehicle data firm on its list of 10 slowest-selling used cars, with the F-150 Lightning spending around 78.4

F-150 100
article thumbnail

QOTD: Will New Product Boost Infiniti?

The Truth About Cars

Autoblog reports via Automotive News that Infiniti recently hosted about 200 of its dealers in the City of Angels, and the company showed two new ICE vehicles and two new EVs at the event. The two EVs appear to be a Q70 electric sedan that drew comparisons to the Tesla Model S and a midsize crossover. Or is it not enough?

article thumbnail

Ford Ranger Raptor Set for Q1 2024

The Truth About Cars

For comparison, a Ranger of any other trim is 75.5 The truck will be built at the Michigan Assembly Plant and is scheduled to be available at dealers in the first quarter of the 2024 calendar year. Its 17-inch wheels will be available with or without beadlock-style gear; the latter is an option. Total width is 79.8 inch track.

Ford 105