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

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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.

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Vinfast adds US dealer franchises, as EV deliveries lag targets

Baua Electric

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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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. million units in March 2020, down by 39% from March 2019. million units.

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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. In June 2022, Buick announced plans to go all-electric by 2030 starting with a crossover SUV in 2024. Global Vice President of Buick and GMC, Duncan Aldred, told WSJ that shifting to EVs will require significant investments by Buick dealers.

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Toyota’s compact SUV gamble with the Taisor | Autocar Professional

Baua Electric

Their current share for FY24 rose to 5.3%, according to the latest figures from the Federation of Automobile Dealers Associations of India (FADA). With SUVs commanding a significant share of overall wholesales, Toyota faces immense pressure to deliver a compelling product that resonates with Indian consumers.

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Volvo delays EX30 SUV due to software glitches

Baua Electric

Volvo EX30 Outland edition in Chrystal White (Source: Everland Customs) EV drivers looking to get behind the wheel of their new Volvo all-electric SUV EX30 may have to wait a bit longer as Volvo works to resolve some software glitches before delivery – the second time a Volvo EV launch has been delayed due to software. million sales by 2025.

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