The Truth About Cars

APRIL 24, 2024

dealer network , giving it stores in several new areas and growing its footprint to 18 dealerships in seven states. With 18 stores in seven states and its corporate dealers in California, VinFast now has a surprisingly robust U.S. Though the automaker has a range of vehicle offerings in Vietnam, its only model on sale in the U.S.

Dealers 66

Dealers North Carolina Tax Credit Vietnam 66

Baua Electric

FEBRUARY 2, 2024

Dealers think the Biden administration’s EV policies are forcing the auto industry to move ahead of market demand, according to a new Automotive News survey. The publication’s 2024 Dealer Outlook Survey compiled responses from 208 U.S. car dealers and dealership managers. billion on EV infrastructure.

Dealers 97

Dealers Tax Credit Tax Mazda 97

CN EV Post

JULY 5, 2022

Louwman will open offline stores in several Dutch cities to provide a full range of sales and after-sales services for BYD's NEVs. The post BYD partners with local dealer to tap Dutch NEV market appeared first on CnEVPost. For more articles, please visit CnEVPost.

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BYD Dealers Market Store 98

EV Central

APRIL 16, 2024

While demand growth for EVs outstrips traditional petrol and diesel vehicles, buyers still have the upper hand in an Australian used electric vehicle market dominated by Tesla. That’s the findings from the Automotive Insights Report analysing March 2024 used car sales compiled by AutoGrab and the Australian Automotive Dealer Association.

Australia 91

Australia Market Sale Tesla 91

Green Car Congress

SEPTEMBER 26, 2020

The California Center for Jobs & The Economy has released an updated report ( earlier post ) on the progress of ZEV sales in the state during the first half of 2020, drawing on sales data from the California New Car Dealers Association (CNCDA). Sales nationally were down 23.5%. million by 2025. in H1 2019 to 5.8%

California 448

California Sale PHEV 2019 448

Teslarati

FEBRUARY 6, 2024

Volkswagen is suing a German car dealer for importing the China-exclusive ID.6 In 2022, German car dealer Gregory Brudny offered the Volkswagen ID.6 6 EV for sale to customers in Germany. 6 EV is produced in China by the FAW-VW joint venture and is meant to be sold exclusively in the Chinese car market.

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Dealers Germany Cars China 103

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.

Fisker 52

Fisker Dealers Sale Price 52

Electrek

OCTOBER 18, 2023

The next-generation BMW 5 Series is entering market availability globally, including the new i5 EV. The US will see the i5 Sedan arrive for sale in just a matter of weeks, before October’s end. more… The post BMW i5 will arrive at US dealers starting this month appeared first on Electrek.

Dealers 120

Dealers BMW For Sale Available 120

Green Car Congress

JANUARY 9, 2023

India’s sales of new vehicles totaled at least 4.25 Adding December’s sales volume reported Sunday by Maruti Suzuki, India’s largest carmaker, brings the total to roughly 4.25 from 2021, according to data from the Japan Automobile Dealers Association and the Japan Light Motor Vehicle and Motorcycle Association. million units.

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India Japan Auto Market 218

The Truth About Cars

FEBRUARY 1, 2024

According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. Others likewise said that it should be the market driving EV sales, not pressure from the government.& Electric vehicles are exciting.

Dealers 105

Dealers Auto Durango Tax Credit 105

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.

Dealers 52

Dealers North Carolina Kansas Connecticut 52

Baua Electric

JANUARY 7, 2024

Read more FADA is betting big on new car launches, positive consumer sentiments, high demand for SUVs, and improved availability of cars for short and long-term passenger vehicle sales growth in 2024. This comes after the Indian automobile industry registered sales of more than 41 lakh passenger vehicles in 2023.

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Dealers Auto Sale Cars 52

Baua Electric

JANUARY 31, 2024

EV sales will reach 8.0% new vehicle market this month, S&P Global Mobility has predicted. S&P expects this uncertainty to be a temporary speed bump to EV sales; in late 2023 it declared that it was doubling its U.S. EV sales forecast for 2030 due to the anticipated positive impact of IRA provisions.

Market 52

Market Sale Vehicles Tax Credit 52

Green Car Congress

MARCH 4, 2021

Sales of Ford’s Mustang Mach-E totaled 3,739 vehicles in its first full month on the market. With the fully electric Mustang Mach-E, Ford F-150 PowerBoost Hybrid and Escape and Explorer hybrids, overall electrified vehicle sales rose 56.1% Retail sales were up 7.9%. SUV sales were down 10.2% to 8,516 units.

F-150 321

F-150 Sale Escape Ford 321

Green Car Reports

DECEMBER 8, 2023

of new-vehicle sales in the U.S. But much recent discussion has focused on the increasing number of EVs on dealer lots, which is taken as an indication that EV demand is. Recent coverage of increasing EV inventories is missing the point, J.D. Power argues in a new report. EVs accounted for 8.2% through October 2023, up from just 2.6%

Market 163

Market Dealers 2020 Sale 163

Green Car Congress

SEPTEMBER 29, 2022

Pegasus has a dealerships network throughout the United States, including Creative Bus Sales, the nation’s largest bus dealership. Pegasus Specialty Vehicles has an agreement in place with Creative Bus Sales to support the sale and servicing of their vehicles.

Motor 485

Motor Motors Motoring United States 485

Green Car Congress

APRIL 30, 2020

Global vehicle sales totalled 5.55 This represents the largest year-on-year monthly decrease since 1980, when JATO Dynamics started to collect data—even surpassing the global financial crisis in November 2008, which saw a 25% decline in sales. Registrations fell in all 27 markets, but with varying severity. million units.

Europe 261

Europe Sale Market Global 261

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. Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley The top EV manufacturer forecasts for 2024 are hopeful. million units. year-over-year.

BYD 113

BYD Price Sale Vietnam 113

The Truth About Cars

APRIL 25, 2024

Nissan sales have languished in recent times, but the automaker has a turnaround plan that leans on improved products that will debut over the next several months. Automotive News obtained information from a recent Nissan dealer meeting that includes outlines for an updated Murano, Rogue, armada, and more.

Nissan 59

Nissan Sale Production Dealers 59

Baua Electric

MARCH 12, 2024

Vehicle-makers are establishing certification programs to make sure their dealers are prepared to provide a good experience to their customers as they make the transition to EVs. The Freightliner dealer network plans to have 100 dealer locations certified by 2025. We see it as our responsibility to support them on their journey.

Dealers 52

Dealers Charging North America USA 52

Green Car Reports

MAY 17, 2022

The Volkswagen Group kept dealers out of the loop ahead of the recent announcement of its Scout EV brand, Automotive News reported Monday. VW announced the Scout brand May 11, confirming plans for a North American-market electric pickup truck and SUV under a separate brand structure.

Dealers 147

Dealers SUV Sale International 147

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.

F-150 315

F-150 Ford Sale Escape 315

InsideEVs

MAY 17, 2023

Dealers were responsible for nearly one third of the total BEV sales in Q1 2023.

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Sale California Market Dealers 98

Green Car Congress

FEBRUARY 26, 2020

Consequently, only a portion of the vehicles being counted to meet the zero emission goal—roughly half based on current sales volumes—will in fact produce zero emissions when driven. Using this more flexible interpretation that includes both true ZEVs and combustion PHEVs, total PEV sales since 2009 account for 13.4%

California 269

California Sale Climate Change PHEV 269

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 96

Dealers Karma Mexico Price 96

CN EV Post

MARCH 9, 2023

A rare price stampede is taking place in the Chinese auto market. In the past two days, rumors have surfaced that BMW dealers are offering massive subsidies for the i3 in China, and that consumers who pay full cash for the car can even get the model for RMB 120,000 to 180,000, less than half the retail price.

Dealers 140

Dealers BMW Price China 140

Baua Electric

MARCH 5, 2024

Photo: Daimler Trucks North America Daimler Truck North America just launched a dealer certification program to ensure a “world-class” experience for its electric truck buyers. The goal is to certify 100 electric truck dealer locations by 2025. However, the certification is optional for dealerships.)

North America 52

North America Dealers America Solar 52

Teslarati

FEBRUARY 27, 2024

The Biden Administration is on track to meet its 2030 electric vehicle (EV) sales goal, said Energy Secretary Jennifer Granholm. She projected that the United States would see the “same kind of uptake” in the EV market this year as last year. Kelley Blue Book estimated that EV share in the US car market increased to 7.6%

Sale 109

Sale United States Price Washington 109

The Truth About Cars

JUNE 2, 2023

That said, the market seems to be healing, and some dealers now find themselves with too much inventory on hand. CarEdge recently released a report on the vehicles that sit on dealers’ lots the longest, and one Jeep model shows more than two years of supply.&

Dealers 98

Dealers Jeep Silverado Kia 98

Teslarati

FEBRUARY 5, 2024

California battery-electric vehicle (BEV) sales made up more than a third of all BEV sales in the U.S. last year, ahead of the state’s sales ban on new gas cars set for 2035. percent of BEV sales across the U.S. percent of BEV sales across the U.S. market share of BEVs ended the year at 7.5

California 126

California Sale PHEV Plugin 126

Electric Driver

NOVEMBER 16, 2023

The Sierra Club recently conducted a survey revealing that a staggering 66 percent of dealerships had no electric vehicles (EVs) available for sale. This raises the important question: what motivates some car dealers […] The post Why Some Car Dealers Resist Selling Electric Vehicles appeared first on Electric Driver.

Dealers 75

Dealers Electric Vehicles Sierra Vehicles 75

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. Today, VinFast and a local dealer network in the Middle East signed an agreement to bring the former’s EVs to the region. The Vietnamese automaker sees Oman as a new market that promises plenty of projected growth.

Dealers 52

Dealers Oman United Arab Emirates Global 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.

Price 111

Price Sale Tesla Purchase 111

Green Car Congress

MAY 10, 2022

More than 250,000 Californians have now received a financial Clean Fuel Reward at the point of sale when they purchased or leased a plug-in electric vehicle—an important milestone for this program after only 18 months since it began. Of the total rewards, 21.2%

Clean 317

Clean Cleaning California Sale 317

Plug in America

MARCH 11, 2022

On March 11, at the National Automobile Dealers Association (NADA) Show in Las Vegas, Plug In America announced that it is partnering with NADA and the Center for Sustainable Energy (CSE) to educate franchised auto dealerships nationwide on electric vehicles. said NADA president and CEO Mike Stanton.

Dealers 105

Dealers Automobile Plug-in America 105

CN EV Post

NOVEMBER 15, 2023

New change should bring the shift of entire marketing strategy. Dealer would have the power of managing sale staff, but most importantly, dealer would have pricing flexibility. But on the absolute dollar amount, I don't see NIO House as much of a burden. NIO is shifting focus from existing owner to non-owner.

Dealers 76

Dealers Price Sale Market 76

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 92