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Fisker scraps direct sales and turns to auto dealers for sales

Teslarati

Fisker is scrapping plans for direct sales to customers. The startup is now turning to auto dealerships for sales and services. We decided we would rather give that money to a dealer so that we could expand faster,” said Henrik Fisker, the CEO, President, and Chairman of the EV startup.

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Tesla direct to consumer sales bleed dealers of profit in California

Teslarati

A new report finds that Tesla accounted for roughly $700,000 in lost gross profit per dealer in California during 2022. One of the most substantial hurdles facing traditional automakers currently is their sales systems. Specifically, the 193,707 D2C EV sales, of which 97.1% What do you think of the article?

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Ford battles with dealers over EV sales plan

Teslarati

Ford is now facing pushback from dealers in numerous states over its EV sales plan. Ford is revamping its EV sales model , and the first step in doing so is its “EV Certified” program. This certification is required for any dealer selling Ford electric vehicles. million into EV charging infrastructure.

Dealers 98
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Survey: Dealers think Biden is moving too fast on EVs

Baua Electric

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.

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VinFast Announces New U.S. Dealers Across Several States

The Truth About Cars

dealer network , giving it stores in several new areas and growing its footprint to 18 dealerships in seven states. VinFast added 12 stores, with new dealerships in Connecticut and Kentucky, five new locations in Florida, and four in Texas. The company recently announced an expansion to its U.S. is the VF 8 SUV.

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Fisker pivots to hybrid strategy of direct sales plus dealer partners offering ‘no haggle pricing’

Electrek

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.

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Mercedes-Benz EQ models have been slow to sell, dealers report

Teslarati

Mercedes-Benz has seen the sale of its electric vehicles (EVs) increase significantly in the U.S. However, a new report shows that dealers have had difficulty keeping up with inventory levels for the automaker’s EQ lineup, with sales times for the EVs exceeding the luxury segment average. CEO of Mercedes-Benz U.S.,

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