Electrek

FEBRUARY 21, 2023

When one carmaker controls over 60% of the EV market, any price changes can reverberate through the industry. In this case, Tesla’s steep price cuts combined with gaining access to federal tax credits have sent shockwaves through the industry.

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Dealers Price Tax Credit Manufacturer 67

Teslarati

NOVEMBER 29, 2023

Over 3,000 car dealers sent a letter to President Biden expressing their concerns about his administration’s push toward electric vehicles (EVs). Car dealers have informed the President that enthusiasm for electric vehicles has stalled, hinting at concerns over the demand for EVs. But that enthusiasm has stalled.

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Dealers Cars Auto Electric Vehicles 113

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 103

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 93

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. Tesla and BYD appear to be on the same page.

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BYD Price Sale Vietnam 114

The Truth About Cars

APRIL 22, 2024

Dealers are often the first group to sound concerns when something changes in the auto industry, whether they’re justified in their complaints or not. The group placed an ad in the April 15 issue of Automotive News and has collected support from all 50 state and 21 metro-area dealer associations.

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Dealers Dodge Legal Cars 80

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 87

Baua Electric

APRIL 12, 2024

Photo: Kia Kia is paying its dealers up to $1,500 in flat payments for each EV sold in April, so buyers, there may be good prices to be had. Through April 30 , the Kia April 2024 Dealer Flat Cash Program will pay dealers $1,500 for every EV6 GT sold and $1,000 for every 2023 Kia EV6 sold. But what’s in it for you?

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Dealers Kia Solar Installation 52

CleanTechnica EVs

OCTOBER 31, 2021

A few weeks ago, Ken Ortiz, the president of the New Mexico Auto Dealers Association, penned a letter to the editor of the Albuquerque Journal. The letter, which came 2–3 weeks after Tesla opened its first facility in the state, defended auto dealers’ practices and claimed that they’re actually better for the EV transition.

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New Mexico Mexico Dealers Albuquerque 107

Teslarati

MARCH 7, 2022

Keith McCluskey, the Chevrolet National Dealer Council chairman, has his sights aimed high as the veteran automaker increases its efforts to break into the growing electric vehicle sector. “We want to beat Tesla on EVs. We want to meet demand,” McCluskey said. . The volunteers were tasked to inquire about electric vehicles.

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Dealers Chevrolet Silverado Sierra 98

Green Car Congress

JULY 18, 2023

Ford is cutting the prices on its entire F150 Lightning electric pickup truck lineup, with reductions ranging from $9,979 for the Pro to $6,079 for the top-of-the-line Platinum Extended Range. Customers will now have greater availability of their built-to-order truck as early as October at an MSRP closer to initial Lightning pricing.

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F-150 Ford Price Extended Range 150

Green Car Reports

MAY 26, 2023

With new lease rates in place ahead of Memorial Day, it's currently cheaper to lease a Hyundai Ioniq 5 or Ioniq 6 than a Tesla Model 3, reports CarsDirect. According to a Hyundai national dealer bulletin cited by CarsDirect, the 2023 Hyundai Ioniq 5 SE is now available to lease at $429 a month for 36 months with $3,999 due at signing.

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Hyundai Price Tesla Dealers 122

CleanTechnica EVs

AUGUST 20, 2023

automotive dealerships are still grappling with electric vehicle prices and inventory, following market leader Tesla’s many price reductions throughout the year.

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Price Dealers Affordable Standards 82

Teslarati

DECEMBER 28, 2022

New and used Tesla prices have plunged recently, giving buyers a unique opportunity. Tesla has been criticized by car buyers, government representatives, and investors alike for having prices too high for average Americans to afford, especially for a brand that prides itself on leading the EV revolution.

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Price Tesla Affordable Kia 98

Teslarati

APRIL 12, 2023

Tesla’s pricing strategy comes down to one key difference from its competitors, and as the automaker recently cut pricing for the fifth time this year, the method to its madness is being further examined. It is both car maker and car dealer. Dealer-related discounts rarely rise to become investor-level news.”

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Price Dealers Tesla Buy 102

Teslarati

DECEMBER 3, 2022

Ford is now facing pushback from dealers in numerous states over its EV sales plan. This certification is required for any dealer selling Ford electric vehicles. Ford’s EV Certification program has two main requirements; sell EVs at fixed prices and invest between $500,000 and $1.2 million into EV charging infrastructure.

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Dealers Ford Sale Connecticut 98

The Truth About Cars

APRIL 2, 2024

One factor that is coming into clear focus is pricing, as Ford recently found out with the Mustang Mach-E. In response to flagging demand, the automaker cut prices on the electric SUV and has seen an uptick in sales as a result, showing that cost remains a significant hurdle for many prospective buyers.

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Ford Price Sale Affordable 105

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 110

Baua Electric

MARCH 16, 2024

Tesla has announced that it will increase Model Y prices by $1,000 on April 1st, as a new end-of-quarter incentive. Tesla has been knowing to use “end-of-quarter incentives” to try to deliver as many vehicles as possible off of its inventory before the quarter ends. It makes sense. You then go back to what works.

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Price Tesla Buy Dealers 52

Teslarati

AUGUST 9, 2021

Tesla shares ( NASDAQ:TSLA ) are gaining momentum on Monday following a “Buy” rating and an updated price target from Jefferies. Houchois and his team noted that they expect Tesla in particular to benefit over its rival carmakers that are also moving into the electric vehicle segment. Disclaimer: I am long TSLA.

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Buy Price Tesla Dealers 144

Teslarati

SEPTEMBER 29, 2023

The Tesla Model 3 was the fastest-selling used car in September, averaging just 17 days on dealer lots, as per eBay Motors. Franchised dealers also saw a month-over-month improvement in the average number of days to sell vehicles from 32 to 29 days, their fastest pace so far this year. to £17,536.

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Motors Motoring Motor Dealers 130

EV Central

MAY 7, 2024

The automotive data analytics expert AutoGrab has released figures showing the BYD Atto 3 and Tesla Model 3 were the fastest-moving of any used vehicles through dealerships in March. days to sell in March through dealers. days to sell in March through dealers. There were 48 Tesla Model 3s sold and they took an average 20.1

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BYD Australia Tesla Cars 128

Green Car Reports

SEPTEMBER 24, 2013

State and national auto-dealer groups have been battling Tesla Motors for four years now. The dealers want to stop Tesla from selling its electric cars directly to buyers, and are working to change state laws so Tesla will have to conduct all sales through independently-owned third parties--which is to say, car dealers.

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Dealers California Tesla Price 144

EV Central

DECEMBER 30, 2023

As saturation strikes it becomes a buyer’s market and prices fall accordingly. There’s also a fair number of used EVs under a year old or as dealer ex-demos with heavy discounts over RRP. Only 250 sold – very few to private buyers at the silly $48,800 asking price – before being pulled in 2013.

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Hyundai Price i-MiEV Australia 104

Teslarati

OCTOBER 31, 2022

Car buyers looking for a used Tesla Model 3 in the UK may be in luck, as recent reports have revealed that the prices of the all-electric sedan in the second-hand market are starting to level off. As noted by Car Dealer Magazine UK , used vehicle prices in the UK dropped by just 0.5% But they are still priced quite high.

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Price Tesla Mercedes Dealers 61

The Truth About Cars

DECEMBER 29, 2023

Lost a bit in the holiday rush here at TTAC was a new Reuters story about Tesla blaming the buyers of its cars for parts failures. But from what I've seen so far, Tesla has a lot of explaining to do. In this case, Tesla is accused of blaming customers for abusing vehicles even though the company knew its parts had flaws.

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Tesla Dealers Juice GM 115

The Truth About Cars

NOVEMBER 8, 2023

Wholesale used-vehicle prices reportedly saw a modest dip through the end of last month. Cox Automotive’s Manheim Index, which tracks wholesale used-vehicle pricing for Manheim auctions, only dropped 2.3 Periods of more intense buying by dealers can drive wholesale price appreciation. percent in October.

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Price Cars Dealers Supplies 86

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.

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Australia Market Sale Tesla 89

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. This allowed showrooms to sell vehicles to customers, but it only applies to Tesla and not to Lucid and Rivian.

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Illinois Dealers Motors Motoring 99

Teslarati

JULY 17, 2023

Ford has cut F-150 Lightning prices by nearly $10,000 on some configurations of the all-electric pickup, while other variants are seeing price cuts by at least $6,000. However, the upgrades are already taking effect on the price of the vehicles. The XLT 311A was also cut by this amount and now starts t $54,995.

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F-150 Ford Price Extended Range 98

Teslarati

DECEMBER 19, 2023

The Los Angeles County Sanitation District recently launched its new Tesla Model 3 fleet. The Los Angeles County Sanitation Districts’ Fleet Manager, Dave Bolderoff, recently shared on LinkedIn that the agency purchased 22 Tesla Model 3 units. Bolderoff commented on Tesla’s efficient order and delivery process.

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Fleet Los Angeles Tesla General Motors 120

Teslarati

APRIL 30, 2024

The Chinese automaker beat Tesla in terms of volume deliveries in Q4 2023 but lagged behind the US electric vehicle (EV) manufacturer in Q1 2024. For comparison, Tesla’s deliveries also declined in the first quarter by 8.5% year-over-year. The Chinese automaker has also had a challenging first quarter.

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BYD Chinese Plug-in China 119

Baua Electric

APRIL 22, 2024

Kia and Genesis are two of the latest to slash EV prices with generous deals. Genesis is slashing EV prices with a $7,500 rebate of its own. Although the 2024 G80 Electrified is not eligible, Genesis did add a new entry-level Advanced trim with prices starting at $5,380 less than the previous model year.

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Kia Price Tax Credit Lexus 52

Baua Electric

APRIL 1, 2024

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. Even with the price cuts, the Mach-E’s turn rate reached 33%. billion last year.

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Affordable Ford Price F-150 52

Teslarati

APRIL 21, 2021

Ford is reportedly preparing to launch the ordering and pricing details of its Mustang Mach-E GT variant. According to sources who are familiar with the matter, Ford is communicating to dealers and EV Leads that the order bank, order guide, and pricing list for the Mach-E GT will open during the afternoon of Monday, April 26.

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Ford Price Dealers Building 122

Baua Electric

MAY 2, 2024

Chevy Blazer EV 2LT (Source: Chevrolet) Chevy is offering a $4,000 discount for owners and lessees of Teslas and other EVs for the 2024 Blazer EV but with some quirky conditions. All of that adds up to a nice price reduction for an EV with a base price in the mid-$50s. But here’s where it gets a little quirky. Get started here.

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El Paso Alabama San Antonio Virginia 52

Baua Electric

MARCH 4, 2024

Nissan is slashing prices on its first global electric SUV. The 2024 Nissan Ariya now starts at $39,995, with a lower starting price on all trims. Nissan cuts 2024 Ariya EV price Sales of Nissan’s first all-electric SUV in the US are heating up. Nissan cut Ariya prices by up to $6,000.

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Nissan SUV Price F-150 52