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Ford CEO Jim Farley shares insights on “unreasonable” EV dealer markups

Teslarati

Ford held its fourth-quarter and full-year earnings call last week, where CEO Jim Farley addressed, among other things, the price markups dealers were placing on electric vehicles. . Johnson estimated that Ford was leaving about $1,850 of profit in dealers’ hand for about $3.6 billion in profit with the current franchise system.

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Nissan Dealership Handed Over 400 Charges

The Truth About Cars

On this Friday afternoon, we find ourselves adding yet another post to our ‘Dealers Behaving Badly’ tag. This time, some former employees at a Nissan dealer in North Carolina are on the hook for more than 400 charges. The latter likely refers to temp tags that seem to have once been given out by this place like Tic Tacs.

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Stellantis Continues Snubbing North American Auto Shows

The Truth About Cars

Stellantis says dealers can decide if they want to make an appearance at subsequent trade events while corporate takes a pass. At this time, our Toronto-area dealers have agreed to fund all display and activation costs pertaining to the Toronto auto show.” Image: Stellantis] Become a& TTAC& insider.

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Audi offers 22 kW AC charging option on e-tron

Green Car Congress

If desired, an electrician referred by the local Audi dealer will check the power supply and install the suitable technology as needed. Its Wi-Fi internet connection enables both control via the myAudi app and function updates. Audi recommends a three-phase, 400-volt outlet for optimal use of the charging system connect.

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Infiniti Launching Design Language at Pebble Beach

The Truth About Cars

In a cool nod to the brand’s history, quarter-scale design models from company archives – including Skyline design references – are planned to be on display publicly, marking the first time Infiniti has ever trotted out those items for public consumption. Images: Infiniti] Become a& TTAC& insider.

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California cumulative PEV sales at 13.4% of 2030 goal; true ZEVs at 7.6%

Green Car Congress

Additionally, FCEVs (fuel cell electric vehicles) also would count towards the ZEV total, but CNCDA (California New Car Dealer Association) data show total market share for these vehicles to date at around 0.1%. of the 2030 goal, notes a new report from the California Center for Jobs & the Economy. Combined, these were down a point to a 5.7%

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Opinion: Tesla Needs to Behave Better

The Truth About Cars

Indeed, the Reuters piece references safety problems at SpaceX. It's also worth noting here that Tesla, unlike other automakers, doesn't use an independent dealer network to sell or service its cars. Having worked in the dealer world, admittedly over 15 years ago, I can say this is probably true.

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