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As it turns out, car dealers seem to know even less than buyers do when it comes to electricvehicles , and they don’t really seem too keen on learning about them.
Mercedes-Benz electricvehicles are spending nearly three months sitting on dealer lots. Data shows that it took Mercedes dealers an average of 82 days to sell the automaker’s battery-powered EQ models , according to Automotive News. Read more.
New numbers about non-Tesla EV market share and how many dealerships are selling electricvehicles are showing just how much Tesla’s market edge has shrunk in the past few years, according to data compiled by iSeeCars.com. Read more.
Right now, electricvehicle sales are hitting a bit of a slowdown. Don’t get me wrong, the market is growing , but it’s not growing as fast as some may have predicted. We know automakers (for the most part) want to build EVs , and we know customers (for the most part) want to buy EVs, but what about the third party… Read more.
The pre-owned car market is still in a weird place. Some segments like electricvehicles have some hefty savings , but most pre-owned cars are still selling for inflated prices. If you happen to come across a used car that seems too good to be true, make sure the dealer can answer these questions. Read more.
A sucker walks into a new cardealership every minute. Dealership showroom floors are practically delivery rooms for freshly-born suckers. There are shiny new cars on the floor, and rapacious young sales professionals just waiting to lure you into something you can’t afford , don’t need, or otherwise shouldn’t own.…
Good morning! It’s Tuesday, July 16, 2024, and this is The Morning Shift , your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Read more.
A lot of car dealers don’t have much interest in selling EVs ; some are politically opposed to the idea on its face, some just don’t want to make the massive investment their brands are demanding to update their stores to EV readiness and some are just philosophically opposed to learning anything about products and… Read more.
The VinFast VF8 is a bad car , and with a base price of nearly $50,000, you can’t even make the argument that it doesn’t need to be fancy because it’s cheap. Despite that (and all the negative reviews that came from the press launch), VinFast decided to start selling its cars in the U.S. Or at least attempt to sell… Read more.
Fisker officially filed for bankruptcy last month, and despite a “going out of business” sale that saw prices of its Ocean EV slashed by thousands , the automaker still has a few thousand leftovers that didn’t sell. Fisker may have found a buyer for all those EVs and, as TechCrunch reports, it’s willing to let them go… Read more.
In 2024, car buyers got a very slight respite from the record-high car prices weve seen for almost half a decade now , and it seems like that trend will continue through 2025 thanks to dealers offering more and more cash on the hood of new cars.
Good morning! It’s Tuesday, August 13, 2024, and this is The Morning Shift , your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Read more.
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