Remove Buyer Remove Rebate Remove Supply Chain
article thumbnail

Clutch sees early signs of rebound for Canadian used vehicle prices

Canadian Auto Dealer

Concerns about future tariffs and global supply chain disruptions are also creating uncertainty in the market, prompting buyers to act now before prices climb further, said Clutch. The former is slowly phasing out its provincial EV rebates.)

article thumbnail

Should the next government continue PHEV and EV subsidies?

CarExpert

Specifically, we’re interested in financial incentives for buyers of electric vehicles (EVs) and plug-in hybrid vehicles (PHEVs), which have been offered for a while now, to encourage the adoption of more low- and zero-emissions by Australians. Marton Pettendy: No Buyers of all vehicle types should be treated equally.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

U.S. Government Issues $135 Million in Advance EV Tax Rebates Since Start of 2024

Automotive Addicts

This move, announced by the Treasury, marks a departure from the previous system where buyers could only claim tax credits on their vehicles after filing their tax returns the following year. electric vehicle supply chain, particularly reducing dependence on China.

Rebate 105
article thumbnail

Staggering scale of Chinese government EV subsidies revealed

CarExpert

Though these subsidies are based on conservative estimates, they cover factors such as buyer rebates, sales tax exemptions, infrastructure subsidies, research and development grants, and government procurement. These factors have essentially driven down the price for buyers, or allowed carmakers to get a head start in the industry.

Rebate 105
article thumbnail

The time is right for government EV incentives.

Motor Trader

The time is right for the government to introduce robust incentives to stimulate demand for EVs among retail consumers, which would provide essential support for automotive retailers while attracting new buyers who might not have previously considered an electric vehicle. While the gap is narrowing, it still creates a hurdle for many buyers.

Rebate 52
article thumbnail

Emerging Technologies Revolutionizing the Automotive Industry: What Dealerships Need to Know

Shawn Ryder

Government Incentives: Many regions offer tax rebates and incentives for purchasing EVs, making them more attractive to buyers. Promote these features on your website and social media platforms to attract tech-savvy buyers. Train staff on using these technologies to maximize customer interaction.

article thumbnail

Dealers praise Montreal dealers association Summit event

Canadian Auto Dealer

Bernard, who just arrived after a media blitz in Ottawa, where he was giving media interviews in reaction to the federal governments decision to shut down their iZEV rebate program for EV buyers, provided an update to dealers about some of the chaos going on in Ottawa on several fronts.