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Car makers losing $6000 on every electric car they sell – report

Drive.com

US report finds that added costs of making electric vehicles are making it hard for manufacturers to turn a profit. Car manufacturers are losing $6000 on every electric car they sell, according to a new report from the United States. The Tesla Model 3 runs a close second. There are, of course, some exceptions to this rule.

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Navigating Zero Down Car Leases

Your Car Buying Advocate

Key Terms to Understand for Zero Down Car Leases Two critical terms associated with leasing are: Capitalized Cost: This refers to the negotiated price of the leased vehicle. Reduced Repair Costs: Lease agreements often coincide with manufacturer warranties, mitigating the need for extensive repair expenses.

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The biggest challenges facing automotive retail in 2024 (and how to tackle them)

Autocar

The shift to electrification, the rise of a wealth of new challenger brands – especially the new industry giants from China entering the European and UK markets – the introduction of more complex connected vehicles and transformative legislation will pose big challenges for manufacturers and dealers alike.

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