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

Drive.com

On that basis, the Group estimates most automakers lose around $US6000 ($AU9000) on each electric vehicle they sell for $US50,000, after accounting for customer tax credits. Using US pricing, only one electric model available today is ticking most consumers’ boxes – the Hyundai Ioniq 6 , which starts from $US42,450 before on-road costs.

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How a $1.05 Billion Loan Could Supercharge EVgo’s Charging Network

Automotive Addicts

A Major Boost for EVgo This conditional loan guarantee is a lifeline for EVgo, a company that’s currently facing challenges related to high capital costs. Jigar Shah, head of the Department of Energy’s Loan Programs Office (LPO), emphasized that this financial support will enable EVgo to enhance its customer service.

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Protect your valuable inventory

Canadian Auto Dealer

CADA-backed technology helps dealerships manage their lots and recover stolen vehicles W ith the rising tide of stolen vehicles plaguing dealerships across the country, dealers need help protecting their inventory and recovering stolen vehicles. The technology platform works on several levels.

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Can I lease a new Honda Civic Sport without a sign-on?

Shawn Ryder

Leasing a new vehicle like the Honda Civic Sport is a popular choice for many car enthusiasts, particularly for those who wish to enjoy the latest technology and features without committing to full ownership. A sign-on fee is an upfront cost that some dealerships and leasing companies request when you sign your lease agreement.

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Can I adjust the down payment on a lease?

Shawn Ryder

However, the down payment, also referred to as a capitalized cost reduction, is the initial amount you pay upfront to lower your monthly payments. You can explore more about innovative payment options on our [Flexible Payment Options for Customers]([link] page. Can You Adjust the Down Payment on a Lease?

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

Autocar

Dealers need to be increasingly ‘omnichannel’: integrating all customer routes to the dealers physical or virtual front door, so that consumers get a seamless experience whichever digital or physical channel they’re using. The customer must have all the tools to conduct almost every part of their journey from the comfort of their sofa.”

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