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

Drive.com

According to Inside EVs , historically the average level of profitability from mass-market internal combustion-engined vehicles (ICE) is around 10 per cent, but add in other costs such as an EV’s battery, the e-powertrain and additional electronics and upgrading factories and quickly that number starts to fall into the red.

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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. This program, which has roughly $70 billion in loan authority, plays a pivotal role in supporting green technologies.

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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 learn more about current leasing trends at our [Emerging Technologies Shaping the Future of Automotive Marketing]([link] page, which provides insights into general market tendencies.

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

Autocar

Questions remain over who will bear certain brand costs, such as the cost of demo vehicles, training and gross margins. Equally, the significant capital cost of the agency model could discourage manufacturers, and make them think again.

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