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Electric Vehicle Trends 2024: Boom or Bust Future for EVs 2024

Jato

While major European original equipment manufacturers (OEMs) have announced plans to introduce more affordable BEV models, these offerings may take time to materialise. This trend is likely to continue given the weak economy, high financing costs, and general market uncertainty, which is putting off both potential private and business buyers.

Retail 111
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Companies seek cure for profit-wrecking EV values

Autocar

Stable used car values have become critical to new car sales in that they determine finance costs, so the continued weakness in EV prices is also hurting car companies as they look to increase the percentage of zero-emission cars they sell. Or they shore up those values by holding firm on pricing, losing them customers. “We

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Packed house for biggest CADEX event ever

Canadian Auto Dealer

The event was emceed by Niel Hiscox, publisher of Canadian auto dealer , who also moderated panel discussions, fielded questions from attendees, and delivered a presentation on customer experience by the Clarify Group — an automotive consulting practice where he is president. Can manufacturers succeed in getting involved in retail?”

Retail 98
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Can I buy a car if I’m a few hundred dollars short?

Shawn Ryder

Many dealers are willing to work with customers to close the sale: Discount Offers: Inquire about any discounts or promotions that might be available. Look into alternatives that might be more affordable while still meeting your needs: Different Make/Model: Consider similar vehicles from other manufacturers with lower price points.

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Boom or bust: what’s the future for EVs in 2024?

Jato

While major European original equipment manufacturers (OEMs) have announced plans to introduce more affordable BEV models, these offerings may take time to materialise. This trend is likely to continue given the weak economy, high financing costs, and general market uncertainty, which is putting off both potential private and business buyers.

Retail 52