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The Vast Majority of OEMs are Making Contingency ICE Production Plans as EV Sales Miss Projections, but are Increasingly Optimistic about Health of US Auto Retail Industry

Dealer World

Additionally, while OEMs are more supportive of the dealership legacy sales model, a rising number expect to take a leading role in the customer relationship and data ownership. Just 14% of respondents project the legacy model, in which the dealer is the primary owner of the customer relationship, will remain.

Retail 79
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OEMs are Making Contingency ICE Production Plans as EV Sales Miss Projections

AutoSuccessOnline

These results are consistent with the declining sales growth in EVs – through June 2024, EV sales growth is down 84% compared to 2023. These results are consistent with the declining sales growth in EVs – through June 2024, EV sales growth is down 84% compared to 2023.

Sales 52