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Ford Asks Dealers To Press Pause On EV Investments

Carscoops

Ford dealerships across America have been asked to pause their EV investments as the company makes last-minute changes to its electric vehicle certification program. One concern raised was the heavy investment that the Blue Oval requires for dealerships to sell EVs, with some having to cough up $500,000 for training and equipment.

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The $740 Challenge: How Savvy Dealerships Are Turning the Tables

Full Path

In today’s automotive landscape, consumers and dealerships are caught in a complex web of economic pressures. Explore 2024 automotive market and leasing trends, with strategies for dealerships to navigate economic pressures and boost profitability. This flexibility can make leasing more attractive to a broader range of consumers.

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Micro-leases, subscriptions, long-term rentals, whatever you call it, will it become a third ‘sales’ channel?

Auto Remarketing

Whether you call it a micro-lease, a subscription, or long-term rental, flexible, turnkey vehicle access without any long-term commitment now dominates personal transportation in Europe. dealerships will be coming soon. And developments suggest that a larger presence in U.S. automotive retailers.

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Dealership diversification

Canadian Auto Dealer

For example, with consumers moving toward EVs as a substitute or an addition to their internal combustion engine vehicles, some dealerships are starting to stock chargers in their parts departments. It’s up to the dealership to vet who would be a good provider and a good fit for their particular vehicles. You have to do your research.