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Mercedes-Benz bins new EV platform after slow sales – report

CarExpert

Mercedes-Benz recently softened its electric vehicle (EV) sales goals , and now it has reportedly cancelled one of its next-generation EV platforms. Mercedes-Benz will reportedly continue development of the related MB.EA German publication Handelsblatt reports the MB.EA It was reportedly set to debut in 2028. As to why MB.EA

Sales 111
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Tesla’s Design Boss Says We Should “Stay Tuned” For $25,000 EV

Carscoops

A recent report indicated Tesla was halting development of the Model 2. A $25,000 Tesla will be crucial for the brand to reach Musk’s lofty sales goals. Late last week , a report was published by Reuters claiming that Tesla had ended the development of its mass-market EV.

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Tesla walks back another big goal

CarExpert

Electric vehicle giant Tesla may have backtracked on ambitious sales goals which would have seen it comfortably become the world’s largest carmaker by the end of the decade. Since 2020, Tesla CEO Elon Musk has claimed the brand was aiming to sell 20 million vehicles annually by 2030.

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The Top 10 Skills of a Successful Automotive Sales Manager

Auto Alert

The basic job duties of an Automotive Sales Manager are overseeing the sales activities of a car dealership’s sales department, including training sales staff, developing a departmental strategic plan, and ensuring sales targets and customers’ expectations are met.

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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

These results are consistent with the declining sales growth in EVs – through June 2024, EV sales growth is down 84% compared to 2023. Days’ supply of new vehicles is expected to normalize at 60-90 days in the next 12 months say 70% of respondents, up from 38% in 2023. 14% of respondents say the dealer will be the primary owner.

Retail 79
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YOU HAVE A BDC BECAUSE IT’S WHAT YOU WERE TOLD TO DO—BUT IS IT DOING OK OR AMAZINGLY WELL?

Dealer World

Your business development center is the lifeblood of your dealership. Between channeling leads to your sales teams, setting appointments with customers, and staying ahead of customer needs, there isn’t a corner of your business it doesn’t impact. Lower tiers each have strategies to develop them.

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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. Eighty-one percent of OEM executives believe the transition to EVs will be slower than originally planned. 14% of respondents say the dealer will be the primary owner.

Sales 52