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Ford Asks Dealers To Press Pause On EV Investments

Carscoops

” Beyond the EV program, Ford plans to implement immediate, near-term, and long-term changes in response to dealer feedback. These changes aim to simplify and reduce complexity in various business aspects, such as floorplan assistance and Ford Credit policies.

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

Full Path

For dealerships, Higher inventories and rising floorplan costs are eating into profit margins, creating a challenging environment for automotive retailers. By clearing out excess stock through leases, dealerships can lower their floorplan expenses. 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. Perhaps there is a clear link between the substantial percentage of vehicles in subscription/long-term rental service and the growth of EVs.

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