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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

The survey offers a candid, on-the-ground view of auto retail’s opportunities and challenges in the near and medium term,” said Erin Kerrigan, Founder and Managing Director of Kerrigan Advisors. The results underscore the continuing evolution of the auto retail marketplace, particularly regarding the demand challenges associated with EVs.

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

AutoSuccessOnline

The survey offers a candid, on-the-ground view of auto retail’s opportunities and challenges in the near and medium term,” said Erin Kerrigan, founder and managing director of Kerrigan Advisors. The results underscore the continuing evolution of the auto retail marketplace, particularly regarding the demand challenges associated with EVs.

Sales 52
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Jaguar’s Canadian Dealers Threaten Lawsuit Over JLR’s EV Shift

Carscoops

According to industry insiders, Jaguar has planned to massively downsize its sales numbers from a target of 8,000 units to just 700 per year. The company also expects to transition to an online retail model. Tensions between JLR and its dealers have been mounting for some time.

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Jaguar facing legal action over EV rebirth

CarExpert

A shift upmarket will likely mean lower volume and fewer dealers, something Carscoops reports has drawn the ire of JLR’s Canadian dealer network and kickstarted intentions to file a joint lawsuit against the company. million) typically spent on upgrades.