Empty dealer lots, above-sticker prices and online sales—supply-chain issues and a shift toward electric vehicles have accelerated changes in the car-buying process. We visit a car dealer to see how consumers and sellers are adapting and what changes might be here to stay.
Photo: Adam Falk/The Wall Street JournalGeneral Motors and Ford are doing what they can to reassure investors they will have enough electric-vehicle batteries to take on Tesla in the coming years. True security of supply, though, is shaping up to be a long-term challenge.on Tuesday. One was with Korean chemicals giant LG Chem for five million EVs’ worth of so-called cathode active materials , which make up about 40% of the cost of battery cells. The other was with U.S.
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GM to “Limit” Warranties and Ban Buyers to Combat Z06 and Hummer EV FlippingIt is the company's most aggressive move yet to fight early reselling of its most exciting new models. They could build more vehicles and wouldn't have that problem. It isn’t about flipping. That’s a convenient excuse. The Z06 is an all new engine design and when it breaks they don’t want buyers to just dump the POS. Buyers will likely be stuck with long waits for repairs and no choice but to deal with it. Makes total sense to punish the consumer chevrolet GMC CorvetteRacing corvettemuseum versus dealers charging ADMs all these years and continuing to do so. If you’re going to do this let’s see some discounts on these overpriced cars.
Source: RoadandTrack - 🏆 577. / 51 Read more »
GM to “Limit” Warranties and Ban Buyers to Combat Z06 and Hummer EV FlippingIt is the company's most aggressive move yet to fight early reselling of its most exciting new models. They should also cut off dealers who sell the cars to themselves and then flip them immediately gm
Source: RoadandTrack - 🏆 577. / 51 Read more »