Dealers, buyers need guidance on EV tax credits
The availability of a credit that carries fewer eligibility restrictions for leasing than for buying could help consumers now, panelists said Thursday at Automotive News Retail Forum: NADA......»»
Ill. appeals court blocks floorplan collection amid fraud allegations
A floorplan lender remains blocked from attempting to collect about $2.8 million from an Illinois dealership and its owners in a dispute involving allegations the bank participated in a fraud scheme by store employees behind the dealers' backs......»»
New IRS e-filing rule for cash transactions in effect for dealers
Dealerships that file 10 or more of certain tax forms — such as W-2s and 1099s — had to do so electronically for the 2023 tax year. They also had to go digital with Form 8300, which retailers use to report large cash purchases......»»
U.S. issues over $580 million in advance EV tax rebates to auto dealers since Jan. 1
The U.S. government has reimbursed auto dealers for more than $580 million in advance point-of-sale consumer electric vehicle tax credit payments since Jan. 1, the Treasury said on Friday. .....»»
Fisker"s few dealers remain upbeat about the struggling EV brand
Phil Harrison, dealer principal of Fisker Indianapolis, said one client traveled from Colorado to pick up his Ocean crossover. ‘The feedback from Ocean customers has been overwhelmingly positive,' he said......»»
AI can help dealers boost customer service, make financial decisions
Dealers are using AI to enable their systems to aid in financial decisions, said Rich Sands, CEO of Stella Automotive AI......»»
Corporate climate pledge weakened by carbon offsets move
The world's main benchmark for vetting corporate climate action has been accused by its own staff of "greenwashing" after allowing businesses to use carbon credits to offset pollution from their value chains......»»
This Garmin GPS running watch is 38% off right now
The Garmin Forerunner 745 is the perfect running watch for active types who also need some guidance. It's on sale right now......»»
iPhone 16 Plus Color Options Leaked
We’re still months away from Apple’s iPhone 16 launch, but a leaker has given prospective buyers an early look at the potential color options for the iPhone 16 Plus. According to Chinese leaker Fixed Focus Digital, the iPhone 16 Plus will.....»»
New Mexico EV mandate will remain in place, despite opposition from auto dealers
The New Mexico Automotive Dealers Association and Garcia Automotive Group have opposed the state's EV mandate to adopt California's zero-emission vehicle rules......»»
Nissan and its dealers upgrade home shopping platform
About two-thirds of the brand's 1,079 U.S. dealers have signed on for the at-home buying tool that allows consumers to shop for a vehicle, complete the paperwork for purchase and take delivery without stepping inside a brick-and-mortar store......»»
Dealerships owned by Ray Brandt trust sell to six buyers
Six groups and dealers purchased 13 dealerships and six collision centers owned by the Ray Brandt trust......»»
XREAL is Offering its AR Glasses with a Pair of Soundcore Earbuds
The promo runs from April 2 to 23 for buyers in the US. The post XREAL is Offering its AR Glasses with a Pair of Soundcore Earbuds appeared first on Phandroid. While smartglasses might be seen as some as expensive pieces of tech, there are.....»»
RIVIAN: Q1 deliveries rise 71% to 13,588, ‘in line" with its forecast
The EV maker reaffirmed its guidance for annual production of 57,000 vehicles for the 2024 calendar year, but didn't break down first-quarter sales by model......»»
Toyota to pay its Japanese dealers support for every employee
Starting this month, Toyota will tap into its record profits to pay dealers in Japan a monthly stipend for every person they employ......»»
All-cash home buyers pay 10% less than mortgage buyers, study finds
Owning a home has long been considered a crucial way to build wealth, but making such a purchase has become increasingly difficult for many residents. In addition to steep housing prices and high interest rates, there have been a growing number of al.....»»
Rivian Q1 deliveries rise 71% to 13,588, ‘in line" with its forecast
The EV maker reaffirmed its guidance for annual production of 57,000 vehicles for the 2024 calendar year, but didn't break down first-quarter sales by model......»»
Some would-be Tesla buyers step back as Elon Musk"s reputation dips
Caliber's "consideration score" for Tesla fell to 31 percent in February, less than half its high of 70 percent in November 2021 when it started tracking consumer interest in the brand......»»
This Deal gets you Samsung’s Galaxy Tab A9 Plus with $50 Off!
The Galaxy Tab A9+ is currently on sale at the moment, with up to 19% off its usual retail price. The post This Deal gets you Samsung’s Galaxy Tab A9 Plus with $50 Off! appeared first on Phandroid. For buyers after a premium tablet,.....»»
EV buyers want SUVs and sedans, not minivans or trucks, survey says
There's also a wide spread when it comes to acceptable range, Edmunds found. Enlarge / Edmunds surveyed 300 car buyers who were considering a new EV in January 2024. (credit: Getty Images) There is a significant mismatch.....»»
CDK hopes to boost consumer experience through better software links
The longtime DMS provider said its Automotive Commerce Collab will work regardless of what software dealers use to operate their businesses......»»