Carmakers face a crossroads as they work to fit auto dealers into their EV plans
Publishing timestamp: 2023-01-28 16:58:05
Summary
Automakers are trying different approaches to bring dealers along with them as they transition to electric vehicles. Honda is moving more vehicles sales online, while Ford and General Motors are asking dealers to opt into investment-heavy upgrades to traditional car lots. Dealers are worried about the cost and timing of the upgrades, while Toyota Motor has no plans to overhaul its franchised dealership network.
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Keywords: toyota motor corp, transportation, business news, autos, tesla inc, business, general motors co, apple inc, ford motor co, honda motor co ltd, breaking news: business, retail industry,
Source: https://www.cnbc.com/2023/01/28/ev-sales-automakers-dealers.html