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auto sales

Scout’s Direct-to-Buyer Sales Plan Sets Off Dealer Backlash

Scout’s Direct-to-Buyer Sales Plan Sets Off Dealer Backlash

Auto dealers are ready to go to war with Scout Motors over the new brand’s plan to sell directly to customers without using franchised retailers. Scout is also planning to build separate service centers, which are emerging a key part of the EV landscape.

March Auto Sales Look Strong – But Affordability Remains an Issue

March Auto Sales Look Strong – But Affordability Remains an Issue

After an uncertain start, U.S. auto sales showed solid momentum in March, with big gains by Japan’s big three and record numbers from Hyundai – which was charged up by EV demand. But Tesla posted a rare sales slid and GM lost ground during the first quarter. Meanwhile, high transaction prices continue to keep many buyers out of the market.