Public dealership groups grapple with EV pricing, inventory

Morningstar analyst David Whiston: "With the price cuts Tesla’s doing, they’ve been able to get new buyers who perhaps wouldn’t have bothered buying an EV before.”

August 17, 2023 12:00 PM

Electric vehicle pricing and days' supply of high-priced EV nameplates appear to be top of mind for some of the nation's largest auto retailers, especially amid price-slashing by U.S. EV market sales leader Tesla Inc.

Featured Stories

2025 New York auto show will have strong brand presence, spotlight affordable vehicles

How multiple tariffs can be added to a vehicle, parts that cross U.S.-Canada-Mexico borders

Which vehicles are subject to Trump’s auto tariffs? Check our list

Nissan’s new scalable EV platform to support up to 5 models, including lifestyle pickup

Latest News

Live updates on tariffs: Europe exports to U.S. could drop by 200,000 in 2025

GM, Ford, BMW to feel brunt of extra China tariffs on U.S. imports

Which vehicles are subject to Trump’s auto tariffs? Check our list

How multiple tariffs can be added to a vehicle, parts that cross U.S.-Canada-Mexico borders

Staying current is easy with newsletters delivered straight to your inbox.

See More in Retail

Judge dismisses New Jersey dealership lawsuit against Stellantis for second time

Clutch opens $6.5M Toronto-area facility to recondition hundreds of used cars weekly

The auto retail industry is moving on from DEI but not diversity

How dealers and vendors are still investing in diversity

Staying current is easy with newsletters delivered straight to your inbox.