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EV registrations jump 27% in July for legacy brands as U.S. tax credit nears end; Tesla slips

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458 views 20 replies 9 participants last post by  Dave Z  
I dunno. I think that if manufacturers could lower the prices that much they would, just to move units that are slow sellers.

I do agree that it's going to give them some incentive to work to reduce cost.
My mindset is the automakers figured was well the buyers are getting a $7500 rebate, lets just inflate the cost of the car somewhere between $0 and 7500, and "pocket" that rebate. Now that its going away, I'm thinking those OTD prices will stay mostly the same, but the "sales price" will drop.
 
Interesting....only 1,200 Wagoneer S's registered.
That sounds like includes purchases and leases?
Registrations, total, right?

Oooph, that's not much. But it doesn't surprise me, with so much news of them breaking right out the gate.
In July, the dealer by me had several on their lot, and two in the show room.
This past Friday, they had 1 in stock online, and NONE in the showroom.
They moved some used BMWs in the Jeep section, instead!!! o_O
Wasn't that the same move that got them in so much trouble in the mid 00's to the point that the parent Chrysler ended up dropping a bunch of dealership charters?
I spoke with a dealer who said it takes two or three days to sell a Wagoneer S, and their only problem is supply. They can't get them. Same with the Charger, I think they said they'd gotten exactly one of them, as of last month.

I'll have to ask my own dealer what's going on.

It almost sounds like Stellantis is hobbling their own sales by keeping production at a crawl, possibly because, with 15% (?) tariffs from Mexico (?), they are losing money on each one? Or not. Maybe they have limited battery production. I don't think their own North American battery plants are up yet? For all we know, they're limited because the sale factory is selling batteries to other automakers for popular vehicles, and production will ramp up when the rebate's over ;)
That's.....interesting. I feel like the EV charger as a 4 door would actually sell pretty decently.