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Search resuls for: "Magic City Auto Group"


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Nearly half of Ford dealers said they have "no trust" in their franchise in new survey. Ford dealers have had a tough year balancing EV demand. AdvertisementAdvertisementIt's been a tough year for Ford dealers, and it's becoming clear some are losing patience. Ford came in dead last in a recent survey on dealers' level of trust in their franchises, with 46% of Ford dealers surveyed by Kerrigan Advisors saying they had "no trust" in their franchise. This breakdown in trust and pessimism about the future shouldn't come as too much of a surprise after the year Ford dealers have had.
Persons: Ford, , Kerrigan, Elon Musk, Cameron Johnson, Martin French Organizations: Ford, Service, Kerrigan Advisors, Survey, Magic City Auto Group, Nissan, Lincoln, Toyota, Lexus, Subaru Locations: Virginia
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementWhile car companies try desperately to gin up demand for their latest electric models, consumers are begging for a compromise: hybrids. In the auto industry, the same logic applies to hybrids, which can provide a more convenient bridge to full EV adoption. Hybrid revolutionThis need for hybrids isn't new. Ford said this week it would postpone $12 billion in new EV investment as the company assesses demand going forward.
Persons: isn't, , , they're, Chris Harto, Harto, Akio Toyoda, Cameron Johnson, Ford, Martin French Organizations: Industry, Service, Consumer, EVs, Auto, Consumer Reports, Toyota, Dealers, Magic City Auto Group, Honda Locations: Edmunds, Virginia
Electric car shoppers are increasingly fickle, dealers told Insider. AdvertisementAdvertisementCar dealers have a warning for their manufacturers: the days of early-adopter electric vehicle sales are all but over. For years, early EV adopters were generally an easy sale, three car dealers told Insider. Now, electric car shoppers are more fickle. Dealers like Sheehy say that pace is likely to slow as more sure-fire EV sales are harder to find.
Persons: , That's, Vince Sheehy, Sheehy, they're, Kelley, Cameron Johnson, Johnson, Alexa St, John Organizations: Service, EV, Dealers, Magic City Auto Group, Ford Locations: Washington, D.C, Virginia
The EV segment has enjoyed a long period of exponential growth. AdvertisementAdvertisementCar companies talk a big game about the transition to electric cars. He currently has enough electric cars to last for 100 days across all brands. Though the EV share of some automakers' businesses is small, the EV segment has been enjoying a long period of exponential growth. And without more affordable options, dealers told Insider they are running out of customers to pitch their electric cars to.
Persons: carmakers, EVs, , Ford, General Motors, it's, It's, Vince Sheehy, " Sheehy, Cameron Johnson, Sheehy, Tesla, Eric Freshee, Stewart Stropp, Power, Stropp, Martin French Organizations: Service, General, Ford, Hyundai, Volkswagen, GMC, Magic City Auto Group, ICE, EV, Tamaroff Locations: Volta, Washington, D.C, Virginia, headwinds, Midwest, EVs
Natalia Zorina is a Turo host in Miami who started her business on the car-rental app in 2018. I started Turo as a side hustle with one carI'm from Ukraine and moved to the US in 2017. I started renting our family car, a 2011 Porsche Cayenne, on Turo in 2018. Luxury family cars, like Mercedes SUVs, are also in demand because tourists in Miami come here to enjoy the luxury vibe of the city. In my fleet, I have a yellow car, orange car, blue cars, green cars — I have all sorts of colors.
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