Len Bellavia discusses the implications of Scout Motors’ direct-to-consumer model, urging Volkswagen dealers to take action.
Scout Motors, an electric vehicle subsidiary of Volkswagen, plans to sell its recently unveiled first two models directly to consumers, much to the dismay of the National Automobile Dealers ...
Ed Morse, founder of the Ed Morse Automotive Group, was posthumously inducted into the Florida Automobile Dealers Association ...
Dolan Auto Group is honored to announce that Brady Dolan, Chief Operating Officer of Dolan Auto Group, has been nominated for ...
But Florida’s ban has a loophole that allows EV companies like Tesla, Rivian, and Lucid “to hold a franchise dealer license ...
VW insisted Scout is an independent brand, despite being backed by the conglomerate. The National Automobile Dealers ...
The NADA and state dealer groups are gearing up to challenge Scout Motors’ recent decision to sell electric vehicles directly ...
However, the National Automobile Dealers Association (NADA) has a particular bone to pick with Scout over its strategy, and it intends to block the retail plan however it can. According to ...
Higher rent and a less lucrative mix of profitable financing commissions can cause Penske to incur more SG&A expenses as a percentage of gross profit than peers. However, when rent expense is excluded ...
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and it will be challenged,” National Automobile Dealers Association CEO Mike Stanton said to CNBC. “Assuming they take this other path, let’s face it, there’s going to be challenges and ...
“To attempt to sell Scout vehicles direct to consumers and compete with its U.S. dealer partners is disappointing and ...