AD #3928 - Wealthy Car Buyers Account for Majority of Sales; EV Repairs Boost Dealer Revenue; VW May Replace CEO Of America
About this episode
New car sales in the US are increasingly dominated by wealthy buyers, with over half of sales going to households earning more than $265,000 annually. Rising prices and interest rates are pushing many to keep their current vehicles longer. Dealers are seeing higher repair revenues from EVs due to their complex technology, which also limits independent repair shops. Volkswagen's US CEO may be replaced despite strong sales. The BYD Shark PHEV pickup launches in Australia, challenging established trucks. Nissan showcases extreme Frontier builds, and Chevy introduces a new four-wheel steering feature called Sidewinder. Volvo's electrified sales grow globally, while Canadian provinces phase out EV incentives, raising concerns about meeting future targets. Europe faces pushback on stricter CO2 standards from countries like Italy and the Czech Republic.
Byd Shark 6
"... safer, and more eco friendly. Speaker 1: The BYD Shark pickup is entering another big truck market, Aust..."
Ford Ranger
"... truck market leaders in Australia, like the Ford Ranger in Toyota Hilux. Toyota doesn't offer a PHEV truc..."
Nissan Frontier
"..., Nissan is showing the extremes you can take the Frontier two at Sema. One is an extreme street truck with ..."
Chevrolet Silverado EV
"...w name for the diagonal driving maneuver that the Silverado EV can make using its four wheel steering system. It..."
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