President - PDS, Inc. | GM/GSM - Ford Dealer Principal - F&I Director - Launched the Staffed Event Concept in 1997 with PDS/ARG.
The reality is automakers are switching up their plans because most EVs aren’t selling fast enough. Of note: Keep in mind that the average days supply earlier this month was 76 days, according to Cox Automotive. Car Dealership Guy. Let’s start with EVs: Ford F-150 Lightning (128 days) Ford Mustang Mach-E (166 days) Hyundai IONIQ 5 (140 days) Cadillac Lyriq (184 days) Chevrolet Blazer EV (507 days) Next are sedans: Kia K5 (150 days) Hyundai Sonata (154 days) Nissan Altima (144 days) Nissan Sentra (120 days) Mazda Mazda3 (147 days)
Senior Solutions Architect at Redwood Materials | Supply Chain Management
5moCurrent EV’s are too expensive, and the used EV market is extremely limited… no surprise they are sitting on lots and not moving. I wonder if the # for luxury ICE vehicles is similar?