This article explores the positive outlook of car dealerships towards the return of President Donald Trump, particularly regarding the potential rollback of federal emissions standards. It highlights their preference for internal combustion vehicles (ICVs) due to concerns about profitability associated with electric vehicles (EVs).
Car dealership are absolutely pumped about the return of President Donald Trump . Sixty-four percent of surveyed dealerships told Automotive News that they expect the new administration to have a positive effect on their business. They're most excited about the rollback of federal emissions standards, because they really, really seem to hate selling EVs. That's for good and bad reasons. Part of it is understandable.
Then there's the battery and powertrain warranties, which are super long on EVs. If your battery fails at 90,000 miles , that may be the only expensive part the customer ever needs to replace. Since it'll be a warranty claim, though, the dealer won't make much. Yet smaller problems are actually more common with EVs. Electronic gremlins, fit issues and software problems have plagued many of these first-generation volume EVs.
EVS CAR DEALERSHIPS DONALD TRUMP EMISSIONS STANDARDS INTERNAL COMBUSTION VEHICLES
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Utah lawmaker abandons bill letting car dealerships stay open all weekendA bill that would have allowed car dealerships to stay open on weekends is not moving forward this legislative session.
Read more »
Republicans Cheer Trump Victory CertificationFollowing the certification of Donald Trump's presidential victory, Republican lawmakers expressed optimism and a readiness to implement their agenda.
Read more »
Bitcoin Investors Cheer as Trump Returns to Power, Critics Sound AlarmBitcoin's price dip hasn't dampened investor enthusiasm, with analysts predicting a transformative 2025 for cryptocurrencies. The optimism stems from bitcoin's growing mainstream acceptance and the anticipated pro-crypto policies under a potential Trump administration. Critics, however, remain wary, citing concerns about market volatility and regulatory uncertainty.
Read more »
Trump meets with GOP senators as supporters cheer his return on eve of inaugurationresident-elect Donald Trump consulted privately with Republican senators before heading off to a series of events designed to celebrate his return to power and the “Make America Great Again” movement.
Read more »
Oil prices flat with tighter supply cheer offset by Trump cautionOil prices flat with tighter supply cheer offset by Trump caution
Read more »
Bitcoin jumps to new record above $109,000 as traders cheer Trump inauguration, meme coinsBitcoin jumped above $109,000 as traders eagerly awaited the inauguration of incoming President Donald Trump and cheered his weekend meme coin launch.
Read more »