Ford tweaking Model E dealer program to address dealer concerns

United States News News

Ford tweaking Model E dealer program to address dealer concerns
United States Latest News,United States Headlines
  • 📰 therealautoblog
  • ⏱ Reading Time:
  • 71 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 51%

As Ford pauses EV investments and asks dealers to do the same, the automaker's planning changes to its Model E sales program to address numerous issues.

Ford's been working on its strategy and sales reorganization for a couple of years, the initiative that created the Blue , Pro , and Model E divisions. On the Model E side, part of continuous reworking of the EV arm has been in response to dealer lawsuits filed in numerous states, since Model E not only stipulated investments of anywhere from $500,000 to $1.

During the roadshow, Ford told dealers to pause their investments into getting certified for Model E. This directive followed a corporate change in plans as Ford pulled investments in battery-electrics in favor of consumers' choice for hybrids.

One change has already been made public, the VP of EV programs telling an AutoNews business conference audience, “What we’re finding is more dealers want to be involved in it and we don’t want to be exclusive to just a handful, and so we’re making a change where we’re opening up that and not requiring as many certifications or investments for a dealer to participate in the EV revolution.

The official list of updates won't come until next month, when Ford meets its dealer council, and it should touch on topics beyond EVs. That Ford Blue honcho told AN meetings covered"simplifying and reducing complexity," Ford Credit, floorplan assistance,"longer-term remote experiences," warranty costs, and more.

CEO Jim Farley attended all eleven meetings, this is that important to the carmaker. Chief Financial Officer John Lawler said last March that Wall Street needs to view Model E like a startup and give it the same leeway regarding profitability. For instance, starting from Teslas founding in 2003, the Model Y maker didn't post a full-year profit until 2020 — 18 years of red ink annually.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

therealautoblog /  🏆 528. in US

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.

Ford Dealer’s Mach-E vs. Tesla Model Y Comparison Chart Backfires HilariouslyFord Dealer’s Mach-E vs. Tesla Model Y Comparison Chart Backfires HilariouslyThe chart beats its own purpose and could easily make prospective buyers think twice about placing a deposit for a Ford Mustang Mach-E
Read more »

Tesla Removes Steam Gaming Support In New Model S And Model XTesla Removes Steam Gaming Support In New Model S And Model XThe Tesla Model S and Model X had even offered support for wireless controllers when using Steam
Read more »

Horizontal resolution affects model aerosol properties, finds Earth system model researchHorizontal resolution affects model aerosol properties, finds Earth system model researchEarth system models are running at higher resolutions. Yet parameterizations designed to represent aerosol lifecycles and their interactions with clouds and radiation in the Energy Exascale Earth System Model (E3SM) are developed and evaluated at Earth system model scales, and their performance at higher resolution is unclear.
Read more »

Lebanon Ford offers 810-hp 2024 Ford Mustang for $49,995Lebanon Ford offers 810-hp 2024 Ford Mustang for $49,995Mustang buyers looking for the most bang for their buck have a top deal at Ohio's Lebanon Ford.
Read more »

Tesla’s More Affordable Models Could Be Stripped-Down Versions Of Model 3 And Model YTesla’s More Affordable Models Could Be Stripped-Down Versions Of Model 3 And Model YThe car manufacturer has been coy on details about its new affordable models
Read more »

2024 Ford Ranger SuperCrew 4X4 XLT First Test: New Ranger, Same Old FordThe new Ranger hits the right notes, catapulting it up the midsize truck standings.
Read more »



Render Time: 2025-02-13 14:38:37