Buyout Begone: Ford Says You Can Never Own Leased EVs

Ford Motor Co. will be suspending end-of-lease buyout options for customers driving all-electric vehicles, provided they took possession of the model after June 15, 2022. Those who nabbed their Mach-E beforehand will still have the option of purchasing the automobile once their lease ends. However, there are some states that won’t be abiding by the updated rules until the end of the year, not that it matters when customers are almost guaranteed to have to wait at least that long on a reserved vehicle.

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Mercedes Ending Dealer Sales Model in Europe

Following word that Mercedes-Benz wanted to refocus on producing high-end luxury vehicles with loftier profit margins, the German automaker has decided to eliminate dealerships in Europe so it can move on a direct-sales model similar to what’s offered by Tesla.

The company is reportedly eliminating up to 20 percent of its dealerships in its home country and roughly 10 percent globally (with a focus on Europe). This follows previous assertions by Mercedes that half of the brand’s domestic sales will be done via an “agency model” by 2023. Following an agreement with its own dealer network, the company said late in 2021 that it would begin eliminating the traditional scheme of dealers buying their vehicle stock based on market conditions with consumers coming in to haggle. The new plan puts more financial pressure on Mercedes and eliminates any chance of price negotiation. Meanwhile, dealers will get some cash for every vehicle sold and whatever after-sales services they can render.

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Illinois Auto Dealers Sue State Over Rivian's Direct-Sales Model [UPDATED]

Rivian’s plan to sell vehicles directly to consumers has raised the ire of two auto-dealer groups in Illinois.

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Closest Thing You'll Find to a Tesla Dealership Lands in Michigan

Until January, any Michigan resident hoping to take home a Tesla had to first leave the state. That all changed following an agreement between the state and the automaker, which sued Michigan back in 2016 to protest its protectionist law against direct sales.

Now, the closest thing you’ll find to a true Tesla dealer has appeared outside Detroit.

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'It's Still a Pig': Colorado Dealers Association Cold on Direct Sales Model, But Rivian Sees Promise There and Beyond

With production of its R1T pickup scheduled to commence later this year, upstart EV maker Rivian is aiming to get its products into as many states as possible, even if it means challenging dealer franchise laws. Following the R1T’s debut, the R1S three-row SUV will arrive to bolster Rivian’s emissions-free game.

In Colorado, where a bill seeking to allow direct sales via OEM-owned stores cleared a Senate committee last week, Rivian hopes to secure a victory — then replicate it in other protectionist states.

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Tesla, Michigan Finally Reach a Truce

A long-standing legal battle pitting Tesla against the state of Michigan has finally been resolved. It was announced Wednesday that the automaker’s 2016 suit against the state, which forbids the direct-sales model employed by Tesla, ended in a settlement a day earlier.

The result? A way for Michigan residents to own and conveniently service a Tesla in the notoriously protectionist state.

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Rivian to Go the Subscription Route?

Rivian, the Michigan-based startup that aims to get electric pickups and SUVs into the hands of consumers starting late next year, may choose a controversial avenue to ownership.

The automaker’s CEO, RJ Scaringe, claims the automaker is seriously thinking about offering a subscription service when it begins rolling out vehicles from its Normal, Illinois assembly plant in 2020. Without a dealer network, Rivian’s plan was always to send vehicles directly to buyers, no doubt earning it the ire of dealer groups country-wide.

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Uncertainty Reigns at Tesla Retail Stores

If Tesla doesn’t exist anywhere on your shopping list, it’s easy to ignore the turmoil surrounding the automaker. If Tesla’s your employer, however, the past few weeks have been a roller coaster ride.

Retail employees, who, along with store managers and regional managers, learned of the automaker’s plan to divest itself of stores through media reports, claim they’re hanging by a thread, stripped of their commission and still in the dark.

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Tesla Sues Michigan After State Bars Vehicle Sales

After its two-year-long bid to gain a sales foothold in Michigan hit a brick wall, Tesla has filed a lawsuit against the state.

The suit, filed in a U.S. District Court in Michigan, targets governor Rick Snyder and other top officials, Reuters reports.

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Michigan Doesn't Allow Tesla Sales, But Keeps Buying More Tesla Stock

Michigan doesn’t want its residents to order a Tesla, but it sees no problem in owning $72 million in stock to bolster its state retirement fund.

According to The Detroit News, the Michigan Department of Treasury bought a further $48 million in Tesla shares in the second quarter of this year, boosting its stake to 339,623 shares — more than triple the amount it owned in March. Meanwhile, Michigan won’t budge on laws that prevent Tesla from selling vehicles in the state.

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TTAC News Round-up: Volkswagen Turns To Former FBI Chief, Renault Just 'Improving' Emissions, GM Buys Ridesharing Service

Volkswagen just tabbed a former FBI director to be the highest paid traffic cop in the universe.

That, Renault is only “improving” its emissions, GM’s big bet on ride sharing and the world’s biggest auto supplier says diesel isn’t dead … after the break!

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Direct Sales, Ride-Hailing Bills Among Those DOA In Texas House

Tesla and Uber are among those whose efforts were for nothing as a crucial deadline to win approval on the Texas House floor passed last week.

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Tesla Gains Renewed Support From FTC For Direct Sales Model

In its battles for the right to sell its wares directly to consumers, Tesla has found a valuable ally in the Federal Trade Commission.

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Tesla Preparing To Enter CPO Market By 2016

Always wanted to own a Tesla Model S, but couldn’t get past the $71,070 base price? CEO Elon Musk has a plan to make it easier to bring one home: CPO sales.

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Editorial: Tesla is What Scion Should Have Been

It’s not an exceptionally large showroom, but the façade is enormous. The Tesla retail store in Columbus, Ohio wraps around an entire corner of the Easton Town Center, that city’s premier upscale shopping venue. My trip to the store, the first time I’d ever set foot in a Tesla retail location, was an eye opener. Tesla’s retail model is an example of what Scion could have (and should have) been.

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  • Bd2 I wonder how TTAC is celebrating this JuneTeenth? Rolling around naked in hyundai flavored mud somewhere like they usually do?
  • Wjtinfwb I'd like to see a Ford/Mazda relationship restarted. Both companies have some car guys keeping the flame alive and could develop a sports car slightly bigger than a Miata and pick and choose from each other's parts bin to put together some attractive powertrain combo's. Even a Mazda 3 AWD with the 300HP EcoBoost 2.3L, manual and AWD from the Focus RS would be welcome. Even better, a factory Miata V8 with the 480 HP Coyote (i know it wont fit...) and a manual gearbox. And how about a CX-5 with a 2.7L EcoBoost V6 with AWD and an chassis tuned for sport. Lots of possibilities.
  • Blueice Patient 28, sorry, but it is Oktoberfest. Bring a kegof Kraut beer and we will 50% you.
  • Bd2 Probably Toyota, Hyundai is killing them these days.
  • Wolfwagen If Isuzu could update this truck and keep the cost between $25K - $30K they would sell like ice pops on dollar day in a heat wave.