financetom
Business
financetom
/
Business
/
Auto dealer groups to challenge Scout Motors decision to sell directly to US consumers
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Auto dealer groups to challenge Scout Motors decision to sell directly to US consumers
Nov 3, 2024 11:39 AM

(Reuters) - Groups representing U.S. auto dealers said Friday they plan to challenge Volkswagen's Scout Motors decision to sell directly consumers, bypassing independent retailers.

The National Automobile Dealers Association said it and state associations "will challenge this and all attempts to sell direct in courthouses and statehouses across the country."

Scout said on Thursday it would join electric vehicle manufacturers like Tesla in forgoing a traditional independent dealer network in favor of directly selling and servicing vehicles, and it pledged full price transparency.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Vietnam's VinFast posts higher Q1 revenue as vehicle deliveries increase
Vietnam's VinFast posts higher Q1 revenue as vehicle deliveries increase
Apr 17, 2024
(Reuters) -Vietnamese electric-vehicle maker VinFast reported higher first-quarter revenue on Wednesday on the back of increased vehicle deliveries. The company's quarterly revenue more than tripled to $302.6 million. VinFast maintained its 2024 goal of 100,000 EV deliveries. The company delivered nearly 9,700 cars in the first three months of this year, with a large portion going to its affiliate Green...
Eli Lilly's weight-loss drug succeeds in trials with sleep apnea patients
Eli Lilly's weight-loss drug succeeds in trials with sleep apnea patients
Apr 17, 2024
April 17 (Reuters) - Eli Lilly's ( LLY ) weight-loss drug succeeded in two late-stage trials testing it in patients with obstructive sleep apnea, the company said on Wednesday. (Reporting by Bhanvi Satija in Bengaluru; Editing by Sriraj Kalluvila) ...
Exclusive-Mobileye set to ship at least 46 million new assisted driving chips
Exclusive-Mobileye set to ship at least 46 million new assisted driving chips
Apr 17, 2024
SAN FRANCISCO (Reuters) - Israeli automotive tech company Mobileye said on Wednesday it had secured orders to ship 46 million of its EyeQ6 Lite assisted-driving chips over the next few years as automakers race to makes cars safer and easier to drive. Mobileye is selling the EyeQ6 Lite in all major markets around the world, and cars with the technology...
Airbus, Rolls-Royce close to $20 bln Turkish Airlines parts deal, Bloomberg News reports
Airbus, Rolls-Royce close to $20 bln Turkish Airlines parts deal, Bloomberg News reports
Apr 17, 2024
April 17 (Reuters) - Turkish Airlines is set to sign an agreement with Airbus and Rolls-Royce Holdings for the domestic production of aircraft components, which is valued at as much as $20 billion, Bloomberg News reported on Wednesday. (Reporting by Chandni Shah in Bengaluru) ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved