Auto dealers face a business revolution as EVs gain market share

It was Friday morning, and eight members of the sales staff at Felix Chevrolet were gathered around the table for a weekly seminar led by Darryl Holter, the boss of the venerable downtown Los Angeles dealership.



a truck is parked on the side of a building: A Chevrolet Bolt, the company's electric vehicle, is fitted with a battery at a GM assembly plant in Michigan. Automakers are preparing for a sea change in consumer acceptance of EVs. (Duane Burleson / Associated Press)


© (Duane Burleson / Associated Press)
A Chevrolet Bolt, the company’s electric vehicle, is fitted with a battery at a GM assembly plant in Michigan. Automakers are preparing for a sea change in consumer acceptance of EVs. (Duane Burleson / Associated Press)

This may be one of the more unusual educational efforts in Southern California. The students get weekly reading assignments, on which they’re quizzed, just as in regular schools. But the topic is unusual: how to sell customers on electric cars.

The working-class Latinos who make up Felix’s core market haven’t been early adopters of novel products such as EVs. The obstacles include the perception that EVs as more expensive than conventional cars

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Auto dealers face a business disruption as EVs are poised to gain market share

It was Friday morning, and eight members of the sales staff at Felix Chevrolet were gathered around the table for a weekly seminar led by Darryl Holter, the boss of the venerable downtown Los Angeles dealership.

This may be one of the more unusual educational efforts in Southern California. The students get weekly reading assignments, on which they’re quizzed, just as in regular schools. But the topic is unusual: how to sell customers on electric cars.

The working-class Latinos who make up Felix’s core market haven’t been early adopters of novel products such as EVs. The obstacles include the perception that EVs as more expensive than conventional cars — that’s true, before government and retailer incentives are counted.

I want them to know what distinguishes an electric car, I want them to talk about the rebates and other programs so they can line up the price points closer to that

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Going once, going twice … multiple properties on the auction block | Local Business News

The properties range from the Stoysich House of Sausage 3,000-square-foot building in west Omaha to a 62-acre tract of land in Sarpy County.

In the case of two parcels, one in Bellevue and the other in northwest Omaha, the owner bought them a decade ago for bank branches that never materialized.

A 12-acre site in Bennington was once a developer’s desired spot for a townhouse project, but that plan changed.

Neary said the pandemic has prompted people to reassess many things, and property holdings are no exception. He said most of the sites to be auctioned were slated for commercial development, but the better use today might be residential.

He said this is the first multiple-property auction coordinated by Investors Realty brokers, and it might become an annual event. The auction also will be available online through Proxibid.

11 key developments around the Omaha metro area

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Coffee & Conversation: Program offers discounts at businesses – Business – Rockford Register Star

This week I had the pleasure to visit two of the Stephenson County businesses that participate in our Membership Value Program. Our Membership Value program is a discount program offered to all Stephenson County Farm Bureau members. We’ve partnered with over 20 local businesses to offer discounts.

This week I visited A.J.’s Lena Maid Meats and Auto Repair Specialists. While visiting with these businesses, I took some short videos to highlight the services provided by each. We will be posting these videos on our Facebook page for our followers to enjoy. If you’d like a full list of our Membership Value Program businesses and the discounts they offer, please visit our office or call our office at 815-232-3186 and we will mail you a list of the businesses.

Farm Bureau member discounts offered:

• A.J. Lena Maid Meats offers Farm Bureau members a 10% off retail products with a cap

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Inexpensive set of wheels: Small cars under $25k | Business News

The current Nissan Versa is a far better car than the one you might be picturing from years past. It has been recently redesigned and has a spacious trunk and plenty of safety and tech features at a reasonable price. The Versa sedan also has excellent fuel economy. On the downside, the Versa suffers from sluggish acceleration and a lack of interior storage for small items.

2020 Hyundai Accent

EPA-estimated fuel economy: 36 mpg combined (33 city/41 highway) with an automatic transmission

The Hyundai Accent’s strengths are its high fuel economy, comfortable ride quality, quiet cabin and spacious interior. Hyundai also has the best warranty in the business. So if you like to own your cars a long time, there’s good peace of mind. Take heed, though: The Accent sedan is pretty bare-bones, and the USB port struggles to charge modern phones. And if you want advanced safety aids, those

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Global Automobile Micro Gas Generator Market Business Opportunities, Leading Players Updates And Forecast(2020-2029)

Pune, Maharashtra, India, September 30 2020 (Wiredrelease) Prudour Pvt. Ltd :Market.us delivers granular analysis of Automobile Micro Gas Generator Market Revolutionary Trends (2020-2029) by Industry Statistics, which includes global industry analysis, key market trends, vendor classification with their market positioning, sales, revenue and market share with the product type and by applications. Likewise, The development ratio which is expected in perspective of the rational analysis provides thorough information concerning contributions by way of top key vendors, demand, and deliver complete evaluation as well as market proportion boom of the Automobile Micro Gas Generator industry.

Automobile Micro Gas Generator Market: An Structure Overview

Automobile Micro Gas Generator Market play a vital role in automotive industry. This intelligence report along with (2020-2029) Forecast of Automobile Micro Gas Generator market study exhibits a pattern of interpreting previous data sources gathered from the most reliable sources and sets a precedented growth trajectory for

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Dhamaka offers! HDFC Bank launches over 3000 deals on shopping, credit cards, business loans, personal, auto and home loans



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As a part of its annual financial services dhamaka, HDFC Bank has launched ‘Festive Treats’! Under these financial services dhamaka offers, customers can avail of special deals on all banking products from loans to bank accounts, with over 1000+ offers from leading players and over 2,000 hyper local offers through tie ups with local merchants across semi urban and rural locations.

“In light of the unprecedented situation due to Covid19, all deals and offers this year can also be availed of digitally from the safety customers’ homes, in addition to over the counter at branches, partner stores and dealerships. On the heels of its Summer Treats festival, the bank expects mobiles, consumer durable, and electronics categories to do well in addition to apparels, jewellery and dining-in due to the festive season,” HDFC Bank said in a statement.

Offers will be available across the entire range

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Fugitive Auto Exec Carlos Ghosn Will Give Lectures To Business Students In Lebanon

Topline

Carlos Ghosn, the former boss of Nissan and Renault and perhaps the world’s most famous fugitive, will help launch a business course at a Lebanese university and is slated to give a series of talks to students.

Key Facts

On Tuesday, in what the Associated Press described as his second public appearance since he escaped house arrest in Japan in December, Ghosn announced his partnership with the Maronite Christian Holy Spirit University of Kaslik in north Beirut to build an executive management training program.

According to The Times, Ghosn’s lectures will cover subjects like giving new life to tanked businesses and “making yourself invaluable” to a company.

“I’m going to help build the economy by helping

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Thyssenkrupp to cut 800 jobs at automotive business

FRANKFURT/DUESSELDORF (Reuters) – German conglomerate Thyssenkrupp <TKAG.DE> will cut 800 automotive system engineering jobs, it said on Tuesday, and said auto demand could take up to three years to recover.

The impact of the COVID-19 pandemic has added to pressures on Thyssenkrupp, which is striving to turn around its loss-making business units after selling its elevator division, by far its most profitable asset, to a private equity consortium earlier this year.

Its shares are trading at their lowest since mid-May when the pandemic’s impact on the stocks of industrial companies around the world was severe.

“We don’t expect output figures in the auto industry to return to pre-crisis levels for at least two to three years,” Ingo Steinkrueger, head of Thyssenkrupp System Engineering, said in a statement.

Thyssenkrupp in May said that System Engineering would be broken up, with two sub units – car body solutions and lightweight solutions –

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