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People put down deposits for every electric truck in development, leaving dealers in the lurch when they eventually cancel all but one (www.businessinsider.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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People put down deposits for every electric truck in development, leaving dealers in the lurch when they eventually cancel all but one::When an electric truck customer doesn't show up to pick up their order, dealer are left with a car that might be hard to sell to someone else.

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[–] Encode1307@lemm.ee 61 points 1 year ago (7 children)

Dealer markups the last few years have pushed significant market share to fixed price sales like tesla, polestar, and rivian. I ended up with a polestar after I couldn't find a Ford Mach E, hyundai ioniq5 or VW ID4 without markup. Are we supposed to feel sorry for them when they have inventories building up?

[–] luthis@lemmy.world -5 points 1 year ago

It's because of how the manufacturers have set up the system. I posted a video above explaining how manufacturers control everything

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