DAILY ROUNDUP | AUG 07 | Ford $29,945 EV, BMW -10%, Lots +13%, Ram 1.5M
Auto News Talk by Auto News Talk
Episode notes
Ford is trying to make a sub-$30,000 electric pickup work while dealers are running out of space, front-end margins are shrinking, and service bays are becoming the real profit engine.
Today’s episode breaks down Ford’s $29,945 Fathom EV plan, BMW’s claimed 10% Munich cost cut, Lucid saving $1.4 billion by delaying lower-priced EVs, dealership inventories jumping 13%, and why recalls and fixed operations are becoming the franchise system’s financial lifeline.
Today's Key Headlines
~Ford’s upcoming Fathom EV pickup starts at $29,945 including destination and delivery
~BMW claims its rebuilt Munich plant cuts manufacturing costs by an additional 10%
~Lucid delays lower-priced EVs to preserve $1.4 billion in cash
~Dealership vehicle inventories jump 13% year over year, creating a square-footage cri ...