DAILY ROUNDUP | JUL 10 | Maserati -$23K, Lucid 0% APR, Slate $24,950, Used EVs +25%
Auto News Talk by Auto News Talk
Episode notes
The auto industry is trying to sell 200-mph supercars, discounted luxury EVs, compact electric pickups, and subscription-style warranties all at the same time.
Today’s episode breaks down Maserati’s $23,000 EV price cut, Lucid’s 0% APR offer, Ford and Slate’s push toward cheaper electric trucks, used EV values rising with gas prices, and why monthly F&I products could create a major underwriting headache for dealers.
Today's Key Headlines
~Maserati cuts the Grecale Folgore price by $23,000
~Lucid offers 0% APR for six years while laying off staff
~Ford targets a roughly $30,000 electric pickup while Slate aims for a $24,950 base price ~Used EV sales rise nearly 25% as gas prices jump 21% to about $3.80 per gallon
~Monthly F&I protection plans create adverse-selection risk for dealers and underwriters ...