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Exclusive-Tesla doing damage-control, discounts for European fleet buyers

Tesla is working to appease some European leasing companies after the automaker’s repeated retail price cuts tanked their fleets’ value and its slow service and expensive repairs alienated their corporate customers. The efforts include unofficial discounts on purchases of new cars if they are in stock and efforts to address widespread service, repair and ordering complaints after years in which fleet managers and leasing firms say Tesla has ignored those problems, according to Reuters interviews with nine executives from major leasing and rental-car firms, along with about a dozen corporate fleet managers. Tesla’s retail price cuts aimed to bolster sales in response to softening electric-vehicle demand globally and rising competition, especially from Chinese EV makers such as BYD. ....

City Of , United Kingdom , San Francisco , United States , Arval Deputy , Fiona Howarth , Nick Carey , Lorna Mcatear , Hyunjoo Jin , Christina Amann , Brian Thevenot , Richard Knubben , Tim Albertsen , Bart Beckers , Marie Mannes , National Grid , European Automobile Manufacturers Association , Octopus Energy , Brussels Based Leaseurope , European Automobile Manufacturers , Electric Vehicles , Reporting By Nick Carey , Anna Driver ,

Tesla Europe: Tesla doing damage-control, discounts for European fleet buyers

Tesla faces challenges in Europe as repeated price cuts hurt leasing companies fleets and slow service alienates corporate customers. Tesla is offering unofficial discounts and addressing service complaints, but struggles with falling resale values and competition from Chinese and legacy automakers. Fleet customers demand better service and lower repair costs. ....

United Kingdom , Tim Albertsen , Fiona Howarth , Richard Knubben , Arval Deputy , Lorna Mcatear , Bart Beckers , National Grid , Octopus Energy , European Automobile Manufacturers Association , Brussels Based Leaseurope , European Automobile Manufacturers , Electric Vehicles ,

Tesla doing damage-control, discounts for European fleet buyers, ET Auto

Tesla faces challenges in Europe as repeated price cuts hurt leasing companies fleets and slow service alienates corporate customers. Tesla is offering unofficial discounts and addressing service complaints, but struggles with falling resale values and competition from Chinese and legacy automakers. Fleet customers demand better service and lower repair costs. ....

United Kingdom , Fiona Howarth , Arval Deputy , Tim Albertsen , Richard Knubben , Bart Beckers , Lorna Mcatear , National Grid , European Automobile Manufacturers Association , Octopus Energy , Brussels Based Leaseurope , European Automobile Manufacturers , Electric Vehicles ,