A crucial turning point in the movement towards electric vehicles
was reached in Q1 2023 when Tesla's Model Y became the best-selling car
in California's new vehicle market. The emergence of Tesla and other direct-to-consumer
manufacturers, however, came at a price for conventional auto dealers
who lost an estimated $910 million in potential profits in 2022.
A startling 64.5% of luxury compact crossover SUV sales
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