Want to become a Miles Automotive Dealer? You'll need to buy a 45-day supply of EVs
I've sent an email to try and get an exact number for this story, but for right now we'll just work with what the Automotive News (subs req'd) gives us. Diana Kurylko, writing in Automotive News about dealers placing bets on Chinese auto upstarts, explains what two China-made auto distributors – China America Cooperative Automotive Inc. (Chamco Auto) and Miles Automotive Group – ask for from new dealers. For electric-car-maker Miles Automotive, the deal needs to be sealed with a purchase of a "45-day supply of its electric vehicles." How many is that? Kurylko doesn't say, and that's what I've asked about. Anyone have any guesses? Whatever the number, Kurylko talked to Scott Donahoo, dealer principal of Donahoo Automotive Group in Baltimore, who signed up with Miles and said, "It's not a big upfront investment. There is little to no downside."
[Source: Automotive News (subs req'd)]
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