News for hackers. Stuff that matters.

A comment on Tencent buys 5% of Tesla. Parent comment

Re:Tencent buys 5% of Tesla by jcfrei on Tuesday March 28, 2017 @12:35PM (#13978086)
Very interesting points. So as the other comment has pointed out, traditional automakers will have difficulties selling through their dealerships. Do any of the established players have any plans for their own dealerships / showrooms?
[ Parent | on HN ]
Re:Tencent buys 5% of Tesla by voidmain0001 on Tuesday March 28, 2017 @01:04PM (#13978362)
Yes. https://www.thestar.com/business/2016/04/19/cinespace-sells-... GM Canada purchased land in downtown Toronto and made the announcement for a corporate campus with a dealership/showroom. The challenge will be with the existing franchise dealerships that will balk at GM taking a bite out of their market share. edit - The GM official announcements specifically refers to the sale and service of electric vehicles. http://media.gm.com/media/ca/en/gm/home.detail.html/content/...
[ Parent | on HN ]
Re:Tencent buys 5% of Tesla by koolba on Tuesday March 28, 2017 @12:54PM (#13978282)
They can't as the rights to having local dealerships has already been split out. They'd have to buy out their dealers and probably change a bit of State law to accommodate that.
[ Parent | on HN ]