Actionables for Issues that Matter
Is the automotive dealer franchise business model about to change?
Sales business model Impacted by transition to EVs from Fuel based vehicles changing dealer role & services.
COVID & EVs are changing what car dealerships do and their role in auto usage.
Coming years will force car dealerships to rethink & redo their business models.
High cost of maintaining large staffs & real estate means no more showrooms.
Customers no longer need to go to showrooms or service centers.
The National Automobile Dealers Association says it seeks to be diverse and have gender balance among its members.
But while it seems to be able recognize the organization’s problem, seizing opportunity & need to act is the challenge.
Now claims new awareness of imbalance & inequity is an “awakening” by doing “something” about racial & gender imbalance.
But still there are only 3 women yet 32 men on NADA Staff & Executive Committee. One black & one Latina.
Does one need to own a car anymore?
The whole idea and need for people to buy and own a car is under consumer consideration
Even the economic and logistical aspects of auto management are under change/
Question is will the dealer business model be able to transitions to total vehicle management in next few years.
Is the Automotive Dealer Business Model in peril?
Are changes in the way vehicles are being sold, the Pandemic, & technology signaling demise?
Dealers need to discuss how to adapt to an uncertain future where they will not have franchise protection.
Many say there is an urgent need to gather the industry leaders at or before NADA & come up with solutions.
Honest discussion & decisions based on either truly adapting & listening to the customers OR– simply selling out.
Some considering a Total Vehicle Management Offering that manages every aspect of consumer vehicles utilization.
