Part 5/10:
The financial health of manufacturers is at risk as the incentives required to move inventory increase. The shift away from trucks and SUVs towards more affordable and smaller vehicles could exacerbate this crisis, leading to an oversupply in the market and a dramatic decline in vehicle prices.
Revolutionizing the Car Dealership Business Model
Distrust toward car dealerships has reached a boiling point. Modern consumers often feel baited into deals that are less favorable than advertised, leading to a substantial shift in how dealerships operate and interact with customers. As technology transforms the car buying experience—enabling online research and the ability to purchase vehicles digitally—dealers are forced to adapt or risk obsolescence.