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The time may be optimal for non-negotiable pricing to take hold, says JM Lexus’ Jim Dunn, as Internet-connected smartphones have changed the car-buying process.
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“Dealers should be trying to attract customers with a Nordstrom-style experience, which better embodies the value proposition of dealers,” analyst Doug Van Sach says.
Even if everyone wanted to switch to EVs, there would not be enough lithium to go around. We will start to see new energy sources tested. Once those are developed, expect an exponential shift.
Marvin Suskin is remembered as a champion of young people entering the auto-retailing industry and a relentless supporter of dealers and the franchised system.
