Shocking Twist: Dealers' Profitable Agency Move S5 E17

Join us for an insightful episode where we examine the evolving landscape of the automotive industry and the strategic moves dealers are making to adapt. With the rise of electric vehicles, the entrance of new brands, especially from China, and the emergence of innovative vehicle distribution methods, the environment is becoming increasingly challenging for traditional automotive brands. Dealers, realizing the need to stay competitive, are now exploring vertical integration and embracing the agency model with the new brands as a strategic advantage. This shift in approach will undoubtedly put pressure on importers who have traditionally handled distribution for smaller and even established brands. Join us as we explore the intricate dynamics of this changing industry and uncover the strategies dealers are employing to thrive in this dynamic era.Become a supporter of this podcast: https://www.spreaker.com/podcast/talking-business-with-mark-and-john--5696935/support.