TV
Jun 20, 2022
61 views
Logo

Winner Take All

Co-author of the best-seller Modern Monopolies. Platforms like Facebook and Google are 21st...

episodes
102
plays
32.09k
subscribers
56

Description

Jim Farley, CEO of Ford, stated recently at a conference that he thinks Ford's EV sales may need to go 100% online, being sold direct to consumers at a non-negotiated price. I see this comment from the legacy automaker a huge news and a sign that we will see automotive manufacturers begin to cut out dealers and sell directly to consumers in a model similar to how Tesla sells its electric vehicles.

We continue to see many car dealerships increasing prices of new vehicles due to supply chain shortages and auto OEMs are not happy about this. I think Ford (and possibly other industry giants) are attracted to this new direct to consumer model as a way to better control brand image, connect with consumers, and set competitive pricing as some predict a pricing war in entry level electric vehicles over the next 5 years.

Ford CEO wants EV sales to be β€˜100%’ online: https://www.engadget.com/ford-ceo-jim-farley-wants-ev-sales-online-no-car-dealerships-232018196.html

#electricvehicles #evnews #ford β€”

πŸ“š Grab a copy of the Amazon Best Seller Modern Monopolies: https://amzn.com/B017RC8CBC

❓ Are you part of a large enterprise interested in spinning out a platform business? Connect with us here: https://resources.applicoinc.com/wta-contact/

🎧 Listen to an audio version of the WTA Podcast here: https://anchor.fm/winnertakeall

At Applico, we identify untapped, intrinsic assets that give existing enterprises an enormous advantage to spin-out new tech companies. WisdomTree licensed Applico's Platform Insights Data Product to aid in the creation of the PLAT ETF.

You must have a Gab account and be logged in to comment.
  • No car dealerships will be a major game changer. Car Dealersips have made alot of people very wealthy.

  • Nobody likes going to the dealership. EVER! It's such a waste of time and the markups are insane.

  • Or is it a twist, and the truth is that the future of repairs and resales of used cars will be drastically different for electric vehicles.

Modal title