The retail automotive industry is at the cusp of great change. We all know that. What we don’t know yet is if that change will be evolutionary or revolutionary.
At last year’s National Dealer Convention we explored the issue of Disruption, while NADA addressed it at its 2019 Convention in January.
NADA’s Executive Vice-President of Legal and Regulatory Affairs, Andy Koblenz, alongside Senior Vice-President of Public Affairs, Jonathan Collegio, presented research showing that the disruptors still have a long way to go before replacing the traditional model of car ownership.
Mr Koblenz will be a special guest at the AADA 2019 National Dealer Convention & Expo, speaking on the subject of Disruption during the AADA General Session. Mr Koblenz will share his belief that it will be a considerable time before the traditional model of automotive dealerships is replaced.
NADA’s research showed that almost 90 percent of Americans have no plans to give up their personal cars in favour of ride-sharing. Of those surveyed, 93 percent said a car provides freedom.
The survey also examined attitudes to autonomous vehicles (AVs), with 56 percent of respondents saying they would purchase an AV. Amongst millennials this figure was 71 percent, while for the over-35s it was 49 percent.
Mr Koblenz will present the full findings of the survey, and this is sure to be highly informative.