The Biggest Risk, Easiest Charge, and A Snapshot from 100 Years Ago in Rochester NY

The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier

This Tuesday we’re taking a look into the future of Dealer threats, the past of auto pricing, as well as talking about the now when it comes to new EV charging infrastructure pop ups.

• Automotive Ventures Retail Risk Assessment (AVRRA) is worth your attention
  • Areas covered: OTA Updates, servicing of vehicles, consumer expectations, software subs, EVs, new sales models, margin compression, direct selling/agency, F&I regulation, consolidation, consumer privacy, autonomy, OEM tech influence, big tech players, build to order, vehicle subscription
  • “AVRRA’s goal is to be able to work closely with the dealer body to develop a roadmap for action, to prepare for and neutralize some of the bigger threats exposed. We hope that monitoring these trends on behalf of the industry will allow participants to be better informed and prepared for the future. “
  • Take away: Check out the full report here and subscribe to AV for free
• Recent announcements from retailers Starbucks and Ikea to install banks of chargers at some locations mark a potential shift in expectations of the driving/charging experience
  • Charging availability is one of the biggest hurdles to EV adoption according to recent studies released by CDK and more retailers are incorporating charging infrastructure into their physical locations
    • Walmart and Target have chargers at over 100 locations each
    • Starbucks announced a partnership w/ Volvo in March to install 60 fast chargers from Seattle to Denver
    • IKEA announced a partnership w Electrify America to install fast chargers at 25 locations across 18 states
• A 100 year old newspaper auto ad shows just how much has changed in the manufacturer count, and also how much more expensive a car is today, yes we adjusted for inflation.
  • Twitter user Zerin Dube @speedsportlife tweeted a photo of a sales page in the Democrat & Chronicle from 100 years ago listing 22 manufactures and prices of their various models. Only 3 OEMs remain from the list, Buick, Cadillac, and Chevrolet
  • None of the dealers are around anymore; one location is a closed oriental rug store, one a health insurance office, one an addiction recovery clinic
  • Author used West Herr Chevy, Vision Buick, and Vision Cadillac as a comparison for pricing
    • Cheapest Chevy: Fully equipped Model Superior Touring $356 ($6278 today)
      • Todays cheapest: Blue Spark L1T: $17,595
    • Most expensive Caddy: 7-Passenger Imperial $5,051 ($89,076)
      • Todays most expensive: V Series Escalade $156,965

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Hosts: Paul J Daly and Kyle Mountsier
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