je.st
news
VIDEO: Changes in the Automotive Market Three Trending Factors
2015-05-07 14:00:59| AutomotiveDigest.com - Automotive Industry News
Things are changing in automotive -- and each market change will bring challenges and opportunities. Here are three automotive market trends or factors as seen in this video by Chuck Parker, Publisher of Automotive Digest: Dealerships: Dealers are again considering being called "Automotive Retailers" not "dealers as some are migrating towards becoming Total Transportation Management Centers. Automotive Portfolio Management: Dealers,auto finance companies, OEMs, and fleet management companies are now beginning to look their customer base like an "Investment Portfolio"-- much like a Hedge Fund or Wall Street Stock Portfolio. Consumer & Car Life Cycles: With the increasing influence of Millennials & the popularity of leasing, consumers are becoming "users" not buyers. This is trending towards less interest in ownership and more toward short term usage and the utility of a vehicle.. The Article VIDEO: Changes in the Automotive Market Three Trending Factors appeared first on Automotive Digest.
Tags: video
three
market
automotive
Category:Automotive