Coronavirus pushes automakers and car dealers to sell more online - Business Insider

Coronavirus concerns and government shutdowns are forcing dealerships to conduct business digitally.Visit Business Insider's homepage for more storiesWhen Michigan Governor Gretchen Whitmer ordered a statewide lockdown in March, things looked bleak for Jim Seavitt, the owner of Village Ford, a dealership in Dearborn, Michigan.

That number, if anything, downplays the rapid pace of change. Even before the pandemic, the general industry consensus was that more than 80% of new car buyers would go online during at least part of the buying process, whether to find what's available or affordable, as well as to check reviews. "We never have to have direct contact," he explains, noting that Village Ford now will arrange for a contactless vehicle drop-off once the deal is done.

"We believe will expect to stay with this way of doing business," said Krebs, "and may even be willing to pay a little more." The push into online sales is just one of the ways the automotive retail model is in flux. The process began with the arrival of corporate dealer groups like AutoNation, the Penske Automotive Group and Lithia Motors around the beginning of the new millennium. Automakers – along with their then-dominant ma-and-pa retailers – initially resisted. Today, however, such groups dominate the market.

One really doesn't need a high paid commission sales person when the research, stats & reviews are online. Most buyers already know what they want & do the comparisons. Shop online at a fair price & stop paying inflated salaries & dealerships costs. vehicles carbuying

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside the life of a pregnant mental health counselor during COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. No one cares.
Source: BusinessInsider - 🏆 729. / 51 Read more »

United Airlines lost $1.6 billion in Q2 due to coronavirus - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Bummer... :-( UnitedCustomer
Source: BusinessInsider - 🏆 729. / 51 Read more »

Floridians are partying on boats, causing a rise in coronavirus cases - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Shit fer brains... I guess this is Florida's version of Covid parties. I love how people are blind and ignorant. Bring on the Covid fest.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Rent growth slumps to the lowest since 2010 as the coronavirus pandemic slams demand - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Rents were high long before the pandemic hit; don't blame that, blame greed.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Scientist is collecting breast milk for possible coronavirus treatment - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. How do I volunteer to help? Wasted effort as newborns are testing positive! We need women to lactate. Agreed. 🥵🤗🤗
Source: BusinessInsider - 🏆 729. / 51 Read more »