Page 8 - On The Move - Volume 17, Issue 1
P. 8

Clicks, Bricks And Trust:




                 Why the Dealership Matters to Every Generation




                                             ver the last year, a number of popular narratives about the future of the auto industry have
                                        Osuccumbed to hard, cold reality.
                                        The biggest of these narratives was that fully autonomous vehicles were just a year or two from taking
                                        over our roads. There had been so many pronouncements about robo-cars taking over the country,
                                        they were almost too numerous to count.

                                        By 2019, however, we could no longer ignore the reality that the engineering challenges associated
                                        with safely removing humans from the driving equation were far greater than promised two years
      By Peter Welch                    earlier.
      NADA President & CEO
      (Originally published on the      But there were other narratives that were just as bold, and just as wrong. For example, ride-hailing
      NADA Blog November 4th, 2019)     would continue to grow and make personal transportation so cheap that nobody would consider
                                        owning their own vehicle.

                                        Not only has ride-hailing proven to be far more expensive than personal vehicle ownership, but the
                                        latest data we now have—directly from the main app-based ride-hailing services—suggests that the
                                        number of hailed trips may have already peaked in our largest metro areas. Moreover, the number






















































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