#Ford and #GM Warn #Dealers to Stop Charging So Much for #New #Cars: #Auto #makers try . . .

Source: https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A6897353446278651904

#Ford and #GM Warn #Dealers to Stop Charging So Much for #New #Cars: #Auto #makers try to curb the practice of adding fees to the suggested #retail #price, saying tactic could cost #dealerships future #vehicle #inventory: https://lnkd.in/eedRAtAV: #B2B2C: Traditional #carcompanies operate through #networks of #franchise #dealerships, which are independent businesses that purchase cars from the #factory. While the #automaker controls #supply and offers #promotional programs, dealers generally have #autonomy over the final #transaction with the #customer.

#Automobile #Car #Manufacturer: From #B2B2C to #B2C:
#Digital #Transformation #Disruption #Business #Models:

Traditional car companies face growing #competition in the #electric-#vehicle space from rivals—such as #Tesla Inc., #Rivian Automotive Inc. and #Lucid Group Inc. —that sell #directly to #consumers and don’t have dealerships. Jon Harding, a project manager for a utility company in Southern California, said he got more than a dozen above-#sticker-#price #quotes from #dealerships of several #auto #brands during a recent search for two new family #vehicles. A salesperson at a Hyundai dealership agreed to sell him a Tucson sport-utility vehicle at the $36,645 MSRP, but required it come with $8,183 in #dealer-installed #options that would normally be ordered by the customer. Mr. Harding said he eventually found a dealer who agreed to sell him a Tucson at the list price, about a two-hour drive away. He said he also owns a #Tesla #Model3 and the frustration of #haggling with a few dozen salespeople over several months left him thinking he should buy another Tesla, even though he was looking for a more-affordable car.

#ShoshanaZuboff in her book: #Support #Economy:
#Customer #Relationships:
Why #Corporations Are #Failing #Individuals and the Next Episode of #Capitalism: A growing ‘chasm’ separates #consumers and the #adversarial #buyer-#seller #practices of #commerce. #CRM #systems focusing on #maximizing #transaction #values are ‘ultimately doomed.’
Source: https://lnkd.in/e2dSEmy :


Our Latest Worldwide #Keynotes-#Presentations-#Papers:
https://lnkd.in/eDQa9GPk:
AI-ML-Quant-Cyber-Crypto-Quantum-Risk-Computing:
#ArtficialIntelligence
#MachineLearning
#DeepLearning
#Quantitative #Analytics
#Cybersecurity
#Cryptography
#BlockChain
#CloudComputing
#Enterprise #Computing #Systems
#Banking #FinTech #Finance #Trading #Systems
#Investments #AssetManagement #Systems
#Defense-#Space-#Homeland #Security
#Healthcare #Systems#Insurance #Systems
#Risk-#Uncertainty #Management


#Global #Digital #CEO-#CxO #Networks Since 1993:
Global Risk Management Network LLC: Silicon Valley-Wall Street-Pentagon-Global Digital CEOs Networks:
AIMLExchange.com #AI-#Quantum
BRINT.com #Digital-#Quant
C4I-Cyber.com #Cyber-#Crypto
We create the Digital Future™: https://lnkd.in/di8AFd5Y:
And You Can Too https://lnkd.in/esk8PEp :

#Ford and #GM Warn #Dealers to Stop Charging So Much for #New #Cars: #Auto #makers try to curb the practice of adding fees to the suggested #retail #price, saying tactic could cost #dealerships… | Dr. Yogesh Malhotra
#Ford and #GM Warn #Dealers to Stop Charging So Much for #New #Cars: #Auto #makers try to curb the practice of adding fees to the suggested #retail #price, saying tactic could cost #dealerships future #vehicle #inventory: https://lnkd.in/eedRAtAV: #B2B2C: Traditional #carcompanies operate through #networks of #franchise #dealerships, which are independent businesses that purchase cars from the #factory. While the #automaker controls #supply and offers #promotional programs, dealers generally have #autonomy over the final #transaction with the #customer. #Automobile #Car #Manufacturer: From #B2B2C to #B2C: #Digital #Transformation #Disruption #Business #Models: Traditional car companies face growing #competition in the #electric-#vehicle space from rivals—such as #Tesla Inc., #Rivian Automotive Inc. and #Lucid Group Inc. —that sell #directly to #consumers and don’t have dealerships. Jon Harding, a project manager for a utility company in Southern California, said he got more than a dozen above-#sticker-#price #quotes from #dealerships of several #auto #brands during a recent search for two new family #vehicles. A salesperson at a Hyundai dealership agreed to sell him a Tucson sport-utility vehicle at the $36,645 MSRP, but required it come with $8,183 in #dealer-installed #options that would normally be ordered by the customer. Mr. Harding said he eventually found a dealer who agreed to sell him a Tucson at the list price, about a two-hour drive away. He said he also owns a #Tesla #Model3 and the frustration of #haggling with a few dozen salespeople over several months left him thinking he should buy another Tesla, even though he was looking for a more-affordable car. #ShoshanaZuboff in her book: #Support #Economy: #Customer #Relationships: Why #Corporations Are #Failing #Individuals and the Next Episode of #Capitalism: "A growing ‘chasm’ separates #consumers and the #adversarial #buyer-#seller #practices of #commerce. #CRM #systems focusing on #maximizing #transaction #values are 'ultimately doomed.'" Source: https://lnkd.in/e2dSEmy : -- Our Latest Worldwide #Keynotes-#Presentations-#Papers: https://lnkd.in/eDQa9GPk: AI-ML-Quant-Cyber-Crypto-Quantum-Risk-Computing: #ArtficialIntelligence #MachineLearning #DeepLearning #Quantitative #Analytics #Cybersecurity #Cryptography #BlockChain #CloudComputing #Enterprise #Computing #Systems #Banking #FinTech #Finance #Trading #Systems #Investments #AssetManagement #Systems #Defense-#Space-#Homeland #Security #Healthcare #Systems#Insurance #Systems #Risk-#Uncertainty #Management --- #Global #Digital #CEO-#CxO #Networks Since 1993: Global Risk Management Network LLC: Silicon Valley-Wall Street-Pentagon-Global Digital CEOs Networks: AIMLExchange.com #AI-#Quantum BRINT.com #Digital-#Quant C4I-Cyber.com #Cyber-#Crypto We create the Digital Future™: https://lnkd.in/di8AFd5Y: And You Can Too https://lnkd.in/esk8PEp :
Share this post
Avatar photo

Global Post AI-Quantum Finance & Trading Networks Pioneer Dr.-Eng.-Prof. Yogesh Malhotra is the “Singular Post AI-Quantum Pioneer” identified by Grok AI with R&D impact recognized among Artificial Intelligence (AI) and Quantitative Finance Nobel Laureates. As MIT-Princeton AI-ML-Cyber-Crypto-Quantum Finance & Trading and FinTech-Crypto Faculty-Industry Expert, and U.S. and Global Hedge Funds Advisory & Venture Capital CEO-CTO Teams Mentor, he has pioneered Silicon Valley-Wall Street-Pentagon Digital CEO-CTO Practices, Technologies, and Networks from world’s first-foremost-largest Global Digital Transformation Networks to New York State IDEA Award recognized Pentagon-USAF MVP Global Post AI-Quantum Networks pioneering Future of Finance and Trading practices as Trillion-Dollar Wall Street Hedge Funds and Investment Banks leader.