73% OF DEALERSHIPS CLOSING FOREVER! (INDUSTRY EXTINCTION)

EV Channels Review

This video presents a dire outlook for the traditional automotive dealership model, predicting the permanent closure of 73% of dealerships in America due to a confluence of factors including oversupply, collapsing vehicle values, a severe credit crisis, and shifting consumer behavior. The reviewer highlights the immense human and economic cost of this "extinction event," emphasizing the loss of jobs and community support. The core argument is that the fundamental ways Americans buy, finance, and own vehicles have become obsolete, accelerated by government policies like EV mandates that are disconnected from consumer demand. The video warns of a "Great Automotive Reset," where those who anticipate the changes will profit, while others will be financially devastated. It advises consumers to wait to buy, focus on simple used vehicles, and for industry professionals to transition to new mobility-focused roles. The overarching message is that the automotive age is ending, replaced by a mobility-as-a-service era.