THE NADA VISITS AUTOLINE - AUTOLINE THIS WEEK 2133

EV Channels Review

This episode of Autoline This Week features Mark Scarpelli, Chairman of the National Automobile Dealers Association (NADA), discussing the evolving landscape for car dealerships. Scarpelli highlights key challenges including competition from direct sales models like Tesla and ride-sharing services, and the complexities of manufacturer incentives. He emphasizes the NADA's push for greater transparency in pricing and incentives, noting that while manufacturers are beginning to listen, the process is ongoing. The discussion also touches upon the increasing prevalence of leasing, the potential impact of a large influx of off-lease vehicles on used and new car values, and the growing importance of the used car market for dealerships. Scarpelli addresses the slow consumer adoption of electric vehicles (EVs), attributing it to higher costs and regulatory push rather than consumer demand, and reiterates that dealers sell what consumers want. He also touches on the potential for Chinese automakers to enter the US market, noting their interest in understanding the franchise system. Overall, the conversation underscores the adaptability of car dealers and their commitment to serving consumer needs in a rapidly changing industry.