Thursday, 13 January 2022 23:07

Cox Automotive Makes 10 Predictions for Auto Industry in 2022


...300,000 vehicles in the U.S. And now comes Lucid, Rivian and others, additional start-up EV companies following Tesla's lead.


The traditional dealership model in the U.S. is strong and, according to recent surveys, is providing a high level of satisfaction among buyers as the sales process becomes increasingly digital. A majority of consumers value access to a franchise network. 


Still, the Cox Automotive team believes the industry---and national franchise laws---will continue to evolve in ways that ultimately improve efficiency and consumer satisfaction. That evolution will include an increase in direct-to-consumer vehicle sales.


Source: Cox Automotive


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