Disruption is coming to the auto industry, whether it is ready or not. Many U.S. dealerships recognize the need for change but just aren’t sure of the best path forward. Some are hesitant but will soon learn they must evolve or be left behind. And those who are embracing the challenge see it as a time for experimentation and growth — an opportunity to increase profits and grab more market share.
This special section takes a look at how dealers and lenders are grappling with new methods of financing and protecting vehicles. In these pages, Automotive News explores the latest innovative trends and how dealers and lenders are thinking about what’s next in digital retail, financial technology platforms and electric vehicles. We also examine how captives are experimenting with online refinancing and lease-end tools, and get insights from Ford Credit’s new CEO.
Change is inevitable. But how U.S. dealerships view these disruptions will go a long way toward determining their future.
