Ford, GM & Toyota Just DITCHED Dealers & STUNNED The Entire Car World! | HUGE News!

In this video, we look at a dramatic shift in the automotive business, as three major automakers - Ford, General Motors (GM), and Toyota - announce plans to discontinue traditional showrooms. Join us as we look at the daring decisions taken by Ford CEO Jim Farley, GM CEO Mary Barra, and Toyota CEO Koji Sato, who each announced their plans for a new era of direct-to-consumer sales. This action marks a substantial break from long-standing traditions and has the potential to disrupt the competitive environment of the automotive industry.

Ford, General Motors, and Toyota are not only iconic brands, but also formidable competitors in the worldwide automotive industry. Their choice to circumvent traditional dealerships is poised to upset the status quo and set a new norm for auto sales, potentially affecting competitors such as Tesla, BMW, and Mercedes-Benz, which have already explored or implemented direct sales methods. This strategy shift might transform consumer experiences, expedite the purchasing process, and provide more competitive pricing, placing extra pressure on other automakers to reconsider their own dealership models.

In this video, we'll look at the rationale behind these landmark rulings, the possible benefits for customers, and the consequences for the whole automobile industry. We will also address how these developments may affect other automakers, including industry titans such as Volkswagen, Honda, and Nissan, who may feel driven to adjust in response to changing market conditions. With Ford, General Motors, and Toyota leading the way, the automobile industry is on the verge of a transformation that could usher in a new era of innovation and customer-centric practices.

Stay tuned as we delve into the intricacies of Ford, GM, and Toyota's breakthrough announcements and discuss what this means for the future of car purchase, dealer networks, and the whole automotive environment. Don't miss this in-depth look at how these automakers are reinventing their strategy to stay ahead in a more competitive and fast changing business.

[ROADKING-yvdc]

I can't stand working with car dealers, they lie, cheat and steal. It's crazy that you can go to multiple dealership for the same and get totally different prices for the same vehicle. THAT'S A HUGE PROBLEM!

[poorfesor]

They brought it on themselves with the insane price gouging markups. (If they actually do this)

[viktorm]

This smells like the manufacturer sets fixed prices for more favourable returns

[TerrySprey]

Auto dealers are crooks the one thing I hate doing is buying a car

[davepa]

Another way to strip more money from the car buyer? Money for the car and money for the service? Better the makers just regain control of dealerships. Or, is it just more smoke and mirrors?

[JohnWood-hf]

They are wowed because they can’t believe the price being asked for the vehicle. So states that does not allow direct auto sales will have none of the vehicles? Dealerships are not worried because abuse they will just keep saying at high prices and screw customers.

[KADSL]

They get into a vehicle and get wowd, yea, it's the high price Mary Barra. I think it's little too late to bypass dealerships. Their unfair markups was going on for sometime and the OEM's ignored it. Good luck with that.

[crippleguy]

STEALERSHIPS SUCK with their price gouging crap . Nobody like dealing with employees thievery .

[justsumguyu]

I think it's a bad idea. They still need sales outlets, but they need to be corporate-owned and run. No markups, no haggling, everything sells at MSRP. And the service department would no longer be looked at as a sales department; no commissions, no upselling, people just get the service they actually need

[johnlesoudeur]

Has the editor been brought up on the early days of PowerPoint presentations? whoosh, whoosh.

[Ibanez]

Dealerships take advantage of owners via service departments. They promote unnecessary services like wheel alignments at every opportunity. But how will actually necessary services be delivered otherwise?

[richardalfaro]

Electric vehicles are garbage never buy it and never buy a car with a small
Engine and a turbo

[davesprojects]

Ok how do you test drive a vehicle then? You order a truck or car and get it and then don’t like the way it drives or feel then what? I know without the dealership middle man price add on is not there. So it might lower the price but not by that much. Also now you’re removing jobs by deleting the dealerships. Mechanics, salespeople, maintenance people for the buildings even the people who wash the vehicles. Less people working less money to buy what your selling. I don’t like dealing with dealerships by there is some options that I like to do before I make an investment into something.

[WilliamDove-dt]

So if dealers are not going to sell EV's the manufactures are going to force them onto the consumer.

[stevem]

Where are you going to go for car repairs and get genuine car parts

[aliciakennedy]

Another bad idea as it will alienate older customers with money, the customers always want to deal with a mechanic, evs are stupid idea and must be banned entirely

[williamtaylor]

Interesting video. But the constant transition sound effect was distracting and irritating.

[b.bailey]

the 'innovative technologies' part is a huge red flag for me. Plus... more jobs lost forever, replaced by AI and robotization. I think in the end this will be their undoing. Customers think AI and digitalizing everything is the best thing since sliced bread and demand it... I disagree. I think it would be far better to regulate dealerships so that price gouging can't happen. How can someone buy a car online, sight unseen and never drive it? We're losing the human touch; how bizarre. Anything decided by 'corporate' is for one aim: more profits - for the CEOs. If this narrator uses the word "seamless" one more time I think I might be ill.

[anthonycano]

How are customers going to receive genuine parts, service, maintenance, professional professionalism? ASE mechanics will adhere to warranty prices and trouble shooting? I smell a Rat!

[teeth]

God made man
Man made EV-a and it was a disaster.