Online Car Sales
A significant shift towards online car sales has been observed, with nearly 30% of new car purchases in the US occurring online in 2021, a dramatic rise from less than 2% pre-COVID. The trend suggests that while legacy brands are adapting, the real transformation has been in consumer behavior, where extensive online research precedes the purchase decision. Looking ahead to 2025, the competition in the electric vehicle market is heating up, with emerging brands poised to challenge established players.In this clip
From this podcast
The Prof G Pod with Scott Galloway
Office Hours: Online Sales for EVs, Should I Take A Voluntary Severance Package? And Unconditional Love
Related Questions
What's the future of electric cars?
Can Tesla dominate the car market as discussed in the episode Office Hours: Online Sales for EVs, Should I Take A Voluntary Severance Package? And Unconditional Love, as well as in the episode Why Netflix Dominates, China’s Economic Strife, Year of Reckoning for Startups | Prof G Markets?