Mike Colias
speaker
140 appearances
2 recordings
1 series
first heard Aug 2017
last heard Aug 2021
Mike Colias’s voice in public audio — every appearance, attributed to the second.
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Appearances
If we can do that for even a quarter of our customers, we take a lot of costs out, we don't have to spend as much on discounts, and they see it as boosting profitability.
Yeah, that's a big concern, I think, is this marginalizing the dealers.
No dealer wants less foot traffic volume at their stores.
I think there are aspects of this that are appealing.
They also don't like carrying over 1,000 cars in their lot.
It's a lot of carrying costs and a lot to manage.
So if they knew that a car was going to arrive from the factory and there's a name on it and someone's going to pick it up the next day, that
that helps solve the problem for them.
I think the big, the big concern I'm hearing from dealers is if I don't have enough cars that people want sitting on the lot and the Chevy store down the street does, what's going to stop them just from, from going to them.
So it's a big market share question for both the car companies and the dealers.
You know, if we move away from this system of just having everything right here and you pick from the selection we have,
And you don't have what people want and they're not willing to wait.
People don't have patience.
So that's the big concern.
So this is actually the way it works by and large in Europe.
Europe doesn't have...
sort of these giant dealership lots.
They don't have the sort of land that we do in the US to have 1,500 cars sitting on a dealer's lot.
And so Europeans are used to ordering their car and waiting several weeks or even a few months to get it.
And the car companies in the US kind of used to work decades ago.
Showing 21–40 of 140 · page 2 of 7
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