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The direct sales, home delivery, and at-home servicing of electric cars has the potential to wipe out a vast part of the US dealership economy, and with it tens
by dtagames 4y ago
The direct sales, home delivery, and at-home servicing of electric cars has the potential to wipe out a vast part of the US dealership economy, and with it tens of thousands of jobs and hundreds of millions in tax revenue. In the US, car dealerships are often a city's largest source of sales tax revenue.
My guess, as a former sales and auto finance guy, is that VW has seen the handwriting on the wall and doesn't want to invest anymore in the traditional dealership model and all the capital baggage that it requires.
If one compares EV platforms and products, VW is furthest ahead among the combustion vehicle manufacturers, so this is a bet on EV cars winning in the long run.