
Episode #31
Cars Are Getting Smarter. Ownership Is Getting Harder.
The episode covers a wide range of topics, including automotive industry FAQs, self-driving technology, flying cars, and the challenges of negative equity in new car loans. The conversation also delves into the potential impact of self-driving technology on the industry and the future of transportation. The conversation covers a wide range of topics related to the automotive industry, including the impact of high car prices, the rise of robo-taxis, the role of marketing and advertising, and the future of fixed operations in the industry. Takeaways Self-driving technology is expected to become more prevalent in the automotive industry, with a significant number of car manufacturers investing in this area. The issue of negative equity in new car loans is a growing concern, with a high percentage of new loans starting underwater, leading to increased interest payments and financial challenges for buyers. Rising car prices are leading to a shift towards a renter economy in the car market. The future of the automotive industry lies in fixed operations, particularly in service departments. Chapters 00:00 Automotive Industry FAQs and Pricing 02:17 Challenges of Compliance and Pricing Transparency 03:16 Impact of Self-Driving Technology 18:34 The Future of Transportation: Flying Cars 27:10 The Challenges of Negative Equity in New Car Loans 30:12 Impact of High Car Prices 31:27 The Rise of Robo-Taxis 44:02 Marketing and Advertising in the Automotive Industry 52:36 The Future of Fixed Operations

