Here are highlights from the latest Automotive News Daily Drive podcasts, May 16-19, hosted by Jamie Butters.
“Affordability for consumers, right in the end, is what it comes down to. And vehicle prices are increasing. Forget about the markup on the vehicle, but the actual cost to make a vehicle is increasing. The rates and the affordability of that vehicle and all those other pressures. And consumers are not just facing inflationary pressures on vehicles, they’re facing it across the board. So how does that impact this future?”–George Karolis, Presidio Group president
“We’ve been tracking this pretty extensively over the past year-plus and found there was a very large surge of transactions in the fourth quarter. We counted more than 150, actually, and more than 300 rooftops have traded hands. And what led to that were a couple of things. One, we’ve been told by many [dealers] that they like to get their transactions done by the end of the year for tax planning purposes. … And secondly, there was a lot of chatter last year about capital gains taxes.”–Melissa Burden, Automotive News reporter, on the surge in dealership transactions in 2021
“What we want is everyone, every day, every time someone’s a driver or a passenger in a Nissan and in a Nissan EV, is the thrill, the great moment, something positive going on. And then the quality — whether it’s perceived or the durability — that’s an uncompromisable objective that we are systematically challenging ourselves.”–Jeremie Papin, Nissan Americas chairman
— Listen to these and other shows at autonews.com/dailydrive.