Skip to Content

Why Warren Buffett is wrong on car-dealer model

April 14, 2015 In The News 1 min read

Warren Buffett recently said he thinks the car-dealership franchise model isn't going to change. I wouldn't be so sure.

At the NADA/J.D. Power Automotive Forum in New York recently, Buffett said, "When a distribution system [car dealers] becomes that firmly established, there's a reason for it."

But, of course, everything changes. We have seen entire established industries collapse given the technologies that are available to us today.

Related Thinking

Person charging their electric vehicle.
June 12, 2024

SAA Coffee Break: Vehicle emissions standards impact on OEM powertrain strategies

Webinar 15 min watch
Two tax professionals standing on steps discussing cost segregation.
June 6, 2024

Real estate company saves $2.3 million in taxes using cost segregation

Case Study 2 min read
Aerial view of Washington D.C. at dusk.
June 6, 2024

4 ways to monetize Inflation Reduction Act tax credits

Article 7 min read