Can ride-hailing offset the decline in new car sales?

Brian Allan, HyreCar on AutoConverse

Do you find it ironic when industry pundits forecast the demise of the franchised and independent dealer system because of the new shared economy? Auto dealers, some would argue, might actually be in the best position to serve the on-demand and shared-vehicle sectors, and do so profitably.

In fact, according to a recent article on Automotive News by Andrew Stowe, ride-hailing could potentially offset the decline in car sales. Dealers are the lowest cost producer to serve these emerging transportation models. And they already have the infrastructure for it with little to no additional capital investment.

Furthermore, dealers can profit from the on-demand ecosystem with incremental finance, sales, parts, service and rental revenue. These new income streams can “insulate dealers from the trending shifts in vehicle consumption and reinforce the relevance of dealers,” says Brian Allan, SVP of HyreCar, a carsharing marketplace for ridesharing that was created to leverage technology and establish a presence in automotive asset sharing.

Conversation with Brian Allan from HyreCar

To talk with us about these emerging trends we welcome Mr. Allan himself. Brian joins us with more than 40 years of experience in the auto industry, most of which was spent on the retail side, and most recently in the shared economies sector as SVP of HyreCar.

Allan has been on a PR spree this past year educating and enlightening the converging automotive, mobility, and shared economies industries, and we are delighted to welcome him to the show.

Wednesday September 11th at 2 pm Central (US & Canada)


About the Show

The Mobility Tech & Connectivity Show is a live weekly webcast that explores, people, ideas, and technologies that influence how we are connected and the way we get around. The show is streamed live on YouTube and then featured on the AutoConverse Mobility Tech & Connectivity Podcast.

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About the Author

Ryan G
Ryan Gerardi is Chief Editor of AutoConverse Magazine and Executive Producer and Host of the AutoConverse Podcast and Live Weekly Broadcast. He is also Founder & CEO of AutoConversion with nearly 20 years experience in the automotive industry. Ryan concentrates his efforts today on exploring people, ideas, and technologies related to how we get around and how we are connected.
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