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Market Currents

Tuesday, August 11, 2009
9:08 AM TweetThis
  • GM and eBay (EBAY) join up on a pilot program to let consumers buy new cars by negotiating with dealers online. Currently limited to California, GM is 'predisposed' to a nationwide rollout as it tries to drum up vehicle demand.
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This news story has 2 comments:

  •  
    brillant - this should work just like iphones, right? GM has hot products, no?
    Aug 11 09:14 AM | Link | Reply
  •  
    The extreme condition of this is interesting to comtemplate. No new car dealers, no new car lots, no distributed inventory, perhaps no inventory at all as deals are negotiated online and the auto you order is custom made within days and delivered to your door. Former new car salespeople are retrained as car delivery people by Fedex, UPS, and USPS.
    Aug 11 09:18 AM | Link | Reply
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