7 Future Predictions for Car Dealerships: What to Expect in 5 Years
The automotive industry is undergoing significant transformation, and the traditional role of car dealerships is evolving. As consumer habits shift and new technologies emerge, the future of car buying and selling will look very different from what we are familiar with today. Over the next five years, car dealers in Singapore and around the world will need to adapt to meet new demands. Here are some key predictions that will shape the future of car dealerships and what buyers and sellers can expect.
1. Increasing Shift to Online Car Purchases
As with many industries, the digitalisation of the car market is accelerating. In the coming years, buyers will increasingly turn to online platforms to purchase cars, moving away from the traditional dealership model. Consumers are becoming more co...