Build-To-Order May Not Be Built To Last

  • 📰 Forbes
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 26%
  • Publisher: 53%

Customers can wait for just the right vehicle to show up on the lot, or order a custom one that oftentimes comes with a months-long wait:

United States Headlines News

United States Latest News, United States Headlines

Will consumers go along with the notion of order and wait? It's not a new option. Car shoppers have been able to customer order vehicles for decades, but will they go along with that being the primary option? Maybe yes, maybe no.

conducted with The Harris Poll only 28% of consumers said they're willing to wait for their vehicle beyond two or three months.... [+]That willingness varies by age group with older shoppers the most patient. Specifically, 42% of those identified as Baby Boomers ages 57 and older said they're willing to order and wait for their vehicles, while the younger segment of Generation Z, ages 18-30 were the least patient with only 15% saying they're fine with waiting months.

Automakers and dealers also enjoy gratification, especially the financial variety. Both Desmond and Twydell agree the build to order business model gives automakers the opportunity to better focus production and purchasing to vehicles consumers actually desire. “Depending on the dealers you talk to, they're still uncomfortable about not having vehicles on their lot,” observed Twydell. “Inventory used to be a competitive advantage for a lot of the larger dealers to offer a greater selection.”Both analysts believe the new model will still involve on-site vehicles for those who can't or won't wait, just not as many on some lots.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Advocates to Democrats: Build Back Better by giving the undocumented green cardsImmigration advocates are pushing Democrats for a better deal in a bill heading for a vote for the millions of people living in the U.S. without legal immigration status. Insult to all people that came to America legally-
Source: NBCNews - 🏆 10. / 86 Read more »

Mayor’s Plan to Build a Giant Topiary Chicken Lays An EggCity leader’s dream of building the world’s tallest topiary cost him his job. Now locals are trying to decide what to do with the 16-ton structure; ‘The chicken is obviously polarizing’ And Trump laid an egg by doing nothing. I have more respect for the mayor. Why would you waist tax payers monet on something so utterly ridiculous. No wonder the mayor got voted out of office.
Source: WSJ - 🏆 98. / 63 Read more »

Try This Gratitude Practice With Your Team To Build Better Team Morale And Relationships At WorkAbundant research shows that a gratitude practice has a powerful positive effect on our well-being. And although we might think of it as a personal and private practice, it is possible to develop a gratitude practice in the workplace.
Source: ForbesWomen - 🏆 477. / 51 Read more »

Opinion | Biden Can Whip Inflation and Build Back BetterFrom WSJopinion: The potential short-term effects of Build Back Better on inflation are dwarfed by the good it would do, writes jasonfurman opinion jasonfurman The road to hell is paved with good intention. Inflation will continue to raise as $3 trillion in new fiat money is co-mingled with the already $29 trillion existing fiat money making it worth even less while continuing to drive up prices. opinion jasonfurman 😂😂😂🤡🤡🤡 opinion jasonfurman He can't build back what he isn't part of . The Rock is coming .
Source: WSJ - 🏆 98. / 63 Read more »

Care workers are demanding Congress pass Build Back Better ActThe workers caring for your sick and elderly relatives are demanding Congress pass Democrats' plan that would up wages for 1 million of them: 'They know we deserve it' 照顾生病和年老亲属的工人要求国会通过民主党的计划,提高100万人的工资:“他们知道这是我们应得的” Fire hblodget They’re also being fired and forced to quit because they are being forced to take a shot they don’t need.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Biden says 'Build Back Better' bill will be passed within a weekU.S. President Joe Biden said on Tuesday that he expected his 'Build Back Better' legislation to be passed within a week's time. RemindMe_OfThis in 1 month
Source: Reuters - 🏆 2. / 97 Read more »