Chris Collins (YouTube, Jan 3, 2024) predicts government aid to cover negative equity in car purchases—compared to Cash for Clunkers—and forecasts falling demand with rising inventories. He expects increasing consolidation among dealer groups and predicts that by 2025–2026 one or two of the US "big three" automakers will merge (specifically suggesting Ford and General Motors/Stellantis dynamics). He also links the timing and naming of any program to the sitting president and offers political commentary (including California budget/leadership criticism).
There's going to be some sort of government aid for all the negative equity. Kind of like Cash for Clunkers. Brilliant.
It's going to become a big problem. Sales on the front end are going to drop.
Demand will drop while inventories increase. Yep. Okay.
I like that one. I think there's going to be more and more consolidation in dealer groups. And then I think that not 2024, but by 2025, 2026, one of two of the big three will merge. And if you had to guess which two, who do you think it'll be? Ford and Chevy. I agree.
There's going to be consolidation. I think it'll be Stellantis versus the Ford GM thing and Ford will be the one.
Oh. That they'll absorb the. Yeah, GM brands. That's interesting.
Those are pretty good.
What do you think they'll call the government subsidy program? Because Cash for Clunkers was pretty catchy.
Well, who's gonna be the president?
Oh yeah, we have that. We can, we can predict too. Holy crap. Well, I think whoever the president is is going to determine the name because like say for example, if it's Trump, he's a marketer, so he's going to call it Trump's Buyback Program. Yeah. But they won't, but they won't take office till 2025. Oh, I think that this is going to happen in 2024 under Biden's watch. Am I just secretly hoping that the election sooner than it is? Maybe a little bit. Do you have a prediction of who's gonna win? Who you think is gonna win? I hate them all. I'm so, I'm so tired of it. I'm so tired of all the games. I don't know. I'm so worried that Gavin's gonna be the, the next one up and he, I, for the life of me, I don't understand how he's the governor here when it, the he's made such a mess. He may be the worst.
In the history. Like he's made such a mess. We, you know, when he came in he had a hundred billion dollar surplus. I think we're running the taxes we pay here. We're running an $80 billion deficit. It's a 200 billion dollar swing in an up economy.
Just think about the amount of waste and mistakes and like it's just nuts. Thanks so much for watching this clip of Service Driving Revolution. We're uploading new stuff every day, so make sure you subscribe and click the bell icon so you don't miss out if you have a question you'd like us to answer on the show, call 8333 asksDr and we'll answer your question on the show. That's 8333 ask SDR. For special deals on our books and training, head over to offers Chris Collins Inc. Dot com. Now that's offers.chriscollinsinc.com I'm Chris Collins, and I'll see you in the next video.
