Kristian Stout and Subi Ramakrishnan Quoted in Financial Times on Rising Pressure Facing U.S. Auto Dealers
Financial Times
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A Financial Times article examines mounting pressure on the traditional U.S. automobile dealership model as rising vehicle prices, opaque pricing practices, and direct-sales challenges draw increased scrutiny. The article references research from ICLE’s Kristian Stout and Subi Ramakrishnan on how franchise laws can increase vehicle costs and limit direct-to-consumer sales. Read the full piece here.
Kristian Stout, director of innovation policy at the International Center for Law and Economics think-tank, has estimated consumers could save up to $5,000 per vehicle by allowing carmakers to sell directly.