U.S. Senator Bernie Moreno, a former car dealer, joins Inside Automotive to discuss the economic, regulatory, and geopolitical pressures shaping today’s retail automotive landscape. Drawing on both industry and policy experience, Moreno offers perspective on how global conflict, affordability challenges, and evolving regulations are impacting dealers and consumers alike.
The conversation explores the short-term effects of rising fuel prices tied to global instability, as well as longer-term risks such as potential memory chip shortages driven by AI demand. Moreno also outlines his views on trade policy, interest rates, and electrification, emphasizing the need for market-driven solutions and regulatory balance. As dealerships navigate increasing scrutiny and shifting consumer expectations, he highlights the importance of operational discipline, customer experience, and adaptability in maintaining profitability and long-term success.
Key discussion points:
- The impact of global conflict and fuel price volatility on dealers
- Emerging supply chain risks tied to memory chip demand
- Trade policy, tariffs, and U.S. manufacturing priorities
- Interest rates, financing, and affordability challenges
- Regulatory pressures, including FTC oversight of dealership practices
- Market-driven approach to EV adoption and vehicle mix
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