5 Predictions for 2023

5 Predictions for 2023

No one likes prediction posts. Or does everyone love prediction posts?

Don’t write one because you’ll be wrong in 365 days…or sooner. But they get clicks.

Whatever the case may be, I’m in front of a laptop and I have some things to get off my chest.

1.????The transition to EVs will be a convenient excuse for automakers

Any financial stumbling block a car company runs into over the next twelve months will likely be prefaced with, “the high-cost of transitioning to an EV future.” I’m not saying this is necessarily wrong or inaccurate…just be prepared for seeing that phrase a lot in 2023.

2.????Car travel will continue to be robust

This year car travel around the holidays exploded to record levels even as air travel also saw a post-Covid rebound. I don’t expect people to do less traveling by car in 2023 and this will mean more work for service departments and new car sales for those who have sat on their money riding out low inventories.

3.????Adventure trims will keep coming

All that travel often hits the great outdoors. And like an overpriced Yeti cooler, some car buyers want the look even if they don’t use it very often. I expect trim levels like Subaru’s Wilderness, Nissan’s Pathfinder Rock Creek and Ford’s Explorer Timberline to be joined by others from nearly every brand.

4.????Infrastructure will be the big EV topic in 2023

You’ve already started to see it. But now that range anxiety and time anxiety have been addressed by EV automakers and writers are happier with both range and the time it takes to recharge, now we’ll be hearing about the woeful state of the U.S. EV charging network. Expect negative headlines and comments about every third-party operator. I’d also imagine government figures like the secretaries of Energy and Transportation will be blamed for the bulk of the issues. One thing I don’t expect…a solution to the actual problem.

5.????A car brand will go extinct

I’m not going to name names, but there are far too many underperforming car brands on the market and they may fall prey to #1 above. Even sluggish brands that have been promised to go all-electric could be cut loose from larger umbrellas. Again, I won’t name names but I could see a domestic brand evaporating and a few European luxury ones as well.


David is the director of content marketing at CDK Global, a leading automotive software supplier to OEMs and dealers. He has spent nearly 20 years in the automotive industry as a product evaluator, journalist and marketer for brands like Autoblog, Cars.com, Nissan and Harley Davidson. In that time, David has tested hundreds of vehicles across all types of tracks and terrain. All opinions above are purely his own.

Brendan Dougherty

Senior Director Product Marketing

2 年

These are great Dave. I think 2023 will be transformative for the small town franchise dealership. As the grandson of former small town, Northern Illinois Chevy dealer I am bias and bullish on the importance and value of the long-standing franchise dealer model. I sincerely hope that they can adjust like they have in the past to thrive with significant change on the horizon. And for even more personal reasons I hope Land Rover isn't a victim of number 5 (LR4 has been the most enjoyable car I've ever owned).

Jim Koscs

Owner, Audamotive Communications LLC. Proven, versatile, and reliable automotive PR/marcom/editorial writer. Subjects: new, classic, future, ICE, EV, hybrid. Audiences: business, consumer, collector, enthusiast.

2 年

Number 5 for sure, with notes: A "few" European luxury brands going extinct seems like a lot; the rich are still getting richer, after all. Maybe more consolidation? BMW buys Bentley from VW and reunites the long-lost brothers from a different mother? Also solid possibilities, some too easy to call: Some EV startups will die before building/selling one vehicle. The early EV profit grabs with $50,000 starting prices will become a speed bump in the EV transition. There will still be no 3-wheel commuter cars (and there shouldn't be.) Brands that dropped base trims will revive them. Brands that DO NOT charge subscriptions for heated seats and other built-in features will tout that loudly and benefit from it. Consumers will no longer believe "supply chain issues."

Robby DeGraff

Manager, Product and Consumer Insights at AutoPacific

2 年

Great insights as always Dave, enjoyed reading this piece. Your first prediction was one that I definitely hadn't thought of but I agree 200% will become the common excuse/catch phrase.

Patrick Olsen

Editor-in-Chief at Carfax | Content Strategy Director | Collaborative Team Leader

2 年

I think No.s 4 & 5 are spot on.

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