General Motors says it expects to save $2,000 per vehicle by expanding a digital retailing platform and shifting to a regional fulfillment model for electric vehicles.
GM President Mark Reuss on Thursday provided the figure during the Detroit automaker’s investor day in New York. The company previously had outlined plans for an online EV sales tool, powered by automotive software provider Tekion, and a regional distribution strategy.
The automaker has opened three centralized EV fulfillment centers — two in California and one in the Southeast, Reuss said. The inventory management change is designed to speed up vehicle delivery times — to as few as four days — and increase efficiency, which will reduce distribution costs, Reuss said.
“The biggest enterprise-wide cost savings will come as we and the dealers change how we handle inventory, which means we’re reducing how much we’re … incentivizing vehicles that were ordered that aren’t popular,” he said. “At the same time, we’ll improve the customer experience by delivering the exact vehicles our customers want quickly and efficiently.”
