The future of car dealerships?
Welcome to the Know the Difference Minute for Thursday, September 15th. 
Ford Motor Company is dead serious about their electric future—even though the star of the Detroit Auto Show was their 7th generation gas-powered Mustang. 
Ford’s Blue division is focused on internal combustion engines. The Ford Model E business is about the plugin. The company has given 3,000 dealers an ultimatum and a deadline: If they want to sell EVs, they’ll need to invest their own money, meet selling standards, and add fast charging stations. They have until October 31st. 
Certified dealers will shoulder an upfront initial investment of about $500,000 and focus on ownership and charging, with limited, built-to-order sales. Elite dealers will need to invest 1.2 million to handle ownership, charging, and sales with stock on the lot.
It's a seismic shift in the traditional automaker/dealer relationship.
I’m Dave Spano from Annex Wealth Management.  That is your Know the Difference Minute.