#482 -๐Ÿ‘จโ€๐Ÿ”ฌ Road Tests

School Supply Surprise, Energy Efficiency Tests, and Guiseppe the Car Kid

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TOGETHER WITH

automotive ventures

Between prepping for ASOTU CON, knocking out webinars, and pumping out podcasts, we are busy busy busy over here! But, weโ€™ll never be too busy for YOU.

Know of someone in the industry being rad? Got some helpful insights that others just gotta know? Wanna offer some constructive criticism?

Weโ€™re only one click away. ๐Ÿ“ฉ

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-Paul, Kyle, Chris & Kristi

TODAYโ€™S LOT WALK
  • Dealer donations warm the hearts of appreciative teachers. โค๏ธโ€๐Ÿ”ฅ

  • A real-world MGP test in Canada found some neat stuff. โ›ฝ๏ธ

  • An 11-year-old automotive prodigy is educating the masses. ๐Ÿ› ๏ธ

Reading time: 4 mins 25 secs

DEALERS

Granting Wishes

Giphy/Fox

From cars to classrooms, Anderson Mazda of Lincoln has gone above and beyond to support their community and childhood education. ๐Ÿ“š

This year, the dealership deployed Operation Clear Teacher Wishlists to fulfill teacher must-haves by delivering a trunk load of school supplies to various schools within their district.

By partnering with the Foundation for Lincoln Public Schools, Anderson Mazda was able to seamlessly direct the much-needed supplies and stipends to educators just in time for school to start.โ€จ ๐Ÿง‘โ€๐Ÿซ

Overall, the generosity of Anderson Mazda has touched the lives of over 150 teachers across the state, highlighting their dedication to making a positive impact beyond their own front doors.

/Positivity

We love sharing the stories of dealers partnering with their communities. If you have a story like that, send it our way! ๐Ÿ•Š๏ธ

DATA & INSIGHT

MPG: Rated Vs. Actual

Giphy/Unspeakable Studios

The Automobile Journalists Association of Canada conducts EcoRun annually, inviting automakers to showcase their most efficient models. This year, with a packed lineup of EVs and hybrids, the run revealed some brands are even underselling their efficiency!

Note: MPG measures gasoline vehicle efficiency. MPGe compares electric vehicle efficiency to gasoline's energy content. Both represent miles per energy unit.

๐Ÿฅ‡ Toyota Mirai

  • Rated: 74 mpg

  • Actual: 74.7 mpg

  • Difference: +0.7 mpg

๐Ÿฅˆ Honda Accord Hybrid

  • Rated: 44 mpg

  • Actual: 44.7 mpg

  • Difference: +0.7 mpg

๐Ÿฅ‰ Honda CR-V

  • Rated: 38 mpg

  • Actual: 38.5 mpg

  • Difference: +0.5 mpg

๐Ÿ•“ Mazda CX-5

  • Rated: 28 mpg

  • Actual: 27.5 mpg

  • Difference: -0.5 mpg

5๏ธโƒฃ Subaru Crosstrek Hybrid

  • Rated: 35 mpg

  • Actual: 33.7 mpg

  • Difference: -1.3 mpg

๐Ÿš‚ Toyota RAV4 Prime

  • Rated: 40 mpg

  • Actual: 38.9 mpg

  • Difference: -1.1 mpg

๐Ÿช‚ Ford Escape Hybrid

  • Rated: 44 mpg

  • Actual: 42.1 mpg

  • Difference: -1.9 mpg

๐Ÿฅต Hyundai Tucson Hybrid

  • Rated: 37 mpg

  • Actual: 34.5 mpg

  • Difference: -2.5 mpg

๐Ÿค– Toyota Prius Prime

  • Rated: 52 mpg

  • Actual: 48.1 mpg

  • Difference: -3.9 mpg

โšก๏ธ Tesla Model 3

  • Rated: 141 mpge

  • Actual: 135.3 mpge

  • Difference: -5.7 mpge

An extended breakdown of the complete list can be found here.

TOGETHER WITH AUTOMOTIVE VENTURES

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AROUND THE ASOTU-VERSE

40 Days!

BUSINESS

Chinese Exports

Giphy/Spielberg

By year's end, China will surpass Japan as the world's top auto exporter. In recent years the nation's exports jumped South Korea and Germany to claim the 2nd place.

Key factors? China's dominance in lithium-ion battery production and cost-effective EV production.

Moreover, global giants like Tesla and BMW have set up shop in China, yet local brands like Chery and SAIC still shine bright. EV sales are skyrocketing, with China cornering about 60% of the market.

VinFast Enters The Nasdaq

๐Ÿš—๐ŸŽ‰ Vietnam's VinFast is finally hitting the Nasdaq on Tuesday, flaunting a cool $23B valuation after its SPAC merger.

This move gives the company access to the global capital markets and puts them in direct competition with big names like Tesla. They seem prepared for the fight with a North Carolina factory opening soon. ๐Ÿ”Œ๐Ÿš€

UPS Goes Pedal Power In NY

New York is set to welcome four-wheeled electric cargo bikes โ€“ a game-changer for urban delivery. Common in Asia & Europe, these "bike vans" are eco-friendly alternatives to trucks.

Mayor Eric Adams champions this move for safety and sustainability, aiming to cut CO2 emissions and congested streets. The city is even considering widening bike lanes for them. ๐Ÿšฒ๐Ÿ“ฆ๐ŸŒ†

We've seen some last-mile delivery services turning to EVs and electric bike development. We expected each to compete for existing ICE market share, but it seems they will also compete against one another.

Teslaโ€™s Transaction Price Dips

๐Ÿš—๐Ÿ’จ Tesla's price cuts are working, but at what cost? Data shows the average transaction cost this year is a 20% YOY drop at $54,660 in July โ€” the lowest since April 2020.

Thanks to such generous cuts, the EV market saw prices dip nearly 18%. Interestingly, incentives for EVs also rose, nearly doubling standard vehicle incentives.๐ŸŒ๐Ÿ”‹๐Ÿ’ธ

CULTURE

Guiseppeโ€™s Garage

Trent Sherrill, Speed & Kulture Chronicles

While most other 11-year-olds are playing with Hot Wheels, Guiseppe Iatarola is playing with full-sized hot rods. โš™๏ธ๐Ÿ”ฉ

โ€จโ€จThe Pennsylvania tween, simply known as the "Car Kid," has transformed his passion for classic cars into a social media sensation. Running the show at "Giuseppe's Garage," he's not just racking up likes but imparting gearhead wisdom to thousands of followers. Bucking the influencer trend, Giuseppe is all about education, not clout. ๐Ÿค“

Will Oliver, Lehigh Valley News

Growing up in his family's auto body shop, Giuseppe's knack for engines began as soon as he was big enough to pick up a wrench. These days he's donning a slicked-back greaser look and custom mechanic's shirt to share trade secrets with a savvy well beyond his years. ๐Ÿงฐ

Ultimately working towards a career in automotive engineering, Giuseppe is a testament that dreams fueled by support and elbow grease can propel even the youngest minds to excel. ๐ŸŒŸ

Quick Hits

  • Mortgage rates jump over 7%. Home builders lose heart. ๐Ÿก

  • LG has a suitcase TV with a 3-hour charge so you can bring your living room to the park. ๐Ÿ“บ

  • The New York Times joins the publications opting out of AI scanning. ๐Ÿ™…โ€โ™€๏ธ

History

  • 1906: The first Mason Motor Car is produced. โ˜๏ธ

  • 1937: Harvard introduces traffic engineering. ๐Ÿ‘ท

  • 1977: Elvis Presley passes. ๐Ÿคด

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