๐Ÿš— Dealers Carry Momentum into 2025

๐Ÿš™ VW's Breach, BYD's Scandal, and 2024's Most Popular Models

TOGETHER WITH

Happy New Year, friend! ๐ŸŽŠ

From our entire team, weโ€™re excited to see what this year has in store for each of you and each of us.

But mostly what it has for the industry we serve and love.

Keep Pushing Back in 2025,
-The ASOTU Crew

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๐Ÿ•ต๏ธโ€โ™‚๏ธ VW's Data Drama, 2025's Dealer Momentum, and BYD in Brazil

๐Ÿ“ˆ Year-End Sales Surge

2024 finishes strong with U.S. new-vehicle sales hitting 15.9M, the best since 2019. Lease deals, improved inventory, and EV incentives drove growth, but affordability challenges linger. Dealers should lean into creative pricing and value-driven strategies.

๐Ÿ”“ VWโ€™s Privacy Breach

Volkswagen left unencrypted location data for 800K EVs online, exposing owner details and travel patterns. Though patched, the mishap highlights risks in connected car tech. For dealers, itโ€™s a reminder of the trust customers place in digital features.

๐Ÿ‡ง๐Ÿ‡ท BYDโ€™s Brazil Scandal

BYD faces backlash after Brazilian authorities uncovered forced labor conditions at a factory site. The fallout threatens its global expansion, including into the States. Dealers can use this as a moment to champion ethical practices.

Read the Full Digest
Get the full scoop on these stories and more. Dive into the latest trends shaping the auto industryโ€”read now!

TOGETHER WITH NADA

NADA Show Hotel Deadline Next Wednesday

Set yourself up for success in 2025 by attending the Auto Industry Event of the Year. Join us Jan. 23-26 in New Orleans for NADA Show, featuring top-tier educational sessions, a 500-exhibitor expo hall and nonstop networking. Register by next Wednesday, Jan. 8, to take advantage of discounted hotel rates. Youโ€™ll also save $100 on your registration.

Explore the full program and register now to SAVE!

Top 10 Best-Selling Vehicles of 2024

For the 47th year in a row, the Ford F-150 claimed the title of Americaโ€™s best-selling vehicle, with 20% of buyers opting for the hybrid version.

This year also marked a high point for hybrids overall, bridging the gap between traditional gas-powered cars and EVs.

  1. Ford F-150 โ€“ The perennial champ, lauded for its balance of capability and efficiency.

  2. Toyota RAV4 โ€“ A consistent favorite, with hybrids accounting for half of its 430K units sold.

  3. Honda CR-V โ€“ Climbed to third place, with hybrids making up half of sales.

  4. Chevy Silverado 1500 โ€“ A staple of American driveways, holding 2.5% of the market even without a hybrid option.

  5. Tesla Model Y โ€“ The only fully electric to make the list, with 336K units sold.

  6. Toyota Corolla โ€“ A steady hybrid favorite.

  7. Toyota Camry โ€“ Newly transitioned to an all-hybrid lineup for 2025.

  8. Nissan Rogue โ€“ A rare non-hybrid SUV on the list, maintaining solid sales.

  9. Honda Civic โ€“ Budget-friendly and on the rise.

  10. Chevy Equinox โ€“ Captured 1.4% of the market, maintaining its position as a popular crossover.

Find out what the Automotive Troublemakers thought of this list here.

AROUND THE ASOTU-VERSE

๐Ÿ—“๏ธ Coming Soon

โšœ๏ธ January 23-26th, 2025 โ€” NADA Show in New Orleans. Find the best parties here!

๐Ÿ“ January 30, 2025 โ€” Public Policy Day with WANADA and the Washington, D.C. Auto Show.

๐Ÿฆ€ May 13-16th, 2025 โ€” ASOTU CON in Baltimore, Maryland.

๐ŸฅŠ Quick Hits: Manta Rays, Apple TV, and Crypto

  • Manta rays are teaching robots how to swim faster. Enjoy knowing that next time youโ€™re at the beach. ๐Ÿฅฝ 

  • Apple TV is free this weekend. ๐Ÿ“บ๏ธ 

  • Cryptoโ€™s $205B Stablecoin market is set to go mainstream. ๐Ÿช™ 

๐Ÿ” Today in History: Jan 1, WWII, and The Euro

  • 45 BC: The Julian calendar takes effect as the civil calendar of the Roman Republic, establishing January 1st as the date of the new year. ๐Ÿฅณ 

  • 1942: U.S. civilian auto production is put on pause for WWII. ๐Ÿง‘โ€๐Ÿญ 

  • 1999: The Euro currency is introduced in 11 member nations of the European Union (with the exception of the United Kingdom, Denmark, Greece and Sweden). ๐Ÿ’ถ 

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