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- đ EV Credits on the Clock, Hybrids in the Lead
đ EV Credits on the Clock, Hybrids in the Lead
đ Congress Aims to End Tax Credits, Fordâs Q2, and the Marketâs Shifting. Again.

TOGETHER WITH
Wednesday, July 2nd.
Welcome to your day!
Today, youâre going to encounter two kinds of people: transactions and relationships.
You get a pretty big say in which is which and who is who.
Serve somebody well today, Friend.
Keep Pushing Back
-Paul, Kyle, Chris & Kristi
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Reading time: 3 min
Fast-Tracks, Deepfakes, and The Q2 Data Rollout Begins
From the Pod:
Congress is fast-tracking the end of federal EV tax creditsânew and usedâby September 30, 2025.
Global automakers are paying up to 30% more to escape reliance on Chinese magnet materials.
And small businesses are fighting a rising wave of AI scamsâdeepfakes, fake stores, and brand impersonationâwith real financial loss.
From the Digest:
Ford led a strong Q2 with a 14.2% sales jump
The real mover was hybrids, not EVs. GM, Kia, and Hyundai also posted gains. Dealers leaning into the âmiddle laneâ of electrification are outpacing those still caught in the gas-vs-EV binary.
Meanwhile, Jaguarâs rebrand has turned into a freefall.
Just 49 cars were sold in Europe in April. When a brand forgets why customers loved it, reinvention becomes erasure.
In China, four major dealer groups are publicly pleading with OEMs
Chinese dealers are asking to stop the inventory dumps and below-cost pricing. Itâs a regional crisis with global echoesâespecially for any U.S. store feeling the pressure to âtake more units.â
Renault and Nissan made their split official.
Renault booked an $11B hit. For dealers connected to either brand, this is less about history and more about preparing for strategic reshuffling.
âŠexposed the downstream effects of bad financing: a jobless teen handed a $900/month burden on a used Subaru. Itâs a reminderâfinancial education is no longer optional. Itâs part of the value proposition.
After the dust settles, somebodyâs gonna be the âvillainâ in this story.
â More
Weâve got more on these and several other stories in our Daily Digest.
đ„ Quick Hits
Minimum wage increases hit 880K workers in the US today. đ€
Tests show a new brain implant helps immobilized people turn thoughts to words with expression and even sing. đ§
Half a million Spotify users are listening to the AI-generated music of the AI-generated band, The Velvet Sundown, which HAS to be an AI-generated name too. đ€
Customer Transport Costs Down, Repair Volume Up
According to industry data, transportation services now rank as the third-highest expense on dealership P&L statements. Yikes!
In the upcoming ASOTU Edge webinar, we talk with Stephen Chapman (Manager at Automotive Verticle) to learn how smart transportation solutions like Uber for Business can help optimize these expenses and eliminate bottlenecks.
Ready to rethink your service capacity with intelligent transportation management? Register today to learn how!
CULTURE
A Latte Lesson in Disruption

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So here comes Luckin CoffeeâChinaâs answer to Starbucks, but faster, cheaper, and unapologetically Gen Z. They just opened two U.S. stores in New York. Drinks under four bucks. Flavors with names that sound like a social media filter. And no one behind the counter is spelling your name wrong.
Letâs be real: itâs not about coffee. Itâs about relevance.
Starbucks had a 50-year head start. Luckin beat them in China in five. Now theyâre here, and theyâre not trying to be better. Theyâre trying to be next.
If youâre running a store, this should sound familiar. Legacy brand. Challenging with speed and style. Customers are shifting faster than old playbooks can handle.
We talk a lot about being âcustomer-first,â but Luckin is moving like a brand that started with todayâs customer, not one trying to win them back.
So whatâs the move?
Donât assume brand equity protects you.
Donât wait for your competition to look serious.
And donât forget that speed, clarity, and cultural fluency still close deals.
Weâre not in the coffee business. But weâre absolutely in the attention business.
AROUND THE ASOTU-VERSE
Auto Collabs
The AutoâŻCollabs crew sits down with Jade Terreberryâformerly of commercial real estate lending and dealership operations, now leading analytics and insights at Cox Automotive.
With her roots planted firmly in the car world (thanks to a dad who spent 40 years winning national Honda sales contests), Jade shares how her love for data and love for people collided to shape her journey back into automotive. Sheâs a natural mixer of entrepreneurial instinct and analytic rigor.
đ Today in History
1962 â The first Walmart store, then known as Wal-Mart, opens for business in Rogers, Arkansas. đ
1992 â The one millionth Corvette is built đ§âđ
2002 â Steve Fossett becomes the first person to fly solo around the world nonstop in a balloon. đ
Until tomorrowâŠ

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