
TOGETHER WITH
Welcome to Tuesday, Friend!
We know itās the first official day of the NADA Show, but first.
We think we can speak for all of us when we say, āWhat the heck, Phil?"
Anyway.
Enjoy the Show, everyone! And drink lots of water.
Youāll thank us tomorrow.
Keep Pushing Back Warm,
-Paul, Kyle, Chris & Kristi
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Reading time: 3 min and 41 sec
Courtesy That Feels Like Luxury
Waiting for a shuttle is so 2013.Ā
Uber for Business lets you offer customers a premium-feeling ride without running a fleet or babysitting a schedule.Ā
One click, and theyāre headed home, to work, or wherever they need to goāwithout awkward waits in the service lounge or hoping the shuttle route loops back soon. Itās an easy way to make service feel like service, not a DMV.Ā
Track it, tie it to the RO, and turn what used to be a stress point into a high-five moment.
THE NEWS
F&Iās Up, Margins Are Down

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Dealership profits cooled at the end of 2025, but new data suggests the industryās footing heading into 2026 remains solid.
The latest PresidioāNCM Average Dealership Performance Benchmark shows a 9.7% dip in Q4 net pretax profit for the average U.S. franchised storeāa pullback driven by tighter margins and a demand slowdown after a year of policy-fueled volatility.
Average gross profit per new vehicle retailed fell 1.4% to $2,005, with the sharpest compression at import-brand stores, followed by luxury and then domestic. The margin squeeze comes as many buyers accelerated purchases earlier in the year to avoid tariff hikes and the end of federal EV tax credits, leaving thinner profits to close out the year.
Even so, 2025 ended in positive territory.
Annual profits rose 6.3%, marking the first full-year increase since 2021. Strong F&I (+9%) and service and parts (+7%) performance helped offset softer new-vehicle margins, with fixed ops now accounting for more than half of total dealership gross profit.
For now, dealers still have momentum. Just not margin to waste.
CAās Push for New EV Incentives

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Californiaās looking to recharge its EV market with a new $200M incentive plan, but it comes with a few caveats.
Only first-time buyers would qualify, and automakers would have to match the stateās contribution.
Details are still pretty vague on how much buyers could get, but itās clear California wants to keep momentum going after its previous rebate program ran out in 2023 and federal tax credits disappeared last fall.

Tenor
China just announced a ban on concealed door handlesāthe sleek, flush designs popularized by Tesla.
Starting next January, every new vehicle sold in the country will need a mechanical release inside and out, with enough space for a hand to grab and open it manually.
Officials say the change is about safety. Several fatal crashes have shown that electric-only latches can fail in power outages, trapping occupants inside.
The new rule means major redesigns for Chinese automakers, many of whom rely on these handles across their bestsellers. Existing models in late development will get a two-year grace period to comply.
Itās a small detail with big implications. As China, the worldās largest EV market, tightens safety standards, manufacturers everywhere may need to rethink how far design should go in chasing style over safety.
AROUND THE ASOTU-VERSE
Nightlife at NADA
If youāre in Vegas this week like we are, you know just how much there is to see and do. It can honestly be overwhelming.
Thatās why weāve made it easy to organize your time, and find the evening events you canāt missāall in one place.
Check out NADAParties.com to get your plans together now.
Quick Hits
š¤ AI: A new Reddit-style forum built solely for AI agents is resulting in some truly alarming posts. š±
š¶ Music: Bad Bunny made Grammy history after his all-Spanish album was awarded Album of the Year.
š½ Weird: This is a Donkervoort P24 RS, and itās as fun to say as it is to look at.
Today in History
1870: Construction begins on the Brooklyn Bridge in NYC. š
1888: The drinking straw, invented by Marvin C. Sone, is patented. š„¤
1959: Alaska is admitted as the 49th U.S. state. šŗšø
2009: The first block in the blockchain for Bitcoin is established. āļø
Thanks for reading along, Friend! Same time tomorrow?




