#840 - 🚗 It's Like Christmas Eve

🚙 Italy, Tariff Talk, and a Wonderful Webinar

November 12, 2024

TOGETHER WITH

Welcome to Tuesday!

Tomorrow, we have a new episode of More Than Cars to share with you. Of course, words like “share,” community,” and even “love” have taken a corporate beating in the last few years, so we hope you’ll forgive the limitations of vocabulary when we say: We are truly so excited to show you what we’ve been working on.

We put our hearts into showing the world there is more to their friendly neighborhood auto dealerships than just cars.

Join us at the link below.

Keep Pushing Back
-Al, Nathan, Spencer, Myles, AMJ, Jeanne, Michael, Paul, Kyle, Kristi, and Chris

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AROUND THE ASOTU-VERSE

🎬 Episode 4 of More Than Cars at Mohawk Chevrolet

Click the Image to watch the episode 4 trailer!

The next episode of More Than Cars will be released on November 13th at 1:00 pm EST!

The dealership model remains the best way to get vehicles to American families.

Local businesses are disappearing, leaving our communities behind, while Wall Street takes the win. But car dealerships? They’re different—founded, owned, and run by people who live and care about the communities they serve.

This show is about you, the people behind the wheel. Join us for the new episode, and invite a friend who might still think all car dealers are the same.

Check out the trailer and make a plan to join us for the live-stream premiere!

🔍 Industry Insights: Policy Shifts, EV Growth, and Market Realities

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Here’s what’s driving today’s news. Italy is scaling back on EV subsidies, particularly for vehicles with Chinese components, while BMW’s CEO is voicing concern that the EU’s 2035 gas ban could make the region too reliant on Chinese batteries. Schaeffler is making significant job cuts as the German auto sector feels pressure from EV transition costs, and despite a slight drop in overall UK car sales, BEVs continue to grow steadily.

In the U.S., Trump’s potential policies could shift EV incentives toward tariffs, and software issues now account for 20% of vehicle recalls. Auto giants are adjusting to slower sales and cautious consumer spending (Ford’s stock dropped 20% last week), but U.S. auto sales overall are at their highest since before COVID. Deloitte’s new study shows that consumers remain divided on EVs, with gas engines still holding appeal in several markets.

🚀 Essential Advertising Strategies!

Join ASOTU and Stream Companies:
🗓 Friday, November 15th, at 1:00pm EST 🗓
For Part 1 of our no-fluff Advertising Strategies Webinar

Get ready for insights on tackling the biggest ad challenges today:

  • The rise of AI

  • Privacy shifts

  • Rising ad costs

📝 Here’s what’s on the agenda:

➡️ Data Dissection 101
Pinpoint where your ad strategy soared—and where 2024’s budget might’ve slipped.

➡️ Future-Proofing
Stay nimble with evolving metrics, even when location data gets fuzzy.

➡️ Metrics with Guts
Forget vanity stats. Uncover what actually drives results in 2025.

AROUND THE ASOTU-VERSE

🗓️ Coming Soon

⚜️ January 23-26th, 2025 — NADA Show in New Orleans.

🦀 May 13-16th, 2025 — ASOTU CON in Baltimore, Maryland.

🥊 Quick Hits: Tariffs, Grammys, and Birds

  • President-elect Donald Trump's proposed tariffs on U.S. imports face legal and congressional hurdles. While he claims executive power to impose them, Sen. Rick Scott suggests a 60-vote Senate majority may be required. 🛳️ 

  • The Beatles’ new song "Now and Then," created with AI-enhanced John Lennon vocals from a 1970s demo, earned Grammy nominations for Record of the Year and Best Rock Performance. This marks their first Grammy nods 50 years after their breakup. 🤖 

  • Birdwatchers worldwide set a record, documenting 7,800 bird species in a single day on October 12th. Organized by eBird and Cornell Lab of Ornithology, 748,000 participants from 201 countries flocked to the event, generating valuable conservation data. 🐦️ 

🔁 Today in History: GM, SanFran, and NASA

  • 1908: GM buys Oldsmobile. 🤑 

  • 1936: In California, the San Francisco–Oakland Bay Bridge opens to traffic. 🚘️ 

  • 1980: The NASA space probe Voyager I makes its closest approach to Saturn and takes the first images of its rings. 🛰️ 

Thanks for reading, friend! What’s that? Anything up with us? Well, yeah, crazy you should ask! Check out AutomotiveIndustry.AI.

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