🚗 Trouble and Trouble

🚙 Fisker, the SEC, Stellantis, and the UAW

October 08, 2024

TOGETHER WITH

Welcome to Tuesday, Friend!

Today, we have news from Fisker’s SEC trouble, GM’s robo-car dreams, and the new electric Jeep. Then, we look at Stellantis and the UAW going at it in court.

Luckily, with all these legal, financial, and technological complications flying around, we are all safely in our offices, showrooms, or service bays — holding it down, and keeping it up.

Be well, and…

Keep Pushing Back
-Paul, Kyle, Chris & Kristi

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Today's Email

🏆 Fisker’s SEC Troubles, GM’s Autonomous Ambitions, and Stellantis’ Jeep Revival

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🥇 Fisker’s bankruptcy mess gets even worse as the SEC investigates their handling of settlements and missing documents, raising concerns about potential securities violations.

🥈 GM is moving aggressively to develop a “hands-off, eyes-off” driving system, aiming to surpass Tesla’s Autopilot and potentially revolutionize highway driving with its upcoming Level 3 autonomous tech.

🥉 Meanwhile, Stellantis is banking on the new Jeep Compass to revive its struggling Italian production, offering flexibility with electric, hybrid, and traditional engine versions to boost market appeal.

Read the full digest here. (Read time: 3 min 55 sec)

Texting that Keeps Your Prospects Warm AND Informed

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Get a first look at the new texting follow-up functionality from Foureyes, powered by AI — and you.

This feature helps salespeople by automatically texting inventory updates to prospects when price adjustments are made on vehicles they’re interested in (using your dealership data).

AI initiates the conversation, but seamlessly hands off to your salespeople to pick up when needed – a feature you control.

If you're at Digital Dealer this week, stop by booth #531 to see it for yourself!

You can also join the waitlist to get notified the moment it’s available this fall.

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Stellantis has filed eight additional lawsuits against the United Auto Workers (UAW) and 23 local unions, accusing the union of threatening an unlawful strike over delayed investments.

The automaker claims these delays are due to market conditions, particularly slowing EV demand. Meanwhile, the UAW argues that Stellantis is failing to honor its $1.5B investment commitment to its Belvidere, Illinois plant. The dispute also involves the UAW’s proposal to reinstate the Jobs Bank, which Stellantis swiftly rejected.

Read the full article here. (Read Time: 1 min 35 sec)

AROUND THE ASOTU-VERSE

🗓️ Coming Soon

🤠 November 5-8th — Opening presenters at the 2024 ATAE PR & Communications Focus Group Meeting in Austin, Texas.

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

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

🎬 More Than Cars: Episode 4

Join us for the premiere of our latest episode of More Than Cars on November 13th at 1:00pm EST featuring the incredible team at Mohawk Chevrolet!

🎧 In The Dirt @ Rohrman

They built the largest Honda store in the world.

But why build it so big?

When we heard about their grand opening, we had to meet up with 3rd Gen CEO Ryan Rohrman of Rohrman Automotive Group to find out.

🥊 Quick Hits: Milton, Plasma, and Holiday Shopping

  • Hurricane Milton is upgraded to Category 5 storm. ⛈️ 

  • Magdrive's new plasma thruster uses metal ions, including iron, as fuel, enabling spacecraft to refuel by mining asteroids, potentially offering near-infinite range for space exploration once deployed. 🚀 

  • Retailers like Amazon, Walmart, and Target, are launching early holiday sales this week to combat a shorter shopping season and attract inflation-weary consumers. 🎅 

🔁 Today in History: Fire, Yankees, and Security

  • 1871: The Great Chicago Fire started on Sunday, October 8, and burned for three days before it finally burned itself out Tuesday, October 10, 1871. 🧑‍🚒 

  • 1956: The New York Yankees's Don Larsen pitches the only perfect game in a World Series. ⚾️ 

  • 2001: U.S. President George W. Bush announces the establishment of the Office of Homeland Security. 🇺🇸 

Thanks for reading, friend! If you enjoyed any of today’s email, check out the social links below to get more content and let us know what you’ve got going on. LinkedIn is our fave, but we will chat anywhere. Peace!

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