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- 🚗 Helping Hands
🚗 Helping Hands
🚙 Tesla Dismissed, GM Invests, and Subaru Persists.
TOGETHER WITH
Welcome back, Friend!
Welp! The wait is finally (almost) over.
Join us November 13th at 1 pm EST for the premiere of More Than Cars Episode 4: Mowhawk Chevrolet 🌋
RSVP for the watch party here.
Until then…
Keep Pushing Back
-Paul, Kyle, Chris & Kristi
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Today's Email
🍦 The Scoop: Tesla's Affordable EV Exit, GM's EV Plans, and Subaru's SUV Success
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☝️ First, Tesla dodges a legal bullet on Autopilot claims, but its decision to discontinue the Model 3 Rear-Wheel Drive signals fewer affordable EV options, which could impact market demand.
👯 Next, GM's investor day outlines its balancing act between EV growth and gas-powered profits, with eight refreshed SUVs launching by 2025. Dealers should also note Costco's exclusive $1,000 discount on Hummer EVs, offering opportunities for savvy buyers.
☘️ Lastly, Subaru's SUVs are keeping the brand afloat as sales of the BRZ and WRX tank. With a new sixth-gen Forester coming in 2025, Subaru's strength in the crossover/SUV segment remains critical for retail strategies.
Read the full daily digest for more on these and several more stories from the automotive industry here. (Read Time: 4 mins 32 secs)
TOGETHER WITH STREAM COMPANIES
Stay Ready, Stay Ahead
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Is your dealership positioned to take the next step ahead of the competition?
Stream Companies is here to help with their Retail Ready automotive incentives platform. Built for retail auto, it empowers you to get your incentives live faster, keep your offers compliant, and enhance your social media presence—all with minimal effort.
What's in it for you?
Be first to market: Launch your incentives ahead of the competition.
Easy compliance: Let Stream's expert team handle the compliance checks.
Boost your social media: Build a standout presence that captures attention.
Ready to drive your dealership forward? Get Retail Ready with Stream Companies today!
🤲 NADA’s Helping Hands
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In the wake of Hurricane Helene’s devastation, NADA Foundation’s Emergency Relief Fund is stepping up for dealership employees and their families.
With a long history of helping communities rebuild after disasters like Hurricane Katrina and Harvey, our pals at NADA is now focusing on the storm-ravaged states of Florida, Georgia, and the Carolinas. Whether it's financial assistance or boots-on-the-ground support, NADA is bringing relief—and fast.
North Carolina’s Automobile Dealers Association President, John Policastro, put it best: “This fund is a lifeline for families who've lost everything.”
So, whether you were in the path of the storm or watching from the sidelines, now's the time to lend a hand. Dealers across the country are encouraged to rally behind their colleagues and support this critical cause.
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.
👀 October 4th — Webinar!
🎬 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!
🥊 Quick Hits: AI, Rugrats, and Jobs
OpenAI raised $6.6 billion from investors, including Microsoft and Nvidia, potentially valuing the company at $157 billion. Despite executive changes, OpenAI projects significant revenue growth. 🤖
Oof. Paramount is developing a live-action/CGI hybrid Rugrats movie, directed by Jason Moore (Pitch Perfect). Mikey Day and Streeter Seidell co-wrote the script, bringing the iconic 90s toddlers to the big screen. 🍼
Hiring increased for the first time in six months in September, with private payrolls rising by 143,000. However, wage growth slowed, with pay bumps for job changers at 6.6%. 🤑
🔁 Today in History: Nukes, The Mouse, and Rotary Power
1952: The United Kingdom successfully tests a nuclear weapon in the Montebello Islands, Western Australia, to become the world's third nuclear power. 🪖
1955: The Mickey Mouse Club premiered on ABC, featuring teenage performers, cartoons, music, and the iconic "Mouseketeer Roll Call." 🐭
1973: Chevrolet debuted the mid-engine, rotary-powered Corvette concept at the Paris Motor Show. Despite praise, it never saw production due to emissions regulations and rising fuel costs. ⛽️
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