Auto dealers be like: “yo, and you think you have inventory problems!?”
We would draw a map of all the global OEM/Policymaker/consumer desire energy going on but it would just look like a chaotic game of Risk where nobody knows the rules. (aka, the best kind of Risk)
TL;DR — Cadillac promises to deliver luxury quality for luxury prices, Polestar comes to the Nasdaq, and Toyota recalls a lot (but not all) of their newly produced EVs.
Just a thought — “Do you want to play a VR game?” = Boring, yesterday’s news, 🤓 “Do you want to explore the Metaverse as a Metanaut?” = Awesome, very cool 😎
Fact attack — China accounts for 57.4% of global EV production and 53% of “new energy” passenger vehicles being driven.
Toyota gave Uber the “lets still be friends” treatment while slowly selling 5 million pieces of the friendship bracelet they made together…
There is no shortage of ways to engage with your community, worth together for improvement, or honor the people who make it happen. And ASOTU is here to tell everybody about it every time.
Consulting the experts — "It was a perfect addition to Doctor Strange's character. I preferred the first one since it was less "out of this world." -Myles@asotu.com “What’s Doctor Strange?” -Danielle@asotu.com "Honestly, I am just proud of myself for defeating the powerful foe of internet spoilers long enough to watch it at home." -Chris@asotu.com
The UN still provides aid to the people and will send additional medical aid and supplies. President Biden has called for an assessment of possible US responses.
TL;DR — XPeng is stacking paper, Toyota remains transparent and classy, GM is coming after XPeng’s forementioned paper.
Every ASOTU email, live stream, podcast, and event is made using only the finest locally-sourced American-made V I B E S 😎
If one dealership is profitable a 2nd will automatically double profits. It’s basic math, y’all! (Not investment advice)
LEGO — “We have both kinds of products: nostalgic and new.”
Clearing your head with a TV strapped to your face sounds like swimming with boots on. Sure, you CAN but why?
TL;DR — Renault may be paying a fine, you can buy Polestar stocks later this week, and German OEMs may never stop making ICE vehicles.
From a consumer's point of view, this has to look like a "Who can hug mom best?" contest in their honor.
OEMs like Ford are working on direct-to-consumer digital retail options. Dealers have an opportunity now to get a solid headstart on meeting the customers where they are.
Fingers Crossed — This time next year we will be talking about “Who Poisioned The Water Hole?” starring Tom Hanks.
Trouble! Trouble! Trouble!! Look around. You aren’t alone. This is an industry full of incredibly like minded people willing to put in the work!
Rules For Doing Business In China — 1. Try not to be a spy! 2. If you could be state-owned that would be great…
We see two races, the race to provide equal access to EV charging and the race to be the brand associated with affordable, convenient, accessible EV charging.
We’ve seen data like this before. Every time a study repeats “Becoming Gen Z’s trusted brand starts yesterday,” the font gets bigger.
Ferrari thinks if you want an EV you should buy a Ferrari, but if you don’t want to drive you should take the bus.
It’s starting to seem like every time everything gets more expensive, everything gets MORE expensive…
TL;DR: Effective Technology is a dealership-by-dealership determination but as long as it is simple, helpful, and producing consistent results we’re heading in the right direction.