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PODCAST

Automotive State of The Union

More Than Cars Media Network

Paul J Daly and Kyle Mountsier don’t just read headlines, they make the most important connections across car dealerships, general retail, tech, and culture. The goal? To help automotive leaders think clearer and move faster in a world that refuses to slow down.Whether you’re running a rooftop, building a brand, or just trying to keep up with everything shifting in the business of selling cars, this is your regular stop for a shot of news, insight, and a little bit of chaos…always rooted in

business business news

All Episodes

16:33

VinFast Gets Cash Infusion, Phases of AI In...

Automotive State of The Union ·

2024/11/12

Shoot us a Text.This Tuesday morning we are excited to publish the very first AutoIndustry.ai weekly email, covering everything the industry needs to know about AI. But before we talk about that, we’re covering how VinFast’s founder is jumping in to keep the company afloat again.Show Notes with links:VinFast is getting another major capital infusion from its billionaire founder Pham Nhat Vuong as well as parent company Vingroup to aid its global expansion.Pham Nhat Vuong, Vietnam’s first bill...

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15:49

$1.4B of Carvana Stock, Transparency Gap Closing,...

Automotive State of The Union ·

2024/11/11

Shoot us a Text.Happy Veteran’s Day and thank you to all who have served! Today we’re talking about Ernie Garcia II cashing in on $1.4B of Carvana stock, a new Capital One study highlighting the role of trust and transparency in the car buying process and an IHOP-Applebees shared location.Show Notes with links:Ernie Garcia II, father of Carvana CEO Ernest Garcia III, has strategically sold $1.4 billion of Carvana stock since April, benefiting from a notable rally in the company’s share price ...

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7:56

Crowdsourcing Where To Give Back

Automotive State of The Union ·

2024/11/09

Shoot us a Text.Happy Saturday! Nathan and Chris host the show today to recap the ASOTU team's time in Austin, TX this week and then share some of the good we're seeing in the auto industry.Park Place Dealerships donates $100,000 in small grant giveaways to local charities. The charities are submitted by employees and community members and in a couple of weeks the Irvine, TX community will learn who has won the grant awards.Hosts: Paul J Daly and Kyle MountsierGet the Daily Push Back email at...

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10:25

CARS Rule Under Trump, Mexico Confronts Musk, AI...

Automotive State of The Union ·

2024/11/08

Shoot us a Text.Welcome to Friday! As we wind down the week, we’re talking about how the Trump Presidency could affect the FTC CARS Rule. Plus, Mexico wants answers from Musk as to Tesla’s Mexico Gigafactory and a painting by an AI robot sold for over $1M at auction.Show Notes with links:The Federal Trade Commission’s new regulations to combat auto retail scams, known as the CARS Rule, face an uncertain future with the potential of President-elect Donald Trump’s second term. Here’s a breakdow...

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10:24

Car Dealer Wins Senate Seat, CBT 40 Under 40, $15M...

Automotive State of The Union ·

2024/11/07

Shoot us a Text.We’re live from Austin this morning where we’ll be speaking to the ATAE Comms Directors, but before that, we’re talking about how car dealer Bernie Moreno is headed to the Senate, the second annual list of CBT 40 Under 40 honorees and how Open AI spent a whopping $15M on the Chat.com domain.Show Notes with links:Bernie Moreno, former auto dealer and Trump-backed Republican, flipped a longstanding Democratic Senate seat in Ohio, securing a narrow victory over Sherrod Brown.More...

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14:56

Trump’s Win Rattles EVs, Musk’s Influence, and IKEA’s...

Automotive State of The Union ·

2024/11/06

Shoot us a Text.Donald Trump’s return to the White House could disrupt the auto industry’s EV ambitions. Plus, Elon Musk’s advisory role with the new administration and his plans for autonomous tech. And, IKEA opens its first stand-alone restaurant in London.Show Notes with links:Former President Donald Trump has won the 2024 election, and his return could lead to major shifts for the auto industry, especially around electric vehicle (EV) policies, trade, and incentives. Here’s what might be ...

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13:53

Stellantis Slashes MSRPs, Tesla Leans Into Autonomy,...

Automotive State of The Union ·

2024/11/05

Shoot us a Text.Happy Election Day! Well, now that we’ve covered that… today we’re talking about how Stellantis listened to dealers and cut prices on some Jeep models, how Tesla has given up on the human-driven affordable EV, and how your name might start being incorrectly spelled on Starbucks cups this fall.Show Notes with links:Stellantis has decided to significantly reduce prices on its 2025 Jeep Wagoneer and Grand Wagoneer models to address dealer concerns about high prices slowing invent...

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16:59

Hard-To-Get Floorplans, Voice Control Over Physical...

Automotive State of The Union ·

2024/11/04

Shoot us a Text.We’ve got Michael Cirillo in the studio on this Monday, as we’re talking about how its becoming harder for new auto dealers to secure floorplan loans, how Rivian has decided that voice control is better than physical buttons and how online customers are abandoning carts because of choice overload.Show Notes with links:New and smaller auto dealers face mounting difficulties in securing essential floorplan loans, a crucial step in dealership ownership. Amid rising interest rates...

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7:57

Trick or Treat Around The Auto Industry

Automotive State of The Union ·

2024/11/02

Shoot us a Text.On Saturday's we like to talk about the ways we see dealers impacting their communities, and today, Kyle and Chris are talking about everything Halloween, from haunted car washes to PS5 giveaways to scary replicas of Paul and Kyle.Hosts: Paul J Daly and Kyle MountsierGet the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email

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11:13

October Sales Growth, Ford’s Manager Accountability,...

Automotive State of The Union ·

2024/11/01

Shoot us a Text.It’s a new month and we hope you’re recovering from the candy hangover! Today we’re looking back at October in retail auto and reviewing how it did, examining how Ford is linking performance to manager bonuses and seeing how Target is moving Black Friday deals earlier than ever.Show Notes with links:October brought robust growth in U.S. auto sales, led by higher consumer interest in EVs and hybrids, as automakers capitalized on rising inventory and incentives.Hyundai and Kia s...

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13:43

Carvana Efficient Growth, Ford Pausing Lightning...

Automotive State of The Union ·

2024/10/31

Shoot us a Text.Happy Halloween! It’s the last day of the month, and we’re tracking how Carvana has managed to continue its used car growth. Plus, we cover how Ford is slowing down its production of the F-150 Lightning and Starbucks getting rid of extra fees for non-dairy milk.Show Notes with links:Shout out to our friends at UVeye! Their AI-driven automated vehicle inspection has earned a spot on TIME’s prestigious 2024 Best Inventions list, showcasing innovations that transform daily life.T...

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10:33

Ford Drops, Tesla Grows, Airline Refunds

Automotive State of The Union ·

2024/10/30

Shoot us a Text.Ford Drops, Tesla Grows, Airline RefundsDescription:We are on day 2 of More Than Cars season two shooting, and we couldn’t be more encouraged by what we are discovering in Lafayette, IN. Today we look at Ford’s Q3 report of lower net income, Tesla expanding its vehicle output in 2025 and a new requirement for you to get quicker airline refunds.AnnouncementREPLAY available: ASOTU Edge Webinar with Amol Washampayan of fullthrottle.ai - Find Your Shoppers Using Free TVMore Than C...

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14:03

Rates Down/Payments Up, Scout DTC “Exactly What...

Automotive State of The Union ·

2024/10/29

Shoot us a Text.We’re live from Lafayette Indiana to start recording the second season of More Than Cars! Today, we’re running through the latest industry data from J.D. Power, pushing back against an article from the Verge that suggests Scout is doing “exactly what customers want”, and how Apple is innovating with its advertisements.Show Notes with links:J.D. Power’s preliminary October data reveals that while auto loan interest rates have dipped, monthly payments on new vehicles continue to...

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Rocky Q3 For Publics, EV Test Drive Interest, Seeing...

Automotive State of The Union ·

2024/10/28

Shoot us a Text.It’s the last week of the month, so go finish strong! Today, we’re covering how the public dealership groups made out in Q3, plus a survey that says a majority of Americans are interested in test driving an EV and another survey that says we see the same add too many times.Lithia & Driveway, AutoNation, and Sonic Automotive report contrasting Q3 financial results, marked by cyberattack impacts, record revenues, and operational successes in both new and used vehicle segment...

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8:51

Turning Challenge Into Hope, and Seeing The Industry...

Automotive State of The Union ·

2024/10/26

Shoot us a Text.Today on the Saturday pod, Kyle is joined by Chris and Nathan. Chris shares the story of Mike McSherry and his marathon for his son and the March of Dimes. So far, he's raised over $30K for the amazing organization on the support of the automotive industry! There's still opportunity to donate and make an impact. It's a reminder that as we band together, no crisis can win!Hosts: Paul J Daly and Kyle MountsierGet the Daily Push Back email at https://www.asotu.com/ JOIN the conve...

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15:03

Scout Goes Direct & Dealers Pushback, EV Roundup,...

Automotive State of The Union ·

2024/10/25

Shoot us a Text.Feathers have been rustled this Friday morning as Scout announced their long-awaited vehicles, and how they aren’t going to use dealers to sell them. Plus, we talk about Farley’s Chinese EV revelation, how Tesla is finding new profit centers and why every car only comes in a shade of black or white.Show Notes with links:After over two years of tight-lipped planning, Scout Motors has unveiled its direct-to-consumer approach for the Terra pickup and Traveler SUV, bypassing the t...

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12:04

Dealer Profits Stable, Fleet EV Transition, and...

Automotive State of The Union ·

2024/10/24

Shoot us a Text.Happy Thursday! Today Paul’s back and we cover stabilizing dealer profits, GM & Ford helping Fleet customers transition to the EV lifecycle, and Apple’s newest beta features available now.Show Notes with links:New data from the Presidio-NCM benchmark shows the sharp drop in dealership profits may be stabilizing after a tough year. Average dealership pretax profits dropped 30.4% in 2024, but this is an improvement from earlier declines.Used-vehicle margins showed impro...

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11:47

GM Beats Wall Street, 19 Million Tons of Lithium, Air...

Automotive State of The Union ·

2024/10/23

Shoot us a Text.As we reach the middle of the work week, we’ve got the one and only Jordan Cox in the studio! Today, we’re talking about how GM has raised their 2024 guidance again, how Arkansas could be home to enough lithium to power all the world’s EVs and how the FAA has issued its rules for air taxis.Show Notes with links:General Motors (GM) beat Wall Street's Q3 estimates, with shares surging 8%. Continued strong demand for trucks and SUVs drove the growth, while GM's revised 2024 profi...

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14:16

AI Hit-Or-Miss For Dealers, Mach-E That Looks Like A...

Automotive State of The Union ·

2024/10/22

Shoot us a Text.It’s a terrific Tuesday morning, and we have guest host Amit Chandarana, newly announced CEO of Curbee! We’ll be discussing how auto dealers are integrating AI into their operations (or how they aren’t), the refreshed Mustang Mach-E and Chick-Fil-A’s new streaming network.Show Notes with links:Auto dealerships are embracing AI with hopes of transforming operations, but the technology’s initial impact has been hit-or-miss. While there are real gains, the promises of instant tra...

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14:21

What Your Car Says About You, Negative Equity Spike,...

Automotive State of The Union ·

2024/10/21

Shoot us a Text.Description:As we roll into a new week, we’ve got some fun insights from Business Insider about the United State of Automobiles. Plus, we talk about how negative equity is growing year over year and an innovative Sam’s Club concept that eliminates any type of checkout lane.AnnouncementASOTU Edge Webinar on October 23 at 2Pm with Amol Washampayan of fullthrottle.ai - Find Your Shoppers Using Free TVMore Than Cars Episode 4 Releases on November 13thRohrman MTC shoot Oct 28-30 - ...

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1,332 results

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