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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

16:37

Is This The CDK Hacker? Is This The Future of Car...

Automotive State of The Union ·

2024/06/24

Shoot us a Text.There’s light at the end of the tunnel this Monday as CDK starts the restoration process of its DMS. Today, we discuss the identity of their hacker, give an update on the Hyundai-Amazon partnership and look at a Chick-Fil-A summer camp that has the internet in an uproar. Show Notes with links:As of this weekend it was reported that CDK Global has initiated the restoration process following crippling cyberattacks referred to as a ransom event. This process, expected to tak...

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14:03

Lease Return Dry Up, EV Registrations Rise, Car...

Automotive State of The Union ·

2024/06/21

Shoot us a Text.We are on day 3 of dealers banding together to keep the doors open at CDK powered rooftops and the energy could not be better! Today we are looking at the impact lease returns will have on used inventory, the rise of EV registrations recently, and a TikTok car shopping myth buster is making waves.Show Notes with links:Dealers are bracing for a significant decline in lease turn-ins, a lingering impact of the COVID-19 pandemic. This reduction threatens new-vehicle sales, certifi...

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16:23

Push Back On the Hack, Techs As Athletes

Automotive State of The Union ·

2024/06/20

Shoot us a Text.It’s a busy Thursday in the dealership as stores across the country wake up to CDK Global’s DMS being offline for a second straight day. But it’s not all doom and gloom, as we’re highlighting how Carter Myers Automotive celebrates new apprentice techs with a signing day.Show Notes with links:Yesterday’s cyberattack against CDK Global's DMS disrupted nearly 15,000 dealerships. The attack halted various operations, including parts, service, accounting, finance, insurance, invent...

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14:57

American Bragging Rights and Two Separate Screen Fights

Automotive State of The Union ·

2024/06/19

Shoot us a Text.Welcome to Wednesday as we dig into the 2024 Cars.com American-Made Index, revealing the most American cars. We also dig into a McKinsey survey showing how crucial smartphone integration is for car buyers and take a pass at the U.S. Surgeon General Vivek Murthy's proposal for social media warning labels to protect young people's mental health.Show Notes with links:The 2024 Cars.com American-Made Index reveals the most American-made cars with this year bringing some surprise sh...

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13:31

Fisker's Fall, Toyota's Governance Gamble, Apple's...

Automotive State of The Union ·

2024/06/18

Shoot us a Text.It’s Tuesday and today we’re talking about Fisker's Chapter 11 bankruptcy filing amid financial turmoil, Toyota shareholders re-electing Akio Toyoda despite governance concerns, and the future of Apple's wireless-only CarPlay system facing industry skepticism.Show Notes with links:Electric vehicle startup Fisker has filed for Chapter 11 bankruptcy, citing quality problems with its Ocean crossover and an unsuccessful partnership attempt. This marks Henrik Fisker's second car co...

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13:55

New Normal Revenue, Steve Greenfield’s Elon Musk Hot...

Automotive State of The Union ·

2024/06/17

Shoot us a Text.Welcome to a brand new week as we welcome Steve Greenfield as a guest host. Today we’re covering how the publics are adapting to the “new normal" and dive into Elon Musk’s Telsa pay package.Show Notes with links:The booming revenue period during the pandemic is fading, leaving dealerships to adapt to a "new normal" marked by high interest rates and rising inventories. Asbury Automotive Group: Acquired Larry H. Miller Dealerships and Jim Koons Automotive Cos., integrating ...

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7:56

Planet Ford of Humble, TX Should Be Proud

Automotive State of The Union ·

2024/06/15

Shoot us a Text.Head Writer Chris Reeves joins the show on this Saturday to cover their Father's Day plans and talk about how Planet Ford of Humble, Texas gave out scholarships to students in their community.Thanks to Charles McCann for hitting us up and sharing this story with us! 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:/...

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12:54

Ford EVs for All, $48B for Musk, App Data for Insurance

Automotive State of The Union ·

2024/06/14

Shoot us a Text.It’s the end of another week and today we’re talking about how Ford is allowing all franchise dealers to sell EVs, and how Tesla shareholders approved Elon Musk’s pay package. Plus, we cover how apps are selling driving data to insurance companies.It’s official, Ford is opening EV sales to its entire dealer network starting July 1, aiming to better serve customers and adapt to the evolving market.Ford will end its costly Model e electric vehicle certification program less than...

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16:37

Back To ICE, Used Car Market Dip, Costco's Tech Timing

Automotive State of The Union ·

2024/06/13

Shoot us a Text.It’s Thursday and we’re talking about a McKinsey study showing many EV owners considering a return to combustion engines, a decline in used-vehicle wholesale prices, and Costco’s plans for a technological transformation under new leadership.A McKinsey & Co. survey reveals that over 40% of U.S. EV owners are likely to switch back to combustion engine vehicles due to charging concerns.The study asked 200 questions to more than 30,000 consumers in 15 countries that comprise 8...

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13:31

Ford CFOs ‘Worry’, EV Charging Alliance, Starbucks...

Automotive State of The Union ·

2024/06/12

Shoot us a Text.Welcome to Wednesday as we dive into Ford's CFO’s concerns over rising inventories, an EV charging joint venture's plans, and Starbucks' surprising venture into the film industry with the launch of Starbucks Studios. Ford CFO John Lawler expressed concerns about rising inventory levels across the automotive industry, emphasizing the need for careful monitoring of supply and demand.Lawler aims for dealers to carry 50 to 60 days' supply. He said excess supply could hurt pri...

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17:11

Fain Under Fire, Open Letter to Elon, Apple AI

Automotive State of The Union ·

2024/06/11

Shoot us a Text.It’s Tuesday, and we’re talking about how Shawn Fain is under investigation, how a letter suggests Tesla would be better off with the dealer network, and how Apple is embracing AI.UAW President Shawn Fain is under investigation for alleged retaliation against other union leaders, raising significant concerns within the organization. Independent federal monitor Neil Barofsky is investigating claims from UAW Secretary-Treasurer Margaret Mock, who alleges retaliation for her...

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12:45

Costco Goes EV, REALLY Deep Employee Discount, Big...

Automotive State of The Union ·

2024/06/10

Shoot us a Text.It’s a fresh week and we’re talking about GM's strategy with Costco to boost EV sales, Fisker's aggressive move to sell the Ocean to employees at a discount, and Reynolds and Reynolds' $5 million donation to Northwood University for a new automotive studies center.Show Notes with links:General Motors is using its partnership with Costco to increase sales of its electric vehicles (EVs).GM is promoting EVs like the Chevrolet Equinox and Blazer through the Costco Auto Program.The...

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7:10

These Techs Fixed A Truck That Was Meowing...

Automotive State of The Union ·

2024/06/08

Shoot us a Text.It's the second Saturday of June and writer Kristi Canada joins the show. Today, we're talking about how a West Herr dealership rescued a cat out of an engine compartment. Plus one of the service advisors adopted the cat and named him Diesel!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...

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13:07

Gas Over Electric, Senator Slams, Detroit Jams

Automotive State of The Union ·

2024/06/07

Shoot us a Text.We’ve got that Friday feeling as we cover a new KPMG survey that reveals Americans powertrain preferences. We also talk about a Democrat Senator slamming a failed EV charging program, as well as an epic celebration as Ford opens its train station renovation. Show Notes with links:A recent KPMG study reveals that Americans still favor gas vehicles over hybrids or EVs, even when prices and features are the same. Only 20% of respondents would choose an EV over gas or hy...

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15:04

Lithia Layoffs, Virginia Ditches Cali EV Standards,...

Automotive State of The Union ·

2024/06/06

Shoot us a Text.Thursday is upon us and we’re breaking down Lithia Motors' strategic layoffs aimed at saving $150 million annually, Virginia's decision to reverse its adoption of California’s strict EV standards, as well as IKEA hiring Roblox workers (you read that right).Show Notes with links:Lithia Motors is targeting $150 million in annual savings through strategic layoffs and other employee cost reductions, primarily focusing on U.S. positions.Senior Director of Finance Jardon Jaramillo d...

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14:10

Suing the Treasury, High EV Repair Costs, Tesla Hires...

Automotive State of The Union ·

2024/06/05

Shoot us a Text.Welcome to Wednesday as we talk about the US Senator encouraging US automakers to sue the government… and win. We also talk about the higher-than-ice repair costs of EVs as well as Tesla’s move to curb them with a former Geico exec. Show Notes with links:U.S. Sen. Joe Manchin has urged manufacturers to sue the Treasury Department over its implementation of local content rules for clean energy tax credits under the Inflation Reduction Act (IRA).Manchin, now an independent,...

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15:45

Record Auto Sales, Ford's Historic Renovation, Stamp...

Automotive State of The Union ·

2024/06/04

Shoot us a Text.It’s Tuesday and we’re talking about strong May sales from major brands, Ford's $950 million renovation of Michigan Central Station and star-studded grand reopening concert, as well as another sign of the times…increasing stamp prices and why it matters, or doesn’t.Automakers are reporting strong U.S. light-vehicle sales gains for May, with a combined 10% growth among five reporting automakers, led by Toyota, Hyundai, and Kia. With the SAAR surpassing 16M for the first time th...

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15:48

Toyota's Testing Trouble, Dealers In Powersports, and...

Automotive State of The Union ·

2024/06/03

Shoot us a Text.It's a fresh week in a fresh month as we talk about Toyota's certification scandal, the booming trend of automotive retailers entering the powersports segment, and GM's innovative clutch pedal for EVs to win over driving enthusiasts. Show Notes with links:Toyota suspends sales of several models in Japan due to certification issues, amid a broader scandal involving multiple automakers and inadequate vehicle verification tests.Toyota halts sales of the Corolla Fielder, Coro...

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7:37

How To Support Your Community on Memorial Day

Automotive State of The Union ·

2024/06/01

Shoot us a Text.On this first day of the month, we're talking about how the Veterans of Walser went to a local cemetery to refresh the graveside flags, plus we think about how dealers can be more involved in their communities on the holidays.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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14:15

Buick Rebounding, Creator of the Book, and Google Zero

Automotive State of The Union ·

2024/05/31

Shoot us a Text.Day 2 with Cirillo and we figured some marketing wrap up was still in store. We are also taking a look at the much-talked-about Buick Envista and celebrating the life and accomplishments of Bob Kelley.Show Notes with links:Buick, GM’s semi-luxury brand, is experiencing a significant sales resurgence thanks to the new 2024 Buick Envista.Buick, celebrating its 125th anniversary, has a rich history of innovation and design.The 2024 Buick Envista is leading the brand’s sales incre...

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1,211 results

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