Tesla Robotaxis just launched in Austin. No driver. Just you and the machine. Insane.
Temperature check on the economy 🌡️ For anyone in the car business - how's your month going? (please state what region you're in)
Jaguar sales down a whopping 97% — here’s why: - Killed all gas models before new EVs arrived - Dealers ran dry, nothing to sell - Rebrand confused loyal buyers - Tariffs halted US exports too No cars = no sales.
The next 12 months will wipe out every overpriced, poorly underwritten dealership buy/sell that rode on peak-pandemic profits.
[NEWS] Ford’s throwing its weight behind a new pitch: Only this time, it’s “Zero-Zero-Zero.” $0 down, 0% APR for 48 months, and no payments for 90 days. Oh, and two years of basic maintenance to sweeten the deal. It’s the follow-up to the brand’s “From America, For America” campaign— Which helped carry momentum through the first few innings of what Jim Farley called a “nine-inning game” with tariffs in April. - Q2 sales totaled 612,095 units, up 14% YoY. Not sure what inning we’re in now, but it’s clear Ford’s leaning hard on price and urgency to keep the pace through Q3. Read today’s top automotive stories, presented by @HaigPartners : t.co/WPLIa2JyY6 (Data source: Rob Kaffl, director of U.S. sales and dealer relations via Ford From the Road)
@Geiger_Capital How is this real life 😂
@realEstateTrent Can’t say he’s wrong … unless it’s new / under warranty, then who cares.
[NEWS] GM is officially cutting Apple CarPlay and Android Auto: CEO Mary Barra confirmed the phase-out, saying GM will move to a single, native in-car system built on a new centralized computing platform. Meaning, by 2028, every GM vehicle will run its own interface. And will be powered by a Google Gemini assistant and custom-built apps. As analyst Andrew Hart explained: “They don't know how you are using their infotainment system…and they lose intelligence that could help them improve their offerings.” Bottom line: As GM doubles down on its software ecosystem, dealers should prep for a post-CarPlay world, where connected services, subscriptions, and in-car AI become the new value drivers. Read today’s top automotive stories, presented by @DigitalAirStrk : t.co/xTbRcA8JL6 (Data source: The Verge / Motor Trend)
California's electric vehicle mandate is officially done-zo.
Temperature check on the economy 🌡️ For anyone in the car business - how's it going? (please state what region you're in)
Temperature check! 🌡️ For anyone in the car business - how's your month going? (please state what region you're in)
That V8 engine…. Ugh
OVERHEARD: “Chinese cars will absolutely make it into the U.S. Eventually. One way or another.”
[NEWS] Subprime lender Tricolor Auto just hit pause on critical operations: On Friday, an unidentified bank took control of the used-car giant, suspending sales across Texas, Arizona, and California. By the end of the day, 80–90% of employees were told they were on temporary leave. Not fired. Just waiting until October 6 to find out if they’d return. Emails shut off. Salaries frozen. Stores dark. For now, workers keep their health insurance. But with about 65 retail centers and $5B in auto loans on the books, borrowers are left wondering who’s servicing their accounts. And that uncertainty cuts deep. Because TAG’s focus on Hispanic and ITIN borrowers leaves it especially exposed as tighter immigration enforcement collides with the risks of subprime lending. Read today’s top automotive stories, presented by @HaigPartners : t.co/bZcVt8MXEb (Data source: Univision Dallas / LA Times)
[NEWS] Trump’s new car loan tax break is now live: But don’t expect it to save the deal entirely. As of July 4, the deduction lets buyers write off up to $10K in loan interest. But only if they’re under the income cap, using a qualified lender, and financing a U.S.-built vehicle. And even when it works, the offset’s modest. One estimate shows a $500 tax break on a $40K SUV, all while tariffs tack on $2,200+. Bottom line: It’s a small win, mostly for middle-income domestic SUV buyers in the $35K–$45K range. But for most, this isn’t a make-or-break moment. Read today’s top automotive stories, presented by @lotlinx : t.co/U10uRYJeNp (Data source: ITEP / CNN / Ashwaubenon Tax Pros)
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