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The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Shoot us a Text.Episode #1047: Kia's veteran apprenticeship program is creating certified techs and stronger stores, while “American-made” is a lot harder to accomplish than it sounds. Plus, OpenAI is taking on software engineering with a new update.Show Notes with links:Kia America's Veterans Technician Apprenticeship Program is helping dealers find, train, and retain top-tier tech talent by giving veterans a fast path to certification—and the results are showing up in the service drive.Launched in 2023, the program combines mentorship, on-the-job training, and a 30-day certification bootcamp.Approved by the DOL and VA, it offers tax credits and GI Bill stipends to offset dealer costs.462 Kia dealerships have enrolled; 278 veterans—including 16 women—have been hired so far.Participating stores report higher appointment volume, productivity, and lower tech turnover.Speaking about program graduate Caleb Samsel, Anthony Catalanotto of Generation Auto Group said “He's a leader. He says the right things. He does the right things. He's always in his uniform. He's always working hard. If someone can't figure something out, he's right with them.”Despite political pressure and patriotic branding, building a truly American-made vehicle is still more fantasy than factory reality. Ford's latest Expedition highlights just how global even U.S.-assembled vehicles remain.The Expedition is assembled in Kentucky, but only 58% of its parts are North American, with key components like engines and semiconductors still coming from overseas.Automakers say sourcing 90% U.S. content could raise vehicle prices $10K–$20K, pricing out many buyers.Past vehicles reached 90%+ U.S./Canada content; today's tech and globalization make that rare.“We can move everything to the U.S., but if every Ford is $50,000, we're not going to win,” said Ford CEO Jim Farley.OpenAI is expanding its capabilities in one of AI's most competitive frontiers: software engineering. Its new Codex agent is designed to handle complex coding tasks autonomously and at scale.Codex performs tasks like writing code, fixing bugs, running tests, and reviewing codebases.Built on the new codex-1 model, optimized from OpenAI's o3 reasoning architecture.Available to ChatGPT Pro, Team, and Enterprise users during a research preview.Competitors like Anthropic's Sonnet models still lead developer adoption, but the field is evolving quickly.“It is a fundamentally new way of working,” said OpenAI VP of Engineering Srinivas Narayanan.Join Paul J Daly and Kyle Mountsier every morning for the Automotive State of the Union podcast as they connect the dots across car dealerships, retail trends, emerging tech like AI, and cultural shifts—bringing clarity, speed, and people-first insight to automotive leaders navigating a rapidly changing industry.Get the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/
Ford Motor Co. recently showed off the latest iteration of its large Expedition SUV in Louisville.Was the reveal a sign of confidence for the automaker? After all, it gave the company a chance to boast about its high level of domestic production — something important in the wake of a trade war. We chat about that as well as the auto industry overall on this week's episode of the Access Louisville podcast. Let's face it, this event may have just been a good reason for Ford executives to come to Louisville on Derby Week.The new 2025 Ford Expedition is rolling off the line at the Kentucky Truck Plant in Louisville after the company invested $500 million at the facility. The reveal took place on Wednesday, April 30, and included a visit from Ford CEO Jim Farley as our partners at WDRB News reported. He spoke about the auto industry reactions on tariffs as well as the economy as a whole.The price for the new SUV ranges anywhere from $62,000 to $100,000, by the way. After the automotive talk, we switch gears to talk about the Kentucky Derby. Reporter Michael L. Jones has covered a couple of Kentucky Derby related stories in the run-up to the big event, including a conversation with George Zambelli of the Zambelli fireworks family. Obviously, this was a rough year for the company after a huge flood in April canceled Thunder Over Louisville.“I always wondered what it would be like if there was no Thunder, and unfortunately, we got to see what it was like,” Zambelli told Jones. “It's certainly an economic impact on the city. So, maybe this is a good wake-up call to say, ‘Hey, let's be supportive of this.'"We also talk about the Belle of Louisville being scratched from the Great Steamboat Race and Jones' recent visit to Kern's Kitchen, makers of the famous Derby Pie.Access Louisville, sponsored by Baird, is a weekly podcast from Louisville Business First. It's available on popular podcast services including Apple Podcasts and Spotify (which are linked above.)
Ford CEO Jim Farley talks about what his company is doing in response to President Trump's tariff plan. Economists warn that small businesses will be hurt the most by a trade war with China.
Ford CEO Jim Farley talks about what his company is doing in response to President Trump's tariff plan. Economists warn that small businesses will be hurt the most by a trade war with China.
Automotive nostalgia takes center stage as we explore five legendary car manufacturers that deserve resurrection in today's market. From AMC's innovative Javelin AMX with its performance-focused design to Pontiac's revolutionary GTO that birthed the American muscle car movement, these vanished brands left tire tracks too deep to be forgotten. The distinctive bullet-nosed Studebaker Champion once captured hearts with its unique styling and affordability, while Mercury established itself as America's sixth most popular car brand in the early 1950s with classics that remain custom car holy grails. Plymouth's no-frills Roadrunner proved that accessible performance could dominate the muscle car scene.Our Hemings' Sold Car Roundup segment reveals surprising current values for classic automobiles. A 1989 Cadillac Alante sells for just $5,400, while a pristine '64 Chevelle commands $31,500. These figures demonstrate that classic car ownership remains attainable for many enthusiasts, with everything from British Triumphs to American muscle changing hands at reasonable prices.We also examine concerning trends in the automotive industry, where executive compensation continues to skyrocket despite persistent quality issues. Ford CEO Jim Farley earned $24.9 million despite missing quality and EV sales targets, while GM's Mary Barra received $29.5 million as Detroit's highest-paid auto executive for the ninth time in ten years.Whether you're dreaming of bygone automotive eras or tracking today's industry developments, this episode delivers insights that both casual drivers and dedicated enthusiasts will appreciate. Join us for the upcoming Hot Rod Tour of Texas beginning April 24th as we celebrate America's enduring love affair with automobiles.Be sure to subscribe for more In Wheel Time Car Talk!The Lupe' Tortilla RestaurantsLupe Tortilla in Katy, Texas Gulf Coast Auto ShieldPaint protection, tint, and more!ProAm Auto AccessoriesProAm Auto Accessories: "THE" place to go to find exclusive and hard to find parts and accessories!Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.---- ----- Want more In Wheel Time car talk any time? In Wheel Time is now available on Audacy! Just go to Audacy.com/InWheelTime where ever you are.----- -----Be sure to subscribe on your favorite podcast provider for the next episode of In Wheel Time Podcast and check out our live multiplatform broadcast every Saturday, 10a - 12noonCT simulcasting on Audacy, YouTube, Facebook, Twitter, Twitch and InWheelTime.com.In Wheel Time Podcast can be heard on you mobile device from providers such as:Apple Podcasts, Amazon Music Podcast, Spotify, SiriusXM Podcast, iHeartRadio podcast, TuneIn + Alexa, Podcast Addict, Castro, Castbox, YouTube Podcast and more on your mobile device.Follow InWheelTime.com for the latest updates!Twitter: https://twitter.com/InWheelTimeInstagram: https://www.instagram.com/inwheeltime/https://www.youtube.com/inwheeltimehttps://www.Facebook.com/InWheelTimeFor more information about In Wheel Time Car Talk, email us at info@inwheeltime.comTags: In Wheel Time, automotive car talk show, car talk, Live car talk show, In Wheel Time Car Talk
Ford CEO Jim Farley joins Spike for a deep dive into the Mustang GTD, Chinese EV dominance, and his passion for racing. He shares personal stories, including memories of his cousin Chris Farley, and previews his podcast DRIVE. Plus, Spike and Jonny go in on the Lotus Emira's stiff ride and unpack the mystery behind Barry Keoghan's Jaguar Type 00 publicity stunt. _____________________________________________________
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Shoot us a Text.As we wind down another week, we're talking about the meeting between President Trump and GM CEO Mary Barra at the White House discussing American manufacturing. Plus, we look at February market insights from Cars Commerce and see how far the pendulum has swung away from remote work.Show Notes with links:President Donald Trump met with General Motors CEO Mary Barra at the White House to discuss the automaker's commitment to U.S. manufacturing. The meeting, which took place amid ongoing industry discussions about domestic investment and job creation, highlighted GM's plans to expand its U.S. operations.GM has signaled plans to invest $60 billion in U.S. manufacturing and production.Trump and Barra discussed ways to enhance domestic auto production and bring more assembly jobs to the U.S.The meeting follows recent discussions with Ford CEO Jim Farley and Stellantis Chairman John Elkann on industry-wide investments.Automakers are seeking policy stability on tariffs and vehicle emissions before making major long-term commitments.Trump praised GM's efforts and a GM spokesperson reaffirmed their support: “We share President Trump's goals of a strong and competitive American manufacturing base.”The February 2025 Industry Insights Report by Cars Commerce highlights how potential tariffs are affecting car shoppers in the midst of slowing demand and rising new car inventory.As tariff threats began, between February 16 and 22, searches on car-shopping website Cars.com jumped 9% from the previous week.52.1% of new inventory vehicles had their final assembly in the U.S. Meanwhile, 18.3% were assembled in Mexico, 4.0% were assembled in Canada, and 1.4% were assembled in China.New car inventory is up 8% YoY, but trends split: Ford (+24%), Hyundai, Chevrolet, Kia and Honda expanded supply, while Dodge (-70%), Jeep, Lexus, RAM, and Volkswagen pulled back.The used EV market is growing, with nearly 20 more models available YoY. Used Non-Tesla EV searches are up 25% YoY, while used Tesla searches have declined 8% YoY and 16% MoMFive years after the pandemic reshaped the workplace, remote work is steadily declining while hybrid and onsite arrangements gain ground.In late 2020, 46% of workers were fully remote; today, that number has dropped to 26%.Hybrid work has grown from 12% to 16%, but onsite work still dominates at 55%.Companies are shifting back to in-person work, citing collaboration, culture, and productivity.The future of work remains flexibility-driven, but traditional office setups are making a comeback.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
Randy sits down with Ford Motor Company's own Jim Farley, otherwise known as fordman21 in the BaT community, for a fascinating and wide-ranging discussion. Jim generously takes the time to talk about how his early experiences led to a lifetime of flipping cars; his own podcast, DRIVE with Jim Farley; an unexpected and, one supposes, uncommon skill for a Big Three CEO; getting yelled at by a Formula 1 World Champion; the dangers of working in one's hobby; details about his social relationship with BaT; free product advice; connecting with other people over a shared passion; insights into the early days of Lexus; the emotional rollercoaster of sports car production; sage decision-making advice; predictions about the role of AI in the manufacturing process; a formative moment involving Phil Hill and a recalcitrant Gullwing; using his Pantera to stress out his security detail and keep the local Harbor Freight in business; and a heartfelt plea to competing BaT bidders. Follow along! Links for the listings discussed in this episode:16:40 The 10 Questions series BaT stories17:29 CC350 (Colin Comer) BaT user profile37:52 SEMA-Exhibited 2022 Ford Maverick XL BaT listing51:42 1972 DeTomaso Pantera BaT listingGot suggestions for our next guest from the BaT community or One Year Garage episode? Let us know at podcast@bringatrailer.com!
Zuckerman just scored a unicorn—a Dakar Yellow E39 BMW M5 with only 633 ORIGINAL MILES! Spike, Zuckerman, and guest Drew Leslie from EAG break down the absurd negotiation process, the restoration challenges, and whether this car is too perfect to drive. Plus, Spike dishes on his Porsche Panamera Turbo E-Hybrid road trip, the auction of his ‘66 Triumph Bonneville, and Jonny S on the Moda Miami car scene. _____________________________________________________
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Shoot us a Text.Today is our fearless leader Paul J Daly's birthday! So we gave him the morning off and tapped in producer Nathan Southwick. We're talking all about the new Canada and Mexico tariffs that put pressure on the automotive supply chains, plus the top depreciating cars and how Google is pushing to achieve artificial general intelligence.Show Notes with links:The U.S. has enacted 25% tariffs on imports from Canada and Mexico, throwing the highly integrated North American production network into turmoil.The tariffs, effective today, March 4, apply to all imports except Canadian energy products, which face a lower 10% duty. Canada and Mexico both responded with their own tariffs.Industry experts predict vehicle prices could rise between $4,000 and $10,000, with Ford CEO Jim Farley cautioning that prolonged tariffs could "blow a hole in the U.S. industry that we have never seen."Flavio Volpe, president of the Automotive Parts Manufacturers' Association said that there is potential for U.S. and Canadian auto production to revert to "2020 pandemic-level idling and temporary layoffs within the week.”Key auto models at risk include the Toyota RAV4, Ford Mustang Mach-E, Chevrolet Equinox and Blazer, and the Honda Civic and CR-V, while European automakers with manufacturing in Mexico, including Volkswagen, Stellantis, and BMW, saw their stocks drop sharplyThe STOXX Europe 600 Automobiles and Parts index fell 3.8% and Continental AG, a major supplier, saw an 8.4% drop in shares.Used Tesla Model 3 and Model Y vehicles saw the steepest depreciation of any cars in 2024, according to Fast Company's analysis of CarGurus data.Model Y prices dropped 25.5%, while Model 3 prices fell 25% from January 2024 to January 2025.Comparatively, the Nissan Maxima only dropped 5.2%, and the Ford Mustang declined 5%.Full Top 10: Tesla Model Y, Tesla Model 3, Land Rover Range Rover, Jeep Wrangler 4xe, Chevrolet Express Cargo, Ford Transit Connect, RAM ProMaster, Land Rover Range Rover Sport, Chevrolet Bolt EV, and Ford Expedition, all with over 19% depreciationGoogle co-founder Sergey Brin is back and pushing Google DeepMind (GDM) teams to accelerate their progress toward Artificial General Intelligence (AGI). In a newly released memo, Brin outlines the urgency and expectations for Google's AI teams.Brin emphasizes the need for 60-hour work weeks, daily office attendance, and faster execution by prioritizing simple solutions, code efficiency, and small-scale experiments for faster iteration.He calls for a shift away from “nanny products” and urges teams to “trust our users” more.Brin, who has no formal role at Google beyond a board seat, stepped in over the head of Google DeepMind, Demis Hassabis, signaling the urgency of the AGI race."I think we have all the ingredients to wHosts: 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
In this week's truck news recap, Publisher Tim Esterdahl is discussing a recent study by iSeeCars.com, the Ford CEO Jim Farley discussing the F-150 pricing and more items that were covered this week.Check out our Forum: https://forum.pickuptrucktalk.com/Support the show
In this special episode, Zoe and Hannah sit down with the CEO of Ford, Jim Farley, to discuss Ford's partnership with Red Bull Racing. Jim explains why Ford wanted to return to F1, how they're handling the pressure to perform with Red Bull, and how America's interest in F1 has changed over the years. Plus, they put Jim's Ford F1 knowledge to the test with a little quiz.
Jon Fortt and Morgan Brennan break down a big night for earnings with insights from Adam Crisafulli of Vital Knowledge and Scott Chronert of Citi Research. Ford CEO Jim Farley joins for an exclusive discussion on the automaker's latest results. Plus, Ben Bajarin weighs in on Qualcomm and Arm earnings, and MP Materials CEO James Litinsky unpacks China's dominance in rare earths market and how his company is working to bring the supply chain back to America.
Last week Emma and Boston had the privilege of attending the Ford Performance Season Launch in Charlotte, NC. Throughout the episode they recap all of the amazing activities and experiences that they got to have, including interviewing Ford CEO Jim Farley. Enjoy!Follow us on Instagram @tracktalk.pod
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
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 set October sales records, up 16% and 18% respectively, with notable gains in electric and hybrid models, a trend seen industry-wide.U.S. light-vehicle sales are expected to climb up to 11% from last October, with retail demand offsetting declines in fleet sales, say industry analysts.The industry's annualized sales rate is projected to hover between 15.8 and 16.1 million, sustaining the strong September pace.New-vehicle inventories are up 25%, though still below pre-pandemic levels, creating a mix of high turnover for brands like Toyota and large stockpiles at others.Rising inventories are pushing incentives higher, averaging $3,149 per vehicle—a 71% increase over last year—with EVs seeing the largest discounts.Ford CEO Jim Farley is driving a new culture of accountability by linking manager bonuses to key goals in quality and cost-cutting—and reducing bonuses to 65% of the total potential this year.Ford's recent earnings met only the low end of expectations, causing shares to drop over 10% earlier this week.In a recent town hall, he stressed the urgency of the new performance-based bonus system to push for faster improvements in quality, saying current progress isn't enough.“We now truly differentiate and reward excellence at Ford,” Farley said, describing the shift as a “massive culture change.”This move aligns Ford with broader trends, as GM also updated its bonus structure this year, now offering top performers 150% of their potential bonus.Target is launching its Black Friday deals earlier than ever, offering shoppers a jumpstart on savings with multiple ways to snag the best prices this season.The three-day Early Black Friday Sale runs from Nov. 7-9, giving shoppers early access to top discounts.Target's Holiday Price Match Guarantee ensures shoppers get the best deal, with price matching on items that drop in price through Dec. 24.Daily deals start Nov. 1, and each week's discounts include up to 50% off items like floorcare and toys, exclusively for Target Circle members.“We're kicking off the holidays in a way only Target can,” said Rick Gomez, EVP at Target, promising a season of exclusive products, fun, and unbeatable prices.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
On this week's big Friday show: ⦁ the reveal of the Scout Terra pickup and Traveler SUV ⦁ why Ford CEO Jim Farley drives a Xiaomi and loves it ⦁ the I-90 Surge trailer debut ahead of the first epic episode ⦁ and of course, much, much more
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
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 traditional dealership network, and sparking strong reactions from U.S. auto dealers.The Terra pickup and Traveler SUV, unveiled as production-ready concepts, are aimed at ruggedness, repairability, and will feature an optional extended-range EV system.Sales will skip U.S. VW dealers, instead using a direct model with $100 refundable reservations available.Dealers expressed frustration, raising potential legal challenges over lack of communication.John Devlin of the Pennsylvania Automotive Association warns of “challenges” facing Scout in nearly every state, saying "Scout can't expect dealers to sit by quietly. This approach will face serious pushback. My counterparts around the country are not just going to roll over,"Ford CEO Jim Farley recently shared insights from driving a Xiaomi SU7 sedan around Chicago, highlighting how far American automakers lag behind China's highly integrated tech-automotive ecosystem, which is increasingly driven by consumer tech giants like Xiaomi and Huawei.Farley praised the Xiaomi SU7, calling it "fantastic" and noting Xiaomi's ability to sell tens of thousands of units per month, with long waitlists.In China, brands like Xiaomi and Huawei seamlessly integrate their operating systems across vehicles and consumer electronics, offering an experience unmatched by Western brands.Despite Elon Musk's past assurances that Tesla's service and Supercharger network would not be profit centers, the company's latest earnings reveal a notable surge in profits from these very areas, highlighting a strategic shift.Q3 2024 results show Tesla's “services and others” profits grew to nearly $250 million, up 90% year-over-year and a significant chunk of an $800M annual gross profit increase.Once a spectrum of vivid hues, the color choices for America's cars have dwindled over the past two decades, influenced by economic shifts and cultural trends.In 2005, over half of cars featured bold colors beyond black, white, silver, or gray; now, less than 20% do.Vibrant hues are increasingly reserved for luxury models; 12% of Chevys come in color, compared with 44% of Lamborghinis.Apple's shift to sleek, minimalist design in 2003 popularized monochrome aesthetics that spread to the auto industry.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
A listener review sparks a discussion on the environmental benefits of Chinese-made electric vehicles (EVs) versus the human rights concerns, particularly regarding the Uyghur population. Uber plans to transition to an all-electric fleet by 2030 in Canada. The International Energy Agency (IEA) predicts oil demand will peak before 2030. What does this mean for clean energy's future? Join The Clean Energy Show's CLEAN CLUB on Patreon or YouTube for exciting perks! Get a monthly bonus podcast, early access to our content, behind the scenes content, access to our members-only Discord community and thank-yous in the credits of videos and shoutouts on our podcast! Starting at just a couple dollars per month! Google Goes Big on Solar: Google is expanding its investment in solar energy to power data centers. We explore the potential impact on Texas. Human Rights & EV Supply Chains: Amnesty International's latest report calls out major automakers like BYD and Mitsubishi for failing to protect human rights in their EV supply chains. Additional Topics: Barry's tracking solar panels. Ford CEO Jim Farley's candid insights on EV development. Amnesty International's ranking of EV companies based on their human rights practices. Lightning Round: Tesla's Blade Runner lawsuit. Russia's use of electric motorcycles in its military. New $35,000 Chevy Equinox EV available for order. Major discovery of lithium deposits in Arkansas that could supply the world's EV batteries demand. Support Us: Contact us via email at CleanEnergyShow@gmail.com or leave a voicemail at SpeakPipe.com/CleanEnergyShow. Join our Patreon community for exclusive perks like ad-free episodes, bonus content, and access to our Discord server. Visit our Clean Energy Store for exciting new items. Don't forget to subscribe on your podcast app to get new episodes every week, and check out the video version of the podcast on YouTube, TikTok, and Instagram! See you next week on The Clean Energy Show! Contact Us cleanenergyshow@gmail.com or leave us an online voicemail: http://speakpipe.com/clean Follow/Subscribe Apple https://podcasts.apple.com/ca/podcast/the-clean-energy-show/id1498854987 Spotify https://open.spotify.com/show/5wOOCKdJ7Rtq72YxzcTqFm?si=515f6bec86654ed8 WATCH our hour-long weekly video podcasts and other videos on: TikTok | YouTube | Instagram Support The Clean Energy Show Join the Clean Club on our Patreon or with YouTube Memberships to receive perks for supporting the podcast and our planet! Benefits include: Ad-free podcasts Days early access Exclusive Discord server access High Quality Audio Bonus Episodes! Bonus Content Verbal Shout-outs on the audio and video podcasts Thank you credit on all our long-form weekly video podcasts Merch discounts and more! Free to join for special public posts and discussion. PayPal Donate offers one-time or regular donations. Apple Podcasts Subcription option coming soon! Store Visit The Clean Energy Show Store for T-shirts, hats, and more!. Socials X: Clean Energy Pod Bluesky: Clean Energy Pod James Whittingham: Twitter Brian Stockton: Twitter Leave us an online voicemail at SpeakPipe James Whittingham's comedy podcast Sneeze! with James Whittingham Copyright 2024.
In this week's podcast, Jim Farley, CEO of Ford is back to talk to Robert about the latest developments at Ford and in the EV world! @fullychargedshow @everythingelectricshow Why not come and join us at our next Everything Electric expo: https://everythingelectric.show Check out our sister channel: https://www.youtube.com/@EverythingElectricShow Support our StopBurningStuff campaign: https://www.patreon.com/STOPBurningStuff Become a Fully Charged SHOW Patreon: https://www.patreon.com/fullychargedshow Become a YouTube member: use JOIN button above Buy the Fully Charged Guide to Electric Vehicles & Clean Energy : https://buff.ly/2GybGt0 Subscribe for episode alerts and the Fully Charged newsletter: https://fullycharged.show/zap-sign-up/ Visit: https://FullyCharged.Show Find us on Twitter: https://twitter.com/fullychargedshw Follow us on Instagram: https://instagram.com/fullychargedshow To partner, exhibit or sponsor at our award-winning expos email: commercial@fullycharged.show Everything Electric AUSTRALIA - Sydney Showground - 7th, 8th & 9th March 2025 Everything Electric (UK) LONDON - ExCel - 16th, 17th & 18th April 2025 Everything Electric EUROPE, USA & (UK) NORTH - dates for 2025, 2026 & 2027 to be confirmed
Ford CEO Jim Farley opens up about work, life, and how he tries to keep perspective in high-pressure situations in an interview with Automotive News Publisher KC Crain. Stellantis will cut about 200 jobs at the plant that makes the Ram 1500. Plus, Kia EVs will get access to Tesla Superchargers.
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Ford first teased the idea of a four door Mustang back in 1965, the only hint at changing the setup for this iconic vehicle which has, historically, been a 2-door coupe.But according to recent reports, it's possible we might see that concept take shape once again. Ford CEO Jim Farley said in 2022 that the company had considered a 4-door option, and even produced sketches. Last week, reports surfaced that Farley was now calling the 4-door option for this classic car "credible" and that dealers were even shown renderings.Download and listen to the audio version below and click here to subscribe to the Today in Manufacturing podcast.
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Shoot us a Text.As another week comes to a close, we're grateful for the auto industry. Today we're covering how inflation is affecting repos, how demand is affecting Ford's production plans and how iPhones and Androids might finally get along.Show Notes with linksAuto repossessions are up 23% in the first half of 2024, surpassing pre-pandemic levels and indicating financial stress among consumers as interest rates and inflation strain household budgets.Vehicle seizures decreased during the pandemic due to leniency and stimulus checks, but have now surged back, with repos increasing 14% compared to 2019.Subprime auto borrowers are struggling, with 5.62% at least 60 days late on payments in June.Average interest rates: 7.3% for new cars, 11.5% for used cars; monthly payments average $739 for new and $549 for used, according to EdmundsRelief might come later this year, with some anticipating the Fed lowering interest rates in September, allowing the opportunity for refinancing and new buyers.Jeremy Robb, senior director of economic and industry insights at Cox Automotive summed it up: “I think a lot of consumers are really waiting to see if interest rates come down a little. That's kept a lot of people on the sidelines.” Ford Motor Company again has slowed down its EV plans, repurposing its Canadian Oakville Assembly plant to build larger gasoline-powered F-Series trucks, delaying the launch of three-row electric SUVs.The Oakville facility will now add capacity for 100,000 F-Series Super Duty trucks.“Super Duty is a vital tool for businesses and people around the world, and, even with our Kentucky Truck Plant and Ohio Assembly Plant running flat out, we can't meet the demand,” said Ford CEO Jim Farley.Ford lost nearly $4.7 billion on its EV business in 2023, with projected losses up to $5.5 billion this year.The company plans to invest about $3 billion to expand Super Duty production, securing 1,800 jobs at Oakville and adding about 220 jobs at engine and component plants.Apple's iOS 18 finally brings RCS support to iPhones, significantly improving messaging between iPhone and Android users. Photos are now high-resolution, ending the era of blurry, tiny images.iOS 18, currently in Beta but available on iPhone, includes homescreen customization, Siri improvements, and revamped Photos app.Apple added RCS (Rich Communication Services) support as a minor feature, this comes after years of Apple refusing to bow to pressure to adopt the messaging standard.RCS improves messaging with features like typing indicators, read receipts, and high-res media.The green bubble persists with Android users, and Apple's RCS implementation lacks encryption.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
The once-blighted, monolithic Michigan Central train station was for decades a symbol of Detroit's decline. It now has new life following a massive six-year, multimillion-dollar renovation to create a hub for mobility projects in the rebirth of the Motor City. The windowless, hulking, scavenger-ravaged structure that ominously shadowed the city's Corktown neighborhood now is home to Ford Motor Company and the centerpiece of a sprawling 30-acre (12-hectare) mobility innovation district. The building's first tenant, Google's Code Next Detroit computer science education program, was expected to move in by late June. Grand opening ceremonies included an outdoor concert on June 6, with tours for the public that started on June 7. “It really represented kind of the best physical symbol of that decay,” Ford CEO Jim Farley said. “And here we are in a completely beautiful, breathtaking facility like Detroit was in the ‘20s. But here we are almost 100 years later.” The restoration effort is part of the automaker's more than $900 million project to create a place where new transportation and mobility ideas are nurtured and developed. The train station's history reflects the city's fortunes during its heyday as the world's car capital and later misfortunes as thousands of auto workers and other residents fled Detroit for life in the suburbs. The depot opened in late 1913. But as traveling by train gave way to commuter air travel and as more Americans chose to use the nation's interstates, the numbers of people coming through Michigan Central steadily dropped. The last train pulled out in 1988 and for years after the building fell into disrepair, neglect, and abandonment. It became a destination for the curious and urban adventurers. Other buildings in Detroit suffered the same or a similar fate, but due to Michigan Central's size, it became a symbol of the city's decline. Redevelopment by its former owner never materialized. Then, in 2018, Ford announced it was buying the 18-story building and adjacent structures as part of its plans for a more than 1 million-square-foot campus focusing on autonomous vehicles. This article was provided by The Associated Press.
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Shoot us a Text.Welcome to a new month and a new quarter! Today we're covering Jim Farley's conversion from “petrol head” to EV enthusiast, Jeep's plans to bring a sub-$25K EV to the US market and a new robotaxi from the CEO of Bugatti.Show Notes with links:Ford CEO Jim Farley has posted his argument for EVs on LinkedIn, discussing the potential and challenges of EVs, while emphasizing his personal experience and Ford's commitment to innovation.Farley describes his deep-rooted love for traditional cars and his surprise at falling in love with electric vehicles through his experience with the Ford F-150 Lightning Platinum.He highlights the convenience of EVs, such as the absence of gas station visits, quiet operation, smooth acceleration, and unique features like a massive frunk and mobile generator capabilities.“The tipping point we're working toward will come not from regulators who push us or from politicians who try to hold us back. It will come from consumers. Not when an arbitrary market share is reached, but when electric vehicles are simply better for more customers – better to drive, cheaper to own, and easier to integrate into daily life.”Jeep has announced plans to launch an affordable Renegade EV in the US for under $25,000, but industry experts are skeptical about the feasibility of hitting this price point.Jeep aims to launch a new model every year over the next three years, with a goal of increasing its market coverage in North America from 45% to 85% by 2027.Experts doubt Jeep can achieve the $25,000 price point, citing potential production outside North America, which would disqualify the vehicle from federal incentives.Ralph Mahalak Jr., a Jeep dealer, supports the idea of a low-cost EV but stresses the need for a range of 200 to 300 miles to be competitive.Other brands like Kia, Volvo, and Chevy are also targeting the low-cost EV segment, with prices starting around $30,000 to $35,000.“If the Renegade comes in at, let's say [$30,000] starting for the launch models, or maybe even [$35,000], it could put up some numbers for Jeep,” says Edmunds' Joseph Yoon.Rimac, known for its million-dollar hypercars, has ventured into autonomous vehicles with the launch of its robotaxi, "Verne." Named after the novelist Jules Verne, this innovative two-seater EV aims to revolutionize urban transportation.The Verne is a two-door, two-seater EV with a design blending a space capsule and a European hatchback. It features a giant 43-inch dashboard screen, 17 speakers, and no steering wheel or pedals, offering a spacious and tech-savvy interior.Equipped with Mobileye's advanced cameras, sensors, and lidars, the Verne uses the Mobileye Drive platform for its autonomous driving capabilities.“Why a 2-seater? Because the data shows that nine out of 10 rides are used by one or two people,” says Chief Design Officer Adriano Mudri in a 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
Ford CEO Jim Farley joins Hannah Elliott and Matt Miller to discuss China, EVs, Formula 1, the Mustang, the Raptor and more!See omnystudio.com/listener for privacy information.
Jim Farley is the CEO of Ford Motor Co. On this episode we talk about his awesome vintage racing experience; how he went pro for the upcoming Mustang GTD; why they made the GTD; the reason Ford pivoted from full autonomous cars; why hybrids are important; that sedan thing; and more!https://www.roadandtrack.com/car-culture/a42579850/ford-ceo-jim-farley-on-turning-pro-in-a-race-car/Recorded June 7, 2024 Head to the Apple App Store right now and download the Tinker App. It's like having a pro mechanic in your pocket. Use Off The Record! and ALWAYS fight your tickets! Enter code TSTPOD for a 10% discount on your first case on the Off The Record app, or go to https://www.offtherecord.com/TST New merch! Grab a shirt or hoodie and support us! https://thesmokingtireshop.com/ Want your question answered? Want to watch the live stream, get ad-free podcasts, or exclusive podcasts? Join our Patreon: https://www.patreon.com/thesmokingtirepodcast Tweet at us!https://www.Twitter.com/thesmokingtirehttps://www.Twitter.com/zackklapman Instagram:https://www.Instagram.com/thesmokingtirehttps://www.Instagram.com/therealzackklapman Want your question answered? Want to watch the live stream, get ad-free podcasts, or exclusive podcasts? Join our Patreon: https://www.patreon.com/thesmokingtirepodcast Use Off The Record! and ALWAYS fight your tickets! Enter code TST10 for a 10% discount on your first case on the Off The Record app, or go to http://www.offtherecord.com/TST. Watch our car reviews: https://www.youtube.com/thesmokingtire Tweet at us!https://www.Twitter.com/thesmokingtirehttps://www.Twitter.com/zackklapman Instagram:https://www.Instagram.com/thesmokingtirehttps://www.Instagram.com/therealzackklapman
June 6, 2024 ~ Ford CEO Jim Farley joins Paul W Smith live from the reopening of Michigan Central Station.
June 3, 2024 - Ford CEO Jim Farley joins Mitch and the crew to speak on Ford's role in the re-opening of Detroit's historic train station.
April 1, 2024 ~ Crain's Detroit Business managing editor Mike Lee talks with Guy, Lloyd, and Jamie about the top headlines from the weekend, including the University of Michigan's expansion to Metro Detroit, Ford CEO Jim Farley's compensation package, and more!
Recapping Restaurant of the Year week Big Ten Basketball Tournament bracket: Full TV schedule, seedings for 2024 championship Bill Ford gets personal with Ford CEO Jim Farley on his podcast this week
WATCH the video on YouTube by clicking the RED button above.LISTEN to audio only via the Substack player by clicking the BLUE button above.STREAM audio only on Apple Podcasts, Spotify, or your favorite podcast player app.DOWNLOAD a pdf of the slide deck by clicking the blue Download button below.We focus on some of the big macro themes that have emerged from earnings season across the broader stock market, with a focus on electric vehicle (EV) adoption S-curves, artificial intelligence (AI), ongoing US energy sector M&A, and the role of Canadian energy companies looking forward. Trends with both EVs and AI add to our confidence that demand for all sources of energy, including oil and natural gas, will continue to grow for the foreseeable future. We do not believe anyone can know today which decade let alone year that oil or natural gas will definitively peak. We would encourage readers to review Ford CEO Jim Farley's introductory remarks on Ford's 4Q2023 earnings call. Mr. Farley recognized the challenges Ford is facing in ramping EV sales; and while the company remains committed to longer-term EV growth, it is clearly going to be at a slower pace than what was envisioned even one year ago. At the same time, Mr. Farley noted an uptick in hybrid vehicle sales, which, ironically, may be the technology most appropriate for US consumers and could eventually, and finally, lead to marked improvements in fuel economy. It has long been our view that it is inappropriate to use a uniform rapid EV adoption “s-curve” in all regions; we do not believe the examples of Norway (driven by climate policy) or China (driven by geopolitical security) will be representative of the United States, India, or many other developing countries. As it relates to traditional energy, we believe the belief that rapid global EV adoption will lead to oil demand rolling over within the next 5-10 years is not anywhere near on track to occur, especially when one considers the massive untapped energy demand of the other 7 billion on Earth that are not amongst The Lucky 1 Billion of us. We recognize that “AI” has become a major buzzword, and with that likely comes some hype and over-enthusiasm about the subject. That said, we are believers that the next major technology revolution is here. The relevance to energy is that implied power demand from AI technology use, datacenters, and related infrastructure will be massive. After about 20 years of broadly flat US power demand, low-to-mid-single digit load growth appears to have returned (even higher in some regions). Load growth and growing penetration of intermittent resources like solar and wind are an unhealthy mix—a point that does not appear to be lost on the giant technology companies. In our view, it may well be AI that proves to be our salvation when it comes to what we have called “a messy energy transition era.” The general freak-out by many Big Tech firms over how to source power while also meeting sustainability goals, we believe could lead to a healthier narrative around energy overall. Big Tech is going to need “all of the above” energy solutions that can meet growing power demand. Near-zero methane natural gas along with nuclear are going to be important components of our power generation mix along with rising renewables output.
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Today we welcome special guest host Todd Caputo to talk about the resilience of physical standalone used car models as well as some big price adjustments from Ford on their Mach EShow Notes with links:It's appropriate that our Charlotte, NC based guest Todd is our guest host today to celebrate on this day in 1948, NASCAR was founded by William "Bill" France Sr. Bill was a race-loving mechanic who moved to Daytona Beach, and saw much corruption amongst disjointed race promoters who would run off with prize money so he initiated NASCAR to standardize racing rules and ensure fair competition, serving as its first president and significantly influencing its growth to become a major American spectator sport and a multi-billion-dollar industry.Ford Motor Co. has significantly reduced the prices of the 2023 Mustang Mach-E, slashing costs by $3,100 to $8,100 across different models to enhance its competitiveness against Tesla.The price reduction is coupled with attractive financing offers, including 0% financing for 72 months for qualified buyers and a $7,500 cash incentive on leased vehicles, aiming to clear the path for the 2024 modelThe Mustang Mach-E is second to the Tesla Model Y in US sales. Despite not qualifying for the $7,500 federal tax credit,Ford CEO Jim Farley emphasized the need for affordable electric vehicles in the competitive market, with Ford developing a smaller, more affordable electric vehicle. "We are adjusting pricing," said Ford spokesperson Marty Gunsberg, highlighting the company's strategy to adapt to market dynamics and prioritize customer value.Despite the turbulent automotive market, some standalone used-car stores like Sonic Automotive's EchoPark have navigated through volatility with strategic adjustments, such as reducing store footprints to improve inventory allocation and sales.The industry has seen a shift from ecommerce platforms like Vroom, Shift, Carlotz, and Carvana to physical used-car outlets, emphasizing the resilience and adaptability of these business models to market dynamics.Sonic Automotive and other major players, such as AutoNation and Penske, have integrated additional services like F&I and repair to create synergies with their used-car operations, enhancing customer value and operational efficiency."Reducing our store footprint...allowed us to better allocate inventory across the platform," noted David Smith, Sonic's CEO, illustrating a strategic pivot towards a more focused and efficient operational model to weather the fluctuating used-car market.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 ASOTU Instagram: https://www.instagram.com/automotivestateoftheunion
Ford CEO Jim Farley reveals his regrets — and tough lessons learned for automaker Marvelous Marvin's difficult move might spell trouble for its future Michigan State basketball's grit and grind starting to pay off ahead of final stretch
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
We're screaming toward the end of another great week in auto as we talk about a great new insights report from our friends at CARS Commerce. We also talk about Jim Farley's rather direct comments about Ford, as well as an ASOTU CON Speaker who was recently featured on the Jimmy Fallon Show. Our friends at CARS Commerce are leveraging their data to provide a new monthly Industry Insights Report that will pull out key industry and car-shopping data across their platforms. Here are some of the highlights:Shift to a buyer's market: The automotive industry is seeing a potential shift toward a buyer's market as of 2024, driven by a combination of lower prices, a 36% year-over-year increase in new car inventory and vehicles staying on dealer lots for longer periods — ultimately enhancing negotiation leverage for shoppers. New-car prices dipped again, but total vehicle cost is still elevated: As new-car inventory returns, prices are softening. However, Cars Commerce's just-launched New Car Pricing Index (NCPI) reveals the total cost to purchase and finance a vehicle is still 32.7% above MSRP.Increased options for budget-conscious consumers: There's a notable uptick in the availability of new vehicles priced under $30K, with a 63% year-over-year increase, indicating a broadening of options within an accessible price range for budget-conscious buyers – however, the market is still below average, down 79% when compared to pre-pandemic Jan. 2019 levels. Used-car scarcity increasing: Despite a slight decrease in average prices, an 800,000-vehicle drop in availability exacerbates the scarcity of used cars, indicating increased volatility in the market this year and highlighting the need for monitoring lease returns to project future inventory.Growing EV inventory and market adjustments: The EV market is fluctuating, with a 136.7% increase in dealer inventory allowing more consumers to test-drive vehicles previously limited by supply issues, while the used-EV market is experiencing an uptick in demand bolstered by increased supply and lower prices.During the Wolfe Research Global Auto Conference in New York, Ford CEO Jim Farley announced a strategic shift towards developing smaller, profitable electric vehicles (EVs) amidst a changing market and a new dynamic with the UAW post-strike."It's nonnegotiable that we're going to allocate capital to a new affordable electric vehicle ... and you have to make money in the first 12 months," he said Thursday, recounting the message he gave his team. "And I don't want a bullshit road map. I want, like, a real plan. And if you can't [execute] that plan, we ain't launching the car."Around the ASOTU halls, we think it's a pretty cool thing when the keynote speaker for your big upcoming event, Will Guidara, suddenly appears with his wife on a segment of the Tonight Show with Jimmy Fallon. 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 ASOTU Instagram: https://www.instagram.com/automotivestateoftheunion
If your product has a combination of hardware and software, this is the podcast for you!This podcast is all about agile in the manufacturing world with manufacturing expert and consultant to the stars, Clint Murt!Clint joins Enterprise Business Agility Coach Om Patel and Product Manager Brian Orlando for an exploration of a realm where just creating great software isn't enough. We quickly discover that, when hardware enters the picture, complex compounds exponentially. Special shout out to the Everything Electric Show and the Fully Charged Podcast for the clip of Ford CEO Jim Farley discussing issues around software in the automotive industry0:00 CEO of Ford Jim Farley on Software in Manufacturing1:23 Clint's Intro & an Overview of Manufacturing3:38 Dependencies5:40 Arguing on: Dependencies & Ecosystems8:33 Challenging Agile Tropes on Dependencies10:43 Compounding Problems12:17 Short Term Metrics14:57 Upfront Cost17:52 Sales Running Ahead21:57 User Experience25:20 Inventory Management30:00 Embedding with Customers35:27 Multi-Team Collaboration37:54 Quality41:34 Summarizing the Podcast43:10 Six Sigma & Lean/Agile44:30 Wrap-Up= = = = = = = = = = = =Watch it on YouTubePlease Subscribe to our YouTube Channel:https://www.youtube.com/channel/UC8XUSoJPxGPI8EtuUAHOb6g?sub_confirmation=1= = = = = = = = = = = =Apple Podcasts:https://podcasts.apple.com/us/podcast/agile-podcast/id1568557596Spotify:https://open.spotify.com/show/362QvYORmtZRKAeTAE57v3Amazon Music:https://music.amazon.com/podcasts/ee3506fc-38f2-46d1-a301-79681c55ed82/Agile-Podcast= = = = = = = = = = = = AA151 - Hardware & Software Products and Teams: Agile in Manufacturing
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Welcome to a fresh week in retail auto as we talk about the reason for rising auto insurance rates. We also talk about Ford's more balanced EV strategy shift, as well as the big solar project underway at the Pentagon. Show Notes with links:In 2023, the auto insurance industry faced a wave of soaring rates, with the 10 largest insurers in the U.S. implementing double-digit increases, shaking up the market.This trend is attributed to rising claim frequencies and severities, including more severe crashes, litigated claims, and losses from weather and theft.Farmers Insurance led the charge with a 17.6% average rate increase across 43 states, reflecting a broader trend among top U.S. auto insurers.Notably, American Family and USAA followed closely, hiking their rates by 17.5% and 16.9% respectively, while other major players like Nationwide and State Farm also crossed the 16% threshold.The duo of GEICO and Allstate, despite being among the biggest rate raisers in 2022, ended 2023 with comparatively lower increases.Nevada experienced the highest increase at 28.3%, while states like Hawaii, North Carolina, and Colorado saw more modest rises under 5%.Ford Motor Company announced an adjustment to its EV strategy, scaling back F-150 Lightning production due to decreasing demand, while simultaneously ramping up its focus on Bronco and Ranger models.On Friday, Ford announced a reduction in F-150 Lightning production, affecting 1,400 workers, with a shift from two to one at the Rouge Electric Vehicle Center from April.The company plans to reallocate 700 of these workers to its Michigan Assembly Plant, which is increasing production of the Bronco and Ranger models.Despite the shift, Ford sold over 24,100 F-150 Lightnings in 2023, marking a significant increase from the previous year.Ford's restructuring is part of a broader strategy to balance its vehicle lineup, including gas-powered, hybrid, and electric models for optimized financial returns.“We are taking advantage of our manufacturing flexibility to offer customers choices while balancing our growth and profitability," said Ford CEO Jim Farley in a statementThe U.S. Department of Defense is set to install rooftop solar panels and a heat-recovery heat pump system at the Pentagon, targeting a drastic cut in fossil fuel dependence.These installations are expected to cover over 95% of the space and hot water heating needs, previously fueled by natural gas and oil.With over 6.6 million square feet of space, the Pentagon aims for net zero, projecting annual energy savings of over $1.36 million.Avg commercial bldg costs 22.5 kw/h per sf. Avg cost .23 per sf. Pentagon is 6.6m sf. 148,500,000 kw/h = 34,155,000 1.36M = 3.9%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 ASOTU Instagram: https://www.instagram.com/automotivestateoftheunion
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Welcome to the best month on the calendar as we give a spirited UAW strike update, peruse the list of new vehicles over the next 18 months, and review the very first show at the site of the NADA Show opening party at the Las Vegas Sphere.Weekend tensions were rising between the UAW and the Detroit 3 as 7000 additional workers went on strike. Ford CEO Jim Farley alleges the union is holding automakers "hostage" with unreasonable demands, stating, "A bad deal would threaten midsize or expensive larger vehicles." and that if the goal was a historic contract, that was already on the table. UAW President Shawn Fain countered by accusing Farley of "lying about the state of negotiations." Fain emphasized, "Bargaining's always a two-way street," and criticized the companies for frequently shifting their stance. The dispute has now engaged approximately 25,000 workers. Nyle Maxwell, owner of four Stellantis stores and chairman of the Stellantis National Dealer Council, voiced concerns about the ongoing strike's impact on inventory and the supply chain. He's been stockpiling fast moving parts and highlighted the potential crunch on Jeep Wrangler and Gladiator inventory. Maxwell emphasized, "any additional strike targets are just going to cripple the entire supply chain." He urges "more strategic thinking and less bluster."Flashback to 2017: Automotive News released its first annual Future Product Pipeline listing all plug-in vehicles headed to market. The Chevrolet Bolt was a fresh face and Elon Musk was touted as a champion of a progressive audience as he announced his ambitious promise of a $35,000 Tesla Model 3 made headlines. Today the Model 3 is the number one selling EV on the market even though it never met that price point, and the Gen 1 Bolt is about to be history. Since then, the automotive landscape has evolved dramatically, and the list of EVs coming to market is longer than the list of ICE vehiclesAcura ZDX, Audi A6 E-tron, Audi Q6 E-tron, BMW i5, BMW i7, BrightDrop Zevo 400, Buick electric crossover, Cadillac Escalade IQ, Cadillac Celestiq, Chevrolet Blazer EV, Chevrolet Bolt EUV/EV, Chevrolet Equinox EV, Chevrolet Silverado EV, Cruise Origin, Dodge Challenger EV, Dodge Charger EV, Fiat 500e, Porsche Taycan, Ram 1500 REV, Ram ProMaster, Rivian R1S, Rivian R1T, Rolls-Royce Spectre, Tesla Cybertruck, Tesla Model 3, Tesla Roadster, VinFast VF 6, VinFast VF 7, VinFast VF 9, Volkswagen ID Buzz, Volkswagen ID4, Volkswagen ID7, Volvo EX30, Volvo EX90.Last Friday night, U2 kicked off a new era of live performances at Las Vegas's groundbreaking Sphere venue…which will also be the location of the NADA Show Welcome Reception this year.The $2B Sphere made full use of the 16K, wrap around screen as 18,600 fans lost their minds across social mediaGA, standing room admission was over $200 face value with parking costing $100U2 will play 25 shows at the sphereHosts: 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 ASOTU Instagram: https://www.instagram.com/automotivestateoftheunion
MotorTrend's Ed Loh & Jonny Lieberman chat with Ford CEO Jim Farley! The guys discuss the all-new Ford Mustang GTD supercar, Ford adopting Tesla's Charging Standard, the decision behind splitting into "Ford Blue" & "Ford Model e", making EVs vs ICE vehicles, what he learned on his road trip in a Ford Lightning, battery production, the future of SDVs, autonomy with BlueCruise, the EV price war with China, and more! 0:42 - Guest introduction & more about the day of recording. 4:49 - Ford Mustang GTD! 10:35 - Prototype Inboard Suspension & DRS System. 15:00 - The wing! 17:54 - Decision behind the name "Mustang GTD". 19:40 - Adopting Tesla's Charging Standard. 26:58 - Decision behind the split into "Ford Blue" & "Ford Model e". 29:20 - Making EVs vs ICE vehicles. 34:19 - Jim's road trip in the Ford Lightning. 35:37 - Tripling Ford Lightning Production. 38:00 - Other lessons he learned on the road trip. 43:15 - The future of Software Defined Vehicles (SDVs). 44:19 - Predictive Failure Components using AI. 44:52 - Autonomy with BlueCruise. 45:28 - Subscription vs Usage cost for BlueCruise. 47:48 - Software subscriptions. 49:48 - Selling the customer on SDVs. 55:20 - How is mass adoption of EVs going? 01:03:01 - EV price war with China. 01:04:27 - Predictable cycle in technology change. 01:05:48 - Predicting the Gas-powered car ban in 2035.
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Welcome to another amazing week in Retail Auto as we give a progress report on the strike as well as some uncomfortable moments for Mary Barra and Jim Farley. We also talk about Lithia's largest acquisition to date, as well as Tesla landing the first EV on the leasing Top 10 list. Show Notes with links:“Progress is slow,” and “I don't really want to say we're closer.” was the sentiment communicated by UAW President Shawn Fain on MSNBC's “The Sunday Show with Jonathan Capehart.”The UAW resumed talks with GM on Sunday, and will do so with Stellantis and Ford on Monday. In a Friday press conference, Fain said “it could be in a day, it could be in a week.”Also over the weekend both GM CEO Mary Barra on CNN and Ford CEO Jim Farley on ABC were asked how they justify their compensation in light of the UAW demands for a pay increase. Both redirected the question and pointed out that the offers that are on the table are historically generous.The largest auto group in the US, Lithia, continues its expansion with its largest acquisition to date. But it's not in the US and it's not just about dealerships, it's also about software. Lithia Motors Inc. intends to purchase Pendragon's dealership and fleet business, which includes 160 retail locations in the U.K., primarily under the Stratstone or Evans Halshaw branding.The deal also includes acquiring Pendragon Vehicle Management, a vehicle fleet management platform with 15,000 to 20,000 vehiclesPinewood Technologies, a cloud based DMS, aims to stand as an independent software entity. With around 30,000 global users, the focus is on leveraging its cloud-based, tech-savvy software. Lithia, holding a 16.7% stake, plans a joint venture to introduce a Dealership Management System (DMS) to North America within the next three to five years.Overall, the Pendragon acquisitions are anticipated to add $4.5 billion in annual revenue to Lithia, making it their most significant purchase to date and bringing annual revenue over $38B. Their goal is $50B by 2025The Tesla Model 3 has become the first electric vehicle ever to enter the top 10 leased models in the U.S. according to a new report by ExperianRanking seventh in Q2, the Model 3 accounted for 1.79% of leased new vehicles, with approximately 25% of the 42,000 new Model 3s retailed during that period being leased, marking a 14-point surge from the previous year.In the second quarter, the top 10 leased vehicles in the U.S. were the Ford F-150 (2.52%), Honda CR-V (2.48%), Nissan Rogue (2.26%), Chevy Silverado 1500 (2.18%), Jeep Grand Cherokee (1.97%), Chevy Equinox (1.82%), Tesla Model 3 (1.79%), Honda Civic (1.7%), Ram 1500 (1.66%), and Jeep Wrangler (1.64%).Recent months have seen a spike in EV leasing, partly due to an expanded array of models qualifying for federal tax incentives when leasedHosts: 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 ASOTU Instagram: https://www.instagram.com/automotivestateoftheunion
This is Garrison Hardie with your CrossPolitic Daily News Brief for Thursday, September 14th, 2023. Fight Laugh Feast Magazine Our Fight Laugh Feast Magazine is a quarterly issue that packs a punch like a 21 year Balvenie, no ice. We don’t water down our scotch, why would we water down our theology? Order a yearly subscription for yourself and then send a couple yearly subscriptions to your friends who have been drinking luke-warm evangelical cool-aid. Every quarter we promise quality food for the soul, wine for the heart, and some Red Bull for turning over tables. Our magazine will include cultural commentary, a Psalm of the quarter, recipes for feasting, laughter sprinkled through out the glossy pages, and more. Sign up today, at fightlaughfeast.com. https://www.reuters.com/world/us/new-mexico-mayor-calls-legislative-debate-after-gun-ban-2023-09-13/ US judge freezes New Mexico governor's gun ban A federal judge in New Mexico on Wednesday issued a temporary restraining order against the state governor's ban on carrying guns in Albuquerque and its surrounding county, a move which threw the state into the center of the U.S. gun-rights debate. U.S. District Court Judge David Urias said Governor Michelle Lujan Grisham's 30-day suspension of concealed and open firearm carry rights went against a landmark U.S. Supreme Court ruling in June that people had a right to carry a gun outside their homes for self defense. “They just want the right to carry their guns,” Urias said of the several plaintiffs who requested restraining orders against Lujan Grisham's Sept. 8 emergency public health order. The Democratic governor issued the suspension on firearm carry laws to offer a "cooling-off period" in which authorities could address solutions to the state's high rates of gun crime after several children were fatally shot. Lujan Grisham's order outraged gun-rights advocates and drew backlash from fellow Democrats and law enforcement officials, also Democrats, who called it unconstitutional. Gun control campaigners called the move "courageous" and the Catholic Archbishop of Santa Fe feared more value was being given to gun rights than the life of an 11-year-old boy shot dead last week in an apparent Albuquerque road rage incident. Albuquerque's mayor and Bernalillo County's sheriff, both Democrats, have urged Lujan Grisham to call a special state legislative session on gun crime after the gun ban. Mayor Tim Keller said that, in order to fight gun crime, he needed legislation to fix a broken criminal justice system, regulate assault weapons and provide addiction and mental health services, among other measures. "Albuquerque families can't afford political debates that distract us from fighting violent crime," Keller wrote in a letter to the governor. Gun violence kills around 500 people a year in New Mexico, which ranks sixth among U.S. states for gun deaths per capita, according to gun violence prevention group Everytown for Gun Safety. Albuquerque is among the 10 most dangerous U.S. cities, based on FBI violent crime data. Lujan Grisham favors a ban on so-called semi-automatic assault weapons, among other gun control measures, and her office on Wednesday welcomed Keller's call for a special legislative session. https://www.washingtonexaminer.com/news/police-biden-energy-secretary-uses-car-reserve-ev Police called after Biden's energy secretary uses nonelectric car to reserve EV charger A Georgia family called the police on Energy Secretary Jennifer Granholm after an electric vehicle charging station was blocked by a gas-powered car, which had been parked by a staff member of the Department of Energy. The event occurred during a four-day road trip that Granholm was taking to demonstrate the effectiveness of electric vehicles. During the trip, the group's caravan was going to charge up at a suburb of Augusta, Georgia, but due to a lack of charging stations needed for all of their vehicles, a staff member with the group parked a nonelectric vehicle by one of the chargers to reserve a spot. Shortly after, a family with a baby was planning to charge their vehicle but could not due to the nonelectric vehicle blocking the charger, leading to them calling the police. However, it is not illegal for nonelectric vehicles to park at EV charging stations in Georgia, meaning the police could not do anything about the situation. The Energy Department staff were eventually able to work things out after they sent other vehicles to slower chargers to allow the family to charge their vehicle. "It's just par for the course," said John Ryan, a driver of an electric BMW who was also waiting to charge his vehicle. "They'll get it together at some point." Granholm's road trip comes as the Biden administration pushes for electric vehicles in the auto industry, with the Energy Department announcing last month that it would be allocating $2 billion in grants and $10 billion in loans to support automakers and part suppliers. This allocation would be for automakers to retrofit their existing facilities and expand the production of electric vehicles and their components. In August, Ford CEO Jim Farley said he received a "reality check" when he tried to charge his electric vehicle during a road trip he took himself. When charging his vehicle, he said his car was only charged to 40% during the 40 minutes he charged it, according to a video he posted to X, formerly known as Twitter. https://twitter.com/i/status/1690858328606355456 - Play Video President Donald Trump, who is running for president again in 2024, has criticized the Biden administration's stance against gas-powered cars and appliances, saying voters want to have a "choice for buying cars and washing machines." He has encouraged auto industry workers to ask their leaders to vote for him in the next presidential election, stating he will "immediately" end the electric vehicle "madness." https://justthenews.com/nation/economy/income-dropped-poverty-soared-under-biden-census-bureau Income dropped, poverty soared under Biden: Census Bureau Despite the Biden administration's efforts to tout the alleged successes of "Bidenomics," a report from the United States Census Bureau has revealed that many Americans saw their economic situation deteriorate dramatically in the first half of Biden's term. While the official poverty rate hovered around 11.5% in both 2021 and 2022, according to the report, the Supplemental Poverty Measure (SPM) increased 4.6% in 2022 to reach 12.4%, marking the first overall increase in that metric since 2010. In total, 37.9 million Americans lived in poverty in 2022. The report partially attributed the increase to the expiration of tax credits and pandemic stimulus payments. Income, meanwhile, dropped across an array of metrics. Real median household income declined by 2.3% from $76,330 to $74,580, while real median earnings of all workers dropped 2.2%. The drop was less severe among full-time, year-round workers, who saw a 1.3% decline. Inflation soared 7.8% from 2021 to 2022, marking the largest single-year increase in cost of living since 1981. The Census Bureau statement follows some other bad economic news for the president. The unemployment rate in August rose from 3.5% to 3.8% while inflation ticked up to 3.2%, marking the first increase after a consistent, year-long decline. Biden has repeatedly insisted that economic conditions are improving in the United States and has consistently attributed the nominal upswing to his policies. Americans, however, appear skeptical of that assertion, with 37.8% approving of his handling of the economy in the RealClearPolitics polling average, compared to 58.9% who disapprove. https://www.foxnews.com/media/chicago-mayor-faces-pushback-local-leaders-plan-house-migrants-tents-help-your-people-first Chicago mayor faces pushback from local leaders for plan to house migrants in tents: ‘Help your people first' Democrat Chicago Mayor Brandon Johnson is facing opposition from local leaders after he asked that "all 50 city council members" find space in their wards to help house "more than 200 migrants" in tents, according to a new report. But some aldermen are pushing back on Johnson’s plans. "I've looked in my ward. I just don't have any available space. I have one of the most dense wards in the city," Alderman Brian Hopkins said, according to ABC7 Chicago. Alderman David Moore of the 17th Ward called on Chicago to help its own community first. "I'm a believer in help your people first, help yourselves first, help your community first. Then reach out and help others," Moore said. But some aldermen have also voiced support for Johnson’s plan to house migrants. Johnson has announced that he wants to relocate the city’s nearly 1,600 asylum-seeking migrants, currently living in police stations, to winterized camps with big tents before cold weather hits. Each of the massive tents will be able to hold up to 1,000 migrants, the mayor said, and under his plan the camps will provide meals as well as recreational and educational programming. Currently, 16 shelters in the city house 13,500 migrants, and more arrive every day. The Chicago Sun-Times reported the cost to shelter the 13,500 migrants costs the city about $30 million per month. Johnson and his administration are working with the state of Illinois and Cook County to establish more shelters to take some of the pressure off Chicago, the mayor said. "These families are coming to the city of Chicago," Johnson said. "If we do not create an infrastructure where we’re able to support and, quite frankly, contain these individuals who have experienced a great deal of harm, individuals who are desperate … that type of desperation will lead to chaos." Johnson's office did not immediately respond to a request for comment.
This is Garrison Hardie with your CrossPolitic Daily News Brief for Thursday, September 14th, 2023. Fight Laugh Feast Magazine Our Fight Laugh Feast Magazine is a quarterly issue that packs a punch like a 21 year Balvenie, no ice. We don’t water down our scotch, why would we water down our theology? Order a yearly subscription for yourself and then send a couple yearly subscriptions to your friends who have been drinking luke-warm evangelical cool-aid. Every quarter we promise quality food for the soul, wine for the heart, and some Red Bull for turning over tables. Our magazine will include cultural commentary, a Psalm of the quarter, recipes for feasting, laughter sprinkled through out the glossy pages, and more. Sign up today, at fightlaughfeast.com. https://www.reuters.com/world/us/new-mexico-mayor-calls-legislative-debate-after-gun-ban-2023-09-13/ US judge freezes New Mexico governor's gun ban A federal judge in New Mexico on Wednesday issued a temporary restraining order against the state governor's ban on carrying guns in Albuquerque and its surrounding county, a move which threw the state into the center of the U.S. gun-rights debate. U.S. District Court Judge David Urias said Governor Michelle Lujan Grisham's 30-day suspension of concealed and open firearm carry rights went against a landmark U.S. Supreme Court ruling in June that people had a right to carry a gun outside their homes for self defense. “They just want the right to carry their guns,” Urias said of the several plaintiffs who requested restraining orders against Lujan Grisham's Sept. 8 emergency public health order. The Democratic governor issued the suspension on firearm carry laws to offer a "cooling-off period" in which authorities could address solutions to the state's high rates of gun crime after several children were fatally shot. Lujan Grisham's order outraged gun-rights advocates and drew backlash from fellow Democrats and law enforcement officials, also Democrats, who called it unconstitutional. Gun control campaigners called the move "courageous" and the Catholic Archbishop of Santa Fe feared more value was being given to gun rights than the life of an 11-year-old boy shot dead last week in an apparent Albuquerque road rage incident. Albuquerque's mayor and Bernalillo County's sheriff, both Democrats, have urged Lujan Grisham to call a special state legislative session on gun crime after the gun ban. Mayor Tim Keller said that, in order to fight gun crime, he needed legislation to fix a broken criminal justice system, regulate assault weapons and provide addiction and mental health services, among other measures. "Albuquerque families can't afford political debates that distract us from fighting violent crime," Keller wrote in a letter to the governor. Gun violence kills around 500 people a year in New Mexico, which ranks sixth among U.S. states for gun deaths per capita, according to gun violence prevention group Everytown for Gun Safety. Albuquerque is among the 10 most dangerous U.S. cities, based on FBI violent crime data. Lujan Grisham favors a ban on so-called semi-automatic assault weapons, among other gun control measures, and her office on Wednesday welcomed Keller's call for a special legislative session. https://www.washingtonexaminer.com/news/police-biden-energy-secretary-uses-car-reserve-ev Police called after Biden's energy secretary uses nonelectric car to reserve EV charger A Georgia family called the police on Energy Secretary Jennifer Granholm after an electric vehicle charging station was blocked by a gas-powered car, which had been parked by a staff member of the Department of Energy. The event occurred during a four-day road trip that Granholm was taking to demonstrate the effectiveness of electric vehicles. During the trip, the group's caravan was going to charge up at a suburb of Augusta, Georgia, but due to a lack of charging stations needed for all of their vehicles, a staff member with the group parked a nonelectric vehicle by one of the chargers to reserve a spot. Shortly after, a family with a baby was planning to charge their vehicle but could not due to the nonelectric vehicle blocking the charger, leading to them calling the police. However, it is not illegal for nonelectric vehicles to park at EV charging stations in Georgia, meaning the police could not do anything about the situation. The Energy Department staff were eventually able to work things out after they sent other vehicles to slower chargers to allow the family to charge their vehicle. "It's just par for the course," said John Ryan, a driver of an electric BMW who was also waiting to charge his vehicle. "They'll get it together at some point." Granholm's road trip comes as the Biden administration pushes for electric vehicles in the auto industry, with the Energy Department announcing last month that it would be allocating $2 billion in grants and $10 billion in loans to support automakers and part suppliers. This allocation would be for automakers to retrofit their existing facilities and expand the production of electric vehicles and their components. In August, Ford CEO Jim Farley said he received a "reality check" when he tried to charge his electric vehicle during a road trip he took himself. When charging his vehicle, he said his car was only charged to 40% during the 40 minutes he charged it, according to a video he posted to X, formerly known as Twitter. https://twitter.com/i/status/1690858328606355456 - Play Video President Donald Trump, who is running for president again in 2024, has criticized the Biden administration's stance against gas-powered cars and appliances, saying voters want to have a "choice for buying cars and washing machines." He has encouraged auto industry workers to ask their leaders to vote for him in the next presidential election, stating he will "immediately" end the electric vehicle "madness." https://justthenews.com/nation/economy/income-dropped-poverty-soared-under-biden-census-bureau Income dropped, poverty soared under Biden: Census Bureau Despite the Biden administration's efforts to tout the alleged successes of "Bidenomics," a report from the United States Census Bureau has revealed that many Americans saw their economic situation deteriorate dramatically in the first half of Biden's term. While the official poverty rate hovered around 11.5% in both 2021 and 2022, according to the report, the Supplemental Poverty Measure (SPM) increased 4.6% in 2022 to reach 12.4%, marking the first overall increase in that metric since 2010. In total, 37.9 million Americans lived in poverty in 2022. The report partially attributed the increase to the expiration of tax credits and pandemic stimulus payments. Income, meanwhile, dropped across an array of metrics. Real median household income declined by 2.3% from $76,330 to $74,580, while real median earnings of all workers dropped 2.2%. The drop was less severe among full-time, year-round workers, who saw a 1.3% decline. Inflation soared 7.8% from 2021 to 2022, marking the largest single-year increase in cost of living since 1981. The Census Bureau statement follows some other bad economic news for the president. The unemployment rate in August rose from 3.5% to 3.8% while inflation ticked up to 3.2%, marking the first increase after a consistent, year-long decline. Biden has repeatedly insisted that economic conditions are improving in the United States and has consistently attributed the nominal upswing to his policies. Americans, however, appear skeptical of that assertion, with 37.8% approving of his handling of the economy in the RealClearPolitics polling average, compared to 58.9% who disapprove. https://www.foxnews.com/media/chicago-mayor-faces-pushback-local-leaders-plan-house-migrants-tents-help-your-people-first Chicago mayor faces pushback from local leaders for plan to house migrants in tents: ‘Help your people first' Democrat Chicago Mayor Brandon Johnson is facing opposition from local leaders after he asked that "all 50 city council members" find space in their wards to help house "more than 200 migrants" in tents, according to a new report. But some aldermen are pushing back on Johnson’s plans. "I've looked in my ward. I just don't have any available space. I have one of the most dense wards in the city," Alderman Brian Hopkins said, according to ABC7 Chicago. Alderman David Moore of the 17th Ward called on Chicago to help its own community first. "I'm a believer in help your people first, help yourselves first, help your community first. Then reach out and help others," Moore said. But some aldermen have also voiced support for Johnson’s plan to house migrants. Johnson has announced that he wants to relocate the city’s nearly 1,600 asylum-seeking migrants, currently living in police stations, to winterized camps with big tents before cold weather hits. Each of the massive tents will be able to hold up to 1,000 migrants, the mayor said, and under his plan the camps will provide meals as well as recreational and educational programming. Currently, 16 shelters in the city house 13,500 migrants, and more arrive every day. The Chicago Sun-Times reported the cost to shelter the 13,500 migrants costs the city about $30 million per month. Johnson and his administration are working with the state of Illinois and Cook County to establish more shelters to take some of the pressure off Chicago, the mayor said. "These families are coming to the city of Chicago," Johnson said. "If we do not create an infrastructure where we’re able to support and, quite frankly, contain these individuals who have experienced a great deal of harm, individuals who are desperate … that type of desperation will lead to chaos." Johnson's office did not immediately respond to a request for comment.
Stocks closed higher as investors cheered Arm's successful IPO. Annandale Capital's George Seay and Zevenbergen Capital's Anthony Zachary break down the market action. Ahead of the midnight deadline for a new contract with UAW, Ford CEO Jim Farley on where negotiations stand. Adobe CEO Shantanu Narayen talks the company's earnings and how it plans to monetize its AI offerings. Peter Oppenheimer, Goldman Sachs Chief Global Equity Strategist, on why AI is not a bubble and has more room to run. Jon and CNBC.com's Hugh Son talk regional banks—and the new challenge they are facing. Seaport's Ken Zener on Lennar's earnings.
Adam Carolla is back with Motorator Matt as they chat with Jim Farley, CEO of Ford Motor Company. Then Matt and Goldberg chat about the Mustang Mach-E Rally and driving the $800,000 Gateway Bronco DrinkBravago.com
Spike & Zuckerman meet their new pts, sonderwunsch GT4RS for the first time, taking delivery via the Porsche Experience Center delivery program in Carson CA. Jonny joins the party to discuss the new Mercedes AMG GT, the new Lotus cars, and other sites and sounds of Pebble Beach. Then, Spike chats with Ford CEO Jim Farley about his California road trip and the new Mustang GTD.
This episode is brought to you by: KEYper Systems - Key Management Simplified. Fullpath – Discover Automotive's Leading Customer Data and Experience Platform. In this episode, I'm speaking with Brett Morgan, CEO of Morgan Auto Group. 00:00 - Intro 02:48 - Brett's background 08:20 - Succession & raising kids in generational wealth 13:51 - The journey to becoming CEO 29:53 - What Brett looks for in an acquisition 50:50 - Toyota and EVs 1:02:00 - Has dealership profitability peaked? 1:07:39 - Brett's message to Ford CEO Jim Farley 1:11:37 - Raising capital through private equity 1:20:08 - Finding the best people 1:28:45 - Wrapping up Follow Brett: X LinkedIn Morgan Auto Group Check out the website for more and follow me on X @GuyDealership! Interested in advertising with CarDealershipGuy? Drop us a line here. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.
➤ Ford CEO Jim Farley explains Tesla's huge lead ➤ Citi, Piper Sandler analyst notes ➤ China May sales ➤ Giga Shanghai increases security ➤ GM CEO Mary Barra discusses EVs ➤ Musk comments on FSD licensing ➤ FSD testing rumors ➤ Tesla adds referral incentives ➤ Panasonic to expand at Giga Nevada ➤ EV credit update ➤ Tesla sets record at Nürburgring ➤ Twitter updates ➤ Calendar Shareloft: https://www.shareloft.com Twitter: https://www.twitter.com/teslapodcast Patreon: https://www.patreon.com/tesladailypodcast Tesla Referral: https://ts.la/robert47283 Executive producer Jeremy Cooke Executive producer Troy Cherasaro Executive producer Andre/Maria Kent Executive producer Jessie Chimni Executive producer Michael Pastrone Executive producer Richard Del Maestro Executive producer John Beans Music by Evan Schaeffer Disclosure: Rob Maurer is long TSLA stock & derivatives
On the podcast today is first-time guest and Ford CEO, Jim Farley. Prior to joining Ford in 2007, Farley was group vice president and general manager of Lexus, and the group vice president responsible for all Toyota Division market planning, advertising and merchandising Under Farley's leadership, Ford has boosted investment in electric vehicles to more than $50 billion and has set ambitious targets for scaling their production to 600,000 EVs a year by the end of 2023 and more than 2 million by the end of 2026. Recorded over Zoom at the FC North show in Harrogate, Robert and Jim pull the curtain back and talk EV software, electric transits, battery plants, how the Prius came to be and more.
➤ Alex Potter of Piper Sandler cuts TSLA price target ➤ Ford CEO Jim Farley shares some advice with Tesla ➤ New Cybertruck photos ➤ Ram truck design contest shows interesting trend ➤ Shanghai Model 3 may be heading to Canada ➤ Tesla not taking S/X orders in more right-hand drive countries ➤ Tesla offering discounted financing on Model Y in Germany ➤ Reports of Shanghai factory production break ➤ Fremont factory applications ➤ The Boring Company looks to implement Tesla safety features ➤ Musk comments on FSD Beta ➤ Musk reaches settlement in defamation case ➤ SpaceX launches Falcon Heavy after short delay Shareloft: https://www.shareloft.com Twitter: https://www.twitter.com/teslapodcast Patreon: https://www.patreon.com/tesladailypodcast Tesla Referral: https://ts.la/robert47283 Executive producer Jeremy Cooke Executive producer Troy Cherasaro Executive producer Andre/Maria Kent Executive producer Jessie Chimni Executive producer Michael Pastrone Executive producer Richard Del Maestro Executive producer John Beans Music by Evan Schaeffer Disclosure: Rob Maurer is long TSLA stock & derivatives