Banks, Bowie and Consumer Behavior with special guest Damon Lester

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Welcome to Tuesday as we’re on the ground with Damon Lester of Nissan of Bowie. We also talk about how banks failing affect the auto industry, controlling what you can control, and insights into what the consumer is thinking about.

• Everyone’s talking about the collapse of Silicon Valley Bank, and Damon uses some of his CPA background to talk about what it means, especially for the auto industry.
• Damon shares the view from his area of the industry.
  • Fixed Ops is the “weight room” of his store.
  • Customers have questions about EVs, specifically when it comes to EV tax credits.
  • On a practical note, Damon says that “How you start your day determines how you end your day.”

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.

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