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Meta Tanks, Crypto Credit Cards, CDKs New Wholesale Platform, and Dealers Rev Up Revitalization

Author
More Than Cars Media Network
Published
Thu 03 Feb 2022
Episode Link
None

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Meta, Paypal get pummeled, while other tech marches on. Meanwhile, we get into the broadening adoption of retail crypto usage as well as hiring opportunities for Auto Dealers amongst a growing pool of resigning teachers. We also share a little positivity spurred on by a Ford Dealer in Kansas. 

  • Clubhouse room today:
    • Women Inspiring Automotive w Special Guest Kim Evenson
    • Topic: Walk and Talk: Driving Team Alignment
    • Story about how Kim met Michelle
    • Executive Partner/CMO Advisory for Gartner, Publicly traded advisory firm
    • Go to ASOTU.club
  • Facebook and Paypal take a Beating
    • FB down over 23% in after hours trading
    • Missed earnings but biggest concern is the first decline in daily active users EVER
    • FBs Reality Labs lost 3.3B as it keeps the pedal down on development. 
    • Don’t make us send Bob Lanham down there!
  • Crypto-linked Visa card hits 2.5B in its first quarter
    • “People are using their crypto-linked cards to spend in a variety of ways — retail goods and services, restaurants, travel,” Visa CFO Vasant Prabhu told CNBC in a phone interview.
    • There are both crypto credit and crypto debit cards
  • Dealer in Salina, KS Long McArthur Ford, Donates Shelby Mustang to fund car museum and revitalization:
    • “I’m so happy that we are able to support the Salina community. This community has supported us for over 70 years
  • Leave us a podcast review! Use some keywords like Automotive, Auto Dealers, business, crypto
  • IF YOU HAVE notable stories in auto OR want to break some news…[email protected]

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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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