Surprise Strike Point, 72 Hours for $7500, Chick-Fil-A Slow But Still Great

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As the fall temps start to settle in, we realize how much we’re going to miss that subtle tailpipe fog on a 50 degree morning if the EVs take over. We’re still catching you up on the UAW strike as well as a new update on the speed of funding EV tax credits from the Fed. We’re also not surprised that slow doesn’t equal bad in Chick-fil-a drive thrus. 

• As the United Auto Workers' strike enters its fourth week, the focus of the negotiations extends beyond just wages or benefits. UAW President Shawn Fain has opted to forgo additional walkouts, signaling potential progress in the discussions with the Detroit Big 3 automakers.
  • On Friday, UAW President Shawn Fain commented on the recent developments, saying, "We had a major breakthrough with GM over compensation for workers at electric vehicle battery plants. GM has agreed to include these battery plants under its national contract.”
  • Until recently, the UAW's core demands didn't explicitly list battery factories for unionization guarantees, highlighting a shift in priorities as the auto industry evolves. This surprise move by GM puts pressure on the other automakers
  • Meanwhile, the Big 3 have maintained their October incentives, signaling optimism about the ongoing strike.
  • Tyson Jominy, J.D. Power data and analytics vice president, said Monday about the presence of incentives "We're not in the room. We can't hear how the negotiations are going. But, as a sign, it just says that [it] seems like there's an expectation that the inventory on hand is sufficient for current demand levels."
• U.S. car dealers offering federal tax credits on new and used EV purchases can anticipate a 72-hour reimbursement from 2024, says the U.S. Treasury Department. This announcement follows new guidelines set by the Treasury and IRS, addressing dealers' concerns on the smooth implementation and swift government payback.
  • Starting in 2024, eligible EV buyers can transfer these credits to dealers for use as a down payment.
  • Dealers can register on the IRS Energy Credits Online portal this month. By January 1, registered dealers can submit EV sales data electronically and receive payments for transferred credits. This portal also facilitates time-of-sale reports and credit transfers
• Despite having the industry's slowest drive-thrus, Chick-fil-A continues to win the hearts of customers. A recent QSRmagazine survey found that while patrons might wait longer at Chick-fil-A's drive-thrus, the chain's unmatched accuracy, food quality, and exemplary service satisfaction more than make up for the extended wait times.

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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