1. EachPod

The Ace Sunk, Ford Out of Russia, and Selling with Social

Author
More Than Cars Media Network
Published
Wed 02 Mar 2022
Episode Link
None

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Automotive is as fast paced as ever! With new acquisitions, dealers navigating tricky sales pipelines, opportunities across media, and foreign relations all factors, keeping your head up is of utmost importance. We are in rapid fire mode today and that is only half of the excitement we have headed into NADA Show!

  • TradePending Acquires AutoAPR
  • Automotive Ventures DealerFund by Steve Greenfield
    • Multi-rooftop franchise dealers with capacity to embrace new technologies
    • Check out the Auto Intel Report
    • Will dealers push back on Carvana acquisition?
  • Minority Motors Clubhouse room reprise
  • Ford has now suspended ops in Russia
    • 22k vehicles produced there by an affiliate
      • Ford owns 50% stake in manufacturing facility
      • Made 100k donation to Ukraine relief
    • Also announces separate Divisions to run EV production
      • Separate names, leadership structures, and P&Ls
  • Felicity Ace is sunk
    • Took on water when towing began
    • About $438 million worth of goods were aboard the ship, $401 million of which were cars.

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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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