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We’re in the City of Brotherly Love this Thursday and are talking about ASOTU CON plans, the EU going all in on EV by 2035, the financial sense of an electric lifestyle, and Brad Pitt driving Formula 1

• EU lawmakers vote to ban sales of gasoline cars by 2035
  • “The auto industry plays a vital role in Europe's economy, accounting for 7% of gross domestic product and supporting 14.6 million jobs in the region.”
  • The proposal to allow only zero-emissions new cars to be sold in the 27-country European Union after 2035 will mean that cars with gasoline or diesel engines, including hybrids, will essentially mandate sales of all-electric models, which have no emissions.

• An electric car finally makes financial sense
  • “For instance, the Environmental Protection Agency estimates it will cost around $2,900 a year for the average American to fuel a 2022 BMW 430i sedan. (The base model 4-series sedan gets 28 miles per gallon in combined city and highway driving, and it uses Premium fuel, which the EPA calculates at a national average of about $5.39 a gallon.) The estimated cost to fuel a 2022 BMW i4 eDrive40, which is basically the same car but powered entirely by electricity, is about $600 for a year. That's one fifth the cost.”
  • “But, of course, you don't generally get a huge discount on fuel costs for nothing. The i4 costs about $10,000 more than the base model BMW 4-series with a gas engine, but the electric BMW i4 is also eligible for a $7,500 federal tax credit, reducing the ultimate price difference to just $2,500.”
  • Take Away: Educating your team on the cost difference between ICE and EV will help serve the questions all consumers are asking.

• Brad Pitt to star in Formula 1 movie on Apple
  • The 58-year-old Pitt will play an F1 driver who comes out of retirement to race alongside a rookie driver and other top drivers in the sport.
  • It won’t be Pitt’s first foray into the world of sports movies: He was a best-actor nominee for his role as Athletics general manager Billy Beane in the 2011 baseball drama “Moneyball.”

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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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