TOGETHER WITH

Between prepping for ASOTU CON, knocking out webinars, and pumping out podcasts, we are busy busy busy over here! But, we’ll never be too busy for YOU.

Know of someone in the industry being rad? Got some helpful insights that others just gotta know? Wanna offer some constructive criticism?

We’re only one click away. 📩

Keep Pushing Back Reply,

-Paul, Kyle, Chris & Kristi

TODAY’S LOT WALK

Reading time: 4 mins 25 secs

DEALERS

Granting Wishes

From cars to classrooms, Anderson Mazda of Lincoln has gone above and beyond to support their community and childhood education. 📚

This year, the dealership deployed Operation Clear Teacher Wishlists to fulfill teacher must-haves by delivering a trunk load of school supplies to various schools within their district.

By partnering with the Foundation for Lincoln Public Schools, Anderson Mazda was able to seamlessly direct the much-needed supplies and stipends to educators just in time for school to start.
 🧑‍🏫

Overall, the generosity of Anderson Mazda has touched the lives of over 150 teachers across the state, highlighting their dedication to making a positive impact beyond their own front doors.

/Positivity

We love sharing the stories of dealers partnering with their communities. If you have a story like that, send it our way! 🕊️

DATA & INSIGHT

MPG: Rated Vs. Actual

The Automobile Journalists Association of Canada   conducts   EcoRun annually, inviting automakers to showcase their most efficient models. This year, with a packed lineup of EVs and hybrids, the run revealed some brands are even underselling their efficiency!

Note: MPG measures gasoline vehicle efficiency. MPGe compares electric vehicle efficiency to gasoline's energy content. Both represent miles per energy unit.

🥇  Toyota Mirai

🥈  Honda Accord Hybrid

🥉  Honda CR-V

🕓 Mazda CX-5

5️⃣ Subaru Crosstrek Hybrid

🚂  Toyota RAV4 Prime

🪂  Ford Escape Hybrid

🥵  Hyundai Tucson Hybrid

🤖  Toyota Prius Prime

⚡️ Tesla Model 3

An extended breakdown of the complete list can be found here .

TOGETHER WITH AUTOMOTIVE VENTURES

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AROUND THE ASOTU-VERSE

40 Days!

BUSINESS

Chinese Exports

By year's end, China will surpass   Japan as the world's top auto exporter . In recent years the nation's exports jumped South Korea and Germany to claim the 2nd place.

Key factors? China's dominance in lithium-ion battery production and cost-effective EV production.

Moreover, global giants like Tesla and BMW have set up shop in China, yet local brands like Chery and SAIC still shine bright. EV sales are skyrocketing, with China cornering about 60% of the market.

VinFast Enters The Nasdaq

🚗🎉 Vietnam's VinFast is finally hitting the Nasdaq on Tuesday, flaunting a cool $23B valuation after its SPAC merger.

This move gives the company access to the global capital markets and puts them in direct competition with big names like Tesla. They seem prepared for the fight with a North Carolina factory opening soon. 🔌🚀

UPS Goes Pedal Power In NY

New York is set to welcome   four-wheeled electric cargo bikes – a game-changer for urban delivery. Common in Asia & Europe, these "bike vans" are eco-friendly alternatives to trucks.

Mayor Eric Adams champions this move for safety and sustainability , aiming to cut CO2 emissions and congested streets. The city is even considering widening bike lanes for them. 🚲📦🌆

We've seen some last-mile delivery services turning to EVs and electric bike development. We expected each to compete for existing ICE market share, but it seems they will also compete against one another.

Tesla’s Transaction Price Dips

🚗💨   Tesla's price cuts are working, but at what cost ? Data shows the average transaction cost this year is a 20% YOY drop at $54,660 in July — the lowest since April 2020.

Thanks to such generous cuts, the EV market saw prices dip nearly 18%. Interestingly, incentives for EVs also rose, nearly doubling standard vehicle incentives.🌍🔋💸

CULTURE

Guiseppe’s Garage

While most other 11-year-olds are playing with Hot Wheels, Guiseppe Iatarola is playing with full-sized hot rods. ⚙️🔩



The Pennsylvania tween, simply known as the " Car Kid," has transformed his passion for classic cars into a social media sensation. Running the show at " Giuseppe's Garage," he's not just racking up likes but imparting gearhead wisdom to thousands of followers. Bucking the influencer trend, Giuseppe is all about education, not clout. 🤓

Growing up in his family's auto body shop, Giuseppe's knack for engines began as soon as he was big enough to pick up a wrench. These days he's donning a slicked-back greaser look and custom mechanic's shirt to share trade secrets with a savvy well beyond his years. 🧰

Ultimately working towards a career in automotive engineering, Giuseppe is a testament that dreams fueled by support and elbow grease can propel even the youngest minds to excel. 🌟

Quick Hits

History