New car days' supply climbs, UAW Chief blasts Trump, big moves in the autotech space

Hey everyone. Got a larger-than-life guest today on the Car Dealership Podcast.

500,000 salespeople trained. 3+ million followers. 1 FBI investigation.

That’s right. I cover it all with Andy Elliott – the master of reinvention. Today, Andy and I discuss his journey in the car business, how it formed his unique take on leadership, and what makes a strong sales team. Listen here.

— CDG

1. Inventory stabilizes in July, but days' supply skyrockets

New vehicle inventory saw a brief surge in July, reaching a three-year high before quickly retreating as the impact of the CDK Global outage faded.

While overall inventory levels have been steadily climbing, the picture is far from uniform.

Asian automakers continue to manage tight supplies, while Stellantis grapples with a surplus that has dragged down sales … Read more

2. UAW's Fain criticizes Trump on EV stance after Harris endorsement

United Auto Workers (UAW) chief Shawn Fain recently called out Donald Trump’s flip-flopping on EVs, just days after endorsing Vice President Kamala Harris.

The UAW's influence has waned in recent years, but a big contract win in 2023 has brought some of its power back.

With the union now backing Harris, it could have a meaningful impact on voter sentiment … Read more

Connecting world-class talent with top-notch companies in Automotive.

Great career opportunities are hard to find. We make it easier. Search through open roles or submit your resume confidentially on the CDG Jobs Board. Best part? It’s 100% free.

Here are some standouts for anyone looking for their next move.

• DSMA is on the hunt for an automotive M&A associate who can work remotely.

• Edmunds is looking for an account executive in Seattle.

• Braman Miami is seeking an experienced auto technician to work on Hyundai models.

3. Reynolds acquires fleet management company, Carketa raises $4 mil, Lyft co-founder joins VC firm

From the way cars are built, bought, and driven, the automotive industry is being reshaped at breakneck speed.

Here are a few of the recent major auto tech developments including acquisitions, funding, and partnerships … Read more

• Harris' VP pick Tim Walz scolded Ford in the past for cutting corners.

• Electrified vehicles make up 50% of China's July car sales.

• BMW updating software for 100,000+ vehicles due to starter motor issues.

• ChargePoint showcases a one-size-fits-all EV charging solution.

• Ram hoping to ramp up its commercial fleet business.

Thanks for reading everyone.

— CDG