Top 5 most dangerous vehicles, massive GM recall, VW ramps up Rivian investment

Hey everyone. CDG Recruiting has a large dealer client looking for a Platform Controller to oversee multiple rooftops in the Midwest.

Key experience:

- 5+ years of overseeing several high-volume stores
- Stable track record
- High-level accounting knowledge/background
- Leading large team in a fast-paced environment

If you’re interested in this opportunity, email Steven or click here to inquire.

— CDG

Top 5 brands with the HIGHEST days' supply of new inventory:

Jaguar: 195 (!)
Volvo: 192 (!)
Lincoln: 186
MINI: 183
Ram: 179

Fun fact… Volvo and Jaguar are roughly 6X more oversupplied (relative to demand) compared to Toyota and Lexus, and roughly 4X more than Kia and Honda.

Metal needs to be moved.

(Data source: CarEdge)

1. The top five most dangerous vehicles — study

Vehicle safety features may be advancing, but some models remain dangerously behind the curve.

Despite innovations in design and technology, new data reveals that a handful of popular cars and SUVs have fatality rates significantly higher than the national average.

According to the Insurance Institute for Highway Safety and iSeeCars, models like the Hyundai Venue, Chevy Corvette, and Honda CR-V Hybrid are topping the list of vehicles with disproportionately high fatality rates … (Go deeper: 4 min. read)

2. GM recalls nearly 462,000 diesel trucks and SUVs

GM is recalling a wide range of diesel-powered SUVs and trucks due to a transmission defect that could cause rear-wheel lockup — especially dangerous when towing heavy loads.

GM will provide a free software update to help monitor and prevent the issue by limiting shifts if wear is detected.

The recall includes a stop-sale order, impacting both new and certified pre-owned units until repairs are completed … (Go deeper: 2 min. read)

In today's automotive landscape, car buyers invest more time than ever in researching, considering, and comparing options. But for dealers, the challenge lies in pinpointing the audience ready to make a purchase.

Enter Premier by Edmunds.

Premier offers dealers a groundbreaking way to connect with in-market car shoppers precisely when, where, and how they prefer. With over 20 million monthly visits, Edmunds.com is the go-to destination for buyers seeking market insights, expert advice, and budget tools to make informed decisions.

Through Edmunds Premier, dealers gain access to this highly coveted audience. Simply list your new and used inventory on Edmunds, and watch as qualified, in-market traffic flows directly to your vehicle detail pages on your website.

Don't miss out on this opportunity to elevate your dealership's visibility and sales performance. You can sign up for Premier today at Edmunds.com/CDG.

3. Volkswagen ramps up Rivian investment to $5.8B — if the EV startup delivers

Volkswagen Group is upping its investment in Rivian, committing a potential $5.8 billion over the next few years — if the EV startup can meet some ambitious benchmarks.

Under the deal, Rivian could see a $1 billion equity boost in 2025 if it hits specific profitability goals, with further funding tied to successful tech tests in 2026 and production milestones in 2027.

By 2028, VW will fund the lion’s share of platform costs for their joint venture, with Rivian benefiting from reduced costs starting in 2029 … (Go deeper: 3 min. read)

• Kia sees near-term market challenges but sticks to 1.6 million annual EV sales target by 2030.

• EV registrations rise 1.3% in September even as Tesla, Rivian lag market.

• Geely moves to further integrate its automotive brands.

• BYD will challenge Hyundai and Kia with low-cost EVs launching in South Korea.

• Qualcomm’s automotive business hits high gears.

Thanks for reading everyone.

— CDG