Hey everyone. CDG Recruiting has a vendor client looking for a world-class (remote) VP of Marketing with extensive experience in:
- B2B experiences
- Driving brand awareness
- Lead generation
- SEO / paid strategies
- Overseeing content creation
If you’re interested in this opportunity, email Steven or click here to inquire.
—CDG
1. Wholesale used car prices drop ahead of Fed rate decision
Driving the news: Wholesale used vehicle prices fell 0.2% in early September, defying the usual seasonal uptick. Larger vehicles like pickups and SUVs are seeing the steepest declines as affordability remains a key concern for buyers.
While August saw strong retail sales driven by Labor Day promotions, September’s early trends show a lower sales conversion rate, hinting that dealers are not rushing to auction.
As dealers navigate this shift, the Fed’s upcoming rate decision could introduce even more market uncertainty … Read more
2. Fisker walks back plans to charge drivers for recall costs
What’s happening: Fisker shocked customers by announcing they'd have to pay for labor costs on recalls, then quickly reversed course after backlash.
Initially, the bankrupt EV maker told owners they’d cover parts but not repairs, citing financial troubles.
Just two days later, they updated their FAQ, confirming that labor would now be free.
With five recalls in effect for the Ocean SUV, Fisker's ability to handle these fixes remains unclear, given its shaky financial situation … Read more
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DLRdmv – “The Dealer’s DMV”
3. Drivers more distracted with partially automated driving systems: study
Two IIHS studies show that automated driving systems may be doing the opposite of what they promise—encouraging drivers to pay less attention.
In both Volvo and Tesla vehicles, participants became more distracted over time, relying on the system’s alerts instead of staying focused on the road.
The intrigue: Drivers were even found manipulating the systems, anticipating when they could safely disengage … Read more
Have a tip for our editorial team? Send us your scoop at [email protected].
GM releases its approved NACS adapter, giving its drivers access to Tesla’s charging network.
Trump pledges tariffs and repeats claims of Chinese automakers building big Mexican factories.
Stellantis / Mercedes EV battery plant loses funding from Italy.
Norway’s “historic” milestone: BEVs outnumber gasoline cars.
Ram's first electric pickup will arrive in early 2025.
Thanks for reading everyone.
— CDG
