Fueling Change: Oil Extraction in Alaska and California & Growing LA Traffic

Why watch and seek to act by view­ing this video:

Know that a “Rethink­ing of Our Fos­sil Fuel-Depen­dent Car Cul­ture” is a pri­or­i­ty for us all

Car cul­ture is a way of life in Los Ange­les. More specif­i­cal­ly, gas-pow­ered vehi­cle cul­ture.

There are near­ly 8 Mil­lion cars & trucks in LA and on the Free­ways

1 Mil­lion are vehi­cles being added every year to the traf­fic sit­u­a­tion

These vehi­cles con­tribute to 40% of Green­House Gas­es.

More than just trans­porta­tion for humans to get from point A to point B.

Cars have evolved into objects of cul­ture, pow­er, sta­tus, desire, image, & habit


Note: This PBS KCET doc­u­men­tary is a back­drop to the LA Chal­lenge ahead:

News You Need to Know

Unsold Vehicles hit Ten Year high in May — Panic or Price or Prepare?

Dealers and Used Vehicle Marketers Becoming Alarmed by Rising Inventories

The high number of unsold vehicles across the industry retreated slightly, but
78-day supply was the highest number for summer selling season since reached 85 days in 2009.
Half of the total unsold cars and light trucks in May were either General Motors, Ford or FCA

See, Ingest, and act on the stats and content of the Automotive News industry alert. ____________________________________________________________________________________________

Tell Me Again Why New Car Buying Can’t Be Online

Current Car Buying Process is in Peril

87% of Americans dislike something about car shopping at dealerships
61% feel they’re taken advantage of while there.
86 % of car shoppers conduct online research before visiting a dealership
Vehicle buyers are increasingly seek to accomplish entire purchase online.
Reality: Consumers have no choice but go to a Dealership.And they don’t like it.
Dealers need to do more to work with buyers who seek to buy on line
Traditional dealer business model could be in peril

See positioning & recommended action-ables from Mike Pochan, Founder of LeaseTek and respected automotive industry leader and analyst _________________________________________________________________________

Red Alert: Will AI & Big Data Cause Another Auto Lending Meltdown in the Next Year Propelled by Asset Based Securities Abuse?

THE CRITICAL SITUATION:

Banks and Financial Institutions seem poised to re-create the lending Meltdown of 2008 via a renewed abuse of Asset Backed Securities (ABSs)

This Distilled Analysis by Mike Pochan, Industry Analyst & Auto Finance Entrepreneur is alarming

Mike proposes a Need for Auto Finance companies and the Industry to ACT with speed and decisiveness.

ACTION-ABLES:WHAT TO DO ABOUT IT:

Keep it simple;
Stop securitizing Sub-prime Credit.
Set aside bigger Loss Reserves.
The mathematics of the securitization process amplifies losses.
Realize that we may be too late.

Click & capture the auto funding stats and the core strategic and operational action-ables in this exclusive analysis and assessment _________________________________________________________________________________________________
View All

Upcoming Industry Events

View All

Industry People

Jan ThompsonSenior vice president of marketingZoyte USA-HAAH Automotive Holdings, - 12/31/1969

Zotye, is the Chinese automaker with plans to launch retail operations in the United States in late 2020, has added one of the industry's most respected marketing veterans to its leadership team.

Jan Thompson has been named senior vice president of marketing for Zotye USA and its parent company, HAAH Automotive Holdings, which is headquartered in Lake Forest, Calif.

Thompson, named one of Automotive News' 100 Leading Women in the North American Auto Industry in 2005 and 2010, has led marketing activities at Mazda, Toyota and Nissan in North America. She also has been executive vice president of Omnicon Group and vice president of Advanstar Communications Inc.

She most recently was Ipsos' senior vice president, North America lead, and she will remain on the board of directors at Auto Web, an automotive media and marketing services company in Irvine, Calif.
Her appointment is effective March 1, HAAH said in a statement.
View All

Weekly Industry News Poll

Should Car Owners & Fleets Pay More Gas Tax to Fix Roads & Bridges

View Results

Loading ... Loading ...

Disruptors: Startup News

View All

Industry News That Matters

View All

Press Releases

View All

Smart Charts

View All

Significant Blogs, Books, & Best of Print

View All

Studies and Reports

View All

Whitepapers

View All

How-To By The Experts

View All

Test Drives

View All