Today's Automotive Industry News


Top Twenty Anti-Retirement Action-ables to Keep Your Alive & Awake During the Day

Forget About Retiring-- and Find a Cause & Live

You may have been thinking & planning to Retire
Not any more but for reasons other than Covid 19
Here is a list of reasons NOT to Retire made 5 years ago
Some of the list may be somewhat remote --but
Most of the list, if acted upon, will keep you alive for 20 more

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Are You Lonely? How bout those you love?

Coronavirus Risks--How to alleviate & Reach out for others

What is driving loneliness in the U.S.?
How can we alleviate loneliness?. What can people do?
Here is an in-depth article on How you and your family can cope

So Your Plans for a Conference Have Been Cancelled — What Now?

What to do when your planned Conference is cancelled:

Here is what Conference Organizers & management are saying---

"We are going to be forced to reinvent, recover, and redefine so many things.
These are somewhat uncharted water in conferencing.
You must always prepare for the unexpected.
Rally amongst each other, and remain optimistic."

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How Do You Highlight the Frustration of Tampon Dispensers? Make Men Pay for Toilet Paper

Something Males Probably Never Talk or Know About

Not just because it is International Women’s Day
The mobile-activated tampon dispenser Hooha posted this.
Gets people talking about expanding, modernizing & simplifying access to tampons
This huge coin-operated toilet paper dispenser could be installed in a men’s restroom.
Video in the Link explains the idea and why the creators felt it was necessary

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How to Change Anyone’s Mind — Don’t Push

From the Book: The Catalyst: How to Change Anyone's Mind by Jonah Berger ( Published on March 10 )

How do you do it?
Overall: Remove barriers; Don't Push
Use Four action-ables to win people over:
1) Reduce Reactance (Make People feel in control)
2) Ease Endowment (People stick with what know)
3) Alleviate Uncertainty (Major Move)
4) Find Corroborating Evidence (Follow up with new info)
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Conference Planners Note: 7 Eco-Friendly Transportation Options for Meetings and Events

This posting is for Conference Planners, Executives, and those who realize the cost and focus required to get to a conference and then move about

You are encouraged to include and incorporate this means of transportation at your conference in the posted content for your forthcoming conference.

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20 Ridiculous Phrases You Should Immediately Stop Saying at Work [From Inc.]

Twenty phrases you should stop saying.

Here are 20 rather annoying phrases to consider deleting forever from the crevices of your mind. Ask yourself how often you use them, then try to catch yourself before you blurt one out.

"Think outside the box"
"Grab the low hanging fruit"
"Run it up the flagpole"
"This will only take a minute"
"Hit the ground running"
Get your ducks in a row"
"Back to the drawing board"
"Throw X under the bus"
"Get the ball rolling"
"That's above my pay grade"
"It's our policy"
"Pushing the envelope"
"Let's circle back around" "Take it to the next level"
"I don't have the bandwidth"
"Burning the candle at both ends"
"It is what it is"
"Lost track of time"
" Plenty of fish in the sea"
"Work smarter, not harder"


Note: This aggregated list is from Inc, Magazine for Attribution. _________________________________________________________________________________


Could a “Last Mile Strategy” by UPS & Fed X Stave Off Amazon as Competitor?

NOTE: This is sourced from "Last Thing" Posting in the Jan 20-20 issue of Business Week (Subscribe to get the one page article.

The Situation:

UPS and FedX got through the Holiday delivery challenge with some help from the impatient Amazon & some upgrading of their networks.
Fierce competition from & by the logistics channels and infrastructure for two delivery giants

What Seems to be missing?

Consider the adoption of a Last Mile Delivery Strategy;
Park the noisey, diesel belching,lumbering trucks blocks away
Off-load package on EV Cargo bikes for delivery to segmented nearby blocks.
Note: Electric cargo bike would stored or placed on the rear of the existing trucks.
Then the packages are delivered to the last mile on a bike from the back of the truck.
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Significant Potential Dealer Action-ables from 2019 Auto Reputation Report

Key Findings from the 2019 Auto Reputation Report:

Lexus has the highest average reputation score, along with the most consistent retail dealer body of locations pushing reputation scores above 700.
Lincoln is generating among the most favorable consumer sentiment in the industry.
Consumer review volumes are the greatest for Toyota retail dealers among all automotive brands.
The poorest response rate to consumer reviews in the industry is held by Tesla.
Top Dealer Groups include AutoNation and Hendrick; Ford and Lincoln represent 40% of the Top 100 Dealerships

NOTE: Buyers are using digital sources to conduct research and 60% of automotive-related searches are happening on mobile devices

GET the complete Report for your dealer team. _______________________________________________________________________________________________________________________________

Public perception finally agrees: Women are as Competent as Men

Here is what the Study revealed:

Public perception has finally caught up---Women are as competent as men — or even more so.

86 percent of those surveyed believed men and women were equally intelligent

9 percent believed women were more intelligent and 5 percent said men were smarter.

Study challenges traditional claims that stereotypes of women and men are fixed or rigid

Further, the Study joins others in finding stereotypes to be flexible to changes in social roles

In 2018, nearly 76 M women participated in the labor force or were nearly half (46.9%) of U. S. workers. See the original report on the Study,
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Retailing Leader, Walmart, Delivering Groceries with Level 4 Vehicle Plus Driver

Walmart is experimenting with monitored self driving delivery vans

Gatik’s self-driving Ford vans have started shuttling groceries for Walmart

The company received approval from the Arkansas Highway Commission to launch a commercial service with Walmart

Will be delivering customer online grocery orders from Walmart’s main warehouse to neighborhood stores.

Walmart is using this project to capture data that will help to learn how best to integrate autonomous vehicles.

See more details about how Walmart is preparing to add AV's to Delivery model.
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Solving the Logistics of Last Mile Strategy

The logistics of the Last Mile Delivery Strategy are still developing.
Will it be drones, Cargo bikes, or still lumbering diesel powered trucks going up & down streets?
Perhaps it will be AI [Artificial Intelligence] that will be programming all of this new logistics.
UPS, USPS.and FedX along with some disruptors are working to deliver faster & cheaper

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How New LIDAR Sensors Lets Autonomous Vehicles See More and Drive More Safely

You, too, Can Understand How LIDAR Works in Autonomous Vehicles

Here's what you will learn & Understand about LIDAR:

Making “Sense” of How Sensors Make Autonomous Vehicle Safe
How Laser Imaging Detection & Ranging (LIDAR) Sees & Senses
Why a New FMCW sensor (Frequency Modulated Continuous Wave
Making Safety Foremost in AV Design:

Take 5 and Click to better understand how Insight LiDAR’s ability to design the core components onto PICs enables low cost, scalable, and safe LIDAR systems. ____________________________________________________________________________________________________________

How Much of the Used Vehicle Market will Traditional Auto Auctions like Manheim be left with after Disruption?

Assessment & Analysis of the Current Used Vehicle Market by Michael Pochan, Lecturer, CEO, Software Engineer and professional educator with Carnegie Mellon credentials.

WHAT IS THE SITUATION?:

1) Auction Sales Volume Dropping as much as 40%:
2) Finding the Cars Customers Want online :
3) Auction Channel is Now migrating Online:
4) Mercedes Benz Credit selling off-lease vehicles directly online

WHAT TO DO ABOUT IT:
Be aware of trend & consider adopting online bidding & auctions.
Mecum Auctions & other auctions are taking on-phone bids also
Top 30% of UC dealers continue to find cars for customers online.

Franchise & Independent Dealers & UV buyers should take a minute & review the implications of the increase in online used vehicles sales. ______________________________________________________________________________________________________________________

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.
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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 _________________________________________________________________________________________________


How Blockchain Can Help to Avoid a Repeat of the Subprime Mortgage Crisis in the Auto Market

FOR AUTO SUB PRIME FINANCE COMPANIES AND FUNDERS:

This breakthrough automotive finance application of Blockchain technology may well be a major factor in preventing another sub prime automotive crisis.

It is imperative for the automotive finance community for credit unions to banks and captive finance companies to adopt this system & technology ASAP.

For those attending a forthcoming Digital Asset Conference and drilling down into this release is critical for auto subprime finance management
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AR/VR-as-a-Service Now Ready to Become a Leading Platform for Auto Industry, Dealers, and Car Buyers to Shop & Select a Vehicle.

Here are some of the breakthroughs in AR/VR as a Vehicle Sales Tool:

Why AR/VR is now a must in the Vehicle Sales Process:

Three Reasons-Consumer Adoption; Dealer Utilization; New Headsets:
The Time for this AR/VR Technology in Automotive Marketing is Now
Buyers able to view any make & model via phone & lightweight headset
Gain configuration options, change color & compare cars side by side.
Time Researching Reduced: 17 M cars are sold per year in the U.S.
Buyers spend an average 14 hours researching & shopping for a car.
Improving immersion/engagement for saves shopper time & drive sales.

Find out why & how AR/VR are going merge with AI & Change how vehicles are sold:
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Breakthrough: Open Source Blockchain Ecosystem Solution to Bring Transparency & Data Security to $2.8 T Pre-Owned Auto Industry

The Auto Finance Industry Problem:

The auto industry has long struggled with a lack of transparency and widespread information inaccuracies, from titling all the way through financing, Independent dealers, government agencies, including Departments of Motor Vehicles, insurers, financing companies and individuals.

There has been a lack of a standardized system that provides a reliable means of sharing and authenticating information such as vehicle information numbers (VIN), make, model, title, sales and service history.


Open source Blockchain operating system has been needed to power the consolidation of data on millions of vehicles to fight fraud and streamline auto information sharing

The Solution:

Fusion Foundation, a non-profit organization on a mission to build the ideal financial infrastructure, has been chosen by the Automotive eXchange Platform (AXP) to improve access to accurate consolidated data on millions of vehicles in the $2.8 trillion pre-owned automotive industry.

See, learn, and understand how this Blockchain Breakthrough will transform the entire Used Vehicle Market the next 3 years or less. ________________________________________________________________


Has Digital Media Killed Automotive Trade Publications or Have They Killed Themselves ?

Are Automotive Trade and Consumer Magazines, Publications, & Websites Killing Themselves?

Is the Digital Media Carnage coming into niche auto publishing models?
Is there too much media for so few auto industry advertisers?
Are automotive industry trade publications becoming irrelevant?
Is the auto trade publication trade business model unsustainable?
Can auto trade pubs keep accomplishing an unattainable media business?

See the Red in the "How Digital Media Killed Itself' article posted and consider.
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Solution To & For a Big Problem:
Dealerships Loaded With Unsold New Cars

The Industry Problem:
3.95 Million New Cars are in Inventory at Dealerships


The Dealer Solution:
Begin Immediate Transition to becoming a Total Transportation Center - No longer just a Dealership Selling & Servicing Cars
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BLACK BOOK & THE APPRAISAL LANE TEAM UP TO GIVE CONSUMERS THE TRADE-IN EXPERIENCE THEY REALLY WANT

Learn What Kills a Sale and Why?

How New Platform from The Appraisal Lane Solves the Customer Vehicle Valuation Problem

The Appraisal Lane Vehicle Appraisal process utilizes Black Book valuation data in conjunction with market insights and deep appraisal knowledge across all makes and models to assess each used vehicle on its own merit and provides consumers with the best possible cash offer.

How Data Science & Human Market Knowledge Combine to make Vehicle Appraisal More Accurate, Fair, & Profitable:

Black Book and The Appraisal Lane share the same fundamentals of combining data science with human touch to most accurately determine a vehicle’s value,” BlackBook values, coupled with The Appraisal Lane’s live cash offers, effectively put the dealership trade-in process right in the palm of a consumer’s hand.
Dealers that offer this experience are poised to improve prospect engagement, increase business, and stand apart from the competition.”

Study this PDF document for just how this breakthrough vehicle appraisal process works

Connected Cars: A Connected Vision -A Car History Reminder & Recap of Where We Are with Connectivity

Here is a Recap of the sections in this Timely Article on the Current State of Connected Cars & Technology

What's happened to transportation in last Century
The Market for Autonomous Vehicles by 2040
Adapting to Change in Transportation
Connected Cars Today
The Involvement of City Transportation Management
New Innovation Creating Options

Click and Invest the time to gain a current briefing and perspective on the current Connected Car History and Vision.


The Source and The Author: Percy Gendreau, CEO/Managing Director, Connected Strategy Advisors Percy brings 30+ years of experience in manufacturing/operations, management and optimization around the transportation and manufacturing sectors. His efforts help build and scale an OEM/Supplier vehicle launch collaboration platform. ________________________________________________________________________________


2019 Predictions Robotics & Automation by AI Industry Experts

See Robotics Business Review's Listing of the 2019 Predictions from Leaders in the Robotics Industry

Here are the Top Trends in Robotics for 2019:

The robotics industry continues to gear up for 2019 with expectations that it will be even bigger, faster, & more innovative.
You are encouraged to find and read Robotics Business Review in 2019
This is the leading edge publication for Robotics
It canvasses industry leaders across the robotics, automation, & artificial intelligence landscape

Check out Robotics Business Review
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More Hot News

Top Twenty Anti-Retirement Action-ables to Keep Your Alive & Awake During the Day

Are You Lonely? How bout those you love?

So Your Plans for a Conference Have Been Cancelled — What Now?

How Do You Highlight the Frustration of Tampon Dispensers? Make Men Pay for Toilet Paper

How to Change Anyone’s Mind — Don’t Push

Conference Planners Note: 7 Eco-Friendly Transportation Options for Meetings and Events

20 Ridiculous Phrases You Should Immediately Stop Saying at Work [From Inc.]

Could a “Last Mile Strategy” by UPS & Fed X Stave Off Amazon as Competitor?

Significant Potential Dealer Action-ables from 2019 Auto Reputation Report

Public perception finally agrees: Women are as Competent as Men

Retailing Leader, Walmart, Delivering Groceries with Level 4 Vehicle Plus Driver

Solving the Logistics of Last Mile Strategy

How New LIDAR Sensors Lets Autonomous Vehicles See More and Drive More Safely

How Much of the Used Vehicle Market will Traditional Auto Auctions like Manheim be left with after Disruption?

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

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

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

How Blockchain Can Help to Avoid a Repeat of the Subprime Mortgage Crisis in the Auto Market

AR/VR-as-a-Service Now Ready to Become a Leading Platform for Auto Industry, Dealers, and Car Buyers to Shop & Select a Vehicle.

Breakthrough: Open Source Blockchain Ecosystem Solution to Bring Transparency & Data Security to $2.8 T Pre-Owned Auto Industry

Has Digital Media Killed Automotive Trade Publications or Have They Killed Themselves ?

Solution To & For a Big Problem: Dealerships Loaded With Unsold New Cars

BLACK BOOK & THE APPRAISAL LANE TEAM UP TO GIVE CONSUMERS THE TRADE-IN EXPERIENCE THEY REALLY WANT

Connected Cars: A Connected Vision -A Car History Reminder & Recap of Where We Are with Connectivity

2019 Predictions Robotics & Automation by AI Industry Experts