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We’re celebrating our 200th Episode of the Automotive Troublemaker by….bringing you essential news and insights of course :). Today we talk about Ford keeping their off lease EVs, summarizing the Super Bowl of NFTs, and studying the first 90 days of a new hire.
- Ford stops customers from buying vehicles off lease
- All Ford Credit lessees will not be able to buy their vehicle off lease as of June 15 in 38 states. (Remaining 12 will be included by year’s end
- Customers will be able to ‘renew’ their lease into a new model
- Primary objective is to keep battery materials within the Ford ecosystem for recycling and being put into new vehicles
- Take Away: That’s one less used car per EV lease written by Ford Credit and one more reason to create a multitude of banking relationships
- NFT.NYC touts strong support for NFT marketing in the midst of crypto winter
- Different, but still optimistic, tone due to crypto markets being down over $2T
- Over 15,000 artists and enthusiasts attended including major musical acts like The Chainsmokers and Madonna
- While Crypto currency is about tendering payment, NFT’s are about building brand through community
- CEOs from Samsung, to Doodle (platform creating and selling more than $300M in NFTs), to OpenSea talked about brand application from the real world to the metaverse
- Take away: If you haven’t realized it yet, community is one of the strongest human instincts. NFT’s are just the conduit. You should keep learning about them. We guarantee that some of your staff is willing to teach you.
- Employers are putting a renewed emphasis on the 90 Day Rule
- In a high turnover environment, reducing “quick quits” is more important than ever
- Many companies offering post 90 day bonus incentives
- Carrier corp pairs new hires with a “buddy”
- Data shows that if someone stays for 90 days, they will likely stay at least one year
- One company in the article reduced turnover from 37% in January to 16% currently by implementing more intentional onboarding
- It’s all about connection to the company’s trajectory, people, and community
- Take away: A little more intentionality goes a long way in the first weeks
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Join Paul J Daly and Kyle Mountsier every morning for the Automotive State of the Union podcast as they connect the dots across car dealerships, retail trends, emerging tech like AI, and cultural shifts—bringing clarity, speed, and people-first insight to automotive leaders navigating a rapidly changing industry.
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