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The last day of February is full of surprises as we review the 2022 Automotive Loyalty awards, talk about Fiskers plans for the year, talk with AI on SNAP, and let Nintendo gamify our sleep.
- GM wins the top spot in S&P Global Mobility’s 2022 Automotive Loyalty Awards while Tesla passes Ford for the first time ever
- As inventory levels continue to rise, GM was able to grab the top spot of overall loyalty to manufacturer as Tesla took the crown for ‘Overall loyalty to Make” from Ford who has held it for the last decade
- Tesla also claimed the top spot in:
- Ethnic Market Loyalty to Make, Most Improved Make Loyalty, Highest Conquest Percentage, Alternative Powertrain Loyalty to Make
- Subaru made our friend, Tom Doll, and all of their Retailers proud as they took home the “Overall loyalty to Dealer” award. Maybe they can rename it now.
- The stock price of new entrant EV maker Fisker jumped 30% yesterday as they announced their projection to produce 42,400 vehicles in 2023 with their manufacturing partner Magna International’s Austrian Division
- An analyst from ‘Raymond James’ named Pavel Molchanov said the stock bump was "a classic example of a relief rally," adding, "I think there were some fears that the production startup of the sport utility vehicle Ocean was getting delayed."
- CEO Henrik Fisker said they are ready to begin producing 20 cars per day with a ‘strong’ ramp in Q2
- Its Ocean SUV is very competitively priced at $37,499. Tesla’s Model Y $54,990 after recent price cuts. Rivian Automotive Inc's R1S SUV costs around $78,000.
- Thus far, Fisker has produced a total of 56 vehicles
- Snapchat introduces its AI integration that will allow users to integrate regular life conversation habits with AI says CEO Evan Spiegel
- “The big idea is that in addition to talking to our friends and family every day, we’re going to talk to AI every day,” he says. “And this is something we’re well positioned to do as a messaging service.”
- Only available to 3.99/mo paid subscribers and will be pinned to the apps chat tab above conversations
- Has been trained by SNAP employees to avoid explicit content and politics
- Snap is one of the first clients of OpenAI’s new enterprise tier called Foundry, which lets companies run its latest GPT-3.5 model with dedicated compute designed for large workloads
- SNAP has a total monthly user base of 750 million
- Relax, it’s finally here. The new app from Nintendo that is designed to help you gamify…er…track your sleep, Pokemon Sleep. The new smartphone app and optional external device that looks like a
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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