Lane Automotive’s Post

I was fortunate enough to be a guest of the US Chamber of Commerce last week for Mary Barra’s fireside chat hosted by the Economic Club of Washington DC. As a leader in our industry, when Ms. Barra has something to say, people listen, and when she does, it will very often make news. That was the case last week. Here are some highlights: Labor: · Recent labor agreements will lead to an average of 500 to 575 additional dollars in cost per vehicle sold · The company will look towards driving efficiency in other areas to limit the impact of these costs · She noted that other non-union OEMs in right-to-work states were also increasing wages which would lessen the competitive impact Supply Chain: · The microchip shortage issue is largely over · GM has designed a strategy to limit themselves to three families of semiconductors which will have sub-products within them · This will be implemented in 2026, and will help reduce supply risk and drive efficiency Return to Europe: · After divesting Opel as part of the financial crisis, Barra indicated that GM will return to Europe in a limited way, most likely with EVs and/or premium products like the Escalade and Corvette Competition: · She emphasized the importance of domestic manufacturing in a number of areas including, jobs, research and development, innovation, supply chain diversity, and national security · She noted there were 100 domestic EV manufacturers in China ZEV: · She acknowledged manufacturing issues prevented the company from producing as many EVs as they had wanted in 2023 · Any government mandates must be attainable and supported by customer demand as well as charging infrastructure · She expects all vehicles to zero emission within 25 years AV: ·  Any issues with AV's aren't so much technological, but rather regulatory · She admitted that GM’s AV division could have worked more closely with regulators and in a more transparent manner earlier this year · Level 4 autonomy is likely within the next 10 years · Autonomy has the potential to reignite the original promise of personal vehicles—namely, freedom GM: · Views General Motors as a vehicle manufacturing but also a vehicle software company · She recognizes the auto industry is very much in the “fashion business” Watch the full session below. 

Excited to have Manny Fernandez kick off the Latino Corporate Directors Association (LCDA) panel discussion on Navigating the 2024 Economic Outlook at Toyota Motor Corporation in DFW! 🚀 Follow us as we delve into key insights and strategies for the future. 🌟 #LatinoLeaders #LCDAConvening #Corpgov #EconomicOutlook #2024Trends #BusinessLeadership

Curious to learn more about what Holman does and the extensive range of services we offer? Check out this video featuring Trip O'Neil, Holman's Vice President of Strategic Services, as he breaks down the various divisions within our company, including our founding division, retail automotive! To learn more, check out the full video here: https://brnw.ch/21wHpyS

Looking ahead 💡 Mike Todd, CEO of VWFS discusses: •Our highlights for 2023 •What to expect in 2024 •What Mike is most excited for in 2024

What an excellent way to kickoff Automotive Training Institute's SuperConference 2024, David Avrin! "Becoming Ridiculously Easy to Do Business With" is exactly the headspace of our company right now. You asked, "If your customers could wave a magic wand, what would they change?" Reflecting on that question, we're taking a step back to walk our own customer journey at Lee Myles Auto Care & Transmissions in Southeast PA. This month's goal: Map out the CX step by step and self-identify the pain points for our customers. There is undoubtedly a good deal of friction we could remove in order to give our customers an even more convenient experience and claim our title as the "safest choice" in our market. 6-Month goal: Set up a Customer Advisory Board and ask THEM! Our Company's Mission is "Making Lives Better." We're excited to figure out how many more ways we can enhance our customers' lives! Thank you for the jumpstart!

Dwain Samuels, our Director of Sales and Data Licensing found his passion for the automotive industry early on. His journey through the industry fuels his dedication today and he is a vital part of the Canadian Black Book team. #AutomotiveInspiration #DrivingSuccess #Sales #LeadershipJourney #AutoIndustry #InnovationDriven #CanadianBlackBook

GRN Birmingham had a busy month connecting professionals in the manufacturing and automotive industries. Our recent successes have been exciting and we are eager to share them with our network. If you are interested in exploring mutually beneficial opportunities within these industries, let's connect and have a conversation. #manufacturingcareers #automotivecareers #executivesearch

What an excellent way to kickoff Automotive Training Institute's SuperConference 2024, David Avrin! "Becoming Ridiculously Easy to Do Business With" is exactly the headspace of our company right now. You asked, "If your customers could wave a magic wand, what would they change?" Reflecting on that question, we're taking a step back to walk our own customer journey at Lee Myles Auto Care & Transmissions in Southeast PA. This month's goal: Map out the CX step by step and self-identify the pain points for our customers. There is undoubtedly a good deal of friction we could remove in order to give our customers an even more convenient experience and claim our title as the "safest choice" in our market. 6-Month goal: Set up a Customer Advisory Board and ask THEM! Our Company's Mission is "Making Lives Better." We're excited to figure out how many more ways we can enhance our customers' lives! Thank you for the jumpstart!

In the News: Gov. Kay Ivey: Unions want to target one of Alabama’s crown jewel industries, automotive manufacturing 🌟 Discover the latest in the world of FDI and Business! Check out this insightful piece. 💡🌍 September 30, 1993, marked a watershed moment in Alabama history. That is the day Mercedes-Benz went against the grain and chose our state to be the home of their first U.S. manufacturing facility. It was a decision that changed the future of our state like no one could have imagined. Fast forward more than thirty […] 🔗 [Learn more: https://lnkd.in/gCFpPXP3] 🗨️ Join the Discussion! Your opinions are invaluable. #Comment below to share your views, ask questions, or start a conversation. We're excited to engage with each comment and hear what you think! Join as a Partner and Professional: FDI Alliance: www.fdialliance.com Valqus Accounting and Business: www.valqus.com #FDI #Invest #Trade #TradeandInvest #InvestmentPromotion #Markets #Business #Accounting