Ep. 142: Truist Take The Wheel: Cybertruck in Scottsdale

Eddi Zyko, Director of Automotive Investment Banking at Truist and John Possumato, CEO of DriveItAway join me for a quick drive to Starbucks (in the Cybertruck!) during Used Car Week in Scottsdale, AZ. During the drive, we talked about the hurdles auto dealers encounter in boosting EV sales, the ambiguous future of tax credits for EVs projected for 2025, and the critical role that information on monthly payments plays for prospective car buyers. We also talked about the dynamics between buyers and sellers within the car dealership M&A market, as well as the pressing need for innovative strategies to enhance both affordability and profitability in the industry. Press play on this episode if you want to learn more about the evolving challenges and opportunities within the automotive industry, including the push for electric vehicle sales and dealership market dynamics. (Beep beep. Zyko party of 6 coming through!)_______________________________Connect with Elena:https://evs4everyone.com/https://www.linkedin.com/in/elenaciccotelli/Let's talk on X:https://twitter.com/EVs_forEveryoneAre you connected with the show on LinkedIn? https://www.linkedin.com/company/the-evs-for-everyone-podcast/________________________Connect with Eddi Zyko on LinkedIn: http://linkedin.com/in/eddi-zyko-jr-7877935Connect with John Possumato on LinkedIn: http://linkedin.com/in/johnpossumato