Pumping Rates, Summer of Social Shorts, 3D Parts Printing, $920 Bugatti EV

The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier

A mix of seriousness and fun on today’s show as we talk about the current and future rate increases from the Fed, Facebook putting on some summer shorts, printing parts in parts to increase service speed, and an amazing little scooter.

• The Fed raised rates by .75 bringing the benchmark rate to over 1.5
  • Largest increase since 1994
  • All 18 officials at decision meeting agree that rates may need to be raised to 3.0 or even as high as 3.375 before the end of the year
  • Criticism growing of the trillions the Fed pumped into the market
  • Chair Jerome Powell says chances of slowing the economy enough to avoid recession are shrinking
  • Take away: If you haven’t fixed the roof yet, do it now. Efficiency will be the new game
• Facebook leaked memo reveals direction to make feed look more like Tiktok
  • “The Meta executive in charge of Facebook, Tom Alison, spelled out the plan: rather than prioritize posts from accounts people follow, Facebook’s main feed will, like TikTok, start heavily recommending posts regardless of where they come from.”
  • After years of separation, FB and Messenger will be merged back together to more closely resemble Tiktoks messaging feature
  • In related news, YouTube Shorts are topping 1.5B views per month
  • Take away: Give the people what they want…and what the platforms are pushing
• Is 3D parts printing in Fixed Ops departments on the horizon
  • Kurtis Wilde, parts manager at Murray Honda in Chilliwack, British Columbia talked to Auto News about the application of 3D printing in house for repair work citing vehicles that have been down for months over parts delays
  • Deployed properly, parts departments could produce the parts in minutes
  • IP rights are a factor in the rollout but is solvable
  • Also much opportunity for customization
  • Take away: Scarcity breeds innovation. Innovation is trouble. We like trouble.
• Costco is selling a Bugatti EV for $920 with no destination fees
  • Premium electric scooter with amazing specs
    • 18.5 mph, 242lb capacity, 20-25 mile range
    • Head light, brake light, turn signals
    • Premium packaging
  • Take away: We’re getting one.

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Hosts: Paul J Daly and Kyle Mountsier
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