In Wheel Time - Cartalk Radio

Buckle up for a high-octane exploration of automotive industry trends and challenges that are reshaping the market landscape. We dive deep into the alarming rise of "credit bust out" scams targeting dealerships, where criminals orchestrate the purchase of multiple vehicles through falsified loan applications before credit reports can catch up. One brazen example involved financing six vehicles worth $385,000 through five different lenders in just four days—a stark warning for dealers and lenders alike.The electric vehicle revolution faces a critical juncture as the $7,500 federal tax credit expires and California Governor Newsom reverses course on state subsidies. Major automakers, including GM, Toyota, and Volkswagen, are pushing back against aggressive emissions standards that would require up to 56% of new vehicles to be electric by 2032. The consensus among our hosts? Perhaps it's time for EVs to compete on their own merits without government assistance.Family drama takes center stage in Ma