Buyers are choosing practical value over industry hype, and the shift is showing up everywhere from California registration data to UK used-car lots.

Today’s episode breaks down California hybrids beating full EVs, UK buyers chasing three- to four-year-old used cars, Rivian cutting capital spending while keeping delivery targets intact, dealerships losing $90 per day on invisible inventory, and GM building native AI around OnStar and vehicle hardware.

Today's Key Headlines

~California hybrids make up 22.1% of new-vehicle registrations versus 15.9% for full EVs

~Tesla Model Y remains California’s top seller with more than 54,000 units

~Three- to four-year-old vehicles account for 25.8% of UK used-car sales

~Rivian lowers capital spending guidance to $1.7 billion to $1.8 billion while targeting 65,000 to 70,00 ...