It doesn’t have a radio – not even a touchscreen and it doesn’t even have paint but the stripped down new $20,000 electric Slate Truck is backed by Jeff Bezos and other big-name investors betting that forcing radio out of the dashboard to save consumers money will be a winner.
- As of now the AM Radio for Every Vehicle Act requiring all new cars to include AM radio at no extra cost has not yet passed Congress – the legislation remains stalled with no immediate vote scheduled.
- Loophole alert: Manufacturers producing fewer than 40,000 vehicles annually like Slate Auto would have a four-year compliance window from the rule's effective date – to incorporate AM radio into their vehicles unless they adjust their rollout schedule or the legislation does not pass.
- Ironically, the AM bill does not mandate FM.
Read the full article now
Recent Posts
- Beasley Risks Screwing Their Lenders
- Kelli Turner Unleashed
- iHeart’s Digital Shell Game
- Beasley’s Unproven AI Sales Bet
- Saga Savings Warning
- Townsquare’s Digital Ceiling
- What My Gen Z Students Told Me About Radio
- Radio’s Programmatic Pricing Gamble
- Nielsen’s Shrinking-Market Squeeze
- Redeploying Radio Salespeople