Yep. .8% growth in a years time while most EV sales are profit losers is not a good look. If these were being sold at even break even, sales figures MIGHT be flat, but probably down YoY.

If current EV market is 8% and Tesla is less than 50% of that, I don’t think they are 5% of total sales, they are less than 4%.

I get it, just looks funny to see an indy car in what is essentially someone’s back yard shed.

Yea, I get that. Just saying that using the fine to AUM isn’t a great metric since banks aren’t usually making a ton off AUM in a normal rate environment. Looks like this bank, as I assume with most, makes most money off loans, but the last two years have been gangbusters in the interest on deposits sector.

“...United States production by more than 85% over the past 25 years, the report said, going from about 2.4 million to 4.9 million.”

Although I agree that this fine isn’t huge. It is 10% of their operating profit from 2023, so it isn’t exactly small. Bank assets are not a great measure of a banks value or even close to it.

Definitely not “one of the largest banks in the world” they are 22nd in the US and not even in the top 100 as far as assets go in the world.

Yep, the Yaris and 2 were essentially the same vehicle. Toyota has strong ties with Mazda and Subaru, not as much with Honda and Nissan. But most of the Japanese companies work together in some capacity. Toyota actually owns like 5% of Mazda too and Mazda owns a whole .25% of Toyota.

Yes, I can agree with that. Unfortunately, there is a lot of speculation and hopes in the stock market. DJT is just one of many companies with inflated Mcaps, Tesla being another one I would argue. 

I don’t think I am, since I can literally tell you how many cars were registered by every OEM down to a zip code including used car registrations. The OEM isn’t going to report on registrations since their job is done once it is delivered to a dealer, aka they get paid. But plenty of places do have this reporting.

How is this “unexpected”? Toyota and Mazda have had a few joint projects in the past and have signed a few agreements around sharing engine and Hybrid tech and they have a Joint Venture plant here in the US in Huntsville, AL where the CX-50 and Corolla Cross are both built and the CC has a hybrid... Seems very…

1st gear: This happens more than people know, but if they were then preferencing inventory based on people fudging numbers, that isn’t good. The problem here is proving that is hard to do as the OEM and regional office have ultimate power on allocations.

Errr, we have registration numbers readily available to us here in the auto industry. I can pull reports of every OEM and their registrations down to a zip code, including used cars.

I mean, it isn’t fraud, but also isn’t always a good indicator of the company and it’s actual value or ability to be a good company.

I guess, but if the end product is making a profit due to being undercharged on a component is it really a profit? Not sure why the battery companies wouldn’t be charging more for the most essential component on an EV. 

If the East River is a bit lower elevation, I would bet it is exactly due to the issue in this article. Combined sewer overflow goes right into the East River (I am not sure on this, but assume as much). In Philly it was mostly the Schuylkill that was an issue as the Delaware was much cleaner due to not have waste…

Yea and the Bmore harbor is “swimmable” too. But with the small caveat of “only if it hasn’t rained in the past week or so” due exactly to the problem in this article.

Yea, in a 500 mile race with a 78kWh battery you aren’t sniffing a race win against a current car. They would be lucky to only end 10 laps down, but probably more like 50+ down.

So, it isn’t only americans who blame all their problems and issues on others, good to know.

Yea, pretty much every major east coast city has this issue. I know Philly and Bmore do too, and I am sure NYC, Boston and pretty much every other one does. people tend to forget how old even our relatively “new” east coast cities are and all their infrastructure was based on old ass Euro cities since that was what…