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1st Gear: Well sales have been leveling off for the past year or two (at least slowing down) So there’s only one way of driving more profits.... Charging more or cheapening the product. Given that the prices seem to be a large issue, that only leaves one option...
2nd Gear: Good thing Sergio “died” last year
Back in high school I worked at Target. One of my fellow cashiers was probably in her 60s and seemed nice enough. Then, one day I show up to work and the police were taking her away. Apparently she was keeping a stack of gift cards at her cash register and scanning her cards rather than the customers, then after…
I can understand if they’re using the data to develop maps of the country for their autonomous systems, but I don’t like that they’re grabbing personal information from our phones. I wonder if Apple CarPlay blocks what the OEMs can see given Apple’s privacy policy.
Profit is the end goal, and often preach what you’re saying. But honestly, the gigafactory is a huge accomplishment towards that. It’s an enormous upfront cost to make, and now that it is up and running in the second largest economy in the world, it should start really reaping the benefits and hopefully driving up…
Correct, tariffs only apply to imported goods. Want to import something? Be prepared to pay the tariff. Anything made domestically is not taxed. Please note that tariffs are paid those who import the goods, not who is selling that import. i.e. Chinese importers would pay the Chinese government a tax to import a US…
You definitely not wrong. But on the other hand (albeit quite optimistic hand). When things become more economically viable, more and more money is poured into the development of those technologies. Look at natural gas for instance. The rising costs of the natural gas alternatives eventually paved the way for more…
The link you gave shows a 7.2% increase in 3Q sales between last year and this year. That quarter alone. If you look at the same chart just to the right, it shows a 2.17% increase in Year to Date sales, which is right in line with this story.
It says Year to Date sales are up 2.4% so... total old at this point last year vs total sold this year. So that accounts for the 3Q sales.
I’m feeling like the XT6 has something to do with this as uninspiring as it is.
They probably sold around 150,000 this year, so... a 3500 vehicle increase
The transformation from cool lifted hatchback to fast Buick Encore begins.
It does not affect Chinese car companies using only Chinese suppliers in terms of the price to produce those goods. But literally everything else not produced in China has had a price increase, whether it’s the substantially more expensive US products or the slightly more expensive products from countries they are now…
To be fair, EV’s still aren’t a huge part of the market and most of the EV’s that manufacturers produced for China were specifically for China. Without those subsidies they can’t sell them elsewhere. Also the EVs were required for OEMs to sell any other vehicles in the country. If China makes some changes they have to…
Yeah, it’s called autonomous vehicles. Automakers can make few vehicles and make much more per vehicle over the life of the vehicle by providing the service. Now they just have to figure out the technical challenges and a cost effective way to implement it.
Neutral: Weird Question but okay.
1962 Chevrolet Nova w/ 454
Revive the classic Nissan Patrol. Save the company.
Brand power is real. See Jeep. They’re not particularly good, but they sell.