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G. David Felt

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Everything posted by G. David Felt

  1. Most Boomer do not want cars any more, much more easy to drag their old ass across the seats in a CUV.
  2. Here is the Escalade ESV I have. ?
  3. @riviera74 Seems GM sales for Jan to March are down 7% while Nissan sales are down 30%. As the numbers come in I think we will see a clearer picture. https://www.marketwatch.com/story/us-auto-sales-sink-in-q1-due-to-coronavirus-2020-04-01 Here is US sales for the last 4 months. https://tradingeconomics.com/united-states/total-vehicle-sales China Details are not in for march yet. but I changed it to just the last 4 months. https://tradingeconomics.com/china/total-vehicle-sales
  4. I am fine with their lineup and see no need for anything below the XT4. Buick serves the section below that.
  5. Took the SS in for service today at my Cadillac dealer and got a 2020 Escalade ESV as a loaner, only 1,185 miles on it. Have to say I love the interior color, the Mocha Brown with black dash. Disappointment was that I thought it had Android play and nope that comes in the 2021 model. Have become so used to it in my SS that not having it in the Caddy was a disappointment. Someone had traded in a cherry First generation Subaru STI with 16,000 miles on it. Was nice for such an old bug eye sports car. XT6 CUV's are everywhere there. They had 30 of them in their loaner fleet, another 15 were Escalades and I got the newest one since they had so many. I now wish I had taken the time to walk the lot and snap pictures as the used auto section was a who's who of the German CUV kind. It was very surprising to see so many German auto's there. The other auto that was there, 7 to be specific was the Italian Alfa Stelvio. All traded in early and when I asked the sales Manager who was there to close the CT6 V deal, he told me they were all being shipped out to wholesale as they just have way too many broken issues and reliability was terrible. They would rather deal with the BMW and Mercedes-Benz issues over Alfa. Makes me think that Alfa will end up in the grave again by 2025.
  6. WOW, Crazy when you look at the drop in China Sales for auto's. https://tradingeconomics.com/china/total-vehicle-sales Clearly this is going to hurt everyone big time. Time to look at stock investing for the recovery period.
  7. Updated News, we now have Honda and BMW closing down and laying off pretty much everyone that cannot work from home. https://www.autonews.com/manufacturing/nissan-honda-bmw-take-rare-step-unpaid-furloughs OUCH, this is gonna hurt major!
  8. China Matters to Tesla, major investor and they have already expanded to cover auto production with expansion to now also cover power train and now we have the latest news that Tesla is expanding again to cover in house parts production to reduce turn around time. https://www.reuters.com/article/us-tesla-china-idUSKBN20X0HN
  9. If the GV90 is full size, GV80 is midsize, then a GV70 is compact, might as well do a GV60 for sub-compact. That would then give them a full product portfolio of luxury CUVs as some here have said everyone should have. Personally, I think the 90, 80 and 70 is fine for 4 door CUV, then a 2 door CUV and that would be a solid product line.
  10. Thinking on this, if they sell what inventory there is now, sales might not pickup till September or later as they have to get the factories going again, then transport and finally on the lot and prepped to sell. Gonna be an interesting year.
  11. Right!!! My last sentence of my post was on this subject and it is totally ignored. To Quote Myself: Take the Hyundai Palisade and make both an ICE and EV luxury Genesis version and you will have a winner winner Steak Dinner. Fact is, they could do this and steal a ton of business for everyone.
  12. Does not matter how many models they state they are building. VW still DOES NOT MAKE what the bulk of America wants. They have not changed and as such will have little to NO IMPACT and that is sad. Just as Mercedes-Benz has not taken the EV segment serious for the US. Their first EV will go to badge snob's but over all will not gain traction as they are focused on compact and subcompact and again NOT what the bulk of America wants. Their focus is Europe and China.
  13. More Auto Lay offs as Nissan will lay off their 10,000 US workers due to Covid-19 at the Tennessee and Mississippi facilities. This also goes for their 6,000 strong work force in UK and 3,000 in Spain. Global production comes to a halt for Nissan. https://www.msn.com/en-us/money/topstocks/nissan-to-lay-off-10000-us-workers-at-tennessee-and-mississippi-facilities-nikkei/ar-BB12gpmO?li=BBnb7Kz
  14. Ninja fits ya Robert. Now in the second picture, is that the top of your head after all winter long now on the front of your face? ? JK, nice to see ya prepared.
  15. While most folks here know I am a big EV supporter, I DOUBT VW will gain much market share. The last time they had any noticable market gain was in the early 90's during their Fahrvergnügen marketing campaign where they actually connected with the US public. Since then, VW has Floundered any and all opportunities to increase market share as they approach the US the same way they do Europe and Asia and that FAILS as we are not them. Auto's are too small, the Sparse interiors while a favorite of many Tech employees, is not what the bulk of America wants and even now, Many Tech employees are more into their smartphones than an auto. The few of us Tech folks here are the exception not the norm. VW will not gain market share as their EV product line is focused on Europe / Asia and not America tastes. As such they will continue to be a Niche player. Rivian knows this and it is why they focused on the full size Pickup / SUV as the EVs to bring to market. BMW and Mercedes-Benz will FAIL also as long as they continue to focus on the wrong EV product for this Market. GENESIS could very well take market share from everyone if they bring out a mid size and bigger EV products at a decent price. As all of us are in agreement here, Genesis needs to have luxury CUV/SUVs now rather than cars. Take the Hyundai Palisade and make both an ICE and EV luxury Genesis version and you will have a winner winner Steak Dinner.
  16. Rightttttttt and that is why VW, BMW and MB are at the bottom of sales in the US compared to FORD, GM and FCA here. Yes they are leading sales in the rest of the world, here they are just peanuts.
  17. At least they are getting it out of the waterway to clean it up.
  18. I have seen this more and more by the Germans and it would infer that the Germans are going down the same path the old GM did. The all new BMW 2020 745e has the same funky Shifter GM started to use and was blasted for yet it is OK to use it in a German auto? This is the kind of crap @smk4565 has bitched about in US auto's and now we see it showing up in the German brands which will get a pass cause all things German are superior. https://www.greencarreports.com/news/1127704_first-drive-review-2020-bmw-745e-plug-in-hybrid-luxury-sedan-goes-your-own-way-all-so-posh So what does this have to do with Genesis, nothing really other than to point out Germans are using the same parts Cadillac used first and now it is OK to call it Luxury? In fact, this has plenty to do with Genesis and the luxury segment as the Asians do have a higher reliability than German auto's which is why the Germans had to go to offering all maintenance to keep their leasing machine going as no one in their right mind would buy one. I expect the Genesis to outlast the same year model of a german sedan.
  19. Great to see you back and posting @A Horse With No Name
  20. Crickets
  21. So first off, WHO THE FUCK CARES about Formula 1, Championship, LeMans, etc. The bulk of the people do NOT watch racing or care. Mercedes is already DATED!!!!, Blah brand style. You have NO FACTS of the actual Taxi Whore price spent on the plastic interior taxes and the real reason that the E-Class has been a taxi for so long is in Europe as long as you drive 150,000 kilometers a year, you can write off the price of the auto over 2 years. Yup 50% cost write off in year 1 and the other half in year 2 and the auto is worn out. The Taxi's are driven hard, put away wet and are pretty much worthless in 2 years and worn out. Ready for scrap. I will grant you that MB has a long life as Taxis. History shows that the founder thought taxi's were the logical use of Auto's and the first ones built in 1897. https://www.mercedes-benz.com/en/lifestyle/classic-magazine/daimler-motoren-gesellschaft-supplied-the-worlds-first-motorized-taxi/ The W123 being the model that was sold as a fleet auto till the W124 came out with the name E-Class in 1993. At this point the wiki pages say that MB had 80% of the Taxi market till subpar quality reduced it to 50% and allowed VW to catch up. Since then world wide Taxi share has gone to 60% due to MB Vito Taxi Van that is popular. MB web site and wiki both clearly state that the taxi versions are very different than the luxury version sold. As such, one can infer that the plastic interior with vinyl seats are sold much cheaper than the Luxury model they sell in the US. I could go on but will not bother since you cannot even compare apples to apples. Data supplied by the web site above and the following two wiki pages. https://en.wikipedia.org/wiki/Mercedes-Benz_taxicab https://en.wikipedia.org/wiki/Mercedes-Benz_E-Class In regards to GENESIS, and just about all other brands, I doubt Genesis wants to have a Taxi image as to why no one else goes after the taxi market. Value and higher ATP is clearly the focus.
  22. Crazy Cool that a Blown LT4 V8 can fit in there. Not sure how many are willing to spend that amount of money on a truck like this but I will say it is a very cool build. Hopefully GM will realize they are missing a segment. Thanks for posting Blu, That is cool!
  23. Lordstown motors released this video of testing of their Endurance Truck with in-wheel hub motors. Based on the following story, Lordstown motors still believes it can get it's truck into production in 2020 with delivery's starting shortly after that. I do wonder as they are going to be releasing at a time when Rivian, Ford and GM also release full size electric trucks. It will be interesting to see if they can assemble a truck that will pull buyers from the others. https://www.greencarreports.com/news/1127689_lordstown-endurance-electric-pickup-prototype-in-wheel-motor-goes-off-road Once Ford and GM have EV trucks, it will become harder for Tesla and Rivian to build and sell. At this point, Tesla will be their Rabid fan base and Rivian will sell to fans who currently have orders in and OEM to Amazon and Ford which will help them move towards profitability. I have to question if Lordstown motors can survive as the CEO is the same CEO who ran Workhorse and could not get their truck to market and now attempt 2 under a different name. Interesting times. Went out to their You Tube channel and now I have to say that this company will FAIL. https://www.youtube.com/channel/UCelaIxnWV99SrYtRRpW7-ZQ Their best video watched is the one above and it only has 8,220 views. All 4 videos posted have a combined viewing of less than 15,000 views. This one has less than 400. This one has less than 3,400 views. Their press event of the company is less than 1,400 views.
  24. First off Mercedes-Benz has whored out the E-Class at lower prices to dump and keep assembly lines going in Germany due to the craziness of the Union contracts, so the whore out the E-Class and sell a little of everything else into rental and then at high prices sell a marketed Luxury version. Cadillac, Genesis, Acura, Infinity, etc. have all chosen to NOT whore out a specific model and go after profitable sales which has allowed Cadillac while a much lower sales volume, a very high and profitable ATP. IN KEEPING THIS FOCUSED ON GENESIS G80 I am sure if they wanted, Genesis could whore out any of their models to rental, taxi or any other place to get many versions moved. Yet as has been learned from looking at the past, selling into the fleet business reduces auto value. G80 has clear style points pulled from all over the auto industry on the outside and some will like it, others will hate it and some will go Meh, and drive it if they have too. Interior is high quality and I suspect at the price point they sell the cars, they will win over converts. I know one already as my brother in-law who drove a BMW, then a Mercedes, then back to BMW went with Genesis. When asked why, he said the quality of the interior for the price point for what he sees as an appliance for getting from point A to B and back is far better than the cost both in purchase and maintenance of the German brands and he suspects will maintain a lower cost of ownership way longer than what he paid for in the European auto's. He is a CPA with his own firm and an investing firm with Boeing as one of his clients investing millions of their workers 401K contributions. He can easily afford any auto and yet he does not see any reason to pay for higher priced auto's than that and he has said that while he would love a lower maintenance cost EV sedan, he also in his mind cannot justify now their cost. He figures in 2 to 3 years enough should be out that he can then reduce ownership costs further by going EV but for now, the Genesis is the best value for the dollar in the luxury auto segment. Genesis wins.
  25. So like the Toyota and GM alliance that Toyota made profit on the re-badge of the Matrix, aka Pontiac Vibe. Maybe this time, Honda will fail if they do not have a true different style and GM will be the profit maker. Interesting times, Interesting
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