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G. David Felt

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Everything posted by G. David Felt

  1. G. David Felt
    That makes sense if you sell a ton of specific models, but what if you have a few models that can be profitable but sell in such small numbers that it does not make sense to have an assembly plant in every country. Then you would not want that from a business standpoint and just import them. This is where we see a killing off of a wide diverse options in auto's as it does not make business sense to build every auto in every country. Sometimes importing is the better way to go in regards to giving consumers a wide choice to choose from.
  2. G. David Felt
    Having grown up and built race cars, I can respect and understand the sound vibration feel of an ICE auto, yet I also would love the much faster Star Wars sounding 600HP EV Mustang. I would take the EV over the ICE. Way past the maintenance of ICE auto's and ready for the lower maintenance of an EV auto.
  3. G. David Felt
    http://www.autonews.com/article/20180801/RETAIL01/180809976/july-us-auto-sales?AID=%2F20180801%2FRETAIL01%2F180809976 Good read on the industry, we have seen these numbers in what Will posted, but always good to review them again. It would seem that the Germans especially Daimler is leading the charge in Sales Incentives. One has to wonder what is going on in those companies.
  4. G. David Felt
    This is going to be a really interesting watch as Subaru I just read is one of the shortest on lot sits of any automaker. Subarus sit on average of 42 days before being sold in comparison to Fiat the longest of any dealership sitting on the lot for 6 months plus.
  5. G. David Felt
    So if your jeep was everything you have now, just an electric powertrain you would still stay with gas when you could charge at home much cheaper?
  6. G. David Felt
    Munich has dictated an end to diesel taxis by 2020 so the option will be gas only, hybrids or evs. Makes sense to get their Electric CUV into the market and show it can do duty in a demanding taxi market.
  7. G. David Felt
    Searched every Buick dealer in Washington state, found one Verano on the lot, otherwise it would seem the dealers here do a better job of managing inventory than the east coast.
  8. G. David Felt
    I totally forgot about this, but it was funny and cool all at the same time.
      • 1
      • Agree
  9. G. David Felt
    Anyone ever eat Veroni? Italian type of Salami looks and sounds yummy. Italian traditional cured meats at a much higher quality level than traditional cheap versions. http://www.philly.com/philly/business/veroni-italian-food-company-ham-prosciutto-mortadella-new-jersey-plant-20180807.html
  10. G. David Felt
    Story is a year old, but I have to say has some valid points made. https://www.cnbc.com/2017/04/25/cars-are-sitting-on-the-lot-longer-even-as-dealers-sweeten-the-offers.html They talk about how the average MSRP from all auto companies is now based on a 10.5% incentive level in the suggested retail price. This tells me that instead of selling a solid auto at a reasonable price, they are jacking up the price to then tear it down with huge incentive to artificially make one think they are getting a great deal. I would rather have them sell a few less auto's at higher ATP than be the volume leader.
  11. G. David Felt
    Seems I could get this data accurate up to the day, but that requires a $450 a year membership in NIADA. https://www.niada.com/
  12. G. David Felt
    This is the data as of 2016, I could not find any newer but it shows the average number of days in dealer inventory by segment, make and manufacturer. 2016-10-dtt.xls Would love to get a 2017 version to compare.
  13. G. David Felt
    Latest story on auto's that the American Public do not want. Dated April 17th 2018 https://247wallst.com/special-report/2018/04/17/cars-americans-dont-want-to-buy-3/ #15 Buick Envision Avg days on lot 161.8 #14 Cadillac ATS Avg days on lot 164.9 #13 Cadillac XTS Avg days on lot 165 #12 Buick Cascada Avg days on lot 167.3 #11 Hyundai Genesis Avg days on lot 169.2 #10 Cadillac CTS Avg days on lot 172.3 #9 Buick LaCrosse Avg days on lot 175.9 #8 Jeep Patroit Avg days on lot 176.0 #7 Buick Regal Avg days on lot 177.7 #6 Toyota Yaris Avg days on lot 178.4 #5 Nissan Quest Avg days on lot 185.1 #4 Chrysler 200 Avg days on lot 187.4 #3 Volkswagen CC Avg days on lot 189.4 #2 Dodge Dart Avg days on lot 207.8 #1 Buick Verano Avg days on lot 223.6 Buick was the top slow selling auto line in 2017. This they state is due to Americans having lost their love of sedans and coupes. Buick Envision is the only CUV on the top 15 list and they believe this is due to inventory issues based on a lack of diverse versions as the bulk of them are fully loaded high priced models that get large discounts at the end of the year. Interesting point made is that the Cadillac ATS is the only car to be on the list since 2015 and is a head scratcher as they say it is a superior driving machine compared to BMW. This was compiled based on 2017 data from Kelley Blue Book. They took the average number of days a model sat on the dealer's lot before being sold.
  14. G. David Felt
    That rocks Thanks for sharing.
  15. G. David Felt
    COOL Story of going 300mph on water, sadly it ended in a crash and death of the driver, but WOW. The Story here is that the daughter gave the rights to the boat to a museum that raised it up off the lake bottom and is restoring it. https://jalopnik.com/infamous-bluebird-jet-engined-speedboat-is-back-after-s-1828134184
  16. G. David Felt
    https://jalopnik.com/mysterious-ooze-claims-metro-detroit-street-as-its-home-1828132147 Found others that also reported on this. LOL
  17. G. David Felt
    Talk about a sexy Porsche Concept. I like this very much. Anyone got an extra million or so to buy it? https://www.goodingco.com/vehicle/1966-porsche-911-spyder/ WOW, talk about gross stuff in Detroit. Ooz coming up out of the ground. Wonder what it is and what the results will be?
  18. G. David Felt
    I get both sides of this coin, simplistic for politicians and the current administration that is confused by the way American as well as European and Asian auto companies are building and balancing the system. Then the OEM which wants the MPG to be put into static mode but keep everything else the same. OEM's will have to adjust if the current system is rolled back to be this simplistic system and that will really affect everyone to meet the MPG when they cannot use EV, Hybrid or any other alternative fuel such as the CNG/LNG trucks the OEMs make and use to offset the gas guzzling pickups. One does have to wonder why it would not be simplest to just freeze the MPG as the auto industry has asked till 2035 letting them get their alternative powertrain auto's out and get caught up. A pause would be good for all, but one has to wonder if this is also a way to reduce the headcount in government jobs?
  19. G. David Felt
    True and great info, my concern is the rapid growth of consumer debt. Latest data is showing that over the last 3 1/2 years we have seen a spike in consumer debt and I do not think it is reducing but growing. This is going to be an ugly correction again. https://www.marketwatch.com/story/one-sure-fire-prediction-for-2018-americans-will-take-on-even-more-debt-2017-12-18 Great Chart of National Debt to GDF and Major Events. https://www.thebalance.com/national-debt-by-year-compared-to-gdp-and-major-events-3306287 This tends to go along with those of us that believe a correction is coming.
  20. G. David Felt
    Sounds like a good time to push into a skateboard platform where you can easily change out the cab of the auto for what you need.
  21. G. David Felt
    OUCH, the Tariffs are going to really impact and keep some into older auto's longer. It is going to be very interesting to see the auto landscape at the end of the year here.
  22. G. David Felt
    http://www.thedrive.com/news/22659/the-electric-jaguar-i-pace-is-germanys-newest-taxi Seems Munich is wanting to clean up the air and as such, one of the largest taxi services just took delivery of 10 new iPace EVs to use and see how they do against the dominate taxi there, the Mercedes-benz E-Class taxi. Munich has acknowledged they have a noise, emission pollution problem that contributes to their acid rain problem and is hoping that new EV taxis can replace their massive diesel taxi fleet dominated by Mercedes-benz E-Class and BMW 5 series sedans.
  23. G. David Felt
    You are so right, just checked the local Seattle Mercedes-benz dealership, they had 20 2017 model cars, CUV and vans on their lot with discounts from 10K to 15K off. I think this is a global issue with things slowing down along with crazy MSRP pricing that is now forcing OEMs to have to do steep discounts. We are Due to have a realignment of pricing on everything as things have gotten way to crazy priced.
  24. G. David Felt
    Yet for those that want a deal and do not care about the latest tech in an auto, these are great deals to be had.
  25. G. David Felt
    For me, usually I see 3rd party places charging me the same cost that Napa or O'Reilly's would charge me as they already get a discount from those parts places buying it at wholesale. Yes some places charge a delivery fee, but for the most part, it should not be more than a few dollars off from you buying the part. If it is more than 1/3rd more than what you pay, they are what is called Keystoning their cost to double it and take a crazy profit.
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