smk4565
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Everything posted by smk4565
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It for sure is due to lack of choices. I think the shape of the Bolt and Leaf hurt sales. If they were conventional sedans or crossovers they would sell better. I think that is why there is huge demand for the Model 3, it is a normal sedan, plus Tesla is gotta have brand. Plug in hybrids are a stop gap product, in 10 years the batteries will have 300 mile range and recharge in 10 minutes and weigh less than they do now, and at that point why bother with a plug in.
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On an A8, they might be okay with 300 a month, Mercedes is probably okay with 250 SL's per month because of the price point. On a $50k sedan like the RLX or Q70, they should just kill them off, 200 a month of those can't be very profitable. If these segments start to go away, the Mercedes and BMW sedans will be the last ones standing. They are 1 and 2 in all 3 segments.
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September 2017: Toyota Motor North America Inc.
smk4565 replied to William Maley's topic in Sales Figure Ticker
That's funny. Neither of those GM have 3 locking differentials, nor do they have the approach or departure angles or ground clearance or torque of a G-wagon. I wouldn't bet on any stock vehicle against a G-wagon, and the Range Rover or Wrangler would keep up with it until they broke.- 28 replies
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September 2017: Toyota Motor North America Inc.
smk4565 replied to William Maley's topic in Sales Figure Ticker
Because G-wagon sales were up 40% last month and up 11% year to date. 2017 will be the highest sales ever and there is an all new G-wagon next year.- 28 replies
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September 2017: Toyota Motor North America Inc.
smk4565 replied to William Maley's topic in Sales Figure Ticker
How on earth do they still make the Sequoia? I feel like it hasn't been updated since 2005 and even more surprising is they got 900 people to buy one. That is what I don't get about Toyota. They have crazy money, probably more cash than any other auto maker, they are relentless with updates to the Camry and Rav4, then you have the Sequioa that was born on the same day as dirt and even the Tundra and Tacomoa should be more competitive than they are. They can dominate in cars, but they can't upgrade the engines in their pickups, or put class leading interiors in there? And how did they con 3,000 people into a Lexus GX? That thing has a 301 hp 4.7 liter V8 or something like that, from a 2007 Tundra. Do those 3,000 people now have a Mercedes or BMW dealer near them?- 28 replies
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Yes the S-class was #1 seller in it's segment, and E-class was #1 in its segment. So what does that say for the rest of cars? The S and E class will be here for the long haul. Audi A6 too since they sell 200,000 a year in China, but when you look at global output of RLX, Q70, Lexus GS, CTS, Continental, those are some piss poor numbers, and a lot of those will go away, just as cars like the Monte Carlo, Solara, Avenger, and Sebring/200 went away when the market shifted.
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Sales: Sales Figure Ticker: September 2017
smk4565 replied to William Maley's topic in Sales Figure Ticker
Sergio is an idiot if you are a fan of the cars FCA makes. But the Angelli family is paying him to make money, not sell cars, and corporate raiding and selling off pieces is how to make quick cash to line the family pockets.- 12 replies
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Industry News: Welcome to the Era of Expensive, Luxury Trucks
smk4565 replied to William Maley's topic in Industry News
Those are real stats, E-class wagon buyers are loaded, which is a primary reason that they still make it. These are people that don't want a crossover, but want space and probably own wineries in California or are professors at Princeton and wear tweed jackets. A base Silverado is $28k but a High Country is $58k, so $40 seemed liked a reasonable middle to me. Since you brought it up I went to TrueCar, and it defaulted to a Silverado double cab LT 4x4 which an average price of $39,231. The F150 defaulted to an XLT SuperCrew with a 5.5 foot box for $34,911 with an MSRP of $42,350, there is a fire sale on those I guess.- 55 replies
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Either Renegade and Compass are stealing the Cherokee's thunder or the Cherokee is massively outclassed by the Rav4, CRV and Equinox, maybe both. I am surprised they still sell that many Chargers, even if a lot are fleet sales, 9,000 a month is still a lot for an old dated car, the Impala, Avalon and Taurus combined are probably selling that many.
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Industry News: Welcome to the Era of Expensive, Luxury Trucks
smk4565 replied to William Maley's topic in Industry News
The average household income for an S-class buyer is $325,000 a year ($371,000 according to Motor Trend 2013), $375,000 for an E-class wagon buyer and about $200,000 a year for E-class sedan buyer. And I found some numbers from 2012, average Silverado buyer had household income of $64,000 and $72,000 for the F150. The average full size pick up could easily be over $40k, so you are talking 2/3 the price of the truck is their annual salary. And on the HD and Super Duty with higher price that would go up even more.- 55 replies
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Industry News: Welcome to the Era of Expensive, Luxury Trucks
smk4565 replied to William Maley's topic in Industry News
I think in general a pick up truck buyer will over extend themselves to buy a truck more so than a luxury car buyer will. I would guess the 6-7 year loan is more common on pickups than luxury cars and the average home value of a pick up buyer way lower than a luxury car buyer and a big income difference. I am sure there are some that will spend more on a top end truck but I imagine 99% of F150 owners aren't going to trade up to a $85,000 truck it will be way out of their range. And these trucks still have solid rear axels, top speed of 110 mph, there isn't much engineering that needed done like there is on the big luxury sedans.- 55 replies
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Industry News: Welcome to the Era of Expensive, Luxury Trucks
smk4565 replied to William Maley's topic in Industry News
Agreed. I think the question is how much will truck buyers willing to spend and what do they want.- 55 replies
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The crossovers are going nuts and I wonder if Buick will still make a sedan in 2020. The Regal and Lacrosse are around 1,000 a month and they sold 27,000 Equinox. And the RAV4 sold 42,000 so you can argue the Equinox and Terrain have more room for growth.
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The GLE and GLS and G-wagon which in in their final model year are still going up, and the AMG GT, SL and SLC sold about 500 cars combined which is sort of sad that sports cars are dying. At least the SL will survive for another generation.
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Sales: Sales Figure Ticker: September 2017
smk4565 replied to William Maley's topic in Sales Figure Ticker
Alfa sales are still crap but Sergio will get paid by selling pieces of the company to make money. So that is what he is going to try to do.- 12 replies
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September 2017: Toyota Motor North America Inc.
smk4565 replied to William Maley's topic in Sales Figure Ticker
But it is a crossover therefor it sells. Although 3,000 a month isn't much by Toyota standards. 42,000 RAV4 is nuts. And the new Camry is up too. Toyota is smart they make like 5 vehicles and sell a ton of them.- 28 replies
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Sales: Sales Figure Ticker: September 2017
smk4565 replied to William Maley's topic in Sales Figure Ticker
Sergio must love seeing Alfa up 3000% while Dodge and Chrysler tank. Makes it easy to divert all resources to Alfa and shut down the sinking brands and then sell Alfa and Jeep as separate pieces and take a huge golden parachute.- 12 replies
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Industry News: Welcome to the Era of Expensive, Luxury Trucks
smk4565 replied to William Maley's topic in Industry News
Ford should build an F350 Lightning Raptor King Ranch Titanium Platinum Black Label and sell it for $149,999. Can't have too many trim levels of the same truck.- 55 replies
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Industry News: Welcome to the Era of Expensive, Luxury Trucks
smk4565 replied to William Maley's topic in Industry News
Very good point. And it is because you can only dress up a work truck F150 so much. The vehicle isn't designed in the first place with all that in mind. This is one reason the Escalade doesn't have a panoramic glass roof, while Range Rover and Mercedes GLS do.- 55 replies
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Lincolns make a good used car buy, the first owner was likely 70 and kept it in a garage 3 days a week, and what was $40,000 new is $13,000 after 4 years.
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I don't think Fuel Cells are going to catch on, car companies have tried it for 10 years now, no one wants it. Good to see them planning a lot of EV's, I don't think the Bolt's shape or a Cadillac wagon is the way to go, but if they build sedans and crossovers those will sell.
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There are probably a slew of Verano, Focus, Fusion, Malibu, Cruze for under $12k that are less than 5 years old. I saw 2012 Lincolns for $12k, so I am sure there are 2013 Buick and Chevy's for that price.
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I bought mine after depreciation hit it, and Mercedes as a brand is better than industry avg on depreciation. Chrysler is among the worst. And my original statement of $20k after 2 years is going to be right, there are 1 year old Pacificas selling for $24k right now.
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