Everything posted by riviera74
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SEC Sues Elon Musk Over Securities Fraud, Wants Him Barred As CEO
Elon should NOT have sent that tweet. Better to buy the stock than actually talk about buying the stock.
- Industry News: Why President Trump's Dream Of Selling More U.S. Cars In Japan Isn't Going To Happen
- Lincoln News: Lincoln's Used-Car Subscription Program Not Doing So Well
- Audi News: Rumorpile: Audi To Resurrect Horch For A Top-Line A8
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Industry News: Demand for Used Cars is Rising
This is no surprise at all. When leasing new and buying used is a total norm as opposed to an exception, something is very very wrong here. New car prices could stand an across the board 25% price cut. Too bad no automaker will actually make a $10K new car since there seems to be too little profit in that.
- Tesla Finds Itself Under Investigation By the Justice Department
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Genesis News: 2019 Genesis G70 To Start From $35,895
Brands have been a thing for over a century. Badge snobbery is simply an extension of brand loyalty. The Genesis line may well be the steal of the luxury market, but most people will not see the value of near-MB/BMW/Audi for Buick/Acura pricing. A LOT of people still see the badge and still think as if it were 1999 or at least 2009. The problem is simple: NO body gets a second chance to make a first impression. Period. If Hyundai were smart, they would have studied how Toyota turned their JDM flagship into the Lexus LS400 and sold it here in 1990 and followed that formula. If Hyundai were really smart, the Genesis G90 would have been here first and then the G80 and G70 with no cheap Hyundai sedans to mess with our pretty little American heads. This is the price for starting cheap and THEN going upmarket.
- Infiniti News: Infiniti Drops Q50 Hybrid For 2019 Model Year
- Lincoln News: Lincoln MKT To Live On As A Livery Special
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Cadillac News: Cadillac Making Some Changes To The V-Series
The First Generation SRX WAS a rear-drive CUV and few people bought it. Once Cadillac switched to FWD, the SRX exploded in sales. The XT5 continues in that trajectory. Few buyers want a RWD CUV; not that many buyers want a RWD BOF SUV. If you believe that an V-series Escalade will sell, somebody will have to make that case. I do not believe the sales will be there to justify that trim level.
- Lincoln News: Lincoln MKT To Live On As A Livery Special
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Genesis News: 2019 Genesis G70 To Start From $35,895
Given Japan's occupation of China (and other wartime atrocities), Chinese customers are right to be wary of buying anything Japanese. Indeed, I wonder why Toyota and Honda and Nissan sell any cars in China in the first place. As for the Genesis G70, that car (along with the Kia Stinger) are simply the second-generation Hyundai Genesis coupe (with more and better features). Badge snobs will always buy German because they wish to impress their friends (and some of them like German cars). But the notion that German cars are perfect and all others tremble is simply not true at all. If that were true, then why do Lexus and Infiniti exist at all? Why has Cadillac survived from its cratering of 20-30 years ago to its current rise up the respect and sales charts? If German cars were so perfect and completely dominated luxury sales, then why do Lincoln (barely) and Acura hang on for dear life? Multiple luxury marques would be as dead as Oldsmobile if that were true.
- Genesis News: 2019 Genesis G70 To Start From $35,895
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Cadillac News: Cadillac Making Some Changes To The V-Series
I guess when Americans have a love for sedans like back in the 1980s and 1990s, then Cadillac will sell more than a few thousand V-series sedans.
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Chrysler News: Rumorpile: Chrysler 300 To Disappear in 2020, Replaced By Electric Minivan
I could think of a lot of families who might like an EV minivan. Now if Chrysler extended that platform to include CUVs, they could pull out of that sad spiral they have been in for a while now. As for the end of the 300, sad but inevitable I guess. The platform is really old and they have not improved the car much in the last five years at least.
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Industry News: Why New Car Prices Are Expected To Rise Next Year
Since the USA does not have the capacity to make as much steel and aluminum as it did back in 1970, the tariffs are all bad for anyone who does not own a steel or aluminum mill (or those who work there). Apparently the president thinks he can bring back the 1950s economically speaking. No one told him that tariffs are a bad idea period. NO one told him that inflation is bad too.
- Fiat News: Rumorpile: FCA To Switch from V6 to Straight-Six Engine
- Tesla Finds Itself Under Investigation By the Justice Department
- Audi News: 2019 Audi e-tron Joins the Electric Car Fray
- Industry News: Lucid Motors and Saudi Arabia's PIF Sign An Investment Agreement
- Ram News: Rumorpile: Toledo Plant To Be Home To New Ram Midsize Truck
- Cadillac News: Cadillac Puts Diesel Development on the Back Burner
- BMW News: BMW Vision iNext Puts A Very Bold Face Forward
- VW News: Volkswagen's Electric Car Dreams Are Going To Be A Bit More Expensive
- Lexus News: Lexus Announces Complete Lease Subscription Program