CHANGE: Tesla Hits Delivery Threshold for Juicy Federal Tax Credit. Tesla Motors announced Thursday that it officially reached 200,000 deliveries this month, which is good news in terms of overall sales. But the figure also means the company has surpassed the …
http://ir.tesla.com/news-releases/news-release-details/tesla-q2-2018-vehicle-production-and-deliveries Interesting bits: Q2 deliveries totaled 40,740 vehicles, of which 18,440 were Model 3, 10,930 were Model S, and 11,370 were Model X. 11,166 Model 3 vehicles and 3,892 Model S and X vehicles were in transit to customers at …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Wolf Richter with Jim Goddard on This Week in Money: A wide ranging interview on the auto industry.
Authored by Mick Shedlock via MishTalk, The average size of a loan for a new car in the U.S. set a record in the first quarter as did the average payment. Database firm Experian notes U.S. Monthly Auto Payments Reach Record …
by WARREN MOSLER Another indication of low aggregate demand this cycle: Continuing to weaken: Recovering from the dip but still has a ways to go: This component had previously leveled off at about today’s level: Actual shipments recovering but still …
From Truth in Media: An investigation into the activities of the Houston Police Department is reportedly underway following the release of a video that revealed an officer ordering a woman to put her hands up “like we’re going to shoot you” …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter They’re hot, price inflation is building up. Wholesale used vehicle prices jumped 6.3% in April from a year ago, according to the Manheim Used Vehicle Value Index. At 132.5, the index is at the highest level …
by WARREN MOSLER Still looking very weak: From WardsAuto: U.S. Light-Vehicle Forecast: Sales Down Slightly; Inventory Declines to Match Demand A Wards Intelligence forecast calls for U.S. automakers to deliver 1.60 million light vehicles in March. … The report puts the seasonally …
by WARREN MOSLER Even lower than expected as weakness continues: U.S. Light Vehicle Sales decline to 17.1 million annual rate in January By Bill McBride Feb 1, (calculated Risk) — Based on a preliminary estimate from AutoData, light vehicle sales were …
From ANTI-MEDIA: Millions of jobs are at risk of being outsourced to automated artificial intelligence or robotic applications in the next decade. These jobs range from baristas and supermarket clerks to lawyers and hedge fund managers. Now, a new patent application by automaker Ford suggests law enforcement agents, …
by WARREN MOSLER Seems to me this divergence has been stretched to the limit: And this chart from Daniele Della Bona shows how dipping into savings via borrowing adds to interest expense that further reduces savings when other personal income is …
NEW YORK (WABC) — Mayor Bill de Blasio on Tuesday announced new measures to prevent vehicle ramming terror attacks in New York City. Starting later this month, the city will begin installing more than 1,500 new permanent bollards in Times …
by Chris Black To no one’s surprise, the Australian Muslim man who used his vehicle to mow down eighteen people in Melbourne Australia had no link to terrorism, according to officials. Instead, he was allegedly suffering from mental issues, other …