US Market Situation and Outlook (Rob Stark's American Megathread)

[RobStark]

 

[RobStark]

 

[mikevbf]

Hat tip to @oneday

September '18 USA

Tesla now moved into 4th from 5th position last month in terms of sheer numbers and the highest revenue car bar none last month as well. And I only see this getting better in the future as manufacturing continues to speed up and Tesla starts going after the european market and standard range model 3's.

The biggest present unknown is margins which we will get better idea in q3 CC. Even if that is low at the moment, I believe there is a lot of headroom for improvement in that area and Tesla is making the right moves to get there. Now if only the greater public could see the signal through noise. So much noise these days.

 

[RobStark]

New Yahoo map

 

[Brando]

How the auto market was trending/developing in Oct/Nov 2017
Autonomy, sedans vs SUV, sales spike (hurricane), Luxury segment, manufacturing plants, OEMs and more
fascinating Mega Trends last year end of 2017 [talk starts 4:30 for those in a hurry]

 

[Brando]

Hard to believe? some of the topic covered - and other interesting items.
Audi diesel fines, BMW admits trouble 50/50 chance to hold market share, EU pollution standard being enforced, 50 new Ford models??
V to V US regs being dropped by Trump - oh, great.

 

[Brando]

No Tesla Service Center nor Gallery in about 1/3 of US population? Think that is about right?
So perhaps another 1/3 pent up demand?

 

[RobStark]

 

[neroden]

No Tesla Service Center nor Gallery in about 1/3 of US population? Think that is about right?
So perhaps another 1/3 pent up demand?

WAAAAY off. Tesla Service Centers cover about 150 million people; the US population is 325 million, so it's actually less than 1/2 the population who are covered right now. Though many of us are buying even though we're outside the real service area, so I think it would be fair to say that Tesla can double it's potential audience.

 

[RobStark]

U.S. Auto Sales Brand Rankings – October 2018 YTD | GCBC

1.8% US Market Share for October and 1.17% US Market Share YTD

 

[Brando]

WAAAAY off. Tesla Service Centers cover about 150 million people; the US population is 325 million, so it's actually less than 1/2 the population who are covered right now. Though many of us are buying even though we're outside the real service area, so I think it would be fair to say that Tesla can double it's potential audience.

Seems like a startup car company. Wait til they are available across the country.

 

[RobStark]

US Sales Streaks

5 Highlights from October U.S. auto sales

 

[RobStark]

 

[Brando]

Smart car would seem a MSRP problem (Mercedes management could fix).
OR dealerships are successfully up selling? (dealerships don't really want to fix?)

interesting.
thanks @RobStark

 

[RobStark]

Smart car would seem a MSRP problem (Mercedes management could fix).
OR dealerships are successfully up selling? (dealerships don't really want to fix?)

interesting.
thanks @RobStark

The Smart Brand Is About to Get a Bunch Smaller in America

When Smart switched to all BEV in August 2017 most Mercedes dealers dropped Smart.

Smart only has 27 dealers in America, as of August 2017.

Mercedes has a battery cell procurement problem, they can't get them cheap enough to sell Smart EV at a profit.

And they don't want to sell at a loss.

 

[Brando]

Penske ? Didn't Penske make a distribution deal with Merc or tried and deal fell through? Was it the SMART ?
SMART on 4th generation electric. 3rd generation was Tesla 2011-14 which helped save Tesla.

So Merc e-SMART fails??

Trolls will now tells us Tesla should hire ex-Merc exec. Who will do a much better job than Elon, right? </sarcasm>

 

[RobStark]

State EV Registrations Up 49% Through August Thanks To Tesla Model 3

Here are the top 10 states for EV registrations for the first 8 months of 2018:

1) California – 88,513 (Up from 60,132)
2) New York – 7,835 (Up from 6,161)
3) Florida – 7, 567 (Up from 4,559)
4) Washington – 6,708 (Up from 4,559)
5) Texas – 6,321 (Up from 3,126)
6) New Jersey – 4,375 (Up from 3,163)
7) Massachusetts – 4,025 (Up from 2,743)
8) Arizona – 3,677 (Up from 1,663)
9) Georgia – 3,257 (Up from 1,437)
10) Illinois – 3,225 (Up from 2,313)

 

[RobStark]

In California

BEV Market Share matches Hybrid Market Share. Total electrified vehicle segment reaches new high of 11.2%

 

[RobStark]

 

[RobStark]

Tesla is up to 3% California Market Share.

Looks like CNCDA is no longer giving information on individual segments anymore.

https://www.cncda.org/wp-content/uploads/Cal-Covering-3Q-18.pdf