AD #2261 – Sales Down 1st Time in 8 Years, More Tesla Model 3 Delays, Geely Buys Stake in Volvo Trucks

January 4th, 2018 at 11:42am

Runtime: 7:21

0:29 December Sales Down, But Only a Little
1:16 2017 Full Year Sales
2:03 Major, Full Line Manufacturer Sales
3:19 Model 3 Production Quota Pushed Back Again
4:00 Aurora Teams with VW & Hyundai
5:34 Kia Teases New Electric Concept
5:59 Geely Buys Stake in Volvo Trucks

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15 Comments to “AD #2261 – Sales Down 1st Time in 8 Years, More Tesla Model 3 Delays, Geely Buys Stake in Volvo Trucks”

  1. lambo2015 Says:

    Tesla is sounding more like Elio with its production dates. At least they are producing something. If Elio builds a car their engine technology will be 5 years old.

  2. David Sprowl Says:

    Sean – what vehicles are “light trucks”? Does this include SUVs? or are SUVs in the passenger car numbers or are they a separate category?

  3. Peter Says:

    The new Kia is the Niro EV clearly labled as a Niro in your rear view photo.

    I drive a Niro hybrid in Canada

    The plugin has just hit the market in N. America

    and the EV is next

  4. Buzzerd Says:

    I wonder how much affect severe weather has on purchasing decisions? Are they partly to blame for the downturn in car sales over SUV/CUVs? Whether it’s a hurricane or a super polar snow storm what ever, I’m thinking I want to drive an AWD vehicle or a civic, cruse, fusion…

  5. Lisk Says:

    So will Tesla still be in business at the end of the second quarter to build the 5,000 a week Elon’s been promising? His cash burn is so high and if he starts building cars in volume, his cost per unit will go down but that just means he’ll lose less money on each car built. With $3.4 billion in cash on hand at the end of the 3rd quarter and he continues to burn over a billion $ each quarter, cash will be practically
    non existent. Where is all the money going to come from to develop Semis, Roadsters, pickups, Model Ys, and the next generation Model S?.

    On the passenger cars vs. light truck sales, with 1.4M fewer passenger cars being sold over the past 2 years, it’s no wonder crude is over $70 a barrel again.

  6. G.A.Branigan Says:

    Not to worry about bernie musk,he’ll find another white elephant to take deposits on. And the lemmings will be more than happy to give them their loot with deposits on vaporware.

  7. Kit Gerhart Says:

    I’m doing my part to buck the truck trend, buying two cars in the last two years.

    #2 Most SUVs/CUVs are classified as “light trucks.” If I can find the official definition, I’ll post a link.

  8. Chuck Grenci Says:

    Continuing on the storms of late December, we just got nailed yesterday for a half foot of snow and cold temperatures for the rest of the week (I live in S.C.) so our car sales will probably take an at least one week hit for January. This same storm is riding up the east coast so will disrupt sales also on the order of about one week or maybe a little less (as north of N.C. they actually have snow removal equipment) though the storm is projected to be more severe at it rides the coast.

  9. Lambo2015 Says:

    #2 The SUV’s used to fall under the truck classification (and I believe still do). Even minivans did at first. Thats changed over the years and what used to differentiate them was if they were uni-body or body on frame. Which means most CUVs would be considered passenger cars. I am also interested in how they differentiate them now.

  10. Sean McElroy Says:

    @David Sprowl – In this case, light trucks includes utility vehicles.

  11. Kit Gerhart Says:

    From wikipedia:

    Federal regulations define a light-duty truck to be any motor vehicle having a gross vehicle weight rating (curb weight plus payload) of no more than 8,500 pounds (3,855.5 kg) which is “(1) Designed primarily for purposes of transportation of property or is a derivation of such a vehicle, or (2) Designed primarily for transportation of persons and has a capacity of more than 12 persons, or (3) Available with special features enabling off-street or off-highway operation and use.”

    I suspect the (3) is what makes most CUV’s “trucks” by this definition. The lift kit, and available 4WD are considered “special features enabling off-street or off-highway operation and use.”

  12. phred Says:

    How can the Chrysler Pacifica Hybrid be ranked high when there are several class action lawsuits forming over the minivan stalling in the middle of traffic and other auto engineering issues. Does FCA know how to design and deliver a quality product?

  13. Lex Says:

    I had recommended in the past that GM should have incorporated the Volt powertrain into a Chevy Equinox and GMC Terrain to boost adaption of Hybrids and EV. The CUV segment of the automotive industry is Red Hot! This is a missed opportunity IMHO for GM. Their incorporation of “Stop / Start” technology is not selling vehicles.

    This “Stop / Start” technology maybe the reason Nissan is seeing an increase in market share and the fact that Honda placed a under powered 1.5L Turbo in the upper trim levels of their best selling vehicle the CR-V. Honda needs to replace the 1.5L Turbo with the 2.0L Turbo found in the New Civic into the 2018 CR-V to further increase CR-V sells.

  14. Lex Says:

    I am anxiously awaiting the debut of the 5 passenger Honda Pilot Sport! I hope it’s styling mimics the New Honda Ridgeline!!!

    All Honda need to do is replace the truck bed with a enclosed cabin for the Pilot Sport.
    This vehicle could give the Jeep Grand Cherokee a run for it’s money IMHO.

  15. Kit Gerhart Says:

    12 In CR’s tests, the “underpowered” CR-V with the 1.5 turbot is quicker than most of its competition, like Forester, Escape, and Rogue, and it gets better gas mileage. Yeah, maybe they should offer the 2 liter used in the Civic type R, but do Honda crossover buyers want an engine that needs premium gas? Yeah, they could de-tune it for regular.

    I think GM is making a big mistake in not allowing stop/start to be turned off in LaCrosse, and some other models. Some people just wouldn’t want to hear or feel it, and I wouldn’t want the extra wear and tear on the starter, for the small gain in mpg it would provide. Stop/start is fine with “mild hybrids” that use a belt driven starter-generator. You barely feel it, and there is no fly wheel gear engagement to wear out.