Tag: deliveries

By on July 24, 2020

The ongoing Tom Petty kick occurring inside the walls of Casa Steph continues bearing literary fruit.

Yes, after enduring years of pins and needles after rumors of a Bronco rebirth first arose, Ford fans who recently plunked down a reservation charge could still be quite a ways away from their actual vehicle. (Read More…)

By on March 19, 2020

tesla model 3

After a days-long jousting match between Tesla and county officials, the electric automaker has apparently come to terms with the fact it is not an essential service. Tesla will idle its assembly plant in Fremont, California on March 23rd, with its Buffalo, New York solar facility also going dark.

Controversy sprung up after Tesla continued operations in Fremont after the county, one of several in the Bay area to do so, issued a shelter-in-place order to aid in the battle against coronavirus. (Read More…)

By on April 4, 2019

Tesla Model 3, Image: Tesla

Following a rocky first quarter of 2019, Tesla’s decidedly lackluster production and delivery report sent the automaker’s stock tumbling in pre-market trading.

Not only were analyst estimates missed, in some cases by a mile, production actually fell at Tesla’s Fremont, California assembly plant, sparking concern that demand is drying up for the company’s EV offerings. A dip back into the red — something CEO Elon Musk warned of, not long after predicting the opposite — seems unavoidable. (Read More…)

By on February 14, 2018

Tesla Model 3, Image: Tesla

Since beginning production of the Model 3 last summer, Tesla has dialed back production targets like a thermostat in the springtime. The electric automaker’s first goal of 5,000 units per week by the end of the year passed as the champagne corks flew on New Year’s Eve, but by that time Tesla had already pushed it back to the end of Q1 2018.

Amid troubles on the assembly line, that target eventually moved to the end of the second quarter of this year, a goal that still stands.

Just how many Model 3s is Tesla cranking out these days? The company only reports deliveries on a quarterly basis, making it hard to get a firm read on the company’s exact output. One publication hopes to change that. (Read More…)

By on January 31, 2018

cars dealer dealership, Image: HappyAlex/Bigstock

With the automotive market continuing to cool off, the industry went into 2018 with a less than optimistic view. Volume for the year is anticipated to continue its downward trend but, incredibly, January appears to be on par with the same period last year — if not slightly better.

Did the analysts get it wrong? Probably not. Incentive spending was up across the board and that’ll likely be the case throughout the rest of the year. The real trick will be for automakers to keep their lineups appealing without going wild with discounts. That’s because the annual forecast still calls for lower volume than in 2017. (Read More…)

By on April 21, 2017

Fiat Tipo, Image: FCA

Say you’re a dealer with a backlog of slow-selling models. What’s the last thing you would want?

The correct answer would be a springtime deluge of more of the same, whether you asked for it or not. That’s what some angry retailers across the Atlantic are facing after Fiat Chrysler Automobiles dumped 6,000 anemic sellers into Italian dealer management systems at the end of February. (Read More…)

By on January 4, 2017

tesla-model-s-

2016 wasn’t just a disappointing year for celebrities.

After stating that it would place between 80,000 and 90,000 vehicles in the hands of adoring customers before year’s end, Tesla failed to clear the delivery bar it had set for itself. While production numbers crossed the threshold, 2016 deliveries fell short, numbering only 76,230.

Still, the electric automaker — which has set much loftier production goals for the near future — doesn’t seem too concerned. (Read More…)

By on October 3, 2016

Tesla Model X

After a second quarter that was anything but hot, Tesla Motors surprised analysts by delivering 24,500 vehicles in the third quarter — a 10,000-unit jump over the previous tally.

The healthy delivery numbers allow CEO Elon Musk to stick to his promise of 50,000 deliveries in the second half of this year, reports Bloomberg. Still, the production boost failed to buoy the company’s stock, meaning Musk’s fundraising plans won’t be easy. (Read More…)

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