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It's odd that this article doesn't mention Tesla.
by nrjames 8y ago
It's odd that this article doesn't mention Tesla.
- olliej 8y agoUnclear if this is a joke - tesla’s cost much more than most sedans - the market for most us sedans is not the same.
- nrjames 8y agoNot a joke. Tesla is an American car company shipping sedans. The mid-range Model 3 is getting lower in price. While it might not be price-comparable to some of the others mentioned in the article, it's still an American sedan.
- rconti 8y agoAverage Transaction Price for "light vehicles" (which seems to include luxury sedans, luxury SUVs, pickups, etc) was was $36,270 in January 2018.[1] It's not nothing, but a ~$46k medium range Model 3 is not so terribly far from that, and in fact hits that on the nose if you manage to buy one in the next 14 hours in California (or a state with even better state-level incentives like Colorado). :) (Tesla is 'promising' delivery before end of 2018 if you order in November; I only know this because my in-laws are looking at it right now). [1] https://mediaroom.kbb.com/2018-02-01-Average-New-Car-Prices-Rise-Nearly-4-Percent-For-January-2018-On-Shifting-Sales-Mix-According-To-Kelley-Blue-Book https://mediaroom.kbb.com/2018-02-01-Average-New-Car-Prices-...
- olliej 8y agoThe ASP for light vehicles is 36k, when including a bunch of expensive vehicle classes, which should indicate what the average low end sedan costs to bring the overall ASP price down: * ASP for pickup: 47 fullsize, 32 "mid" size * ASP for an SUV: 60k * ASP for luxury SUVs 44k for a compact (wtf is a compact SUV?) up to 80k. * ASP subcompact SUV is 24k Vs. the low-end cars: * 15k for a Kia Rio * 19k for a Toyota Corolla * 12-17k for a Nissan Versa * Honda low end 19k, the top end plugin: 33k * Hyundai 16k-22k * Mitsubishi 14.5k * Ford Fiesta 14.2k, taurus: 27.8k * Chevy cruze: 17-24k * Buick starts at 25k This ignores compacts/hatchbacks which seem to be on average around 5k less. So a Tesla isn't a few grand more expensive. It's 2-2.5 times more expensive.
- jandrese 8y agoBut the replacement the US car companies are offering are SUVs, which are more expensive than the sedans they are replacing. This seems more like the companies saying "What products have the biggest profit margins? Lets just make those." This is fine so long as the government is willing to say "no" when the next oil crunch happens and people start scrambling for efficient or electric cars instead of big trucks and SUVs and the big 3 find themselves in trouble in exactly the same way the did last time. Or they'll just blame it on the unions and move everything to China.
- jddaigle 8y agoPlus Teslas (at least the S) aren't really traditional sedans. They're liftbacks (hatch with a sloping rear window) plus they have a "frunk". And they adhere to the "distinctive styling as signaling" rule of hybrids.
- thatGuy6 8y agoNo it's not. They're mentioning companies that can actually ship cars.
- wolf550e 8y agoTesla ships more Model 3s than Ford ships Fusions: http://carsalesbase.com/us-car-sales-data/ford/ford-fusion/ http://carsalesbase.com/us-car-sales-data/ford/ford-fusion/ http://carsalesbase.com/us-car-sales-data/tesla/tesla-model-3/ http://carsalesbase.com/us-car-sales-data/tesla/tesla-model-...
- cmrdporcupine 8y agoIt's not an article about luxury cars.
- rconti 8y agoThey clearly meant "big 3 automaker sedans". 2 American cars sit in my driveway; a BMW Z3 M Coupe that was built in Spartanburg, South Carolina, and a Tesla Model 3 sedan that was built across the bay in Fremont, California. Though I will say, I generally hate the sedan form factor (from a styling and practicality standpoint), and of the ~10 or so cars my wife and I have owned, the Tesla is the first sedan.
- gwbas1c 8y agoIt really should, because the article states that US automakers are going to concentrate on electric vehicles.