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Gurgeh

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About Gurgeh

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  • Region
    U.S. Northeast
  • Location
    Maryland
  • Current Vehicle
    2019 Lincoln Nautilus (2.7 AWD)

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  1. I can see the argument for not having Black Label versions of the two lowest MSRP vehicles (Corsair and MKZ), in order to avoid articles with headlines such as, "with all options, the Corsair exceeds $60k". But somehow Lincoln allowed an all-options Corsair to still punch above that number. It is almost impossible, by comparison, to get the Acura RDX above $50k. Don't get me wrong, I think the Corsair may end up being the better vehicle and worth the extra price as it will have features and options the RDX lacks (it doesn't even have folding mirrors and its sound system is pretty so-so), but Acura most certainly did control option bloat on their new small crossover.
  2. JLR is going great guns in the U.S. market, but not enough to counter weakness in especially China and due to falling demand for diesel in Europe (and, well, everywhere else). https://amp-theguardian-com.cdn.ampproject.org/v/s/amp.theguardian.com/business/2019/may/20/jaguar-land-rover-record-loss-chinese-market-diesel-sales?amp_js_v=a2&amp_gsa=1#referrer=https%3A%2F%2Fwww.google.com&amp_tf=From %1%24s&ampshare=https%3A%2F%2Fwww.theguardian.com%2Fbusiness%2F2019%2Fmay%2F20%2Fjaguar-land-rover-record-loss-chinese-market-diesel-sales
  3. California, where I was born and grew up, is increasingly two states in one. California is an economic powerhouse, particularly in technology, entertainment, agriculture and financial services, with better than average economic growth. Its state budget is overwhelmingly funded by the capital gains of its millionaires and billionaires (which makes state revenue subject to wild swings with the business cycle), of which it has more of than any other state (though on a per capita basis it is 10th, with Maryland, due to its Washington D.C. suburbs, coming in first on this measure). It is also the state with the highest poverty rate (factoring in cost of living) in the nation (without considering the real value of income it has the 14th highest poverty rate). It is a state with its middle class fleeing elsewhere, but which remains a wonderful place to live -- if you can afford it.
  4. (Now, don't get me wrong. There are still issues with all-electrics that makes this a typically California law a bad idea. Many people like me don't live where it is possible to do overnight home charging. Plus, for many there continues to be range, cold-weather performance and cost issues. The market is rapidly working on these issues and the transition to BEVs is underway, though not sure how to solve the overnight charging issue. The law would, as these things go, hit lower income folks the hardest.)
  5. Well, while the 9th circuit isn't quite at the top of the most-overturned by the Supreme Court, at 79% (from 2010-2015) it is close. The 7th circuit (also cited by tbone), for instance gets overturned less than half the time -- 48%. And the least overturned is the 10th circuit at 42%. Most overturned? The 6th circuit at 87%.
  6. I once thought that, but then looked at the literature and found out that, surprisingly, they don't. Electric motors are so freakishly efficient that even an electric vehicle powered fueled entirely by coal-sourced electricity (and even given losses in the generation, transmission and charging processes) are going to result in the emission of fewer air pollutants and greenhouse gases than oil (cleaner than coal) burning internal combustion engines. And today most electricity in the U.S. comes from a range of sources -- including lower-emitting sources like natural gas, renewables and nuclear power -- not just coal. See this stat from www.fueleconomy.com, the U.S. government entity that measures these things: Energy efficient. EVs convert about 59%–62% of the electrical energy from the grid to power at the wheels. Conventional gasoline vehicles only convert about 17%–21% of the energy stored in gasoline to power at the wheels.*
  7. I could see at some point the Continental (if not this generation, then next -- assuming there is a next) also being built in China, possibly even exclusively in China, as it was developed in large part with the Chinese market in mind.
  8. Didn't Ford confirm the hybrid Bronco in yesterday's conference call? https://www.motortrend.com/news/electrifying-news-ford-confirms-bronco-hybrid/
  9. Huh, I remember the time I felt pretty good about my MY2000 VW Passat V6 AWD with 190 hp...
  10. They are finally up at carsalesbase.com. Separate listings for Ford and Lincoln. See: http://carsalesbase.com/us-car-sales-data/ford/ http://carsalesbase.com/us-car-sales-data/lincoln/ Sales of both are down (as is the case for car sales in general). I see that Lincoln numbers are softening considerably, turning around one of Ford's recent positive sales stories. My guess is this is in part due to a sales pause in advance of Aviator hitting the streets.
  11. Gurgeh

    Tesla drops a bomb

    So far, it has been mainly non-millennial, wealthy, status-seeking urban buyers, though this is starting to change particularly for families with more than one vehicle. This study describes the top three BEV-buying segments as: "Findings show American Royalty, who are described as wealthy, influential couples and families living in prestigious suburbs, led the way with a 17.8 percent share. Following them were Silver Sophisticates at 11.9 percent. Those in this category are described as mature couples and singles living an upscale lifestyle in suburban homes. Rounding out the top three were Cosmopolitan Achiever, described as affluent middle-aged and established couples and families who enjoy a dynamic lifestyle in metro areas. Their share was 10.1 percent." See: https://www.experian.com/blogs/insights/2018/10/the-story-behind-whos-buying-electric-vehicles/
  12. Actually, the majority of people don't in fact read the news. How many do you think are aware that FCA and Mercedes are also under investigation, former suspected of being involved in a cover-up of its actions and the latter charged with producing cars that "were fitted with software designed to fool emissions tests"? People will generally become aware of the Ford emissions investigation if there is either a huge fine, a CEO goes to jail, or if car millions of Ford owners are told they have to bring their vehicles in and have them detuned to reduce their performance.
  13. Gurgeh

    Ford shares jump

    I'm very concerned. When I bought my initial batch of Ford stock this fall the dividend was nearly 8%. Then it fell to below 7% when I increased my holdings a couple of months ago and now the dividend is down to 5.8%. 😉
  14. Not dieselgate large and Ford is cooperating not trying to cover up (and Ford itself notified authorities after it became aware of the issue via internal reporting). It could mean a fine down the road, depending on how serious the issue turns out to be, but it shouldn't be anything close to the company-shaking (many) multi-billion hit that VW/Audi got (for good reason). From the Detroit Free Press: -------------------- The investigation, which Ford confirmed, requires significant technical expertise and will last awhile. These cases often involve big fines. "Ford doesn’t know where this is going to end up," said Peter Henning, a former federal prosecutor who teaches law at Wayne State University. "The benefit of self reporting is that the company receives credit for that.The decision ultimately about whether to bring a criminal charge will hinge on how cooperative the company is. Here, Ford seems to have gotten out in front of this issue, and that will be a benefit for them going forward." ...Ford isn't the only member of the Detroit Three facing federal criminal investigation related to emissions. Fiat Chrysler Automobiles is awaiting the results of an investigation into alleged diesel emissions cheating. The company, along with auto supplier Bosch, has agreed to settle a civil case in the matter that could result in payments of about $3,000 for some affected Jeep and Ram owners. FCA, which continues to deny any intentional cheating, expects to spend more than $790 million. The government, however, said the company not only broke the law but also tried to hide its actions. FCA is also facing an unrelated recall, announced last month, of close to 1 million cars and SUVs as a result of emissions investigations. ...And on April 14, Reuters reported Germany’s motor vehicle authority KBA was investigating Daimler on suspicion that 60,000 Mercedes cars produced between 2012 and 2015 were fitted with software designed to fool emissions tests. ...Unlike VW, Ford emphasized in February, when it disclosed its internal investigation, and again in Friday's SEC filing, "the potential concern does not involve the use of defeat devices." The Ford incident surfaced through an employee "Speak Up" program that allows people to reach out on a number of issues, including concerns. Feedback is submitted by phone, email, website or mobile app.
  15. Gurgeh

    Tesla drops a bomb

    True. And now today, the stock is down over 4% (so far)...
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