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  • Tesla reported a loss of $293m for the second quarter
    03 Aug 2016

     One of the main questions surrounding Tesla is its ability to ramp up production to satisfy the almost 400,000 existing Model 3 orders, and the hundreds of thousands of orders that are supposed to follow. Past isn’t necessarily indicative of the future, but on Tesla’s earnings call just now things didn’t sound all roses.  The company ended up losing $293 million last quarter on a GAAP (Generally Accepted Accounting Principles) basis, and $150 million on a non-GAAP basis, which takes into account things like leases that GAAP generally doesn’t adjust for. ...

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  • Toyota Corolla ends Hyundai i30's record sales in July!
    01 Aug 2016

    Toyota Corolla is the new big hit in the auto industry, the new model has ended the Hyundai 130's record four-month winning streak. After the Korean car brand has removed the discount of $7500 on Hyundai models, it was pretty obvious that a new king-car is gonna take its place and this time it's Corolla.  An 11-year sales high in June across all small vehicles has been posted by Hyundai i30, but it took a massive down this month by a staggering 65 per cent, from 6400 to just 2200. Hyundai costs at around $19,990 with its big discount, but once the discouns was done ...

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  • Best car sales results for the last 11 years?
    28 Jul 2016

    We are all waiting for the July car sales report to be revealed at the beginning of August, it is expected to set the stage for a robust second half of the year in dealer showrooms, according to our monthly forecast. We consider that it will be the best July for the last 11 years.  The sales for this month will reflect a 0.7% increase from June 2016 and a 0.8% increase from July 2015, it means it will result in an estimated seasonally adjusted annual rate of 17.8 million. July sales suggest that 2016 is gonna be a great month for car sales just like last year's record-setting sal...

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  •  Ford's sales rise up thanks to 2017's Fusion Hybrid and Energi!
    25 Jul 2016

    Have you seen the new Ford Fusion's Hybrid and Fusion Energi Plug-in Hybrid? These models might become the new Ford's step to high sales since they are loved by potential buyers, and most importantly they are bought. The mid-size stalwart started selling its 2017 model-year version last month, and Ford has told to the media that Fusion's two hybrid models got high sales boost in LA.  Considering the mid-size Ford vehicles were down for five years now, it is an exceptionally important moment to see how they were brought up to the new stage by the brand. This plug-in car ma...

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  • Audi A3 Sportback e-Tron lands 2% of Audi US sales
    06 Jul 2016

    You may not like the 2016 Audi A3 Sportback e-Tron Plug-In Hybrid, but still, this car is a good choice, as it brings the premium quality and engaging driving experience of the Audi A3. It beats the BMW i3, the Chevrolet Volt, and the Ford C-Max Energi.   The 2016 Audi A3 Sportback e-tron has a pretty comfortable interior and a luxurious exterior. Audi cars always have a good design. They have a rather good performance and probably these are the main reasons why 1 out of every 50 Audi cars sold in the US is an A3 e-Tron. This data was announced by Audi. It is 2% and this number is no...

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