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  1. Gurgeh

    2022 Buick Enclave Shown

    While highly subjective, I find the Genesis GV80 to be a beautifully-designed vehicle front, side and interior. The rear looks a little mundane, though.
  2. ...AND get a huge $10-12 billion grant from the federal government in the form of the sale of massively overvalued stock.
  3. Gurgeh

    2022 Buick Enclave Shown

    That grille! Almost looks like one of the new Genesis's...
  4. Not quite true. If the allegation was phrased, "GM paid back all its debt to the U.S. Government," then that would be true. GM did repay all of the loans -- early in fact -- from the bailout. The problem is that as a part of the bailout the Treasury also bought a boat load of new GM stock, knowing that it was paying a much higher price than the stock was worth. When it came time for the Treasury to sell off that stock they ended up losing over $10 billion (I seem to remember the final number of the loss was somewhere between $11 billion and $12 billion). So yeah, that's a great deal as far as GM was concerned. Not so much for the U.S. taxpayer. Here's a link: https://www.fool.com/investing/general/2013/09/15/why-gm-still-owes-taxpayers.aspx
  5. I have that same problem in my 2019 Nautilus with my Motorola phone. I'm hoping the new Samsung I'll be getting next month will work.
  6. I just noticed in the automotive press that the Explorer PIU and certain Aviators had another one yesterday. So that's 7 recalls for the Aviator so far. But could be worse. Explorers have had 11. This one's pretty minor, having to do with contaminated washer fluid. But still, that's nuts. https://fordauthority.com/2021/01/2020-lincoln-aviator-ford-explorer-police-interceptor-utility-recalled-over-contaminated-windshield-wiper-fluid/
  7. Corsair-E doesn't work. The diction is all wrong, coming off an R going into an E. Sounds like a yokum bobbing his head to his boss and saying, "yup, yup, yesiree"...
  8. Hmm... I remember hearing that at one point the redesign for the Edge and Nautilus were well along, but then FMC went into radio silence and the Canadian union deal seemed to confirm the reason for the silence, that the two projects had been shelved. But maybe not. That would leave me with the question of whether I wanted to buy a Chinese-built vehicle, though honestly the most likely alternatives I would consider would be South Korean, British or German.
  9. I agree. FMC might well decide against making the investment necessary to keep an ICE-based mid-sized 2-row crossover in Lincoln's lineup, thinking that the profit either wouldn't cover the costs or that scarce product development funds can be better used elsewhere, such as with the mid-sized BEV crossover under development. From their corporate standpoint they might even be right. But for me personally, it will mean that I will have to go elsewhere when my 2019 Nautilus lease is up late this year -- unless I decide to buy out my lease, which I might do. My very particular wants are for a luxury appointed mid-sized crossover with a boosted 6, no third row, and ample storage in back. The Corsair is indeed bigger than the MKC: two inches longer and one inch wider and higher. Beyond that it also uses interior space better with the movable rear seat, giving the option of more legroom (or in my case, more room to store your cooler on a road trip) or more storage in back -- but not both.
  10. To show how nutty Tesla finances are these days, to meet that cost all the company would have to do is issue another 500k in stock and they're golden. But they might want to do it now, not after fighting the recall in court for a few years...
  11. Gurgeh

    Ioniq 5

    To me, the side and back look goofy. The front end is pretty cool though.
  12. Finally, some good news for Ford and Lincoln in China, especially in the 4th quarter. ----------------------- "Ford Motor Company (NYSE:F) said on Wednesday that its sales in China rose 30% in the fourth quarter from a year ago, as its revamped product line and SUVs from its Lincoln luxury brand continue to gain traction with Chinese consumers. For the full year, Ford's sales in China were up 6.1% from its grim 2019 result, despite the impact of the COVID-19 pandemic. "...Lincoln has once again become a bright spot for Ford in China. The brand's sales rose 75% in the fourth quarter, to roughly 22,600 vehicles, driven by brisk demand for locally made versions of the Corsair and Aviator SUVs. The two together accounted for about three-quarters of Lincoln's China sales in the quarter. Ford said in November that it will begin making Lincoln's midsize SUV, the Nautilus, in China as well. "Sales of Ford-brand vehicles in China rose 24.7% from a year ago, to over 100,000. Roughly half of those were SUVs, with the new Explorer and Escape accounting for about 22,000 units, the company said." https://www.fool.com/investing/2021/01/13/fords-china-sales-continue-to-rise-on-strong-linco/
  13. The reasons I went from sedan to crossover? Hauling capacity (though you can get much of that in a station wagon too), visibility in traffic (it is something of a self-feeding loop, as the more trucks and SUVs/crossovers out there, the more you need one to be able to see anything at all through the traffic ahead or behind), ease of egress (hey, I'm not 18 anymore), and, at the insistence of my wife, safety (but not in the way one normally thinks; my VW Passat and CCs were three times rear ended at lights by trucks and each time I had major damage and they had almost none because their bumpers were higher than mine and plowed into the rear of my car above my bumper). I find crossovers equally as attractive, though they don't corner as well, even the Audi Q5 I had because, well, physics and all that. But in other ways I find they handle just fine and I'm not taking them out to the track.
  14. Gurgeh

    Tesla stock

    https://www.marketwatch.com/story/ive-pulled-out-all-the-stops-for-tesla-but-cant-find-the-upside-on-the-stock-11610117368 "...I admittedly have a natural value bias, but I want to try to rewire my circuits and envision an optimistic scenario that results in upside for Tesla’s share price. "So I’ve gone out to 2035, a year where it should be obvious to even the bears that production of internal-combustion-engine vehicles will be niche, if not forbidden. I see 135 million cars and light trucks produced worldwide that year and assume that 90% of them will be fully electric. Those arguing for an autonomous, ride-sharing future will have to revise this figure down. "Toyota TM, +0.12% 7203, +1.55% was founded in 1937 and is the largest auto manufacturer in the world. Today, it has a 12% global market share. Volkswagen VOW3, -1.17% VWAPY, -1.40% (also founded in 1937) has 12% too. I generously assume that Tesla will sport a 20% share of all EVs produced around the world. "In 2019, Tesla produced 365,000 units. In that same year VW and Toyota each produced nearly 11 million. In the scenario painted here, Tesla would produce over twice that amount (22 million vehicles) in 2035. "And despite Tesla becoming a mass market producer, I model a virtue-signaling price premium of 12% over the industry, getting us to an average selling price of $50,000. This would result in Tesla revenues of nearly $1.2 trillion dollars. Toyota today does 7% net margins. VW does 5%. For this bullish Tesla scenario, I will liberally assume 9% net margins. This means nearly $110 billion of net profit. "Meanwhile despite the princely stock-based compensation plans and aggressive capital raising required to finance this kind of expansion, I am modelling only 2.5% annual growth in diluted shares. On the 1.75 billion in shares I expect in 2035 this all works out to over $60 in earnings per share. "I will also assume that despite it already being huge, Mr. Market will still pay a P/E of 20 for this mass market automaker. That gets me to fair value in this historically unparalleled scenario of $1,230 per share. This is much higher than where it is today. "But this is in 2035. "If I assume that between now and then, Mr. Market only expects to make just 10% a year on his Tesla investment that gets us to share price today of about $295. "...Just 14 months ago, the outlook for Tesla (the company) was tremendous. The shares were trading at a split-adjusted $48 a share, reflecting Mr. Market’s confidence in Elon Musk. The consensus investor had high optimism that Tesla would dominate the production of electronic vehicles in our clean future, and believed that other manufacturers potentially might end up standardizing on Tesla software architecture. "And nothing about this story has deteriorated. This is what the bulls still believe. In other words, that bullish 2035 outlook hasn’t really improved much for Tesla since late 2019. But in those 14 months, Tesla shares have exploded by over 1500%. It’s been a 16-bagger in 14 months. They have doubled, doubled again, and doubled yet again. Oh, and then they doubled again for good measure. "With that, I would strongly encourage holders to consider this framework above. Even if a lot of things go very right, it is extremely difficult to believe that the stock’s future will look like its recent past. In my view, a great many things have to go perfectly well – many of them outside of Tesla’s control – for this not to end horribly."
  15. Love the little bit at the end when Cramer has to clarify that he doesn't hate Tesla, to avoid an angry Twitter storm... https://www.cnbc.com/video/2021/01/06/jim-cramer-theres-room-for-both-ford-and-tesla.html