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Showing posts with label GM. Show all posts
Showing posts with label GM. Show all posts
Tuesday, April 2, 2013
TESLA EXPECTS PROFIT AS CAR DELIVERIES PICK UP#
TESLA MOTORS INC. the Silicon Valley Auto Maker said it would report a first-quarter profit, sending the luxary electric-maker's shares surging 16% on Monday.
The Palo Alto, California maker of $70,000 vehicles lifted its forecast for the quarter after delivering more Model S electric vehicles. Tesla has a backlog of 15,000 orders and books revenue for the vehicles as soon as they are shipped to customers.
In 4 p. m. NASDAQ Stock Market trading reported TESLA finished up $6.04 at $43.93.
It is reported that TESLA vehicles are being seen more and more throughout the San Francisco Bay area streets and highways. TESLA's business model unlike FORD, GENERAL MOTORS, and CHRYSLER place a store in a Mall with very little if any inventory. The TESLA customer basically builds his car from scratch in the store and the vehicle is shipped out after built. TESLA MOTORS operate state of the art stores however, old school car dealerships have tried to slow them down in their expansion citing out of date State Motor Vehicle Codes requiring dealerships to have a minimum of several thousand square foot of space for inventory storage. The older dealerships of yesterday do not seem to get the message that the days of carrying a million dollar inventory and paying interest on vehicles that are not selling is coming to an end.
Sunday, March 31, 2013
#GM BRINGING BACK Z/28 MUSCLE CAR
Remember when you were 16 years old and the coolest guys in your school had a Z. Everyone in town either wanted one or knew somebody with a Z and they were probably next to owning a vette the most popular car in 50 years aside from the 57 Chevy. GM rolled out the Camero Z/28 at the New York International Auto Show. The goal is to have the Z/28 in consumer hands by 2015. The Z introduced in 1967 hasn't benn around since 2002. Earlier this year, GM North American pulled the Stingray name out of mothballs and placed it on the latest Chevrolet Corvette sports car, which goes into production later this year. While car names may stir memories for auto enthusiasts, the coming Stingray and Z/28 won't be the volume leader GM needs to rebuild their market share worldwide. I wonder if the new Stingray and Z/28 will have a state of the art 8 track player included in the price. Reinvention of the muscle cars of the past proves that former auto designers had a better business model for car sales than the new MBA wiz kids.
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#USED CAR NEWS AND VIEWS
The following information is provided to assist you in the purchase of your next used car that is for sale. Whether it be a used honda accord or a brand new Cadillac SRX, Tesler, Rolls Royce, or Jeep Wrangler. We strive to find up-to-date information for consumers as well as information for used car dealers, new car dealers, or automobile collectors and hobbyists. We can be found online at stevescars.com. We buy, sell, trade, ship cars nationwide, and make automobile pawn loans "Pawn You Car With Us For a 30 day interest free loan to new borrowers. Stephen C. Webb owner 415-987-6706
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