US is still the F150 170k+ unit sold first three months.Toyota Camry is #1.
But the US is a very unusual market - trucks like the F150 just don't sell outside the USUS is still the F150 170k+ unit sold first three months.
Agreed and out of those 170K about 4K where electric.But the US is a very unusual market - trucks like the F150 just don't sell outside the US
They are simply too big
Lightning had 15k sales last year and 3.6k in the first 2 months of 2023 apparently restricted by production. Early days obviously.Agreed and out of those 170K about 4K where electric.
All big three American auto makers have been having issues with the transition to building electric vehicles. I feel that they are a still a few years away from full 100% capacity production.Lightning had 15k sales last year and 3.6k in the first 2 months of 2023 apparently restricted by production. Early days obviously.
Most car companies have been struggling with production of all vehicles for the last 3 years. EV's are identical to ICE vehicles in all but drivetrain. Just look at the delays to S650 productionAll big three American auto makers have been having issues with the transition to building electric vehicles. I feel that they are a still a few years away from full 100% capacity production.
I really think that they are being cautious. With interest rates on the rise is making vehicle purchases tougher especially with people who have mediocre to bad credit which is a big chunk of the car sales. But I could be wrong.Most car companies have been struggling with production of all vehicles for the last 3 years. EV's are identical to ICE vehicles in all but drivetrain. Just look at the delays to S650 production
JLR have an order book of 250k cars - they would make them if they couldI really think that they are being cautious. With interest rates on the rise is making vehicle purchases tougher especially with people who have mediocre to bad credit which is a big chunk of the car sales. But I could be wrong.
No dispute that interest rates and inflation are making things tougher for buyers. The catch is that DESPITE those things, most manufacturers can’t keep up with demand at the moment. Not sure what the situation is in the US but I can promise you that it’s pretty grim here in Australia. 12-18 month wait is absolutely typical on almost any new car. Dealerships have very little stock also (why would you keep a car in stock when you could sell it immediately for above sticker?), making the idea of a test drive a bit of a joke for quite a few of us.I really think that they are being cautious. With interest rates on the rise is making vehicle purchases tougher especially with people who have mediocre to bad credit which is a big chunk of the car sales. But I could be wrong.
Everything you said is spot on especially the last paragraph. Here there are some cars like SUV and Trucks piling up on dealer lots. But like in Europe and Australia the cars that people want are like you said back logged. And yes people paying MSRP+ just so they can get one. Mustangs Corvettes Challengers/Chargers and so on. High end cars forget about it. You can’t touch one. I have a friend looking at getting a either a GT2 or McLaren 720. He said that everyone’s back logged for new so he’s contemplating buying used. But prices are crazy high for used high end cars as well. I also don’t foresee us seeing the good ole days again.No dispute that interest rates and inflation are making things tougher for buyers. The catch is that DESPITE those things, most manufacturers can’t keep up with demand at the moment. Not sure what the situation is in the US but I can promise you that it’s pretty grim here in Australia. 12-18 month wait is absolutely typical on almost any new car. Dealerships have very little stock also (why would you keep a car in stock when you could sell it immediately for above sticker?), making the idea of a test drive a bit of a joke for quite a few of us.
Makes me wonder what the backlog would be like when more people actually have surplus cash to spend.
On the plus side, the dealers are taking full advantage of the situation. Ask for a discount on a car they can’t keep up with and watch them laugh at you.
Some are going a step further. You can jump the queue, just need to pay them 10-30% above sticker price.
Not like the good old days when you could haggle for a discount and even get your car delivered within a few months. Not sure when we’ll see that again.
One of the vehicles we looked at for my wife was available immediately. Normal retail around $65k. Drive home today for only $85k….Everything you said is spot on especially the last paragraph. Here there are some cars like SUV and Trucks piling up on dealer lots. But like in Europe and Australia the cars that people want are like you said back logged. And yes people paying MSRP+ just so they can get one. Mustangs Corvettes Challengers/Chargers and so on. High end cars forget about it. You can’t touch one. I have a friend looking at getting a either a GT2 or McLaren 720. He said that everyone’s back logged for new so he’s contemplating buying used. But prices are crazy high for used high end cars as well. I also don’t foresee us seeing the good ole days again.
The trouble is, it's the politicians who do the actions, and us who get to suffer the consequences.Actions have consequences. What we did a couple of years ago is biting us right now.