Thursday Morning Auto News, Jan 04, 2024: U.S. car sales grow 12% in 2023. Short sellers target BYD. Labor Board backs fired SpaceX employees. Akio Toyoda channels Captain Kirk. More.

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Wednesday Morning Auto News, Jan 03, 2024: BYD celebrates Tesla win with money to dealers. VW expects breakthrough EV battery. Musk still fuming over John Oliver roast. More.

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Tuesday Morning Auto News, Jan 02, 2024: @BYD bigger than $TSLA. @X worth less than a third of what @elonmusk paid. More.

We are back from vacation (and no, the earthquake didn’t get us.)  Happy New Year!

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World’s Largest Automakers: Fans of Musk, get in touch with reality.

We interrupt our Christmas holidays for some statistics. Fans of Musk predict with ever-increasing shrillness the imminent demise of the “legacy” automakers. If the legacy automakers would just listen. Look at the chart, showing the global sales of the world’s largest automakers for the months of January through November 2923. The chart either attests to the health of the “legacy” OEM, or it signals that fans of Musk need to have a few sessions with their psychiatrist – up to you.

The future of the automobile is electric, fans of Musk are convinced. The stats say otherwise. The list of world’s largest OEMs is led by the Toyota Group, an obstinate battery skeptic. Toyota Group has pierced the 10 million unit threshold, and there is one more month left on the calendar (Japanese OEMs report by the end of the following month, VW reports at the middle. Hyundai Group reports early in the month.)  What’s powering Toyota’s stats are strong sales of hybrid vehicles, which goes completely against the pure teachings of Elon Musk.

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We wish you a Merry Christmas, and a Dailykanban New Year. And now we’re closed.

According to a long-standing Dailykanban tradition, we close shop during the Christmas holidays. Heck, even Tesla’s German factory now follows our tradition. We will use the free time to dedust our severs, to get fat, and for a general goofing off period. Wherever you are, and whatever you may celebrate, we wish you smashing festivities. We shall return on Tuesday, Jan 2nd 2024.

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