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Discussion Starter · #1 · (Edited)
August is the month the microchip and parts shortage and associated idling of numerous local factories finally took their toll on the U.S. new light vehicle market. It is estimated by Morgan Stanley at 1.095 million sales, a vertiginous -17% year-on-year drop. The year-to-date tally is now up 19% to 10.690.000, and given the supply situation isn’t likely to improve much in the coming months, LMC Automotive has lowered its Full Year 2021 forecast from 16.9 million to 15.7 million in the space of a month. According to Motor Intelligence, the Seasonally Adjusted Annualised Rate of sales (SAAR) is down to 13.09 million, the lowest figure since June 2020 (13.23 million), to be compared with 18.5 million last April and 15.18 million in August 2020.

Relatively strong demand and short supply means carmakers are less likely to offer generous incentives According to J.D. Power, the average incentive per new light vehicle is off -54% year-on-year to $1.823 vs. $3.955 a year ago, while TrueCar has it at $2.432, down 39% year-on-year. The manufacturers lowering their average incentives most dramatically are Nissan (-50%), Ford (-45%), Kia (-45%), GM (-39%), Hyundai (-39%), Stellantis (-38%) and the VW Group (-38%), while at the other end of the scale we have Honda (-26%), BMW (-27%), Daimler (-29%), Toyota (-34%) and Subaru (-36%). Much lower incentives mean higher transaction prices, up 5.9% year-on-year in August to $38.520 according to TrueCar. Daimler (+13%), Ford (+13%), Stellantis (+12%) and Nissan (+11%) increase their pricing the most while BMW (+1.1%), Toyota (+2.8%), the VW Group (+3.1%), Subaru (+4.1%), Honda (+4.8%) and Kia (+5.8%) show the smallest upticks.

Group-wise, Toyota Motor (-2%) just dips into negative to remain easily ahead of all reporting manufacturers (7 OEMs) and sports a 42.7% lift year-to-date. Ford Motor (-33.2%) takes the hardest hit in market but returns above Hyundai-Kia (-1.3%) and American Honda (-15.6%). Looking at reporting brands, Toyota (-2.4%) is in the lead as well ahead of Ford (-32.7%) and Honda (-17.9%) both in difficulty. Hyundai (-3.7%) and Kia (-5.3%) manage to keep their losses to the single digits, unlike Subaru (-14.7%) and Lincoln (-44.3%). Despite the gloomy context, some carmakers do manage a year-on-year gain, such as – in order of sales – Mazda (+4.6%), Lexus (+0.5%), Acura (+4.7%) and Volvo (+3.1%) posting a 15th consecutive month of gains. Finally Genesis (+265.8%) is up almost 4-fold thanks to two new SUVs.

Looking at models with available August data, the blockbusters bite the dust: the Ford F-Series (-22.5%), Toyota RAV4 (-24.4%) and Honda CR-V (-18.8%) all fall faster than the market, unlike the Toyota Camry (-3.1%). The Toyota Corolla (+15.6%) impresses with a rare double-digit gain in this SUV-centric era. Among the 10 best-selling vehicles with August data, the Mazda CX-5 (+11.5%) also manages a sturdy uptick. Further down, notable performers include, in sales order, the Toyota 4Runner (+34%), Subaru Crosstrek (+12.2%), Hyundai Elantra (+19.8%), Honda HR-V (+21.2%), Kia Forte (+10%), Toyota Sienna (+119.8%), Kia K5 (+100%) and Lexus NX (+43.8%). The Ford Bronco Sport is the best-selling recent launch with 6.698 sales, distancing the Ford Bronco (2.730) while the Hyundai Santa Cruz is up to 1.252.


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There is a lot Japanese & South Korean brands sitting up the top of the sales charts, the classic Ford F-Series pick-up is looking very lonely at the top without GM & Stellantis sales details.

Lincoln seems to be dragging all brands US monthly sales average down.

I guess this is what happens when you export your chip manufacturing jobs overseas, a massive loss of sales revenue. l guess you still have to pay all the idled workers car assembler's in the US as well..
 

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Discussion Starter · #4 ·
When are the chip supply shortages going to end 2022?

Does anybody know?
 

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Does anyone know what happened to chip availability? Meaning all of the manufacturers were forecasting improved chip availability in the second half and in the last month are now revising their forecasts downward. But I've not heard a reason as to why expected availability is not there.
 

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I just wonder if they will have learned anything by all of this BS, and secure their supply chain a little better as to sort of insulate themselves from crap like this somehow.
 

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Does anyone know what happened to chip availability? Meaning all of the manufacturers were forecasting improved chip availability in the second half and in the last month are now revising their forecasts downward. But I've not heard a reason as to why expected availability is not there.
I think Covid is taking a second hit over there in their manufacturing sector, but I'm not sure.
 

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1000 Bucks for a Digital Edition PS5!!!! from retail stores!!.... Stock X still has them for Market Value at 700-800
 

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1000 Bucks for a Digital Edition PS5!!!! from retail stores!!.... Stock X still has them for Market Value at 700-800
I'm just about to say fugit and just plop down 2k on a gaming PC....Once I'm finished w/ building this desk, I'm going to go ahead get that party started.
 

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I'm just about to say fugit and just plop down 2k on a gaming PC....Once I'm finished w/ building this desk, I'm going to go ahead get that party started.
Good luck, half of that budget will be needed to get yourself a mid range gpu card.

1000 Bucks for a Digital Edition PS5!!!! from retail stores!!.... Stock X still has them for Market Value at 700-800
Yup inflation sucks, the prices are only going to continue to climb too.
 

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Good luck, half of that budget will be needed to get yourself a mid range gpu card.


Yup inflation sucks, the prices are only going to continue to climb too.
I'm going w/ a 3070ti build...that should be enough
 

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I'm going w/ a 3070ti build...that should be enough
Yeah a 3070 should be a good card for a while, have you bought one yet though?

I was tempted to drive a hundred+ miles into boston to a microcenter which had a 3060 listed as available.a few weekends ago though almost $600 for what would been a $200-250 dollar card not even 2 years ago makes me want to puke! I know my 1070 isn't going to last much longer though, i have stopped gaming on it because i don't want to risk it developing a problem because the thing runs at the surface temperature of the sun while gaming.

So wish i would of upgraded my gpu before covid and mass inflation hit, now i will have to spend high end money for mid grade performance!:mad:
 

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Yeah a 3070 should be a good card for a while, have you bought one yet though?

I was tempted to drive a hundred+ miles into boston to a microcenter which had a 3060 listed as available.a few weekends ago though almost $600 for what would been a $200-250 dollar card not even 2 years ago makes me want to puke! I know my 1070 isn't going to last much longer though, i have stopped gaming on it because i don't want to risk it developing a problem because the thing runs at the surface temperature of the sun while gaming.

So wish i would of upgraded my gpu before covid and mass inflation hit, now i will have to spend high end money for mid grade performance!:mad:
Thankfully, I have none of these issues with my Camaro's :)
 

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Yeah a 3070 should be a good card for a while, have you bought one yet though?

I was tempted to drive a hundred+ miles into boston to a microcenter which had a 3060 listed as available.a few weekends ago though almost $600 for what would been a $200-250 dollar card not even 2 years ago makes me want to puke! I know my 1070 isn't going to last much longer though, i have stopped gaming on it because i don't want to risk it developing a problem because the thing runs at the surface temperature of the sun while gaming.

So wish i would of upgraded my gpu before covid and mass inflation hit, now i will have to spend high end money for mid grade performance!:mad:
Its in my cart on Amazon, couldn't find one for under 2500 on BB, so I'm going with a sketchy-ish offering on Amazon, I don't have it in me anymore to build one from scratch...It's just waiting on me to click the buy now button. It's an impulse buy that I'm trying to fight. My impulses are a MFer, I almost impulse ordered a Mach E a few weeks ago.
 

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Its in my cart on Amazon, couldn't find one for under 2500 on BB, so I'm going with a sketchy-ish offering on Amazon, I don't have it in me anymore to build one from scratch...It's just waiting on me to click the buy now button. It's an impulse buy that I'm trying to fight. My impulses are a MFer, I almost impulse ordered a Mach E a few weeks ago.
Lol man SD a prebuilt computer is one thing, but a 40k plus ev car lol...

Make sure you look at the fine details of the prebuilt, i have watched some youtube reviews and yikes with some of the things manufactures are doing right now with them.
 

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Oh, by the way, if the market sinks by -17%, it means the market grew by 17%.

Math.:p
 
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