Stellantis-owned Jeep's US sales are down 34% since 2018, now cuts Jeep Gladiator production after ending internal combustion Renegade and iconic Cherokee

 

The electric vehicle idiots running this company into the ground should all be fired. Just build reliable combustion engine SUVs people can afford and don't start on fire while parked in the garage.

How hard can it be?

 

 Reported here in September:

Jeep’s U.S. sales have plummeted 34% from an all-time high of more than 973,000 SUVs sold in 2018 to less than 643,000 units last year. While most auto brands increased sales last year, Jeep was off by about 6%.

The most recent declines follow the company ending production last year of the entry-level Renegade and the Cherokee compact SUV — two mainstream models with peak U.S. sales of around 300,000 units annually from 2016 to 2019. ...

Jeep also is attempting to increase the quality and reliability of its vehicles, which have historically ranked below average in third-party rankings. ... Jeep on Monday confirmed it is cooperating with U.S. auto safety regulators on an investigation into more than 781,000 newer Jeep Wrangler and Gladiator SUVs after reports of underhood fires.

 

Reported here yesterday:

Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at a Jeep plant in Ohio.

The company, which has been battling high inventory levels and lower earnings this year, said the decision at its Toledo South Assembly Plant to cut production to one shift will better align output with demand of the Jeep Gladiator pickup — the factory’s sole product.

 

Stonks went bananas today

 

how it started

how it went

LOL, Politico's John Harris says Trump's success is built on a movement of contempt for people in the media like himself

It's about THEMSELVES, you see, not about the issues, about mere ephemera, not about real things. The narcissism is absolutely amazing.

He misunderstands that the contempt is just a twofer:

People are drawn to Trump and the contempt he expresses toward his opponents, especially liberal politicians and the news media, precisely because of the contempt he draws in return. This is the through line of his politics.

 

Kammunism tossed on the ash heap of history

 

Trump-Vance for the win with PA and AK just now to hit 270

 

A US serviceman hurt while building Joe Biden's failed Gaza Hamas-aid pier has died of his injuries

Joe's administration began with the deaths of US soldiers in the ignominious Afghanistan withdrawal, and ends with the death of a US soldier in the ignominious attempt to help the enemy which attacked America's ally Israel on October 7, 2023.

I wonder if Kamala can think of anything now that she would change.

 

Win one for the squirrel

 

They'd need fewer abortions if they didn't bang so much

 

George W. Bush hasn't endorsed Kamala Harris because he is too busy painting all the new people she let into the country

 

Global population exploded from 1950 because the world turned to cheap, abundant fossil fuels, but Kamala Harris' energy adviser thinks fossil fuels are a death cult

 

75+ million votes already cast

 Nearly half of 2020's electorate have already cast ballots in 2024

Around 100 million people voted early, either in person or via mail, in 2020. ... Of those who have cast their vote so far in states that report party registration data, Democrats hold a slight lead — 37.9% to 36.2% — per [University of Florida Election Lab's] count.

The weather forecast for Election Day 2024 looks pretty miserable in much of the country

 

Hear me now and believe me later

Here's my forecast. Harris by 1 in NV, by 3 in NH. Trump by 2 in AZ and NC, by 1 in MN WI MI PA and GA.

 

 

To believe the Des Moines Register's suddenly dropped poll in Iowa showing Harris +3 you have to believe Emerson College Polling is a Trump operation lol

 

Ford Motor F-150 Lightning EV pick-em-up-truck sales are a JOKE, and the mainstream media propaganda stories don't tell you that, if they cover the story at all

  Ford sold 7,162 units of the Lightning in Q3 2024, up from the 3,503 units in Q3 of last year. ... Year-to-date, Ford sold 22,807 F-150 Lightning EVs. ... 

[22,807 units lol. Ford sold nearly 751,000 F-series pick up trucks in 2023, so that's like 3% of the 2023 total]

Overall, Ford’s all-electric vehicle sales in the third quarter of this year amounted to 23,509 units, up 12.2% from last year’s 20,962 vehicles. Year-to-date, Ford sold 67,689 EVs, up 45% compared to last year’s 46,671 units. ...

Ford sold 432,429 combustion-powered vehicles in the third quarter, down 2.8% year-over-year, and 1,340,139 units year-to-date, down 1.8% year-over-year.

Reported here. 

That means year-to-date total EV sales are just 5.05% of total combustion-powered vehicle sales year to date.

People aren't buying these dogs.

None of these stories mention these facts.

CBS: Ford to pause production of F-150 Lightning electric pickup trucks

CNBC: Ford to halt production of electric F-150 Lightning next month until January

MarketWatch: Ford to Pause Production of F-150 Lightning EV Pickup Trucks

Reuters, to it's credit actually reported some actual numbers: Ford to halt production of F-150 Lightning EV pickup trucks for six weeks :

Ford said this month its Ford-brand U.S. EV sales are up 45% this year and sales of F-150 Lightning more than doubled to 7,100 in the three months ending Sept. 30 - thought [sic] they still represent just 3.6% of all F-Series pickup sales.     

If Ford is smart it will abandon this boondoggle which is going to cost it $5 billion plus in 2024 and even more going forward and just stick with hybrids and hope Donald Trump fixes this mess.

When California's not the worst, New York is: Department of Conservation seizes man's rescue animals, Peanut the Squirrel and Fred the Raccoon, and euthanizes them

 Because some asshole complained.

People have been complaining for what seems like forever about all the diseased illegals flooding the country, but the Feds and the state of New York don't check them, now do they?

TMZ. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Orphaned squirrel who became social media star was euthanized after being seized from home

 

Joe Biden's National Security Adviser Jake Sullivan is married to this woman, Maggie Goodlander, who is running for the US House in New Hampshire District 2, except she doesn't really live in it

Goodlander's home is currently out of district in Portsmouth and she is worth a lot of money, with median estimated assets of $24 million.

She's renting an apartment in the congressional district in Nashua in order to qualify to run and is being called a carpetbagger. She was born and raised in Nashua, however.

The Republican has median estimated assets of $6.3 million and isn't exactly a native of the district. She has resided in the district since sometime after 2016 when she ran for US Senate from Colorado as a Libertarian Party candidate.

She really lets Goodlander have it, though, for pretending to understand the problems of middle class people, and of using her wealth to take an apartment away from somebody poorer and more deserving during a period when housing is very unaffordable just so she can run for this seat.

She has a point.

Meanwhile Goodlander is a dyed in the wool progressive with deep connections to people like Merrick Garland and Stephen Breyer, and of course Jake.

Here.

Kamala Harris waps it up with an endorsement from Cardi B

 Yes, I said waps.

Cardi also has other advice lol.

Democrats are funny things

 

Stocks remain wildly overvalued and seriously underperforming

 The S&P 500 averaged 5,792.32 in October 2024 (the all-time high was on 10/18 at 5,864.67).

Nominal GDP was updated on Oct 30th at $29.349924 trillion for 3Q2024.

That yields a ratio of SPX/GDP of 197.35 vs. median of 81.

Stocks remain wildly, obscenely, off-the-chart overvalued.

The formula is GDPx = SPX.

29.35(81) = 2,377.

The market would have to fall 3,415 points just to hit median valuation at current GDP, or about 59%.

You can see a similar analysis here, where the median is 79.7 vs. current 200.7.

Real return from SPX since Aug 2000 is now about 5.1% per annum vs. 7.4% before that (including the Great Depression, the depression of 1920, and every collapse before that going back to 1871), 31% worse.

We are living through developments echoing the lunatic era of the 1920s, which ended in tears.

Owe no man anything . . ..