Tesla saw a record quarter for deliveries, the company said early July, alleviating the worst fears about demand for the Elon Musk-led companys electric vehicles.The Model 3 maker handed over 95,200 cars to customers in the three months that ended in June, exceeding the previous best mark set in the last quarter of 2018. Teslas delivery count exceeded all but one analysts estimate in a Bloomberg News survey.While the results go a long way toward contradicting Teslas doubters, it remains to be seen whether this level of demand is sustainable or profitable. The US$3,750 U.S. federal tax credit buyers were eligible for was cut by half beginning July 1, and deliveries tailed off the last time the incentive shrank. Musk also has said the company will post a loss for the quarter, then report positive earnings in the second half.Tesla also left out of its statement any mention of its full-year forecast for 360,000 to 400,000 deliveries, a projection it re-affirmed in its release a quarter ago. Tesla representatives didnt respond when asked whether the company is sticking with its guidance. It will have to average more than 100,000 units per quarter in the second half to reach the low end of the range.Musk, 48, urged employees to go all out in the final days of Teslas first full quarter in which Model 3s made their way to buyers in Europe and China. Overseas demand contributed to deliveries of the sedan jumping to 77,550 units, more than all the vehicles Tesla handed over in the first quarter.The big picture is that something is happening around electric vehicles, said Gene Munster, a managing partner of venture capital firm Loup Ventures and longtime Tesla bull. The Model 3 is on fire.Several analysts raised their delivery estimates as the quarter came to an end, citing brisk sales to key European markets including Norway and the Netherlands, as well as the effect of incentives that Canada began offering in May to stoke purchases of battery-powered cars. Tesla doesnt break down deliveries by region in its release.One reason Wall Street remains concerned about Teslas profitability is shrinking demand for the higher-margin Model S and Model X. Combined deliveries dropped to 17,650 in the quarter, down more than 20 per cent from a year ago. Investors are concerned the cheaper Model 3 is cannibalizing the companys more lucrative vehicles.Tesla also said orders exceeded deliveries during the quarter and it expects to boost production and hand over more cars in the next three months. The number of vehicles in transit at the end of June was more than 7,400.Teslas Model 3 sales are far outpacing rivals. General Motors sold just 3,965 of its all-electric Chevrolet Bolt in the second quarter, while Volkswagens Audi delivered just 1,835 battery-powered E-Tron
Origin: Tesla paces record quarter for deliveries thanks to Model 3 gains
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Canada’s 10 most popular luxury vehicles in 2019’s first quarter – it’s an SUV game
2018 Mercedes-Benz GLC 350ePeter Bleakney / Driving It has not proven to be the kind of start many premium auto brands desired. After years of record-breaking performances, some of the most popular luxury brands kicked off 2019 with a whimper. Granted, auto sales on the whole are falling. After five consecutive record years, 2018 volume dipped marginally. Through 2019’s first three months, total industry volume has declined by more than 4 per cent. Plunging car sales and slowing pickup truck momentum deserve some of the blame, but decreased demand for many of Canada’s favourite premium-badged vehicles plays a significant role, as well. Mercedes-Benz, BMW, and Audi – Canada’s three top-selling premium auto brands – combined to lose 3,750 sales in 2019’s first quarter, a year-over-year drop worsened by decreases at Acura, Alfa Romeo, Lincoln, Jaguar, Land Rover, and Maserati. In total, premium brand auto sales are down by nearly 7 per cent. With no manufacturer-supplied monthly reports from Tesla, it’s difficult to obtain firm figures for the Model 3. Based on data from Canada EV Sales, Model 3 demand plummeted following Ontario’s rebate removal, from a high of 1,540 Ontario sales alone to merely 49 in January. For the time being then, there’s no Model 3 on this list of Canada’s 10 top-selling luxury vehicles in 2019’s first-quarter. With sales reports from the Global Automakers of Canada, these are Canada’s luxury leaders so far this year. 10. Infiniti QX60: 1,159, up 41 per cent No vehicle on this list has gone longer without a major redesign than the QX60, which debuted as the JX35 in early 2012. The QX60 has consistently been Canada’s favourite Infiniti despite the fact that it only partially veils its proletarian Pathfinder underpinnings. Yet having never topped 5,000 sales in the past, Infiniti is on track for over 6,100 QX60 sales in 2019. Infiniti’s other utility vehicles combined for a 16-percent uptick in Q1. 9. BMW X1: 1,283, up 2 per cent There’s no shortage of competition for the X1 right inside BMW’s showroom, but X1 sales continue to rise. Including the X1 and its X2 offshoot, sales of BMW’s two smallest utility vehicles are up 28 per cent so far this year. The duo combines to produce more than one-fifth of the brand’s Canadian volume. Gone are the days when BMW’s 3 Series was Canada’s top-selling premium automobile – the 3er only ranks fourth in BMW’s own lineup. 8. Acura RDX: 1,518, down 3 per cent Not likely to remain in the red, the new third-generation Acura RDX is just exiting the transition phase and is likely to soon see positive forward sales momentum. The RDX is hugely important to Acura, which has seen its car sales slow to a trickle (the RDX outsells Acura’s entire car lineup by a wide margin) and suffered meaningful MDX decline, as well. 7. BMW X5: 1,521, up 25 per cent On track for a huge year of more than 8,000 sales, the X5 is the most costly vehicle on this list of best sellers. Pricing begins above $70,000 – none of the others even start above $60,000. Yet the X5 is now producing significantly more sales than similarly sized mainstream SUVs like the Nissan Pathfinder, GMC Acadia, and Subaru Ascent. X5 demand was not slowed by the arrival of the larger X7 in March. BMW Canada reported its first 180 X7 sales while X5 volume jumped 30 per cent to 504 units. 6. Lexus NX: 1,544, down 2 per cent Anyone who thought the NX’s face was too controversial for mainstream success was, evidently, wrong. So common is the NX half a decade into its tenure that its divisive face is now almost normal. Nearly 30,000 NXs have found their way into Canadian driveways since 2014. Even if the current pace of modest decline continues in 2019, Lexus will still likely add over 5,500 more NXs to the tally by year’s end. 5. Lexus RX: 1,635, down 0.2 per cent Perennially a U.S. luxury sales leader, the Lexus RX remains popular in Canada despite a recent loss of momentum. The RX was long Lexus’ most affordable utility vehicle. Now, two nameplates – the NX and new UX – sit beneath the RX. Lexus has nevertheless expanded the RX lineup to include a three-row RX L, and that vehicle could swing the tide in the RX’s favour. March volume, for example, was up 20 per cent. 4. Mercedes-Benz C-Class: 1,640, down 35 per cent There is but one passenger car on this list of Canada’s 10 top-selling luxury vehicles. This is it. You won’t find the BMW 3 Series here, nor the Audi A4. Meanwhile, C-Class sales are plunging along with sales of its traditional rivals. A4 volume is down 40 per cent this year; 3 Series sales are down 38 per cent. The C-Class is outselling both, combined. 3. BMW X3: 1,653, down 14 per cent Although BMW is currently producing over 200 monthly Canadian sales with its specialty utility vehicles – the X2, X4, and X6 – the brand’s first forays into the luxury SUV market remain the most popular. With its X3, now in its third generation, BMW builds Canada’s third-best-selling premium
Origin: Canada’s 10 most popular luxury vehicles in 2019’s first quarter – it’s an SUV game
Canada’s 10 Worst-Selling Vehicles In 2019’s First Quarter
2019 Fiat 500 1957 EditionHandout / Fiat In part due to massive marketing campaigns, many Canadians know the Ford F-Series has been Canada’s best-selling truck line for 53 years, and that the Honda Civic has been Canada’s best-selling car for 21 consecutive years. Fewer will know that the Fiat 500L is on track to end 2019 as Canada’s worst-selling vehicle. Such a statement doesn’t lend itself to a radio jingle or high-energy television commercial. Canada’s most popular vehicles are ascendant. In a declining pickup truck market, F-Series sales are rising, driving Ford’s share of the full-size pickup market beyond 40 per cent. Despite a marginal downturn, the Honda Civic’s share of Canada’s car market is now above 13 per cent, up from 8 per cent a decade ago. Then there’s this group of Canada’s worst-selling vehicles, 13 nameplates that attracted 240 buyers in the first three months of 2019, or roughly the number of Civics sold by Honda Canada every day in March. It’s not just by the standards of Canada’s leading automobiles that these vehicles are embarrassingly uncommon. The Audi Q8, a decidedly premium SUV that is only in its launch phase, is twice as popular as these 13 vehicles combined. Canada’s top-selling premium vehicle, the Mercedes-Benz GLC, has a base price near $50,000, yet it generates 10 times the volume of these worst sellers. All of these worst sellers combined don’t produce as much volume as the Porsche 911, or Kia Stinger, or the $110,300 Lexus LX570. To determine the worst-selling vehicles in Canada in the first quarter of 2019, we narrowed the list of qualified vehicles to include nameplates with base prices under $100,000, excluded vehicles that weren’t on sale at the beginning of 2019, excluded two-seaters, and removed vehicles that had received their official cancellation papers. Vehicles that haven’t found a single buyer are deemed dead in the water, even if only temporarily, and are also given a reprieve. On the whole, these rules eliminate most vehicles that are automatically destined to be low-volume products in Canada. With figures from the Global Automakers of Canada, these are Canada’s 10 worst-selling vehicles in 2019’s first three months. T10. Fiat 500, Volvo S90, Jaguar XF What do a stoic Swede, a forgotten Brit, and a formerly beloved Italian have in common? Their level of Canadian unpopularity is identical, and sufficient to place them on this list of Canada’s worst-selling vehicles in 2019’s first quarter. The Fiat 500 is down 56 per cent, year-over-year, but that tells only a part of the story – Canadians initially snapped up 700+ Cinquecentos per month. The Volvo S90 is lost in a sea of tailgated Volvos – the company’s SUVs and wagons generate 85 per cent of its Canadian sales. The XF is par for the course at Jaguar these days: a sedan that never fared well now struggling to maintain any semblance of desirability in a market gone mad for luxury SUVs. T8. Maserati Ghibli: 29, down 24 per cent The Ghibli was initially Maserati’s route into the mainstream of Canada’s luxury market. While the Quattroporte and GranTurismo stuck to the very high-end clientele, the Ghibli would begin to reach downmarket. Relatively speaking, of course. That job is now the job of an SUV, the Levante. Just as the Ghibli found it a challenge, so too does the Levante. Sales of every Maserati are nosediving in 2019, from the Quattroporte’s 57-percent drop to the 91-percent GranTurismo decline, the Ghibli’s 24-percent decrease, and the Levante’s 25-percent downturn. T8. Jaguar XJ: 29, down 69 per cent Jaguar is now not so different from its Land Rover partner brand. Land Rover produces all of its sales from SUVs. Jaguar, a brand that only launched its first utility vehicle three years ago, is already at 82 per cent. The XJ is Jaguar’s longest-running nameplate and Jaguar’s flagship, but it’s also the brand’s least popular model. It’s part of a Jaguar car lineup that’s lost nearly two-thirds of its volume, year-over-year, in 2019. 7. BMW 6 Series: 27, down 69 per cent To be fair, two of the three 6 Series body styles hit the market with MSRPs well beyond our $100,000 maximum. But the 6 Series Gran Turismo is a sub-$80K car, and a scarcely seen one at that. BMW brought back the 6 moniker in 2012. Despite its challenging design statement, it proved to be a relatively successful venture for such a high-end coupe/cabriolet. BMW Canada averaged nearly 500 annual sales for the first half-decade. 6. Infiniti Q70: 18, up 13 per cent In 2019, it’s not easy to sell an upmarket sedan even if it’s a known entity; a once-beloved premium statement maker such as the Mercedes-Benz E-Class or BMW 5 Series. Imagine then what it’s like to try to sell an Infiniti Q70, a car that’s largely been ignored – and hence unknown – since it operated as the Infiniti M. Fewer than 2,400 have been in Canada sold over the last decade. 5. Lincoln MKT: 16, down 45 per cent The Canadian-built, Ford Flex-related,
Origin: Canada’s 10 Worst-Selling Vehicles In 2019’s First Quarter