Wednesday, June 12, 2019

The hardest part is the waiting.

You just feel stuck. And it's just so weird that people are so tuned out that they don't even see that vehicle sales around the globe have collapsed. The UK fell by 44%

"The Society of Motor Manufacturers and Traders (SMMT) said earlier this month that car production fell by almost half in April, with an “extraordinary” drop from 127,970 cars rolling off production lines in April 2018 to 70,971 this year, a fall of 44.5%." Source.

India Fell 20%. You know shit is getting real when anyone talks about India.

"Sales fell 20.6% in May to 239,347 vehicles from a year earlier, according to data released on Tuesday by the Society of Indian Automobile Manufacturers (Siam). It was the biggest fall since a 22% decline in September 2001 and the seventh consecutive drop in monthly domestic passenger vehicle sales. Vehicle sales in India are counted as factory dispatches and not retail sales." Source.

And China down 26%.

"China car slump extends to a year with no rebound in sight … via @markets "Retail sales...fell 12.5% to 1.61 million units in May...That follows a 16.6% decline in April and a 12% drop in March." Chinese car brand sales down 26.5%. BIG number." Source.

But hey - Tesla is still meeting production goals! I guess. You just feel like you are living in a mirage.

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