
American becoming less great again as Chinese tariffs backfire on the beleaguered, inconsistent and chaotic Trump mis-Administration.
China’s Passenger Vehicle (PV) wholesale sales) in August fell by -8.6% year-on-year (YoY) to 1.71 mn units, while the Light Commercial Vehicle (LCV) segment contracted by -4.0% YoY to 0.24 mn units. The overall Light Vehicle (LV) market ended the month with a decline of 8.1% YoY, on total sales of 1.80 mn units, says consultancy LMC.
Chinese passenger production improved in August, with a drop of -0.7% to 1.66 mn units, recovering from the double-digit declines seen in recent months. LCV output fell by – 0.9% to 0.24 mn units. LV output was down by 0.8% YoY, on total build of 1.90 mn units. Now that vehicle stocks have been unwound, OEMs no longer are carrying bloated inventories and are preparing to resume normal production rhythms, says LMC. However, LMC decided to make a further cut to the passenger vehicle growth forecast for 2019, from -5.5% to -7.4%. This is bad news for the global economy in general and the Detroit Three.












Amazon Selling Level 2 Electric Vehicle Home Chargers
With a charging power of up to 7.6kW, it’s about 6 times faster than the typical Level 1 charger.
Electrify America today announced that it is offering Level 2 electric vehicle home chargers beginning today, customers can purchase the Electrify America Electric Vehicle Home Charger on Amazon for $499. The home charger is also at electrifyamerica.com/charging-at-home.
The Electrify America Electric Vehicle Home Charger is compatible with all electric vehicles available in the North American market today. It has a charging power of up to 7.6kW – about 6 times faster than the typical Level 1 charger provided to some new EV owners, depending on vehicle make and model. Continue reading →