Detroit Free Press (May 17)
“As car buyers rush to get in front of tariffs — which are widely expected to boost sticker prices — the flood of demand has been pushing new vehicle prices ever higher, with the trend unlikely to stop any time soon.” The average new vehicle sales price “in April surged 2.5% to $48,699 compared with March. Prices rose 1.1% compared with April 2024,” making it “the strongest April sales since 2021.”
Tags: $48, 2.5%, 2021, 699 Rose, April, Boost, Car buyers, Demand, Flood, Higher, New vehicle, Prices, Rush, Sticker prices, Strongest April, Surged, Tariffs
TechCrunch (February 11)
“Google is flailing” as it now tries to rush its AI strategy. In contrast, Microsoft seems to be nearing a break-away moment. “The move to integrate the latest GPT model… with Bing and Edge is a kind of forced hail mary, its last and best play in the search engine world.” This move has “clearly rattled” Google, causing its “leadership to swiftly transition from anxiety to full-on flop sweat.”
Tags: AI, Anxiety, Bing, Edge, Flailing, Google, GPT model, Hail mary, Integrate, Leadership, Microsoft, Rattled, Rush, Search engine, Strategy
Wall Street Journal (September 19)
“A few years ago, auto executives weren’t sure there would be enough buyers for plug-in electric models. Now, they worry they can’t build them fast enough, while they intensify a multibillion-dollar rush to accelerate timelines and bring factories online.” In July, EVs and PHEVs accounted for “five of the six fastest-selling vehicles in the U.S,” where EVs have tripled in vehicle share over the past two years as “sales of other types of vehicles have declined.” Waiting lists now exceed a year for new electric models at GM and Ford.
Tags: Accelerate, Auto executives, Buyers, EVs, Factories, Fast enough, Fastest-selling, GM, PHEVs, Rush, Share, Timelines, U.S., Vehicles, Waiting lists
Wall Street Journal (September 26)
“The American supply chain has so far failed to adapt to the crush of imports as businesses rush to restock pandemic-depleted inventories.” At the ports of Los Angeles and Long Beach, two major shipping gateways, *more than 60 ships are lined up to dock, with waiting times stretching to three weeks.” The obvious fix, switching to 24/7 operations, remains problematic due to a shortage of trucks, storage and workers.
Tags: 24/7, Businesses, Depleted, Failed, Imports, Inventories, Long Beach, Los Angeles, Pandemic, Ports, Problematic, Restock, Rush, Shipping, Shortage, Storage, Supply chain, Trucks, Waiting
INC. (July/August Issue)
IPOs are forecast to top 200 in 2019, raising approximately $70 billion. “If companies now seem to be rushing to the IPO market, it may be they sense that the risks of waiting are rising fast. VCs are taking advantage of the best opportunity to transfer that risk—and burn rate—to public stockholders.”
Tags: $70 billion, 2019, Burn rate, IPOs, Opportunity, Risks, Rush, Stockholders, VCs
