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Ford, GM To See Sharp Q3 Sales Drop As 2022 Outlook Worsens

Ford (F) could see a 37% drop in U.S. auto sales for the third quarter, outpacing a 29% drop for General Motors (GM). The projected drops come after the U.S. auto giants idled factories due to a shortage of chips and other disruptions to global supply chains weighing on vehicle inventories in dealer lots.
ECONOMY
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automotive-fleet.com

New Vehicle Sales Stall in September

September U.S. auto sales are forecast to be significantly hampered by an ongoing lack of new-vehicle inventory, according to a forecast released Sept. 27 by Cox Automotive. The pace of auto sales, or seasonally adjusted annual rate (SAAR), is expected to finish near 12.1 million, the slowest pace since May 2020, when much of the country was closed during the first wave of the COVID-19 pandemic. The September 2021 sales pace will be down from August’s 13.1 million pace and down from the September 2020 pace of 16.3 million.
RETAIL
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TRENDING TOPICS
autodealertodaymagazine.com

Automotive Forecast: New-Vehicle Sales Stall in September

ATLANTA – September U.S. auto sales are forecast to be significantly hampered by an ongoing lack of new-vehicle inventory. According to a forecast released today by Cox Automotive, the pace of auto sales, or seasonally adjusted annual rate (SAAR), is expected to finish near 12.1 million, the slowest pace since May 2020, when much of the country was closed during the first wave of the COVID-19 pandemic. The September 2021 sales pace will be down from August’s 13.1 million pace and down from the September 2020 pace of 16.3 million.
RETAIL
ypagency.net

Bahrain’s regime continues to arrest, summon citizens

MANAMA, Sept. 26 (YPA) – The Bahraini regime continued its barbaric campaign of arrests against citizens, the RASD Monitoring Network said. In September 2021, Manama’s security services reportedly arrested two brothers after raiding their home in the Bahraini town of Saar. RASD Monitoring network identified the two as Mohammed &...
WORLD
visitdallas.com

Betye Saar: Call and Response

One of the most significant assemblage artists working today, Betye Saar (born 1926, Los Angeles) addresses spirituality, gender, and race in her art. Part of the strong Southern California tradition of artists using found objects (including Edward Kienholz, John Outterbridge, and Noah Purifoy), she combines items typically discovered at flea markets and secondhand stores into conceptually and physically elaborate creations. Saar's creative process, however, does more than reflect on the outside world; she ruminates on and plays with objects and ideas, making sketches inspired by specific items in her possession. These sketches form an essential part of what she considers the mysterious transformation of object into art.
VISUAL ART
culturemap.com

Nasher Sculpture Center presents Betye Saar: "Call and Response" opening day

All events are subject to change due to weather or other concerns. Please check with the venue or organization to ensure an event is taking place as scheduled. The Nasher Sculpture Center will present Betye Saar: "Call and Response," the first exhibition to examine the relationship between Saar’s sketchbooks, which she has kept since the late 1960s, and her finished works. Organized for the Los Angeles County Museum of Art by LACMA’s Senior Curator of Modern Art, Carol S. Eliel, the exhibition features approximately 40 objects and covers the span of the artist’s career, including work from her early years through the present day.
MUSEUMS
Strategy Page

Surface Forces: The Last Saar

September 27, 2021: On August 30 the last of four Saar 6 corvettes arrived in Israel from Germany, where it was built. This comes eight months after the first one arrived from Germany, where the Israeli crew conducted sea trials and other tests before making the two-week voyage to Israel. The other three did not linger in Germany and the Israeli crews quickly brought their new ships home. These new ships had all the electronic equipment for the trip to Israel installed in Germany. But Israeli designed electronics and weapons systems are installed once the ships are in Israel, a process that takes several months. The German builders install structures as well as power connections and wiring so the Israeli-made equipment can be quickly installed. These weapons and electronics are Israeli designed and built, and contain a lot of tech that Israel does not share. This sometimes causes problems with foreign supplied ships and aircraft. For example, Israel was one of the first export customers to receive the American F-35 stealth fighter. Israel planned to install their own modifications to the complex software systems that give the F-35 unique capabilities. The Americans initially refused to give Israel access to the source code for that software so that modifications could be made in Israel by Israelis. The U.S. and Israel have a long and successful history of jointly developing new weapons systems and those deals usually involve sharing new tech with each other. The U.S. considered the F-35 a special case and it took months of negotiations before Israel was allowed to make its modifications to the software. Details of that deal were kept secret but the Israeli version installed in the unique Israeli F-35I were apparently shared with the United States. The F-35I was the first F-35 to operate in a combat zone (Syria) and use that tech against the most modern Russian air defense and EW (Electronic Warfare) systems. The U.S. apparently got access to the results of those encounters, which were successful and somewhat alarming for the Russians and Iran.
calculatedriskblog.com

New Home Sales Increase to 740,000 Annual Rate in August

The Census Bureau reports New Home Sales in August were at a seasonally adjusted annual rate (SAAR) of 740 thousand. The previous three months were revised up, combined. Sales of new single‐family houses in August 2021 were at a seasonally adjusted annual rate of 740,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 1.5 percent above the revised July rate of 729,000, but is 24.3 percent below the August 2020 estimate of 977,000.
REAL ESTATE
sgtreport.com

Home Sales Fall from Year Ago, Prices Down for 2nd Month, Price Reductions Jump: This “Deceleration” Despite Massively Negative Real Mortgage Rates

Sales of single-family houses, condos, and co-ops fell by 2.0% in August from July, and by 1.5% from August last year, to a seasonally adjusted annual rate of 5.88 million homes, according to the National Association of Realtors today (historic data via YCharts):. TRUTH LIVES on at https://sgtreport.tv/. Sales of...
REAL ESTATE
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