The price of oil goes in the dumpster for every reason on the planet. In the meantime gas is $1.10 a liter in the GTA, and in case you have not noticed premium has crept up to an additional 22 cents per liter. Lets just say that somebody is making some money retailing oil converted to gasoline at $1.10 a liter.
In Canada we are a nation of borrowers that are headed for a "wall" at some point. We are a consumer economy enabled by a myriad of forces to remain a consumer economy. Its the Canadian consumer that keeps Canada rolling along. Yes...CMS (Citizen Main Street) as we call him.
Auto sales are through the roof, enabled by the same forces upholding the consumer economy...we call it free flowing money. Other folks are always trying to find new meaning in reading the tea leaves.
On a different note
Perhaps you remember the old saying "Sticking your foot in your mouth"...in an age of social media, everybody is on 24/7. This past week we had a politician, and a soccer fan stick both feet and then some in their mouths. The politician went on damage control, and the soccer fan paid the price.
One more thing
The Canadian infatuation with real estate that keeps a ton of businesses going in one fashion or another, in addition to keeping a myriad of pundits going all day long.
From a car business perspective the old saying "What is a car worth?" the answer "The price that the individual who bought it paid for it."
Are we in a new Canadian reality with a bunch of folks attempting to grasp the future through the rear view mirror?
What do you think?
You know that we love horsepower...
In case you missed it live, last Saturday's Kentucky Derby, the 3 leading horses were trading sweat up to the finish line.
This past week end the "Royal Vic" in Montreal closed permanently. The passing of a long established hospital, replaced by a new facility The Glen.
Why are we talking about the Royal Vic this morning?
A few decades ago, 2 members of the Strada Crew were born at the Royal Vic.
The Colonel had a hand and a shoulder fixed at the Royal Vic. The hand was an unfortunate accident, and the shoulder the result of a hockey game.
For generations the hospital was the go to medical facility in Montreal, on the slope of the mountain with iconic architecture. The result of folks residing in the "Golden Mile" wanting their own hospital close the the university back in the days when Montreal was literally the epicenter of Canada.
Although no longer an operating hospital, the various buildings remain a compelling Montreal landmark.
Lets not forget the Mc Gill University student dormitories a little farther up the hill.
Have you noticed that with the #DareGreatly campaign the Cadillac conversation has ramped up especially in auto industry circles.
At a time when anyone can share their thoughts, there is no drought of opinions on what Cadillac should do and not do ro regain a better position in the luxury segment. What is fascinating, its mostly the same comments and opinions that have been floating around for years that re emerge every time.
Its like an old vinyl record or a CD either one with a few scratches that gets played, replayed over and over. Some things never change.
Lets take a different look at Cadillac this morning? As Edith Piaf surmises "Je ne regrette rien" in 2015 Cadillac is making a bold statement that its daring greatly and regretting nothing. While seeking a younger customer base for its product.
We believe that in the auto business the product remains a strong factor towards sales success. The ATS and CTS are world class luxury cars. Yes...it cost more to engineer and build a world class car. The Escalade is in its own bubble, the SRX keeps on selling.
Formidable, unrelenting, and superior to Cadillac. MerBimAu Advantage is a brief summary. One simple point the folks at Cadilac should be aware that in Canada a Cadillac showroom/service reception shared with every other GM product is a far cry from the stand alone brand specific MerBimAu showrooms/service receptions.
How competitive are the customer touch points around the product?
Perhaps the only stand alone (similar to MerBinAu) dealer in Canada is Cadillac Laval.
World class product, less world class customer touch points, accompanied by a world class price reflecting the product, while overlooking the touch points and experience.
Cadillac should recalibrate its price in relation to the entire ownership spectrum. Especially as it relates to a younger customer base. Every entry luxury manufacturer is marketing to the same customer base, and expects to increase their share.
The majority of luxury cars are leased in Canada. Cadillac is no exception, most ATS's are leased. We know that a leased vehicle if the ownership experience is excellent generates a higher loyalty.
The folks at Cadillac have an attitude that its a great car, at a world class price, while forgetting that its a tired brand that does not fully resonate with the customer base they are seeking. A MerBimAu in the drive way makes a stronger statement than a Cadillac.
When Cadillac was the standard of the world, there was nothing else around, MerBimAu was a figment of the imagination 2 generations ago. The segment was for Cadillac to keep, and someone else to earn.
"Je ne regrette rien"...."Est ce que je suis plus sage?"
Saturday morning nostalgia on this last day of February Miss You with Buddy Guy, Ronnie Wood, Johnny Lang. By now you know that we are not just about cars...catch the moment Buddy Guy breaks a string on his Stratocaster.
We tend to take headlamps for granted, especially that for the past few years they have turned into a light show, and in some instances become a brand identifier.
Lets go back for a moment to the sealed beam headlight that was the mainstay of the industry for decades. The 7 inch round sealed beam with the high beam button on the floor. That sealed beam provided some sort of visibility compared to today, although at the time we did not know better.
The industry progressed from single round , to double round, to double rectangular, always a sealed beams that provided visibility. While the high beam button that was on the floor progressed to the turn signal stalk on the steering column.
Back in the day, at some point you surely concluded that you could overdrive the headlamps on your car especially on a dark secondary road. As most enthusiasts you started seeking a headlamp that provided more light and speed.
The immediate fix was to install a set of "driving lights" if the car provided space to install driving lights. It was also a cool factor to have driving lights on your car. On heavy duty trucks for decades Per-Lux driving lights mounted in a bumper extension were the cool factor.
An alternative was to exchange the sealed beams which were inexpensive; for headlamps with halogen bulbs that provided a dramatic improvement in lighting, and increase in price. Obvious halogen provided more light, and speed prior to overdriving the headlamps. Some halogen headlamps accumulated humidity which deteriorated the reflector.
At one point manufacturers too adopted halogen headlamps.
The advent of Xenon (HID) headlamps was the next big step. They were expensive as an option, and expensive to repair.
Now its LED headlamps which are increasing in popularity. We all know that Audi for the past decade has been a pioneer with LED lighting. Today all luxury cars have one form or another of LED lighting in their headlamps.
Agreed...the headlamp light show gets even more interesting with the increase in SUV/CUV and lights being higher off the ground, and many folks augment the light show with their driving/fog lights.