Connect with us

San Diego, CA

Car sales in San Diego sputtering this year

Published

on

Car sales in San Diego sputtering this year


New car sales in San Diego — as well as California — are stuck in neutral this year, as high sticker prices and burdensome financing costs keep a sizable number of potential customers away.

Registrations in the state for new vehicles through the first nine months of 2024 were down 1.7% compared to the first three quarters of last year, according to data from the California New Car Dealers Association, while national sales figures were up 2.7%.

San Diego County figures were slightly better than statewide numbers, but only slightly — down 0.7% through the first three quarters.

“Looking at our economist’s analysis of a market, it feels like we’ve reached a new sales plateau,” said Brian Maas, president of the car dealers association.

Advertisement

According to Edmunds.com, the average price of a new vehicle in the U.S. as of September climbed to $47,431 and the average price of an all-electric vehicle came to $59,723. Even used cars are not very cheap, with the Edmunds average coming to $27,422.

“You literally cannot buy any vehicle today for the same price that you bought it five or six years ago,” said Ivan Drury, senior manager of auto insights at Edmunds. “And financing is a huge problem now.”

While the Federal Reserve lowered interest rates in September as inflation has cooled, Edmunds data show that as of last month, the average interest rate to finance a new car in the U.S. came to 7.3% and the average monthly payment was $742.

“It’s like consumers are getting hit left and right,” Drury said. According to Edmunds’ analysis, in the third quarter of this year, the average vehicle in the U.S. is on the lot 57 days before it gets purchased, compared to 37 days during the same time last year.

The California New Car Dealers Association anticipates the number of registrations in 2024 will come to about 1.75 million, which is slightly lower than the 1.77 million recorded last year. That’s a far cry from state sales figures that hovered around 2 million registrations per year prior to the pandemic.

Advertisement

The industry hopes that pent-up demand will eventually entice consumers back into a buying mode, especially if interest rates continue to decline.

The third quarter numbers reflected mixed messages for California’s hoped-for transition from gasoline-powered cars and trucks to electric vehicles.

On the positive side, all-electric battery and plug-in hybrid vehicles combined to make up 25.6 percent of the market in new vehicle sales and leases through the first nine months of this year — by far the highest numbers for any state.

But the rate of adoption of battery-electric vehicles, or EVs, has increased just seven-tenths of a percentage point through the third quarter of this year compared to 2023 and the market share of plug-in hybrids was flat — 3.4 percent in 2023 and 3.4 percent through Q3.

Four years ago, Gov. Gavin Newsom issued an executive order mandating the elimination of sales of all new gasoline-powered passenger vehicles in California by 2035. And in fewer than two years, the first of a series of state-imposed targets will start rolling out.

Advertisement

Under standards passed by the Air Resources Board, at least 35 percent of model year 2026 passenger cars and trucks sold in the state must be electric vehicles, plug-in hybrids or hydrogen fuel cell vehicles. The numbers ramp up each year, going to 68% in 2030 and 100% by 2035.

“As the mandates kick in, are there going to be enough customers to support the requirements that the mandate requires?” Maas said. “Sales continue to go up, but they’re not going up by leaps and bounds.”

Under definitions set by state policymakers, battery-electric, plug-in hybrids and hydrogen fuel cell vehicles qualify toward meeting California’s zero-emission target.

Hybrid vehicles that do not have plug-ins have been posting robust sales figures — not only in the Golden State but across the country — but they do not count under the state’s mandate because they use gasoline.

The third-quarter numbers showed the top-selling car across the state is still the all-electric Tesla Model Y. It racked up more than twice the number of registrations than California’s No. 2-selling car, the Toyota RAV4. The Tesla Model 3 finished sixth.

Advertisement

But statewide registrations for all Tesla models are down 12.6% compared to last year.

Analysts have offered a number of possible reasons why — including the potential sales effect of Tesla founder Elon Musk weighing in political issues after buying X (formerly Twitter) and actively campaigning for Donald Trump for president.

But Drury thinks a primary reason is simply because the number of EVs available is expanding, as other carmakers roll out their own models.

“There’s more competition,” he said. “The Model Y is kind of like the default purchase versus the Model 3 when you’re looking at the Tesla lineup, so it’s kind of a cannibalization of sales there.”

Behind the Model Y and Model 3, the Hyundai Ioniq 5 was No. 3 among top-selling zero-emissions vehicles in California through the third quarter with 11,711 registrations. The Ford Mustang Mach-E finished fourth, with 8,013.

Advertisement

Top-selling models in California

(for 2024, through September)

  1. Tesla Model Y     105,693
  2. Toyota RAV4        49,810
  3. Honda Civic          40,741
  4. Toyota Camry       40,025
  5. Honda CR-V          37,759
  6. Tesla Model 3        37,219
  7. Toyota Corolla       29,341
  8. Chevy Silverado    28,029
  9. Ford F-Series         26,753
  10. Honda Accord        25,240

Sources: California New Car Dealers Association and Experian Automotive

 



Source link

Advertisement

San Diego, CA

SD Unified moves forward with layoffs of classified employees

Published

on

SD Unified moves forward with layoffs of classified employees


SAN DIEGO (KGTV) — Less than 3 weeks after the San Diego Unified School District finalized a new contract with teachers, the school board voted unanimously on Tuesday to move forward with layoff notices for other district employees.

The layoffs affect classified employees — workers who are employed by the district but are not teachers and are not certified. That includes bus drivers, custodians, special education and teacher aides, and cafeteria workers.

The district says it is eliminating 221 positions — 133 that are currently filled and 88 that are vacant — to save $19 million and help address a projected $47 million deficit for the next fiscal year.

Preliminary layoff notices will go out on March 15, with final notices by May 15.

Advertisement

The district estimates about 200 classified employees will receive preliminary notices, but of them, about 70 are expected to lose their jobs based on union-negotiated bumping rules.

Bumping allows employees with more seniority to move into another position in the same classification, thereby “bumping” a less senior employee out of that role.

Lupe Murray, an early childhood special education parafacilitator with the district, said the news came as a shock after the teacher strike was called off.

“When the strike was called off, I’m like, ‘Yes!’ So then when I got the email from the Superintendent, I’m like, ‘Wait, what?’ So, I think everyone was shocked,” Murray said.

The district says it sends out annual layoff notices, as all districts in the state do.

Advertisement

Before Tuesday’s board meeting, classified employees rallied outside, made up of CSEA (California School Employees Association) Chapters OTBS 788, Paraeducators 759, and OSS 724. They were joined by parents, students, and the San Diego & Imperial Counties Labor Council, AFL-CIO.

Miguel Arellano, a paraeducator independence facilitator with San Diego Unified and a representative of San Diego Paraeducators Cahpter 759.

“What do we want? No layoffs! When do we want it? Now!” the crowd chanted.

Arellano said he felt compelled to act when he learned about the potential layoffs.

“The first thing that went through my mind was that I need to speak up. I need to protect these people,” Arellano said.

Advertisement

Inside the meeting, the board heard emotional, at times tearful testimony from classified employees before voting unanimously to move forward with the layoff schedule.

Superintendent Fabi Bagula said the district has tried to protect classrooms from the cuts.

“We have tried our best to only, I mean, to not touch the school. Or the classroom. But now it’s at the point where it’s getting a little bit harder,” Bagula said. “What I’m still hoping, or what I’m still working toward, because we’re still in negotiations, is that we’re able to actually come to a win-win, where there’s positions and availability and maybe even promotions for folks that are impacted.”

Arellano warned the layoffs could have a direct impact on students.

“We are already spread thin, so, with more of a case load, it’s going to be impossible to be able to service all the students that we need to have,” Arellano said.

Advertisement

Follow ABC 10News Anchor Max Goldwasser on InstagramFacebook, and Twitter.

This story was reported on-air by a journalist and has been converted to this platform with the assistance of AI. Our editorial team verifies all reporting on all platforms for fairness and accuracy.





Source link

Continue Reading

San Diego, CA

Scripps Oceanography granted $15M for deep sea, glacier science

Published

on

Scripps Oceanography granted M for deep sea, glacier science


The Fund for Science and Technology, a new private foundation, granted Scripps Institution of Oceanography at UC San Diego $15 million for ocean science Tuesday.

FFST, funded by the estate of the late Microsoft co-founder Paul Allen, was started in 2025 with a commitment to invest at least $500 million over four years to “propel transformative science and technology for people and the planet.”

“Scripps Institution of Oceanography at UC San Diego is pushing boundaries for exploration and discovery across the global ocean,” Chancellor Pradeep Khosla said. “This visionary support from the Fund for Science and Technology will enable Scripps researchers to advance our understanding of our planet, which has meaningful implications for communities around the world.”

The grant, the largest of its kind since Scripps joined UCSD in 1960, will go toward research in three areas: monitoring of environmental DNA and other biomolecules in marine ecosystems, adding to the Argo network of ocean observing robots, and enhancing the study of ocean conditions beneath Antarctica’s Thwaites Glacier, often referred to as the “Doomsday Glacier.”

Advertisement

Scripps Institution of Oceanography has used Argo floats for more than two decades to track climate impacts in our oceans. NBC 7 meteorologist Greg Bledsoe reports.

“The Fund for Science and Technology was created to support transformational science in the search of answers to some of the planet’s most complex questions,” said Dr. Lynda Stuart, president and CEO at the fund. “Scripps has a long tradition of leadership at the frontiers of ocean and climate science, and this work builds on that legacy — strengthening the tools and insights needed to understand our environment at a truly global and unprecedented scale.”

Scripps Director Emeritus Margaret Leinen will use a portion of the grant in her analysis of eDNA — free-floating fragments of DNA shed by organisms into the environment — in understudied parts of the ocean to collect crucial baseline data on marine organisms, according to a statement from Scripps.

“In many regions, we know very little about the microbial communities that form the base of the ocean food web or that make deep sea ecosystems so unique,” Leinen said. “Without data, we can’t predict how these communities are going to respond to climate change or what the consequences might be. That’s a vulnerability — and this funding will help us begin to address it.”

Using autonomous samplers that can collect ocean water for eDNA analysis, as well as conventional sampling, scientists will use tools to “reveal the biology of the open ocean and polar regions.”

Advertisement

According to Scripps, the international Argo program has more than 4,000 floats that drift with currents and periodically dive to measure temperature, salinity and pressure. Standard floats can record data up to depths of 2,000 meters (6,560 feet), while newer Deep Argo floats can dive to 6,000 meters (19,685 feet).

The grant funding announced Tuesday will allow for Scripps to deploy around 50 Deep Argo floats along with Woods Hole Oceanographic Institution and NOAA’s Pacific Marine Environmental Laboratory.

Sarah Purkey, physical oceanographer at Scripps and Argo lead, said this leap forward in deep ocean monitoring comes at a crucial time because the deep sea has warmed faster than expected over the last two decades.

Thwaites Glacier is Antarctica’s largest collapsing glacier and contains enough ice to raise global sea level by roughly two feet if it were to collapse entirely. According to Scripps, prior expeditions led by scientist Jamin Greenbaum discovered anomalously warm water beneath the glacier’s ice shelf — contributing to melting from below. Greenbaum now seeks to collect water samples and other measurements from beneath Thwaites’ ice tongue to disentangle the drivers of its rapid melting.

This season’s Antarctic fieldwork will “test hypotheses about the drivers of Thwaites’ rapid melt with implications for sea-level rise projections,” the statement from Scripps said.

Advertisement

“The ocean holds answers to some of the most pressing questions about our planet’s future, but only if we can observe it,” said Meenakshi Wadhwa, director of Scripps Institution of Oceanography and vice chancellor for marine sciences at UCSD. “This historic grant will help ocean scientists bring new tools and approaches to parts of the ocean we’ve barely begun to explore.”



Source link

Continue Reading

San Diego, CA

Southern California’s Jewish community reacts to war in the Middle East

Published

on

Southern California’s Jewish community reacts to war in the Middle East


The Jewish community in Southern California is sharing their fears and hopes following the weekend’s strikes on Iran and retaliatory attacks on Israel, U.S. military bases and other targets in the Middle East.

The exchange of missiles in the Middle East is having a devasting effect on Iran’s defense capability, but retaliatory strikes in the region are taking a toll. 

“Weapons of enormous capacity that are targeting civilian areas,” said Elan Carr, CEO of Los Angeles-based Israeli American Council.

Carr says toppling the Iranian regime, taking out its nuclear capabilities and freeing the Iranian people from this oppressive rule should have been done decades ago.

Advertisement

“This is about seeing the most evil regime, the world chief state sponsored terrorism to no longer have the ability to do what it’s been doing,” Carr said.

Sara Brown, regional director of the American Jewish Committee, said the U.S. and Israel are concentrating strikes on Iran’s missile sites and military industrial complex. Iran’s retaliatory strikes are focused on many civilian targets.

“We are hearing from our partners from around the region, who are terrified,” Brown said. “Across the Middle East right now, I think there is a tremendous amount of fear, but also hope and also resolve.”

AJC is the advocacy arm for Jewish people globally. Many members and partner groups are in harm’s way. Brown says the risk is great, but the potential reward is world changing.

“That Iranian people will get to choose leadership for themselves, that we will finally see a pathway forward for peace across the Middle East,” Brown said.

Advertisement

If wars of the past hadn’t produced lasting peace, then why now? Carr says Iran’s nuclear capabilities are destroyed and Iran’s military and proxies are weakened after Israel’s response to the Oct. 7 Hamas ambush.

“No more terrorist network throughout the Middle East. Think of what that could mean. Think of the normalization we could see,” Carr said.

President Donald Trump expects fighting to last several weeks. Some critics are concerned about a drawn-out conflict that could spread.

Carr is not convinced.

“Who is going to enter a war against the U.S. and Israel? Russia is plenty busy. China has no interest in jeopardizing itself this way,” Carr said.

Advertisement

Besides the six Americans killed as of Monday night, government officials say 11 people were killed in retaliatory strikes in Israel.



Source link

Continue Reading

Trending