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Our love of SUVs is killing people in the streets

Americans are fond of supersized fast-food meals and colossal convenience-store fountain drinks, even though they're clearly bad for our health and U.S. adults keep getting fatter. We also like large vehicles, and our love affair with SUVs is killing people in the streets. According to a recent investigation by the Detroit Free Press/USA Today, the increase in SUV sales over the past several years coincides with a sharp rise in pedestrian deaths in the U.S. — up 46 percent since 2009, with nearly 6,000 people killed in 2016 alone. With SUV sales surpassing sedans in 2014 and pickups and SUVs currently accounting for 60 percent of new vehicle sales, it's no wonder Ford announced in April plans to cease U.S. sales of almost all passenger cars. And this followed Fiat Chrysler's move to virtually an all-truck, -SUV and -crossover lineup. While the Freep/USA Today investigation found that the simultaneous surge in SUV sales and pedestrian deaths comes down to vehicle size, it also points to a lack of action on the part of the National Highway Traffic Safety Administration (NHTSA), even though it knew of the dangers SUVs pose to pedestrians. Also blamed are automakers dragging their feet on implementing active safety features. Using federal accident data, the Insurance Institute for Highway Safety (IIHS) determined that there was an 81 percent increase in single-vehicle pedestrian fatalities involving SUVs between 2009 and 2016. Freep/USA Today's analysis of the same data by counting vehicles that struck and killed pedestrians instead of the number of people killed showed a 69 percent increase in SUV involvement. As far back as 2001, researchers at Rowan University forecasted a rise in pedestrian deaths as Americans began switching to SUVs. "In the United States, passenger vehicles are shifting from a fleet populated primarily by cars to a fleet dominated by light trucks and vans," the researchers wrote, with light trucks comprising SUVs.

Bond manager has odd advice for Tesla: stop making cars

Tesla Motors said in the release of its first-quarter earnings Wednesday that it will boost its quarterly production on its Model S luxury sedan to as many as 9,000 from the approximately 7,500 it made during the first three months of the year. Bond manager Jeffrey Gundlach doesn't believe that's a good thing. Gundlach, founder of DoubleLine Capital LP, told Bloomberg News that, while Tesla is a better investment than fast-growth companies like Twitter, the automaker would improve its financial results by halting production of its vehicles and dedicating itself to making battery packs for other automakers. A spokesman for Tesla, whose shares are up almost 40 percent this year, declined to comment to Bloomberg. We'll just sit here and imagine Tesla-powered Nissan Leafs and Chevy Volts. Back in the real world, aside from its own vehicles, Tesla makes battery packs for the Toyota RAV4 EV and for some versions of the Smart Fortwo ED and the B-Class EV. Tesla and Toyota first announced their collaborative effort in 2010, which included Toyota's equity investment in Tesla as Tesla prepared to take over the old NUMMI plant in the San Francisco Bay Area. Tesla said Wednesday that it took a $49.8-million first-quarter loss. Compare that to a year-earlier net income of $11.2 million. That's despite boosting revenue 10 percent from a year earlier to $620.5 million. That's largely because Tesla's selling, general and administrative costs more than doubled from a year earlier to $117.6 million.

Tesla goes Down Under December 9th

Not too long after Tesla stepped in to scoop up some of the engineers left behind as Ford, GM and Toyota announced shuttering production Down Under, the California-based EV company will start selling its Model S in Australia. Beginning Tuesday, December 9, sales will begin in Sydney, bringing a California-style plug-in change to the country's automotive landscape. The Model S will start at $81,729 US in Australia. Come Tuesday, we can expect to hear what Tesla's plans are in regard to distribution, creating charging networks and the like. So far, we know that its Supercharger network will likely be powered at least in part by solar energy and that the first Model S deliveries will go to solar-powered homes. This isn't surprising, considering the company's ties to SolarCity, for whom Tesla will set aside a certain amount of battery production in its Reno-based Gigafactory. If Tesla's solar strategy is successful, it could open up conversations about larger-scale reliance on renewable energy in Australia. We'll have to wait and see. The Model S will start at $97,245 ($81,729 US) in Australia, and that includes taxes and registration fees, but customers outside of the Australian Capital Territory could see their base prices start at over $103,000. Tesla believes, though, that its prices will be competitive with the other big players in Australia's luxury segment. Right now, there are still a lot of questions to be answered regarding Tesla's future in Australia. Some of those answers should arrive next week, while we'll just have to wait for the market to respond for others. If you'd like to be part of that market, head on over to Tesla's Australia page. Featured Gallery Tesla Model S View 24 Photos News Source: Clean TechnicaImage Credit: Copyright 2014 Drew Phillips / AOL Green Tesla Electric Solar Cars supercharger gigafactory sydney