Stellantis says its warning of cheap Chinese cars flooding Europe was ignored
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- Опубликовано: 7 июл 2023
- Stellantis says its warning of cheap Chinese cars flooding Europe was ignored
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Stellantis is lagging behind Tesla and the Chinese EV automakers. Everybody is working on their offerings. Stellantis doesn't sell EVs in the US either. Hard for me as American to sympathize with Carlos.
Even worse is that China treated Elon like a rock star during his visit and our mainstream media in the USA creates negative click bait to make him look as bad as possible. It’s criminal. It would be so fun to come back 100 years from now and see what history says about Elon’s life. Is he perfect? Of course not…but he’s done a tremendous amount of good for our world.❤❤❤
Not surprising to those that are familiar. Why? Unless you are brainwashed by Western government + MSM, you'll know China is one of the most merit based society around. Whether you like Elon or not, there's no deny on what he's done at Tesla, SpaceX, and his other companies...
Genius .. that's what history will record.
To be fair, Elon does not need the media to make him look bad. His shenanigans on Twitter are enough to do that. I also don't think being celebrated by the oppressive communist government in China is as big of an accolade as you think.
For the record, I am not a Musk hater. I fully recognise his incredible achievements in the electric car and space industries. But I think it's rather disengenous for you to write off criticisms of Musk by throwing in the "is he perfect? Of course not" line.
None of his critics are asking him to be perfect.
As far as I can see, all they are asking for is for him to just be a decent human being as well as a rich successful businessmam
@@enadegheeghaghe6369 Compressive? What can compare to the oppression of Loli Island? What can compare to the pressure that I cannot breathe? What can compare to the pressure of the North Stream pipeline in Germany?
@@dingxiong8604 I have no idea what you are talking about. I hope you are not having a stroke cause your comment makes no sense whatsoever.
Carlos, under his breath; "If I were Tesla, I would exactly what Tesla is doing - but since I am Stellantis, what Tesla is doing is unfair".....
Stellantis is a financial holding company that specializes in buying up failing car brands from around the World. They appear to be focusing on I.C.E. makers with serious I.C.E. R&D programs - NOT EVs. While their financiers have never been associated by name - many think Stellantis is a shell company.
Who is willing to make a loss?
It is an Umbrella brand and you’re right has bought up failing brands. The idea was to massively cut costs by sharing platforms across brands. The problem is they did this before EV’s took off and are now left with huge disparate legacy ICE platforms. Not a good situation to be in!
@@alexlo7708 How come BYD makes money making EV & they are a Chinese OEM?
@@rozonoemi9374 BYD has its own industrial affiliates like Tesla. EV cars use fewer parts than fossil cars.
Perhaps the best description of Stellantis that I have seen.
Regular consumers will not be wanting stellantis products
I was working for Opel for over 30 years in their engine and transmission plant in Vienna. When PSA took over in 2017 Tavares visited the plant and stated in his speech „I‘m not your friend…“ since then he reduced the workforce from approx. 1.600 to less than 300 people… by the end of this year the plant Austria‘s capital will be shut down forever…
By the way … this has nothing to do with the Shift to electric cars, but everything with cost cutting… the transmissions are now produced in Valenciennes in France and Hosur in India. For many years the plant in Vienna was benchmark in cost and quality… but by reducing the production from 1250000 engines & transmissions to approx. 200000 per year this was no longer the case… by the way… it is still true that the transmissions from Austria have better quality than from France (forget about India 🤦🏼♂️) and certain types can only be produced here… but who cares… My next car will be a TESLA! That‘s for sure !!
Tavares Never wanted to produce electric cars !!! He was forced to do so… and he is still not convinced that this is the future … and he is overpaid massively !! I know his „management style“ … leading by fear 🤮
maps.app.goo.gl/ArAz11zSzJ8psnYZ6?g_st=ic
So you have good insights into volume vs. efficiency. You can see where all this is going. As a South African wondering where our car industry is going. Exports to rhd markets, for how much longer ?
I just wonder why no one is making electric cars here in Austria. I don’t count Magna, they produce expensive junk for others. But why is there no small scale Auto production. Lorries and communal vehicles, busses and special off road capable. Those would not need million pieces to be made profitable.
Yet he transform a failing compagny like opel under GM into à positive one since its first year under PSA. Yeah financial cutting is gross for employees, but it's necessarly to survive.
@@stickygeiden GM gave Opel to PSA for free…Tavares is not a genius… Opel officially wasn‘t making any profits in Europe because GM decidet so… no profits = no taxes … 🤑
After GM was bancrupt in the US and rised like a Phoenix from the ashes the even increased the licence fees Opel had to pay for everything they had developed on their own… so that there was never a profit… after Tavares took over all of a sudden there where profits… even with less cars sold… 😉
They are in deep trouble. The whole ethos is acquire a failing brand, massively cut costs and share platforms. Unfortunately for them this is/was based around ICE manufacturing and they’re now stuck with turning round the Titanic just to survive whilst others sail off into the distance.
Hi Sam,
Thank you.
What we are witnessing is an unprecedented upheaval not previously seen in the motor industry.
Some companies are embracing it, some are in denial some are like deer's in the headlights frozen.
I guess Carlos is somewhere between the last two reactions.
Great posts
One might even call the change over to electric vehicles disruptive.😊
so there are an unbelievable 20 moving parts in an ev compared to 2000 in an internal combustion engine which should be the cheapest to manufacture ????
The battery is 50% of the weight and more than that in manufacturing cost. 5000 to 10000 cells. Unless it’s blade then it’s 200 blades. Which part of the ice vehicle is analogous to this level of complexity? The cam chain?
The water cooling system with pump, thermostat and radiator, the clutch pump and oil, the transmission and its oil, the steering pump and oil, the catalyst gas controlling of the exhaust, the turbo, the electronic injection, the fuel pump, the motor starter, the alternator, the break pump and oil which is used much more than in an ev, all the belts and pulleys to make all the pumps work. In an ev making one battery cell or a million is basically the same process.
We’re losing, please ban our competition
W
To be fair monopolies are fucking scary if you actually think about it . But damn I wish I could buy a cheap Chinese EV in America
@@camronrubin8599 yeah but I don’t think that is the case here. Plenty of competition. CEO just lazy
@@nemeanlioness true , hey let the market decide . But There’s always two sides to the story
This is exactly what the US did with the IRA : Europe should do the same.
It's not fair competition when the CCP directly subsidizes the manufacturers to destroy competition.
The only reason European cars are so far away is the sheer incompetence of their management. Nothing else. That's what Tavares should point, as he started electrifying more or less when he became CEO, if I'm not mistaken. But I suppose he doesn't want to strain relationships: he might need to merge a few more times to survive.
I have some good candidates for him to merge into Stellantis. Mazda, Suzuki, Honda, Toyota, Government Motors, Ford.
Stellantis forgot they suppose to have cheap and spartan cars for sale.
Prices for Fiat, Opel, Citroen and Peugeot are bonkers.
Maybe the head of Stellantis shouldn’t of tried to turn Jeep into a luxury brand. Let’s start there if he thinks autos are too expensive.
Even if new EVs remain expensive , there's going to be a very healthy 2nd hand car market , cost wont be a problem for most people.
Helping to educate people on purchase price vs cost of operation vs total cost of ownership then when people realize you can spend the same amount on a model 3 as a corolla, the magic happens. Imho
That’s how I will be getting my first EV, I have never been able to afford a new car in my life and I have been driving for 36 years. There are good deals on second hand Kia eNiros, Hyundai Kona EVs and Renault Zoes at the moment. And sooner or later secondhand Tesla M3s are going to start appearing at reasonable prices. Having said that my wife and I are after a Peugeot e208 for commuting to work, shopping etc and they seem to holding on to their value. Reasonable for us is less than £25,000 for a a family car and under £15,000 for a supermini/second car, so we’re lucky. Most people can’t even afford that.
@@borshardsdI spend around 8000 on fuel over 8 years. Electricity instead would be around 5000.
How does this 3000 difference pay a 50000 car in respect to a 20000 ICE car (both new, VW Golf size).
(ID3 with heated front seats and rear parking beepers).
@@richard--s I am blown away by your low service cost. Lifetime cost or just a 3 year cost? Which do you want to explore
The Stellantis exec is correct that the middle class is being priced out of owning a car. Here in the USA it is already incredibly expensive to purchase a truck, the most commonly purchased vehicle type, and the only inexpensive model, the Ford Maverick, has only made 50k units this half year in 2023, which is 1/4 of what the market could absorb. Sadly Ford isn't increasing production by adding a 3rd shift until later this July, and even with increased production will barely get 120k units out the door in 2023, which is not enough. And the Maverick has gone from 20k to about 25k in the base trim in the last 2 years. So you have a choice: buy something for 40k or wait over a year for a 25k truck.
And obviously Europe can't block Chinese cars for fear of retaliation in China. China is such a huge market now, it is over 50% of Tesla's sales, and imagine if Elon pisses of Xi, and overnight Tesla becomes a pariah. There is a huge risk for Elon, so imagine he is very careful about what he says about china
A truck is not a car, it's a work vehicle and logically it would be more expensive than a family car because it's three or four times the size of a real car. This is like saying a sports car is more expensive and normal people can't afford them. The best car company in the world is American, Tesla, and their prices are dropping all the time.
@@jonevansauthor you don't seem to know the auto biz. trucks used to be cheaper than cars, didnt come with creature comforts and had spartan interiors. and yes sports cars cost more than regular cars. removing two doors from a sedan adds to the price; coupes we're always more expensive in mercedes, etc.
@@edwarddejong8025 then buy a truck with a spartan interior. It's a work vehicle anyway, why is the price such an issue for you? It's purely for professional use so the capabilities it has earn you money.
Right? I mean, you're not buying one for just doing the grocery shopping and commuting to work, are you?
The middle class is not being priced out of cars.
@@jonevansauthor Many gardeners, landscapers, etc. need a simple, reliable, inexpensive work truck with modest weight capacity. Sadly, only the maverick fits that market, and the wait for a Maverick is 1.5 years on average. The Tacoma has steadily risen in price and capabilities and is now a midsize truck with a midsize price.
@@edwarddejong8025 thankfully, electric trucks are coming. These will be even more viable for business purposes, for obvious reasons.
But yes, someone, for small businesses, should be making a cost effective, entry level model. People who are doing landscaping gardening probably aren't travelling that far to do it on a daily basis, at least, not near big cities.
Still doesn't affect the middle class, since it's not a family car and it's for a business.
"First they don't notice you, then they laugh at you, then they fight you, then you win" - Elon Musk, c. 2030
4:28 I do agree a bit
love the program, liking your world view on EVs
So I guess I understand a bit of what Stellantis is saying. Many of us that live at or below middle income, in the US, cannot currently afford a new car, let alone a new EV. The current EVs, are priced so far out of my range that I doubt I will ever afford one. Plus I only qualify for $1k tax incentives, which doesn’t help to make them affordable for the masses. So I’m that aspect, I understand him. However, 90% of everything else that man has said seems to be “fear” based on trying to change and evolve.
You live in times where i was 45 years ago. You will not have a vehicle when you can not afford one. There is no god given right for everybody to be able to. Either you want to earn more, then you will find a way, or not. Then you will stay without car or buy a used one. Preferably electric. But i can perfectly well understand when you currently can not afford one. Maybe in 5 years? Maybe in 10?
When the energy density of a battery increases in the next few years then companies like Tesla and BYD will be able to offer compelling cars big or small with enough cells to satisfy your demand at a price that is right for you. I guess they will get there well before the laggards who will still be complaining from their upper management offices if anyone is still fool enough to employ them.
The $7500 rebate is scheduled to be deducted at the point of sale in 2024. In some states with generous upfront rebates (e.g., Colorado, Oregon, California) EVs such as the Model 3 are at the same price point as Accord and Camry. I just bought a Model Y Long Range and the net price after rebate was the same as a top-of-the-line Honda CR-V which includes thousands of dollars in dealer add-ons.
@@williamrogers1219 Since 2022 Toyota Camry costs more than Model 3. Toyota RAV4 costs more than Model Y Standard in our country.
I did not take a look at other vehicles. Some may be cheaper. But many fossils cost more.
@@wolfgangpreier9160 Here in the US where Toyotas and Hondas are manufactured and gasoline is less expensive than in European countries, they are already at a price disadvantage. None of those vehicles have the technology Tesla has, nor do they get better the longer you own them. Easy choice for you and for me too.
"Carlos likes to whine a little bit…" Just a little bit, like, every other week…
Car---loss.
Stellantis might as well be a legacy automaker. Of course Carlos is worried..he should be. Progress wins..every time. Boat is leaving..best get on it Carlos! Great job Sam! Im a huge fan
The EU should do what India is doing, if you want to sell your cars here, produce your cars here so people can have jobs and be able to afford one, if not 100% on imported cars.
That is not free trade that Americans used to promoted.
India is extremly protectionist and - e.g. does not allow imports from China at all. European industry is dependent on China and the US. We are not capable of building complete cars ourselves.
“…produce cars here so people … have jobs”
So, car manufacturing is the only source of jobs?
What drivel.
@@ernestgalvan9037 " car manufacturing is the only source of jobs" Depends on the country.
In parts of each country up to 40-50% of the people depend directly or indirectly from Auto Business.
Not drivel. Slight exaggeration.
Morning mate
It won’t be EVs that wipe out the middle class, it’ll be AI.
Naahh, it will be the bots. When the middle class is not needed any more on the factory floor cleaning they got no more jobs and must live from bot-built welfare programs.
Who will think of the board executives?
It seems some of the traditional car co. CEOs are finally waking up, but not all of them yet!
It is true that EV's are getting a huge state sponsored discount all over the western world. Alone here in Denmark the import tax is 60 percent lower on EV's compared to ICE vehicles, which is the main reason people are buying them in the current numbers.
In the landscape of modern warfare, the internal combustion engine has played an inescapable role, driving innovation, but also fueling conflict and destruction.
At the dawn of the 20th century, the internal combustion engine's birth brought about a seismic shift in the tactics and mechanics of warfare. Ground vehicles powered by these engines, like tanks and armored personnel carriers, redefined the movement of armies, enabling swift, flexible maneuvers that previous horse-driven or foot soldier strategies could never have accomplished.
In the skies, fighter planes and bombers, powered by piston or jet engines, began to dominate, enabling countries to project their power far beyond their borders. At sea, the advent of motorized naval vessels, particularly submarines, dramatically expanded the range and stealth of naval warfare.
However, the internal combustion engine's impact extends beyond mere tactics and hardware. The engine's thirst for oil has shaped geopolitical alliances and conflicts, with nations seeking control over oil-rich regions to fuel their war machines. Wars have been fought, and lives lost, over the access and control of this vital resource.
In essence, the internal combustion engine has been a paradoxical instrument of warfare. It has both advanced our capabilities in defense and offense, but it has also become a catalyst for conflict, spurred by the ceaseless demand for the oil that powers it. As we move towards cleaner, renewable forms of energy, it will be intriguing to observe how the dynamics of warfare adapt in response.
With EVs, we will still have the same problems just different raw materials to fight over in different locations.
If the french are trying to twist Tesla's arm when they don't have assets there, what will happen when they do have assets there. Run, run, run!
What's the name of that song you use at the end of the video?
Omg no Elon don't do if you think Germany is bad you have seen nothing 😳
That company keeps changing hands... I'd say there is no stability... I remember that company going into bankruptcy when I was a kid... it just keeps getting sold over and over. Their products are not the best either. Seems as though they need better direction.
Stellantis makes great looking cars that are made as cheaply as possible. They start falling apart after as few as 50K miles. They've also concentrated on making upper trim level vehicles that np one can afford. $65K Wranglers; $85K Cherokees and not a single EV in the US.
Minor point: Élise palace is pronounced Hey-Lee-Zay .
😑..Legacy companies "NEVER" make the adjustments to new technology.
It is very late in the EV game to have a CEO talking crazy talk.
Toyota anyone!? 😂
Stellantis just grifted 13B$ from the Canadian and Ontario government for their battery plant in Windsor, Ontario.
OEMs should’ve followed a strategy similar to Tesla. That is to bring out an expensive luxury car that brings awareness to that manufacturer now building EVs. Use that time to learn about EVs and the market and to work on building cheaper EVs. Then bring out cheaper EVs (similar to model 3 and model Y) and doing all of this whilst continuing to sell regular ice vehicles. Once their EV game was strong enough they couldn’t slowly phase out nice vehicles. They would be in a financially strong enough position to not depend on their ice business any longer for survival, and could simply let the market dictate how quickly ice vehicles are to be phased out.
Gasoline is sold by the liter in EU in similar amounts it's sold by the gallon in the US. lower income folks will hate the higher purchase price but will love the lower cost of ownership, especially when some days electricity is free. Just top off your battery on those days. Plus, the EVs should last much longer.
We already had days with negative energy cost. Too much PV and not enough battery storage.
The big hurdle for lower income people buying used EVs for cheap in the future is difficulty to service and high costs of battery replacements.
@@josechacon2446 Your point is?
Do you think that modern gazoline or Diesel cars last longer than 100K miles and 10 years lifetime?
Think again.
The biggest problem for lower income people is not having enough money for initial outlays. This is not only cars but solar, heating (Heatpumps) and housing. If there was a smart government who could bring a scheme to shorten ROI from 6-8 years down to three for lower income people then we'd see better/quicker uptake. Our monkey brains have a real problem with longer term investments.
@@allisterbullock213 " If there was a smart government who could bring a scheme to shorten ROI from 6-8 years down to three for lower income people then we'd see better/quicker uptake."
You want "the government" to pay you to install Solar so you can profit from generating electric power during the day in 6-8 years? Or even better in 3 years!
What you are telling us: You want MONEY from your "GOVERNMENT" so you do not have to earn this money.
Am i correct?
As they can't make a living making future EV cars, wind the company down. Shareholders beware of this defeatism at the top.
what cheap chinese cars flooding europe? i understand that chinese cars are doing poor in europe.the only chinese car doing well in europe is the MG and thats probably because europe doesnt realize the MG is chinese.
BYD is about to Dolphin and it's gonna be well priced along with MG. Also remember Ora is cheap too. Lynk and Co is best seller in Netherlands. And many new Volvos will only be made in China such as new EX30. On premium side Polestar is gaining share in Europe. Remember DR Motors in Italy and Spain is Rebadged Chery (last month sold 2000 units in Spain and 2k in Italy). The assault has just begun
@@protagonist9716 Lynk and Co is Volvo. Netherlands has Volvo shares, may be also the designer of the car.
@@alexlo7708
China owns 83% of Volvo
@@protagonist9716 But Volvo's operation base are still in Europe.
Europe has not helped themselves by producing only the more expensive models.
Tariffs will not work, it just makes all vehicles more expensive. Noon tariff quotas are just as bad. They just need to build better and at a lower cost to meet the competition. Instead of critizing the competition they should work to get rid of the red tape and proof of origin rules in the EU.
At least Stellantis is attempting to transition away from ICE’s unlike many other traditional manufacturers. Their EV sales in Europe were 3rd last year behind VW and Tesla. They are also trying to make small EV’s (like the Fiat 500, Corsa and 208) unlike others who can only be bothered to churn out SUV’s - so let’s give them some credit. FWIW, I drive a Citroen eC4.
let me get this straight... a car maker is saying we need to put tariffs on other companies so they can equalize costs, while wanting to swap were they make vehicles .. at the same time saying these other companies are going to drive the cost of cars up (again they want the terries) and warns if they don't do this no one will e able to afford a car
the real issue is they are late in the game of going to all electric or mostly electric.. and are doing anything they can to stop the rise of EV's until they can make a cheaper EV line... while also spending money on new ICE cars.
If you can't beat them slag them off and complain.
Poor Germany and it’s cheating Automakers- such a shame.
He should build a big factory in spain tell france to stick it
Carlos isnt the only wierdo at stellantis the woman in charge for Peugeout isnt much better either, Linda Jackson seems like the british version of Mary Barra 😂
FIAT, FOUND IT AROUND TRASHBIN
And yet, Stellantis has had every opportunity to work on how to make cars more cheaply, but like the rest of legacy auto, they chose not to!
They have similar profit margins as Tesla, but the product line is Jeep, pickups, and muscle cars. The question is when these vehicles may not be desirable to consumers. Like many legacy auto manufacturers, they plan to get governments to make their products profitable through tariffs and bailouts. This has worked in the past, so no reason for them not to assume it won't happen again.
I hope the Renault 5 and 4 will be a great success and will decimate Peugeot. The CEO of Renault doesn't complain and has been going full EV with EV car produced in Europe. Who will buy cars in Europe if jobs are leaving anyway?
They had the Opel ampera-e, Chevrolet Bolt brother, to compete with Tesla while they develop their own strategy and they killed it, with GM's blessings. No Carlos the EU does not have a problem, the europeam automakers do and blackmail the taxpayers it's not the solution
😂😂😂😂
Without commenting too much on cars specifically, the free trade religion pushed by major first world countries has been basically insane. You have top colleges like Harvard saying in their economics departments that the economic strategies of US in the 1800s, Japan and South Korea in the mid 1900s, and China post 1970 are terrible strategies and to get prosperity everybody needs to adopt the strategies of places like Indonesia and Somalia.
Worldwide since we all adopted Reaganomics, the middle class has been less and less able to afford their rent plus a decent standard of living. More to the point, they have been less able to buy the stuff they make which has put a hard brake on economic growth. I will leave it to the reader to decide whether the economics department of Harvard is staffed by morons or whether they have been corrupted in the process of Harvard gaining the largest endowment in history (to my knowledge).
Very true, it's called Neo Liberalism and creates de industrialisation, so money is channelled in to unproductive assets ie real estate,insurance ect to make and elite few very rich
Reaganomics isn't free trade. Two catch words do not mean the same thing. Reagan implemented a number of tariffs and blocks of imports. He put a tariff on Japanese steel. He put a quota on how many Japanese cars could come into the country, which led to a price increase from domestic manufacturers. He put a 45% tariff on Japanese mid-sized motorcycles. He put a tariff on semiconductors that doubled the price. That semiconductor tariff essentially killed the US electronics industry that needed semiconductors to build products. Reagan was not free trade. Despite being the same party, George HW Bush was for free trade (called trickle-down Reaganomics "voodoo economics") and put in place the groundwork for NAFTA, that was signed under Clinton, who continued or expanded many free trade policies. That led to economic prosperity and the only US budget surplus in modern history.
@@larryevans6739 if Regan did I ironically the only good thing he did although seems like he didn't get the right mix with semi conductors. Nafta deindustrilsed the US quicker than you can click you're fingers, the benefits mainly went to the big end of town, there's a reason Trump was energised look at the studies the right amount of tariffs and government support created the industrial super powers after the 2nd world war. Smashing every tariff and all government support for your industrial sector in name of so called competition isn't wise and exactly why China, Japan Germany and Korea have become such large industrial base ,it wasn't by getting rid of tariffs and government assistance to industry, is like cutting throat to save your face and the outcome is money follows unproductive sectors such as real estate and insurance, as seen in most Western Anglo policies with a free trade bent , like I mentioned above
I live in Europe.
Affordable Chinese cars flooding Europe is good for the customer.
It just means European cars will need to match the same quality as Chinese cars at the same price put or better.
Tesla chose Germany for their European factory - A high wage, high regulation, highly unionized country.
They are succeeding greatly!
Tesla's greatest advantage is not that the car's drivetrain is electric - it's that their factories are FAR more efficient than the legacy OEMs.
80% of an EV is the same as any other car. Body, doors. windows, suspension, seats, wheels, etc.
Most people don't really care what's under the hood. Value for money is their number 1 factor.
Tesla advantage is that it is a vertically integrated AI engineering company, of which one of its products are electric cars. They are about finding engineering solutions to problems (e.g., giga casting, structural battery packs, dry cell batteries, software engineering, etc.)
chinee will eat tesla alive, because they do it to everything else too
Maybe they should just sell their brand names to China like MG and Volvo did. There is probably more money to be made selling legacy badge names to cheap chinese manufacturures. No one seems to care if they are driving a chinese made MG ... just so long as its cheap.
We constantly hear about cheap Chinese cars. But all we see are expensive Chinese cars…
If Tesla is threatened to stop the price war in China, he’ll simply ship his Shanghai produced ones to Europe.
So Stellantis, gear up, or be gone.
I don't really know how Tavares is Stellantis CEO. Yes, he has an Engineer degree like Elon, but Elon, despite his fascist, authoritarian and racist views, is a genius in the Engineering Field like no one ever before him. Tavares and has won some executive awards in Europe, but they don't say why he won them. But so far, Tavares is showing a GIGANTIC INEPTITUDE as CEO of such big company. He has no idea of what Climate Change is, has no idea about the EV Revolution, Sustainable Energy, and so many other things. He looks like Toyota in his denial of things. If Stellantis doesn't get rid of this guy, the company will go belly up like JEEP did in China.......
Let them I. Better than a psa fca car
This is what he's paid for. Complaining. He's great in complaining. The most educated person in CS wich stands for complaining sciences.
Of course they don't want their citizens to buy for cheap,monopoly mind 😂
Macron will only threaten Elon once!
Seems like all corporate crybabies work for car companies, except for Bud Light and Ben and Jerry's,
stellantis should change its name to whiner inc.
Leaders roll out the red carpet when jobs at stake.
Even Toyota accepts they will adopt Tesla manufacturing process to replace their own traditional way.
The only reason >>>> cost.
You are top! But the Music at tje End! For what Reason??
Please, not!
Europe needs to find a way to transport cheap Russian natural resources from Russia to Central Europe, similar to how China imports cheap natural resources from Australia. I believe it may be possible to build pipelines under the Baltic sea, which would give Europe an advantage when compared to China.
Well yeh just sell a billion cash cow ram trucks no wonder they are profitable. People love those things because there so cheap
If Carlos focussed just 50% of his time on creating some desirable EV products instead of moaning that the world is against him then maybe he would have a degree of credibility…..
Outsource jobs to Poland and Africa then complain about locals having no jobs 😂😂 reminds me of US and Tramp whining how Chyna stole our jobs
Then expand to Mexico instead.
The jobs have been outsourced way before Trump came into office. It is part of globalization and just-in-time manufacturing.
ICE tech is saturated, expensive, and obsolete. If Carlos is betting on ice as the future in US and Euro markets, good luck.
"Middle class can't buy a car"? VW and Tesla aiming to launch a 25k Euro or US Dollar VW Golf-sized car in the next 2 years. A lot more affordable than an ICE Golf today. Sounds like the middle class will have more choice than ever.
Well I take anything said by management of the automaker of the worlds worst brands with a grain of salt
Stell...who?
No he knows the inside part of the industry. You don't
Sam: you’re not the audience. Labor leaders in the EU are the target. Carlos is a politician, not a businessman. He knows the conundrum the EU has with raising tariffs. What he’s trying to show the unions is that they either need to flex their political muscle to help OR make concessions. He doesn’t want to be put in the situation VW finds itself in where they cede a whole market segment to offshore companies. As it stands now, Peugeot , FIAT cannot build something like the Citroen Ami due to union contracts that specify force levels. Carlos wants the unions to carry the fight to the political arena. If the unions do say they face an existential threat from Chinese EVs, then win or lose, corporate management isn’t at fault with the fallout because it’s all the work of the government.
To relocate manufacturing to China and source components from China was not a problem as long as it lasted and profits where pouring in. Tavares lives in denial about EV's, he ridiculed the evolution since he toke the reigns of Stellantis and now suddenly he starts panicking when the Chinese are at his doorsteps....
Why is it a warning? Cheap Chinese cars? Bring them on..... the only time you know who is and is not wearing Budgie Smugglers is when the tide goes out. And it's just me but this Tavares character looks like a 90s Bond Villain?
Tavares will bring Stelantis to the grave.
Stellantis is trying to capitalize on North America and all others who want jeeps.Thier go to Popular Vehicle.
There isn’t a flood of cheap Chinese cars in Europe (yet). Few good cheap ones (MG) but prices are around the same as other makers. I think he’s just whinging that Stellantis cant even make cars competitive with other European makers, let alone China and Tesla.
You're forgetting Polestar and Volvos. I think they're both built by Geely in China ;-)
Stellantis, complaining about the Chinese cars as they have increased their prices to the moon 🌙 🌚 🙄. $65,000 for a jeep 🚙 Rubicon, that's cash, finance it and your at $75,000 when you pay it off.
Morocco is a good move. Better than China. The world must move away from China, because it poses a massive military threat to the west. Western manufacturing needs to diversify into smaller nations, that wont pose a long term military threat on a grand scale like China. This is obvious to many people, but I'm saying it anyway. This applies to India also, however to a lesser extent, as India is at least a democracy for now at least. Better to have eggs in many baskets, than in just a couple, especially when those baskets are very very very large, like China and India. Better to massively diversify manufacturing into smaller countries like Vietnam, Thailand, Philippines, Indonesia, Malaysia, Mexico, where wages still make industry competitive, but you don't come with the massive risk of military threat to the world order. The last thing we want is the world to by run by totalitarian states.
islamic vs ccp, no good choice there
Carlos needs to stop whinging and get on with the job. It’s pretty obvious that you have to completely change your manufacturing processes in order to make a good and affordable product. Tesla have even broadcast how they are doing it.
Stellantis made some bad investments over the last 10 years and it has caught up to them. They could have made better moves. Bad strategy followed by whining IMHO
Tavares is just like a whining baby. Instead of complaining, he could have spent more energy on getting EV cost under control. There is no reason inherent cost of EV would be higher than ICE.
Who doesn’t like a whiner.
Stellantis is horrible. I've mostly owned CDJR products for the last 15 years. They're bad quality. Engine tech is way behind the competition.
legacy auto keeps on whinging that EV costs too much to make, because they haven't made any major investment, and Tesla is easily 3-5 years ahead because Stelantis always said EV is a fad like the rest. I'm just tired of the nationalists that keep on screwing things up.. we need to topple big oil.. I'm really not seeing how it is more expensive to build an EV with very few parts, over an ICE with hundreds of complex parts.
ev is not a solution to the problem
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
While they are talking so much,they are loosing the train..Since two years where were they? There is no EV cars yet,from Stellantis? Was it so much necessary to bring the production of Doblo,from Türkiye to Spain? Why,So much efforts and waist of money?Why? Having a factory like TOFAŞ,in Türkiye,why didn’t they produce an EV car there? Now you complain from Chinese EV cars! They are coming from thousands miles away to Europe and selling cars there..Now why are you complaining?Talking,talking and talking..Nothing else…🤔😩😳
Stellantis and Toyota are going the way of the Dodo...good riddance.
Sounds like he is a crybaby because he was slow to pick up on the move to electric vehicles. It’s rare to see a govt acknowledge a smart person. As such Elon is recognized as a diversified person who appears to want to make the world a better and safer place. Elon wants to clean environment and improve life for all people because even if poor countries can’t make move quickly will benefit from neighbors clean environment.
stellantis...who???
Carlos is right. Companies (even Tesla) can not sell EVs for the same price as an ICE car. If the worlds governments force all automakers into selling only EVs, than the blue collar middle class will be priced out of ever owning a new vehicle. Cheap EVs from China, made with stolen tech, and slave labor will be the only option. This is a bad option.
Countries should repatrionize there companies, bring back jobs and manufacturing, and protect their citizens with tariffs. This is the only way. The way it should be. The way it use to be.
You're a fool 😂
Stolen tech? Slave labor?😂😂😂😂
Yeah... A thief always believes everybody steals
With all due respect, this is actually complete nonsense. Tesla is already selling EVs at the same price as a comparable ICE car. While making really good profits. Compare prices of a model 3 with a BMW 3. Or model y prices vs. any other SUV of that size.
They just have not come around to producing something in the "small" car space. However, that is about to change in the near future.
You might have heard of the planned Model 2?
@@tanja2651
Tesla can bring down the price of there vehicles because their current business model centers around selling carbon credits to other Automakers. Plus the US government will credit you up to $7,500 toward the price of a new EV, as an incentive to sell more.
But, once all Automakers are pushed to make an all EV line up, all of those gov incentives, and credits will go away, and cost of a new vehicle will sky rocket.
An 800lb battery made from rare earth material will always cost more than a 200lb aluminum engine block. There is no getting around that fact.
Chinese EV IS NOT CHEAP, but affordable. Price of Tesla is reduced, can you say it is cheap EV. Think before you speak.
He's a cry baby!
Quadricycle. Say it with me folks. Quadricycle. The Topolino and the Citreon Ami are NOT cars (and are based on the same platform). Think two mopeds strapped together if it helps. In some countries you can ride them at 14 years old and you won't need a driving licence for a car, just a moped one. They're capped at about 28 mph and I haven't seen one with a long range yet. This is NOT a car, no matter how many times people call it one.
It is however, potentially a very important market segment, for young drivers, and second vehicles for families. As long as you don't need to travel on highways, these are fine. You're unlikely to spend much time in London or Paris, or even small provincial cities, going faster than 30mph.
You'll only confuse yourself and other people if you call it a car and try and base your judgement of it around that key misunderstanding of it's place in the market.