Stellantis Not Paying It's Bills, Part Suppliers Cut Them Off? This Is Not Good
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- Опубликовано: 21 май 2024
- In today's video we talk about Stellantis NOT paying it's bills with suppliers, maybe on purpose to violate the UAW Contract, But if NOT it's a serious red flag to the financial situation of stellantis as a company.
Not paying for parts and having thousands of trucks just sitting half finished because you can't afford to finish them is a really bad look. 
Авто/Мото
Remember when at least 2 of the Big Three made most of their own parts from scratch (including casting their own engine blocks)? Pepperidge Farm remembers! 😄
That f'ing Pepperidge farms remembers everything and without cameras.
Good ole days efficient production scheme simplified until government made companies out source to save money
Dodge and Jeep are not luxury brands. You don't take a mass market brand and price it into luxury territory and expect to maintain the same volume or keep the existing customers who are now priced out.
If Stellantis doesn’t pay its bills, the CEO or whoever, will “retire” with a package worth millions.
If a dealer doesn’t pay his connect……well, we all know what happens next.
2 entirely different endings.
This is starting to become one of my favorite channels. This guy does not give a single Fook.
Chrysler in Dodge was in this position back in 1978. When Lee iacocca came in and had to rebuild the whole company, they had massive inventory. Horrible quality and high interest rates. The same things that are faced today Lee iacocca saved the company in part with the Plymouth Reliant and Dodge Aries Kcars
They got a huge government contract to build vehicles for government use. Corporate charity at its best.
Reliant and K cars were shit!
The American tax payer bailed out Chrysler not Iococca.
The bad news for American brands owned by Stellantis is that they've just signed a massive cooperation agreement with the Chinese. So Dodge and the other brands might be Chinese owned soon. If you thought the Europeans were bad...
They COULDN'T be any worse than Stellantis, could they?
"Nobody wants that shit!" 😂
💯
IMO , this isn't what's going on. Stellantis is in bed with the World Economic Forum and some of the banks like Black Rock. They are probably targeting U.S. companies that are having financial issues. They buy them, make it look like they are trying for a while and then just let the company die on the vine.
Same exact thing happened to my dad's business.
Stellantis has the money, Kiniskus saw what was going on and left.
This will happens to For and GM also. Ask yourself, why hasn't Biden stepped in and stopped this?
He could force a sale to an American country, they do it all the time. Why not now?
They want you in an electric car. If you stop playing ball, they will ruin you.
It's a lot bigger than you think it is
Well said. Spot on. Yes, they are Globalists who are in partnership with Klaus Schwab and the WEF. This is the same WEF that has been pushing for a 95% reduction in the world's population. We are talking the majority of the planet either being killed or dying off. People should look up Agenda 21/Agenda 2030/The Great Reset. It is hidden in plain sight. I laugh when people think that we have two political parties. We do not. We have one Uniparty. The focus of our government is on Globalism. If these people are not stopped, it will be the end of the world as we know it.
You are delusional
It's not just American manufacturers, they have 14 already and planning on taking over more , and yes it's planned to make them collapse.
You are surprised? Company is run by the French...name the last war won by the french.....🤡💯🙄🤣🤣🤣
100% all part of the plan
Two JUNK companies merged, so what did people expect 😂😂
So what does this mean for the people that have bought Dodge vehicles when it’s time to make a warranty claim if Dodge goes out of business and the other divisions are sold off?
SOL
Sounds like they maybe working on a government bailout!
Has any of the Stellantis suppliers filed a lawsuit to get paid?
Carlos is a terrible CEO he needs to be gone asap!
Just day by day it gets worst SMH nice video 📹 keep exposing the truth
So sad to see American brands destroyed.
I’m no Dodge Fan, but man, you really seem have a hard on for Dodge.
TK'S GARAGE friend keep up the great work and putting out this important information 🇺🇸🇺🇸🇺🇸💪💪👍👍👍👍
Chrysler corporation company, now under there european Stellantis company, the new Hurricane 6CYI engines are having major problems !! Now ranging from blow Head Gaskets, Losing all oil pressure, Crankshaft snapping in half ,Cylinders cracking Internally , and issues with the Camshafts !! So things are looking bad for this company now !!!🤦♂️🤦♂️🤦♂️👎👎👎
Chrysler never pays it's bills. All the way back in 2011 I bought a new Jeep Liberty and couldn't buy anything out of the accessories catalog because the suppliers cut them off back then. Then they cancelled the Charger, Challenger and 300 which canceled 4 Billion in sales every year, starting with this one. Of course they're broke.
I'm waiting for the side curtain recall for my 2021 Redeye
Is it ALL the brands or just CDJR suppliers.. i still think something stinks here and it’s more than money issues.
Stellantis North America is in a death spiral that started decades ago and accelerating. Chrysler brand is dead, Dodge only has one model that isn't selling at all, Jeep and Ram are overpriced severely and also junk. All of the CDJR, as well as all the 'Italian' brands are poorly engineered, made and have key component failures that have chased buyers away, especially in the internet era. Labor and other costs are too high. The over-investment in EV's when demand isn't there yet. The demand for SUV's and Pickups are in decline as consumer's tastes change.
FACTS TK 💯👍👍👍
Chrysler in 1994-98 it routinely took 60-90 to pay suppliers .Companies that are large always pay late !
I worked for a grocery store cooler manufacturer 15 years ago they did the same thing to metal manufacturing suppliers and some went bankrupt because of it.
That’s Crazy And Stellantis Not Paying it’s Bills because Stellantis don’t want to pay their employees
So true!!!
Stellantis is “going to hell in a Hellcat”? Watching RUclips I thought Stellantis was the most profitable car manufacturer.
I hope Stellantis doesn’t go broke. I’ve got to take my 2014 Chrysler T&C in for another $1K repair under its Mopar Lifetime Maximum Warranty.
Only $17,000 to date.
Your right. Bye bye Dodge and Chrysler. Hello Pontiac, Edsel, Studebaker.
Hey TK, Love you're work Bro. Wouldn't it be interesting if Stelantis face plant's hard and Dodge comes up for sale and Ford buys them 🤔
May 9th; Stellantis' estimated fair value is €18.37 based on 2 Stage Free Cash Flow to Equity
Current share price of €19.80 suggests Stellantis is potentially trading close to its fair value
Neither can we. 😅
When Chevrolet and Dodgejeepcryslerram were about to go belly up several years ago the U.S. government bailed them out. I wonder if the u.s. will bail Dodge out this time. Just a thought.
OR...both!
It's so disgusting and say it to see it going down like that. I'm from Bronx, New York. There's a targe dealer. I'm not gonna say the name when I go past it. I'll take a picture I see if I could post it. They have like 30 hornets and jeeps. All sitting in outside what all these promotions on them. And nobody wants them, they can't give them away
Stellantis suppliers absolutely despise working with them, we had so many companies no bid on quotes for components so they give the work to cheap ass Chinese and korean company that cant even make the parts as designed. It blew my mind
Sell what stock you have in CDJR , before it completely goes out of business.. Seems Like they are doing it on purpose.. Kinda against the law I would think..
Does this mean the CEO better cash his bonus checks in a hurry?
This happened before with them
Toyota learned that you can't sell a pickup in America without a V8 option. A straight six was traditional a base engine. Carlos isn't the only dumbass at Stellantis.
Might be time to sell that Ram because if they go bust it won't be worth squat.
Titanic 2!! I agree The Mopar family deserves better!
They are going to have to lower the price of a Hornet to 30k if they want to sell them. 30-32 is what an Escape, Rouge & CX5 go for. I have yet to see a Hornet on the road ever?
With 600 days of vehicle inventory, they may not need much from suppliers. If nothing else, scavenge from the unsolds😄
Someone commented that Dodge could be Chinese owned. In case you missed it 40% of Chinese business has government ownership.
“Do you know what happens when you don’t pay your suppliers?”
Carlos, “I get a 39 million dollar raise?” 🤷🏻♂️
Damn, just when you think you are at the bottom, TK's inside edition comes out with another story. I have been looking at a Durango but maybe I should just hang on to my Crap Pack for a while longer until Stellantis smokes the last of their crack.... Headquarters in Amsterdam so it's legal there lol
Well the shits going to hit the fan for car owners
Also the JIT (just in time) manufacturing process while saving money up front it can stop manufacturing a car in an instant. Why, nobody makes their own parts, everything is made be a third party. Everyone in America changed to this stupid platform & now we don’t make much in America. We HAVE TO BRING ALL MANUFACTURING BACK TO AMERICA 🇺🇸.
Interesting
Come on TK you’re killing me. I love dodge there’s gotta be a way out of this.
Chevrolet wanted Dodge and Jeep forever but I don't think they are any position to buy it .Jeep is too expensive and Dodge trucks are too expensive I think it's time to stick a fork in them their done !
BOATS AND HOES!!! No body caught that? 😂😂😂😂 Lol. Great job TK.
SEMPER FI BROTHER!!
But my drug dealer is my friend!
they can pay, they just arent. classic ruining the company strategy. jack up exec pay, stop paying suppliers, fire workers, profit
The fact is that the UAW is and has been part of the problem with the increased prices on the vehicles. They will never acknowledge that their increased wages have an effect on the cost of the vehicles or slow sales. At one point Stellantis offered UAW workers a 23% wage increase which they refused.
Yeah shame on American employees wanting to be paid a living wage. They should just rely on corporations to pay a fair wage hahahahaha
Their compensation makes up less than 10% of the price of a vehicle...
Exception: government 😅
Junk doesn’t sell.
They burned their bridge years ago. Back in the 1970's Fiat's and Renaults were junk and I mean junk. They were rusting on the ship on the way over. Bodies fell off of them in no time in states that had snow and salted the roads. My 1974 Fiat 124 by 28,000 miles had the head gasket replaced. The high beam low beam switch replaced. Bearings in the center carrier bearing replaces. Yes, it had a two- piece driveshaft like you see on a Lowes delivery box truck. Rear differential needed to be replaced. I sold it at 32,000 miles. Many people who are old enough to remember those junks have passed the word to friends and relatives. They never have made reliable vehicles and time has not improved them.
What
FCA was turning big profits when Stellantis bought them out Stellantis fucked them on purpose.
nonsense! they were bought out of a bankruptcy....🙄
Some of the accounts are alll ready at 150 days uaw sean fein is a turncoat singing the.praises of the epa new rules of EV.
I’d take an Uber ride in a Hellcat 😂
US government should make the sale of them, national security.. if you think this is all a act or accidental.. French are never on our side, except in 1776 maybe only because a enemy of my enemy is my friend type of situation.. they want it all
That’s actually embarrassing. Maybe dodge should make a crypto coin. It work for Elon
Elon didn’t make any coins. He endorsed Doge and dabbled in Bitcoin.
This is a surprise? Company run by the french...name the last war won by the french....💯🤡💥🙄🤣🤣🤣🤣
I for one welcome our Chinese overloards
All of the true American Patriots” welcome Chinese overlords..” 40 years ago they all was against driving pass a foreign dealership and now they just bow to them with a smile while holding an American flag 🇺🇸 😂
Well, you may have a whole nother set of problems to worry about if you can't pay your, umm, dealer. 😬 Or your, let's call him, your escort broker.
Lol😂
The electric flop is coming soon. That will bring the curtain down. That's all folks😂