Companies raced ahead with new technologies nobody wants so who cares. That excuse dont fly. The problem is the cars are way way way over priced. Stellantis went full Bozo with the price increases over night.
That and the fact that there is so much politics involved. Stellantis' Diesel engines are the best there is out there, the first Diesel hybrid was a Citroen, now they are leaving this field to the Mercs. Same with suspension etc... Audi is basically now what Citroen could have been...
This entire analysis is contradictory. First it talks about the need to embrace the new EV technology. Then it pivots back to ICE platforms. The fact is the only auto company to make money on EVs is Tesla. China doesn't count since they have a fascist authoritarian government that dictates consumer choices. At this point every dollar spent on EVs by legacy brands have been a waste in the US. So the auto companies need to charge more for ICE vehicles to subsidize the black EV hole. Next, the over technology and luxury features put into new cars and trucks has driven up their initial costs and downstream repair costs ridiculous. Vehicles have been throw away. So after paying $60,000 plus for a new truck, 3-4 years is the realistic expected life span. And the average owner still has 3-4 years left to pay. Guess what, they can no longer afford to be in the market. Legacy management has doomed their companies and employees. It's become a pyramid shell game.
The problem is not investing in electric cars that nobody wants the problem is your products are unreliable. They break down a lot and they’re way overpriced. People cannot afford $100,000 Jeep Wrangler that’s ridiculous!
Companies raced ahead with new technologies nobody wants so who cares. That excuse dont fly. The problem is the cars are way way way over priced. Stellantis went full Bozo with the price increases over night.
That and the fact that there is so much politics involved. Stellantis' Diesel engines are the best there is out there, the first Diesel hybrid was a Citroen, now they are leaving this field to the Mercs. Same with suspension etc... Audi is basically now what Citroen could have been...
This entire analysis is contradictory. First it talks about the need to embrace the new EV technology. Then it pivots back to ICE platforms. The fact is the only auto company to make money on EVs is Tesla. China doesn't count since they have a fascist authoritarian government that dictates consumer choices. At this point every dollar spent on EVs by legacy brands have been a waste in the US. So the auto companies need to charge more for ICE vehicles to subsidize the black EV hole. Next, the over technology and luxury features put into new cars and trucks has driven up their initial costs and downstream repair costs ridiculous. Vehicles have been throw away. So after paying $60,000 plus for a new truck, 3-4 years is the realistic expected life span. And the average owner still has 3-4 years left to pay. Guess what, they can no longer afford to be in the market. Legacy management has doomed their companies and employees. It's become a pyramid shell game.
No ome want unreliable car with a wet belt engine
Cheaply built cars at ridiculously at high prices, of course they're not selling.
Blaming this on people for not buying electric cars is just lame.
1. Too expensive 2. Poor quality.
The problem is not investing in electric cars that nobody wants the problem is your products are unreliable. They break down a lot and they’re way overpriced. People cannot afford $100,000 Jeep Wrangler that’s ridiculous!
What could Stellantis expect other than failure? Every vehicle they make is total junk.
no body can efford 80k autocar