UAW On Strike

[Ingomike]

Wow. If consumers don't want what they're building, can you explain why all three companies have made record profits in the last ten years?

The current situation is an example of this disconnect. The big three have committed to 100% EV. Few consumers want them. They have sucked up to the government teat most my life. Agreeing to ever increasing CAFE standards and pushing the cost to consumers.

As for profits they are putting the chips they have in upscale vehicles, with fewer options, to get the profits…

 

[foszoe]

The current situation is an example of this disconnect. The big three have committed to 100% EV. Few consumers want them. They have sucked up to the government teat most my life. Agreeing to ever increasing CAFE standards and pushing the cost to consumers.

As for profits they are putting the chips they have in upscale vehicles, with fewer options, to get the profits…

They had, recent stories seem to indicate they are backing off that 100% thing. At least near term.

 

[Rookie]

The current situation is an example of this disconnect. The big three have committed to 100% EV. Few consumers want them. They have sucked up to the government teat most my life. Agreeing to ever increasing CAFE standards and pushing the cost to consumers.

As for profits they are putting the chips they have in upscale vehicles, with fewer options, to get the profits…

The current situation is ICE vehicles and hybrids. Both are selling well. The future situation is EV and, judging by the pace, they're not really that excited to dive into the market.

As for profits, Ram has probably 10 different models with all kinds of options. Jeep wrangler has at least five. Yes, they are getting stupid expensive which is why I'm not in line to buy another any time soon. However, you still can't look at the number of units sold and claim that sales are dropping. I think this quarter is the first that we didn't set a new benchmark on units sold.

 

[DoggyDaddy]

Yes, they are getting stupid expensive which is why I'm not in line to buy another any time soon.

I've definitely been priced out of the new truck market, and damn near priced out of the used truck market if I want something even 5-10 years old with less than 200K miles on them. Call me crazy, but I'd like to have my car payment be less than my mortgage payment.

 

[foszoe]

I've definitely been priced out of the new truck market, and damn near priced out of the used truck market if I want something even 5-10 years old with less than 200K miles on them.

Even Toyotas?

 

[DoggyDaddy]

Even Toyotas?

I'd actually like a Tundra, but I think they're about as pricey.

 

[sadclownwp]

Obviously, people want them since they're selling a lot of them.

Jeeps are in more markets now where they were not before. Japan is a huge market for Jeep right now, the largest growing segment. The high end luxury models are new and selling well to people with too much money. Who need something the size of a mini van without being a minivan. You can't even get a low end Challenger or Wrangler now. The new low end is the mid end from 10 years ago.

 

[KLB]

However, you still can't look at the number of units sold and claim that sales are dropping. I think this quarter is the first that we didn't set a new benchmark on units sold.

 

[Rookie]

View attachment 304978

Is that stellantis or all vehicles?

 

[Rookie]

Even Toyotas?

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New 2023 Toyota Tundra from Kokomo Toyota in Kokomo, IN, 46902. Call (765) 453-4111 for more information.

www.kokomo-toyota.com

Jeep Indianapolis | Dodge Dealer | RAM Truck Dealership

Shop a great selection of Jeep SUVs and RAM trucks at Kahlo Chrysler Dodge Jeep RAM near Indianapolis, Indiana.

www.hellokahlo.com

Pretty close in prices...

 

[DoggyDaddy]

New 2023 Toyota Tundra For Sale at Kokomo Toyota | VIN: 5TFJA5DB6PX108750

New 2023 Toyota Tundra from Kokomo Toyota in Kokomo, IN, 46902. Call (765) 453-4111 for more information.

www.kokomo-toyota.com

Jeep Indianapolis | Dodge Dealer | RAM Truck Dealership

Shop a great selection of Jeep SUVs and RAM trucks at Kahlo Chrysler Dodge Jeep RAM near Indianapolis, Indiana.

www.hellokahlo.com

Pretty close in prices...

If they were 10 cents, and all I had in my pocket was a nickel, it would be the same situation.

 

[foszoe]

If they were 10 cents, and all I had in my pocket was a nickel, it would be the same situation.

Except I would  loan give you a nickle.

 

[jamil]

It's record sales, not just profits. Again, people obviously want them.

Record sales? It’s certainly better than it was last year. There wasn’t much inventory because of the lockdowns. New vehicle inventory has improved a lot this year, and in the last several months sales have been near 20%, year over year higher. I think we can say that this year, car sales have recovered. Stabilized. Record units sold? Not even close.

Record average sales price? Oh yeah.

 

[jamil]

Both

Not both.


ETA. In EV’s, I’ll give you that. They’ve hit record sales.

 

[KLB]

Is that stellantis or all vehicles?

All US sales

 

[Ingomike]

US Big Three auto companies commit to making cars that people don’t want

I grew up in a household with parents who were of the Greatest Generation. They lived and shouldered through the Great Depression, and then their lives and families were thrown into turmoil on Dec. 7, 1941. My grandfather worked for the War Department in Washington, D.C., and during World War II,…

www.washingtonexaminer.com

 

[bwframe]

Ford to striking UAW: We are at the limit. We stretched to get to this point

Ford negotiators reveal they thought they were making progress with the UAW when the Kentucky Truck strike hit.

www.freep.com

"Our offer includes unprecedented improvements in wages," Kumar Galhotra, president of Ford Blue, said during a news conference Thursday afternoon. "This offer would put employees among the top 25% of all U.S. jobs, hourly and salaried. Provides great benefits. We provided product commitments for every UAW factory and provided job security commitments. It would change the lives of our employees for the better. All things considered, it's an incredibly positive offer."

 

[sadclownwp]

Let's see if the rest of the big three have the stones to draw the line in the sand. Honestly I'd turn it around and start decreasing offers every week, and start making plans on relocating things outside the US. It is time they did their financial duties for those that invested their hard earned money into their companies. They negotiated in good faith, now it is time to plan on a financially successful future without the UAW.

 

[firecadet613]

Let's see if the rest of the big three have the stones to draw the line in the sand. Honestly I'd turn it around and start decreasing offers every week, and start making plans on relocating things outside the US. It is time they did their financial duties for those that invested their hard earned money into their companies. They negotiated in good faith, now it is time to plan on a financially successful future without the UAW.

Exactly this!

 

[Hookeye]

I wouldn't trust a company statement that says they've negotiated 100% in good faith.
GM set up the scam that was Delphi.
They also lied about a deadly fault with some of their cars.
But sure, believe the gal if ya want, she's gotta be honest compared to a grizzled old guy w a cigar.