UAW & Dodge, Jeep, RAM Might Go OUT OF BUSINESS
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- Опубліковано 26 вер 2024
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Today on the Daily News You Can Use, Ray and Zach discuss the latest drama between the UAW and Stellantis. Tune in to learn more!
$70K for a $35K truck. and it's not just them it's every manufacturer.
75k for a 35k truck. Is it Bidens fault?No .what we have is runaway inflation. Blaming labor unions makes no sense, Contracts are NEGOTIATED by lawyers in both sides. The employer knows how much they can’t pay and the union knows how much they can pay. It would make zero sense for the union to negotiate a contract that will close the business. Blame this all on Greed. They at least used to give us an excuse for prices going up now the companies are like fuck it raise the prices.
I'm not saying it's a conspiracy, more like a CARspiracy.
You won't see Ford going out of business. Dodge & Gm is very possible. The quality is awful.
@@Lethalrain221 Ford is leader in recalls, 3 years running. Their quality metrics are atrocious. Jesus.
@@Lethalrain221on top of that only thing at ford that’s selling is the f-150 everything else is sitting on top of that Lincoln ain’t selling nothing
Who knew killing off your muscle car lineup, pricing people out of them and the 3 products they create now, would hurt your business 🤣
If you think that's baaad... I'm sure the public is going to be rushing to buy stellantis products after they very publicly approve a new contract for their employees and then lay off most of them off all while rewarding their CEO with Bank busting bonuses.
@@steveshattah Just looked at one of our local Ram dealer. The dealer is discounting $8,000 dollars but I don't see any major discount from Stellantis? I won't buy anything until I see Stellantis pony up some major bucks for their part in this pricing BS.
Gone for good dude.
pick up an older one to play with & baby. it should last you.
I bought my last 2500 RAM 6.4 in 2015 for 39K out the door, the same rough specs today are 62K plus....no freaking way. Its basically the same truck 9 years later for nearly 2x as much.
Also interest rates are far higher and insurance is also higher.
@@zachlafond2652 I own mostly older vehicles so now that I am in my 40s its hard to compare as I am paying way less than I was then full coverage with 2 vehicles on a 2018 the other 2007 only 140 a month. I had to sell the 2500 after my divorce sadly I really liked that truck and went back to a 2007 F-250 6.0 which has been reliable for me.
One of the original Rebels here, and yes - almost entirely inflation and interest rates. Bring that value in line, and the new 2025 Rebels are actually slightly cheaper than the original 2015 ones.
Hi,
Ok so I understand your statement , and frustration. AND the more truthful less hyperbolic take is, that while yes the prices are ridiculous, these trucks 9 years apart technology wise, and I don’t just mean screens, I mean as far as required safety tech, is much more advanced as well as the tech employed for emissions are more expensive. They are over pricing the vehicle, and there are more costs involved with making this vehicle and no 9 years old truck isn’t the same vehicle. Comments are fun and hyperbolic statements get to be a bit much
Some companies figure out how to make their products more efficiently. Jeeps have become WAY too expensive. I am on my 4th Jeep (2016 Cherokee), but I don't see myself buying another one because the value proposition no longer makes sense.@@LafemmebearMusic
Why would I want to buy from a company that might not be around to honor the warranty in 2-3 years. Buyer confidence has tanked.
A fair observation and question imo.
Ask a UAW member to fix it.
The internet and social media is Stellantis’s worst nightmare. The public can really do their research before making a major purchase which is not in Stellantis’ best interest. Their poor quality and exceptionally high prices are going to tank this company and it’s about damn time.
USA will bail jeep out.
@danielpilachowski2424 Jeep will be sold to China for a good chunk of change. Just my opinion. I hope not, I'm a Stellantis assembly line worker for 26 years . Just finished pumping out the Charger/Challenger/300 (real muscle cars) and getting ready to build the 2026 Jeep Compass in Brampton Ontario Canada.
Local dodge dealers still playing the "gotcha" game. They aren't hurting enough to actually deal.
My local dodge ram still offers 6.75% @60 months for their trucks. Sigh
They're tapping all their credit to stay alive now. Wait for them to OOB then offer them a fire sale deal.
They will if people keep on not buying and floor plans start to repo their vehciles.
@@ryannguyen916 One local dealer is discounting but noone else. BS
If they discount it themselves. They make nothing from the trucks and they go out of business as well.
Both the UAW and Stellantis will price themselves into oblivion. Pigs get fat and hogs get slaughtered.
Sleepy Diaper Don fell alseep AGAIN!! 💩💩💩
And be out business and work
So when they kept raising prices, and the employees wages were much lower, that was ok in your eyes? 20 years ago their employees could afford to buy a car, today they are still struggling to afford a $1,000 car payment. Their contract was stagnant for 20 years, your blaming the wrong people, they are in the same boat you are.
I won't shed a tear. I've been a Detroit Three Cheerleader since I was 10 years old and simped for them for over 50 years now. No more.
This industry has eaten itself alive from the executive floor to the shop floor and every floor in between for 40 years. Short term gains at the expense of long term viability. Big paydays for executives and Union leaders. Continued shrinkage of the workforce over that time:
The United Auto Workers (UAW) workforce in 1979 had a membership of over 1.5 million.
The union’s membership has fallen to around 390,000 active members.
Good work UAW.
You'd think the labor savings would allow management to hold the line on prices... But no. Big fat pay checks and stock options. Golden parachutes. All brand equity for sale, cheap!!! Where can we offload production for $1.25 an hour and a 16 hour day??? How much cheaper can we make timing chains, radiators, turbos, transmissions, how much more plastic can we engineer into our next gen engines? How can we pound our suppliers for cheaper parts???
Screw em. They hate their customers.
Buyer's Strike. Fix what you've got and let them burn.
And you are a painfully gullible dope.
I priced a 2025 Ram 1500 tungsten, added all options....$124,600 +taxes Canadian. Yes I think you need a head check to ever consider buying one,coming for a Ram owner
Go woke, go broke
That's more than my first house lol what a waste of $
Zach… your Shure SM7 Mike is not selected as audio source… your voice is coming through the computers tiny little microphone. Double check audio source selection on your broadcast software.
Signed, 35 year audio pro
Is that why you see a lag with his voice?
As a production line welder at A.O. Smith in Milwaukee, WI. 1973. We produced 90% of Detroits GM full frames and sub frames. Factory "design" evolved little from H. Fords day. 2-3 story tool & die presses, the ubiquitous line Moved as One! Gas wire welders. Flat stock to frames Loud of every type! Won't miss it.
In one of Louis Rosseman’s videos he points out why NYC landlords can’t lower their ridiculous asking property prices. If they do that, their bank loans can be called In because they’re admitting these properties aren’t worth thir outstanding loan amounts.
Something like that may be happening at car dealers.
Why would you want a Dodge Ram without a hemi?
Why would you buy 1 period
Because Cummins. That's why.
Just got a 25 Rebel a few weeks ago, the Hurricane motor tows better & is way quicker then any of the 4 Hemi powered Rams I had, & so far has better on fuel then the 3.6L I had in my 2022 Ram, which surprised me.
I had a 2008 ram 1500 4x4 with the hemi for 13 years no problems just likes gas, rusted out . Bought a 2021 classic with the v6 and I so far I love it and a lot better on fuel.
All rams are the third best trucks in the USA. So why not buy something else?
I’m not terribly into the auto industry, but this father-son show is interesting, and I applaud and admire their seemingly close relationship. Good work guys.
~65k is the average price for a new truck plus the ‘fees’ the dealers add on it’s around ~72k-75k maintenance, gas, insurance, and DMV registration it’s another 6k added on top of that new truck you just bought
In 2008 about 20 percent of the total TARP funds - $80 billion - went to bail out General Motors and Chrysler. Remember this!
Yes, absolutely. Although they say the paid it back, they only repaid the amount after bankruptcy day. Which leaves GM still owing approximately $27 billion and Chrysler $8 billion. So the U.S. taxpayer is still out almost half the $80 billion.
Don’t expect prices to go down when they goto Mexico. It’s about profits and they’re not happy with moderate profits. These CEO’s are into gouging prices!
No one should be surprised with this move. The aerospace industry, which I worked in for 25 years, did the exact same thing.
I bought a 2019 Ram 3500 dually. Within 21000 miles in 3 years it had to have a major break part replaced 3 times at a $2500 cost each time. Two of those were warranty, the 3rd time I had to eat it. When I traded it in on my current Tacoma it needed that part replaced again at 34000 miles. My Ram was the Biggest headache pile of junk truck I've ever owned. I will never step foot onto a dodge lot again. I was so happy to only get the auction price for trade in to get that junk off of my back.
Why wont you step onto a Dodge lot ? Dodge has had nothing to do with RAM for 14 years dude.
You know what he meant Ram Dodge whatever. Those trucks are trash. I've never seen a ram that went over 50k miles without a major repair. Never. Won't happen
@@AussieDazza Let's not kid ourselves into thinking that the profits don't go in the same pockets as before.
$100,000+FOR A 1/2 TON TRUCK!!!!! NO WAY EVER!!!! NOT EVEN 1 /2 THAT!!!
What’s wrong with paying people what they’re worth. Rather see them shut down than to hear about them outsourcing engineering from outside of the country.
Most of them aren't worth it. Trust me my guy I see it every day. If you were a boss, you'd fire well over 50% of what you have on the floor.
Somewhere, Barry Soetoro is rubbing his hands together and saying “ excellent, mission accomplished.”
Don't forget Mike & the kids.
The nuclear black family ...
@@luckyguy600 Wow, you stole my gusto. ;-) Those two daughters are not theirs as one of them has a birth certificate originating in Morocco.
And Big Mike...what can one say??? Those long arms, huge teeth, stout shoulders, muscular legs, etc. tell me she's no female.
Calling Aerosmith...dude look like a lady or vice-versa, LOL.
not just trucks, currently just one of my local chevy dealer has 17 chevy bolt EUV, brand new 2023 unsold, even then they are not willing to negotiate price with me. If I bought this, turned around for a trade in, value would be 40% of what they're asking.
Was shopping for a 2021 Cpo Volvo Xc90 with my daughter. Dealer was excellent, no pressure sales, fair and treated her very fair. She took her pervious 2010 Volvo there for service, driving 60 miles for service because they always treated her just like she bought it new. There are some dealers who get it
A side note, Ford Bronco's are sitting on the Lots, cant sell them.
A Bronco II and a full size Bronco took me through 25 years of active duty. Total cost for both was $28k.
Me and my 37K bronco 6G with lockers 👀 at all the on lot 60K broncos… the dealers don’t have the lower / bare minimum trims and the higher trims aren’t moving.
Funny, thats all you see drivin around here in florida
Broncos all over the road here in florida
I think people have slowed down on buying new cars but I definitely see a fair share of both bronco's out on the road. The bronco sport is one of the best deals you can get
Stellantis knew they were going to downsize before signing the contract. The UAW spooee'd all in their underwear about this contract renewal and defeating management only to realize they were played and about to be fired.
They weren’t played , they knew what the BIG THREE were going to do. The handwriting was on the wall !
Over paid mob bastards
Ray says that most of Stellantis' customers are not in America. So, where exactly are they selling $110,000 Jeeps and $80,000 pickup trucks, if not in America??
Those things are not selling anymore. The customer for a 100k vehicle is coming to an end and most of the people that buy these vehicles are business owners using tax write offs lol. So seems that market is saturated and it’s about done.
The CDJR brands don’t even make up half of the brands that Stelantis owns. They’re selling vuxhalls, fiat, and citrons in Europe like hot cakes. They don’t care about CDJR anymore.
Since Stelantis sells double in other countries what they do in the U.S, I’d say Ray is right.
Stellantis (globally) has 14 automotive divisions. CDJR representing only 4 of those. The other 10-12 are European or "global" European luxury brands. Just 4 N.American/US brands. The Dodges/Chrysler and RAMs aren't selling. Jeep is more of a global brand but even they are selling only modestly.
The Chyrsler division isn't important to them, they think Americans are barbarians,. They can't tell us what they think a car should be (the Hornet) so they will probably put their nose in the air and walk away after destroying the brands here.
I love hearing about dealers going out of business, any thoughts about this being by design so Stellantis starves and drives dealers out so they can keep ice and go direct to consumer?
Pretty wild to think about…
The other thing you need to remember is that multi nationals can easily cut in the US due to at will employment laws. In other countries it can be very costly to lay off employees because severance is punitive.
The UAW putting themselves out of business, one manufacturer at a time.
I’m sure Selantis is up for sale right now and the Chinese are gonna buy it.
The UAW got a great deal that will put the workforce out of work. Sensational!
That’s what unions do! The mfg cannot pay these worker to sit around and play checkers. The company has excess inventory they can’t sell. They have dealers who won’t take anymore. The mfg has no other choice but to keep the factories minimally staffed.
The uaw has over a billion in their strike fund alone …they ain’t going anywhere
Their union leaders lookin out for them!
I watched the steel workers do basically the same thing the UAW is doing now.
Exactly.
And now a new wave of automation is starting in factories (gicastings & humanoid robots).
Add the purchase online process + the 🤖 🚖 revolution... The next 10 years are going to be wild in the auto world.
Just bought a 5spd 2007 Mazda 3 with 95k miles. Only 5 grand. Lower your expectations and wait for the crash.
Kids....going out of business and bankruptcy are two entirely different things.
Dodge, etc. have gone under multiple times.
Jeep alone would be sold off as so many kids want to buy Jeeps to look cool (it's a Jeep thang) despite their grotesque lack of quality.
Ram is in trouble with getting rid of the Hemi to meet gov mpg requirements. Maybe enough kids will like the speed off the line instead of longevity with turbos.
Dodge is Dodge. Nuff said.
UAW guaranteed moving more jobs to Mexico with the last contract, GM and Ford included.
Which is what they were going to do anyway !
Sounds like a re-alignment in the US Pickup truck business, a combination of factors, interest rates, inflation, cost of fuel, are driving consumers out of the pickup truck business. How many people who buy them really need one?
The US truck market is healthier with (3) players. I personally would hate to see RAM go under, though I'm not a "big truck guy". I think both RAM and Jeep could do alright IF (if) properly run/managed. That might need to be done separately.
I have a 2019 ram 1500 and I need it. I also do not live in the city.
Bout’ half !
50 % of Pickups are useless toys. Boo hoo hoo. Buy a car you broke cowboy 🤠
Radical idea, to boost sales, cut the price in half and double the usable warranty period .
“Baby poop, Goldie brown…” 🤣🤣🤣🤣🤣 good one fellas!!
They are NOT "Too Big To Fail" this time!!!
You are correct.Nobody going to continue fund failure.
@@detroitblack258want to bet? Congress will pass a bailout to curry favor with the voters.
@@BenLapke International company, and the product are overpriced. Three times is not a charm. People worn out about bail outs. The executive are overpaid. I am from Michigan
Don't tell us that. Call your Senators and Rep.
When you buy a Dodge, Jeep, or Ram not only do you get the headaches of trying to keep it running, but you get the privilege of still making the monthly payments while it is sitting in the Junk Yard.
By the time they sell the dealer will have to order antique plates
😂
Great add on fee.
I bought my current 2005 Ram 1500 Daytona edition (2door/2wd) used in 2007 for $13k. It only had 24k miles on it when I bought it. I bought it from an individual who was desperate to sell for financial reasons. I am still driving it today with almost 260k miles on it.
I have sank some money into it over the years, keeping it maintained and repaired, but not any more than what I originally paid for it. That includes a full engine replacement (reman) plus new torque converter last year at around 250k miles. Also, I completely replaced the suspension, steering, and brake systems myself 4 years ago.
All of that, and I still haven't spent even a third of what a new truck costs, and my old truck is still beautiful and mechanically sound.
Do yourself a favor and just keep what you have. Be happy with it. If you have the money to make payments on something newer, just save it and use some of it occasionally to maintain and repair what you have.
I love Ray! He truly understands all of the issues here. Stellantis also got a lot of favorable contract language in this deal. The COLA raise is currently .12 cents per hour. They chose to use the highest inflation rate as the base so it will only be minimal. Stellantis negotiators were playing chess while Sean Fain was playing checkers.
The people who would buy the Hornet can’t get a loan
I've been waiting a month for the dealership to get a radiator for my '22 Silverado. With no ETA on when they might get one.
😂 No Hornets on the road. Literally!
I saw one last week, at Costco. Not a bad looking vehicle. Not that I would consider buying one.
Remember "Too big to fail"?
The UAW is pro Dem. they will not allow the UAW to go away.
I’m shocked to see how expensive those hornets are. $35k for a sub $20k car
10k car max, built by Alfa and FIAT, junk.
my 2013 and 16 ram 2500 has been great to me ..one has been towing consistently for 100k miles and the other goes on long road trips with 210Kmiles and just regular maintenance for both .. I have a gmc as well and I don’t trust that thing but me and my wife know we’re not keeping it
About 16:50 Zach does a Bevis laugh.
Sounded like Butthead to me😎
Ray has it correct, Stellantis is a european company and does not look at the US market like an american company would. They can and do play the game different than the US company's do. Toyota is no different in their view of the american auto market. What we want from them as a consumer has little affect on their global market decisions and outlook for the future of their company's. They will go and build auto's where they have more control of their business.
When I lived in NH I bought a used BMW from the BMW Dealer in Manchester and let me tell you. Negotiated online, showed up signed and drove off! #wow
Bought another in Texas and same deal. Pleasant experience.
Luxury dealers don’t jerk their customers around. Really bad idea to do that to customers who have $.
I don’t see Jeep disappearing. Maybe it finds new ownership but it seems like that’s a brand that’s not likely to die, the name means too much.
True, kids will buy Jeeps no matter how crappy they are.
I don't know, they got rid of Aunt Jemima, and I loved Aunt Jemima.
Jeeps are 🔥 🗑️
Nothings safe
@@98ws6m6cvert too true
I don’t get it. Why did Stellantis even buy Dodge, Jeep and RAM.
They didn't. Obama gave Fiat, Chrysler. After the forward thinking Fiat CEO that brought you Hemi, Hellcat and Demon Chargers/Challengers etc. passed away the brand started going downhill and they merged with French Puegot to form Stellantis.
@@cmiles97x38the CEO at the time was crap. He literally ran the brands like he was a single mom with 10 kids. They had the srt brands and big engines well before crappy Fiat came in and they didn't need Fiat. They needed a restructuring just like GM got.
***Two things
1. I drove a Hornet R/T it was FAST as Heck
2. The UAWs ridiculous demands. Are putting auto workers. In the unemployment line. As much or More then Stalantis foolish decisions
I find it amusing that after the UAW essentially drove a stake through the heart of the auto industry that they are surprised that they are not universally loved.
I guess your'e just more easily amused, most kids are.
Yup
I enjoy my good benefits. Retired at 56 years old. Look at the rise of their profit margins and the great pay package the top 10% get. 200% increase over the last three years.
Oh, I saw my first TV ad for the Hornet yesterday. They DO advertise it. 😊
Jeep and Ram will not be going away. If anything the Chrysler and Dodge nameplates will be gone. Stellantis must be run by idiots. Their pricing strategy has to be the craziest of all. $70k for a $45k truck is insane. Same with Jeeps. A Wagoneer or Grand Wagoneer for upwards of $100k is just beyond anything rational. Same with a Wrangler.
It’s not them it’s Uwe and gov any business model this day will struggle
@@roshb6748 there needs to be a balance between management of Stellantis and United Auto workers. Unions do serve a purpose.
A great deal of costs are added to every single body on frame truck and SUV in North America, CAFE regulations, and things relating to emissions by the larger engines, are adding tremendous cost to every vehicle. Tesla was profitable for years just on fees that legacy auto makers paid them to offset their CAFE rating
I thought manufacturing technology was going to make cheaper just as good if not better quality products that the masses could afford. Oh funny only public employees can. Drive by Firehouses, police stations and county town employees parking lots. How the F can they afford 80k trucks on my back
Cops, Firefighters and County employees pay taxes too, just like everyone else.
Should have gotten one of those jobs for yourself.
@@dvader3263 Ur 100% correct. That said there pensions, 5k uniform cks, 3k to where body cams & special mortgage deals at low interest are all good but Not off my back… oh they got those jobs often as political patronage. That’s ok I’m old and I observe. Gen x, y x are screwed and we think that we are controlled by the rich wait till just 3-6 oligarchs throughout the world.
Yes ream the taxpayers. Total crooks cops
Join a union or start your own company.
I did self-employed for 45 years.
I had a Oil change on my 2019 jeep cherokee overland 4x4 2.0 liter, after oil change parked my jeep next to Hornet and was same size as my Jeep.
I found Hornet online for $52,000 and marked down to $38,000.
Hornet looks to be nice car, but I will be giving daughter my 2013 dodge dart with 60,000 miles next year for her graduation.
I was looking at Hornet for my everyday car.
I would prefer a dart because never giving me any issues.
Good thing Ray is watching the comments.😁
Yeah, (at about 27:00), I agree. I bought Ford Rangers for years, but I'm in no hurray to go back. This is partly because of slick ways they rooked me out of what were really fairly small amounts of money. Small in comparison to the value of a lifetime customer anyway. Not too thrilled with the way my Toyota dealer treated me either. I think I got a better truck from Toyota though, despite how I feel about the sleezy tactics they used to get really just a few hundred dollars out of me when I bought it.
The big 3 are ford gm and tesla.
Tesla’ s stock dropped 47% last week, and it keeps spiraling downward
Ford GM and Toyota
Stellantis should just close it doors
@@JohnRuhlJr-wf1onreplace Ford with Nissan Nissan gmc n Toyota
@@fritty9927 Huh? It's $171. On April 26th it was at $168.
I work at the GM plant in Spring Hill, Tennessee and part of the UAW. I am stressed. I have worked for 4 different trucking companies in the past year and I am stressed about the future.
Time for them to go. CDJR has been bailed out too many times. Should have let them fail years ago. If you operated like they do,you'd be done & nobody would bail you out.
Yes, I've had dealers tell me they will charge as much as an extra $10K for paying cash. It is illegal to discriminate against a buyer for paying cash. The FTC is getting ready to crack down on this practice.
This has been happening for years the dealers get kickbacks from the finance companies. I sold new Fords back in the early 1990s
Will anybody notice or even care if they do?
Yes in Detroit we will😰
Part of that is those new 2025 are listed but in a lot of cases they haven’t even arrived at the dealerships yet. Most of those are factory pictures and not dealership photos for a reason
Did you read: Toyota is giving Japanese factory workers their biggest pay raise in decades. Several other major car brands - including Nissan, Mazda, and Honda - are also hiking pay! *The Confederation of Japan Automobile Workers' Unions (JAW, Japanese: 全日本自動車産業労働組合総連合会, Jidosha Soren) is a trade union representing workers in the car manufacturing industry in Japan.*
IT IS AN AMERICAN MANAGEMENT AND GREED PROBLEM
Toyota's are made in Mississippi, Kentucky and Texas only the 4 Runner is made in Japan ( For the US market)
I read on the RAM FORUM that several people suspect Stellanis of purposely sabotaging products on the production line...so they can make their case for moving production off-shore. I'll keep my 17 year old 1500, thank you.
Ray! You’re 73? You don’t look a day over 60.
I couldn’t care less about the UAW or RAM, but I would like to see JEEP land at Ford where it started. Call me nostalgic.
Perhaps Caredge could make a list of dealers that have a salaried sales force and incentives for them like the one mentioned by Ray. Implies a dealer worth going to.
No more auto bailouts!!!!
Can you guys give a weekly update on which cars are most search for on the caredge website? I think it would be a great piece of info for the viewers.
Nobody outside of Detroit thinks that the American cars are worth anything near what they are asking. If anybody has driven a real car then a Chevy or a ford it’s a joke. They need to embrace that they are the dollar store of cars and drop the damn price.
They are too big to fail. The US taxpayers will foot the bill like we did in 2009.
Yes. That's why they won't change. Why go back to selling low-priced models when they know the bailout will be there.
I wonder if they will do that this time.
1. No financial crisis, triggering the decline.
2. Stellantis isn't at all helping as far as electrification is concerned.
3. Multiple US startups are building EVs,
4. It's not even an American community anymore, just a limb of a European conglomerate.
5. We already bailed them out 15 years ago
6. Garbage product nobody wants (except maybe Jeep fans and Dodge burnout bros who are a plague on our roads anyway.)
I work on cars for a living and I could say this manufacturing sure has gone down and the cars that America isproducing today are trash
Maybe if Stellantis leaves the US, we can once again buy the Mahindra Roxor!
They screwed themselves with a new contract raising pay by 25%. Detroit automakers are now not competitive…. Brilliant.
not unexpected that they will close Dodge Jeep Ram as none of their crap is affordable
Just got back from Big Star Dodge in Houston.
They have Challanger RT's after incentives listed for $31k.
After fees they got it back up to MSRP $46K. Total scam
Everyone has a ton of inventory. Everything is too expensive
Agreed. I love that they're going to eat those crap truck and cars. They overpriced these vehicles and people can't afford it. Party is over
Not everyone. My Toyota dealer in Indy hasn’t had a 1/4 lot full of cars for two years. Went today and they had 3 four runners, 1 Tacoma and a smattering of Tundras. This is the biggest dealer in Indianapolis.
@@fritty9927 Another over priced tin can. Tacoma and Tundra's are so cheaply made. We see them at the body shop and it's insane the lack of quality and how cheap they're. made.
@@michaelcostin2384 That’s not the point. They are still selling them as fast as they can make them. Go try and find a RAV4 or Sienna, or Highlander. Regardless what you think the bottom line is they sell.
PS: I doubt you ever worked in a body shop.
Economic reasons
I said this back in January looks like they would destroy their product file for bankruptcy and break contracts.
This is the perfect example that the wages the UAW demanded do not match what the market will accept.
Blame the front line workers for management's incompetence.
Your right! The way these companies overseas operate is like a saboteur in our midst. They buy a big company here in the US then strip its assets buy selling throwing in the dumpster. Then take huge write-offs from the great uncle here. They even get to the point to push safety beyond the norms. This way they duck any liability that would arise. But it's on the workers dime. Time is money, money is time. But as you said, they don't care. They are still making money. A good example is a look at Greyhound. First Group bought them. Did not want Greyhound. Just school buses. What did they do. They made Greyhound look profitable by not purchasing new buses. Then, scraping or selling others. These were even going to overseas containers. This way, a profit is shown on the ledger. So buy us. At the same time, the US government is still paying them to continue being a national transit network. That today it's not as it was. Look as you drive the roads. Do you sea Greyhound. It's not what it was by no means. Now they are sold a new company has them. It going to be a struggle to bring them back. Much like an instant replay is happening with Stelantis Chrysler. Who continues to get breaks from our uncle Sam on losses and depreciation. The one suffering is the worker. There is nothing in the tax code for revenue loss. Or career changes. So look at the parent company. They are the ones picking the bones clean worldwide. Just like First Group did to Greyhound. I don't see Chrysler making a comeback with out some kind of government intervention. And it would need to be under new ownership again.
Former teamster here. More than once did a great contract result in fewer ppl. Not every time tho, but more than once.
I had this conversation with some friends a few months ago about Jeep. My opinion is Jeep doesn't have any product other than a 4WD/2WD Jeep, pick between 2 or 4 doors or the hybrid or gas engine and I don't think a majority of people want a electric/hybrid Jeep in their driveways. I told my friends I don't see how Jeep can stick around with basically one or two products to sell, maybe sales from the other brands could prop Jeep up for a short time but definitely not the long run. Does FCA/ Stellantis even care to invest in Jeep for the long term? Lots of questions to be answered who knows what the future holds for Jeep.
UAW had nothing to do with the bad business decisions made by dodge/jeep.
Keep on demanding more and more and more and more and more………ask the steel workers how that worked out for them.
except raising prices
@@joshuamccall8043are you saying that the current outrageous and ridiculous vehicle prices are because of the UAW?
Ray is right...the actual Stellantis CEO gives nothing on anything except the margin and his bonus. He will kindly accept, that some brands will go off-market - Stellanrtis is a bunch of sick brands producing crappy cars, nobody wants. I nEurope things are also not looking too good for this brand - too much "junk cars" they have thrown on the market
Yes I want to buy a 25,000 dollar pick-up with 40,000 dollars worth of lipstick.
I've lost touch with what's happening with the wait for buying a new Ford Bronco. I just saw an incentive from Ford and I've noticed growing inventory. Can you do a report on that?
To all you union haters. I guess you never worked somewhere where employees didnt have a voice and the company just constantly added more to your job description without equal pay increase. Unions are some of the best things for employees. You actually get to do the job you are hired for and not everyone elses who doesnt want to do anything.
What about the union bosses who laugh all the way to the bank when the inevitable layoffs happen? Think Eric Fain is paying any laid off worker's severance as a result of his actions?
Absolutely and they have to pay people a livable wage .Unions are the only stop gap in between predatory capitalism.Because these companies don’t want to pay you and will outsource to cut costs in seconds .
@@TheLemart hilarious how you don't think Eric Fain is predatory.
@@canopener505ify I was speaking in terms of non union companies not Eric Fain I’m part of a union and make a livable wage .
@@TheLemart well he's the head of the snake. So when you talk about unions, it's disingenuous to ignore his or other union bosses' roles.
No mention of dropping the v8 for a twin turbo 6cyl effecting demand?
Just had my local DJR dealership pepper my whole neighborhood with candy filled bags advertising themselves. Hopefully it’s a sign they’re getting desperate.
the Big 3 blew it with the UAW. they should have stay out for 90 Days and made the UAW empty their strike funds
Common sense will tell you they all have to change to survive. That means less people.
How would management closing dealerships positively impact them?
UAW sweating it now, their hindsight isn't 20/20. Now their members might be regretting their 'NEW' deal with manufacturers. Sometimes you have to make due with what you have,...just like us consumers have to with our older vehicles.
Union bosses don't care about the worker, and the worker doesn't realize it. Union bosses will laugh all the way to the bank in spite of layoffs.
Mopar guy all my life. Love my 2015 Ram and classic mopars from the 60s. I have a feeling Dodge/Ram (why did they switch to Ram and not Dodge Ram?!?!) will be gone in the next 5-10 years
I finally saw a Hornet yesterday...first one I ever saw.....actually a nice looking car!
Like most Fiats, it is. But it's a Fiat.
It's super slow
Stellantis builds the Ram 2500 & 3500 in Mexico. The 1500 is so grossly overstocked and not selling (due to being overpriced and horrible quality) that they're just shifting the 1500 production to Mexico too. I don't see CDJR surviving this, not without major price cuts and quality increases.
Ford isn't far behind.
Layoffs when the Corporation is making Billions!