Ford Sued For False Advertising, GM Gets Hacked, & Hyundai Recalls 300,000 Vehicles
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- Опубліковано 26 вер 2024
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Today on Daily News You Can Use, Ray and Zach discuss 5 predictions for what happens in 2022 and beyond. Ford is also fined $19.2m, GM is hacked, and Hyundai recalls hundreds of thousands of vehicles Oh, and it's Ray's birthday! Be sure to tune in.
I've seen signs of prices cracking now. Dealers reducing prices on some used cars they've had up for over 60 days. Stay strong, go shopping in October everyone
Battled with Yuma Chevrolet yesterday dealer refused to remove market adjustment price in addition the refused a fair trade in price after battling for an hour I took the Yaa advise and walked out thanks for the information
@Collen Flarity fact
Why would they remove the market adjustment for you when they can sell it the next day (if not the same day) to someone else with the added market adjustment and make more money?
71? You are so with it that I was honestly thinking you were more late 50s or early 60s at most. Keep doing what your doing. Love how you guys are truly out to help the general consumer. I have gained a great deal of knowledge from watching your channel.
Time to start throwing these automotive manufacturer executives in jail for a few years. Fines mean nothing. The money eventually will be paid by the consumers for parts, service, new vehicles. If insurance covers it then insurance customers will pay for it thru increased insurance premiums. Perhaps start taking the money out of the executives pockets.
And I would agree with you, but also ULTIMATELY the stockholders pay for the transgressions. The story came out, and Ford's stock price took a hit. Everyone loses when manufacturers "cheat". Coming from a Ford new car owner and stockholder....
@@ripjones5294 Yes, but the stock will bounce back over time. Will Ford lower prices or insurance companies lower fees once the penalty has been recovered? The corporation executives still get away with this kind of thing.
It's not even a penalty. The fee made up 0.00014% of Ford's 2021 revenue. It's not even pocket change.
The issue would be lost value in the their stock, which would return with time anyways.
@@georgejones5019 I wish I had 19 million in pocket change.😊😊
@Chase Kibodeaux To big corporations millions are "pocket change". At present i got 24 bucks of pocket change between my wallet and pockets.😂
Our local Honda dealers are having a "Red Tag" sale, or whatever. Clearing out the 2022s. What inventory do they have to clear? One or two vehicles. And what will the sale price be? Probably a free oil change. You wonder what is going on behind the scenes. Things are a bit better here in Canada.
It sound like they are worse in Canada than Stateside.
@@unconventionalideas5683 Honda does well in Canada. They may have a bit more inventory as some of their vehicles are made here. And the years end sales events save some money but not much. Honda and Toyota do not dicker as much as they know they will sell every vehicle they have in Canada. I heard that Honda Australia has really gone into the dumpster as they have set a "no haggle fixed price" system for their vehicles.
Why should the states get the money? Shouldn't the customers get the money?
I still don't get why there is such shock at the dealer add-ons when I've been seeing these for over three decades?
For example, good luck finding a new vehicle WITHOUT an ADM sticker in the San Francisco Bay Area - which is how it's been since at least 1988.
Same for an on-the-lot Corvette… anywhere.
I was shopping used subaru forester limited. No one wanted to back off the price. I ended up finding a new limited with a 4000 market price adjustment. Advertised price was 36, 680. The market adjustment was not listed. They would only come down to $39, 900. I got on the phone with YAA and left the dealership, called other dealers who had incoming shipment and they accepted the advertised price of 37, 700 with a deposit $500 to hold it. I'm pretty sure they included a market price adjustment in the price of the car but much more reasonable than 39900. Thanks YAA!
Happy Birthday!!! Thanks for all the words of wisdom!
Happy Birthday, Ray !!
Happy Birthday Ray!!
Happy Happy Birthday Young Man!
Ray is a star! Get him an agent🤘
Hey Ray, it is impossible to make everybody happy but pissing people off is a piece of cake
I am waiting for a 2022 Honda Accord Touring to come into my local dealership. They first started the car would be delivered by 6/1. They are now saying the middle of June or later. The Accord is supposed to be redesigned for 2022. I am now trying to decide if I should buy a 2022 Accord or wait to get a 2023. Decisions, decisions.
With the long waiting and if you are not in a rush for a car then be the first in line to order the upgraded accord 2023...
I work at the Accord factory in Ohio. The 23 has a new design
Maybe a 2024 would be more realistic
HAPPY 71....GOOD JOB
Happy birthday Ray!
Happy Birthday Ray, on the replay.
Happy Birthday !!!!!!!!!!!!!!!!!!!
Happy, happy birthday Ray!
Happy birthday Pops
The ‘Chip’ is not the problem for empty car lots, it’s being caught scamming customers.
hm, i seem recall that fines for corporations are tax deductible, not sure why Congress did that, but they did.
I want to buy a rav 4 hybrid. Can I negotiate the toyoguard off the monrovi sticker? It's an extra $700 for 2 oil changes and a tire rotation. Then about $400 for some guard against damage on the paint but only covers door handles. It's a total of $1350 over original msrp price for bs "coverage"
f
Forget the 'coverage'...just BS will do.
Hyundai dealer wants $1995 above MSRP for protection package plus license, etc...is it worth it? Sounds like a rip off to me..thanks
Happy birthday!
Talk about job satisfaction. Attorney General of Iowa// Tom Miller// 77 years old and has been in the office nonstop starting in 1995.
Because of all the electronic components, like keyless entry and remote start, Cars are easier to hack and steal. There should be an extra layer of protection from these crimes. some of the safety features already recognize if a driver is paying attention, so why not add biometric security like the kind we use for our phones and tablets.
Car makers sell cars. They don't sell software. They're not going to push software updates like Microsoft does on your computer.
Car makers make cars, and add features that are secondary, like electronic components and computers.
They're not going to spend time fixing vulnerabilities because it's not in their interest. It would cost to much to pay smart software engineers to do this.
On top of that, cyber attacks are constantly changing. Companies who DO focus on keeping on top of new threats like McAfee even have a hard time with this.
So do you think a company that makes money producing vehicles will be better?
@@russkydeutsch as part of their accessories they almost always include some theft protection like alarms and kill switches. Also, as cars become more computerized, over the air updates have become increasingly common.
happy Birthday young man !!!
Perfect example: Boeing 737 Max MCAS fiasco where profits drives the decision making...until something bad happens...
$19.2 MILLION fine...cost of doing business.
Happy Birthday Ray!!!
Happy Birthday
I am needing a car guys!!I need help..I am looking to buy an SUV MERCEDES BENZ COUPE -Shall I buy new right now or used…..I need help ..I
Need and Mercedes are two words that don my go together.
Unless you want to spend a ton of money on maintenance
Sorry I asked -was just asking about new versus used
Happy Birthday!!!!!POP
If profit corrupts, why is government so srewed up?
Happy Birthday. Enjoy your dinner. Keep up the good work.
what used to be declared a sh1t box is now...maybe not so bad. As long as it won't kill you at the drop of a hat by being on the road, the problems are just overlooked and dealt with.
Is a destination charge on a new Ford Edge of $1695 seem excessive? Thanks
The destination charge for my Ford Maverick were $1,495.00 As quoted by Ford Motor Company !
Thanks for helping
@Collen Flarity i agree...thanks for helping
HAPPY BIRTHDAY RAY
Happy birthday Ray
Feliz Birthday 🎂
Happy Birthday 🎂 🥳 🎉
While your criticism of large corporations concerns with profit is valid, its cause is rarely understood. Remember how companies were more focused on doing a good job and customer satisfaction? What changed? Well, the Federal Government did not like the fact that the high salaries of top company officers were "written off" for tax purposes as operating costs. So they put limits on how much a company could pay its top executives and deduct it from reported profit. The result? Top executives began to be compensated in shares of company stock. The result was that top executives' focus was now on the stock prices. There is a lot less focus on keeping customers happy and a lot more on keeping the shareholders happy. These are two completely different approaches to business operations. Soon mergers with foreign companies became popular. American companies no longer consider themselves to be "American" but now they are "World" companies. What matters to the American consumer isn't a priority anymore as long as the stock prices keep rising. Can you get door handles of less quality and cheaper cost from Asia? Yes. Will the savings be passed on to the consumers? No. Will the earnings report improve stock prices? Yes. Will the shareholders like it? Also yes. Will the top executives benefit from the higher stock prices? You bet they will. Government regulations are no match for the powerful legal minds of major corporations.
Way over due
You guys it is a free for all for those with the money, just go bankrupt and change your name to Sord. Never pay a dime.
sorry i missed this happy belated birthday and many more.As they say everyday above ground is a good day.Please stay safe have fun and stay healthy from my family to yours
Old age beats the alternative!
I'm 76.
I went to a big Honda dealership here in Ohio, looking at their used cars, and not one had a sticker price on them…. Aren’t dealerships legally supposed to show the price on vehicles these days???? New or used……
New yes used no 😆
Happy 29th Birthday, I hope you enjoy your day and weekend! 🎂🎉🎊🎈💐
Happy Birthday!!!
Glad I can run a half marathon
Happy Born Date Rizzay!!
When will the SEC enforce GMs violations of overstating their EV position ?
This was a really old lawsuit. They settled with customers years ago.
Happy birthday 🎂 Sir
And doesn’t look a day over 30.
Yay, Ray!!! 🎉🎉🎉
If you're not selling now why are you in business
Happy Birthday 🎂🎁🎈🎊🎉
Way over dues
Happy Birthday 🎉🎉🎈🎈🎈
Ford deception is job 1?
Capitalism and greed go hand in hand
Anyone run into Hyundai dealersip insisting that a extended protection plan is a mandatory part of their sales contract?
Hyundai finance actually put a limit on extended warranty I could add. The dealer had 3 levels of warranty and hyundai motor finance blocked the two higher priced options before the dealer even asked me. I declined the extended warranty completely and financed my elantra n line for 27695 total.
Looked like a defund Congress shirt ?’
Capitalism is good as long as it meets is basic definition--the definition is that both parties benefit from the deal.
Hey guy's. Started following you not to long ago. Not bad.
FYI. You babble and drag it on too long. Get to the point. Ironically. This one isntto bad.
Happy Birthday Ray…looking really well! Love the “products” you’re using!💈💈🧴🧴🎈🎊🎊🎁🎁
Happy Birthday, Ray!
Happy Birthday
Happy birthday!
Happy birthday
Happy Birthday Ray!
Happy Birthday Ray!
Happy Birthday
Delco will give you a 21 battery salute Ray
Happy Birthday
Happy Birthday!! Love watching you guys. I'm going t9 be buying a honda civic soon. Thank you