Stellantis CEO shocks automotive world: Jeep, Dodge, and Ram might be history. This video breaks down the crisis at Stellantis and what it means for budget car buyers.
He's doing to Chrysler like the foolish CEO did to Sears before it went belly-up. He should stick to what consumers want and keep it affordable WITH quality to back it up.
@@richardrichmond8006 No. Chrysler has been ruined since 1979 when it needed the first govt bailout. Then it bought AMC, which was also broke. Now it's part of a group of mediocre companies that produce crappy vehicles. What do you mean "it doesn't know what Americans want "? It owns Jeep and Ram! SUVs and pickup trucks is precisely what Americans want!! Their problem is they produce overpriced junk!!
Stellantis CREATED the PROBLEM! Take the CEO's money away. Got a HUGE pay increase this year. HE FAILED!!!! Don't blame the market or the customers! The blame is at the feet of management.
Stellantis is too late in the game . The expensive EV boom is over. People want cheap affordable easy to fix vehicles . You know.. like the old dodge vehicles
Just because you want that doesn’t mean “people” want that. All the manufacturers know what sells is lots of interior/cabin gadgetry/screens and “luxury” appearance. Make the car part of your phone and people are all in.
The problem is, they hire CEO’s who have no idea on what the American market is. Wranglers for 80K??? Hysterical laughter is what you hear on every Jeep dealer lots.
Especially when you can go into your local AutoMarine parts store and their light board has the same utility style tail light for what…$79.00?🤣 JEEP… J unk E ach & E very P iece!🤣
No one in the world is worth paying $36 million a year. Im a middle class person and I have a skilled trade i work in. If people can get by on $50,000 a year, with Doctors making under a million dollars a year and they can be on-call when not working plus work sometimes over 40 hours a week saving lifes...i dont care if you run a huge business, if you make $39 million dollars you can never relate to the average person you are selling products too. I understand that its capitalism but these types of people that make this much money never have to worry about their poor decisions resulting in them being homeless, unable to survive or feed themselves or their family. Their minds don't understand this. So many examples-Boeing, this, Ford, GM, Wall Street. If they got paid very well but ran their Business like it was their ass and/or families life on the line, it would be different for the better.
Same for sports figures. What quarterback is worth $50 million. Yet the sheep keep spending hundreds of dollars to go to the games. I gave up years ago. Actually, I have a 2021 Wrangler and love it. My firth Jeep. I had a Land Rover Discovery a few years ago. Worst car I ever owned.
Oh, you two. You both expressed my comments! Thank you! I'm so glad to read that at least some of us normal people think these "celebrities" and corporate shills do not deserve the amount of money they get. It's part of the reason that there's so much division and strife now. It's just like the middle ages and before in roman times. The Bourgeoise and the Proletariate, Princes and Paupers--you name it. It's not right and it's the reason that many people believe that Communism or Socialism is fairer. But those don't work either. Being DECENT and sharing resources is the only fair way and as history has already proven--IT'S NOT GONNA HAPPEN! Most people are selfish and, I feel, incapable of putting themselves in others shoes--unless they are actually IN someone else's (i.e. used) shoes due to poverty.
@@BomalNeloAnagrm300 oh, but no: Communism or Socialism do work. is just that Capitalism has meddled with their affairs to destroy them. the first rule we've learnt in Communism was: "Everybody is born Equal". the second was: "No human is allowed to exploit another human". and the third was: "everybody has to work" All three are invalid in Capitalism. And I couldn't understand when we ditched Communism and adopted Democracy how and why they got rid of the third rule? If you're not working then surely you're keeping yourself alive by committing crimes, or exploiting other people (which in itself is a crime) now that Capitalism managed to destroy the Communism and Socialism, Capitalism is showing off their true face and is destroying its own citizens. As long as in Capitalism you don't have to work, then you surely Exploit others.
Greedy CEOs have killed the industries. They have gouged prices for profits. Making them unaffordable for average Americans. The market has been over saturated. Pricing themselves out of business. The market is way, way overpriced. More than the market can bear!!!!
Absolutely right! A great engine except for cam shaft wear that causes the Hemi tick. Wiser choice was to use a better steel forged cam, instead of dumping a great engine. Keep the damn Europeans out of the American auto manufacturing, they are clueless. Why is Tavares even still employed, he should have been given his walking papers yesterday!
@@Plumbtired Spoken like a true politician.. He's NOT lying, the Democrats are trying to kill gas powered cars, because they think it's causing global warming.. Wake up and see what's happening...
"To Hell with what the consumer wants. We know better. We'll build the cars we want to build, and they'll just HAVE TO buy them."... NOBODY WANTS YOUR ELECTRIC JUNK!
True. That's why Marketplace cars and trucks from the 90s and before are selling at such higher rates now, because they ARE better and don't have the added electronic junk in them we don't need (including EPA garbage under the hoods).
But the free market prevailed and one upped on them, thank goodness, as EV sales are finally tanking across the board. I'd rather say, to hell with the car manufacturers who care nothing about us consumers!
They got used to the huge gouging during covid. I went to buy a car just after covid started and I was told that its all about supply and demand. So I said F it. Now that the market has changed direction, they still want the high prices. Let those cars pile up
I predicted this 4 years ago among probably millions of others, that this market is going to collapse due to the insane burst of demand and free fall in supply, now it's flip flopped and they're not budging on price, because they got used to the inflated sale prices. F them.
Now we know this is part of an estratégy to implode economy...They pull the streams...and Staellantis was prepared to destroy american confidence in his own country!!! Who bellongs Staellantis??!! Jeep...Chrisler...Dodge...all this Brands means american proud...and they will destroy this american simbols...
Yes get rid of all the computer crap cameras heated seats, powered seats and heated steering wheels and give us AC, some powered windows and safety = cheaper price. Having to take out a mortgage on a vehicle doesn't float with the middle class who your trying to sell these over the top over priced vehicles too.
I mean, companies want to build small trucs. Regulations encouraged massive trucks. Small trucks from across the pond are heavily disencouraged by the us government.
I build the Wrangler and I can tell you quality went down because when Stellantis took over the cut out all the quality jobs and combined jobs adding more work on us workers to do in less time to do it
Cars are priced way too high for most people nowadays. I have never, ever bought a brand new vehicle. I don't see that changing now, even though I have a good paying job. Especially with the runaway pricing now. And it's not just Chrysler products. It's also Ford and GM too. I've never bought any of the Asian cars, but that will probably change soon. It's looking like I may not have much choice.
This should be a wake-up call to other American auto manufacturers. We’re sick & tired of paying more and more for your cars and trucks with more recalls and problems year after year. We will buy used or nothing until they can get it right.
To me, Dodge, and Chrysler have been pretty bad for about 50 years now. The last one that was worth a damn, was built in around 1974. Any ‘new strategy’ [electric or whatever] is likely not going to work at this point. Corporate mismanagement. I feel bad for the dedicated workers.
The supply of Jeeps on dealer lots (and unshipped on factory lots) are over 200+ days inventory, not the figure quoted (77). Nobody is buying them, at any price, let alone the inflated prices they show now. Who wants to pay $80,000 plus for a RAM pickup??
At these prices, customers assume they will never be discounted enough to make them competitive. If they can't sell a RAM pickup at $80,000, they can't sell it at $60,000 either. I recently bought a car, never considering Jeep because I just assumed the pricing was nuts.
My last new vehicle was a 2021 Toyota sienna VMI conversion, it will be my last! These CEO’s better figure the peter principle just 😂 isn’t working! I haven’t bought a Chrysler since 1967 and then the modern 727 tranny dumped in less than 1000 miles! I have never had any luck with that particular product line! Except getting paid to fix them!
$80k is just getting you started. I was contacted by Ford, pressing me to trade in my 2017 F-350, Diesel, 4wd, crew cab. SRW for a new one. I was not really interested. But for grins, I met the salesman, drove a new one, and asked about upgrading from my low end 'XLT' trim to the next level up (Lariat), along with a couple extras. The price was quite a bit over $80k. If I wanted to go up one trim level to 'King Ranch', that was closing in on $100k. If I went for either 'Platinum' or the top 'Limited', they're well above $100k
The CEO is responsible for all of this… they should block his bonus and fire him… this videos tone is as if the employees have done this to themselves… no the CEO crashed the entire thing… he even wants to get rid of the HEMI …
The strangest thing is that the US market is 58% of the company's profit. So why would you get rid of all your US brands that are keeping the company afloat? Wouldn't you sell of the European brands that are not making any profits per vehicle?
If Jeep wanted to move Wranglers they would create a package where you could get the Rubicon running gear with the most basic of interior options/standard features. I don't need a 20" "infotainment" screen that controls everything, nor do i need heated and cooled leather seats and steering wheel in a vehicle I'm goona take off road and beat the snot out of on trails.
Yep, I bought the 2nd to bottom Ram bc it does have alot of crap that just breaks. Even then it has way too much and is plumbed in with everything the top model has, it just isn't hooked up or has the switches.
Nah. Nothing at all. Bramalea Plant has been shut down since last Christmas. Local police are driving the Dodge Dart though. Or what is that name in Italian? Alfa Romeo. They are a rebadged clones.
What's taking place is that the problem is not The disappearance of the hemis the problem is affordable cars for the larger marketing segment which is the vast majority of people who are not driving chargers and challengers but plain everyday folk that used to drive Chryslers and Dodges ram and Jeep products who could afford them that is the big huge problem not The disappearance of the hemi that is something a government mandate that needed to take place because of rising emissions due to climate change so stop this nonsense about the killing of the hemi is the killing of Chrysler and Dodge Jeep and RAM that's ridiculous... Grow up !!!. That's the real problem that's going on.
After owning my 2019 6.4 V8 Hemi Challenger for almost 6 years now, it's has been very reliable, I'm very happy with it. It's more powerful and better built with a lot better featues ( 18 speaker stereo, 8 inch back-up camera with cross path and blind spot warning system, heated / ventilated seats, drive modes etc.) than my 2004 LS1 Corvette that I traded in for the Challenger. I'd buy a Challenger Scat Pack again, (at the price that I paid in Dec 2018, not the prices they want now.) Stellantis, simple solution: LOWER your prices, and drop the electric /hybird crap.
It's only 5 years old, mate. Wait a couple of years, when the modules that control that crap you thought was cool start to fail, and come back and tell us your story. My 94 F150 is 30 years old.
A consumer's view: I had Jeep Wrangler TJ from 2006 till 2019. It flipped several times in the desert, but it was solid as a tank. I bought Jeep JK in 2019. It flipped once in the desert, and its body/frame was crumpled. The last Jeep worth buying and keeping was a Wrangler TJ. After that, they are manufacturing crap. I don't want to buy Jeep Wrangler anymore ever in my life.
My JK was $35K in 2015, Same vehicle now is $55K. We Owned 3 Jeeps. Only after I purchased it did I later learn of the valve train issues, continuous camshaft position sensor troubles, leaky oil filter housing, oh and overheating in winter time when it was 25 degrees outside due to sand cast in cooling system. I will never buy another Chrysler product as long as I live.
Jeep may be the best 'American' brand they have. I think the leadership is more Euro focused, and just don't know what to do with the American brands, let alone trying to keep their French, German, and Italian marques going. I see them shedding/selling off the American brands.
There is nothing mentioned that states Stellantis is selling or closing Jeep or any other division. Too many false stories being spread on social media
Chrysler, dodge and jeep, which used to be under Mopar, has a long history of financial problems, nearly all of which can be traced back to long episodes of poor quality in their vehicles.
Carlos Tavares gave himself a raise, he doesn’t see an issue. Every other truck on the road is a RAM if they still can’t survive, maybe it’s because the executives paid themselves too much. - they need to be fired, not reorganized.
Problem is very easy to solve. Cut MSRP by 38%, 10 year warranty on the junk they are building and offer no more than 2.9 financing for qualified buyers. Problem solved
I know eh. Have a Toyota for a year now. Cant figure out how to run much on the little thing. Nuff to make you cry. Every 8 year old back in the day could drive your dads 58 Chevy or Chrysler in two minutes. At least I could/ did/ Shhhhh lol.
When Fiat bought them and started putting Fiat parts and engines and running gear into them, they ruined the brand. Any jeep made after 2006 is not a jeep. It is a Fiat and WILL breakdown frequently, and it will be expensive repairs each time.
@@96biggss Jeeps have never been reliable since the 60s and 70s. Jeep was been owned by at least 4 different companies simce tbe 70s. Crappy quality. Fiat does not have V6s or V8s and only shares the Commander and Cherokee chassis with Fiat. Everything else is 100% American Jeep
Proof that Chrysler isn't an "iconic American brand". It's been selling JUNK for the last 50,60 years. Under both foreign AND American leadership and owners.
If a CEO states as his main goal to make money, watch out. This never ends well. Stellantis is not alone. Look what happened to Boeing or HP. I have firsthand experience with this when I worked for a Swiss company that made precision instruments. When I started working there, watching costs was not the most important goal. Making the best products was. The unofficial motto was: We are the most expensive but we are also the best. This changed when the owner's sons took over. Maximizing profits was the new mantra. I see so many parallels to Stellantis: Abandoning a loyal customer base, rudderless leadership, acquisition of businesses that diluted the brand's reputation for quality and inferior products. It did not take that long for some key people to leave or retire earlier than they would have otherwise. They were long gone when the first layoffs were announced. Eventually I resigned, too. Fate would have it that this company is still around but not under the same ownership and configuration. It was broken up into 3 different companies that are doing quite well. A similar outcome would be desirable for Dodge, Jeep and RAM.
this isnt just Stellantis. This is all car manufacturers. EVen Toyota Tundra's start at 60k for base mdoels. I remember Rams prior to 2019 selling for sub 40k
30% is pretty much the general inflation over that period. You’re right that inflation has been high, but it was unlikely a car manufacturer would allow their products to get cheaper in real terms…
Stellantis decided the Jeep should no longer be a fun off-road vehicle. It went from the fun little mud beater to a high end luxury toy that will never see anything worse than road dust.
I need to wait a little more. My point is, down here, Brazil there are a lot of car channels saying that Hybrid cars are shit and none can understand how they work to effective repair them. Yeah, so we should go back on horses because carburetors are a pain in the ass to tune up? I would wait. Brazil could be the new Saudi Arabia on renewable resources. So charging EV vehicles wouldn't be a problem...
"If brands don't make money, they will be shut down" even though it's the CEO's TERRIBLE choices which made it unprofitable. FCA US had profit margins of 16% with average to good quality. Tavares' ONLY move to maintain profit is cut everything (killing quality) and raise prices (cutting ability/desire to purchase). Why absolutely no new investment, except in evs?
Had a Cherokee XJ from 1999 to 2021. Great car, I loved it. Easy to repair, even the dealer here in Germany charged not too much. But I saw the new Jeeps at the dealer. Insane.
What I learnt from working on multinational companies, is that the CEO's and most of the high level managers only works for themselves, not to make the company great and making profit... they negotiate huge bonuses, even if they ruins the company.... just bigger bonuses...
I have a 2014 jeep grand Cherokee limited. Has 200K on it and have only done brakes , tires and a water pump. Still drives beautifully and still tows my boat . Have the V8 . I love the brand and would buy a new one
The colossal failure of leadership at companies, corporations, universities, the military, alphabet agencies, government at all levels and especially political “leadership” is stupefying.
Exactly! Corporation leadership forgot who their real customers were (hint: they are not themselves nor the shareholders) and Government forgot who they are working for (the taxpaying citizens of their respective government levels). Each of them need refresher courses!
With the way our government gives our tax payer money to everyone but the very people that paid it, it wouldn't surprise me if they did. FEMA can't even help the hurricane victims because they are bankrupt from giving all the illegals all of the money we were forced to pay in.
Ford has a similar problem with pickups. They only want to build and sell to the public loaded and expensive pickup trucks while the one truck everyone wants because it is simple and cheap, they are primarily selling as fleet sale vehicles. Very few Mavericks are available for the public. My grandson has one but had to wait for over a year to get it after ordering it.
These American brands need to be managed as well as developed and sold - in America. The mindset in Hoofdorp among the executives is completely out of touch with the American way and probably best suited to staying in the European market. Jeep, Dodge, Ram etc. should be owned and operated in the US. Workers in these factories can turn out good product without Jeeps becoming Fiats.
Stellantis need to sell the Jeep brand to an American company located in mainly in Texas. No body in the English speaking world would go anywhere near a fiat quality product.
@@bman9141 it’s better if Spanish Americans and Chinese Americans build in America than Chinese, in China making the cars or Mexican Spanish speaking making the cars in Mexico.
Worked in a dealership in the 70’s and 80’s. CJ 5 and CJ 7 had a sticker in the passenger area that said it was a utility vehicle and doesn’t handle like an automobile. People were happy with them. 6 cylinder, 3 speed manual transmission, no radio or power steering wasn’t unusual to see. Prices was reasonable. Now, air bags,power steering, A/C, overdrive automatic transmission, AM/FM CD player and power windows. Priced too high for typical working person. Yes they are hard too sale.
When I was working for a company with EMD , I asked a GM auto Engineer why the 1992 Silverrado cost $ 26,000 , He said the actual cost was $9,000 and when production got going it went down to in the $ 8,000 area. Well were did the rest of the money go ! The money goes to the CEO ,Vice presidents , and stockholders . How many do you make ? Some where close to 1.2 million. So $ 16,000 x 1.2 million is a pretty good paycheck for people who make money off the backs who actually do the work ,
That sure is one helluva big chip on your shoulder. Did you hear the part about the unions taking the workers out on strike? That will fix the problems won't it.
@@robertreeves-su1qb That chip on your shoulder will forever prevent you from understanding that the workers do not invest any money in the business, do not buy the land, do not build the factories, do not buy and install the tooling which they operate etc. etc etc. without which they could not and would not have a job and a steady income. Top management doesn't always get it right but striking workers will simply strike themselves out of a job which will eventually be made available to someone else in a place like, for example, Mexico. Not for the first time.
from a repair shop point... so anything 2018 and up you can't reset the computers with out having to pay them a subscription fee to use their software... So people have to pay even more to repair them and the local dealership is trash... they charged us over 600 to replace a $66.00 evap pump.. oh ok diag was 188.00 and the rest to replace the part that is behind the rear wheel plastic fender under cover a whole 30 minute job ..
GM tried to run an automotive companyvwith MBAs and accountants in thec1980s. it was a disaster. You run a car company with people with an engineering background and a marketing background. When Stellantis acquired Chrysler zand Jeep these companies werecultimately doomed.
And they consumed Rambler or AMC, munch munch munch till one day/ they got eaten too. In the end it is a hard business covered in Corinthian Leather. lol The history of North American vehicles is like a graveyard full of dead dreams. Right from day 1.
Well well when it is possible to acquire a company like with Chrysler and Jeep then those companies were already doomed and with some luck perhaps saved or not. Just look at Britain, nothing left but some brands have been saved by the Germans, India, Italy atl east.
Stellantis did this with other established vehicle manufactures , they buy a brand thats doing good make it unreliable and over price it thinking people wont notice and the prices of parts and aftersales support are ridiculous . Many of the other motor brands they own are going down this same road . I hope someone will step up and buy Jeep Dodge Ram and not let this iconic motor manufacture die.
Jeep's after sales support has sunk to almost non-existent in Australia. Stellantis have killed the Jeep brand with caravan tourers by not having a diesel in the latest model.
The problem is not the brands. The problem is at the head, the total (and spectacularly dumb) mismanagement. ...And for that, the CEO got/get paid $38 million/yr. I must conclude, that he got this spectacular amount of $, for deliberate and calculated destruction(!) of the brands; it couldn't possibly be for great, competent, and profitable leadership.
The only problem with the Jeep brand, especially the Wranglers and Gladiators, that are still in their ICE form with the 3.6 V6, automatic have been in production long enough that they have established a reputation for durability and getting into places then back home others only dream of in stock form. All EV or ICE/EV hybrid’s have issues from top to bottom. But they are the government behind them have forced a rise in prices to develop vehicles that the infrastructure is not ready for! So that brings us to the elephant in the room, over priced products. I guarantee if the prices were to drop from 15-30%? Depending upon current prices? Every vehicle built would sell, yea possibly at a loss of 10-20% at most, but that’s many times better than 100% and bankruptcy!!!!
bring back tbe inline 6 from the 90's and 2000's the 4.0L high output ,and keep them simple and lower the freaking price, you guys know the cost to produce is not that high as you want to sell, lower the price and you will see how many people will start to buy
Not many people know Mahindra in India builds their version of Wrangler vehicles they are licensed to build. You can buy one of theirs for less than a fourth of the American built versions. Those built in the US are way overpriced. I worked for one of the biggest Jeep stores in the country for 20 years and I could see them pricing themselves out of the market.
This has to do with the price of vehicles now. 10 years ago when something major went out on your car like your motor, transmission or a blown head gasket or a really expensive repair like that, most people would have junked the car at that point instead of fixing it. Nowadays because cars are so much more expensive it’s actually cheaper to repair and keep the car you already have if the rest of it is in good shape.
“Rugged and reliable”? Not in like 20 years has Jeep been either. Nowadays just overpriced junk! But then again almost every car manufacturer these days is overpriced and having major quality control issues. That’s why the used car market is so hot right now.
I have 4 vehicles...2002 Suzuki Grand Vitara, Ford V10 Excursion, 1996 Ford Explorer and a 2006 Honda motorcycle. All run great and are in perfect shape. The more I learn about new vehicles, the more I enjoy maintaining my old stuff. I'll never buy a new vehicle.
I have 3 Jeep Wrangles and a Gladiator. We are a die hard Jeep family. This breaks my heart. I agree the price is so high it is crazy. And the fact they pushed the “EV” Jeep wrangler way to hard. I wheel all our Jeep’s hard and we hardly ever see 4Xe’s out on the “real” trails. They need to go back to simple 4x4’s that we can afford and don’t catch fire with battery packs under out butts.
I have a 2012 Wrangler. I spoke with a lady that purchased the Wrangler 4Xe. She said she made a huge mistake! She said the excessive cost and the price to charge it up wasn't worth the hype. She also stated that the tires wear out faster because of the weight.
My reality is I'm now in my 70s and need a new ride. What I want is something simple like a CJ like the old CJ 5 with a price tag that fits my SSI!! A radio heater and AC is all the luxury I need!!
LET STELLANTIS FAIL , A SET OF 10 OR 20 SMALLER COMPANIES EACH BUYING A SMALL PART AND THEN COMPETING WILL GIVE US ALL BETTER CARS AND EMPLOY MORE PEOPLE!!
I am in a position where I could buy a new Grand Cherokee to replace my 12yr old GC, however as Neither the V8 petrol or V6 turbo diesel are available now here in Australia ,coupled with the huge price rises and quality problems mean I am not going to!
From Australia A lot of Jeep Grand cherokee's sold in Australia were for towing a caravan and they had a V8 petrol or a 3 litre Diesel with a 3500 kg towing capacity. Now they not offer either of them. So they have lost many sales there and the sales they lost were for high spec premium models
@@kennethmintz1675 you wish it is, but it isn't. EVs are catching on everywhere around the world and American carmakets cannot survive on just the American market because carmaking is a low-margin, volume business. Tariffs will not save them.. The only way is the old-fashioned way, the way the Chinese do: high R&D, watch your costs, price correctly.
@@eduardojimenez2044The infrastructure and range does not justify going in this direction at this time, when it does, then I'll adapt. Till then gtfoh!!!!!!!!!!! ULTIMATE TRUTH!!!!!!!!!!!!!!
@@dougcarpenter7627 Knock yourself out. Good luck buying evermore expensive, unreliable, overstressed, smaller and smaller turbocharged engines. Both trends are crystal clear. In less than ten years, 2 out 3 cars sold must be electric, by mandate. Yes, here in the U.S. That IS the ultimate truth.
@@eduardojimenez2044keep dreaming ! Nobody’s buying them, been out for how many years ? And only a small,percentage of the vehicles on the road . This country will end up like Cuba with everyone driving 30 yr old cars before EV’s take over. The grid can’t handle it, charge times too long, not enough charge stations. I’d bet the people caught in the hurricane ravaged areas in the south east that had EV’s wished they never bought one. You can truck in gas but you ain’t gonna truck in electricity! Give it up! 😂😂
It’s a mistake to say you’re looking at fewer brands and higher prices. The fact is high prices aren’t gonna sell anything they will rot on the lots. They’ll have to build cheaper cars that people can afford people are maxed out. They can’t afford it. They’re at the level of bankruptcy. This is what happens when you mark it to people while they sleep while they eat while they breathe they get in debt and then you hit a ceiling. There’s no more money in the bank account.
@@conicEllipse Latam has been flooded with cheap ICE China-made vehicles over the last three years, most cost between 10 and 20K USD, Bosch parts under the hood, what's not to like? US gov will not let the people have them
Stellantis CEO shocks automotive world: Jeep, Dodge, and Ram might be history. This video breaks down the crisis at Stellantis and what it means for budget car buyers.
Tavares needs to go, not the car brands.
@@rogerrussell9544AGREE
He's doing to Chrysler like the foolish CEO did to Sears before it went belly-up. He should stick to what consumers want and keep it affordable WITH quality to back it up.
No shock EV and Fiat killed Stellantis
@@michaelwinter8807 don't leave Chrysler out. Crappy products
So, an iconic American brand was ruined by a non-American with no concept of what Americans prefer or value. This Bud's for you, Carlos.
Interesting you say "This Bud's for you", and Bud is not American anymore either!!!!
@@CalvinWatkins@CalvinWatkins, you're correct, and when it was, Bud was mediocre at best. Now it is tranny fluid.
@@richardrichmond8006 No. Chrysler has been ruined since 1979 when it needed the first govt bailout. Then it bought AMC, which was also broke. Now it's part of a group of mediocre companies that produce crappy vehicles. What do you mean "it doesn't know what Americans want "? It owns Jeep and Ram! SUVs and pickup trucks is precisely what Americans want!! Their problem is they produce overpriced junk!!
They haven't been American for like 10 yrs...
Not like jeep was doing good before that though
Stellantis CREATED the PROBLEM! Take the CEO's money away. Got a HUGE pay increase this year. HE FAILED!!!! Don't blame the market or the customers! The blame is at the feet of management.
Stellantis is too late in the game . The expensive EV boom is over. People want cheap affordable easy to fix vehicles . You know.. like the old dodge vehicles
EV sales are down, Hybrid sales are up, the market has spoken. Who is the king are reliable hybrids, TOYOTA which make NO EV vehicles.
Just because you want that doesn’t mean “people” want that. All the manufacturers know what sells is lots of interior/cabin gadgetry/screens and “luxury” appearance. Make the car part of your phone and people are all in.
The new Ram 1500 is more advanced than all the other electrified truck being made today.More power more range.
3rd gen Ram Cummins FTW!😊
And the old Jeep vehicles.
The answer to Dodge/Ram/Jeep's problems is a competent CEO.
The problem is, they hire CEO’s who have no idea on what the American market is. Wranglers for 80K??? Hysterical laughter is what you hear on every Jeep dealer lots.
Especially when you can go into your local AutoMarine parts store and their light board has the same utility style tail light for what…$79.00?🤣
JEEP…
J unk
E ach &
E very
P iece!🤣
All Fauchi’s fault!
They hire CEOs that arent car people either
Hell, your cars costs a house, my family, and America too by no jobs?
Agreed
No one in the world is worth paying $36 million a year. Im a middle class person and I have a skilled trade i work in. If people can get by on $50,000 a year, with Doctors making under a million dollars a year and they can be on-call when not working plus work sometimes over 40 hours a week saving lifes...i dont care if you run a huge business, if you make $39 million dollars you can never relate to the average person you are selling products too. I understand that its capitalism but these types of people that make this much money never have to worry about their poor decisions resulting in them being homeless, unable to survive or feed themselves or their family. Their minds don't understand this. So many examples-Boeing, this, Ford, GM, Wall Street. If they got paid very well but ran their Business like it was their ass and/or families life on the line, it would be different for the better.
Same for sports figures. What quarterback is worth $50 million. Yet the sheep keep spending hundreds of dollars to go to the games. I gave up years ago. Actually, I have a 2021 Wrangler and love it. My firth Jeep. I had a Land Rover Discovery a few years ago. Worst car I ever owned.
Oh, you two. You both expressed my comments! Thank you! I'm so glad to read that at least some of us normal people think these "celebrities" and corporate shills do not deserve the amount of money they get. It's part of the reason that there's so much division and strife now. It's just like the middle ages and before in roman times. The Bourgeoise and the Proletariate, Princes and Paupers--you name it. It's not right and it's the reason that many people believe that Communism or Socialism is fairer. But those don't work either. Being DECENT and sharing resources is the only fair way and as history has already proven--IT'S NOT GONNA HAPPEN! Most people are selfish and, I feel, incapable of putting themselves in others shoes--unless they are actually IN someone else's (i.e. used) shoes due to poverty.
Politicians too.
@@BomalNeloAnagrm300 oh, but no:
Communism or Socialism do work.
is just that Capitalism has meddled with their affairs to destroy them.
the first rule we've learnt in Communism was: "Everybody is born Equal".
the second was: "No human is allowed to exploit another human".
and the third was: "everybody has to work"
All three are invalid in Capitalism.
And I couldn't understand when we ditched Communism and adopted Democracy how and why they got rid of the third rule?
If you're not working then surely you're keeping yourself alive by committing crimes, or exploiting other people (which in itself is a crime)
now that Capitalism managed to destroy the Communism and Socialism, Capitalism is showing off their true face and is destroying its own citizens.
As long as in Capitalism you don't have to work, then you surely Exploit others.
@@flemmawarrior1 100% facts
Fire the crooked CEO, drop the prices 70%. Too damn expensive.
They are indeed a reproof.
Greedy CEOs have killed the industries. They have gouged prices for profits. Making them unaffordable for average Americans. The market has been over saturated. Pricing themselves out of business. The market is way, way overpriced. More than the market can bear!!!!
I said a couple years ago that EVs were going to kill the auto business. It looks like it is coming true.
You aren’t factoring in Chinese EVs.
The problem for companies like Stellantis is that the Chinese have them beaten.
The problem is the CEO. Should have been fired when he decided to kill the hemi.
All Fauchi’s fault!
Absolutely right! A great engine except for cam shaft wear that causes the Hemi tick. Wiser choice was to use a better steel forged cam, instead of dumping a great engine. Keep the damn Europeans out of the American auto manufacturing, they are clueless. Why is Tavares even still employed, he should have been given his walking papers yesterday!
Customers aren't turning away from gas powered cars...we're being told we can't have them
Really? News to me.
Stop your lying.
@@efandmk3382if Harris gets in you won’t be able to afford a car and you will be placed in a concentration camp
@@Plumbtired Spoken like a true politician.. He's NOT lying, the Democrats are trying to kill gas powered cars, because they think it's causing global warming.. Wake up and see what's happening...
Stop watching Fox news
"To Hell with what the consumer wants. We know better. We'll build the cars we want to build, and they'll just HAVE TO buy them."... NOBODY WANTS YOUR ELECTRIC JUNK!
Exactly!
True. That's why Marketplace cars and trucks from the 90s and before are selling at such higher rates now, because they ARE better and don't have the added electronic junk in them we don't need (including EPA garbage under the hoods).
I just want a toaster that makes toast. Nothing fancy. Just toast.
@@luckyguy600 You don't want one the connects to the Internet?
But the free market prevailed and one upped on them, thank goodness, as EV sales are finally tanking across the board. I'd rather say, to hell with the car manufacturers who care nothing about us consumers!
80K for a Wrangler, more than that for a
Freakin' Wagoneer? Who are they trying to kid?
Stop building over priced junk.... Reliable and affordable.....wins during a crap economy.
They got used to the huge gouging during covid. I went to buy a car just after covid started and I was told that its all about supply and demand. So I said F it. Now that the market has changed direction, they still want the high prices. Let those cars pile up
I predicted this 4 years ago among probably millions of others, that this market is going to collapse due to the insane burst of demand and free fall in supply, now it's flip flopped and they're not budging on price, because they got used to the inflated sale prices. F them.
Now we know this is part of an estratégy to implode economy...They pull the streams...and Staellantis was prepared to destroy american confidence in his own country!!! Who bellongs Staellantis??!! Jeep...Chrisler...Dodge...all this Brands means american proud...and they will destroy this american simbols...
It’s so simple yet stellantis will die before they do it.
they shipped out their labor expensive to south america and asked for more money for their products. NOPE not for me thanks.
No one wants EVs, make cheap pickup !
Yes get rid of all the computer crap cameras heated seats, powered seats and heated steering wheels and give us AC, some powered windows and safety = cheaper price. Having to take out a mortgage on a vehicle doesn't float with the middle class who your trying to sell these over the top over priced vehicles too.
A basic stripped-down truck is what consumers want. We want WORK HORSES without the electronic crap.
I mean, companies want to build small trucs. Regulations encouraged massive trucks. Small trucks from across the pond are heavily disencouraged by the us government.
I build the Wrangler and I can tell you quality went down because when Stellantis took over the cut out all the quality jobs and combined jobs adding more work on us workers to do in less time to do it
There you go, right from a guy on the line.
Sorry for your loss. Not a great time to lose a job, if, that is what will happen.
But who knows.
Cars are priced way too high for most people nowadays. I have never, ever bought a brand new vehicle. I don't see that changing now, even though I have a good paying job. Especially with the runaway pricing now. And it's not just Chrysler products. It's also Ford and GM too. I've never bought any of the Asian cars, but that will probably change soon. It's looking like I may not have much choice.
Your best bet is Toyota or old Lincoln town car or Grand Marquis@@Charles-ib7xo
While raising the prices.
what quality?????????????????????? hahahhahaha..they have not had that in 50 years
This should be a wake-up call to other American auto manufacturers. We’re sick & tired of paying more and more for your cars and trucks with more recalls and problems year after year. We will buy used or nothing until they can get it right.
The number one problem at FCA is Carlos Tavares himself. He received his $40 million bonus and orders to run this American brand into the ground.
All Fauchi’s fault!
Well past time for a management change!
The problem is jeep prices went up but the quality did not. Expensive junk and the market responed
Clearly Carlos doesn’t know what he’s doing. Get rid of him.
THANK YOU
And take back his $39M!
The CEO is an idiot
Piece of shit. He killed my jeep.
You missed the part when they said that the CEO position is like playing musical chairs. There’s been like 10 CEOs and each brand has their own CEO.
To me, Dodge, and Chrysler have been pretty bad for about 50 years now. The last one that was worth a damn, was built in around 1974. Any ‘new strategy’ [electric or whatever] is likely not going to work at this point. Corporate mismanagement. I feel bad for the dedicated workers.
The supply of Jeeps on dealer lots (and unshipped on factory lots) are over 200+ days inventory, not the figure quoted (77). Nobody is buying them, at any price, let alone the inflated prices they show now. Who wants to pay $80,000 plus for a RAM pickup??
At these prices, customers assume they will never be discounted enough to make them competitive. If they can't sell a RAM pickup at $80,000, they can't sell it at $60,000 either. I recently bought a car, never considering Jeep because I just assumed the pricing was nuts.
My last new vehicle was a 2021 Toyota sienna VMI conversion, it will be my last! These CEO’s better figure the peter principle just 😂 isn’t working! I haven’t bought a Chrysler since 1967 and then the modern 727 tranny dumped in less than 1000 miles! I have never had any luck with that particular product line! Except getting paid to fix them!
Who is going to buy a car from a company that is on the verge of bankruptcy?
In 2003 my 3500 duelley Larime was 50,000$
$80k is just getting you started.
I was contacted by Ford, pressing me to trade in my 2017 F-350, Diesel, 4wd, crew cab. SRW for a new one. I was not really interested. But for grins, I met the salesman, drove a new one, and asked about upgrading from my low end 'XLT' trim to the next level up (Lariat), along with a couple extras. The price was quite a bit over $80k. If I wanted to go up one trim level to 'King Ranch', that was closing in on $100k. If I went for either 'Platinum' or the top 'Limited', they're well above $100k
I have a 2014 RAM I bought used for about $25k 7 years ago. Runs great, no oil leaks will keep it as long as I can.
The CEO is responsible for all of this… they should block his bonus and fire him… this videos tone is as if the employees have done this to themselves… no the CEO crashed the entire thing… he even wants to get rid of the HEMI …
Newsflash: the HEMI's are discontinued now.
That’s one of his goals
Can still build one yourself, from a dozen catalogs!
0:51 No we want to buy them but they are pricing everyone out.
100%, they start making luxury offroad jeeps when all we want is lockers and 37’s. So much for misreading their customers
NO TAXPAYER'S MONEY FOR A BAILOUT!!
It happened in the 1980s and the 2000s. History repeats itself...
Been there before.
You mean ford
Could you explain Ford?
Ford never took the bailout that was go and Chrysler.
@@jamiemccaffree2806
Ohhhh like the banks 🍆 head
The strangest thing is that the US market is 58% of the company's profit. So why would you get rid of all your US brands that are keeping the company afloat? Wouldn't you sell of the European brands that are not making any profits per vehicle?
If Jeep wanted to move Wranglers they would create a package where you could get the Rubicon running gear with the most basic of interior options/standard features. I don't need a 20" "infotainment" screen that controls everything, nor do i need heated and cooled leather seats and steering wheel in a vehicle I'm goona take off road and beat the snot out of on trails.
Why would you want to do that? Europeans have no idea how vast America is or the lure of the back/off road experience.
Yep, I bought the 2nd to bottom Ram bc it does have alot of crap that just breaks. Even then it has way too much and is plumbed in with everything the top model has, it just isn't hooked up or has the switches.
Selling a $35,000 truck for $90,000 is NOT going to work. You don't need a HIGH SCHOOL education to figure this out.
Couldn't have anything to do with $100,000 vehicles and destroying the muscle cars with v6s and electric shit
Nah. Nothing at all. Bramalea Plant has been shut down since last Christmas. Local police are driving the Dodge Dart though. Or what is that name in Italian? Alfa Romeo. They are a rebadged clones.
What's taking place is that the problem is not The disappearance of the hemis the problem is affordable cars for the larger marketing segment which is the vast majority of people who are not driving chargers and challengers but plain everyday folk that used to drive Chryslers and Dodges ram and Jeep products who could afford them that is the big huge problem not The disappearance of the hemi that is something a government mandate that needed to take place because of rising emissions due to climate change so stop this nonsense about the killing of the hemi is the killing of Chrysler and Dodge Jeep and RAM that's ridiculous... Grow up !!!.
That's the real problem that's going on.
Democrats ruin everything @@rodferguson3515
💯
Fire that greedy P.O.S CEO, who can afford a 50k Jeep? Hire an American CEO that cares about the company and our country
After owning my 2019 6.4 V8 Hemi Challenger for almost 6 years now, it's has been very reliable, I'm very happy with it. It's more powerful and better built with a lot better featues ( 18 speaker stereo, 8 inch back-up camera with cross path and blind spot warning system, heated / ventilated seats, drive modes etc.) than my 2004 LS1 Corvette that I traded in for the Challenger. I'd buy a Challenger Scat Pack again, (at the price that I paid in Dec 2018, not the prices they want now.) Stellantis, simple solution: LOWER your prices, and drop the electric /hybird crap.
It's only 5 years old, mate. Wait a couple of years, when the modules that control that crap you thought was cool start to fail, and come back and tell us your story. My 94 F150 is 30 years old.
A consumer's view: I had Jeep Wrangler TJ from 2006 till 2019. It flipped several times in the desert, but it was solid as a tank. I bought Jeep JK in 2019. It flipped once in the desert, and its body/frame was crumpled. The last Jeep worth buying and keeping was a Wrangler TJ. After that, they are manufacturing crap. I don't want to buy Jeep Wrangler anymore ever in my life.
they killed the brands with prices
The BIG THREE or the "DEAD THREE"
Starting to wonder.
They once had it all/ but let it slip through their greedy fingers.
Prices are a reflection of inflation due to policy
My JK was $35K in 2015, Same vehicle now is $55K. We Owned 3 Jeeps. Only after I purchased it did I later learn of the valve train issues, continuous camshaft position sensor troubles, leaky oil filter housing, oh and overheating in winter time when it was 25 degrees outside due to sand cast in cooling system. I will never buy another Chrysler product as long as I live.
Jeep is the best Brand Stellantis has. They shut it down the whole company is DONE
Jeep may be the best 'American' brand they have. I think the leadership is more Euro focused, and just don't know what to do with the American brands, let alone trying to keep their French, German, and Italian marques going. I see them shedding/selling off the American brands.
There is nothing mentioned that states Stellantis is selling or closing Jeep or any other division. Too many false stories being spread on social media
to many make
I agree.....Jeep Wrangler is the best.
This headline is pure bunk they would sell off brands if need be especially Jeep
Chrysler, dodge and jeep, which used to be under Mopar, has a long history of financial problems, nearly all of which can be traced back to long episodes of poor quality in their vehicles.
The price shot up on gas cars to cover the high cost of evs. Get rid of the evs and bring back the Hemi. Tavaras needs ro be fired.
& bring in Mopar Jesus! 😇
Carlos Tavares gave himself a raise, he doesn’t see an issue. Every other truck on the road is a RAM if they still can’t survive, maybe it’s because the executives paid themselves too much. - they need to be fired, not reorganized.
Problem is very easy to solve. Cut MSRP by 38%, 10 year warranty on the junk they are building and offer no more than 2.9 financing for qualified buyers. Problem solved
0 percent
Grear thinking i really mean it. Their sales will triple
They can't afford to do the 10 year warranty as they don't have the build quality
The 10-year warranty would put them into bankruptcy. No more warranty. Someone will buy the brand names for a song
Luv’n my 20 year old Wrangler!!! 👍😊👊💥
We need 16-18k and 20-24k vehicles. I don’t need an infotainment center, digital dashboard or push button start. My base model Jetta is great
I know eh. Have a Toyota for a year now. Cant figure out how to run much on the little thing.
Nuff to make you cry.
Every 8 year old back in the day could drive your dads 58 Chevy or Chrysler in two minutes. At least I could/ did/ Shhhhh lol.
Go Chevy TRAX - TRAILBLAZER! AWESOME VEHICLE FOR THE MONEY!
Look at the Nissan Versa and Sentra.
Some carmakers have said they're going back to old-style dash controls instead of touchscreens.
I hate the shape if the new Suv, they all look like soccer vans.
@@Ironstarfish then let the Chinese brands in. It's the only way you're going to buy at that price
When Fiat bought them and started putting Fiat parts and engines and running gear into them, they ruined the brand. Any jeep made after 2006 is not a jeep. It is a Fiat and WILL breakdown frequently, and it will be expensive repairs each time.
FIAT- stands for "Fix It Again Tony".
@@96biggss Jeeps have never been reliable since the 60s and 70s. Jeep was been owned by at least 4 different companies simce tbe 70s. Crappy quality. Fiat does not have V6s or V8s and only shares the Commander and Cherokee chassis with Fiat. Everything else is 100% American Jeep
Just dumped a 5 year old Pacifica. Tired of expensive repairs. engine mounts, steering column, alternator at 70K... crap cars.
Canada loves crap cars.
I dumped a Dodge Caravan and a 2005 Pacifica in the past. Garbage on wheels. Happy driving a Peugeot 308 though )
@@at4466if it wasn’t a 2008 and up I don’t blame you
Proof that Chrysler isn't an "iconic American brand". It's been selling JUNK for the last 50,60 years. Under both foreign AND American leadership and owners.
If a CEO states as his main goal to make money, watch out. This never ends well. Stellantis is not alone. Look what happened to Boeing or HP. I have firsthand experience with this when I worked for a Swiss company that made precision instruments. When I started working there, watching costs was not the most important goal. Making the best products was. The unofficial motto was: We are the most expensive but we are also the best. This changed when the owner's sons took over. Maximizing profits was the new mantra. I see so many parallels to Stellantis: Abandoning a loyal customer base, rudderless leadership, acquisition of businesses that diluted the brand's reputation for quality and inferior products. It did not take that long for some key people to leave or retire earlier than they would have otherwise. They were long gone when the first layoffs were announced. Eventually I resigned, too. Fate would have it that this company is still around but not under the same ownership and configuration. It was broken up into 3 different companies that are doing quite well. A similar outcome would be desirable for Dodge, Jeep and RAM.
Horrible CEO. Prices for Ram have risen 30% since 2020. Corporate greed will kill them off.
risen 30% .. so barely keeping up with core inflation lol. ie the cost has not gone up at all relative to wages.
this isnt just Stellantis. This is all car manufacturers. EVen Toyota Tundra's start at 60k for base mdoels. I remember Rams prior to 2019 selling for sub 40k
Inflation is killing all the car companies. The price of parts just to repair a car are ridiculous. There are still shortages of certain parts.
30% is pretty much the general inflation over that period. You’re right that inflation has been high, but it was unlikely a car manufacturer would allow their products to get cheaper in real terms…
Stellantis decided the Jeep should no longer be a fun off-road vehicle. It went from the fun little mud beater to a high end luxury toy that will never see anything worse than road dust.
At least the CEO got his huge bonus.
Agreed. It's a shame he got $39 million for destroying a company. Apparently, he's really good at it.
EV ARE A JOKE
I need to wait a little more. My point is, down here, Brazil there are a lot of car channels saying that Hybrid cars are shit and none can understand how they work to effective repair them.
Yeah, so we should go back on horses because carburetors are a pain in the ass to tune up?
I would wait. Brazil could be the new Saudi Arabia on renewable resources. So charging EV vehicles wouldn't be a problem...
Looks like stellantis has done the same thing Disney has done to entertainment. Forsaking consumers.
Sounds like a famous beer brand.
This is typical outcomes like the Edsel, a certain beer brand, Disney and the rest of the elite “betters” who “know better “ than the muppets.
Why can't we just have a Wrangler sport with dana 44's, lockers and a v6?! why is that so hard?
"If brands don't make money, they will be shut down" even though it's the CEO's TERRIBLE choices which made it unprofitable. FCA US had profit margins of 16% with average to good quality. Tavares' ONLY move to maintain profit is cut everything (killing quality) and raise prices (cutting ability/desire to purchase). Why absolutely no new investment, except in evs?
Probably to get the billion bucks in tax payers money.
Had a Cherokee XJ from 1999 to 2021. Great car, I loved it. Easy to repair, even the dealer here in Germany charged not too much. But I saw the new Jeeps at the dealer. Insane.
What I learnt from working on multinational companies, is that the CEO's and most of the high level managers only works for themselves, not to make the company great and making profit... they negotiate huge bonuses, even if they ruins the company.... just bigger bonuses...
I have a 2014 jeep grand Cherokee limited. Has 200K on it and have only done brakes , tires and a water pump. Still drives beautifully and still tows my boat . Have the V8 . I love the brand and would buy a new one
The colossal failure of leadership at companies, corporations, universities, the military, alphabet agencies, government at all levels and especially political “leadership” is stupefying.
Exactly! Corporation leadership forgot who their real customers were (hint: they are not themselves nor the shareholders) and Government forgot who they are working for (the taxpaying citizens of their respective government levels). Each of them need refresher courses!
Amen !
I've been a Dodge/Jeep guy my life it's sad that a CEO and management could screw up that bad. And I'd say no bail out!
Stellantis is a foreign car company, it’s not U.S. owned. It won’t be getting a U.S. billion dollar bailout lol 😂
Yes it will get a bailout UAW!
@@Ned-r4tNOPE---- let Netherlands bail them out---- its their problem--- and company, now.
With the way our government gives our tax payer money to everyone but the very people that paid it, it wouldn't surprise me if they did. FEMA can't even help the hurricane victims because they are bankrupt from giving all the illegals all of the money we were forced to pay in.
Ford has a similar problem with pickups. They only want to build and sell to the public loaded and expensive pickup trucks while the one truck everyone wants because it is simple and cheap, they are primarily selling as fleet sale vehicles. Very few Mavericks are available for the public. My grandson has one but had to wait for over a year to get it after ordering it.
These American brands need to be managed as well as developed and sold - in America. The mindset in Hoofdorp among the executives is completely out of touch with the American way and probably best suited to staying in the European market.
Jeep, Dodge, Ram etc. should be owned and operated in the US. Workers in these factories can turn out good product without Jeeps becoming Fiats.
The EV hallucination is over. No one wants them.
That is all that will be available soon.
Stellantis need to sell the Jeep brand to an American company located in mainly in Texas. No body in the English speaking world would go anywhere near a fiat quality product.
Too bad a lot of people in Texas only speak Spanish...
@@bman9141 it’s better if Spanish Americans and Chinese Americans build in America than Chinese, in China making the cars or Mexican Spanish speaking making the cars in Mexico.
Well there is one purely American car company located now in Texas. They only make EVs though.
@@planesandbikes7353 just imagine if he did not come to America
How about Reno instead.. highest concentration of Jeep wranglers in the country per capita plus cheap land low taxes ect
Worked in a dealership in the 70’s and 80’s. CJ 5 and CJ 7 had a sticker in the passenger area that said it was a utility vehicle and doesn’t handle like an automobile. People were happy with them. 6 cylinder, 3 speed manual transmission, no radio or power steering wasn’t unusual to see. Prices was reasonable. Now, air bags,power steering, A/C, overdrive automatic transmission, AM/FM CD player and power windows.
Priced too high for typical working person. Yes they are hard too sale.
Profits drop 48% ....mmm I bet he gets a 300% pay rise soon.
68%
Tavares knew of the issues ahead of time from the dealers. He didn’t listen and now look at the mess he’s created.
When I was working for a company with EMD , I asked a GM auto Engineer why the 1992 Silverrado cost $ 26,000 , He said the actual cost was $9,000 and when production got going it went down to in the $ 8,000 area. Well were did the rest of the money go ! The money goes to the CEO ,Vice presidents , and stockholders . How many do you make ? Some where close to 1.2 million. So $ 16,000 x 1.2 million is a pretty good paycheck for people who make money off the backs who actually do the work ,
That sure is one helluva big chip on your shoulder. Did you hear the part about the unions taking the workers out on strike? That will fix the problems won't it.
forgot payroll , huge chunk.
@@maryblankley4702 That included the union pay and his $ 85,000 year salary !
@@harrygatto Who builds the cars " you " or the $39 million dollar CEO .
@@robertreeves-su1qb That chip on your shoulder will forever prevent you from understanding that the workers do not invest any money in the business, do not buy the land, do not build the factories, do not buy and install the tooling which they operate etc. etc etc. without which they could not and would not have a job and a steady income. Top management doesn't always get it right but striking workers will simply strike themselves out of a job which will eventually be made available to someone else in a place like, for example, Mexico. Not for the first time.
Go woke, go broke. We don't want EV, we don't want turbo 4 cylinders, we don't want forced decisions.
from a repair shop point... so anything 2018 and up you can't reset the computers with out having to pay them a subscription fee to use their software... So people have to pay even more to repair them and the local dealership is trash... they charged us over 600 to replace a $66.00 evap pump.. oh ok diag was 188.00 and the rest to replace the part that is behind the rear wheel plastic fender under cover a whole 30 minute job ..
Watched this happen working at Saturn 25 years ago. Expanded lines too much and lost touch with core customers.
100k for a half ton is crazy. Of course people aren’t buying
I'll tell you what happened, greed ! Manufacturer greed , dealer greed, and don't forget the big bellied auto worker!
All this and junk cars ! 😮😮😮😮
GM tried to run an automotive companyvwith MBAs and accountants in thec1980s.
it was a disaster.
You run a car company with people with an engineering background and a marketing background.
When Stellantis acquired Chrysler zand Jeep these companies werecultimately doomed.
And they consumed Rambler or AMC, munch munch munch till one day/ they got eaten too.
In the end it is a hard business covered in Corinthian Leather. lol
The history of North American vehicles is like a graveyard full of dead dreams. Right from day 1.
Well well when it is possible to acquire a company like with Chrysler and Jeep then those companies were already doomed and with some luck perhaps saved or not.
Just look at Britain, nothing left but some brands have been saved by the Germans, India, Italy atl east.
Thanks for sharing.
Not watching when the video starts off saying Jeep Dodge is officially gone, then a minute later says they may consider stopping production.
Once again, rich people destroying workers and their families lives.
Stellantis did this with other established vehicle manufactures , they buy a brand thats doing good make it unreliable and over price it thinking people wont notice and the prices of parts and aftersales support are ridiculous . Many of the other motor brands they own are going down this same road . I hope someone will step up and buy Jeep Dodge Ram and not let this iconic motor manufacture die.
Jeep's after sales support has sunk to almost non-existent in Australia. Stellantis have killed the Jeep brand with caravan tourers by not having a diesel in the latest model.
The worst part is they dont want to sell these brands that are failing thats stellantis for you
The problem is not the brands. The problem is at the head, the total (and spectacularly dumb) mismanagement. ...And for that, the CEO got/get paid $38 million/yr.
I must conclude, that he got this spectacular amount of $, for deliberate and calculated destruction(!) of the brands; it couldn't possibly be for great, competent, and profitable leadership.
The problem is the QUALITY. Focus on quality, everything else will fix itself.
I recently looked at a new ram 2500 but at 114,000 they can keep it... Its cheaper to buy a porsche than a dodge.
Wow. To think that about a year ago the auto analysts were often strongly touting Stellantis' stock (STLA). Glad I never bought any.
The only problem with the Jeep brand, especially the Wranglers and Gladiators, that are still in their ICE form with the 3.6 V6, automatic have been in production long enough that they have established a reputation for durability and getting into places then back home others only dream of in stock form. All EV or ICE/EV hybrid’s have issues from top to bottom. But they are the government behind them have forced a rise in prices to develop vehicles that the infrastructure is not ready for! So that brings us to the elephant in the room, over priced products. I guarantee if the prices were to drop from 15-30%? Depending upon current prices? Every vehicle built would sell, yea possibly at a loss of 10-20% at most, but that’s many times better than 100% and bankruptcy!!!!
bring back tbe inline 6 from the 90's and 2000's the 4.0L high output ,and keep them simple and lower the freaking price, you guys know the cost to produce is not that high as you want to sell, lower the price and you will see how many people will start to buy
Not many people know Mahindra in India builds their version of Wrangler vehicles they are licensed to build. You can buy one of theirs for less than a fourth of the American built versions. Those built in the US are way overpriced. I worked for one of the biggest Jeep stores in the country for 20 years and I could see them pricing themselves out of the market.
My 1999 (no frills) Laredo 4.0L. is my daily drive. Reliable, comfortable with enough power for towing, easy to service.
Thank American Motors for that 4.0.....They did make a great straight 6.
A 48k basic work truck from ram with non stop issues, or a chevy/ford for 12k less and not as many problems
He needs to go
This has to do with the price of vehicles now. 10 years ago when something major went out on your car like your motor, transmission or a blown head gasket or a really expensive repair like that, most people would have junked the car at that point instead of fixing it. Nowadays because cars are so much more expensive it’s actually cheaper to repair and keep the car you already have if the rest of it is in good shape.
“Rugged and reliable”? Not in like 20 years has Jeep been either. Nowadays just overpriced junk! But then again almost every car manufacturer these days is overpriced and having major quality control issues. That’s why the used car market is so hot right now.
I used to love the brand but ever since I got my ford, I don’t know that I would go back
I have 4 vehicles...2002 Suzuki Grand Vitara, Ford V10 Excursion, 1996 Ford Explorer and a 2006 Honda motorcycle. All run great and are in perfect shape. The more I learn about new vehicles, the more I enjoy maintaining my old stuff. I'll never buy a new vehicle.
Keep trying to charge $60k for a wrangler... Want a 392? Get ready to cough up $110k! These guys are out of their minds
I have 3 Jeep Wrangles and a Gladiator. We are a die hard Jeep family. This breaks my heart. I agree the price is so high it is crazy. And the fact they pushed the “EV” Jeep wrangler way to hard. I wheel all our Jeep’s hard and we hardly ever see 4Xe’s out on the “real” trails. They need to go back to simple 4x4’s that we can afford and don’t catch fire with battery packs under out butts.
I have a 2012 Wrangler. I spoke with a lady that purchased the Wrangler 4Xe. She said she made a huge mistake! She said the excessive cost and the price to charge it up wasn't worth the hype. She also stated that the tires wear out faster because of the weight.
Buy a Chevy instead.
My reality is I'm now in my 70s and need a new ride. What I want is something simple like a CJ like the old CJ 5 with a price tag that fits my SSI!! A radio heater and AC is all the luxury I need!!
This channel has done a phenomenal job on explaining what’s going on. Tavaras should’ve been fired years ago. He’s totally in over his head.
LET STELLANTIS FAIL , A SET OF 10 OR 20 SMALLER COMPANIES EACH BUYING A SMALL PART AND THEN COMPETING WILL GIVE US ALL BETTER CARS AND EMPLOY MORE PEOPLE!!
I am in a position where I could buy a new Grand Cherokee to replace my 12yr old GC, however as Neither the V8 petrol or V6 turbo diesel are available now here in Australia ,coupled with the huge price rises and quality problems mean I am not going to!
From Australia A lot of Jeep Grand cherokee's sold in Australia were for towing a caravan and they had a V8 petrol or a 3 litre Diesel with a 3500 kg towing capacity. Now they not offer either of them. So they have lost many sales there and the sales they lost were for high spec premium models
EVs are a dead fad.
@@kennethmintz1675 you wish it is, but it isn't. EVs are catching on everywhere around the world and American carmakets cannot survive on just the American market because carmaking is a low-margin, volume business. Tariffs will not save them.. The only way is the old-fashioned way, the way the Chinese do: high R&D, watch your costs, price correctly.
Whistling past the (ICE) graveyard?
@@eduardojimenez2044The infrastructure and range does not justify going in this direction at this time, when it does, then I'll adapt. Till then gtfoh!!!!!!!!!!! ULTIMATE TRUTH!!!!!!!!!!!!!!
@@dougcarpenter7627 Knock yourself out. Good luck buying evermore expensive, unreliable, overstressed, smaller and smaller turbocharged engines. Both trends are crystal clear. In less than ten years, 2 out 3 cars sold must be electric, by mandate. Yes, here in the U.S. That IS the ultimate truth.
@@eduardojimenez2044keep dreaming ! Nobody’s buying them, been out for how many years ? And only a small,percentage of the vehicles on the road . This country will end up like Cuba with everyone driving 30 yr old cars before EV’s take over. The grid can’t handle it, charge times too long, not enough charge stations. I’d bet the people caught in the hurricane ravaged areas in the south east that had EV’s wished they never bought one. You can truck in gas but you ain’t gonna truck in electricity! Give it up! 😂😂
Jeep needs to be an American company.
I'm still waiting for my Desoto dealer to get back with
A 1990 Grand Wagoneer was King of the Road material, not cheap, and eclipses the contemporary one aesthetics-wise.
It’s a mistake to say you’re looking at fewer brands and higher prices. The fact is high prices aren’t gonna sell anything they will rot on the lots. They’ll have to build cheaper cars that people can afford people are maxed out. They can’t afford it. They’re at the level of bankruptcy. This is what happens when you mark it to people while they sleep while they eat while they breathe they get in debt and then you hit a ceiling. There’s no more money in the bank account.
Even with the 100% tariff on BYD, they are still cheaper than anything America makes. I don't want an EV, though.
@@conicEllipse Latam has been flooded with cheap ICE China-made vehicles over the last three years, most cost between 10 and 20K USD, Bosch parts under the hood, what's not to like? US gov will not let the people have them