@@williamecroweRight, but why would you pay $80K for something like a Jeep Wagoneer when, for that price, you can get something like a Rivian R1S, which is waaaaaay ahead, technologically-speaking?
You must be a brainwashed democrat. Democrats always use gouging! When it's really corrupt democrats spending money and buying oil from corrupt countries!
From the CEO to the union workers are way overpaid. This driving up the price of all their vehicles. Add the sub par vehicles that nobody wants, add the current state of our economy. It’s the perfect storm.
@@Chicago48 How about YOU convince the largest shareholders that YOU have what it takes to be the new CEO? Should be easy given the shareholders want to retain value and YOU have the skills.
@@bobroberts2371 Clearly Tavares doesn't have the skills to run a North American operation. He did well in Europe where he understands the market but flopped here. Investment is required in North America to bring them back. Too many older models require changeovers. I could do his job for 90% less than what he gets paid and do it better.
@@bobmister250 The top 3 share holders are: Exor NV (Private Equity) 15.16 % Peugeot Family 7.563 % Bpifrance Participations SA /PRIVATE EQUITY/ 6.500 % I'm sure they would like to hear from you.
The discontinuation of the Dodge Grand Caravan and Dodge Journey after 2020 marks the end of Stellantis' affordable/reliable vehicles, and profits falling dramatically. Most of Stellantis' new vehicles today cost 2-3 times more than Toyota or Honda. Nobody would do that.
There are plenty long running affordable cars. People just don’t care about cars as they used to. As cars become appliances, young people don’t care about them and see them just as appliances to take you from A to B.
Muscle cars with no V8, $100k+ Jeeps, Pickup trucks with no V8s, Super cars with pathetic exhaust notes, luxury brand that only makes minivans now, luxury sedans with the quality of a Chuck E. Cheeze toy, etc etc... Can we really be surprised?
@prolific1518 wrong. Naturally aspirated v8 has better reliability than these turbo v6 All your doing is giving more power to a smaller engine. Which breaks down parts faster.
@@prolific1518 A V8 might drink more gas, but it will last MUCH longer. This means no emissions are made in the manufacturing process of a whole other engine, because that engine was never needed. A larger, low stress engine is the way to go for reliability.
It wasn’t a good idea combining all those brands that were struggling and failing into one band. They thought they could reuse resources and make it but failing to make a reliable product that’s very expensive in a very competitive market was not good idea.
@@annoyedok321 Yeah it kinda reminds me of Atlantis the City that sank in the bottom of the Ocean. Come to think 🤔 about it Stellantis is headed in the same direction its finances are heading to the bottom of the Ocean.
Not that easy. There are a variant more involved. You DO NOT want Governments trying to Run our motor companies. Or Everything will be as say North Korea or other Governance over powering its people and will strictly be at the behest and Forced work upon the people for barely survivable wages whilst having to also replace ingenuity and entrepreneurial Technological advancements with a do and make what WE say Governance.
Maybe they should raise the price of their vehicles, Make them less reliable and remove all the engine options that Americans love... O wait they already did that.
Between Stellantis upscaling their pricing for poor quality products and the UAW demanding sharp increases in pay let the company fail without any taxpayer intervention. No more TARP for the automakers so they can turn around and gouge working people with their outrageous prices.
I was shocked to see that Dodge 2500 Limited's were $85K and Jeep Grand Wagoneers were over $100k... The dealership I went to was packed with 2024s....
he is following the dictates of the liberals in govt world wide. the fools the voters put into office to destroy their own lives. useful idiots is what the voters are
@@themopar426 tell me how the workers are at fault? It's purely the bad decisions of upper management. GM and Ford are doing fine, so shut up anti-worker bootlicker.
I'm amused by all the overpriced heaps rusting away on dealer lots. Raising the price of a chrysler product doesn't suddenly make it more valuable. It just means no one wants these brands.
Someone speculated demand would stay high forever -- and built far too many expensive heaps. What fool would want a wagoneer for over $100,000? A better-appointed lincoln or genesis doesn't cost that much.
It's not stelantis, it's the ceo himself destroying the brands. Just because whatever works in Europe, don't mean it will work in NA. having NO v8 lost them a lot of business as well.
@@4309chris Yep, she will solve the problem.. can you explain ?why did the big 3 who once had a 90% NA market share shrink to 32% today an become the little 3 ... Figure that one out.
@@4309chrisRight! Sarcasm both detected and admired! She did say she would Take Patents just as Dictator Communist Governance do. Thus clearly halting Technological Advancements and Free to Create Entrepreneurialism.
When the last UAW contract went through I posted on several videos for the members not to make any big purchases because no auto company is willing to pay that much in dollars and benefits for unskilled labor. Even Jim Farley said that he would have to look at moving jobs to Mexico. Adding to that, the robots are on the horizon. I have always maintained that Shawn Fain is out to destroy the UAW.
@@the_expidition427 You are clueless. I live in Detroit, me and my entire family worked for the Big Three. There is no skill involved in the majority of building an automobile on an assembly line.
what a train wreck.....LOL These guys pulled out "make believe" MSRP's from their arses and are wondering why dealer lots are piling up with over priced vehicles.....
They did this on purpose. People have been reporting across the country of Jeeps on lots for 250+ days with ZERO price drops and $70-$90k price tags. They have ZERO new model replacement investments. They have been planning to dump Chrysler/Jeep/Ram
Chrysler is now down to only selling one model, a mini van. Meanwhile Tevares salary has nearly doubled from ‘21 to ‘23 at almost $40 million. He’s doing exactly what the shareholders and board want.
CEO has nothing to worry about. He received a 56% pay increase for doing such a great job. The shareholders and board who approved this will get zero sympathy from me. "In 2023, Carlos Tavares, the CEO of Stellantis, received a 56% year-over-year increase in compensation, totaling nearly $39.5 million"
They shot themselves in the foot by discontinuing there best selling platforms and best selling engines (hemi's) with no real replacement that actually generate excitement/innovation. Its no wonder Tim Kiniskus left.
Tevares is doing exactly what the Stellantis board and shareholders want him to do. His salary in ‘23 was almost $40 million. Up considerably from $24 m in ‘22 and almost double his ‘21 salary of nearly $21 m. At this point it looks like this is all part of the plan to rid themselves of some brands and factories.
Same here. Got burned buying a new 1994 Dakota (2WD) 318 V8. Ran fine for 38K miles then self-destructed. Went thru 2 trannies, 1 rear end, and 3 heater cores! Traded it in for my 2003 Tundra 4.7l that I still drive to this very day with ZERO issues. And no, the frame isn't rotted out (Michigan truck).
i am a mechanic...they make horrible unfixable overpriced vehicles....and then wonder why sales are down...they turned the jeep brand into a true P.O.S....
Tavares has said that marketing is the reason???? Dude is out of his mind. Tavares raised the price on their vehicles across the board on vehicles, that previous to the price hike were selling VERY WELL, and then blames marketing????
Chrysler and Dodge and Jeep will be gone. Look at what happened in Belvidere and put those workers out of employment. Stellantis will avoid the terms of the UAW contact
Tesla sold 1.8 million EVs in 2023. That's more EVs than Ford sold in trucks. Nobody wants EVs.😂 Sure, any nobody wants those newfangled smartphones or tablet computers either. 🤣
Why do these media outlets keep calling this Eric masters guy who has no clue of what's really going on... demand is down because they raised there prices above what American consumers are willing to pay in addition to not building what the dealerships know what will sell...
Thank you! Everybody keeps blaming UAW for all this. Noo, it’s not them at all. Build quality, reliable, and affordable vehicles and there shouldn’t be any issues.
Bought a last call 2023 Charger that was sitting for a while, it was discounted a lot. I like sedans, felt like I picked the perfect time to buy one. That being said, no way I would pay full sticker price on any car, truck or suv.
@@jogmas12 just like why you would you buy a Nissan? Have a 31 year old Cadillac 93 and a 39 year old 85 Cadillac Seville both had what the masses said was the worst engines but they still run. It’s all on how you drive them and take care of them my friend.
@@cadillacnational7539 well, I only had this vehicle for the last 21 years. Two people owned it before, I have no history as to how the vehicle was maintained prior to that. All I know when I got, it looked pretty much beat up, the engine oil was low and very dark, as was the oil in the transmission case. The coolant looked like it never been changed. And the brake fluid; dark as night. Hydraulic clutch fluid also dirty.
Let’s see. First it was Renault that tried to save Chrysler, then Daimler Benz, then Fiat. Old Europe was not able to make a difference. It’s is time for Chrysler to end.
@@billyhorton5779 just turned 400,000 km, 240.000 miles, on my old Honda Element. Doesn't burn or leak oil or coolant. Nothing but regular maintenance. Difficult to justify buying anything else. A young woman who worked for me used to drive a Camry with similar mileage, passed around her family like a Christmas ham. She won't switch from Toyota. Cars are expensive. People need value. Chrysler just doesn't deliver. The handful of fast V8s just isn't enough
This "expert" blames China's EVs for Stallantis's downfall when the actual issues are their terrible quality and high prices. Their US dealerships have to pay for large inventories that sit unsold for hundreds of days on their lots.
A stripped down $25k MSRP Jeep 2 Dr Wrangler and a new 2 Dr Gladiator with 6ft bed also for $25k would sell in huge amounts. These $70k Jeeps, not so much.
Did the UAW really think they could force unsustainable pay & benefits without consequences? Sure execs get paid too much, but even if you cut their pay by 100%, that wouldn’t cover more than 5 cents an hour for all their hourly workers!! Add bad sales and government mandates/regulations and poof!! There goes your great job!! Off to unemployment office you go!!
@@matthewtate5581 exactly. There are Too many union workers who are throwing away what their fathers and grandfathers fought for and they take for granted by supporting a union hating candidate who doesn't like to pay overtime or pay people at all. They got theirs and don't care about anyone else. Good luck with that.
Hey where’s big mouth Shawn?? Remember he was running his big mouth about stellantis and Tavares during negotiations!! How is that working out now?? Happy job hunting UAW members.
This Carlos guy is a monstrosity. He is completely destroying all of the Chrysler brands. I don’t think Chrysler is going to make it another year if they can’t get rid of this guy
Maybe they should build a simple affordable vehicle. A $100,000 Jeep? They'd sell millions of $30,000 Jeeps. And nobody asked for an electronic gas pedal.
I work in automotive engineering, and I'm close to the regulatory side of things. I'd rather not get political here, but I need to call it as I'm seeing it: this Biden administration electric-vehicle effective mandate is proving ruinous for my industry. We have to jack up the prices of the ICE vehicles people do want to fund development of electric vehicles they don't want. But, that's just for the ICE vehicles we can still keep around. Hey, I'd love to see the Hemi Challenger stick around, but regulations don't have room for both this and the more profitable ICE pickup trucks. Oh, but it gets better. Once this electric vehicle effective mandate is in full force, plan on an up-to-30% reduced autoworker job count. How so? Electric cars don't require as many parts, and to put it bluntly, these parts fuel jobs. But hey, no worries, though... the money automakers save on domestic autoworker wages can be redirected to China, Russia, and the Congo for (expensive) battery critical minerals. So, yeah, at the current rate I don't have much hope for the future of this industry. Now, that could change if people voted a certain way. But, as the election results of 2020 proved, that's a big 'if.'
Your kidding yourself if you think whoever is president is going change ANYTHING that is going on the the car industry! Nothing will change at all! Seriously
Tesla sold 1.8 million EVs at a profit in 2023. That's more EVs than Ford sold in trucks. Get real. And nobody made anyone purchase an EV against their will. If you're thinking ICE vehicles are the future, you're still living in the past. Anyone can purchase as many ICE vehicles as they want right now. And, if they're so great and valuable, you should purchase several of them now and sell them in the future at a terrific profit.😂
All what you say is B.S. look at China and all the affordable EVs they are making right now. Look what Dacia and Renault are selling in Europe. Now look at what Tesla is planning for its future, the cybertruck it's a stainless steel death trap, its robo taxi it's an uninspired and lame self driving car nobody was asking for, ok, except for Elon in one of his ketamine trips, meanwhile he killed Tesla's 20k vehicle. Compare that with Vinfast and its new model, the F3. Elon has been promising the new roaster since 2017, meanwhile MG already launched the Cyberster, a gorgeous electric sports car that cost less than the 50 thousand dollars musk asked for a preorder of the new roaster. Neither Tesla nor any other American manufacturer are really committed with affordable EVs, they only want to sell luxury and expensive electric SUV or trucks because they can ask for more money. Chevrolet and Ford are synonym with expensive cars and bad quality. Japanese and Korean brands are eating their cake with ICE vehicles, China will do the same with EVs. Biden With his tax raise is only extending America's car companies agony.
Pure ignorance. Politicians are creating a massive shift in the automotive industry. ICE cars are getting banned in many places, like California. You won't be able to buy one new due to politicians. Car companies like Stelantis probably won't survive the change. Their decades of patents and expertise will be worthless.
Chrsyler,Dodge, and Ram are highly sought asset in North America in terms of brands. They have cool designs from the past if they still have it in their vault.
Imagine the execs giving themselves hundreds of millions in pay and bonuses and can't figure out why they are losing money so they fire all the workers who didn't get paid.
its going to happen. I stopped buying CDJR products years ago after 15 years ownership. The quality is sub par. Now we own Toyota's and there is simply no comparison in quality and reliability with domestic little 3 products. GM seems to be ahead of the pack, CDJR and Ford...not so much. It's an end of an era. Big three at one time had a 90% NA market share, today the little 3 have a 32% market share. Hope these guys figure something out because a lot of jobs will be gone for good.
Jeep Wranglers are the only vehicle that used prices has increased this year, while most other manufacturers models have declined sharply. Check Toyota needs to replace 100,000 new motors this year. People still believing Toyota still has the quality from 20 years ago.
With Dementia Joe allowing all these illegals into the country, wont be a need to move south of the border, as all the cheap labor is already on US soil! Thanks Joe!
Get the price of a new Jeep back down to $30,000 and a new minivan down to $25,000 for base models. Loaded, nothing except heavy duty trucks should be over $40,000.
Here's an idea for stellantis Get rid of the Union. It's not the worker's company. The Union is bleeding all companies dry. UAW. Needs to go away. Your employees are just greedy.
There is no no transition to EVs. That's a complete diversion from the real problems facing Stellantis, which is large unsold inventories of overpriced models that consumers can't possible afford in this economy.
Could it be because they're building junk-quality vehicles at astronomical prices?
Are you trying to make sense 🤣?
Maybe the prices are too high 🤷🏽♀️
All vehicles are very high price.
Quality is trash drive shaft on my challenger at 45k miles gonzo
@@williamecroweRight, but why would you pay $80K for something like a Jeep Wagoneer when, for that price, you can get something like a Rivian R1S, which is waaaaaay ahead, technologically-speaking?
They tried to gouge their customers and ended up getting gouged
💯
You must be a brainwashed democrat. Democrats always use gouging! When it's really corrupt democrats spending money and buying oil from corrupt countries!
Bingo!!!
💯
facts. thats exactly what they were doing.
No one wants $80,000 jeeps!!!!!!!!
Yeah they need $40000 off MSRP to even think about looking at them.
who will buy junk ?
That's the problem though. They're not $80,000 Jeeps. They're $40,000 Jeeps being sold for $80,000. The quality and reliability is abysmal.
we dont even want $50,000 jeeps
@@joels7605 Just like the housing market really. Our money is worthless, it's not that these items have gotten more valuable.
They brought it on themselves. Most of us can’t afford $100,000 cars and trucks.
The union causing the price to spike.
UAW caused it
@@Decoy22x The why other union made cars are not stupidly expensive?
@@vacuumunitvoting blue caused this
@@carlosazpurua6231which union you speak of? Not here in USA
“Nothing is off the table … except my huge multimillion dollar CEO pay”
😂😂😂 very true
Or the union workers absurd wages
@@DKK the proposed pay raise does not even make up for true cost of living inflation rates.
From the CEO to the union workers are way overpaid. This driving up the price of all their vehicles. Add the sub par vehicles that nobody wants, add the current state of our economy. It’s the perfect storm.
@@DKKbingo
Overpriced. They need to start building things everybody can afford. Not just the rich. And maybe bring the quality up a lot.
Definitely bring the quality up!
They need to start with firing the CEO. He's incompetent and over paid.
@@Chicago48 How about YOU convince the largest shareholders that YOU have what it takes to be the new CEO? Should be easy given the shareholders want to retain value and YOU have the skills.
@@bobroberts2371 Clearly Tavares doesn't have the skills to run a North American operation. He did well in Europe where he understands the market but flopped here. Investment is required in North America to bring them back. Too many older models require changeovers. I could do his job for 90% less than what he gets paid and do it better.
@@bobmister250 The top 3 share holders are:
Exor NV (Private Equity) 15.16 %
Peugeot Family 7.563 %
Bpifrance Participations SA /PRIVATE EQUITY/ 6.500 %
I'm sure they would like to hear from you.
There is incredible demand for reliable, affordable, and long-running cars. Maybe try that.
The discontinuation of the Dodge Grand Caravan and Dodge Journey after 2020 marks the end of Stellantis' affordable/reliable vehicles, and profits falling dramatically. Most of Stellantis' new vehicles today cost 2-3 times more than Toyota or Honda. Nobody would do that.
There are plenty long running affordable cars. People just don’t care about cars as they used to. As cars become appliances, young people don’t care about them and see them just as appliances to take you from A to B.
So ist es 👍 auch in Europa.
“We don’t do that here”
@@mrparts Ipad on wheels = boring transportation that you can't customize any more! Yawn..........zzzzzzzzzz
Make rubbish. Try to sell it for $80,000.
Step back and watch it fall.
Muscle cars with no V8, $100k+ Jeeps, Pickup trucks with no V8s, Super cars with pathetic exhaust notes, luxury brand that only makes minivans now, luxury sedans with the quality of a Chuck E. Cheeze toy, etc etc...
Can we really be surprised?
Definition of succinct right here
V8 is a dinosaur. It's simply the fact that consumers can't afford the prices. Local governments should be cracking down on those loud gas guzzlers.
@prolific1518 wrong. Naturally aspirated v8 has better reliability than these turbo v6
All your doing is giving more power to a smaller engine. Which breaks down parts faster.
@@prolific1518 Where you live, want to bring my open header ride to front? LOL
@@prolific1518 A V8 might drink more gas, but it will last MUCH longer. This means no emissions are made in the manufacturing process of a whole other engine, because that engine was never needed. A larger, low stress engine is the way to go for reliability.
Stellantis is such a horrible name.
Sounds like something you get at CVS with a prescription.
It’s giving me Gastritis!
It wasn’t a good idea combining all those brands that were struggling and failing into one band. They thought they could reuse resources and make it but failing to make a reliable product that’s very expensive in a very competitive market was not good idea.
@@annoyedok321 Yeah it kinda reminds me of Atlantis the City that sank in the bottom of the Ocean. Come to think 🤔 about it Stellantis is headed in the same direction its finances are heading to the bottom of the Ocean.
@@RespectfullyHumbleSo long MOPAR! It was nice knowing you.
High priced but low quality vehicles made by this company.
They need to eliminated excessive executive pay and bonuses.
So you want some buracrat to tell you how much you can make? Good news!! You can get that in North Korea!!!
The CEO works for the shareholders and most often is elected by the board of directors.
Not that easy. There are a variant more involved. You DO NOT want Governments trying to Run our motor companies. Or Everything will be as say North Korea or other Governance over powering its people and will strictly be at the behest and Forced work upon the people for barely survivable wages whilst having to also replace ingenuity and entrepreneurial Technological advancements with a do and make what WE say Governance.
@@edhardesty352Why go there when you have Democrats here.
@@edhardesty352 Some bureaucrat probably decided to skimp on pay when they hired your English teacher.
They are selling vehicles that cost more than $110k! Whos buying a Jeep for $110k? They got greedy
Saw a video the other day of a new Grand Wagoneer getting towed. It had 44 miles on it.
They need to meet their UAW labor contract.
Maybe they should raise the price of their vehicles, Make them less reliable and remove all the engine options that Americans love... O wait they already did that.
Stellantis has a lot in common with Boeing and sears. Bean counters plowed them into the ground.
Boeing had a plan, and executed it
@@infinitetanner not the only thing they executed.
@@RiZenAsH Their execution was bulls eye
Boeing is also a weapons manufacturer so it won’t disappear like Sears or Stellantis? Anytime soon
@richards1191 weapons and military contractors go under weekly! How is ole Raytheon doing this week?
You have a $58k mustang out there also. It’s not just Stellantis. A lot of people pay $1k for a car payment. It’s absolutely insane.
The car companies need to pay for the EV debacle somehow.
Well those 58k mustangs are still built with v8s and a stick shift at least. Far more reliable than a jeep.
Even $500 a month car payments,I would be pushing my luck hard....
Yeah, $1k per month ... for the rest of their lives.
Who wants to pay $50-$60k for a jeep 😮💨
those were 2021 prices my friend, its way worse now!
@@BajatheChickenMan 🤯🤯 haven’t even been to a dealer since 2020
@@livnsouthflorida i dont want to ever have to go back to one. We need direct to consumer sales.
50K? Good luck trying to find one at that price
Try 80-100K
Listening to these guys talk makes my head hurt. 35 is the entry level for a car. 100k for a pick up. Who tf do they think is going to buy these cars?
All these vehicles from all the auto makers are overpriced.
Chinese ones aren't.
@@joskocatipovic706 But who wants a car that sets itself on fire in your driveway! 🔥🔥🔥🔥🔥
Going on strike won't save their jobs or save the company.
It will make it worse if they're not selling high priced cars, plus not making them. Profits into the toilet with their jobs.
Well it will help the company, they don’t have to pay unemployment on strikers!
If your job is moving to Mexico because the company is breaking their agreement why not run em out of business.
Between Stellantis upscaling their pricing for poor quality products and the UAW demanding sharp increases in pay let the company fail without any taxpayer intervention. No more TARP for the automakers so they can turn around and gouge working people with their outrageous prices.
I was shocked to see that Dodge 2500 Limited's were $85K and Jeep Grand Wagoneers were over $100k... The dealership I went to was packed with 2024s....
if they have declining sells then they should lower the price of the cars.
85 with major discounts lol they’re a 100k ram 1500 limiteds are 80k plus
Dodge ? 🤣🤣🤣 You spelt RAM wrong.
The dealers are just as culpable in this situation too. Decades of lobbying and corporate greed they were right in line with all of it.
The Ram 2500 is made in Mexico so it should be cheap.
All Carlos Tavares doing.
he is following the dictates of the liberals in govt world wide. the fools the voters put into office to destroy their own lives. useful idiots is what the voters are
Ellkins is spending a lot of money on his boyfriend.
and the union!
@@themopar426 Even without the union, do you think Tavares would have wanted to keep the US brands?
@@themopar426 tell me how the workers are at fault? It's purely the bad decisions of upper management. GM and Ford are doing fine, so shut up anti-worker bootlicker.
I'm amused by all the overpriced heaps rusting away on dealer lots. Raising the price of a chrysler product doesn't suddenly make it more valuable. It just means no one wants these brands.
hard to sell junk at any price
Clearly it is due to the reduction of a dollars actual worth and overinflation surpassing the currency worth.
@@777fiddlekrazy Nope, every manufacture is faced with economic currency issues. Toyota as well as other Asian companies are growing the NA market.
Someone speculated demand would stay high forever -- and built far too many expensive heaps. What fool would want a wagoneer for over $100,000? A better-appointed lincoln or genesis doesn't cost that much.
There is a dealer near me selling a used 2010 Chrysler 300 and they want $7500 for it. Out of their damn minds.
Greed is killing Stellantis in America, nothing more
they are blinded by their greed .............$100.000 trucks do not impress Americans , reasonably priced and quality impress america.
Greed is killing all facets of our lives.
UAW greed is contributing to that. They are demanding that Stellantis build more plants when it already has an oversupply of unsold vehicles.
Quintessentially American.
@@BajatheChickenMan
Greed is killing politics, our lives and America!
I dont need a 36 inch tv in my car to tell me my gas and speed get real
See what happens when you let a foreign entity try to make American we don't want and very expensive.
This is a planned destruction
Huh??? Chrysler has been owned by Daimler and Fiat and did just fine. Amazing people think they know why this happened.
It's not stelantis, it's the ceo himself destroying the brands. Just because whatever works in Europe, don't mean it will work in NA. having NO v8 lost them a lot of business as well.
@@HemiJB91 yeah it's a bit deeper than you realize. Peugeot should have never merged with CDJR, plain and simple.
90 k for a vehicle???
after leaving the dealership
30 % depreciation 😮.
Then won’t last even 80 thousand miles.
European Executives 😂
American car companies have routinely tanked themselves with no help from any 'outsiders'.
@@guest6423Italian car companies suck
@@Viper81766and French (Citroen).
@carlgoogle2869 True. And I only meant the company leadership. The people in these countries are victims of leadership just like all of us worldwide
It started with *US* stockholders approving Chrysler "merger" with Daimler Benz, after they were duped by *US* executives.
This would devastate middle-class Michigan.
vote kamala 😂
@@4309chris Yep, she will solve the problem.. can you explain ?why did the big 3 who once had a 90% NA market share shrink to 32% today an become the little 3 ... Figure that one out.
@@4309chrisRight! Sarcasm both detected and admired! She did say she would Take Patents just as Dictator Communist Governance do. Thus clearly halting Technological Advancements and Free to Create Entrepreneurialism.
Jeep and dodge will.. be sold to an American corporation soon
@@777fiddlekrazyshow me your parents, kid. 😏
Stellanis need to fire the CEO bring back the V-8 and cut the prices of their poorly made Vehicles and cut the workers wages for making junk
Y not start with slashing the 7 figure salary of the top executives instead of the workers just trying to survive?? Are you high?
Why close them? Why not take up Rhodes' proposal to bring
Chrysler Dodge back to US ownership?
You got to make cars people want.
You got to kake cars people csn afford.
No no you gotta make cars that actually work and last
Yet they won't cut prices.
Prices are high. Nobody with logic is wasting their money on $60,000.00+ cars.
It's not just that. Their $60k cars don't offer as much bang for your buck as other $60k cars and they are unreliable asf.
If they would stop killing the American brands and let Americans have the V8 Hemi engines that they love, Stellantis would keep making a lot of money.
Those engines are crap too.
Chevy and Ford are getting rid of V8 engines too
@@davidcorlissNot true! GM invested nearly a billion in a V8 engine program for trucks and SUV's. And Ford still offers a V8 in the Mustang GT.
@davidcorliss Ford already stated V8's are staying
GM and Ford are investing in hyper mileage engines.
Their SRT brands went out, and so did their profits.
When the last UAW contract went through I posted on several videos for the members not to make any big purchases because no auto company is willing to pay that much in dollars and benefits for unskilled labor. Even Jim Farley said that he would have to look at moving jobs to Mexico. Adding to that, the robots are on the horizon. I have always maintained that Shawn Fain is out to destroy the UAW.
All labor has skill making a job look easy in 30 seconds would be 4 years of skill
@@the_expidition427 You are clueless. I live in Detroit, me and my entire family worked for the Big Three. There is no skill involved in the majority of building an automobile on an assembly line.
What a dumpster fire of a company. The black sheep of the old " big 3 "
what a train wreck.....LOL These guys pulled out "make believe" MSRP's from their arses and are wondering why dealer lots are piling up with over priced vehicles.....
Tavares needs to go now! He’s ruined a great company.
They did this on purpose. People have been reporting across the country of Jeeps on lots for 250+ days with ZERO price drops and $70-$90k price tags. They have ZERO new model replacement investments. They have been planning to dump Chrysler/Jeep/Ram
Vulture Capitalism: Buy cheap and distressed companies, sell off the valuable assets, declare bankruptcy, and take the tax deductions.
Chrysler is now down to only selling one model, a mini van. Meanwhile Tevares salary has nearly doubled from ‘21 to ‘23 at almost $40 million. He’s doing exactly what the shareholders and board want.
CEO has nothing to worry about. He received a 56% pay increase for doing such a great job. The shareholders and board who approved this will get zero sympathy from me.
"In 2023, Carlos Tavares, the CEO of Stellantis, received a 56% year-over-year increase in compensation, totaling nearly $39.5 million"
They shot themselves in the foot by discontinuing there best selling platforms and best selling engines (hemi's) with no real replacement that actually generate excitement/innovation. Its no wonder Tim Kiniskus left.
Tevares is doing exactly what the Stellantis board and shareholders want him to do. His salary in ‘23 was almost $40 million. Up considerably from $24 m in ‘22 and almost double his ‘21 salary of nearly $21 m. At this point it looks like this is all part of the plan to rid themselves of some brands and factories.
The people running Stellantis seem like they could mess up a wet dream.
I will NEVER, EVER, EVER buy a Stellantis product for the rest of my life
Same here. Got burned buying a new 1994 Dakota (2WD) 318 V8. Ran fine for 38K miles then self-destructed. Went thru 2 trannies, 1 rear end, and 3 heater cores! Traded it in for my 2003 Tundra 4.7l that I still drive to this very day with ZERO issues. And no, the frame isn't rotted out (Michigan truck).
@@Cybersawzas much as I loved growing up on American engineered cars, I prefer Honda and Toyota now!
@@carlgoogle2869 Same. That's all we own now, and have never looked back.
@@Cybersawz my moms heater core went out on her 99 dakota. Chrysler is crap. I only buy lexus or toyota
i am a mechanic...they make horrible unfixable overpriced vehicles....and then wonder why sales are down...they turned the jeep brand into a true P.O.S....
Could be Mopar people don't want Electric cars. Oh and the stupid over sticker markups.
Over sticker markups? On what planet? Ram and jeep products are mostly all marked down massively from MSRP
@@wileycoyote556 that mark down started 2 weeks ago...
@@wileycoyote556 hard to sell junk
@@wileycoyote556 look up "wrangler death wobble" and tell me you'd drive one
@wileycoyote556 When MSRP in the stratosphere, even a "massive" markdown isn't enough. I'm sure it'll trick a few people though.
Tavares has said that marketing is the reason???? Dude is out of his mind. Tavares raised the price on their vehicles across the board on vehicles, that previous to the price hike were selling VERY WELL, and then blames marketing????
Well at least the few employees left got their new union contract. What a win for the Union.
Cangrats on your new contract :)
Chrysler and Dodge and Jeep will be gone. Look at what happened in Belvidere and put those workers out of employment. Stellantis will avoid the terms of the UAW contact
also nobody wants the EV's.
Tesla sold 1.8 million EVs in 2023.
That's more EVs than Ford sold in trucks.
Nobody wants EVs.😂
Sure, any nobody wants those newfangled smartphones or tablet computers either. 🤣
You are absolutely right...No NORMAL people can afford TESLA's early adopters and rich people excluded
@@jamesfrancis7284 Buy second-hand like normal people do.
EVs aren't the problem. It's the range of the EV and the supporting infrastructure (lack of charging stations).
@regnar19881 all of these should have been in place BEFORE the event push...it's backwards
Noone can afford 80k trucks and $125k SUVs
Why do these media outlets keep calling this Eric masters guy who has no clue of what's really going on... demand is down because they raised there prices above what American consumers are willing to pay in addition to not building what the dealerships know what will sell...
Thank you! Everybody keeps blaming UAW for all this. Noo, it’s not them at all. Build quality, reliable, and affordable vehicles and there shouldn’t be any issues.
Liberal media
Dodge Ram Jeep is dead
Nah, someone will bring them back. Not with Tavares at the helm though.
The most it’s got is 3 years and it’s bye bye.
Bought a last call 2023 Charger that was sitting for a while, it was discounted a lot. I like sedans, felt like I picked the perfect time to buy one. That being said, no way I would pay full sticker price on any car, truck or suv.
Why would you even buy that car? My Nissan is still on the road after 38 years!
@@jogmas12 just like why you would you buy a Nissan? Have a 31 year old Cadillac 93 and a 39 year old 85 Cadillac Seville both had what the masses said was the worst engines but they still run. It’s all on how you drive them and take care of them my friend.
@@cadillacnational7539 well, I only had this vehicle for the last 21 years. Two people owned it before, I have no history as to how the vehicle was maintained prior to that. All I know when I got, it looked pretty much beat up, the engine oil was low and very dark, as was the oil in the transmission case. The coolant looked like it never been changed. And the brake fluid; dark as night. Hydraulic clutch fluid also dirty.
Let’s see. First it was Renault that tried to save Chrysler, then Daimler Benz, then Fiat. Old Europe was not able to make a difference. It’s is time for Chrysler to end.
Chrysler was a marginal company from the early 1960s. There is really only room for 2 major Automakers in America.
Don't forget Mitsubishi
@@jimeditorial Honda and Toyota!
@@billyhorton5779 just turned 400,000 km, 240.000 miles, on my old Honda Element. Doesn't burn or leak oil or coolant. Nothing but regular maintenance. Difficult to justify buying anything else. A young woman who worked for me used to drive a Camry with similar mileage, passed around her family like a Christmas ham. She won't switch from Toyota. Cars are expensive. People need value. Chrysler just doesn't deliver. The handful of fast V8s just isn't enough
This "expert" blames China's EVs for Stallantis's downfall when the actual issues are their terrible quality and high prices. Their US dealerships have to pay for large inventories that sit unsold for hundreds of days on their lots.
A stripped down $25k MSRP Jeep 2 Dr Wrangler and a new 2 Dr Gladiator with 6ft bed also for $25k would sell in huge amounts. These $70k Jeeps, not so much.
I honestly agree with you I keep fixing old retired vehicles is my daily driver it's a lot cheaper then buying new
But they would still be Fiats with a Jeep cover!
Grand strategy: no innovation, fire workers, charge exorbitant prices, ask for government aid and protectionism.
They’ve destroyed the brand!
Congrats to UAW record contract 10 months ago.
Trump is right about Detroit.
From what I think that I’m seeing, maybe STELLANTIS should sell the CHRYSLER brands and then get out of the U.S.
18 Mos. supply on dealer lots currently. Time to quit building, mkt. saturated with product . Pretty good run and good luck to all affected.
Keep that CEO! He’s doing a hell of a good job!
So, he can’t push that overpriced junk that no one wants.. imagine that!
They have brands left to eliminate?
Jeep is a brand strong enough to stand alone.. Break away from Chrysler altogether!
Did the UAW really think they could force unsustainable pay & benefits without consequences?
Sure execs get paid too much, but even if you cut their pay by 100%, that wouldn’t cover more than 5 cents an hour for all their hourly workers!!
Add bad sales and government mandates/regulations and poof!! There goes your great job!! Off to unemployment office you go!!
Bankruptcy is what was used last time to break the contracts.
It's a management failure. 100%.
You’re an idiot lol please show your math matches to the contract they have at ram plant I’ll wait
Workers worth 7 an hour!!
@@matthewtate5581 exactly. There are Too many union workers who are throwing away what their fathers and grandfathers fought for and they take for granted by supporting a union hating candidate who doesn't like to pay overtime or pay people at all. They got theirs and don't care about anyone else. Good luck with that.
Hey where’s big mouth Shawn?? Remember he was running his big mouth about stellantis and Tavares during negotiations!! How is that working out now?? Happy job hunting UAW members.
You do know unions will help them find another job and pay them while helping to find them job the union workers will be fine
This Carlos guy is a monstrosity. He is completely destroying all of the Chrysler brands. I don’t think Chrysler is going to make it another year if they can’t get rid of this guy
Overpriced greed
Maybe they should build a simple affordable vehicle.
A $100,000 Jeep? They'd sell millions of $30,000 Jeeps.
And nobody asked for an electronic gas pedal.
Didn't these workers striked last year for a 50% raise and nobody was buying their over priced vehicles
I work in automotive engineering, and I'm close to the regulatory side of things. I'd rather not get political here, but I need to call it as I'm seeing it: this Biden administration electric-vehicle effective mandate is proving ruinous for my industry. We have to jack up the prices of the ICE vehicles people do want to fund development of electric vehicles they don't want. But, that's just for the ICE vehicles we can still keep around. Hey, I'd love to see the Hemi Challenger stick around, but regulations don't have room for both this and the more profitable ICE pickup trucks.
Oh, but it gets better. Once this electric vehicle effective mandate is in full force, plan on an up-to-30% reduced autoworker job count. How so? Electric cars don't require as many parts, and to put it bluntly, these parts fuel jobs. But hey, no worries, though... the money automakers save on domestic autoworker wages can be redirected to China, Russia, and the Congo for (expensive) battery critical minerals.
So, yeah, at the current rate I don't have much hope for the future of this industry. Now, that could change if people voted a certain way. But, as the election results of 2020 proved, that's a big 'if.'
Your kidding yourself if you think whoever is president is going change ANYTHING that is going on the the car industry! Nothing will change at all! Seriously
Tesla sold 1.8 million EVs at a profit in 2023.
That's more EVs than Ford sold in trucks.
Get real.
And nobody made anyone purchase an EV against their will.
If you're thinking ICE vehicles are the future, you're still living in the past.
Anyone can purchase as many ICE vehicles as they want right now.
And, if they're so great and valuable, you should purchase several of them now and sell them in the future at a terrific profit.😂
All what you say is B.S. look at China and all the affordable EVs they are making right now. Look what Dacia and Renault are selling in Europe. Now look at what Tesla is planning for its future, the cybertruck it's a stainless steel death trap, its robo taxi it's an uninspired and lame self driving car nobody was asking for, ok, except for Elon in one of his ketamine trips, meanwhile he killed Tesla's 20k vehicle. Compare that with Vinfast and its new model, the F3. Elon has been promising the new roaster since 2017, meanwhile MG already launched the Cyberster, a gorgeous electric sports car that cost less than the 50 thousand dollars musk asked for a preorder of the new roaster. Neither Tesla nor any other American manufacturer are really committed with affordable EVs, they only want to sell luxury and expensive electric SUV or trucks because they can ask for more money. Chevrolet and Ford are synonym with expensive cars and bad quality. Japanese and Korean brands are eating their cake with ICE vehicles, China will do the same with EVs. Biden With his tax raise is only extending America's car companies agony.
@@dvader3263 You're absolutely correct! You just don't know it!
Pure ignorance. Politicians are creating a massive shift in the automotive industry. ICE cars are getting banned in many places, like California. You won't be able to buy one new due to politicians. Car companies like Stelantis probably won't survive the change. Their decades of patents and expertise will be worthless.
Chrsyler,Dodge, and Ram are highly sought asset in North America in terms of brands. They have cool designs from the past if they still have it in their vault.
That was a useless report.
That’s what you get when you discontinue the V8 and go woke with EVs
Imagine the execs giving themselves hundreds of millions in pay and bonuses and can't figure out why they are losing money so they fire all the workers who didn't get paid.
Once again unions and poor workmanship with overpriced products...
Brings us to this point.
Hopefully they can figure something out.
If they close the last few US plants, I'll never buy another Jeep
its going to happen. I stopped buying CDJR products years ago after 15 years ownership. The quality is sub par. Now we own Toyota's and there is simply no comparison in quality and reliability with domestic little 3 products. GM seems to be ahead of the pack, CDJR and Ford...not so much. It's an end of an era. Big three at one time had a 90% NA market share, today the little 3 have a 32% market share. Hope these guys figure something out because a lot of jobs will be gone for good.
You should not be buying a Jeep anyways. Jeeps are overpriced and unreliable.
Why wood you buy a Jeep in the first place?
Jeeps have always been garbage....but kids love them and they hold resale....they are Harley's on 4 wheels.
Jeep Wranglers are the only vehicle that used prices has increased this year, while most other manufacturers models have declined sharply. Check Toyota needs to replace 100,000 new motors this year. People still believing Toyota still has the quality from 20 years ago.
No one wants overly high priced poorly warrantied junk!
Maybe Stellantis can merge with Juan Deere down in sunny Mexico.
😂😂😂
Juan Deere. Lol
Taco farms
With Dementia Joe allowing all these illegals into the country, wont be a need to move south of the border, as all the cheap labor is already on US soil! Thanks Joe!
@@IP0Monsturd Mexican word of the day “Juan Deere”. I Juan Deere about the quality of the tractors being made in Mexico!
I'm sure spending billions of dollars on building electric cars no one wants has nothing to do with this
Not surprising when product is crap.
They seem unaware that prices have skyrocketed, making it difficult for people to afford the products and services they offer.
Except Carlos Tavares taking responsibility for the position he put every one…
The days of selling expensive vehicles is over
This is why the made Dodge Ram pick ups into Ram so they could get rid of the Dodge brand.
Get the price of a new Jeep back down to $30,000 and a new minivan down to $25,000 for base models. Loaded, nothing except heavy duty trucks should be over $40,000.
Professor emeritus. Academic types have an inflated sense of their importance.
Guarantee the executives are still getting bonuses and wanting a pay raise
Trump Told Fain "...dont do the deal " Trump was correct again.
Here's an idea for stellantis Get rid of the Union. It's not the worker's company. The Union is bleeding all companies dry. UAW. Needs to go away. Your employees are just greedy.
Same thing happened to Yellow Freight line the union killed that company after 99 years in service as did management.
Say the same thing about your girlfriends or wives because they are greedy
Stop charging 60k for a 20k vehicle and you might get some sales
There is no no transition to EVs. That's a complete diversion from the real problems facing Stellantis, which is large unsold inventories of overpriced models that consumers can't possible afford in this economy.
Potential orphaned brands. Now THATS further inspiring customer confidence!
Build more EVs that nobody wants…that’s the answer.
Liberals want them. 😂