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CEO of General Motors SHUTS DOWN Pick Up production! | Here's the REAL reason!

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Live Cell

Live Cell

Күн бұрын

Unveiling the Shocking Truth Behind Mary Barra's Controversial Decision to Shut Down GM Pick-up Production. A Provocative Investigation into the Auto Industry's Fight Against Climate Change and the High-Stakes Battle for supply and demand amongst rising cost and stock levels. Brace Yourself for an Eye-Opening Ride Through the Fast-Paced World of Automotive Innovation.

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@danielpitre8620
@danielpitre8620 Жыл бұрын
the pickup trucks cost as much as a house and their greed is just unacceptable
@jakewade7388
@jakewade7388 Жыл бұрын
Truth
@randallstewart8487
@randallstewart8487 Жыл бұрын
I remember back in the late 60's early 70's you could build a nice small house for $30,000!
@williamstanton7847
@williamstanton7847 Жыл бұрын
Not to mention that they are poorly made anti-right to repair junkers designed to fall apart!
@chvytom
@chvytom Жыл бұрын
They only charge what people are willing to pay if people stop buying brand new trucks every couple years the price will drop dramatically
@gregpeterson1736
@gregpeterson1736 Жыл бұрын
Part of the ultra high cost is over bearing government regulations
@benisplayin
@benisplayin Жыл бұрын
As a construction company owner I need trucks to provide service to my customers and for staff to drive. We have always operated with the understanding of a newer truck is just less expensive to maintain and own. The greed and out right extortion being seen at the dealerships has made me change my perspective. Buying two trucks for the price of 3 with the value of 1 is just bad math and damn expensive. I have implemented a maintenance program that is keeping things running well. I am saving a lot of money driving trucks a few years old.
@mustangracer5124
@mustangracer5124 Жыл бұрын
35 yr. mechanic here.. you may see what the most failed parts are and stock up on them and hire on outside mechanics to rebuild your trucks.. we had trucks with 300k miles on them.
@EMWoodworking
@EMWoodworking Жыл бұрын
If you look around many of the service companies, such as pest control have all switched to Toyota Tacomas.
@garybulwinkle82
@garybulwinkle82 Жыл бұрын
@@EMWoodworking My dad drove Cadillac his whole life until we hooked him on Toyota; he died with two Toyotas and a Mercedes in his garage!! Mercedes was mom's car!
@paulman9989
@paulman9989 Жыл бұрын
@@EMWoodworking = Cost and durability are most Peoples concerns now = And with that Toyota is a Leader
@trimetrodon
@trimetrodon Жыл бұрын
I have a 2001 Chevy S-10 with 355K miles on it. Yes, I’ve done repairs, but those are small compared to making payments on a new one.
@Ozzypup1
@Ozzypup1 Жыл бұрын
Creating a fake shortage in order to keep prices jacked up. Its all about greed.
@kyzor-sosay6087
@kyzor-sosay6087 Жыл бұрын
They do the same shit with drugs,they say there’s an adderall shortage now………..horseshit!
@rome79735
@rome79735 Жыл бұрын
@@kyzor-sosay6087 Lets not forget gas also
@geraldsmith7240
@geraldsmith7240 Жыл бұрын
Always Marking Them Up.🚙
@BruceLee-xn3nn
@BruceLee-xn3nn Жыл бұрын
I worked in shipping dept at my job for 15 years. My employer and other companies similar to mine would do this shit too. When sales were good and prices high they would flood the market with they're product. When prices went down they would slow production on purpose. Companies have been doing this for YEARS!!
@evognayr
@evognayr Жыл бұрын
Learn meditation
@edwinwise6751
@edwinwise6751 Жыл бұрын
This is strange too me . I was driving full size pick ups when I was in college because they were cheap’ simple to fix and everything I owned could be moved in one trip. Now they have replaced cars and are crazy expensive
@Slick1G3
@Slick1G3 10 ай бұрын
less metal less upholstery less of everything but more money pull the engine out of a new vehicle and the rest is worthless only in america do you have to take out a mortgage to own a truck
@andrewcuellar6649
@andrewcuellar6649 Жыл бұрын
They don’t care about their customers they’d rather stop production rather than cut costs. Unbelievable…
@rome79735
@rome79735 Жыл бұрын
That's why I purchased another brand. But when you think about it, they are really shooting themselves on the foot by stopping production. Some people don't learn.
@Rejectsocialism
@Rejectsocialism Жыл бұрын
Dealers are a big cause of price gouging. They want more profits at all costs. The price should reflect the cost of production , delivery and a reasonable profit. If they continue with the current business model they will need another government (tax payer ) bailout.
@StarInfinite00
@StarInfinite00 Жыл бұрын
Simple business. They saw what you are saying and got greedy wanting to only make trucks. You’re right 😂
@Davido50
@Davido50 Жыл бұрын
It's parts supply constraints period
@Davido50
@Davido50 Жыл бұрын
@Rome Salas Buy American. You weaken the economy as a whole ! That's how much of an effect the huge US automakers has. 1 in 8 job in US tied to the auto industry. Think bout that .
@boblister665
@boblister665 Жыл бұрын
The real reason people stopped buying is they have made vehicles way to expensive. Cars when from you ordered and bought what you wanted or could afford ,to different models with some having more options and others less. Now they want us to all have all the bells and whistles weather we want them or not as that is where profits are.
@GenghisKhan311
@GenghisKhan311 Жыл бұрын
I tired to get my truck without onstR and they said no. I disconnected it the first week i bought it. Thats what gov bailout /tracking gets you
@Slick1G3
@Slick1G3 10 ай бұрын
kzbin.info/www/bejne/jJa0hXRqicimjq8
@richwicklund9001
@richwicklund9001 Жыл бұрын
A few years ago, trucks made up 12% of total vehicle sales yet 63% of the profits. Then, they discontinued making cars and started producing higher priced SUVs. Now, trucks are so expensive that the average person can't buy one.
@maurice8824
@maurice8824 Жыл бұрын
The only thing left is bankruptcy an d make parts a whole lot more expensive.
@curtiswilson4737
@curtiswilson4737 Жыл бұрын
Money drives them, not customers.
@curtiswilson4737
@curtiswilson4737 Жыл бұрын
​@@maurice8824 As you can see, they didn't learn from 2008.
@miniminamanmina3715
@miniminamanmina3715 Жыл бұрын
70,000 for a pickup HAAAA I can buy 30 year old truck for 5 k spend 10 k for re build , paint , body work, and last another 30 years.
@ROCKOLA79
@ROCKOLA79 Жыл бұрын
@Classic Movies And More (BINGO) ✌
@darrylhowe1465
@darrylhowe1465 Жыл бұрын
Mary Barra's leadership makes me worry about the future of GM
@Tusuperbis
@Tusuperbis Жыл бұрын
I was worried the day she was given the position!
@markchidester6239
@markchidester6239 Жыл бұрын
China will buy them, no worries
@benkuxhouse787
@benkuxhouse787 Жыл бұрын
She’s going to destroy it with General Motors. Just like the idiot at Ford the decision to go 100% electric is going to put them out of business. The vehicles will just be not desirable and to expensive.
@SuperDoright
@SuperDoright Жыл бұрын
Women screw up everything. Bud, GM, schools.
@davidbook336
@davidbook336 Жыл бұрын
How about lowering the price of your pickups? So the average man can afford to buy one then you can make more.
@jakewade7388
@jakewade7388 Жыл бұрын
Agree
@RichieRich7339
@RichieRich7339 Жыл бұрын
Whoa whoa whoa, calm down there. You're making way too much sense
@henrigreene3781
@henrigreene3781 Жыл бұрын
They got greedy, they gradually raised prices then when it got to be too much for the average guy it’s too late. Now they’re about to price themselves out of business.
@curtiswilson4737
@curtiswilson4737 Жыл бұрын
Profit is more important than anything, so that's why all of these auto manufacturers are struggling. They don't give a flip about the average people anymore, just the pocket spenders, and the manager of General Motors is driving GM to the ground. With the exception of the Pontiac Vibe, because it's a Toyota, Common sense finally hit me almost three years ago to give up on American made vehicles, and just stick with Toyota.
@RichieRich7339
@RichieRich7339 Жыл бұрын
@@curtiswilson4737 that's the wild part, quality hasn't even gone up with pricing. That's why the smart person would pay a little over retail for a Toyota or Honda because they'll last longer versus paying way over MSRP and dealer 'market adjustments on American made vehicles that have like 20 recalls the moment you buy
@jimwhittaker5838
@jimwhittaker5838 Жыл бұрын
When GM went WOKE I stopped buying anything from them. Go woke go broke 😂
@gjsprophet5422
@gjsprophet5422 Жыл бұрын
GM figuring that brand loyalty will save them at any MSRP is not sustainable as will soon be seen.
@deanmay338
@deanmay338 Жыл бұрын
No brand loyalty from me!
@timothyorendorff7642
@timothyorendorff7642 Жыл бұрын
Any brand loyalty I might have had is totally gone. High price, low quality (recalls), and general indifference to their traditional customer base seals it. At some point the vacuum will be filled by some manufacturer. Just a matter of time.
@xxxxxxxxxx6903
@xxxxxxxxxx6903 Жыл бұрын
Gov Motors doesn't care, it's about time for another TARP bailout round of tax payer money. Yeah know, so they can distribute more multi-million dollars bonuses to each other (again)! 👀
@johnny.3693
@johnny.3693 Жыл бұрын
Brand loyalty to who, the Chinese who own 55% of GM.
@buckleywilson165
@buckleywilson165 Жыл бұрын
GM please pay the bail out money you "still "owe.
@phillhuddleston9445
@phillhuddleston9445 Жыл бұрын
In the late eighties you could get a brand new 1/2 ton full size pickup truck for around $14K, inflation went up about %250 from then that would put a new pick-up today at around $35K. Good luck finding that today, the trucks have gotten more complicated and more expensive to maintain while the bodies have decreased in weight and thickness of the sheet metal to lighten them up for better fuel economy while the prices have increased. You could also order a truck with the features you wanted back then such as color, wheel type, type of radio or no radio, suspension package etc.. Until the prices come down to reasonable levels they can keep their trucks as well as the rest of their vehicles, let them rust on the lots until they have to greatly discount them to sell them.
@ronsteitz4535
@ronsteitz4535 Жыл бұрын
Buyers need to be satisfied with the vehicle they currently own. Don’t buy these overpriced trucks until GM comes to their senses.🤨😬
@mr.independent3501
@mr.independent3501 Жыл бұрын
Agree 100%
@joseponce2930
@joseponce2930 Жыл бұрын
Totally agree! I still have my 2001 Chevrolet Silverado 6.0L and still running strong! Payed about $35k brand new but now, all these newer trucks are 2x as expensive!!
@RickNethery
@RickNethery Жыл бұрын
Still driving my 2006 F150, it runs fine. I've got the little 4.6V8.
@kronos0848
@kronos0848 Жыл бұрын
​@@RickNetheryhell yeah, 249k miles right now
@rome79735
@rome79735 Жыл бұрын
@@RickNethery Yep, I still have my 2001 Ford F-150 5.4 ltr V8
@PigDaddy409
@PigDaddy409 Жыл бұрын
Sales have slowed due to the ridiculous increases in sticker prices in conjunction with dealers increasing prices on top of the sticker, called “market adjustments”. The same truck I bought in 2017 with little change “not a GM” was 68k it’s now 92k and is missing some of the options mine has. They can pound sand as far as I’m concerned.
@phillhuddleston9445
@phillhuddleston9445 Жыл бұрын
And that's house money or not far from it in much of the US.
@RossMalagarie
@RossMalagarie Жыл бұрын
So GM and all manufacturers increase their prices and sales begin to slow down? Make the price high and less people are able to buy? Maybe reduce the truck prices so more can afford to buy vehicles?
@kenik2023
@kenik2023 Жыл бұрын
Oh no we can't go around lowering prices all willy nilly... See we will always have money. You....won't.😶
@wolfgangpreier9160
@wolfgangpreier9160 Жыл бұрын
@@kenik2023 Right, only this lowly upstart Tesla can lower their prices for their rust buckets.
@user-us8yc2km4e
@user-us8yc2km4e Жыл бұрын
You mean to do like Toyota does for 50 years?) Noooo 😂😂😂😂
@BruceLee-xn3nn
@BruceLee-xn3nn Жыл бұрын
Individuals are doing same 💩 .They still want big money for their wornout high milage used vehicle.
@bobdobalina8910
@bobdobalina8910 Жыл бұрын
This is exactly what happens that is precipated by and a cause of an Economic Slow Down. Sluggish sales, brings discounts, but ultimately production gets reduced, which drives up prices, to maintain and increase PROFITS, but as the prices rise, the decline ins sales inversely goes hand in hand with it, which then causes production to decrease and prices to rise to make up for that "Missing" Profit, only to see Demand decrease exponentially. This is a Doom Cycle.
@bobstienke178
@bobstienke178 Жыл бұрын
We live near the Ft. Wayne, IN pickup assembly facility and there are literally thousands of trucks stored in fenced in parking areas west of the facility.
@Saint69X2
@Saint69X2 Жыл бұрын
I remember a time when cars didn’t need computer chips! They ran great and lasted for years!!! Maybe these manufacturers should think about making cars & trucks that don’t need a frickin’ app to start the engine and make them more AFFORDABLE!!!!
@eutimiochavez415
@eutimiochavez415 Жыл бұрын
I agree with u they don’t need the dam computers,I still have my 1960 Chevy Apache c10 and it run great !!
@Saint69X2
@Saint69X2 Жыл бұрын
@@eutimiochavez415 Hold on to it brother!👍
@ACF6180T
@ACF6180T Жыл бұрын
Let us not forget the govt. regulations, & all the consumers who wanted this tech. Oh & don't forget the greedy UAW ! Just go back to the 80's & see what happened to all the British automobile manufactures .
@kindredspiritzz66
@kindredspiritzz66 Жыл бұрын
Yeah and $300 smart keys just to unlock em
@Davido50
@Davido50 Жыл бұрын
That was pre- 80s man!
@towboatjeff
@towboatjeff Жыл бұрын
I was really wanting to buy a new Silverado in the next year. But the crazy prices and no rebates along with high interest rates I don't see that happening. I'm looking at low milage mid 90's pickups now to purchase instead.
@Tusuperbis
@Tusuperbis Жыл бұрын
Same here. My 2020 camaro is now paid off and was looking to buy a new silverado 2500hd but now, im looking at used and they are ridiculous as well!
@renflo86
@renflo86 Жыл бұрын
They are trying to keep these high prices, but soon they will have no choice but to bring back discounts.
@RichieRich7339
@RichieRich7339 Жыл бұрын
They're gonna be begging to get anyone to sign pretty soon I'm sure. Bet someone with a 400 credit score will be able to walk in and negotiate a lil something lmao
@Boaty-qm2cj
@Boaty-qm2cj Жыл бұрын
No they will just wait for another government bail out.
@xxxxxxxxxx6903
@xxxxxxxxxx6903 Жыл бұрын
I literally can't wait till some 3rd world country produces a competitive, DOT approved line up of vehicles to sell in north America! GM is going to fail again, it's NOT "too big to fail", I say let that ship sink!
@dalerozendaal4902
@dalerozendaal4902 Жыл бұрын
Your dang right. Driving a older vehicle. And I am glad of it! My acreage is awhole lot better. Than buying a truck for more. What it cost me to buy my home. Screw them. Or FIRE the stupid CEO.
@K03sport
@K03sport Жыл бұрын
I saw discounts on Silverado over the weeked (end of march) ...small $2k off or low-high interest rate, but still a "discount" (from dealer stock of course)...
@blaircrocker9845
@blaircrocker9845 Жыл бұрын
How about making a regular cab base model truck that people can afford without all the electronic gadgets that are not needed.
@irchrisb
@irchrisb Жыл бұрын
Prices will come down when people stop paying them. I can fix, or rebuild, my 2003 Silverado several times and I still won't get close to $90,000.
@ripperwrestling6587
@ripperwrestling6587 Жыл бұрын
TRUTH!
@williamstewart6534
@williamstewart6534 Жыл бұрын
People like Mary Barra who get a free car of their choice every 3,000 miles and are paid over $20,000,000 have lost touch with the average middle class consumer. It’s time to cut prices significantly. As middle class retirees, there is no way we can afford vehicles $70,000 and up. GET REAL!
@olikat8
@olikat8 Жыл бұрын
Mary T. Barra-" We're going to be the most inclusive, diverse employer..." Yeah, that pretty much told me all I needed to know about Generous Maintenance's direction.
@spacecoastz4026
@spacecoastz4026 Жыл бұрын
No way should a woman be a CEO of a major corporation. There...I said it.
@spacecoastz4026
@spacecoastz4026 Жыл бұрын
@KR Just watch the results....
@turbo8454
@turbo8454 Жыл бұрын
She is nothing more than an affirmative action CEO.
@Tulitustitus
@Tulitustitus Жыл бұрын
She’s trying to run GM like a kitchen
@GIGABACHI
@GIGABACHI Жыл бұрын
Get WOKE, GO BROKE !
@devastatn
@devastatn Жыл бұрын
The problem with the last 18 months is when dealers starting adding 20-50 thousand dollars to their existing truck prices now that things are easeing (chip shortage) the current buyers will be mega thousands upside down for resale and trade-in values.
@charleslindsay3201
@charleslindsay3201 Жыл бұрын
the price of cars and trucks has exceeded the average person's ability tp pay for them ,even with payments out to 6 years
@stevebates5973
@stevebates5973 Жыл бұрын
yeah, but who want to pay for pile of crap that'll last 4 years with six years of payments...
@charleslindsay3201
@charleslindsay3201 Жыл бұрын
@@stevebates5973 exactly
@remiphillips
@remiphillips Жыл бұрын
My local dealership always used to have rows and rows of gorgeous new trucks. Nowadays, there's maybe one, two trucks on the lot, with prices three to four times worse then they used to be. Its absolutely all about greed for them and it needs to stop
@sunbeam8866
@sunbeam8866 Жыл бұрын
It will - once their offices and factories are padlocked, and taken over by squatters and looters!
@200130769
@200130769 Жыл бұрын
If 8 to 10 year loans are common then warranties need to exceed the life of the loan. Otherwise it now becomes a risk to buy a vehicle.
@slowery43
@slowery43 Жыл бұрын
you're showing your compete lack of knowledge as to how the auto industry works and how long people hold onto their cars
@gobbletegook
@gobbletegook Жыл бұрын
They need to start back on the production of mid-sized pickups, like the Colorado and Canyon. They completely stopped making them for a while, in order to use the chips on the highest priced full sized trucks. They are way WAY to big/oversized for most people now.
@quailhunter9343
@quailhunter9343 Жыл бұрын
RIP GM I have always been a loyal GM owner and went to my local Chevy dealership and they are asking 50,000.00 dollars for a little Trailer Blazer that’s simply insulting and insane I can and am buying a Mazda CX-50 with more features for 34.000
@quailhunter9343
@quailhunter9343 Жыл бұрын
I did purchase the CX5 it is awesome and the out the door price was $28,531.19 and that included a 10 year 200,000 power train warranty. It’s so nice to see a manufacturer actually stand behind their product. Unlike GM never again GM you lost me forever but the dealer said you wouldn’t miss my money so I gave it to Mazda
@ronschultz2546
@ronschultz2546 Жыл бұрын
My truck is 23 years old, 658,000 miles.... cheaper to fix than to buy the overpriced junk they are selling now. And for those who wondering what truck I own... 2000 F150XLT super cab, 4.2 V6 w/manual transmission. Engine is factory untouched original, transmission rebuilt at 367,000 and 2 rear ends, 2 clutches, 2 clutch masters and 6 slave cylinders.
@colimamx210
@colimamx210 Жыл бұрын
Real reason, because the entire monetary system is about to go tuts up fail!!!! No one will be able to purchase anything , especially these trucks that no one will be able to buy
@justinhubbs5716
@justinhubbs5716 Жыл бұрын
How do you know rhis
@colimamx210
@colimamx210 Жыл бұрын
@@justinhubbs5716 do you not see what’s before us? Watch a video or investigate “Fed Now”, all banks will fail soon, but it’s all by design to make force everyone into this one monetary system that soon will go complete crypto..
@200130769
@200130769 Жыл бұрын
​@@justinhubbs5716 it's common sense. How many trillions in debt can you go before your money becomes worthless? Look at the major banks failing. Look at skyrocketing prices everywhere.
@richardbutton1179
@richardbutton1179 Жыл бұрын
Thats the reason why my wife wants to try and squeeze another year out of our 2011 Traverse with 165k miles. Tried talking her into trading it on on something newer but she's been hearing all this bad news about what's about to happen and she's afraid to pull the trigger on doing it. I dont blame her.
@colimamx210
@colimamx210 Жыл бұрын
@@richardbutton1179 listen to wives on some things and this is a good one to listen to.. look at reviews on any car you buy..
@Bcharns
@Bcharns Жыл бұрын
The average buyer will not purchase new vehicles at these interest rates, and these interest rates will not go down until this current administration is GONE!
@billpetersen298
@billpetersen298 Жыл бұрын
The new habit, of buying consumables on credit. Has steered us way off course. The correction will be painful.
@Bill-sp8kb
@Bill-sp8kb Жыл бұрын
Agreed. There's too much money 💰 tied up in depreciating assets.
@shawnhemingway6942
@shawnhemingway6942 Жыл бұрын
Historically it’s not the worst.
@jn904
@jn904 Жыл бұрын
True.
@philmccabe9547
@philmccabe9547 Жыл бұрын
Higher prices and higher interest rates make it tough to buy for sure.... Everything has gone up a lot, I bought my small tractor with a bucket and backhoe for about 22,000 7 years ago, that same exact set up is over 34,000 now... I bought a 6x12 trailer for 1700.00 about 8 years ago, that same exact trailer is now 3500.00, so costs are up on just about anything with wheels.
@thomasdissell9990
@thomasdissell9990 Жыл бұрын
All dealerships are shady,,. people suck.
@viking6535
@viking6535 Жыл бұрын
I call Bs. I work for a automotive company and we are working 7 days a week to support Dmax. We are tired, and wore out. We have to use vacation time to get a day off, money isn't everything.
@outlawet3fan483
@outlawet3fan483 Жыл бұрын
Until they start being realistic with their truck prices I hope the tires dry rot setting on the dealer lots, that will teach the greedy manufacturers
@brianhuffman3202
@brianhuffman3202 Жыл бұрын
And the WORST thing is how much is made in MEXICO !!!!!!!!!!! 25 years ago the UAW was blamed for the greed, if you are a thinking person you now KNOW where the greed always was. years ago $20 hr. for union work, TODAY mexican labor is $ 3 an hour but still 70 K sticker prices !!!!!!!
@ripperwrestling6587
@ripperwrestling6587 Жыл бұрын
It takes a lot of money to put all the crap in cars people are buying, we need to push back and demand simpliar vehicles!!!!! If you want al the bells and whistles you need to pay for it. The greed comes from car companies lobbying to mandate all these features to standardize manufacturing. WE DO NOT NEED IT!!!!
@ripperwrestling6587
@ripperwrestling6587 Жыл бұрын
@@brianhuffman3202 GREED is on both sides, I am pro union but union is its own enemy. We need union reform and go after what the real problem is!
@caseysmith544
@caseysmith544 Жыл бұрын
@@ripperwrestling6587 or other features thy are cramming into cars as a non option forcing people to buy them as standard. Only massive business and government like state can get the basic version, not even big local or regional business can.
@rayadams5076
@rayadams5076 Жыл бұрын
I'd love to buy a new Silverado but can't come near to afford it.
@jasonthamos69
@jasonthamos69 Жыл бұрын
GM has priced them selves out of the market
@tumbleweedking5668
@tumbleweedking5668 Жыл бұрын
Ram is worse but not by much.
@user-zn7lz8tv8s
@user-zn7lz8tv8s Жыл бұрын
And people are starting to realize how ridiculous it is to spend $75,000 on a vehicle.
@JamesRook
@JamesRook Жыл бұрын
When a vehicle's monthly payment is almost as much as a home mortgage payment, there's a serious pricing problem. People still want and need new vehicles, but that's not the issue. They simply cannot afford them. For most working people a $300 or $350 a month payment is about tops and payments of $1000 or more are impossible, even if you could secure a loan. When you add in the fact that the factories went ahead and raised the MSRP so dealers could still get their "market adjustment" grift, you have failure written all over the auto market.
@Sparky-ww5re
@Sparky-ww5re Жыл бұрын
Got that right. Heck many folks have mortgages $1,000/mo or a little less than that. My coworker pays $825/mo for his mortgage 3 bed 2.5 bath house, the same as my current rent for my studio apartment 🤬😡 although he brought his house in late 2015.
@Slick1G3
@Slick1G3 10 ай бұрын
kzbin.info/www/bejne/jJa0hXRqicimjq8
@jasondaniel918
@jasondaniel918 Жыл бұрын
Increased prices, increased loan rates, increased inflation, static wages and the automotive industry cannot figure out why there are not enough buyers. The expression "can't see the forest for the trees" comes to mind.
@JC.LC.
@JC.LC. Жыл бұрын
Auto manufacturers are as naive as house builders. Don't they realize that most people out there are not rich. Most people can't pay $1000 month for a truck and on top of that $3000 for a mortgage.
@adamprater6216
@adamprater6216 Жыл бұрын
They realize that. They just don't care!
@Davido50
@Davido50 Жыл бұрын
Parts SUPPLY CONSTRAINTS folks. I work in the automotive industry. Every brand is having issues getting necessary parts.
@antonk1893
@antonk1893 Жыл бұрын
JUNK. Too much money , GM & UAW doing themselves in.
@danielfair4675
@danielfair4675 Жыл бұрын
You do know that Ram & Ford now have the most manufacturer issues/recalls than any other truck brand.
@turbo8454
@turbo8454 Жыл бұрын
It's also government regulations driving vehicle prices well past inflation rates.
@wythetrumpet6419
@wythetrumpet6419 Жыл бұрын
This is not rocket science! It has gotten to the point the average American Worker cannot afford the average American Vehicle! I have watched car and truck prices balloon for over 40 years and predicted this day would come!
@thegonz7833
@thegonz7833 Жыл бұрын
Trucks could be found for 12-14k off just a couple years ago,that will happen again with maybe even more discounts. Everyone stop buying new trucks for awhile,we want the manufactures to sweat.They do not care about you.
@marcbercot2728
@marcbercot2728 Жыл бұрын
I work at a small Chevrolet dealership in close proximity to the Fort Wayne plant. My total new inventory of new cars, trucks and SUV's is a whopping 14 and that number includes vehicles that are currently being transportated to the dealership. Only 3 of the 14 vehicles that are sitting on my lot are New Silverados. Meanwhile as I drive past the plant I can litterally see thousands of trucks parked outside the plant. I am told that GM has secured parking on the other side of Fort Wayne where tens's of thousands of additional trucks are being stored. While the higher interest rates are affecting sales, so is the lack of inventory. And the low dealer inventory of new vehicles has increased the demand, and cost of pre-owned vehicles. I'm not stating any of this to solicit "pity the poor dealer" comments... these actions are hurting the consumer.
@cliffcostello
@cliffcostello Жыл бұрын
After issues waiting for a 2022 GMC Sierra pickup with Max Towing for over 6 months, and then not getting what I had ordered, I switched an placed an order with Chevrolet for a 2023 Silverado High Country, only to find there was a constraint on Max Towing again, so I cancelled that order. There were no discounts or incentives offered by GM, and then interest rates started climbing. And I was talking prices well exceeding $70k for a truck. I decided NEW was no longer something I wanted to consider, and was done with GM ... went and found a beautiful 2019 Ford F150, with Max Trailering, and 3.5L Ecoboost ... with 27k miles on it, and for $25k less than the new GM. Paid cash for it, and now have a truck I'm pleased with, without breaking the bank. Several GM dealers were telling me they would slap a $5K markup on their trucks .... and told them to pound sand! Manufacturers and dealers got greedy ... so they lost my business for new.
@JuanGonzalez-th6iu
@JuanGonzalez-th6iu Жыл бұрын
I am a Ram fan. Went to dealership to buy a pickup truck and my wife and I couldn’t believe it. The trucks were more expensive than our first house. My wife has bought me a ram truck for Father’s Day in 2002 and she paid 17k for a ram 1500 with the 360 engine. That was a great truck. Miss those days.
@racqwell8916
@racqwell8916 Жыл бұрын
This video sounds like a PR firm making excuses for the greedy manufacturers and dealers. Over the past 12 years I've bought three new GM trucks. The prices now are just crazy high. I will keep my old one
@budbone1955
@budbone1955 Жыл бұрын
I was in management at a GM dealer for 45 years. I've seen GM going down year after year. Not listening to customers and dealerships is going to cripple if not shutdown their company .
@matthewfort3740
@matthewfort3740 Жыл бұрын
Greed!! From the oem. Greed from the dealership. And recall after recall.
@carlstrohm3785
@carlstrohm3785 Жыл бұрын
We the people...Show them we have the power, don't buy a new vehicle. The power of supply and demand will force prices down if nobody buys a new one. It may hurt individuals a little, but we can cripple any company we choose to boycott.
@K03sport
@K03sport Жыл бұрын
...or, go in and make a reasonable offer (if MSRP is the reasonable offer, so be it). if the dealer balks, leave your contact info and let them call you. don't act anxious, don't act excited. be reasonable, be firm, and stay in control of the transaction. don't sign anything until ALL TERMS are agreed upon. Also, you can have outside financing set up if it gets you a lower rate.
@ronny028
@ronny028 Жыл бұрын
Carl you said it right the first time! BOYCOTT!!!!!!! There is no negotiating with greed! More people need to learn that word , it will solve a lot of issues with America!
@joncavallo4391
@joncavallo4391 Жыл бұрын
It's about profit margin! And dealership markups from manufacturer's MSRP! It's called "Greed"
@idaho_7407
@idaho_7407 Жыл бұрын
The big three are producing complicated, expensive, crap. We’re not buying!
@thomaswayneward
@thomaswayneward Жыл бұрын
When I was young in the 50s, buying a car or truck was no big deal, I could easily pay for the vehicle. Gasoline was something I never thought of, it was cheap. When in college I could go to places where people threw away their glass coke bottles and quickly gather enough to get a refund for enough fuel to travel half way across the state of Texas. Government taxes and spending are the real cause of our problems today.
@brianbaca8343
@brianbaca8343 Жыл бұрын
Demand isn't down, the price of vehicles is just too high! High prices and high interest rates is the problem, not the demand or want of those vehicles. I would love to have a new truck but not for the price of a small house!
@philipwatzke5198
@philipwatzke5198 Жыл бұрын
Wasnt so long ago they were bailed out by taxpayers, price gouging and moving factories to other countries is how they show appreciation
@rolltide5586
@rolltide5586 Жыл бұрын
BOYCOTT any manufacturer that trys to artificially inflate prices. That is the only mechanism we as consumers have to fight back against such greed. Hopefully the folks that had money burning a hole in their pockets will already have been taken advantage of and will not go back for seconds until the prices adjust back to normal profit margins. (instead of the record high profit margins they have enjoyed at our expense for the last few years)
@TOURMANBOB
@TOURMANBOB Жыл бұрын
The industry can come up with all sorts of excuses for the problems they are having but the real reason why trucks are not selling is the outrageous prices they are asking. Most normal people have a perceived range of pricing that they feel is fair for vehicles and it definately does NOT go much over $50,000 dollars, and for most of us it likely doesn't exceed $30,000. Plus add all the greed based markups over MSRP and people feel these companies are simply gouging them for their products (which they are). So you now have what is happening...consumer backlash. So be it.....you created it GM and Ford....now live with it !!
@lazyasshoodrat4888
@lazyasshoodrat4888 Жыл бұрын
Auto companies have to be evaluated like a bank that just happens to manufacture vehicles. It’s time to invest in companies that make replacement car parts
@shawnhemingway6942
@shawnhemingway6942 Жыл бұрын
Auto Zone stock has been killing it
@jaypatersonrepresenter4632
@jaypatersonrepresenter4632 Жыл бұрын
I remember talking to a salesman at Chevy in 2021...he was talking like a big shot, "hurry up and buy, we are not coming down off the price, we can't keep these trucks on the lot". My response was yah cause you get three trucks a month...what are going to do when you have 20 trucks on lot and have to sale them. Fast forward to 2023 I past that Dealer now and I see about 30 trucks on the lot...they can't sale them.
@jbgjohnnymatrix338
@jbgjohnnymatrix338 Жыл бұрын
I hope they all go broke!
@gdt5430
@gdt5430 Жыл бұрын
Me too but Brandon would bail them all out.
@dufus2273
@dufus2273 Жыл бұрын
All the municipalities are still buying like crazy with OUR money while we still drive our old trucks. This is WRONG. Just raise the taxes again.
@timothyorendorff7642
@timothyorendorff7642 Жыл бұрын
No intention of selling their pickups at a discount, hmmm, then they can stockpile the most profitable product. MB seems like she was installed to ruin GM and is very good at it.
@HalfAssHomestead
@HalfAssHomestead Жыл бұрын
MB for GM is just like JB for US.
@johnm3489
@johnm3489 Жыл бұрын
It’s a shame they idled the Indiana plant rather than the Mexican plant.
@desertviews
@desertviews Жыл бұрын
Totally agree with everyone below. As interest rates went down that should have helped buyers save on truck payments. Instead, greedy dealers just kept raising prices. Took the savings in interest rates away from buyers and kept the profit for themselves. Production lines work best when everything runs smoothly. All this stopping and starting means big trouble for the auto makers and all their supply chains.
@rogeratienza1951
@rogeratienza1951 Жыл бұрын
GM is tired of paying for warranty work in their POS trucks!!!
@jrtstrategicapital560
@jrtstrategicapital560 Жыл бұрын
We should be able to order direct w GM… from basic trucks without all the expensive trim, especially for a lot of us who need them for our construction projects…to luxury trim packages for all the others… forget the dealers! It would be nice to order online and then pick up our trucks at a distribution center or have delivered.
@orbitalair2103
@orbitalair2103 Жыл бұрын
before you wish for a worse situation (yes they can make it much worse than you think), talk to people who ordered Broncos 3 years ago and had to wait 2 years to get one, then get screwed around because ford figured out that if they could weasel a rare car out from under order they could mark it up another $20,000 for a dealer. my coworker could have driven 4hrs to pick her bronco up, but instead had to wait another 2 weeks while ford put it on rail. really, rail. for delivery.
@dand3975
@dand3975 Жыл бұрын
Jrt I agree with your comments. One point I will make ....with out dealers where does factory warantee repairs get made? The dealers seem to be a necessary evil.
@bforce3824
@bforce3824 Жыл бұрын
Bought a 2000 Silverado for 5k...high mileage but still runs well, good paint and body, good interior. Parts are cheap and plentiful. No way in hell will I ever pay upward of 80k for one of these trucks, even if I had the cash burning a hole in my pocket. They've lost their minds.
@larrynorsworthy8582
@larrynorsworthy8582 Жыл бұрын
Thanks joe
@jasonmills6330
@jasonmills6330 Жыл бұрын
That's what happens when these companies get greedy.
@sticksandstones1885
@sticksandstones1885 Жыл бұрын
China is selling their brand new vehicles for half price because people in China cannot afford them. The new trucks in the United states are $30,000 overpriced. So they're going to have to start making trucks with less fancier options.
@David.D3
@David.D3 Жыл бұрын
I wish they did. All i need is the mandated backup camera. I want a mostly non optioned and non accessorized truck. Only option I need is 4x4
@sticksandstones1885
@sticksandstones1885 Жыл бұрын
@@David.D3 what I'm trying to say is they don't need to be putting in these motors with all these turbo charges and fuel management systems they can put in a straight-eight or just a regular straight 6 cylinder without without all that technology and the truck will work beautifully and in fact they'll probably break down a lot less and be more cost-efficient. And quite frankly they'll probably get better gas mileage because those turbos do not give good gas mileage on a
@David.D3
@David.D3 Жыл бұрын
@@sticksandstones1885 I agree with you. Unfortunately my millenial generation and younger generations now don't keep their vehicles long, so they don't care about longevity. They just care if their vehicle connects to their phone and think the vehicle is an electronic.
@lalutte65
@lalutte65 Жыл бұрын
Henry fords manufacturing/marketing concept worked for decades-the pandemic blip gave consumers billion of dollars of phony money and vehicle manufacturers jumped on the opportunity to ramp up their prices and profits, failing to realized its over, people are having to decide between food, gas, rent not $1000/month payments for vehicles that depreciate faster than they can write their monthly payment checks
@c.c.hiliner1065
@c.c.hiliner1065 Жыл бұрын
Most of that electrinic gadget crap has no business in a pick up truck. They will break.
@bobdobalina8910
@bobdobalina8910 Жыл бұрын
Gotta keep those PROFITS ROLLING IN. Cut back on Production, Creates Artificial Demand, which in turn keeps the Used vehicle Markets HIGH. All these Companies Always have an Excuse as to why their Prices keep going up and up and up. Consumer Demand, Supply Chain Issues. Chip Shortage, INFLATION. Don't see the prices come back down though when things slow down do ya? GREED! It's the American Way.
@gregchamberlain3276
@gregchamberlain3276 Жыл бұрын
Why would anyone pay over the listed price weather it be for Auto's or Houses. People need to wake up. I've never paid more for anything don't need it that bad.
@rhonda837
@rhonda837 Жыл бұрын
Bloody Mary is killing this company!
@patrickholt4140
@patrickholt4140 Жыл бұрын
Because gm trucks are crap now
@mikemullay5622
@mikemullay5622 Жыл бұрын
As long as the major car companies believe they can sell a pickup truck for what my first house cost I won't be buying any new cars or trucks, period. Full stop!
@unclefester4626
@unclefester4626 Жыл бұрын
More likely they'll be out of business soon....
@z50com
@z50com Жыл бұрын
High interest rates make it impossible to buy a new truck. I can remember a time when the manufacturers offered 0%
@csinalabama
@csinalabama Жыл бұрын
Too many of the trucks pushed out are high trim levels with many, many options. They need to prepare for more demand of base model trucks.
@guzmancharles7
@guzmancharles7 Жыл бұрын
Like some of these ridiculous extra charges - Alloy Cosmetic Wheel Protection $599.00, 3yr., Paintless dent repair $795.00, décor package $895.00, enviro seal $610.00 and my favorite nitro filled tires $595.00. Will you want to pay for these overpriced vehicles? If they can’t build a good gas vehicles you think they going to build a good EV vehicle? We not going to pay a house payment on these garbage vehicles. They putting More plastic, rubber to save money and they are raising the prices, make no sense.
@frankpoperowitzmusic
@frankpoperowitzmusic Жыл бұрын
I was getting my 4Runner serviced the other day. They had a TRDPRO 4Runner for $71K. Half ton pickups for $80-90K. GTFOH!!!! Gonna price themselves right into bankruptcy.
@danielfair4675
@danielfair4675 Жыл бұрын
Honestly, that's right on schedule with the times. I ordered and still have a 1998 Toyota 4 Runner Limited, it stickered right at $39,000 back in '98. That $39k in 1998 with inflation is now $71,700 in 2023.
@matthewcaughey8898
@matthewcaughey8898 Жыл бұрын
It’s cause they know schmucks will come along and buy it.
@aaaqqwwqqddsw5509
@aaaqqwwqqddsw5509 Жыл бұрын
Car companies are not really worried. They knew that when shit hits the fan, Uncle Sam is always there for bailout.
@jamesrecknor6752
@jamesrecknor6752 Жыл бұрын
With our confiscated earnings
@brandonsheffield9873
@brandonsheffield9873 Жыл бұрын
Since retiring from the military, I can no longer afford a $500 per month Ford Ranger payment. I'm in the process of looking for work. Since July 2021, I've been overpaying by $25.00, which is roughly 2 months' worth of payment. The actual bill is almost $480/ month. My wife's SUV has only $5k left until paid off. So yeah, there's no new vehicle for another few years. Even though my truck has over $5k equity and my wife's SUV has just under $15k equity.
@brians.1357
@brians.1357 Жыл бұрын
Used to be on a domestic half ton $10k off the MSRP with discounts so that put you close to $40k for LT or XLT or Big Horn. Now the MSRP is inflated to high $50’s and minimal discounts. At least $15k over priced according to my math. Don’t play their game be patient, drive your current rig for another year or two if you can. Put that cash into a high interest savings for now. Prices will only come down if consumers vote with their wallets
@richardbutton1179
@richardbutton1179 Жыл бұрын
Can you even touch a half ton for less than $50k?
@brians.1357
@brians.1357 Жыл бұрын
@@richardbutton1179 Good question. I think so after discounts but MSRP wise I doubt it as far as crew cabs with 4WD go. I think even a Chevy Custom trim crew cab 4x4 is over $50k MSRP??
@anderander5662
@anderander5662 Жыл бұрын
Bought a Ram Limited in 2019 for $48,000 ....sticker 62,000.
@brians.1357
@brians.1357 Жыл бұрын
@@anderander5662 That sound very reasonable for a higher trim, those days will return eventually 🤞😎
@K03sport
@K03sport Жыл бұрын
@@anderander5662... that was 2019. before the "mess" and inflated concern. I agree caution/action was necessary, but not to the level it reached. Anyway, I too bought a 2019 Subaru in 2019 and saved $6k off msrp (~20%). Can't touch 20% today. everything is at MSRP....
@johnandersonjjr
@johnandersonjjr Жыл бұрын
Note to auto makers.the vast majority of North Americans do not want Electric vehicles .They also don’t want to over pay for any vehicle that for some reason may eat a camshaft (never heard of such a thing 10 years ago)
@arthurhackman3229
@arthurhackman3229 Жыл бұрын
Who the hell wants a huge expensive truck in the last 10 years trucks have gotten larger and far more expensive than most consumers want this is exactly why the Japenese co,s prospered in the 70's the American mfg's are once again out of touch!
@harbertmoore2663
@harbertmoore2663 Жыл бұрын
Customers keep holding out! Sooner or later they will drop those prices to reasonable levels!
@mxr572
@mxr572 Жыл бұрын
very hi prices for vehicles will be a longer term problem for Big 3 because of stagnant wages, hi interest charges and a recession coming soon.
@JR-mc1rn
@JR-mc1rn Жыл бұрын
Our family has three vehicles each over 10 years old in the DC area, our car insurance premium has jumped from 1200 to 2000 semi-annually (no accidents or tickets), property taxes are skyrocketing, food, and other living expenses. That does not leave much for a new car..
@toddprater14
@toddprater14 Жыл бұрын
Wow dude change car ins companies..I live In Michigan-one of the highest states to insure a vehicle ..I have full coverage on a 2010 Sierra Denali I’m the only one on the plan and I pay 1014 a year it went up like 32$ used to be 982 a year..that seems really high..and for only 6 months..
@Aggieland79
@Aggieland79 Жыл бұрын
Screw these greedy manufactures! I refuse to pay their inflated prices and will hang on to my 2018 until the market corrects itself.
@MartinOrtiz23
@MartinOrtiz23 Жыл бұрын
I own a 2017 Chevy Silverado 5.3 V8. I thought about getting an upgrade to a newer model but once I saw the prices and saw that I will be paying $1000 more a month for basically the same truck I decided not to do it, especially during a moment when our economy is very fragile.
@oldgolfer9332
@oldgolfer9332 Жыл бұрын
I you look at the website of most new car dealers there is a paragraph at the bottom that states they are adding up to $8,000 to the price because they can call it a dealer adjustment due to market conditions.
@200130769
@200130769 Жыл бұрын
I guess I'll just have to buy from carvana then.
@andrewcarlton9081
@andrewcarlton9081 Жыл бұрын
@@200130769 Make sure whatever you buy from Carvana isn't stolen 🤣
@toesuf94
@toesuf94 Жыл бұрын
Anyone who is willing to pay an overcharge 'due to market conditions' needs to have their heads examined...most likely the examination will need to be done rectally.
@200130769
@200130769 Жыл бұрын
@@andrewcarlton9081 how's it going to be stolen when it comes with all the dealership paperwork and a title? 🤡
@andrewcarlton9081
@andrewcarlton9081 Жыл бұрын
@@200130769 Just Google stolen cars sold at Carvana and read the recent article about an Army Vet who unknowingly bought an $68K Maserati for his wife's birthday that was reported stolen from Carvana.
@JohnnyAGraves
@JohnnyAGraves Жыл бұрын
The reason automobiles are so expensive is to pay the retired union guys and the current union workers
@streetking1334
@streetking1334 Жыл бұрын
This is going to make truck prices go higher smfh. Dealerships are going to try and mark them up even more 🤬
@texan176
@texan176 Жыл бұрын
It was a mistake to give General Motors public funding after the 2008 crash. Not only have we privatized the profits and socialized the losses/risk but GM has said thanks by closing American factories and now chocking supply.
@ScandalCuracao
@ScandalCuracao Жыл бұрын
Toyota is doing it better. This is the Way.
@Phaedrus-th7bi
@Phaedrus-th7bi Жыл бұрын
I paid somewhere around $42K for my Silverado, 5.5 years ago, and it was by far the most expensive vehicle purchase I had ever made. Now they are wanting people to shell out $50K minimum? I have only 79K miles on it and have replaced the starter twice, and just now the transmission. The paint is also starting to flake. I like the truck, but not at these prices and with all these problems.
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