One Of The World's Largest Automobile Company's Crashes to 68-Yr low

[@electricviking]

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[@monkey-life]

Bedankt

[@Ghosy01]

stellantis was a frankenstein of a company trying to make reliable french cars ( garbage), Italian cars ( garbage), and American cars ( garbage). it was doomed to fail

[@blipco5]

Stellantis is compromised of the worst car companies in the world. They are unreliable, overpriced pieces of crap. All of them.

[@you2be839]

Frankenstein?! That's interesting, because I always associated Stellantis with a mummified zombie... I mean, just look at all that moribund dead weight it's carrying around with an overwhelming number of car brands that are way past their livelier years!...

[@harisoepangkat6085]

​@@you2be839 The only way is to sell off to China and let the Chinese run the company.

[@patriziacasagrande3833]

those countries have made most the innovations in the auto industry. especially the French. Fiat is consider ford in Europe because they make economic cars with a tough motor. .

[@bobdebouwer7835]

The cars are ok. China is just cheap and now electric

[@donkeykong516]

Was at Dodge dealership last week for repairs saw their cars average around $100k with average 15 MPG. Needless to say I didn’t see any customers in their show room. Talking about disconnect economically & environmentally, a one-two punch knock out

[@bcluett1697]

Yep, friends of ours that had Rams experienced horrible rust issues within first two years of ownership one model back. That killed a lot of interest in coastal cities in Canada at least. Not sure about inland but most of Canada deploys salt on the roads for safety in winter and having a vehicle that's not rust resistant is not a fixable issue really. Prices for Jeeps have soared as well right when people were showing interest. Stellantis talkin about discounts being the problem well it didn't help the other brands! Maserati has the same problem with quality. The other auto makers at least try hard to keep up with the competition but those bean counters couldn't let go!

[@SunshineShane]

Stellantis: lower quality, raise prices, raise prices, raise prices.

[@enzoh7763]

Sound perfectly that company policy , ever since . This recently fired guy , He is the best , Finally , No more big 3 , Just big 2 . He put the last nail on the coffin . Just took him 5 yrs , While the company was feebling for a long long time .

[@MecTecher]

Ah the Volkswagen Group strategy!

[@CZRkg]

RIP Jeep 😢

[@costiqueR]

As an owner of a Peugeot 3008... I would never buy another Peugeot... Component qualities are very low and are broken in time with no wear...

[@hermesliteratus882]

Just like Boeing.

[@jimgraham6722]

The board will take their bonuses and walk

[@urimtefiki226]

They are the students of Sam Cape and Demon Baker - thieves and plunderers. Lean Focus can teach you how to be member of the board, to talk and say nothing - to live as parasite.

[@PhilipX2030]

OMG - thank you Sam for following auto industry events going exponential

[@gloucesterjet1]

Only the beginning....so said Sam Evans. All these developments are really mind blogging.

[@alexishart1989]

Yep, gotta watch out for those mind blogs.

[@ginod2279]

​@@alexishart1989😅

[@memor-u2e]

The competition is getting tough. here is an fyi In an interview in the 2006 documentary Who Killed the Electric Car?, Ovshinsky stated that in the early 1990s, the auto industry created the US Auto Battery Consortium (USABC) to stifle the development of electric vehicle technology by preventing the dissemination of knowledge about Ovshinky's battery-related patents to the public through the California Air Resources Board According to Ovshinsky, the auto industry falsely suggested that NiMH technology was not yet ready for widespread use in road cars.[13] Members of the USABC, including General Motors, Ford, and Chrysler, threatened to take legal action against Ovshinsky if he continued to promote NiMH's potential for use in BEVs, and if he continued to lend test batteries to Solectria, a start-up electric vehicle maker that was not part of the USABC

[@larryc1616]

The evil Fossil fuel industry of course

[@warheadsnation]

Solectria was way ahead of its time. The Sunrise was amazing.

[@harisoepangkat6085]

Why didn't you mention that 20 years ago when Chinese government offered car price subsidy to all major car manufacturers such as Toyota, GM, VW, Mercedes, BMW, etc. They all turned down claiming that no money could be made in EVs. A tiny mobil phone battery manufacturer BYD decided to jump in. Toyota pulled out of Tesla after two years which Toyota invested as a startup venture. Chinese government invested in billions for the charging infrastructure. Now the skies of Chinese cities are blue. 20 years! will any elected western leaders can do that? They get thrown out every 4 or 5 years.

[@NilsFrederking]

Thank you very much for sharing!

[@macioluko9484]

Sounds just about right. Anything to keep ICE on top.

[@Ataratahot]

Sam, just want to let you know that , BYD is about to release a new Han L model with 580kw electric motor. That means their dual motor models could have 1100 plus kwatts driving power.

[@larryc1616]

Sweet!

[@NoName-md5zb]

Nobody needs that

[@b1cycleman]

Dude.. how much range that shit EV will manage to make? I have diesel A6 station wagon and every summer I tow a big caravan and have great holiday.. If I need "range" extender, one 20L canister is good for up to 350km and can fit it anywhere.. "Charging" is about 6-7min for 0-100% and I have only about 1.5L more consumption towing 1400kg for many kilometers.. What is the point of 1000hp if the car can go about 250km in a single charge?!?! And when is cold or tow something the range to go 1/2 to 2/3 of the normal .. As for the "fun" the only one thing is - hey, see how can accelerate.. That`s all.. Here is a small example of pure fun - buy some old and very cheap BMW , MERC or any rear driven car . Then remove all the inners except the driver seat. Make a small track in the snow or on the field. Take some old tires to have(just in case) two canisters of petrol and you and the friends will have happy whole day going sideways... Any chance to do that in EV!?!? No!? ...Whaaaat?

[@byddf]

No. The front motor is much less powerful than the rear motor.

[@ginod2279]

​@@b1cycleman😂😂😂😂😂😂😂

[@ISuperTed]

You changed the whole story, Carlos. You did, Carlos. You electrified the entire automotive industry. I’m serious. You led, and it matters.

[@hydrotricine]

😁

[@mediamechanic403]

Hey Sam..I know is not your bag but maybe you can do a post on an overview of motorcycle industry too, especially with the collapse of KTM. And where does electrification sit with that sector?

[@joaovitorsilvagohl682]

A bit harder. They need a sit in motocicle akin to akira motocilcle or dan gurney gator. Main problem os drag

[@veerod383]

The only reason Honda merged with Nissan and Mitsubishi was due to pressure from the Japanese government. Facing the rise of Chinese EV manufacturers and a global shift in the automotive market, Japan likely pushed for the merger to consolidate resources, streamline innovation, and strengthen its domestic automakers’ position against international competition. It was also a strategic move to prevent a potential Chinese takeover or acquisition of struggling Japanese brands, safeguarding the country’s automotive industry from foreign influence.

[@warheadsnation]

It's not like Japan is a real free market country. There would have been plenty of ways to block a Chinese corporation from such a purchase. However, China would have retaliated, and that's the new factor.

[@veerod383]

@@warheadsnation You’re absolutely right-Japan isn’t a pure free-market country, especially when it comes to protecting key industries like automotive. They absolutely have tools to block foreign acquisitions, but the threat of Chinese retaliation adds a new layer of complexity. With China being one of Japan’s largest trading partners, any aggressive move to block acquisitions could lead to economic consequences, like tariffs or restrictions on Japanese exports to China. The merger could be seen as a preemptive strategy to avoid such retaliation while still ensuring their automotive industry remains competitive and resilient against external threats. It’s less about inability and more about playing the long game diplomatically.

[@ednorton47]

Mitsubishi needed to be kept in business because they can make fighter planes.

[@icls9129]

Except that saddling Honda with the debt from Nissan will likely kill Honda too. Unless they really get some new EV or hybrid products that can compete.

[@zes7215]

wr

[@gothicroses666]

From $37k to $65k that's the minimum rage of profit return every month I think it's not a bad one for me,now I have enough to pay bills and take care of my family ❤️ >

[@JordanSmith-qq4ie]

How please!? If it’s possible, I would appreciate if you show me how to go about it

[@ZahirKim]

How please!? If it’s possible, I would appreciate if you show me how to go about it>

[@gothicroses666]

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[@vinzprince]

Wow I know Iris freld. Her platform maintains a unique perspective and is very transparent with their investors. Regardless of whether or not she outperforms. I will forever stay invested!

[@HommieRich-qf6de]

Same here I have made more than 90k God bless MRS IRIS FRELD.. God bless America🇺🇸

[@UserX-w9w]

Stellantis is garbage. They played the price gouging game during the pandemic and screwed all of their buyers. Everyone is now upside down in their depreciated garbage and isn't going back to the dealer for more (like they usually would every 3-5 years). Now they have way too much new stock, and nobody who can or wants to buy.

[@TonyNewman-n9z]

I looked at the 14 brands that make up the company - most of them are overpriced trash. This company is going down the toilet for sure.

[@rossnolan7283]

Stellantis has put many millions into a start up touting 'air taxis' that was founded on theft of a competitor's hard work surreptitiously acquired by poaching it's employees who downloaded proprietary IP before jumping ship ( this was FROM. Wisk formerly Kitty Hawk, funded by Larry Paige of Google, ) Founded on theft and deceit the Stellantis 'subsiduary' in effect, known as Archer, had it's own internal ructions and ousted one co founder under acrimonious circumstances . It has blown through billions of dollars with only a piece of junk to show for it and no way to mass produce like automobiles although claiming that Stellantis can do this ,( no one can in composites...) Birds of a feather flock together so the marriage of a desperate Stellantis with a scam evtol 'air taxi' company founded by finance guys and now selling out to the cashed up sheiks of Dubai is not exactly a match made in heaven. He'll perhaps..

[@thethirdman225]

@@TonyNewman-n9z That probably includes Ferrari.

[@davidorsini]

Should’ve focused on the customer more than profits

[@flukeylukey7559]

And manufacturing efficiency would be good.

[@jackfoley2542]

Always the best practice. But with massive C Suite stock options, greedy executives have cashed in at the expense of their countrymen. And long term shareholders. It’s going to get very ugly now

[@Jasona1976]

Stellantis decoded: Fix It Again Tony

[@DwainDwight]

Ford decoded?

[@Jasona1976]

@@DwainDwight Built Tough!

[@bobsmith3983]

@@DwainDwight FIAT. Fix Or Repair Daily.

[@DayTuckErrJoobz]

@@bobsmith3983 Found On Road Dead For Old Retired Drivers Failed Obsolescence Research & Development

[@devonvankraft]

I’m living in the Netherlands and see Tesla’s driving everywhere 😅

[@giancarlopellizzari1751]

BYD and GMW have taken over the Brazilian market. The two fast growing brands in the country.

[@clavo3352]

Amazing video. The info on Nissan/Honda is an eye opener. Wonder if it is a state encouraged slow down to prevent sudden collapse.

[@dennyc9159]

Right now in Detroit, the auto show is happening (it started last Friday, 2 days ago). Wondering if I should make the drive and attend it. Not to see new cars, but since the industry is changing so much that it might not be possible to see such a display in the future.

[@larryc1616]

Go see how many ev's are offered vs ice. Then laugh at ice the dead industry

[@foxtrot762]

Waste of time

[@eugenec7130]

ICE vehicle museums will be a common sight 10 years from now.

[@foxtrot762]

@@eugenec7130 that's not something I would pay to see 😂😂😂😂

[@johnmartin7158]

@@larryc1616ICE is far from dead in the USA. And Toyota are doing extremely well with ICE and hybrids.

[@Sendu7]

Consider the root causes. CEOs should have their bonuses based over a longer time period to stop the rush for short term profits at the cost of long term investment. Hold back their bonuses for at least 10 years based on the companies long term performance, even if they have jumped ship.

[@enzoh7763]

Nobody will work for that from the beans counter profession , Or MBA's . Only passionate auto engineers .

[@macioluko9484]

So basically what Elon went for, achieved and then got robbed of by a judge.

[@boggisthecat]

Under US law they must seek the most short-term profit. Any ‘investment’ has to pay off in a quarter, or else shareholders can sue. This is what has killed the (real) US economy. (Along with Congressional bribery leading to misinvestment in government programmes - especially military related projects. The Pentagon very seldom get what they actually ask for and need, then they get the blame for Congress’ decisions.) ‘IP’ like Star Wars stuff or whatever is a precarious base to build an economy on.

[@grahamkearnon6682]

MBA graduates have brought the western auto makers to this precipice, the board rooms are stuffed with short term profit freaks looking to earn their bonuses.

[@damnhatesyou]

The only reason for these companies who exist is to give the CEOs and owners money, it doesn’t affect them if these companies collapse. They’ll just move onto something else. Meanwhile, the former employees struggle.

[@ImiChitterman]

Sam thank you I am not into this busienss but i find your content alway a daily magnet to myself. Dont know why - yet?

[@louellahodge6597]

Hey Sam, I am considering a G6 but want a bit more range than 570. You said you were going to put 18s on yours. Can you do a video on the change; what wheels and tyres and the impact

[@paulstubbs7678]

Better tyres, ones with less rolling resistance should help, however changing the diameter should be detrimental, as the car's designer should have optimised everything to suit the factory size. If they haven't, choose a different brand of car!

[@camsmith4047]

Don't stress with the range especially if you can charge at home. Does anyone ask for a phone with a 9 hour talk time?

[@jeffhack6839]

Looks like it will soon be a buy. Cheers.

[@JesseWatford-qe9sv]

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[@DavidFedy]

Celebrating a $600k stock portfolio today. Started with $60k. Invested wisely and now have time for my family and future. One of the benefits of copy trading.

[@WayneShaw-r6j]

I’m curious, do you have a professional broker who helps you with your investments? If so, I’d love to learn more about how you work with them.

[@JesseWatford-qe9sv]

Can't share much here, I take guidance from ‘Sophia E Haney’ a renowned figure in her industry with over two decades of work experience. I'd suggest you research her further on the web.

[@JesseWatford-qe9sv]

Use her name to quickly conduct an internet search.

[@JesseWatford-qe9sv]

SHE’S MOSTLY ON TELEGRAMS APPS WITH HER NAME.

[@stephenrye6474]

Stellamtis was only formed in 2021 so to say it's sales are the lowest in 68 years is somewhat misleading.

[@andersonandrighi4539]

This channel is interesting sometimes, but because he is an EV evangelist he is willing to bent statistics and narrative to make ICE cars worse.

[@MrLekatt]

Thank You 👍

[@Carlsbaddest]

Very misleading.

[@Carlsbaddest]

What the hell are you talking about? Hoping their stock crashes will not make it happen. This is a correction that Stellantis was forced to make now, it was going to happen eventually, all other car makers will follow suit. They ALL squeezed out every penny they could from idiots and now only informed shoppers are left. It's called 'business', nothing more. Stop screaming that the sky is falling because it's not!

[@pdnperformingarts]

There is nothing misleading about the statement - each brand under Stellantis has history older than the formation year. You add sales up for each brand under Stellantis and monitor sales outcomes for each year. Now I have not found the data for 68 years, but Stellantis sales are down 42% since 2015; going from 2.26 million units to 1.3 million units. And that is not good!

[@Rod-bp8ow]

The Company's market positioning is at par reconciled with the years adjustments. It can reconcile the sum of years difference and apply the consumer price as well as Warranties inclusive from its ratio/P/E.******* Non AI/Fintech standards of Excellence in Assets supplies realization, adjustments, forecasts as well as Trial balances report.*******

[@qipang9271]

There's actually an easiest way to buy out Gaohe Auto, jiyueauto, and hozonauto, which are on the verge of bankruptcy in China. Change the logo and sell them in Europe, these companies are actually pretty good, it's just that the competition in China is too intense.

[@lengerer]

My dad was going to buy a jeep wrangler but after all the stories coming out he’s pulled out. Werribee Jeep in Melbourne recently closed, that was the warning for him. You’d be crazy to buy a jeep.

[@wngimageanddesign9546]

You gotta be crazy to buy a Jeep merely due to their poor quality control and reliability. ie. faulty transmission lines that leak causing a fire that will burn the entire vehicle to the ground. Happened too often in the USA. One literally has to re-engineer the vehicle to make it reliable and thus voiding the factory warranty. Most Jeep enthusiasts don't care and proceed for their intended use of rock crawling and off-roading.

[@jackfoley2542]

Or you can wait a year or maybe two and get a 50% discount

[@jackfoley2542]

I actually love my wife’s Alfa Romeo Giulia - 2020 and no problems - but I am now starting to wonder who will service it in a couple years. Seems like a good opportunity for the Independent garages

[@MrThaiLuan]

Here's a use case that car makers need to consider: 1 in 3 Australian homes have solar panels. That number is still growing. Now, a massive number of people drive to work and can't use their solar panels to charge their cars on those work days. You want people to buy your cars? Make the battery modular and make them removable so some can be left at home to charge while you drive to work. Going on an extra long trip to a place that doesnt have petrol stations or EV chargers? Buy/hire an extra battery module and chuck that in the boot (similar to a jerry can of petrol for ICE cars). With the V2G / V2X thing taking off now, this is how a car/battery manufacturer can win the game. Am I missing something?

[@paulstubbs7678]

Already out there, they are called 'Tesla power walls' etc. As for range extenders, Tesla is promising one for their Cybertruck, so lets see how that goes and if anyone will copy them. I have a caravan, and having a large range extender battery would be good , especially if it could be offloaded at the campsite to run things there and grab some charge from a few solar panels.

[@MrThaiLuan]

@paulstubbs7678 yeah I'm aware of modular home storage batteries for solar but they can't be installed into your car, I'm saying if the car has modular batteries that can be removed and charged separately so the car can be somewhere else and some of the batteries at home during the day charging. Then when you get home, swap out the empty battery or simply put all the batteries back into the car if you're going on a long trip. If you're not going on a long drive, just leave them home to power your home and save yourself from carrying all that dead weight. Your lighter car will accelerate faster, use less brakes, be more efficient.

[@zafir7007]

Nio introduced interchangeable batteries and battery swapping stations.

[@MrThaiLuan]

@@zafir7007 that's a step in the right direction, but I wonder if they'll make it so people can do it themselves at home. I don't need to take my drill to Bunnings every time I have to swap out the battery on it, so the same freedom can be designed into the car battery. Obviously you can make the battery proprietary and keep it within your own eco system to make the most money from it. It can earn the manufacturer money with some special equipment necessary to remove the batteries safely. It can also earn them money by having a battery hire service, or that service might spawn by itself.

[@Martinz_Place]

Electric cars are primarily sold because of government regulations. This is the only real reason. I live in the Netherlands, where owning a petrol car would cost at least €20,000 more! So, the sales of electric cars have nothing to do with market reality. The ironic part is that China is the main driving force behind electrification. Manufacturing an electric car is relatively simple compared to producing an internal combustion engine (ICE). The Chinese government heavily supports its automakers to dominate the market and potentially undermine the EU and American economies. People have no idea what’s really happening.

[@andersonandrighi4539]

Every new tech is heavilly supported by the government of its time. There is no capitalism without the State.

[@Martinz_Place]

@@andersonandrighi4539 Fully disagree. The involvement of Chinese gov is unseen, and this is because of the strategy of the gov to be N1... so I don't know what do you mean there is no capitalism without the state... China is a communist country and every resource is in gov favour, to bad that EU and US had not seen this prior.

[@Martinz_Place]

@@andersonandrighi4539 So for every BMW sold in the world, German gov supports the manufacture? LOL man.

[@andersonandrighi4539]

@@Martinz_Place show me one big group that did not receive government support in its inception or close to their bankrupcy. As anyone who can use internet for other purpose than to look at memes: "BMW's first product was produced for fighter aircraft of the Luftstreitkräfte. It was a straight-six aircraft engine called the BMW IIIa, designed in the spring of 1917 by engineer Max Friz." Wikipedia Let's look how BMW was operating during the Nazi regime: "During the war, BMW concentrated on the BMW 801 aircraft engine using as many as 40,000 slave laborers.[9] These consisted primarily of prisoners from Nazi concentration camps, most prominently Dachau. Motorcycles remained as a side-line and automobile manufacture ceased altogether." - Wikipedia I could go on with any large company during the history of capitalism. Also keep in mind that without Germany (and EU) what is stopping me from making a carbon copy of BMW design?! Here is one interesting anecdote of the real purpose of any State: www.bbc.com/news/world-asia-68509773.amp

[@pdnperformingarts]

Here in the US, ICEs and EVs are comparable in price per the class of the automobile and not the type of engine. The Chinese developed a robust EV market. Most foriegn automakers in China are behind the curve with what Chinese people are buying and want in that country and that will cause significant pain, especially if your business growth was tied to winning in China.

[@davidanderson7138]

ANY manufacturer who builds something no one wants will go bankrupt!

[@dontuckerjr]

Here in the USA, some Dodge-Chrysler-Jeep dealers are advertising vehicles at 25% off MSRP. I expect Stellantis will be pushing prices down even further. Not sure they have a firm hold on dealerships, however, and I think that’s going to see some dealerships losing the brand.

[@madvada]

Sam, your shirt is at least 2 sizes too small for you. Just trying to help. You look funny with a shirt that small

[@Henrik1966]

Dear Sam, I personally drive a CITROËN … a C5 Aircross (Facelift 2023) to be more specific. And CITROËN actually lowered their prices significantly in 2023/2024 … So, CITROËN is part of the Stellantis Group … do you see any hope for that classic brand? Cheers, Henrik

[@Alex-l6d1f]

Stellantis formed in 2021 Fiat sales up 153% Year on year 2024 H1 net profit € 5.6 billion Stellantis Ev models Opel top ten seller in Germany Stellantis dominate top ten sales in Italy They were number one in UK with Vauxhall Corsa and Mocha EV Vauxhall Astra also very popular Maserati sales increased here in Australia Alfa sales increases in the US and Australia Overall the company has some good products and sales I think it will take longer for them to increase sales but it’s possible New Jeep Retro seems very popular too. Sam loves it FCA Fiat Chrysler created 2013

[@CombatSport777]

I had a late 80 Chrysler Lebaron. That was a decent car. These days, I can’t understand why people buy stelantis vehicles at all. My neighbor has a 23 jeep that is a year old and has strange engine problems.

[@paulstubbs7678]

A nephew bought one second had, big mistake, engine, especially diesel is SO darn expensive to do anything.

[@rolandfritz1191]

I am super satisfied with my 500e. After i buyed it they raised the price aboud 5000 Euro..then the subsidys were cut. Another 7500Euro more....now no one buys it, great smal car, but much to expensive

[@joergmaass]

Same here. We got the last one with full electronics that was available at the dealer before Stellantis had to cut back due to missing parts because of the pandemic (they said). Great car for daily use, not so much for longer distances since the battery is too small for that. It also doesn't have a heat pump.

[@szakachdekapolna4372]

Your boyfriend also loves it?

[@jeffpaquette9035]

U said it would happen Sam, great job. I would never have bought any stellantis vehicle anyways...bacause they r junk

[@zes7215]

wr

[@zbygniewprlwytzkofsky6614]

Just wondering where that 68year low is coming from... Stellantis was founded in 2021 as a merger of French and Italian brands. Is it a 68 years Fiat low? A 68 year Peugeot low?

[@larryc1616]

💀Legacy auto 💀 ICE is FINISHED ✅️

[@jerromedrakejr9332]

Let's comment again in 5-6 years when it's time to throw away all these EVs bought now and buy a new one... The ICE car lasts for decades, there are examples that move on the roads and a whole century later... The EV ends its life after 5-6 years! I bought a new Fiat Doblo CNG and it has served me for 14 years using very cheap and environmentally friendly fuel. If I had bought the EV variant, I would have had to buy a third new one by now, and that is a MUCH more expensive variant!

[@X5493-c7p]

Indeed in about three to four years they’ll start dropping like flies

[@X5493-c7p]

Anyone dumb enough to hold their stock is going to take a massive haircut 😁

[@nicka9108]

@@jerromedrakejr9332 bullsjhit. my 2015 Vw GTI didnt even make it 10 years and its sitting leaking oil and antifreeze at 227,000 km. German cars are dead. Ice is dead. no more leaks no more oilstains in my new driveway. going Electric!!

[@TurnerRentz]

Stellantis placed a 55 million dollar investment in an EV aircraft company for whom the former head of Tesla powertrain engineering is setting up their new line. The factory just went live about three weeks ago. Stellantis will contribute to that aircraft company the carbon fiber body parts the plane needs - cars that are make from composites like the Chevy Corvette are where they're contributing to that company and yes, the company posted record profit but the key is how companies like Tesla set up their lines and how Stellantis can evolve. They've at least got some feelers in the right direction with the aircraft company and new EV models coming out this year, but agree with the Viking - objects in the rearview mirror are closer than they appear.

[@khanhchan5234]

In a few years time, might be few auto makers left in the world,Tesla, few Chinese company(BYD,Geely, NIO, Xiaomi?) German company(BM, MERC, AUDI?)might be I am a pessimistic, German cars have to cooperate with American or Chinese, you need software to operate the EV, American has Android and Chinese has Harmonys os, but German choose american then“ be enemy of american is dangerous but to be friends of american is fatal!”.

[@adammorehouse7664]

It’s echoing the Australian car industry. Too expensive to manufacture in developed markets like Australia

[@UncleBensChannel]

I sell for Mercedes in Florida... they were up in 2024 compared to 2023 overall. The EQ line has been cancelled... the next MB EV's will be electric versions of present ICE models

[@waynefergusson9987]

Surely it is possible for countries outside of China to compete ' Hmm with the right attitude innovation and conditions ' oh yeah that is a huge hurdle compared to where Chinese industry is already at

[@lindsaysmith8119]

You really have tickets on yourself if you believe that you were the only person who recognised that Stellantis was in deep trouble. This info has been freely available for the last two years, as has the pending demise of Nissan.

[@WhyInnovate]

@electricviking please mention the word disruptive innovation, because this happened over and over in industry and industry, look at move from steam locomotives to diesel, mainframes to servers, disk drives to solid state drives, ICE will be around for a while but slowly die off in number.

[@CarlGerhardt1]

Nobody forced the railroad industry to convert to diesels, or forced people to convert from mainframes to servers.

[@WhyInnovate]

@@CarlGerhardt1 Hu? Sorry elaborate?

[@rolandibanez2509]

So, what exactly has Stellantis done wrong? Quality? Features? Design? A year ago everything was fine.

[@coolco1619]

Yes how about motorbikes trend? Any changes to electrification?

[@PC-cs5wp]

Its ALL ABOUT their Corp. PAY PLANS!!!!!! In the car business EVERYBODY works their pay plan!

[@kerbsidemotors9249]

Registrations yes to avoid fines, sales NO

[@ronnieham1905]

Is the Scout plant for sale in South Carolina.

[@jgarbo3541]

Honda's "merger" with Nissan was "Advised" by Japanese govt, to save face...

[@wayneluly5330]

Does sellantis make the Fiat Ducato vans

[@tharineesripor7727]

Thailand has been a significant manufacturing country for multiple car makers including ford and the japanese for some time. They hardly pay the Thais high wages compared to the chinese. In fact there has been talk of moving plants to Vietnam. So it goes on that tradition manufacturers are stuck in their paradigm.

[@byddf]

Stellantis' brands are not mainstream brands in Thailand. It should do more invests.

[@sevesellors2831]

Too many failing brands and too high prices was always going to end in tears.

[@tag10uk]

A reduction in personal vehicles sales is to be celebrated as personal transport for a growing human population is unsustainable, whether electric, petrol, diesel or otherwise.

[@petersimms4982]

Calos ,sat on a yacht ⛵ in Barbados.wondering what to spend his millions on 😮😮😮

[@daytonaislander]

i dont know where ev sales are taking off but in the US their rarely seen. kind of like seeing a rainbow

[@FrankiePo89]

Nameeriicans are having a hard time keeping their stomach full, thus the 3 millions brand new ice on the lots.

[@todlowe4567]

Consumers no longer need or require so many car brands…… especially brands that are “stuck” in the 1990’s and 2000’s…… competition pushes poor companies out of the market, and forces good companies to look at themselves through a unbiased lens.

[@FrankiePo89]

EVs aren't practical to many, but most. And they are selling really well in ASEAN, with a population of almost a billion. That's 3 times the size of usa.

[@at3941]

How long will they last after drop pin to a ++68 year low I. Sales? That’s a really good question- not long. Who’s bailing them out?

[@Thiriet36]

Look to Brazil. FIAT is n1 around here. Jeep is strong. Stelanttis is King here. Maybe they will get rigth with LeapMotors in Brazil.

[@MrLekatt]

My French 'garbage' diesel -05 (run on HVO100) serves me perfectly without any problems. Needs service and periodical service as any car of course. Buying an EV would completely destroy my CO2 footprint..

[@ladygracienyc2029]

Such easy pickings for Chinese EV makers to take market share from Stellantis, GM, Nissan and VW

[@danielstefanovic2604]

True, looking for a new family ev now and nothing that stellantis offers can rival the Chinese, for example the xpeng g6 is far superior to anything stellantis has.

[@SaarAlfasi-dt4fd]

Can you please talk about what’s happening with Ferrari and Lamborghini that are doing record sales in Australia in 2024 and 2 year waits on certain models What is the future of luxury brands like Land Rover, Bentley, Rolls?

[@jcej6197]

they acrually have a line of EVs from peugeot and fiat so all hope is not lost. Renault does too and the French do buy both brands, many waiting for lower prices.

[@simondalling7489]

The crisis in ICE manufacturing is probably worse than it looks as the parts industry for them will also collapse, this is the industry that mostly supports them.

[@maxg4958]

Nobody (in their right mind) buys a sinking ship.

[@squashua16]

The ev sales are tiny and niche in location. Most of the US will not ever buy EV

[@229andymon]

Honda, Nissan, Mitsubishi. How 1+1+1 can equal less than 1.

[@runePV]

By Odin, Thor and Loki.. we are doomed 😀

[@teemagict1175]

Yo Sam, you always make me laugh bro,,,please tell me next week's lottery numbers,,,, If only stellatis had listened to you sir 😂😂😂😂😂

[@Balthis5000]

Orange viking

[@melleblanc971]

Honda/Nissan is next!

[@asap_motzki]

Plus, Stellantis owns chinese Leapmotor by 20%... funny that they still try to profit from digging their own grave.

[@leo92344]

"Was admiring an awesome Holden Commodore and couldn’t help but feel sad that we don’t make our own cars anymore. The collapse of the Australian car industry was such a warning sign of what’s ahead. How can we compete with the Chinese manufacturing juggernaut? I feel for the millions of people in the US and Europe who are likely to lose their jobs. It’s crazy to think even mega companies like Mercedes are struggling to stay competitive. Western manufacturing is really in trouble."

[@keithlackmann8646]

That’s capitalism mate.

[@paulstubbs7678]

In a way we don't have to worry about competing, because we have no auto industry to compete with. The main two were US based and would only hang around if the government gave them crazy big incentives, so good riddance. We have better uses for our tax dollar than sending it overseas

[@unconventionalideas5683]

The US side of the business was always dysfunctional. They do have good EV tech in a lo of their French models and even their Italian models, and there are vehicles they have really got right. The biggest issue really, by far, is what used to be Chrysler Corporation, which has the problem that they focused on what they thought people in the US wanted--premium/luxury, performance, style--when if they looked at what most of what has been selling well in the US for some time, they would have realized that this was not a long term sustainable route.

[@heimbone1]

And Mazda going upscale to look like a premium brand. Buyers are tapped out and want a simple, affordable, reliable vehicle.

[@soscattered6126]

That ceo killed the jeep brand due too increasing quality issues, while increasing prices exponentially.

[@vonniofdoom5590]

Buy up those cheap shares as Warren buffet says buy when others r fearful sell when others are greedy.

[@TTTzzzz]

How old is Stellantis?

[@mikemiller774]

Check 5 year data on Stellantis stock, this is not the worst one.

[@ivanmifsud6972]

Yes you did warn them Sam. They did not want to learn from history, or from you.

[@ISuperTed]

I have a Stellantis EV. It’s a nice car but I have had issues with it (fixed under warranty). However, the list price of it is three times an equivalent Chinese car. It’s a company car so I didn’t pay for it, but that’s not sustainable, even with tariffs etc. Won’t be getting another one when I changer this year - Korean most likely (Tesla too expensive).

[@kaptnwelpe5322]

Maserati is luxury car brand. YOU NEVER DISCOUNT LUXURY CARS. As THIS will affect RESALE PRICES. And such NOBODY will BUY NEW ONES. SIMPLE AS THAT.

[@joergmaass]

Legacy luxury ain't luxury anymore. Have you seen what's coming out? I have, and I can tell you: You ain't seen nothing yet! Buckle up, it's going to be a bumpy ride...

[@hydrotricine]

Maserati NEVER hold resale value, we are not talking 911 GT3 here😅

[@JDMSwervo2001]

@@joergmaassI’d take a Lexus over any other luxury brand

[@kurtjammer9568]

Lexus may be reliable but you can't deny maserati makes beautiful cars.. you don't buy them for resale value.

[@JDMSwervo2001]

@@kurtjammer9568 Maserati cars are so mid I never understood their appeal

[@jayceh]

By the time BYD Shark 3.0 releases, all these companies will be cooked. We'll have every American, German, and Japanese brand fighting over a shrinking US market.

[@connclissmann6514]

Why do Geely hold on to their Mercedes shares anymore?

[@DesertCoyote-t5k]

Just Raise Prices I am sure that will work out well.

[@tinetannies4637]

Stellantis shares are collapsing? Better give its executives enormous bonuses, while having the company beg for government bailouts. Job well done!

[@joelopic]

When you build trash and over charge for it. That's what happens. You Reap what you sow.

[@tedg1609]

The mainstream is catching up with your message. The high profit years are coming for The Viking.

[@satoau1]

backfires to who though? the ceo and directors got massive bonuses from hitting such profits, short-term or not, and don't care what happens after.

[@johnfrancis4401]

Sell you shares in VW, BMW, Mercedes, Stellantis and Renault in Europe And Ford and GM too in USA And in Japan Toyota and Nissan/Honda.

[@Hyper584k]

and buy what instead?

[@joaovitorsilvagohl682]

Ford is preparing, words coming, gm is a mixed bag. Toyota will swallow and make something.

[@markmauney4474]

​@joaovitorsilvagohl682 Ford does seem to embrace learning from the competition while Mary can't bring herself to say the "T word".

[@johnfrancis4401]

@ A Tesla new if you’re rich or if you’re poor like me buy a second hand Tesla

[@ISuperTed]

The only thing I’d say is Renault are at least producing better EV’s than the rest of them in Europe -the new Renault 5 is a great small car. I think they have a chance, the others I’d agree are basket cases.

[@thyristo]

Why autonomous driving lvl 5 is a necessity: "Mannheim, Germany (dpa/lsw) - A 62-year-old pedestrian has been hit by a car in Mannheim and critically injured. According to the police, a 20-year-old woman came off the road with her car in the afternoon, hit the man on the sidewalk and collided with a traffic light pole."

[@markme3259]

…there is probably over 5 billion people who have never heard the name Plymouth…how many even herd Oldsmobile…all big sellers years ago…

[@richardzapor4607]

With inflation adjustment the value loss is even worse than the 70%

[@Clint-stanley]

Not a single Legacy automaker has adopted the new production methods. They still sell expensive vehicles with way too many suppliers. Way overcomplicated. Saw lots of Legacy EV adds this weekend during the football games. Some looked promising. Just the prices are too high for the value delivered.

[@hiltonwatkins6750]

It is the end of this assembly line.