GM & Hyundai Edge Closer Together; VinFast Losing Billions - Autoline Daily 3975

[@MrChevybaja]

Can autoline spotlight how much money the EV incentives account for, vs how much money the government gives the Petroleum industry?

[@PD55_]

@@MrChevybaja Also, insane US subsidies for the ethanol mandate, where it takes more energy to create fuel from corn than you get out.

[@MoreOnEVs]

Tesla is raising prices the day that tariffs are supposed to be levied. Canada has threatened retaliatory tariffs. Maybe it’s a coincidence?

[@juliahello6673]

Canadian dollar has crashed

[@MircoWilhelm]

It's intentional. They either started pricing those retaliation tariffs in or preparing an excuse for more lost car sales.

[@grahammonk8013]

@@juliahello6673 Strangely enough, the predictions are indicating that potentially reversing. The Chinese Yuan chart is the other way.

[@kellyholden1143]

No it's not a coincidence, President Musk is trying to screw Canada over

[@Peizxcv]

Canada have a failed economy. Loonie is trading at the lowest since 2016.01

[@gmoncrieff]

So GM has a total of $110B in debt, Ford has about $150B and Toyota is sitting at around $186B and we never hear about those?

[@BrunoHeggli-zp3nl]

Because it's no problem!

[@JohnDoe-vx3z]

Mainly due to leasing.

[@JohnCap523]

@@gmoncrieff what’s your point?

[@juliahello6673]

@JohnDoe-vx3z Incorrect. 90% of Toyota’s debt is “bad debt” as opposed to the 10% good debt that comes from financing.

[@stefanoparlatore7141]

Quick ratio of Toyota and GM is >1, and Ford is close to 1.

[@AllanSustainabilityFan]

@5:50 Comical to hear this from VW after they spearheaded the Dieselgate disaster. If anyone needed to clean their act up by now, it would have been VW here.

[@P.Galore]

Dear Cadillac: We don't need another $80k+ EV. We need $40k EVs with 300 miles REAL range, which means 360 by your tests.

[@rp9674]

If you're waiting for a low-cost vehicle from cadillac, keep waiting

[@jeffs6090]

You won't be finding that with Cadillac! Maybe look to Chevy, bud.

[@nlpnt]

GM EVs are known for exceeding their advertised range. Maybe not by that margin, but still.

[@kevincorpetti1379]

Not Cadillac, but check out Equinox and Blazer EV! They start below $40k!

[@_PatrickO]

What a shame for toyota. The more finance people in charge, the more corners that get cut and quality tanks. See boeing.

[@CasperChicago]

That is the norm for legacy corporations. Once a technology is successful, a business person takes over and they sacrifice innovation for profit. GE and Intel are perfect examples.

[@_PatrickO]

​@@CasperChicago It not legacy vs newer. Legacy generally has a chance to not be ruined yet. Look at menards, same owner since 1950s and private. When he dies it will go public and be pieced apart or sold off to home depot or lowes who will close the stores to eliminate competition. Or any other crooked thing you can imagine. I've see first hand how execs will run a company into the ground when an outside exec is brought in after a founder retires. Only the board members and the CEO won. They managed to sell it after nearly a decade which got them all huge bonuses in the millions. Running a company you can sell into the ground is extremely lucrative. An intermediate ceo got 10s of millions for a few month of being ceo during the sale. All during wage and hiring freezes. These CEOs should not own stock, it completely disconnects them from the company itself and allows all kinds of crooked stuff to happen that wouldn't make sense unless the CEO was manipulating the company to self enrich off the stock.

[@marcospadilla1133]

Very awesome channel ❤👍

[@2cartalkers]

Living near silicon valley I see a lot of EVs but to date have only seen one Vinfast. Methinks it ain't gonna make it.

[@russh6414]

Same here - I have seen one green one in the wild in San Jose

[@frankcoffey]

I'm just North of Dallas and I've seen plenty of every EV available in the US I've even seen several Fisker Ocean. But I have not seen one Vinfast.

[@Ezero8]

I've only ever seen 3 in the wild around Silicon Valley.

[@bobbbobb4663]

But $andy Munro loved VinFast after his undisclosed free trip to Vietnam that was paid for by VinFast.

[@foxtrotwolf6081]

I saw one in the news. Crashed into a tree, I believe.

[@2148aa]

Start offering realistic tire sizes. Big is not always better.

[@donswier]

☺️👍 Sebastian Loeb won 9 World Rally Championships using 15" tires. Pretty sure that size can handle the school run.

[@irdestro]

I have new found appreciation for the management of Honda. When the financing gets tight and people are not able to afford new cars, go down market and introduce lower trims and cheaper cars or cheaper financing. That is brilliant strategy unlike Carlos from Stellantis, hoping for big spenders to buy his inflated priced crap or screw their partners and try to steal from them. Also pushing out Jack from Toyota for poor performance when the prices of Toyota cars are so high is not going to solve the problem. Introduce cheaper cars and keep the metal moving like Honda.

[@stepheng3667]

Is Telsa off of their rocker? The Model 3 in Canada is $54995 plus $2000 transport. I test drove one last year. There is too much competition now, I figure they needed to drop the price by $5K to 10 K not raise it by $9k. That model is stale, it's looked the same for 8 years now. They are always playing games with prices. Plus, they started importing their vehicles from China - NO THANKS. But they probably stopped that recently since the Gov't slapped those 100% tariffs.

[@CSHarvey]

yeah, you shouldn't drive a Tesla.

[@phillyphil1513]

Q: Is (Tesla) off of their rocker? A: yes. HELLLLLOOOO MCFLYYYYYY...!? (Biff Tannen taps knuckles on noggin) this is what we've been trying to tell you since we opened our mouths to say it. of course Leon himself already told you how he was "off his rocker" when back on the date: Nov 30, 2023, he sat on stage in NY (the home of Madison Avenue btw) and told advertisers to "GFY...!!!" (ITF) if you missed this, no worries because "Now You Know".

[@rp9674]

Choicez

[@deragoth4250]

Actually heard the imported Tesla vehicle from China had a lower rate of defects compared to those from USA

[@MikiCab1]

No way can Telsa get away with racing EV prices in Canada by $5K. There are too many other EV's in Canada. Canada should invite BYD to make cars in Canada.

[@chicagomike2111]

Yeah bring China one step closer to its goal of a Communist dominated world. Dont you think Canada should push their smaller niche brands like Magnum, Conquest or HTT before selling out to China?

[@JT_771]

Is it better if they go up slowly instead of racing them up?

[@MikiCab1]

@ I see EV prices dropping over the next couple of years. Think big screen TVs and Computers. Prices have dropped and power has increased. EVs will go through a similar cycle

[@JT_771]

@MikiCab1 Oh definitely. Battery prices have plummeted in the last 10 year and that'll continue. EV prices will trend downward. They'll bounce up 'n down w/ market forces, like anything else, but the trend will be toward better affordability.

[@MikiCab1]

@ totally agree

[@raymondschembri5042]

Vinfast in advertising at the Super Bowl! That the last straw when they go bankrupt 😅

[@TheJ1s]

Aw, I was hoping Hyundai would help GM with fast charging, or at least a share a new tech that they both can use. Vinfast needs to advertise, maybe this upcoming Superbowl. Yes, their cars still needs work but many people don't know who they are. Tesla and Canada pricing is fine, it'll help other EV makers look more desirable price wise.

[@williamerazo3921]

The Caddy Lyriq V will sell . Good on GM

[@steadysmv]

Scout range extender in the new Microbus should have been the strategy. Missed opportunity for VW.

[@jeffs6090]

Will the Lyriq V be made with native NACS ports from the get go? I know current Lyriqs and Optiqs will have native NACS very soon. Please add this information when talking about EVs being released. Practically everyone wants that info; we are waiting for native NACS vehicles!

[@Peizxcv]

Canadian dollar are trading at the lowest against US dollar since March 2020 during you know what. What do you want Tesla do, ignore the failed economy and sell cars at a loss?

[@PD55_]

How come Hyundai/Kia has been able to make safe clean stylish affordable reliable profitable EVs but US legacy automakers can't? Maybe GM and Ford should focus less on stock buybacks, dividends and executive bonuses and reinvest profits for their future existence. EVs have 30% fewer parts, need less labor, therefore faster production rate as well. No reason they can't be more profitable than ICE cars, especially with battery tech getting better and cheaper every year.

[@stargazer3828]

Probably because in 2022 GM's CEO was paid $27.8 million dollars while Hyundai/Kia CEO was paid about $1.044 million dollars US equivalent. But the size of a company determines a CEO's salary and GM is larger than Hyundai/Kia, but not 20X!

[@JohnCap523]

@@stargazer3828 Only thing today that decides CEO income is how pussy whipped the board is. Tesla is exhibit A.

[@juliahello6673]

@stargazer3828 Can you flesh out your argument here? $25 million is pocket change compared to the billions in revenue. If an automaker can lure a good CEO they will make their salary back many times over. Not that I’m saying Mary Barra is that good, but the principle still stands.

[@matthewhuszarik4173]

Hyundai BEV are disposable vehicles if that is what you are interested in. Once their cars are out of warranty if there is an issue with the battery they are scrap. There are numerous stories of cars just a few years old that are worthless.

[@JohnCap523]

@ If only you had a clue… 🤣🤣

[@usa1mac]

In just the last year, the Canadian dollar has weakened by 6.4% and since the Tesla vehicles are made in the US, the cost needs to go up in terms of Canadian dollars.

[@functionalvanconversion4284]

Bring in small commercial vans to the US🙏

[@HonestJohn-y3k]

Chicken tax.

[@functionalvanconversion4284]

@HonestJohn-y3k great point

[@JohnCap523]

600kw dc fast chargers are not “nearly double the fastest available”. They’re 50% faster than a commonly available Alpitronic 400kw charger.

[@Angelboy99]

@@JohnCap523 there are also 250kW vs 150kW comparaisons with less than 3-5% improvement.

[@JohnCap523]

@ Huh?

[@kens97sto171]

400Kw Alpitronic chargers are not "Commonly" available There are maybe 3 in the entire USA... I am sure Europe has more. 350kw is the common max we see here.

[@JohnCap523]

@ Uh, nope, every iONNA Chargery is getting them, a half dozen already open and hundreds due this year. Mercedes charging locations also, at least a half dozen stations at Buc-Ees. Point is, 600kw is not approximately double 400s, and, in fact, not approximately double 350s either.

[@kens97sto171]

@JohnCap523 Wow 12 chargers in the entire country. I would say that still does not make them very common. Very happy to see them coming though. Cuz we're going to need better charging long-term. Alpitronics makes really good equipment too so I'm glad to see better more reliable equipment showing up.

[@markjmaxwell9819]

Keep in the unbiased analysis guys everyone in the automotive industry and past employees of the industry appreciate your programs. 😎🇦🇺👍

[@justayoutuber1906]

GM's solution: Buy Korean and resell it

[@StormyDog]

Obviously the Tesla price increase in Canada is due to the fact that the Canadian dollar has declined 7% in value since September.

[@bobbbobb4663]

But unboxed! Model 2! Massives volumes that will undercut everyone else on price!

[@johnchin1456]

Only In Ur tarriffs protected market, besides without carbon creds Tesla wud gon bust long ago

[@Angelboy99]

Trump and Musk just declared economic war to Canada. It was my first Tesla Y 2020 and probably my last. Canada should impose a 25% trade tax on all Tesla products. What a shit show.

[@juliahello6673]

Musk is pretty anti-tariff from what I’ve heard him say. Basically every country has things it does well and we all benefit from open trade.

[@buckw65]

Your absolutely right. 🇨🇦

[@lukerinderknecht2982]

I feel bad for people who bought Teslas before Elon went full-on "Not See"

[@Angelboy99]

@ how do you explain Tesla 20% price reductions in 🇺🇸 and 6% increase in 🇨🇦? Besides the super charger network, Tesla has invested in a few stores and service centres in Canada. It’s really shameful. I was waiting for my Juniper but no more. There is a limit in buying a US made product while spitting in my face. This will hurt everyone involved but not my wallet.

[@12345682900]

There's NO question MANY current AND potential Tesla buyers have "had enough" of Musk, however, when you're the wealthiest man on earth does anything matter. Tesla could fold completely without little concern, other than ego, from Musk. It's nice to know, though, that so many Telsa folks have a conscience and understand EXACTLY what's going on.

[@Ezero8]

No one in Canada should be buying a Tesla then.

[@mcsike7264]

There gonna use tesla chargers anyway 😂

[@johnchin1456]

Canada shud not selling it's oil for cost price to the USA, the world wants Canada's oil and will pay good for it

[@rp9674]

There are better reasons to not buy a Tesla than price

[@boostav]

@@rp9674 If you're an idiot, sure.

[@2cartalkers]

Jack H. of Toyota got pushed out due to Toyota's poor performance to date in the U. S. of A. Someone has to take the fall.

[@_PatrickO]

The replacement is a finance guy. Finance guys ruined boeing by cutting quality to pad margins. Either lower prices without cutting quality or go under. These rich execs get paid way too much to be this bad at their jobs.

[@2cartalkers]

@@_PatrickO Agree 100%

[@rwdplz1]

Pit strategies have NEVER been entertaining. You know what is? The fastest car and fastest driver winning the race.

[@Angelboy99]

I just unsubscribed from all the Tesla fan KZbinrs. Not one has dared to denounce the current shit show and Tesla just announced a 6% increase on all Tesla products in Canada except the Cybertruck which is not selling. We already pay 18% more than US buyers even with the exchange rate factored out. I only kept Autoline subscription cause they are non biased and global. Keep on the good work.

[@_PatrickO]

I feel zach and jessie on Now You Know went full salute a few years ago. They seemed like good guys in the beginning, but the grind, elitism, and pandering has ruined them. Elon musk will never care about them, but they try try try anyways.

[@phillyphil1513]

@@_PatrickO re: "I feel zach and jessie on Now You Know went full salute a few years ago." correct they did, and there's no "feel" about it. what you must get the courage to recognize is how Zach and Jessie, Farzad, Tesla Tap, Electric Viking, etc are all part of the larger scheme known as the PUMP AND DUMP and are ultimately involved in SEC crimes of "stock manipulation". as i've been saying for 10 years you are now in a "Grift Economy".

[@phillyphil1513]

re: "I just unsubscribed from all the Tesla fan KZbinrs." you're a good man Charlie Brown. sad that i took you so long, because in you're delay (and despite all the warnings myself and others have been putting out) you've gone and "financed" the CREATION OF A MONSTER, however better late than never.🤙

[@phillyphil1513]

@@_PatrickO re: "They seemed like good guys in the beginning..." yup they always do, that's why it's called DECEPTION. ref: "All War is Deception..." - Sun Tzu.

[@_PatrickO]

@@phillyphil1513 I stopped watching them when elon started spouting nonsense on twitter and they glossed over the bad stuff. They were inventing a false narrative. That was like 4-5 years ago.

[@Author_Roemess]

Marry Barrar knocking it out the ballpark 😊

[@gregwatling4041]

China already has 600kW public chargers.

[@deansmits006]

That headline, though...

[@user-to2rf1rj5v]

3:00 I don't think this is Teslas price increase alone. I think they are showing buyers what prices will increase to after incentives have ended.

[@tonystorcke]

GM is parhetic. They are begging Hyundai for superior technology.

[@Choo-choo-chookcha]

Tesla price increase could be caused exactly by cancellation of subsidies: marketing projected worse sales and to keep their desired profit by quantity they increase the price. Apple does the same with iPhones around the globe except for the markets they want to be competitive in - like US, China and Korea. For others they don’t care if the higher price will hurt the sales.

[@Clark-Mills]

Seems likely that Tesla is enticing potential Canadian Tesla purchasers to make the jump *now*.

[@rp9674]

Or jump to other brands

[@JunitafluxcyfatriciaJunita]

6:46 in china Huawei aredy have public charger 600kw

[@patrickharper1798]

Hmm, Canadian 70 cents to the US dollar?

[@dhood15277]

Shady deal, maybe increases are a squeeze.

[@russh6414]

Tesla isn't the only EV game in Canada. Musk's feeble attempt at retaliation might backfire on him. I think the backlog of unsold CyberTrucks is worth mentioning...

[@mcsike7264]

Well there gonna use tesla chargers anyway so tesla still gonna make money off of em 😂

[@bobbbobb4663]

Heil!

[@johnullrich7252]

EREV > Hybrid

[@erktrek]

2 possible reasons for Tesla increasing prices (other than increasing profit margins) - to make room for a lower cost model coming out soon and/or shift focus to Cybercab / FSD as that system gets closer to release.

[@lukerinderknecht2982]

I'm guessing you don't live in Canada?

[@grahammonk8013]

@erktrek Note that the Cybertruck is NOT going up in price, and many, (most?) Teslas are coming into Canada from China. Look at the China/Canada currency trends.

[@erktrek]

@@lukerinderknecht2982 Nope I do not (have been there many time tho - awesome country), unclear as to what that has anything to do with my thoughts?

[@erktrek]

@@grahammonk8013 sure but what as that got to do with giving a cheaper model some pricing room by making it more attractive and adding extra profit margin to their existing lineup? CT doesn't have to change price because it is already at the higher end or will shortly increase via retaliatory tariffs. Am I missing something?

[@grahammonk8013]

@ No, you might be right, but the Chinese built models are going to be more expensive, which is another possible reason for the increase.

[@Randalian]

Does anyone pay any attention to the torque figures quoted for electric cars? We don't know how they're geared, so we don't know what sort of shove in the back they have to offer. Conversely, for ICE cars the power output is irrelevant for most of us; it is the torque that tells you how punchy they feel to drive.

[@RobertOlds.630]

Tesla raising sales price? My guess is Elon Musk knows much more than I do.

[@davidmccarthy6061]

You don't become a billionaire by doing the most to benefit your customers.

[@rp9674]

He knows how to be an arse

[@JoseDiaz-qw7mg]

VinFast losing Bn Fast

[@rp9674]

IONNA chargers on the way

[@MarkMeszarosYNG]

A Ton Of Tesla Owners Want To Sell Their Cars Because Of Elon Musk:

[@phillyphil1513]

"PUNCH OUT MAVERICK...!!!" (Goose yells from the backseat of the F14)

[@necrojoe]

*"Vietnamese", not "Vietmanese"

[@rp9674]

Vietnaneese

[@mikafiltenborg7572]

NKLA a penny stock soon..... 😂

[@IanReid-e9r]

Trouble ahead for Tesla

[@davidmccarthy6061]

Elon knew that buying the presidency would bring enormous insider information that will be a benefit for many years, not to mention being able to shape policy to whatever he needs.

[@phillyphil1513]

like they say in Russia... "Oligarchs gonna Oligarch..." (best Ilya Baskin accent)

[@222aint]

The trouble is Musk thought he could buy a narcissist. The trouble is narcissists don’t reciprocate. They use you like toilet paper. Musk FAFO .

[@RobertOlds.630]

Will EV hp ever be regulated? Upwards of 600 to 1000 hp is a bit much for a street machine.

[@rp9674]

Regulated by Tire physics, just hope they never find Hoosiers

[@davidgrisco1939]

Hey, Canada...just think of the Tesla price increase as a "destination charge." 😂

[@davidbeppler3032]

BYD reported just $11.21 billion in debt. Reality is closer to $50 billion. That is very creative accounting. BYD is crashing. Glad I don't own that stock.

[@mariolubin4621]

Gm and Hyundai taking over

[@JP-gw9ts]

Toyota heads roll for fuckin up the trucks.

[@davidlemieux615]

There are two reasons why Tesla increases prices: A) Input costs have risen significantly or Currencies have changed and are harming profitability. B) Temper demand which is beyond manufacturing capabilities. Now B would be logical if they see a significant change to assembly lines in the US due to process changes (unboxed?!?) For A, a variant would simply be to align currencies. As a Canadian, I can tell you that many items I was considering just 6 months ago are being put on ice until the Canadian dollars regains some sort of rational value.

[@JohnCap523]

Meanwhile Tesla inventory is overflowing, so nice try.

[@kenl.3775]

Yeah maybe in china, which is their most profitable (read cheapest) factory but not anywhere else

[@bobbbobb4663]

@@JohnCap523The stans are working overtime to explain behaviors and q4 channel stuffing.

[@JohnCap523]

@@bobbbobb4663 “Stans”? You mean, the Tesla bros, the cultists?

[@bobbbobb4663]

@ Yes. Another word for those who still believe Musk is honest, ethical, a visionary, etc.

[@seanjtorres]

VietNaMese

[@JT_771]

Looking at the comments ... damn, can people whine. Maybe instead of all this anti-this, fight-that, blah blah blah ... maybe the pricing is just being equalized as the CA dollar has dropped lately. Occam's razor.

[@BenCabell]

This pod always has interesting and timely information, having said that it is quiet obvious they are Tesla fan boys. Now that the US market is limited to republicans, let's see how they do.

[@Roddy451]

tostito