How Recalls Are Costing Automakers Like Rivian And Ford Billions Of Dollars

In 2021, a total of 1,093 motor vehicle recalls were submitted in the United States, according to the National Highway Traffic Safety Administration. That’s up 23% in just one year. Financial experts say one reason why automakers’ earnings multiples are lower than other companies is to do with the frequency of those recalls. That is especially true of legacy manufacturers such as Ford, GM, Stellantis, BMW, Toyota, Honda, Volkswagen and Hyundai. Meanwhile, new automakers like Rivian and Tesla present unique challenges and have contributed to recalls becoming more common. Other recalls have been of the deadly serious variety, such as the Ford Pinto that burst into flames in the 1970s, and the more recent experience of Takata, the airbag maker whose products appeared in automakers’ models from 2002 to 2015.
Chapters:
00:00 - Intro
1:40 - NHTSA’s role
4:17 - Takata scandal
5:59 - Impacts from recalls
10:01 - The future
Reporter: Robert Ferris
Producer: Darren Geeter
Senior Managing Producer: Tala Hadavi
Animation: Christina Locopo, Alex Wood
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How Recalls Are Costing Automakers Like Rivian And Ford Billions Of Dollars

[@dorhocyn3]

I have been a master tech for over 25 years, I remember when Ford issued a recall on many of their trucks, and the recall stated something to do with the cruise control. I would get so many customers in my independent shop that disregarded that recall because they said they don’t really use their cruise control, but it was actually a brake fluid pressure switch that would leak and short circuit potentially causing fires.

[@in2thewild]

can I call you master early?

[@alb12345672]

Haha I still have this repair on my Explorer .

[@in2thewild]

@@alb12345672 I still explore

[@williambrennan5701]

the fix on my van was a fuse , that's it . they put in an inline fuse ..,

[@joseventura8920]

Let's not forget that warranty work sucks for a tech

[@philnichols5611]

We have a Tesla Model 3. What is not being said here about Tesla is that the few recalls we have seen (less than four over three years) were handled by OTA (over the air) updates.

[@lang1892]

never been in shop!💗

[@nicholasrice8693]

Cool, can you tow a trailer or support a tradesman?

[@quonslecn7755]

This is what happens when you rely on your customers to be your Quality Assurance testers

[@drnobody1006]

Blame the customers for being dumb enough to buy them and be their lab rats.

[@wolfsokaya]

Ford didnt have much problem killing people with their Pintos and unbalanced Explorers.

[@johanyventura6669]

🤣🤣🤣🤣🤣 right

[@AMGBVG1369]

Big reason: Rushing the product instead of taking their time

[@justincoleman7856]

If you pause at 2:24, you'll notice that certain manufacturers aren't on the list like Toyota for example. That's because they take quality control very seriously and haven't changed this idea in a very long time and thus why a good number of vehicles on the road are either foreign or just made in Japan. Let's also understand that not every vehicle is perfect, but like another person has posted, when the upper echelon leadership of a company decides to cut corners or not invest in their quality control, then it'll affect customers and as a result, this will cause customers to possibly lose out of money because they have to take time out of their busy life to get a recall performed because the automaker decided to be careless and go strictly for profit.

[@kstreet7438]

By that same thought, so is my nissan people love to hate on yet it's not that bad.

[@shawndavis1480]

For real. I saw that list and went, "That's basically a quality circle."

[@trnlft]

Google Toyota recall and there's a bunch of them.

[@revengeoveraero9366]

Toyota lost billions in a recall because of a cheaply made gas pedal which would get stuck in the down position

[@Kvcarious]

Toyota BZ4X was recalled last year

[@MalcolmLeitch1]

My 2022 Jeep Wrangler 4xe has two open recalls (one issued in early November) effecting almost 63,000 cars that as yet do not have a solution. At least Rivian was able to fix their cars immediately.

[@JT_771]

We need better classification of recalls, now that OTA (over the air) fixes are a thing. A recall for which nothing needs to be done, auto applied OTA, is different from one requiring a dealer visit. By quite a margin. In turn, a dealer-required software change is quite different from something that requires a tranny replace, etc. It's good to have visibility on such details.

[@samirshah5411]

This

[@CrazyWeeMonkey]

Agreed, perhaps "soft-recall" could be the term we use for OTA recalls?

[@Comm0ut]

@@CrazyWeeMonkey That appears (to the tech-ignorant i.e most people) to minimize the term "recall" and most people are not highly literate let alone experienced technicians. One in five Americans is functionally illiterate and prose literacy is generally poor with many US citizens below sixth-grade level. That you know what OTA means suggests you're a techie but never forget most non-techies are technically helpless. Predatory businesses certainly know it and take full advantage.

[@lupavo1738]

Except the Rivian recall wasn’t a “OTA” repair, it was a physical repair that needed to be done. Tesla had a larger OTA recall recently, yet customers still came in to the service centers thinking it was a physical one.

[@JT_771]

@@lupavo1738 This wasn't discussing specific examples. But to your point, that's the intent of the idea behind wanting better classifications for them, to give us better understanding of the nature of a recall, what's involved, etc.

[@thepotatoofheaven]

that's what Ford gets for having bad quality control and/or cutting corners. I think rivian is a new car company so idk if it's because they're new and don't have very established quality control protocols

[@josephquinto5812]

Most likely. Building vehicles that can withstand thousands of miles of use is difficult. Mistakes turn into learning opportunities. That’s why Lexus and Toyota are slower to introduce new tech: they run way more r&d before implementation.

[@y4nns]

Probably and also they exaggerate this number a lot because it is still only 14,000 cars which are fixable so it shouldn’t be too devastating for rivian

[@unconventionalideas5683]

I mean, an awful lot of these recalls are engineering faults, not quality control issues.

[@cmdr1911]

The worst part is when they do the recall repair wrong. Ford had a recall on my explorer. When they replaced the toe links they didn't align it and destroy 1500 dollar tires and blew out while on the road. Then the dealer refused to take responsibility. I like my ford's but the explorer will be traded for a jeep soon.

[@xxscottvv]

Don't buy a Jeep if you're worried about having issues.

[@cmdr1911]

@@xxscottvv have a wrangler with 110k miles. Only issue has been the windshield wiper motor died. It also helps that my father in law has 35 years with the company so get them at a pretty good discount.

[@Tokamak3.1415]

@@cmdr1911 You have a tire blowout on a Jeep that might be the end of you. Jeeps are very capable vehicles off road but I would not drive one as a daily driver.

[@aizazshamshad4613]

Most of recalls are of airbags. We should make research over alternatives to airbags sensing systems or airbags blasting.

[@NorthernExposureATV]

The car company doesn't loose the money, it gets billed yo their supplier as per their contract. The logistics of how they do everything and anything runs way deeper then ppl expect. I worked at a factory and was totally blown away at how complicated things are. It's all necessary for taxes/insurance and loss

[@NorthernExposureATV]

@@B3B3TTER right, as a guy who installed those parts, you'd half to be entirely rtrdd to not bolt anything on right, you typically have a 14 second cycle time and 1 or 2 parts and maybe a handful of fasteners to deal with. It's very rare that it's a process error then a product failure as you stated.

[@abhinavrathor9856]

@@NorthernExposureATV But don't these companies have Insurance to fall back on?

[@NorthernExposureATV]

@@abhinavrathor9856 they all do, they won't if they have to make all those claims though. You can contractualise just about anything, and why not specify liability?

[@ShainAndrews]

@@NorthernExposureATV The guy that installs... has zero insight to operations. You are forty some levels removed from any costing. Probably not even Canadian. Just fronting to be cool like them.

[@NorthernExposureATV]

@@ShainAndrews nailed it 👌

[@dragonskunkstudio7582]

I just read the recall on the Rivian. The front upper control arm wasn't tightened enough and can come loose.

[@in2thewild]

you can come loose

[@beaurichardson6496]

I have one they fixed it for free wasn't really a issue for me

[@in2thewild]

@@beaurichardson6496 NOOOOOOOO

[@dragonskunkstudio7582]

@@beaurichardson6496 It shouldn't be an issue.

[@Rolexenforcer]

@@TheRealCheckmate lol

[@Alexzw92]

8:20 no mention of the fact that the recall you mention here was just a software update…. There was no physical safety issue.

[@Dansk55]

Not one recall on any of the vehicles we own. Lexus RX300, Toyota Celica, and GX. Quality old cars that just don't quit

[@davefroman4700]

Good luck affording fuel for them in 5 years.

[@yves8639]

Without car payments (average being 600+ per month) you can afford fuel!

[@nanowar1192]

@@davefroman4700 7/11 near my house only $2.1, Shell $2.3. Austin,Tx

[@harrys2331]

@@nanowar1192 California is poisoned to believe that 4 dollar gas is on the lower side :(. Even before pandemic we were encroaching on 4 dollar gas.

[@diemes5463]

@@nanowar1192 wow, i'm moving

[@thewavehunter]

U folks at CNBC do a great job on these EV and auto-related “series” stories - topical and informative. Please produce more.

[@carlosnoelopez]

HYUNDAI is on the same boat. I got a Santa Cruz a month later back in the shop for 4 months.

[@joelrivera2245]

I did love the modern concept of putting news in KZbin! ❤

[@arun279]

there should be separate terminology for hardware and software issues I feel, especially when they can be updated OTA.

[@Ksins1]

USA is doing everything to make the people of Europe live badly! So that the European economy will fall! USA does this in order to rule the people of Europe and send them to war with Russia, so that the people of Europe will fight and die in the war with Russia! USA in this war will sit across the ocean and sell weapons to Europe and laugh at the Europeans! USA needs a war between Europe and Russia in order to survive itself, as the Anglo-Saxons have always done!,,..

[@TeNgaere]

So many things designated as recalls are really just a requirement for an over the air software update. Wish the media coverage would take this in consideration. So many, majority of recalls OTA = "Over The Air" software updates. Which Tesla often has done before their warning is actually issued.

[@turbo_brian]

Every manufacturer times recalls strategically. You have to identify the problem, understand it, design a solution, and then build up inventory of the solution and validate it and introduce it into production as well. So if you are in that process and someone else announces a recall you could easily pull your recall forward and have less inventory built up and be able to roll out the fix to customers more slowly, but if it saves stock price it makes sense. Probably some of them wait a bit too to see if they can use this trick.

[@dom3shot993]

You dont need dealerships to sale. People who want the vehicle will buy it regardless. You just need maintenance shops.

[@limpunsing2229]

The complexity of new cars today is the culprit That even maintenance & repairs are a big problem

[@KanjaWolf]

I worked and still work on embedded systems in transportation field, also have ton of friends working in different corporations - a quite recurring problem - it is because management always wants to tell what you should do and rarely listens to the development teams, who have actual knowledge of the system. They usually want to band-aid anything that can't be done before the deadline hits. Let's be clear, systems became so overcomplicated it should take more time to verify that everything works as it should. Every vehicle should be tested like planes, yet managers want to cut corners and get bonuses. Why? They don't care about long term profits of the company as corporationism in US killed employee loyalty we knew from pre 2000s. They gonna get their bonuses for speeding up the project and move to the other company in different field, before fire starts, while engineers will stay after hours to spend even more time and corporation money to actually fix the issue.

[@JasonKing247]

Tesla recalls are more of software updates that happen wirelessly when parked in your garage. Surprised they just glazed over this fact.

[@envisionelectronics]

Unsurprising - FUD SELLS, especially the Tesla sort.

[@MrMarauder96]

I’ll never forget the amount of money used for the takata air bag recall. The vehicles just sat in the back for months… 4.7k a month

[@lucasrem]

Was it needed ? guess not how many vehicles don't do airbags ? let the consumers pay for it, of let them buy Tesla now !

[@lzh4950]

4:41 Some Hondas in my country reportedly had their Takata airbags deactivated by their owners as there were a lack of replacement parts, probably due to Takata becoming bankrupt or their car dealer having already closed down (so no one was left to replace the airbags)

[@AudioVisionary000]

This is a business model. Look at washer and dryers for example. They used make quality stuff that could last years sale with cars as well. They soon realized they can make more money by making products cheaper so cuz can continue buying more from them.

[@johnswanson217]

People complain why they have to wait for new cars for years. Well poor quality is what you get with short time.

[@lupavo1738]

The thing is, with Tesla, people wait for years for their new car and it still comes with quality issues. How ironic.

[@The_Lone_Aesir]

Can't help but notice that chart at the start of the video didn't have any japanese auto makers.

[@abradfordajb]

The vast majority of Tesla "recalls" are resolved quickly & easily via OTA (Over The Air) updates. There really needs to be a re-examination of the use of the term "Recall".

[@marciliojunior4919]

"Resolved" these software updates are always bandaid fixes and the problem will occur again

[@dukequack6209]

@@marciliojunior4919 any examples?

[@tinashemashoyoya1115]

Great documentary, only please remove that irritating music in the background

[@roboteagle5000]

The background music is super lame!

[@IGGEII]

Why the heck BGM is almost as loud as VO? 8:30

[@davidtsang1807]

@3:02 "Take the number of vehicles in the field, A, multiply by the probable rate of failure, B, multiply by the average out-of-court settlement, C. A times B times C equals X. If X is less than the cost of a recall, we don't do one." ...Fight Club, 1999.

[@davefroman4700]

GM has to be the worse one. They still haven't finished replacing all the Bolt batteries. And rumor is the ones with new batteries are now having the same issue.

[@shashankshekhar2611]

GM as a car company is a bad joke at this point, they excel at pretty much nothing and is shadow of what it was 20 years ago . funny part is the cluster of companies it owns are all garbage in Quality control and reliability, Chrysler, Fiat etc.

[@kl3nd4thu]

That's pretty bad. GM's stated goal was to only manufacture electric passenger vehicles by 2035. It may seem far in the future, but if they can't even hammer down electric batteries by now, I don't know if they have enough time. And they still need to construct massive battery production facilities too. That in itself will take years to plan and build.

[@davefroman4700]

@@kl3nd4thu 99% of all the business models in history? Have failed to survive technology disruptions. The automotive industry is just one sector that will be disrupted by technology over the coming decade.

[@aymanhawari2589]

Advantage is just ask them for a new one every year 😆

[@speedyme200]

...To cut corners to save a few cents here and there and to sell as many vehicles as possible

[@AllenHanPR]

Seems to me 2 things need to be in place, if more than one automaker uses parts from the same company they should all chip in money to do quality control testing and if you want data from that product you need to pay into it. Then they need to start recall centers with qualified mechanics and dealerships, if it is a easy fix. have a mechanic do it and the cost gets passed onto the automaker, the automaker saves money by not having to ship a car back and fourth. The same way why CVS and Walgreens both do prescriptions cause its located everywhere.

[@computersales]

More shady dealerships isn't the solution to recalls. Right to repair is the solution to recalls. If it was easier to get parts and do the necessary repairs this wouldn't be an issue. Also we really need to get with the times and stop labeling software updates recalls.

[@sandroaces]

One problem is that dealers are always trying to sell services that people don’t actually need or a car and people rather not deal with them.

[@Ehumanist]

What a joke about Tesla's recalls. Majority of it is software updates over the air that never require anyone to send a car to a service center..

[@BoxiesAU]

That was one of the key takeaways from the video - Regulators (and regulation) hasn't kept up with software updates. It is still a 'recall' by definition and can have equal if not worse consequences. An automatic e-brake that engages incorrectly, lets say on the highway at 110kmph, is going to give you a bad day as a loose seal or fastener.

[@andyt1313]

My 2021 Yukon has had 4 recalls so far.

[@timcumming7319]

The cost of not doing recalls is people losing their lives. Forgive me if I don't care if a company loses some money fixing an issue they caused.

[@AD-yo5my]

Thanks for letting people know

[@lzh4950]

Probably to raise economies of scale & reduce costs, my country's public bus operators are having fewer different models & variants in their fleets now than before. For instance we have ~1600x Volvo B9TLs, forming ~65% of the country's double decker buses. Imagine how many buses would be taken out of action if the B9TL was recalled for whatever reason & how much capacity will be lost in the public transport network as a result. Also read that Washington DC's Metro lost almost 60% of its capacity when the 7000 series of rolling stock were recalled (since they formed such a big proportion of their fleet, having replaced 3 older series)

[@novakaine127]

How the hell does any start-up anywhere, get a higher evaluation than a company that's been in business over 100 years?!?!

[@BoxiesAU]

I wonder the same thing. Ridiculous. Tesla being 10x Ford is also stupid.

[@tHebUm18]

Not having the baggage of a large and dying internal combustion business as EVs become mainstream.

[@xsforreal]

Stocks aren't only valued on the present, but the expected future of a company. Electric cars are the future and have a larger potential than ICE manufactures

[@ronblack7870]

@@BoxiesAU tesla has 10 times the profit margin per car as ford

[@BoxiesAU]

@@ronblack7870 it’s actually under 5x, and there are questions whether that will be anywhere near sustainable as lithium demand goes up; that’s the only reason they are at that level, it’s not exactly a secret. Maybe they will overcome that challenge, not saying they won’t. But Tesla is insanely overvalued, give it 5 years and it will be at 300bn market cap, maximum. Put in your calendar right now

[@stonergirls9806]

The Rivian recall was a 5mins repair to tighten a possible loose fastener in the interior. Easy fix

[@lucasrem]

why you all cry recall here ? Not understanding it ?

[@curiousdaniel78]

The video didn’t mention anything about software recalls companies like Rivian and Tesla will do a recall that could easily be fixed with a software update. Which it is still bad it’s not nearly as bad as a major part failing.

[@kevinc2332]

Considering these cars highly dependent on software, it could actually be worse. Just a thought.

[@ShainAndrews]

Faulty thinking. This is why we don't let children make decisions.

[@lupavo1738]

Also the Rivian recall wasn’t a software issue, it was hardware.

[@austinhernandez2716]

My Toyota Tundra has a recall because if the bright headlights are on for too long they can cause a fire. I'm not worried though. That shouldn't be a problem if you only use them on the highway. I understand if you idle with them on for some stupid reason. So I haven't sent it back, I'm not worried about it.

[@AA-vr8ez]

Keep a fire extinguisher handy

[@RollinHomies]

I think the video actually starts around 10:10, but really not sure 🤔?

[@amazon4716]

Tesla also has recalls.

[@Crashed131963]

LADA never had one recall ever.

[@worldofdoom995]

Because you had to wait ten years to get one

[@Crashed131963]

@@worldofdoom995 LADAs were made to break so you could never could tell if it needed a recall or it was by design.

[@redbean9410]

No one has ever heard of a LADA either

[@AD-yo5my]

Keep up the good work

[@brett4264]

Loved my '76 Ford Pinto. I fixed the problem myself. I just had to cut off gas tank mounting studs that were too long. If read ended, the studs would pierce the gas tank.

[@MarcDeVinney]

This comparison of all “recalls” when the bulk of these are software updates is a real problem for consumers to understand. #applesandoranges

[@chazerrrr]

Excellent point. I am currently waiting on their explanation of what a recall is.

[@sebastianreyes8025]

There needs to be a vocab change, boomer and tech protocols are colliding. Tesla issued a "recal" that ended up being a software update, like you would have on your phone, that happend overnight automatically for some customers. Over a month later some recived a notificaiton by paper mail that there was this "recall" happening. smh

[@TexasRiverRat31254]

Why is the music so LOUD at times?

[@PrinceFame25]

Most things happens in three’s, I’ve noticed ones something happens two more similar incidents occurs!

[@abdi_]

Wasn’t Tesla’s recalls a software one?

[@JT_771]

Most, not all.

[@lupavo1738]

Yes, it was.

[@jasonbrown7258]

Ford should have recalled every 6.0 motor out there.

[@olevratreadway505]

My 2016 Toyota Corolla had a recall for the airbags in somebody did a hit-and-run on my car and it’s total

[@JonesJones-np2kq]

Why do they need a dealership network?

[@auro1986]

how? rushing r&d, production and adapting to new technology only because it's new

[@heinousanus9352]

WTF's "Big bet on EVs" mean? It's not a bet, it's an inevitability, they either do it or they die.

[@deejaybenjamin6812]

As a technician, I hate to do a recall and warranty because they pay less to Technicians and dealerships are very smart to take advantage of it from manufacturers if the tech is paid for 20/ hrs, the Dealership charges them 25-27 or more hrs from manufacturers. Why technician is satisfying to your customer where manufactured are the mistakes to produce a problem with the vehicle

[@vectorfox4782]

Wait for the Lucid recalls

[@JH-jm8ib]

Recalls happen when 1. Manufacturers Cheaps out on Research and Development amd churns a half assed product. 2. Manufacturers are Using cheaper parts 3. production are rushed due to an idiot boss rushing to meet quotas 4. Factory workers who don’t have a pride of their work.

[@Enforcer_WJDE]

Trying to save cents per car ending up paying billions...

[@pahanin2480]

Not having any dealerships is not a valid vehicle quality reason for higher recall rates

[@jenbeals7953]

The background "music" in this video was too loud and somewhat painful to listen to for the whole video length. Even when I turned the volume down to where I could barely hear people's voices, the background track came through with a bit of a digital/ metallic quality that hurt my ears.

[@larrydugan1441]

I have had several nuisance recalls. They are nicely spaced. The dealer always does the up sell. It is obvious some of these recalls are to generate traffic to the dealer.

[@xxxCHAIxxx]

The problem with Ford right now is that they've been cutting corners for years and they have a pretty poor culture at their factories pushing quantity parts for short term profits over quality.

[@theholt2ic219]

Ford, GM, and especially Chrysler make probably the poorest quality of vehicles. There is a reason why they sit on dealership lots far long. It’s been tough if you want a Toyota because a lot of them don’t have many models at the lot. And across the street is a Chevy dealer full with cars on the lot. The investors just don’t care about quality anymore because GM and Ford actually made some good cars in the 90s and early 2000s. Now it’s just about profit, cutting costs, cheap parts and materials and fix it later. They blame everything and everyone else except themselves. Toyota and Honda did themselves a favor by building good cars in the 90s and 2000s. everyone remembers that good old reliable civic/Corolla/Accord/Camry and buy the new models.

[@kcx047]

Didn't know Don Draper joined NHTSA

[@stansanders6959]

You didn’t mention Tesla was an over the air update.

[@the_notorious_bas]

I think that declining an interview is also bad for a company's reputation.

[@af31ns]

Good hell, CNBC, please take the background music out of the video so I can hear the narration!

[@amazon4716]

Better to be safe than sorry Be a responsible company.

[@timothydevries383]

Because the design, manufacturing & cost requirements cause ridiculous catch 22 situations.

[@itisim]

Rivian been getting target lately now watch they pull through and a short squeeze happen after recession

[@ocampbell1954]

LOL at pull through. That company is literally bleeding money. They'll probably go bankrupt because they can't scale.

[@chadhaire1711]

Rivian will be out of business once the big companies get in the electric game...

[@itisim]

@@chadhaire1711 yeah rite

[@chadhaire1711]

@@itisim Yeah very right....Lucid, Rivian.......only reason they are in business is because the bigger companies are taking their time launching EV cars......once they do there will be no reason to own a Rivian or Lucid......they will go under just like Nash, De Soto, Hudson did in the 1950's.......the poor fools who paid $100K for this loser rides will have a useless paperweight sitting in their driveway.

[@itisim]

@@chadhaire1711 thats why rivian have time the big boys to slow 😆

[@markspoor4663]

Recall customers should be paid for thier time to reolve this.

[@elischwartz8868]

My 2022 Wagoneer just

[@KPHTvOfficial]

Rule #1 no company willing to spend billions to recall products with a silly defect. It has to be way worse than we thought. So i would disregard the simple reason they give me and send it back.

[@ld871111]

Maybe spend a few millions more on quality control so you don't have to spend billions on recalls?

[@nicholasrice8693]

I still daily drive analog cars that are 40+ years old. They are cheap, they run forever, and they have style and body lines that you will never see again. I don’t think I have ever spent more than $6k on a car and my cost of operation is really as low as I want it to be.. Tech encroached into every aspect of our life, i don’t believe that tech is necessary a value-add for automotive products except regarding safety and efficiency.. still, that can be done without adding a 20” tv on the center console.

[@anthonyrussell5718]

to me these problems generally come with american vehicles like ford and rivian that is why i trust the japanese brands and i've also invested in some toyota stocks and i'm looking to buy tesla stocks but a friend of mine said Instead of trying to predict and prognosticate whether or not we’re going into a recession and precisely when it’s going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventuality, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.

[@geraldantonio3160]

@Alexander Webber >>>>I got into a bit of dilemma myself due to this chaotic market, wasn't sure if to sell or just wait a little longer, 75% of my portfolio was tanking and in the red, but I began gaining clarity and have more confidence in my invest. through an investment-adviser, I know most DlY investor like me would say advisors aren't essential, but come to think of it, they're better trained and equipped at this and if I have to give just a little amounting fees for me to be able to net $650K in less than 8months like I did this year, I truly don't mind.

[@KingDavid-jj7tk]

@Patricia Martin The US-Stock Market had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable considering we’re not accustomed to such troubled markets, but there are avenues lurking around if you know where to look I’ve netted over $850k in the past 10months.

[@geraldantonio3160]

@@KingDavid-jj7tk That does make a lot of sense, good for you though, unlike us, you seem to have the Market figured out.

[@c.bulakh6231]

Yeah because japanese automakers never have issues and recalls, hypocrite japanese fans always talking crap🤷

[@atavanH]

If NHTSA really cared about safety, why don’t they do something about all the pedestrians getting killed by the lifted pickup trucks, and giant SUVs on the road?

[@johndodge8999]

What's an auto video without some Tesla FUD thrown in. 😂

[@CasimiroBukayo]

Recalls happen when decision makers prefer listening to the idiots at marketing rather than the engineers themselves.

[@elgsquilliam]

Alternative headline: Car makers should build their vehicles with a higher quality

[@saynotop2w]

That seems to me like the problem the auto makers themselves caused

[@johnhender]

What's get me is they always claim they tested the vehicles for millions of miles - but something is always breaking ( BMW, Audi, MB Etc ) and they can't seem to make cars reliable like the Japanese. I think they make these vehicle to fall apart after the warranty is over I wonder how long all these electric cars are really going to last when used in the real world not the Tesla Fan Boi world.

[@brandanrox]

Dodge! What wow! Who would have known that they would be thrown on the list!

[@ronblack7870]

almost all tesla recalls are just software updates. it's nhtsa that insists they have to do an official recall. and tesla is the only company that can even get close to if not 100% " repairs" since they are over the air updates.

[@slomotrainwreck]

@11:45 "Ford and Rivian declined CNBC's request for an interview" What?! You guys have something to hide?! 🤔😂

[@npc2480]

Perhaps, Americans smoking all of that weed isn’t working out too well in the design and quality assurance department.

[@mdc4runner]

Hey! I currently resemble that remark!

[@AtomicEy]

They are?

[@Th1swayD3athgaming]

i sat in one of these...way less luxuries and not as great looking ...they lease the batteries so you have to pay for it unlike tesla...

[@turbo_brian]

They weren't afraid to recall every car in the fleet and they'll do it again! Srsly they totally will do it again just wait lol.

[@andrepow]

Dude, all those Tesla recalls are just over the air updates.

[@A22DNAL]

Lots of people here screaming in defense of these crappy teslas. Like, that is great that their recalls only consisted of software. It is b/c all the mechanical issues come after your warranty runs out. That car is trash. I also LOVE how Hyundai/Kia are low on this list b/c they are not including the engine fire debacle they already have had to recall twice.

[@nachof248]

because they didin't spend that amount before in testing they want to "save" QC money, well, this happens in the way

[@maybesomeday2596]

Oh my God…that repetitive background track; why?

[@eleventy-seven]

Like Hyundai. Almost every single model and year have been recalled. Look up a random Hyundai made more then a couple of years ago. Not that the new ones are better. It just takes a little while. Dealers have engines stockpiled for replacement.

[@abdulaziz-kt5ih]

banger music

[@calebwhite1454]

Maybe one day they'll figure out they can use better quality parts and electronics and save money in the end.. still waiting

[@DJRenee]

Let me get my horses and buggy's ready