I've NEVER SEEN A FIGHT Like This In The Car Market!

[@waiakalulu7544]

I remember the Sears and K-Mart merger. It was like two drunks handcuffing themselves together. Sad!

[@rager1969]

Eddie Lampert cannibalized and defrauded Sears, in my opinion.

[@bobwallace9753]

@@rager1969 Could Sears survived when faced with Walmart and Amazon? Sears and KMart replaced lots of earlier brick and mortar stores, including our family hardware. And those standalone hardwares and clothing shops replaced general stores. Business evolves.

[@jeremycole3008]

Funny assessment, love it. Made me Giggle

[@Zindo.Majesty.HisMajesty]

If you strike and no one notices is it a strike?

[@iam_kaution]

The market will notice either way

[@YoutuberRick18363]

Maybe they should lay off the corporate C-suite people that made the stupid decisions that have led them to this current predicament.

[@rogerrussell9544]

Tavares has the blind unreasonable support of Elkin, the head of the board. I wonder what else those two have going on? I hope their wives are understanding.

[@patbromwell8701]

Or Tavares has pictures ​@@rogerrussell9544

[@matthewgaines10]

The workers are just as rational and self aware as you are. Neither Stellantis nor the union are acting in their own best long-term interests. The problem is Stellantis is supposed to have hired people in leadership who are compensated at a level where they supposed to know better. The dealers also knew they were taking a calculated risk with the pricing strategy they took. Being left holding the bag is largely on them.

[@bobwallace9753]

Workers can't save a company that makes terrible decisions. Leadership chose to ignore the transition to EVs. The China market is just about gone for Western ICEVs and that is where many western legacy companies were making a lot of their profits. We can build a wall around the US to keep out affordable Chinese EVs, but the US market is too small, overall, to let GM and Ford cover their debts. Stellantis looks to be fleeing to Europe where they will die.

[@andybrowne2117]

I liked the last comment about St. Allantis making affordable products , good to see someone has a dry sense of humour !

[@SteveHerrick-yi4md]

you guys do a good job! Im enjoying the topics, and I have been a subscriber since the start, Thanks!

[@waiakalulu7544]

Foreign ownership destroyed a lot of brands: Black n Decker, Delta tools, Porter Cable, Starrett ….

[@bobwallace9753]

And the US took over textile manufacturing from the UK earlier. Manufacturing moves in search of lower costs.

[@nod00071]

They also dont want to make any deals.. Tried to get a Ram.. no deal

[@brentkiely657]

stellantis vehicles are crap . I stay away from junk auto manufacturers ... thats why i bought an older toyota product. (2010 camry LE with the 2.5 4 cylinder and 6 speed automatic) also stay away from vehicles built during the pandemic. New and newer vehicles have bad quality. If you buy the right vehicle used (do some research on vehicles you are looking at ) and maintain it properly... you are likely to have a good ownership experience!

[@azbob1951]

. . . my hat's off to you!

[@Nonfiction.Reader]

Thanks for the update.

[@jeremycole3008]

Even though we didn't have the internet & KZbin in 1980, I don't remember people paying this much attention to American Motors when they went out of business

[@vampirejesus8170]

Heard that the new Dodge EVs are bricking at dealerships after they are moved off the trucks delivering them.

[@davidbeppler3032]

software is hard.

[@capnkirk5528]

@@davidbeppler3032 Nah , it's easy. Managing software developers - THAT'S HARD (I've done both).

[@bobwallace9753]

@@capnkirk5528 If EV software was easy then we wouldn't see ICEV companies failing to produce good EVs. They know how to build a car body. They know where to buy batteries and motors. They fail at the software part of the package.

[@Oilfieldscout]

If they strike just before layoff, you get strike pay. Delays unemployment.

[@BigEd1001]

The union isn't going to strike the vehicles that are not selling well, but the ones that are selling, although I don't know that Stellantis has any vehicles that are selling.

[@steven4315]

Stellantis parts centers are union. UAW strikes, dealers get no parts.

[@josephszot5545]

production is all in how damn fast they run the assembly line you keep up.

[@kevo355]

Stelantis does not need to cut production, they need to produce basic/cheep car, cut the bells and whisels.

[@umarmujaahid1136]

No what he (Stelantis) needs to do is lower M.S.P.R prices and let franchise dealerships set up their own prices.

[@SkoolieB]

Why can’t they just give the worker 2-3 weeks of paid vacation. That would halt production, and preserve jobs. I know a temporary fix, but they could cut a few million off their ceo’s yearly “loss” bonus.

[@TAmattdamon]

My sister was thinking about buying a new charger since they under 30k i told her hell no just get a camry,it last waaaay longer.

[@MH44444]

Any bailout needs to be connected to a requirement that the company builds at least 2 cars that are sub 25000 final price out of the lot. Otherwise you get no bailout.

[@bmacaulay18]

While that would be awesome unfortunately all the safety regulations, fuel economy regulations, and lawyers make that impossible in the USA.

[@gmads01]

⁠@@bmacaulay18 GM does it with the Trax/Encore Gx

[@MH44444]

@@bmacaulay18 No it doesn't. They all dumped their low cost cars, not because it was impossible, they could price them for a profit, but because the margins were low and they wanted to milk the cash cow.

[@NoCommie]

How about we don’t bail them out ffs

[@bmacaulay18]

@@MH44444 I was in the car business for 30 odd years. Automakers dumped the cars that didn't sell in high enough volume. Just like manual transmissions have disappeared in modern auto manufacturing. Auto manufacturers would love to build cheap cars they could sell in high volume. The problem behind all that is US requirements make it cost prohibitive. I would gladly buy a car without airbags, all the computer BS, without traction control and all the other crap but the problem is primarily the laws and regulations won't allow it and secondly the first time someone gets banged up in a car without airbags and they sue the manufacturer because they built a car for people that didn't want to pay for extra safety crap the party is over. Sadly the only place that gives consumers free choice in vehicles is the motorcycle industry. You can get a fuel injected bike or not. You can get an ABS equipped bike or not. Freedom is scary but government mandated regulations and tort law is safe for those who would never take responsibility for their own actions.

[@mwaynem]

Could a strike open the current contract? Very risky in a down market for their products.

[@clintonlunn4357]

A strike is not what the company wants. The company wants to lay off the numbers selectively

[@ZiskaR-m6o]

Reduce there 2024 vehicles cost by 40% I bet their sells would go way up

[@kellenstrickland3847]

More like 50%

[@ralphee7487]

No more blue light specials?

[@r.a.monigold9789]

Layoffs are like hurricanes - losses versus survivors generates fear from the laid off versus guilt from the still employed. Friends and families will be torn apart as neighborhoods are peppered with the well fed still employed and the starving laid off families. The big hint - when the employee parking lot is filling up with vehicles the workers just built. 1933 Ford laid off half their workers who then RIOTED and attacked mangers and assembly lines. Many on both sides were killed.

[@NIKKG]

The fact is, we are in a Great Depression, we are only masking it by printing massive amounts of money and going in trillions in debt. All these financial games are starting to come to an end and your gonna see alot of bankruptcies all over. Thats just the reality of whats going on.

[@bmacaulay18]

Who is we and where can I get one of these printing presses? Apparently I too have found myself coming up short of cash and this printing press sounds great.

[@jordez1]

You’re completely right and then the democRATS will blame it on Trump for sure.

[@matthewgaines10]

You don’t understand basic economics if you think this is a Great Depression. Just wait and see how bad it will get to just qualify as a depression. You don’t get to redefine the meaning of words with your feelings.

[@seth101-hv4st]

The Federal Reserve has the printing press. If you try and print it up you might end up in federal prison.

[@davidbeppler3032]

Trump gave away more than a Trillion on day one of his presidency. Then Covid hit. His solution was to get in a trade war with China, that he lost. Instant depression. His solution was print money. Biden continued printing money and jacked up the FED rate to compensate. We are screwed and Trump wants to do it again?!

[@tHebUm18]

I didn't watch the UAW video, but I assume such a strike would target the high margin vehicles that Stellantis wants to keep making to be profitable.

[@MH44444]

Wow the union people striking is a win win for the company. I've never seen that scenario before. I like Shawn Fain he fights for the workers. Just there is no leverage anymore for the US autoworkers. Unions only work these days in places where there is no global competition like police, teachers, even truckers have more leverage because deliveries still have to be done locally.

[@theresasmith1]

The company is still moving plants outside of USA for cheaper labour, and operating costs. They will use the excuse of strikes causing shortages and to layoff workers to leave .

[@leighcounry9956]

This is like the car glut of around 2005 or abouts. Too many global car manufacturers around the world had too much production capacity. Even with a larger global population increase and if more people global buy cars, due to efficiency, scaling up and productivity there is too much car production capacity. And due to the 2008 Global Financial Meltdown most Western governments introduced Cash For Clunkers in order to (1) save auto worker jobs and (2) remove older polluting vehicles. At this point, the world is heading into another round of global auto manufacturers needing to consolidate and reduce production volume.

[@bobwallace9753]

New car purchasing peaked a few years back. In the last few years new companies have entered the market, making millions of EVs that people are buying. Think about the ICEV business as a game of musical chairs. Chairs keep getting removed, someone ends up falling on their butt. But what is different about ICEV musical chairs is that there will be zero chairs because the supply chain will collapse over time.

[@raycebannon6374]

Let Stelantis go BK. No bailout for their union workers nor the corp nor the corp officers. Only assets worth purchasing for another auto manufacturer and/or a hedge fund are the RAM & JEEP brands

[@adriandenson2014]

For the algorithm

[@postman-e6q]

So you don't think that having massive inventory all over the cou try would help Stellantis by coming to work???

[@johncason3760]

There is a buyer byd but that is if the government will allow that to happen and that is why they are getting sued by share holders because the did not bring that up to share holders that byd made a really great offer

[@capnkirk5528]

No, no NO! That not how it works, America buys out other countries industries and imposes economic imperialism, not vice versa. "It's not fair" (in best Trump voice).

[@rager1969]

Chrysler has gone to the brink f closure how many times now? It wouldn't surprise me if Stellantis spun them off in order to wash their hands of them. I also wonder how Studebaker looked when they went out of business.

[@capnkirk5528]

Ray, do you KNOW HOW a PRODUCTION LINE WORKS? The Industrial Engineers who design these things treat the employees like ROBOTS. When you're JUST a cog in a machine, YOU turning faster just F**KS UP THE MACHINERY. If you want the thing to go FASTER, it (pretty much) HAS to be the WHOLE THING. And generally, if you want THAT, you have to REDESIGN the whole thing. (What TESLA did). The best 40-year-experienced airplane engineer isn't gonna be all that helpful if you start building HELICOPTERS. WHAT, they BOTH fly, right? The best 40-year-experienced ICE engineer is great at solving problems that DON'T exist in an EV. And you can only do so much with kaizen.

[@ThreeBoysFishing]

To funny I bet without a hat on there is a lot of sunshine on that dome 😂. I to wonder if these vehicles are getting made the way they should be even purposely getting made wrong out of spite it’s scary.

[@AndyWicker]

Subscribed early. If Jeep, Dodge or Ram go under, can't Valdemort (shall not be named) use it as a tax write-off? Hm?? The loss can be an advantage in the right situation. Hm? I don't believe they are all ONE corporation, or one tax liability, especially given the "oceans between us", shall we say. What say you? NO! Leave the hat on!! :)

[@preeyakumari-i2q]

Who knows what hankypanky is going on between America and Europe tax laws loopholes !

[@ragtopdeluxezl1]

Someone needs to help this disaster along... They charge $100,000 for a Jeep they kill ICE cars and build a car nobody wants (Hornet) and are bankrupting those dealers. The union is just making them tell the truth on what their intentions are.

[@rickytorres4213]

Lol threaten overtime

[@garypope6382]

Union guys working hard? Maybe getting loaded at lunch.

[@SunofYork]

shrup trumper

[@raymondhumphrey2749]

RayRay 🖖

[@bradybernhart670]

Every single thing Stellantis said during the union negotiations was a lie in my opinion.

[@mylegsasleep1934]

Same thumbnail every day. Idk why I keep seeing this thumbnail day after day on my feed.

[@CarCents]

I'm making atleast 1 everyday... Forgive me for not changing them up... Its hard to come up with something original everyday. Also, they seem to be working fine

[@Fastapproaching]

The UAW doesn't understand they're the main reason nobody's buying their vehicles, you can't get a 35% raise and the price of what you're making not go up

[@davidbeppler3032]

Union workers can afford 2 or 3 $80k new vehicles. So the price is fair. Right?

[@wty1313]

The Stellantis problem started LONG before the Union raises when Stellantis decided to try and go upmarket on their pricing. They even mention it in the video.

[@afox9000]

I disagree if you can pay your top tier people millions and give em a golden parachute after failing at their job. Then the company can afford to pay the workers a good wage. I will agree that the unions over reach from time to time.

[@Fastapproaching]

@@afox9000 it doesn't take a bottom tier person to make $75 an hour to put lug nuts on a wheel if you do this is what you get $100,000 vehicles

[@preeyakumari-i2q]

@@Fastapproaching. The ratio of pay has been the same for auto workers since the 70’s

[@bobwallace9753]

So Stelantis looks to be the first legacy company to fall because of being EV-stupid?

[@andybrowne2117]

I am 60 years old and my hair line is like Rays ! Even when I was a teenager my hair line was receding and in my 20's I had a bat wing style hair . My hair got shorter and shorter as the years went bye , at first a No1 setting on the clippers , now it's the shortist 0.5 on the clippers ! [ I just cut it yesterday ] So there is no need to worry about lack of hair ! NICE SHOW BY THE WAY !!!!!

[@whatsamattayu3257]

I just look at it as more face to wash.😆

[@andybrowne2117]

@@whatsamattayu3257 Good point !

[@AMTex-it-ek7vb]

i will not recommend to any friends to buy Dodge or Ram or Jeep, I watch all these channels and just what said, the care attitude has to be in the toilet. Pump them out, so what if all parts not on there

[@wescam2958]

The premise that Stellantis WANTS to see a strike does not make sense from the standpoint that Stellantis has 8 lawsuits underway against the UAW for threatening to strike. If Stellantis wanted a strike why would they be suing the UAW over the threat of one?

[@stevenbesson8988]

Posturing, they have to make it seem like they don’t want the strike, otherwise if they said yes strike then it would be obvious they want out of that contract with the workers.

[@25Patman]

Most things are a game to those with power. Just saying.

[@wallye8713]

Please Stelantis don’t go on strike till January 2025. I want to buy a cheap rogue in Dec 2024.

[@mattneil1449]

Why would want such a turd of a car? 😂

[@bertpeters1866]

You should rethink your choice, and Rogue is Nissan, not Stelantis.

[@ScroggerDave]

First

[@ltcrmarsh]

I wish videos with good information could be reduced down to 5 minutes. I don't have time to watch 20+ minute long videos. Enjoy the content.