GM CEO Makes HUGE MISTAKE, Now Dealers CAN'T SELL TRUCKS & SUV's
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- čas přidán 28. 08. 2024
- GM CEO Makes HUGE MISTAKE, Now Dealers CAN'T SELL TRUCKS & SUV's
Our latest video helping you buy cars is all about GM EV program. We're breaking down the situation so you can buy your next car with ease. If you're out shopping for cars, SUVs or more, this video will help you with how to pick a vehicle for a good price.
Oh yes, and don't forget to SUBSCRIBE for more car lovers lifestyle: / @markholubetz
Mary Barra has ruined GM. She should be forced to resign
DEI at its best.
126,000 for a bad vehicle no thanks. The TRUCK INDUSTRY HAS LOST THEIR MINDS.
Stop being sexist you bigot.
With a $20,000,000 bonus too instead of $25,000,000
But she’s a WOMAN! Hence it’s not fair to ask much of her.
I can't afford these trucks. I want a 4x4 1/2 ton with a V8. I DON'T want an electric anything.
This is the same GM exec team who said people don’t want Apple Carplay in their vehicles.
What's apple carplay? I still drive a 95 f250 and 96 Buick.
i dont want it or google
I have no idea what that is so I guess I won't miss it.
I know what it is and use it daily I can’t imagine going to a scenario where I can’t use it
@@jamesc37 Good for you.
You said it my friend, money talks, and B.S. walks! Mary Barra is completely clueless, and out of touch with the average GM customer! All these automaker C.E.O's really know nothing about what the affordability crisis is all about making 30-50 million a year! Thanks Mark, another awesome video, take care, cheers!
Supercar pricing for not supercar trucks. No thanks.
These are yesterday’s supercar prices tho
@davea4037 or luxury car pricing for a freaking Dodge, no wonder they can't sell cars now
$126k+ is what they used to charge for a Kenworth truck...new
Kenworth? Hell you could get a new Peterbilt for that.
And at one point a brand new Lamborghini, Rolls Royce, Bentley, or a variety of other high performance or actual luxury vehicles.
i remember in my pa's younger days, $126k is a HOUSE with 2 acres of land.
now $126k is a metal box on four wheels
360g for a new w900 today in Canada.
yeah an actual real TRUCK. NOT A PICKUP.
Like the head of the Secret Service this CEO was just another incompetent DEI hire.
DEI was made for white women to battle white men for the C-Suite positions 😂😂😂
👍✅️👍✅️👍✅️
So it’s white people that are to blame? Let’s try to drive more division for people that are shit on all the time
The CEO clearly doesn't know what she's doing!
She never did know what she was doing. They need a man to run gm
They're all OVERPRICED
ALL OF THE AUTOS ARE NOW PRICING THEM SELF OUT OF THE MARKET!! The average man can’t afford this !!! SO SAD !!!
The vehicles are too expensive! Trucks are ridiculous!!!!
When people can't afford them they can't sell them. What's hard to understand..
Bottom line
For $125,000 I can keep my 2012 ram 1 ton diesel running for the rest of my life.
EXACTLY
You really think you will get replacement parts for your oldtimer in 2030? HA!
@@wolfgangpreier9160Yup, law says companies that produce and stop must make parts for ten years, then after market kicks in. That is how cars made in the40,50, 60, etc are rebuilt.
@@user-di6kx8ns1y Of course you can organize me a K-Jetronic part for the VW Citi Golf. Cars last uusally about 10 years in Europe. After 20 years more than 90% have been scrapped. For some of those you get important parts, for most you do not.
But there are some that make new parts for old cars.
They are called Chinese...
@@wolfgangpreier9160 There are many companies in the USA that make aftermarket parts, 10 years is pretty low. We just traded in a ten year old Cadillac SRX, dealer so,d it in one week.
The ceo at GM is delusional
They got used to being able jack up the prices to luxury car levels cause of covid, making easy money and now theyre paying the price
Sell cars at a reasonable price!
In Europe, You get a basic ICE engine basic version for 12000, new,
Do not buy the car You want, buy the car You can afford!
Buying a 4*4, 2 tonnes truck and complaining about gas prices is hubris
Sorry Rick, but you are wrong. Those cheap cars were sold out in 2020.
Silly prices for pickup! Market will force them back to normal whether they like it or not
I recently bought a Blazer EV and a new Silverado in the same week. I would not buy a truck without a V8, fairly simple. The Blazer EV has also been the biggest POS I have ever owned, currently talking with an attorney.
sounds like rich person problems
Who the hell would buy a blazer EV😭😭
@@03kwam65 nut bars
Again, I Keep saying that if you want to sell more trucks. Get back to a basic truck. Let the average working person modify their own vehicles. Or just let them have a basic work truck with a standard transmission and windows and seats.
150% agree
I think a lot of people say they want a basic truck/car but when they actually go to the Dealership, that is not the case
there probably aren't a lot of basic trucks on the lot
They have the option for base model trucks but even those are $40k with a 4 cylinder engine. Insane.
That 2500 pickup is only $97000 USD before fees. That's all.
That's almost as much as my house.
I owe less than that on my house
$125K? In 1970 you could buy five BRAND NEW houses for that price. And those houses are still here. Unlike these trucks, which will be in the crusher in less than a decade.
Is that all? 😂
Who is going to take $125k truck off the pavement?
Hybrids are popular, especially in certain vehicles. Battery EVs look like they're dead in the water in the US.
not for tesla. more than 50% increase in canada alone.
@sqoobie 24% off in California, which has a larger population than all of Canada and has been the strongest market for Tesla.
Don't get me wrong. I don't think Tesla is going away. They've just largely penetrated the markets that were eager to adopt EVs, already.
We don't want your EV's anyway at $150,000 or just in general
I don't care so much about the power train right now, but I really care about a vehicle that i could actually afford.
DEI - making a woman the CEO of one of the biggest auto companies was DUMB. Now I will be bashed by many for this comment, but the proof's in the mess she made of this company!
Couldn't agree more💪⚒️,I'm a 69year old woman,g.m.retiree,it was bullshit back in the day and even shittier today,have a good one🙃.
She is to gm what Trudeau is to Canada. Both are female as well
Insurance companies will have the final say on EVs. If their customers can't afford the premiums, or the insurance companies refuse to insure them, there's nothing anyone can do about it.
I have a 2023 Chevy Bolt EUV and pay $276 for six months. Just more lies from the oil companies!
@@paulstough2995 I don't know the specifics of your circumstances, but I just renewed my homeowners insurance policy. Among several pages of legally binding conditions, was a new advisory (threat?) about what would happen if l put a lithium powered bike in my home / garage. I will not be surprised if my policy next year includes EVs.
Im sorry @@paulstough2995
@@paulstough2995 Sorry, I tried to reply but YT threw a hissy fit. in essence, my circumstances are different from yours.
Insurance on my model Y is about $300 cheaper than it was for our Ford escape
She was lying the whole time.
On her back
@@mikefoehr235 if her back was still any good for anyone
She is the worst thing to happen to GM ever
It is always rewarding to get your thoughts on this constantly shifting (shifty?) EV industry. I don’t think we’ll ever see a major shift (+50%)… ever! Thanks for the video.
I strongly stand behind my thoughts of the EV market share because I travel ‘enough’ abroad (& to the United States).
I'm currently trying to find a good deal on a 24 silverado with the 3.0 duramax but I'm not paying 50-58k for a half ton, I'll be patient and wait for the crash
Great trucks but I hear ya, thats a fair amount of change.
Wise strategy since a crash has started already
@@TahoeKing I've been seeing the same trucks on carguru for over a month with no price drops. 2024 rst with the 3.0 duramax is going for 52k. I'd be more comfortable 44-45
@@iMurk903 domestic car dealers lots are literally filled with cars that are barely selling!
@@iMurk903 I'm just searched for these and i'm seeing a crap ton of these on cargurus listed for 39-40. LTs and RSTs. Set your filters to "NATIONWIDE" "FUEL TYPE: DIESEL" and sort it priced "Lowest to Highest". There are LOADS of them posted for 39-41.
That gmc crew truck is very good looking. I'd get that over ford or the other competition just on looks. The price is just too much.
She recently said that she wants to double down on Eletroc cars.
I went in to buy a new SUV. One I liked was $126,000.oo! I spun around on my heals and headed for the door.
I maintain my vehicles and keep them in perfect condition. I’d rather put that $126,000.oo in the stock market. In ten years I’ll have more than double the money rather than a ten year old clunker. New cars are the road to the poor house.
I would be willing to pay $50,000.oo. That’s being generous.
I can tell how CLUELESS she actually is.
It’s all about the dollar
@@markholubetz We know that, they under estimated the buying public, under estimated the amount of ev charging stations now they are stuck with cars they cannot sell bwahaha!! Good for them since the CEO didn't know what she was doing.
the whole narrative sucks the bernaysian sales tactics have failed.
97k for a pick up? ugghhhhh
Huge money unfortunately
@@markholubetz mark i still am waiting to see when the sh(* hits the fan. lot after lot of over priced trucks. poor economy. preposterous interest rates. crappy quality. How does this play out?
@subaruamazon It will never hit the fan. Still plenty of buyers, and if it does dry up, the manufacturers will get bailouts. No deals are coming.
@@lot2196 how are they buying with 1300 1500 1700 payments?
Where is everybody going to be plugging in? Most homes don't have chargers, and most apartment buildings don't.
Where will the power come from
There have been cities that won’t allow people to charge their electric cars that are parked on the street and running extension cords over the sidewalks.
Automobile manufacturer's are waiting for Trump and Pollieve to get in office..screw the carbon footprint 😂
Yes this next year or so will be very telling
PP has the same owners as Blackface.
Don't have any kids....
I’m thinking the US is unfortunately getting the cackle queen for president in November. Then we will have our own version of Trudeau 😢
@pmscalisi More like Venezuela I'm afraid.
Up until recently I could afford a new truck, not anymore. These prices are off the rails insane prices. Used for me from now on
You nailed it! Bet those highly paid auto-union workers hate this video.😢
Overpriced crap. The EV is a fad. I want a 3500 Dodge ram single wheel, with manual transmission. Four door, eight foot bed. Is that too much to ask? Oh yes. And manual knobs on the dash, no distracting TV screen.
I totally agree buddy, that's what I want to
A fad. Your hilarious
Mother still drives her 2015 compass with over 250,000kms on it with zero issues and loves it....she keeps up on maintenance and hasnt had any MAJOR issues with it just the usual suspension parts and general maintenance.i never understood why ppl hated on them so much there great vehicles....the ppl who crap on them either never owned one or only seen and heard from ones that were owned by ppl that dont actually care or maintain there vehicles and treat them like crap
I agree people trash and people are gullible, It was always in my mind how bad Ram 🐏 was, until I did review and comment research for hours ... I'm buying 2 rams next spring . 😊
Truck pricing has gone insane. My friend bought a BRAND NEW Sierra Denali HD in 2015 for $56k. Now the same model truck is $90k+….who can afford that?
Percentage increase on sales is relative. People don’t want EV due to cost & range.
The real purpose of the EV with limited range is the government limiting the mobility of the people. Same with the degradation of air travel, train travel. Easier to control the sheep when you can fence them in.
I still drive a 02 Dodge 1500 with the 5.9 mag. Still running strong with a rebuilt trans. Appreciate your updates on the crazy market sir!
I find it difficult to believe that not even one single person in the government, or even one manufacturer ever realized that it took the oil and gas industry 100 plus years and countless billions of dollars to create the infrastructure for ICE vehicles.
They realize it, and they don't care. The government will pay for it with our money, no matter the cost.
prices are outrageous..you will have 6 years to think about your expensive decision if on finance
You can only screw the consumer for so long till they say screw you
It’s coming
People also forget that the CEO's have to make profits in order to keep the shareholders happy.
Happy shareholders mean the CEO's and various SVP's and VP's get nice bonus checks.
When the auto industry begins to collapse, the people who assemble yhese pieces of crap will be the first to go. Never a pay teduction for the CEO, SVP's, and VP's....
Entirely right….the top pops never come up short in the pay
Where are the REAL trucks? 2 door, 2 wheel drive, bench seat, V8 engine, 8 foot bed. The sort of thing that people used to use as pickup trucks. You could carry three people in them, and a huge amount of stuff in that 8 foot bed. This 4 door, 4 wheel drive, 4 bucket seat, 4 foot bed GARBAGE is pretty much completely worthless as far a truck goes.
EVs are a terrible match with a general purpose vehicle in the western US due to distances, and even worse in or near Western Canada, due to distances and temperatures.
For an urban grocery getter, they would work (at half the price), but you need to be able to charge at home for them to make any sense at all.
For a pickup truck, driving across Alberta? If you buy an EV, you've failed basic math.
Ronnie Dahl has an excellent YT channel about all things related to four wheeling....yeah, he's from Australia, but the same basics apply to anyone in the U.S. buying an EV truck. Especially a 4x4, and in the Western half of the country. Complete, major, total mistake. EVs are limited range urban grocery getters. Period. Even then, I wouldn't have one as a gift. And I'm Green. EVs are about as “green” as Ben Carson....😂😂😂😂
$120,000 is beyond insane, especially if you're using it to take the kids to school, and like bragging to other parents about the cost.
exactly
We don’t want EV’s!!!!!!!!!!!!!!!!!!
Men ingen ställer frågan. Vilka miljö gifter har redan släppts ut innan denna elbil över huvud taget nått slut kund??????. Absolut en total förbjuden fråga.
Are you Turkish
thanks
@@markholubetz Can you make a video about Tesla X Plaid
Probably more than we're being told.
I saw a Ford Lightning today in Northern Illinois
Apart to Corvette, there is not a single GM product I like. And I use to be a GM guy all my life
Me too. GM always from when I was 16 years old. I’m 70 and drive a 2024 Subaru Outback now. Great car and value for the money. $40K. Never thought I would go foreign.
That's why thay banned japanese mini truck. Those are 8000 usd
Yes and the Chicken Tax took care of that
ComeOnMan.... Go ev woke, go broke.
That’s what they say
A Ram dealer called me yesterday. Offering 16,000$ off. No payments for 6 months. So the truck would be 54,000$ for a 2024. But I’m still not convinced about our economy to purchase one
Sounds like a solid arrangement but what spec is that and I agree, future can be volatile so buying should be based on a strong projection and if future finances are not certain, then there is a risk.
She makes over 30 million a year and she's a good Democrat.
My home did not cost as much as these trucks, my home brand new was $83,900 dollars, sorry but I refuse to pay that kind of money for a truck that will wear out and depreciate. My home is a 3 bedroom, 2 bath with 2 car garage.
Sound like at the right time. I bought my 16’ Sierra 5.3L for $34000. No it’s not a 4x4, but I don’t need it or the maintenance. It looks just as good as the GMC’s I’m seeing here.
She will run GM down the drain. Hope no bailout this time because of her decisions.
It wasn't a mistake, she knew what she was doing all along.
This is what it looks like when you tell the public what you are allowed to buy. Ev's are not the answer.
$80,000 for a vehicle that starts falling apart in a year I’ll pass
Mary Barra gave herself a 25 million dollar raise. She should give it back, but she won't.
The prices of the new vehicles are out of reach. Those vehicle are going to rot on the lot... Hey I made a ryme, Rot on the Lot.
In the electrics, EV's are not going to fly.
Price is one thing because they are making them too technically electronic.
But the other factor is there are few charging stations for long trips. Other than TESLA's charging stations that have worked well,
The after market charging stations either dont work, wont take your money, won't let you on the app or are at reduced charge rates, if they work at all. It's a disaster.
The hybred, like the car the VOLT was, run on battery, in the city, run on the gas extender on the road. It gets 300 miles per about 7 gallons of gas folks.
How did Mary Barra decide to kill the VOLT, then again GM killed the EV1 as well. They don't seem to like electrics or cars that were working well.
The car that will advance will be the hybred, built to perform like the VOLT DID. It is the only one that makes sense.
The EV's well ROT IN THE LOT just like the over priced new vehicles of ICE fame.
They need to sit down at the thinking table and work this out or they are gonna be losing dealers, and when they happens, they are done.
I drove pickups for decades. They just keep getting bigger and bigger and for what?? Most people that daily drive a truck dont really need it for TRUCK things. And now they are in the 60k range and up? Hell no! And gas is $3-$4/ gal ... ?? What? And they are putting 4 bangers in full size trucks? What????? Hell to the oh hell no!
All these over $100,000 dollar trucks, they can keep them I will stick with my 2023 Toyota Tacoma 2.7 4x4 that was overpriced at MSRP $34,000 dollars but I purchased it out the door with trade in for $14,000 dollars and paid it off in six months and is now paid in full.
Asking and getting are very different
Get this woman out asap
Lower prices. Make a basic truck with a V8, no AFM, not all the electronic gadgets. Get rid of Barra, make dealers stop gouging people & harness the UAW.
Damn! Those GMCs are the ugliest trucks I have ever seen. They PAY people to design crap like this?
Ford too, I don't get the "pickup" look designs... 😮
@@dwynepen7626 The space behind those ugly big-snouted grilles could be rented out and easily accommodate a family of four....🤣🤣🤣🤣
The crew cab is so large that all you can get is a 5 foot bed and still not have a land yacht. At that point with such a short bed, you have in essence not a truck but a family car that is missing a trunk lid.
Jeep compass is a horrible vehicle only suited to the rental car companies
what are you smoking man? there is nothing wrong with the compass aside from it having the name jeep on it...there very reliable and cheap to fix, my mom been driving her 2015 compass since 2015 with ZERO major issues. And i know alot of other ppl who have them and are happy with them....the ppl who hate on them have never owned one or did no actual maintenance to maintain them
Jeep.... Fem-mobiles 🤡
Jeep sold themselves out to the BeachBarbie crew years ago. 😂 That entire vehicle lineup is an overpriced joke!
Mary Barra needs to do what that head secret service woman did recently. STEP ON DOWN 👎
I spend about $400 a month in repairs for my 2006 Powerstroke. It's still more affordable than a new truck. Eventually it will be a new truck again. I'll keep driving it.
400 a month in repairs per month. That's insane.
@@3644Darrell Yeah it sucks bro. Maybe I’ll have a new old truck eventually. LOL
He said a couple grand for spray in bedliner, I just bought 2024 2500 HD. Bedliner sprayed at the dealer for 650.00.
Marry B was always and remains a DEI hire. She has entirely and intentionally set EV goals that were never realistic. As a Tesla stock holder, it was obvious she wasn’t being honest. And Tesla has enough problems as it is. There cars are way to expensive to buy and have insufficient range. They are expensive to repair and hence insure. You’re not really saving any money, but buy whatever you like.
Well I’ve currently have a 24 trailboss with the 6.2 gas coming out of a 23!Trailboss with 3.0 diesel-even after 3 months thinking big mistake-fuel mileage went from 28 to 17 to 18 on a good day-diesel pulled better with very little shifting-example pulling 3500 lb load home with on good hill both manual mode with 9th gear diesel wouldn’t shift down 6.2 drops 3 gears and now running at 4000 rpm’s-than there’s that cylinder deactivation BS that I can feel plus see the tach dancing around so the work around is to keep it in 9th so it doesn’t do it-by the way the mileage was keeping it in drive so 10th gear was available
I have been a gm car/truck owner since I was 17 years old, it makes me SAD that I don’t want , nor can I afford any gm trucks anymore. I live really close to the northern Ontario imaginary line ( Novar Ontario ) I’m not sure if a EV is going to be reliable in cold 🥶 weather, so I’m not going to be a Guinea pig for GM . The prices are really unrealistic for the average Canadian. I’ll rebuild my 1968 K10 4x4 Chevrolet 😊
The Compass still really leaves me dumbfounded. Seems that it competes with the Subaru Forester, which starts around 30 grand US, and the Forester is one of the top 10 most reliable vehicles. The Compass is sure not. 😂
ill agree with u on that...the compass is a great vehicle its just not priced right....if it started at 19k canadian and sold loaded for under 30k...i can see it selling well
Buy a GM vehicle........You'll be sorry!!!
Which one is the worse in your opinion?
What they want are unrealistic. There's no value for the customers period.
exactly
My insurance would double to drive a headache
Yes that will rise in newer vehicles
I'd be curious of the dealer add-ons with those vehicles that make it more expensive than it should be.
Spent $3,000 plus on my old duramax (maintenance). I can't wrap my head around those prices.
Anybody remember when trucks were not vaginized?
Insurance premiums sky rocketing with GM Super Cruise self driving. Anyone else feeling the gouge in premiums?
How can you buy a truck it's like a house payment
I got a one owner 2016 GMC Sierra 1500 w/Crew Cab & Short Bed & 5.3 Engine for like $33k I think it was before taxes & extd. warranty. Had 91k miles December 2023.
I wouldn't buy a brand new car/truck.
Just remember that all those bells and whistles at extra is some else to.break in long run. Maybe most folks don't care, I keep my truck a long time.
Very true!
Remember the CEO's want to keep the big multi million bonuses
I bought a Chevy Bolt EUV 2023 and canceled my truck order. I kept two of my gas powered pickups. I’m waiting for a new electric Tahoe.
I work at the plant that makes those hd sierra and silverado. We were supposed to have extra week of during Christmas for retooling....today we find out that gm wants to cancel the downtime due to high demand. These trucks are so awesome I can see why they sell so well.
and next year 2025, it's already confirmed all auto manufacturers set to raise prices by 9-28%...
I think it's more that they started putting four cylinders in full size trucks and getting away from the V8. And the prices are about double what they should be. There isn't enough technological advances since the early 2000s to make the price worth it just because you put Ford 20-in screen in there don't make the price double.
But the Hemi has a fantastic reputation and is the best modern V8 engine. I didn’t know the hurricane is going to be an inline 6. That makes me a little more happy about it. Still prefer the Hemi though
All those trucks are over priced . That’s why they are sitting there
It's not because they are on the lot that they are siting there. You need to know how many days they have before saying that. It's normal that a dealer have an inventory...
To much $$$ for a Garage Mans Companion.
For sure
Doesn't look they're selling any trucks where you're at.
That AT4X truck after taxes costs as much as my house did
I know, that’s silly money these days
I think your pricing problem has more to do with Canadian taxes than the actual products. That baseline GMC can be bought for around $40K in the US