EVEN WORSE for Chrysler, Dodge, Jeep & RAM
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Today on the Daily News You Can Use, Ray and Zach discuss even more bad news from Stellantis, the parent company of Chrysler, Dodge, Jeep, and Ram! - ZĂĄbava
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Or Tesla, others that do online fixed pricing
If you never answer the comments, you are missing out of sales .
Iâm one that wants to buy a car , but you never answer me on if I click on those two blocks , would I be obligated to pay?
Stellantis is NOT an American auto company. Period. Bail out? HELL NO.
If they are bailed out they will just use it to pay executive bonuses. No bailout for foreign investment companies.
Ford/Dodge is all American.
đŻ
And too pay for six figure wages too. If the average American canât make that much, they canât either. Unless the number of employees is extremely reduced and production continues at current rates.
@@talisikid1618 The cheapest thing is to do nothing. Laying off lots of staff is not a way to fix this. They need to stop paying anyone for running the company into the ground, so if the company isn't doing well they should zero out all executive bonuses and dividends.
@@cageordie they either substitute tech for labor or reduce those exorbitant wages. Or, go out of business. Their wages are too high when the min wage is a fraction of that. This all has to change. Not optional.
Remember â itâs not an American companyâ! Donât reward foreigners for bad behavior !!
No bailout for any car manufacturer and/or dealers. TIME for a CHANGE in how they do business. Vehicles should remain property of the manufacturer and the dealer attempts to sell them to customers. That would eliminate floorplan and massive amounts of money owed by dealers. And all the interest in that activity. Also it would force the manufacturers to actually make vehicles that can sell. TIME FOR MAJOR CHANGES.
well said
Agreed!
@@briananderson8733 It isn't CDJR's fault, it's the gross mismanagement of the brands by clowns in the Nederlands thar don't understand the US auto market.
Stellantis raises MSRP by55% and then offer $2k off like thatâs some kind of reasonable discount or something. Lower MSRP to precovid levels and then you will get sales. Tavares needs to be fired asap
NO BAILđ« OUT! Go out of business, Chrysler, Dodge, Ram, and Jeep...đ€
They are failing because of stellantis. "They" not dodge prices them above msrp. The parts departments get their orders from stellantis. This is on stellantis head.
@kennypowerz1267 No more excuses! This is a free market, and when a corporation or small business is not competitive or bad, management should go away...đ€
â@user-ui2cr2ec2v Free market???? As long as the federal government regulates emissions and fuel economy of the auto market, this is nothing close to a free market. If it was, I could buy a truck with a diesel engine that doesn't have emissions equipment that's trying to kill the engine. I could buy a vehicle with a V8 that isn't trying to shut cylinders off hundreds of times a second.
@hochhaul However, Toyota seems to be WINNING âšïž
@@user-ui2cr2ec2vnot a free market. A free market is a crime wave. Fair market is the goal.
Stellantis priced their base consumers out of the market. Horrible business decision. Those buyers are going to Toyota Honda and Kia/Hyundai. They have more affordable options and actual sedans!
Other than the Charger Stellantis sedans arent really worth while
The Dodge Dart and 200 were famously very terrible business investments.
The 300s only existed because of the Charger.
Alfa Romeo and Maserati sales are so bad I expect them to pull out of the US. Even though we are the Guilias best market it still sold only 3k units.
We can look back at some older 2000s sedans and stuff but they were all miserable cars.
Makes no sense for Stellantis to invest into sedans. They sold even worse than Ford and GMs sedans.
LOL no they aren't. Nobody is going from a Ram to a junk Toyota Tundra with an engine that's infamous for blowing up.
@@hochhaul Every rose has its thorns! That said, Toyota is currently selling ONE MILLION vehicles every month worldwide!
Anyone complaining about a father calling his son âhandsomeâ, yâall got issues or are definitely not parents yourselves. Dad is just proud of his son. Yeah maybe it might sound awkward to your ears but donât tell me if someone you respect said the same thing in admiration to you, you wouldnât feel pretty cool from the compliment .
Seriously though some people are just looking for reason to complain and get upset
No way would I consider buying a Chrysler group car or truck when its unclear whether they will even be around in a few years. Stellantis decided to abandon their customers.
Let them all go out of business
That's the auto industry people. Suck it up or get out. It's a roller coaster of an industry. I was in it for 10 years, laid-off when Chrysler went into bankruptcy and had the sense to change careers and get out! It's amazing how much CDJR vehicles have increased over the past 5 years.
I am SHOCKED that Americans are not lining up to purchase $100,000 vehicles !!! Perhaps if Stellantis offered a 30 year car loan?
Car mortgage lmao
It makes no sense. What's the median household income? Build cars people can afford. The person that can afford a $100,000 car is making over $350K. That's a small customer target.
For a Stellantis? No thanks.
Why did they raise their prices over 30% in the last 4 years? No one can afford a $70K Wrangler.
Life long Chrysler Dodge Jeep owner till this year. Went with Mazda CX-50. They just don't make a good car. Still own a 2004 Chrysler Concord top of the line trim level. Great car. Traded in a Dodge Nitro 2007 top trim for the Mazda. They had no SUV at the price point we could afford.
I was watching the used vehicles in traffic today and the vast majority of older Ram trucks are still rocking the magnum engine, or diesel. 3Gen hemi's don't last. People let them idle and they get lifter failure. Or the exhaust manifolds break off because their engineers don't understand basic metalurgy.
18 months ago we were on "critical" status working 6-7 days a week 10 to 12 hours a day, now they are laying off indefinitely. Tell me they didn't know....
When I was working on my BS in Accounting, the focus was on Stakeholders; employees, communities and shareholders. Over time, it shifted to a total focus on shareholders.
Iâm wondering if they could drum up some sales at negative 1% interest?
Isn't Stellantis a FRENCH company? Is FRANCE bailing them out or America?
Thatâs my opinion, Chrysler is controlled by Stellantis and to a lessor degree Fiat. I had a shop for 30 years and have had an issue since the 1970âs with Chrysler. Their drivetrains were great but QC has always sucked and just gotten worse over the years and Chrysler was hell to deal with. Now with the French and Italians pulling the strings what could possibly go wrong.
Stellantis is a multinational automotive manufacturing corporation with operations in Europe, North and South America, Asia Pacific, the Middle East, and Africa. The company was formed in 2021 when the Italian-American conglomerate Fiat Chrysler Automobiles (FCA) merged with the French PSA Group. Stellantis's headquarters are in Hoofddorp, Netherlands, but it also has an Italian subsidiary, Stellantis Europe S.p.A., which is based in Turin, Italy. Stellantis Europe produces and sells passenger cars and light commercial vehicles.
think dep state italy ?
@@kennypowerz1267 Copied that right out of Wikipedia didn't you.
Bit slow to sing your praises, but purchased a '24 Honda Passport at the end of March for 5% off MRSP, no $$ for add-on's, and VSC for $1166. Can't thank you guys enough for your car deal school!
VSC?
@@DM-iu1wn vehicle service contract
They are not a US company. Should not be bailed out!
Doesnât matter. Companies should never be bailed out. Individuals, possibly but never corporations. Never.
I just came home from a Ram dealer today. They are doing pretty good deals, but nothing fabulous. Bottom line was $5k off of a $70k truck. Not enough.
Take $15k off and id consider it if I was in the market. But my first gen tundra will probably outlive any new ram
Ram, Jeep and Dodge: all dead brands walking in the US.
Ram and Jeep as brands are not dead. They have too much inventory and Stellantis set MSRP way too high, but if they were managed by a better company they would be quite profitable. Ram's 1500 has won tons of awards and they have exclusive access to the Cummins inline-6 diesel engine. That's extremely valuable.
@@hochhaul If Jeep goes out of business, I will then own an orphan vehicle (Gladiator JT). ;-)
-- BR
We need reliability like Toyota. Also the right price point for USA. Nobody wants 120k $1400 month Wagoneers! Bring back $450 car payments that last 200k miles. Employee here they wonât listen.
Toyota ain't that reliable anymore
Lol Toyota has stop sales right now. It's not the 2000s anymore
Not all laws and regulations are good but I think we should have a law saying all new cars come standard with a 10 year/100k mile warranty.
It's unacceptable how many problems the automakers have after building cars for over a century.
@@corrosivedevoureryeah, like no shit. Itâs not just those truck engines and transmissions, it is also the fact that ALL cars are computers on wheels. So many things to go wrong.
You haven't been paying attention to Toyota's current issues then? They have a quarter of a million engines to replace in Tundras and there are starting to be grumbles about Tacomas blowing engines too.
Its sad to see all of this. I bought a Gladiator mid 2021 before the crazy prices really took off. Thankfully it has been almost virtually problem free over 70k miles.
21-26% sales slump. Stellantis Executives: "This looks like a good tome for a price hike!" đ€Ș
Rumor is a company called zedf wants to buy the transmission plants
They make top quality transmissions, just the opposite of stil.
No bailout please, doesn't help anyone.
Our dealer is wall to wall on Gladiators. Yep.
Forget aligning production with sales demand. How about aligning the prices with the rest of the market? Their prices are so much higher than everyone elseâs for similar products. No one wants their crap.
I just checked the prices at a nearby Jeep dealer. Yeah, good luck with that guys. Say hi to Sears and K mart for me when you see them.
Any bailouts should have restrictions on stock buy backs until money đ€ is repayed
Why any bailout? It's called free enterprise.
Of course they canât sell the Hornet when dealers are asking $35 to $40k for them, I could buy a Rav4 or CR-V for that much.
The problem is none of those cars are worth what they are asking. A crv or rav4 should mid to high 20k at most
It dosen't surprise me since they can't sale any car or trucks.. I wonder why the big 3 started laying off works..
We the American people should not have to bail out a French company.
Thanks again, Ray, for speaking on the ludicrous nature of this compensation in the face of poor planning, operational decisions etc.
The manufacturers have been doing this for almost 100 years. They been getting squeezed for a bigger share of the pie, then over manufacturing, then when they agree to share more they have layoffs. The employees end up making the same money they did before or less.
The Hornet isn't a bad looking little SUV but the pricing is insane.
Stellantis is not an automaker. Itâs a hedge fund. So.., why is anyone surprised their products suck? They RUINED the vaunted JEEP line. They cannot sell a Grand Cherokee? Thatâs sad. Jeep used to be quality. No more.
Good news RAM online dealers offering 16% off MSRP. Just have to order the vehicle v. current inventory.
It seems like only the UAW couldn't see the writing on the wall with the new contract. One of our Hyundai dealers is offering 0%
F Hyundai
Prices were skyrocketing before the new UAW contract. You donât seem to understand cause and effect nor history. The prices were creeping up slowly before the pandemic but spike during the pandemic. Are you blaming the UAW for the pandemic? How about executive compensation growth? Stock buybacks to boost share prices? Low supply profiteering? How about the expansion of negative equity loans at the banks?
Auto manufactures still don't get it... What's the median household income in the US? Are you building vehicles for these customers? The answer....NO
Since their CEO has said they are not a United States company, screw them let Europe bail them out
Wow, if Tavares really said that... Than screw em
This is a Death Spiral for Stellantsi. . All of the many (Stellantis designs, manufactures, and sells automobiles bearing its 14 brands: Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, and Vauxhall.)Ruining Brand Names
I wouldn't buy a car from a company that could go out of business.
Been really looking hard at new cars, Subaru and Mazda seem to be the only ones doing a good job building an affordable and desirable cars today but that said, the turbo versions are still expensive and have less long term reliability.
They're going to have to do better before I'll buy a new car.
I was once a technician and would never buy a car with a turbo
The quality is down and prices are still too high is not a good business model. Why should we reward them with a bailout for them being greedy let them fail. Bad policyâs from up top have consequences it only hurts the hard working employees who are on the line making these vehicles. Sad
Stellantis' cars are JUNK.
When mojave gladiators get to $30k I'll think about it. đđđ
I have a loaded 2023 Mojave in Blue, I absolutely love it, other than the 16mpg, so be aware of that. My friend has a Gladiator sport that gets over 21-22mpg, much better on fuel.
No bailout. Reduce the number of UAW union employees. The country will be better off.
Been trying to find a manual shift Gladiator, used. Granted it's NYC area and manual is hard to find, but they're trying to get $32-40k+ for 3+ year used, high milage ones. Out of their minds.
Prices for vehicles will go up again next year for overpriced vehicles that nobody wants to buy. RAM turned heads and was a great buy when the redesign came out in 2019. They got greedy and now they realize they no longer have a good vehicle at all good price. Itâs not a luxury brand. They need a reality check that Chrysler Jeep and Ram are NOT viewed as luxury vehicles and people arenât going to pay those prices.
In Canada they are still gouging consumers.
0% for 36 months.
Most models start at $48k cad. Zero interest doesn't do much to chop down payment size on 36 months.
V6s then was like 30k now it's 55k,
Hemi engines were like 40k and are 60k now,
392 engines were around 50k now it's like 70k,
Hellcats were around 60k to 70k then and now it's like 100k+
These are all canadian prices pre-covid
Ever since covid it's all been fucked
@@ghost-1413 It was just an excuse to rip off buyers.
Hey guys, love your show. I donât hear too much about infinities. Can you tell me how they were doing? Iâm trying to get a 60 Infiniti and they still prices are very high. Just wanna know how are they doing in the car business?
Just bought new 2023 Chrysler 300 L month ago. Absolutely love it got killer deal! Local dealer was great to deal with and they are doing good. Been loyal to Dodge Chrysler and Jeep for 40 years and not going to crap on them and hoping they come out of it.đ
My sister works for Stellantis contractor moving cars post assembly in Windsor, Ontario. Months ago Stellantis eliminated the third shift. So, you may also be missing the misery occurring in Canada. Holding lots filled with Fiats.
The third shift at Windsor was eliminated in July 2020. 4 years ago
Itâs 2.9% for 84 for hybrid Hornet and the 4xe. No help with gas hornet.
Fatherly love! Nothing weird about it.
That 3k per car is not guaranteed. You have to order so many fresh units and jump through other hoops. Not guaranteed. If you are loaded on inventory, you are not ordering all of your allocation! I am not.
Carlos is NOT the first of his kind and WONT be the last!!! He couldnât care lessâŠ. If folks think sales suck then they have no clue how bad it is over on the service side with NO qualified techs for the diesel side not to mention recalls out the assâŠ.. my dealer has gone through 3 svc mgrs in a year cause they have all got tired of the constant customer complaints and stressâŠ. AND 3 GMâs to boot, its a joke when visiting to see all new people every time cause employees jump ship in a heartbeatâŠ. đ€
If they're getting bailed out... where is MY bail out?
I believe one of the biggest roadblocks to new vehicle sales are taxes and insurance. Where I live is 7% so if I but a new vehicle at 45,000 dollars OTD (close to the average) my sales tax THREE THOUSAND ONE HUNDRED ANF FIFTY DOLLARS. Insurance is skyrocketing so let's say I add another 2800 dollars for insurance. My purchase is 48,150 dollars plus 233 dollars a month for insurance. Even with zero percent at 72 months the payment is 668.75 per month plus 233 for insurance for a grand total of NINE HUNDRED AND ONE DOLLARS a month. UNAFFORDABLE!!!!
Thatâs because people are paying too much for vehicles. The price has to plummet.
If youâre the last customer at a dealership standing in the way of them meeting the numbers, the dealer could give you a Hornet and they still would make money.
STOP THE BAILOUTS
Traded in my 2023 Charger Widebody Scat Pack last week. That was my 7th Charger. Iâm not going to be loyal to a company that doesnât care about what Americans think or want. My new Cadillac CT5V with 5 times more options was cheaper than the Charger! đ€đ€Ź
Once again (Chrysler has done this before in the 70's) they build too much and can't get rid of their inventory. Where is Lee Iacocca now?? The current CEO is clearly over his head.
Maybe the CEO should be paid in hardware ($39,000,000) in vehiclesâŠlet him sell his allocation. He would think differently at that point.
I don't understand how these CEOs get so much for failing. I got into the wrong business
Love the channel. I have a question please do a video on this. I bought A brand new F150 couple years ago I went back there for all my service every time while it was under warranty. Iâm in Wisconsin after my warranty ran out seems like they find something else that needs to be addressed. They told me my front ball joint needed to be replaced remind you this is a ford dealership they wanted over 1500. To replace it I took it to a mechanic and said thereâs nothing wrong with it. It still cost me 50 dollars. They advertise 21.00 oil changes and thatâs true. I think thatâs just to get you in the door and pressure people into paying more. Please do a video on this so people donât get taken advantage of the as your dad would say crap đđ»
I would still be afraid to buy cdjr even at discounted price as I don't feel thet will be around for warranty work.
Stellantis is doing exactly what I would do. Keep Jeep wrangler and ram - dump the rest. Those two models were the only thing of value. People overlook the horrible quality for those two.
The last few years of wranglers have been very troublesome
@@wdxwm300 Iâve owned three - theyâve always been garbage quality, but you put up with it because up until the bronco it was the only game in town.
You have to be worth what your being paid and some of these CEO's that are being paid 30 or 40 million dollars a year and completely screwing up should be fired!!!!!!!!!!!!!!!!!!!!
This bailout conversation needs to end with not giving these companies the tax payers money. You either make it or you donât but enough is enough.
Don't forget the taxpayers are paying many electric car buyers $7,500 in tax credits.
I always admire the love he has for his son. Love it.
Ray and Zach manufacturers took the big raise because they could knowing the market was going flat especially with interest rates going high and prices going higher dealers thought buyers were stupid enough to pay the huge price increase along with higher interest rates
Getting any car today at or under MSRP is still a loss. It goes without saying the price of cars are anywhere from 25-50% over MSRP from just four years ago. So whatâs a savings of 3k if the overall price of the car is up 20k in less than four years? Iâll pass!
Toyotathon at Stellantis!
Are you still working on providing invoice pricing?
No bailout for the auto industry because this was self induced. Taxpayers do not need to keep paying for bad business behavior. It was not the customers who over priced vehicles and added excessive fees on top of the increased , above MSRP, prices. Terrible business practices. Zero percent interest on excessive cost is terrible because you loose so much just driving off the lot.
The secret is out, Ray to replace Joe.
I can guarantee you that if the company is losing money and the CEO is getting bonuses is a good sign that the US Government is sending them stimi money. Its a Kaysian model for the soft landing.
If they want to sell me a Jeep, lower the price... By a LOT (Easy $20k drop).. Otherwise I can drive what I currently own np..
I am talking with Naples now heard the same trash.
Vehicle I am looking at is 20k off in inventories.
I am still requesting 5K off in MSRP and told them I will wait until that occurs.
The Naples advantage plan is a rip off.
I asked that be removed and they would only take 500 off. I told them no deal bc I wonât use it because I live 2 hours away.
This is a trash dealer
A 2023 Ram 2500 has probably already depreciated $14,000 dollars.
Let Europe bail them out. It isn't an American company anymore. Neither is ford, or GM. If all their products aren't 75% made in USA then no bailout period.
executive salaries- that's MEI the rest of us don't have the Merit, Experience, or Intelligence to understand it.
Hi Zach just waiting to see pops dance in his chair LOL đ
Close the verticals directly behind you đđ
Ram Dodge Chrysler are owned by Fiat/ Stellantis let Italy bail them out. They are a foreign company they pay taxes in their home country the CEO is a European citizen let them bail them out. Only American companies should be eligible for US Gov bailouts Ford Chevy Tesla Chevy is getting questionable bailouts should come with strings no foreign factory bailouts on the American tax payer dime
Line workers got a great UAW deal, 'cept they lost their jobs doing it. Go figure.
24:16 đ đ đ đ omfg Zack!!! You poor father is going catch an investigation đđđđ #jerseyjaildad
Can't understand why anyone is buying Stellantis cars these days. Not only junk, but overpriced junk.
Hi Ray and Zach, I have a question for you two. If the American consumer is running away from EVs why are the Chinese automakers (BYD) so bullish on importing EVs tp this country? It seems counterintuitive at this point.
Thank you
đ€Łđ€Ł your dad is cracking me up today
didnt dodge declare they were stopping production on the Hornet? if so, they are just clearing out existing inventory
Production aka importing them from Italy where itâs engineered and assembled
inside tip from Detroit. guy works there said one of the brands they made had very few orders in 2024 and so far for 2025 not one single person ordering one. so Chrysler stopped all production of these vehicles permanently. he could not remember what one it was but im guessing it was maybe the big SUV think they are called a wagoneer.... well take the info or leave it
Brother in law just paid 58k for a ram at 73k msrp. Rams are deeply discounted right now.
Still too much
âObserve summer vacationâ means the company forces the employees to use their paid vacation time, if they have worked there long enough to have any vacation time, so yeah its a âbenefitâ but they donât get to choose when to use it
Yo! That cracked me upđ you and your dad been playing with each other for years lol
Pause!
is the green screen broken?
I might buy a Dodge Charger if they give me Zero interest rates but price is too much for a car that might be discontinued