Bloomberg Says Stellantis Sales REALLY DOWN 40 Percent! 😱
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- čas přidán 5. 07. 2024
- In todays video we talk about what the investor pros are saying about Stellantis, Bloomberg said today the decline is closer to 40 percent as opposed to 21 percent. This is due to Stellantis having dealers put cars in as service loaners and dealerships listing cars sold that actually didn’t sell.
Even cooking the books they were down 21%
Let’s discuss it in the comments - Auta a dopravní prostředky
In business as in life when you get greedy you get nothing , 100K vehicles , WTF ⁉️
They aren't even good vehicles.
They shut down more than 40% of their models, so that dive would make sense.
Don’t be surprised if they using dead (discontinued) vehicles as “new” vehicles as well
yes new 2022 ,2021s they still have or where in the service loaners , on jan 1 of the new year call all the rental car companies and make deals from last model yr ....... cars should never have a birthday on the lot
Carlos Tavares is the captain of the Titanic! 💩
Wonder if the band is still playing as their going down.
You could deduce the number just by looking at every CJDR dealership and look at the cars that have been sitting on there lots for the last two years.
Ouch Ouch this hurts Dodge/Stellantis, they are in bad shape !!!🤦♂️🤦♂️🤦♂️🤦♂️
TK'S Garage Friend keep up the great work 🇺🇸🇺🇸🇺🇸😃😃💪💪👍👍👍
I was looking at 45 jeeps within 500 miles and in one day. 12 disappeared a week ago
Stellantis has been cooking the numbers for the last two years, including mortgaging units and booking the revenue
And your surprised?? Why?? Come on be real, we already heard about the underhanded stuff they tried. Thanks for great information!
40% that's all? I am shocked anyone buys their garbage.
I'm still trying to understand why Tim Kuniskis sold to Stellantis in the first place
Sell high buy low. Dodge was doing decent when he got out. Well they were doing better than they are now.
They are way below 50% let's be honest local dodge dealer here moved 3 jeeps in 1 month. 0 trucks 0 suv, 0 cars and a couple used. And are using there 6 Hornets as courtesy cars for customers.
Pretty pathetic that the "brand new and exciting" Hornet is a loaner vehicle. Total POS.
Yep that sounds about right..
I thought only ev was not selling😂
Yes Sir .....The ship is sinking fast!
Great work, as always TK!
Curious as to how Toyota is doing with all their Tundra/Sequoia/GX/Tacoma issues.
Don't care. I'm not a potential customer as I'm not convinced they know how to build a car any more. There are other cars I can buy, so I really don't care what happens with any Stellantis product.
To be honest with you, I don't think Carlos care about what happens to Chrysler or Dodge or the other 2 brands. I'm sure that he'll see to it that they will be discontinued in the next year or two. I'm sure he'll love to do just that. You watch.
I think all these companies are practicing financial engineering during this time to keep the markets floating the real question is how far can they push the numbers before it all falls apart
The sales bank from the 1970s returns.
Self-inflicted from the bottom to the top.
Saw OC Motivator earlier, "Leaked Hemi" video- sorry from the QC issues, Tavares at the helm, sabotage in the plant stories, horrific customer service, US exec's jumping out, scammy warranty practice, not paying suppliers...I'd not touch any of their products for years even if "Mopar" was turned around. Why? How much junk parts are on the shelves. Disgruntled UAW minions. Public image & mindset on their junk product. There will be 0 resale/value retention.
I look at people driving Mopars around & have a mixed feeling of feeling bad for their financial decision as well as thinking "Sucker"
Nobody will do anything at corporate until Stellantis start losing money.. I believe they made more money last year than they ever did. They don't care about sales number, market share etc. etc .. but care about Profits per car and overall profits per quarter.
That’s what I said yesterday
I seen on TFL that they even sold a viper on there quarter report
Fix it again Tovares, better yet.. don't touch it Carlos.
The new Tidy Bowl company because they managed it like it was a European company.
Couldn’t have happened to a nicer CEO. This is like a Bob Nardelli reboot
Stellantis. Man! What a turd of a company. 🤣🤣🤣
Thx TK
I'm looking for a great dealership in Texas . Customer service and service department matter to me . What's your best experience in Texas ?
The Hemi is not dead. It is still in the Ram H.D..
Concerned about increased testosterone and priapism caused by driving high performance ICE muscle cars? Then ask your doctor about Stellantis. Stellantis' patented formula is guaranteed to greatly reduce testosterone and eliminate priapism in just 2 model years. Side effects may include feelings of anxiety and/or loss, boredom, increased alcohol consumption, flatulence and hair loss.
😂
@@KringleNation Thinking a car gives you high testosterone is a low testosterone thing to say 🤣
Wondering what time is good to buy. 10, 7, 2?
Go back to making Horizons. At 15K fully lauded.
Just like when cars replaced horses for transportation, the future is EVs replacing outdated dinosaur "burn something for heat energy" Internal Combustion Engine technology.
What the hell do you think is burned to create EVs in the first place?? Air?? 🤣
John Elkann is the one who is backing Tavares, this is his fault.
“Shitlantis”
I hope this gets Stellantis thinking about that cabbage Carlos Tavares and how hes dragging this company down (I dont care about Stellantis,but its Mopar brands). Time to get rid of Tavares once and for all,and save 40 million a year.
All self inflicted. Life is hard but it’s harder when you’re stupid. Stellantis gets no sympathy from me. You disrespect your market and potential customers you deserve every ounce of it. Out pricing customer with subpar quality on vehicles is bad enough but its even worse when you kill off models that were your cash cow. Hope the fire the ceo and sell off the Chrysler brands to someone to make it American again.
The only way to save the company is to replace the ceo stellantis with Tim Kinus.
Maybe Tavares can't sell CDJR. After all, the EPA has pretty much forced the car manufacturers out of business due to the cafe rules and insistence on EV production. If the car manufacturers can't sell cars in the U.S., there's no reason to manufacture them here.
Don't worry, the new Daytona EV will save everything. Sh*tty looks, overpriced, likely poor reliability, and it only weighs 1000lbs+ more than a Model S Plaid 😂!