Posted on 12/12/2023 11:16:53 AM PST by Red Badger
I can’t muster any sympathy for an industry that didn’t tell Bathhouse Barry to pound sand.
I am right with you, on week 4 or 5 of 2 weeks to flatten the curve, I bought a New Chevy Colorado, list was $34K, I gave him $25K out the door cash.
He stated the dealerships are marking up the price of ICE vehicles to offset what they are loosing in lack of EV sales.
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Eventually the glut will get so big that shaddy dealing like that wont work anymore. Just because you got a larger margin on the units that are moving doesn’t mean that you don’t still have an enormous inventory that isn’t moving. Eventually you’re going to have to sell those damned things. That requires a price reduction, and the way many businesses do their accounting, if you took the cost in the previous fiscal year, then any sale of that old inventory shows as a profit.
The problem is, no one wants EVs. So a small price war isn’t going to move a lot of inventory. Prices will have to come down a lot.
Ford is absolutely going to go broke over this b s
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feature not a bug.
gotta break all the capatilist eggs to bake the tyrany utopia
And the consumer takes it in the shorts.....AGAIN
Ralph Nader was a communist in lust with Big Government; "Consumer Reports" magazine was a purveyor of crap reviews conducted and written by people who didn't know WTF they were doing.
Also, Ralph Nader prevented President Gore (accidentally).
They will have to dispose of these cars some way or another.
Perhaps a ‘FIRE SALE’?.................
Consumer Reports establishes their ratings by polling the people that subscribe to their magazine or online subscription service.
They send out an extensive 10+ page survey. I have filled it out several times when I was a subscriber. This is how they end up rating Toyota and Lexus as the most trouble free.
This is also how they consistently rate Land Rover, Chrysler and Jaguar at the bottom in reliability.
The pic on your post......if one of those goes up it’ll catch the rest....then you’ve got a real life man made environmental disaster on your hands.
Water won’t put it out, just makes it worse..............
There is a large parking lot where a shopping center used to be a few miles from my house. There are 1,000 - 1,500 Teslas sitting in this abandoned parking lot. They keep them charged. I keep waiting for the lot to go up in flames. They’ve been there at least a couple of years.
Yep. And that’s only one of who knows how many dirty little secrets about EVs
When my dash warning light comes on telling me to service the airbag, I think of my ex-wife.
A month or two ago there was a story here on FR of an EV that went into a lake at a boat ramp and caught fire and was burning under water.............
Stacking ‘em deep and selling ‘em cheap.
What’s an electric motorcycle cost? That may turn into my daily driver if they make me buy electric. Stick it to the man driving a motorcycle in the winter!!
What does Ford care. They’ll just take more government money.
“Prices will have to come down a lot.”
I’ve done enough research to have come to the conclusion I wouldn’t own one if it was given to me....and I meant that in all sincerity.
When it comes to EVs, it ain’t soup yet.....and very possibly never will be.
I believe it......interesting I did6hear anything about that on radio or TV. 🤔
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