Will Stellantis Be Successful In The Long Term?

[45-70govt]

I like how in that picture they show one ugly ass car and then the line below it is says "The morning dump". Well I think that sounds about right given how it looks.

 

[2ndAmend]

All valid...except the part about NOT caring about economics....all major companies..(domestic as well as international)...are driven by profits...my guess..much to our chagrin..they will weather the storm..and be fine...but as the writer says..none of us has a crystal ball

Haven't you heard of "Too BIG to fail!"! Governments reward those that screw shareholders in the name of (add whatever socialist cause that empowers government to grow here).

If you haven't read Ayn Rand, start now. Atlas Shrugged first.

 

[DavidKFla]

Stallantis will not likely fail. They are the 4th largest auto manufacturer on the planet. They might let individual brands within their portfolio die off but I seriously doubt they will be in trouble as a whole. They are widely divested--a lot would have to go wrong for a very long time to bring them down entirely.

I would say that the real question is, will they stay in North America?

 

[2ndAmend]

Stellantis Hiring Engineers in Low-Wage Brazil, India, Mexico After Laying Off 400 American Engineers

Brazil, well known for it's world-wide respected engineering and mfg, as exemplified by such renowned leaders like Taurus firearms, which have always been and continue to be a POS. I actually got them to buy back a 9mm 1911 because it was so bad.

https://www.breitbart.com/politics/...xico-after-laying-off-400-american-engineers/

 

[Unholy707]

No.

 

[Unholy707]

Hate electric vehicles but I'd buy a hybrid hellcat.

Banned.

 

[1971demon]

Haven't you heard of "Too BIG to fail!"! Governments reward those that screw shareholders in the name of (add whatever socialist cause that empowers government to grow here).

If you haven't read Ayn Rand, start now. Atlas Shrugged first.

Not all Giants fall...we just make a big deal of those that do...

 

[Smitty]

The latest from the CFO:

https://www.motor1.com/news/718129/stellantis-will-put-combustion-engines-in-evs/

Can’t wait till they start cramming hemis back into shit😂

 

[1971demon]

Can’t wait till they start cramming hemis back into shit😂

That would be nice

 

[1971demon]

Can’t wait till they start cramming hemis back into shit😂

I still say..if they put a hemi/ev hybrid in that new 2 dr Charger...they couldn't make enough of them..

 

[1971demon]

I would say that the real question is, will they stay in North America?

I would think that plan would be fluid

 

[Smitty]

I still say..if they put a hemi/ev hybrid in that new 2 dr Charger...they couldn't make enough of them..

Agreed. The hood seems a little funky but the body lines look close to the OG.

 

[MMissile]

I just don't think that they really understand the North American market.
I think they'll be fine in Europe.

Euro-Trash. They hate Americans, and have always been jealous of American muscle.

 

[MMissile]

My next car will probably be Jap Or Korean...
However, I don't know what truck I'd buy.

 

[DavidKFla]

My next car will probably be Jap Or Korean...
However, I don't know what truck I'd buy.

I have a Tundra. Built in the USA and has 1 of the highest percentage of American made parts in it.

 

[MMissile]

I have zero loyalty to what's left of "Chrysler". This, after 4 generations of family employees, and myself owning about 300 mopars.
When Daimler left, I optioned for Benz stock... rather than 4 times as much Chrysler. It was a wise choice.

It would also seem that I have some buyer's remorse, having purchased my Hellcat. I like my 300C more. With all the spying thru the electronics, and always worrying about it being stolen...it appears to have been a dumb buy. I should have bought a new truck.

 

[vortecd]

Not sure i will be buying anything soon. Been looking at used durangos to replace the jeep but 8% interest rate, are you kidding me! I am in 2.49% 4 years ago with my hellcat. I figure if I bought my car today, my monthly payment would be $100 more

 

[MMissile]

Yeah, this money for vehicles is stupid. I know I couldn't put myself in a current payment situation.

 

[Boris]

Haven't you heard of "Too BIG to fail!"! Governments reward those that screw shareholders in the name of (add whatever socialist cause that empowers government to grow here).

If you haven't read Ayn Rand, start now. Atlas Shrugged first.

Terrible book
Nobody takes the trains anymore

 

[Boris]

I think the peak hype of the EV also coincided with the peak of dealership markups.
Rates were low
Cars were still being advertised at their cheap MSRPs
But dealers were allowed to tack on all their ADMs. Some bought but most walked away.
Now supply is plenty and those people bought something else or just exited the market.

If Biden and his Green New Deal buddies were actually serious about moving these cars, they would have done something about that. They didn't.
Now you have all these companies back tracking to go to gas and even Biden loosened the emissions rules through 2030.

More than enough time for every car maker to make new gas powered cars for one last generation.

Now if that pesky inflation would just settle down, the fed would lower interest rates.