TinMan2020
Well-Known Member
September 2024 vs previous September numbers is concerning.
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Despite the recent management shakeup at Stellantis, and CEO Taveres statement that he will leave in 2026, who do you think will buy the assets of Chrysler, Jeep, Dodge & Ram if they are to be divested by Stellantis?
Walter Chryslers grandson tried to buy it and they said ...NOSeptember 2024 vs previous September numbers is concerning.
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LZO diesel or the Turbomax would be nice on the JT.I hope GM buys Jeep and dribbles the LT formally LS platform into the JL/JT
That was then, this is now. Hindsight being 20/20 they had to more or less scrap the TDI (shameful IMO given the EPA-cooked emissions levels were not realistic anyway but I digress) and go full bore into BEV that has become a net positive for the company. They cut hard and emerged much leaner and in a better position for future BEV market growth.I doubt VW has the cash right now, after Diesel-gate they had to scrap their entire development plan and shift to quickly making EVs to satisfy their settlement. They also don't have the cash reserves they used to because they had to pay (checks notes) $14.7 Billion USD in fines - and that was just in the US.
They didn't just say no, they yeeted his offer soon as it was received. Thing is, Rhodes' offer wasn't remotely realistic. His experience running a large business, let alone a multi-national multi billion dollar outfit was nil. He didn't have any financial backing. He didn't present a management team or outline of how he would operate. Instead, it it pandered to the nostalgia of Walter P's era. Romantic, sure but not any way, shape or form realistic.Walter Chryslers grandson tried to buy it and they said ...NO
They will either survive or they won't.
There have been more failed car companies than prosperous ones in this country.
Just in my lifetime, Plymouth, Pontiac, Mercury, Oldsmobile, DeLorean, AMC, Dodge cars, Chrysler anything but minivan. Before that there are countless more.
In an open, free market, we the consumer decide what is good and what is not.
I agree that they are very concerning. Their UAW contracts stipulate it’s made through 2028, I believe. After that, if things don’t turn around, I would agree that it is likely gone.September 2024 vs previous September numbers is concerning.
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The common denominator in all of the above was Jeep was the Most Valuable Asset and what the acquiring outfit desired most. Anything else that came with Jeep was excess baggage either out of the gate or over time.![]()
Willys-Overland
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Willys Motors
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Kaiser Motors
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Kaiser Jeep
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American Motors Corp.
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AMC-Renault
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Chrysler Corporation
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DaimlerChrysler AG
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Cerberus Capital Management LP
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Chrysler Group LLC
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Fiat Chrysler Automobiles
Stellantis
Jeep has always survived.
It's encouraging to see so many folks engage in "higher level thought" on issues beyond day-to-day thoughts. Tradition and history are things that are infrequently discussed these days... said the old military veteran(s)...That was then, this is now. Hindsight being 20/20 they had to more or less scrap the TDI...
In 2023 VW Group posted a 22B Euro profit last year on sales of 322B Euro per the Google machine. Granted, this year is down but they're still one of the world's largest auto manufacturers. Their most recent forecast was a reduction of profits from 7%+ to about 5.6%. That's still hugely profitable given the scale.
They didn't just say no, they yeeted his offer soon as it was received. Thing is, Rhodes' offer wasn't remotely realistic. His experience running a large business, let alone a multi-national multi billion dollar outfit was nil. He didn't have any financial backing. He didn't present a management team or outline of how he would operate. Instead, it it pandered to the nostalgia of Walter P's era. Romantic, sure but not any way, shape or form realistic...
Also additional item on this on Scout... "VW Coming Scout Pickup and SUV will Be Hardworking Beasts. Scout needs to avoid Rivian-like pricing (un-profitable for 15 years!) if this will even begin to work...
https://www.autoweek.com/news/a62710631/vw-scout-pickup-and-suv-reveal/
Keep driving those Jeeps!!!
It would be impossible to launch a new car brand/make and show profit per unit immediately.
You have to pay for the factory, the land it's on, all the people you hired.
Those Capex costs get amortized across production, which is why clickbait headlines say nonsense like "Rivian loses 30k on every truck it sells"
You don't stay in business losing money.
But you do have to pay back the start up costs.