Broadly agree except no collusion or concert was required. Initially automakers dipped their toes into the newly established premium SUV market with the first Mercedes ML and Lexus RX, and both of those were home runs. GM and Ford started minting money upbadging their SUVs into Escalades and Navigators.
As soon as everyone saw the success of those, they wanted a piece of the pie.
What luxury SUV wasn’t a home run? Cayenne saved Porsche, X5 is BMW’s best seller, Tesla Model Y etc. Ever
One more thing on this topic. It sounds like the strikes will happen at transmission plants first. That effectively shuts down the production flow. We’ll see what happens.
Why would Blackrock be keen on them losing loads of money if they effectively own them?
EQ SUVs have entered the chat?
What about the footrests?
That’s Plan B.
The Toto? I’ve seen videos from some of my customers who have installed them.
You’re just a jumble of contradictions here.
Should be interesting. Except for trucks, there are plenty of alternatives to the Big 3 at all price points. As production ramps back up, this only going to make things worse for Ford/GM/Stellantis
Strike will not last that long. UAW is asking for 36% over four years, B3 have offers between 17.5/20% over four years.
That’s pretty close for the start.
The success of expensive SUVs and trucks seems blindingly obvious in retrospect. Some, however, were too ahead of their time. The Lambo LM002, Lincoln Blackwood, etc.
The first G-wagen and P38 RR were quite niche players, nothing near the market size that would later convince Bentley, Rolls and Ferrari to produce hyper expensive SUVs.
X5 and X3 being BMW’s bread and butter seems obvious now. When the first X3 was designed, BMW wouldn’t allocate an assembly line to an unproven vehicle with less interior volume than its contemporary 3-series wagon. It outsourced the assembly to a third party.
Anyone see any impact of this whole Big3 vs UAW situation? Are new car dealers lessening discounts? Are auction prices anyway effected?
One of the plants affected builds 4Xe’s so all those custom Jeeps that people ordered will be delayed.
3 posts were merged into an existing topic: Off Topic Landfill 5
Please stay on topic.
I just did an imperfect job of moving a bunch of OT posts from the last couple of days.
I’d rather not expend the time or effort going back further than that.
Looks like doom off with the Korean strike. They didnt seem to have given up much at all…
Meanwhile Stellantis upped their offer to 20% wage increase
Interesting they went at the 4xe, money maker or just random?
Ford ceo on the strikes potential impact…bankruptcy. Just simple math unless miraculously evs actually start making a profit for them.
Uaw wants $300k pay package per employee for a 4 day work week.
Classic Negotiation tactics. Just like him saying Quality is Job 1…
I think the UAW’s reasoning is that with EVs introducing a new manufacturing landscape, where less physical workers are required they’re working towards safeguarding some of the layoffs that will inevitability begin in the future.
UAW is positioned with the upper hand in the short term. Mfgs are positioned with the upper hand long term. Union members need to start saving the minute they ratify their new contracts imo.
In terms of length of strike, who knows. Car market I assume is priced in.