skiptheroad
Well-Known Member
- First Name
- Skip
- Joined
- Apr 23, 2022
- Threads
- 1
- Messages
- 63
- Reaction score
- 191
- Location
- Northern Michigan
- Vehicle(s)
- 2012 JKUR 2017 Grand Cherokee Trailhawk
- Occupation
- Astronaut
Living in Michigan, I have relatives, friends, and clients who are and/or have been employed by the automotive industry. Early retirement packages have always been a tool for manufacturers to manage their overhead cost. Most of these "buyouts" are quite generous. Some of the people I know that have accepted the deal have gone on to work for other companies since being 50 to 55 years old they weren't ready for full time retirement and offers from new employers often exceed their prior compensation package. Engineers are in high demand. A good friend who was a fuel systems engineer for Chrysler, accepted an early retirement package in 2018, and immediately went to work for Harley Davidson engineering there e-motorcycle. My cousin is now employed by Oshkosh Corporation working on the Oshkosh L-ATV. He is making more and has better benefits than when he worked for Ford. Others have went to work for various companies such as Tesla, Polaris, Bombardier, etc.Stellantis is offering buyouts to many of it’s 13,000 salaried employees in the U.S. to “assist with its pivot to electric vehicles”.
It’s hard to imagine what the Jeep world will look like in ten years after all of the “pivoting” is done to accommodate the push to electric vehicles, but I hope to finish my life while enjoying Jeeps internal combustion engines.
It’s also hard to imagine how all this will work in huge states with electric grids that are already substantially inadequate, but I’m preparing for another reduction in service and quality of life, with an accompanying surge in all related costs. That’s how we roll these days.
Automotive companies would like nothing better than to shift vehicle emissions outside of their company's releasing them from CAFE penalties and potential future carbon emissions tax. They will spend billions developing and marketing bev's as profits are predicted to be substantial.
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