More great decision-making from Stellantis

[Jank4AU]

Stellantis Says If It Can't Sell EVs, It Won't Sell ICE Either

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[CT_LFC]

That makes sense. If you cannot sell the necessary number of EVs, you need to decrease the other half of the equation (ICE) to make the formula work.

 

[Blues Fan 30]

Whats next, a subscription to unlock your driveshaft?

 

[yokramer]

 

[Remorseless]

It's almost like the article is about the EU and EU regs and has very little bearing on Jeep in the US

 

[yokramer]

It's almost like the article is about the EU and EU regs and has very little bearing on Jeep in the US

Wait you read the whole article? Who does that?

 

[Remorseless]

Wait you read the whole article? Who does that?

This nerd right here!

 

[autotragic]

So in reality it's giving the Governments exactly what they want...If nobody wants to buy EVs then they stop selling ICE and people just have to find alternative means of transportation or even none at all. Which is their actual goal. Too bad that's all that can be said about that here if it's not too much already.

 

[DarthAWM]

Stellantis Says If It Can't Sell EVs, It Won't Sell ICE Either

This is less a Stellantis problem than a it is a regulatory problem. European governments don't really want their people to have cars anyway

 

[GMONEY]

Those carbon credits Tesla has are going to make them a lot of money over there. While Stellantis says they won't buy them someone is going to.

 

[Jank4AU]

It's almost like the article is about the EU and EU regs and has very little bearing on Jeep in the US

While that's true, I think it still says something about the parent company's thinking. They just don't seem to get that maybe reducing prices would entice customers to purchase their products. It's like they're internally blaming customers for not wanting to spend what they believe their products are worth. So, they are just going to close plants and reduce production. Not sure how sustainable that is when you start laying people off everywhere. Seems like a good way to go belly-up.

 

[Remorseless]

While that's true, I think it still says something about the parent company's thinking. They just don't seem to get that maybe reducing prices would entice customers to purchase their products. It's like they're internally blaming customers for not wanting to spend what they believe their products are worth. So, they are just going to close plants and reduce production. Not sure how sustainable that is when you start laying people off everywhere. Seems like a good way to go belly-up.

Reducing prices eats into profit margin. They aim for a 10-11% profit margin and if you lose a whole bunch more money selling EVs at a loss, then it's a losing situation still. Easy answer is to just avoid the fines and pressure the gov't for less stupid regulations.

 

[CT_LFC]

While that's true, I think it still says something about the parent company's thinking. They just don't seem to get that maybe reducing prices would entice customers to purchase their products. It's like they're internally blaming customers for not wanting to spend what they believe their products are worth. So, they are just going to close plants and reduce production. Not sure how sustainable that is when you start laying people off everywhere. Seems like a good way to go belly-up.

This is not a pricing issue, this is a regulation issue.

They have to reduce emissions, which ICE cars increase but are then offset with EV sales. If those EV sales are down, they need to have FEWER sales of ICE cars to decrease emissions to the level they need to reach. Reducing price would theoretically INCREASE sales of ICE vehicles, further increasing emissions.

 

[4xFUN]

There is only one truth to this entire fiasco and that is overly zealous mandated regulations, period. This is the only way to describe it while being politically neutral...

 

[The Last Cowboy]

This is a look into the not too distant future here in the US. The government needs to quit manipulating private industry.

I understand some sensible regulation. What I don’t understand is crippling an entire industry. What factories will be left to build our war materiel when the next global conflict fired up?

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