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More Stellantis Problems

TheBrandon

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Look up 2019 production numbers...

Here is an image...

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My '19 2 Door Rubicon I was fortunate and got the tan leather and cream color interior so no red. I have never seen another in public. I got through a lot of vehicles but this one has been one of my favorites.
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YBABRAT

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My '19 2 Door Rubicon I was fortunate and got the tan leather and cream color interior so no red. I have never seen another in public. I got through a lot of vehicles but this one has been one of my favorites.
I have tan leather as well... white exterior. 2 door JL Rubicons are very rare. Seen only one other with black hard top on white, no painted fenders. Haven't looked at interior, though it has a good chance of black interior.

I have nothing against the tan seats, but rather have cloth. Having the silver grey cluster bezel, in stead of red was a big bonus.
 

rk911

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We don't buy or retain vehicles with an eye towards their future value...which is nearly impossible to determine and changes year-to-year. No, we buy vehicles for their utilitarian purposes and for the joy they bring...more so the latter.

We pay cash for and keep our vehicles an average of 10+ years. We sold our '03 TJ in 2024 because chassis rust was making it very difficult to service. Our KK Liberty is 14-yrs old and mechanically doing just fine and our '23 2-door JL is fun to drive.
 

Riverjeep

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From Bloomberg newsletter e-mail this morning. Little new except the last paragraph, which indicates the board may be nearing its tolerance limit for Tavares.

Driving Workers Away
Stellantis is increasingly getting pushback from investors, dealers and unions alike over what they view as efforts by management to cost-cut their way to better earnings.

The maker of Peugeot sedans, Jeep SUVs and Ram pickups has so far responded by continuing to squeeze its workforce for more savings.

Just this week, Stellantis invited its employees in Poissy, a Paris suburb, to meet recruiters for companies including the French utility Engie and aircraft-equipment manufacturer Safran. In the weeks leading up to the forum, Stellantis offered webinars on hunting for roles elsewhere, polishing one’s résumé and preparing for job interviews.

This is nothing new for CEO Carlos Tavares, a self-described “performance psychopath.” Bloomberg first reported on Stellantis routinely sending these alerts about career fairs and services to its employees back in early 2022, roughly a year after the company was formed via the merger between Fiat Chrysler and PSA Group.

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Stellantis CEO Carlos Tavares. Photographer: Oliver Bunic/Bloomberg
What worries countless people I’ve spoken to within the company is that the years of pressure Tavares has applied to Stellantis has gone too far and been detrimental to the business. Managers are exasperated to see valuable members of their teams repeatedly getting nudged to accept supposedly voluntary departure packages.

“You get an email, then you get another email, then another one,” Laurent Oechsel, a Stellantis representative for the white-collar employees’ group CFE-CGC, said in a phone interview. “Then you can get multiple phone calls if you persist in wanting to stay with the company. I call this harassment, and it’s leading to massive loss of skills.”

Scrutiny of Tavares has been mounting after waves of executive departures, plummeting first-half profit and delays of crucial new models. Some blame the blown deadlines on continuous rounds of budget cuts and a push to employ more engineers in lower-cost countries like Morocco, India and Brazil, while paring back in pricier locales, such as Paris or Detroit.

A Stellantis spokesperson said the automaker is transforming to achieve objectives with respect to electrification and facing Chinese competitors. The company has recruited almost 820 people since the start of the year in France, according to the spokesperson, who didn’t immediately provide figures on how many jobs have been eliminated or outsourced.

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Last week, Oechsel was among union representatives in France who confronted local human resources head Bruno Bertin about the difficulties their members have faced.

“Month after month, we’ve been alerting you on the negative impacts of organizational re-engineering at the executive level, but also within the procurement, engineering and software divisions,” one representative said, according to prepared remarks seen by Bloomberg. “This hunt for white-collar positions in plants, this obstinacy in wanting to externalize projects and reduce headcount, is shocking.”

The CFE-CGC blames the holdup in introducing Citroën’s new €23,300 electric car, called the ë-C3, on Stellantis outsourcing development of the platform underpinning the vehicle. The automaker has been rushing to get the car to French customers who ordered the model to take advantage of a government-subsidized EV-leasing program expiring this month.

“It seems that anything is permitted” to preserve double-digit profit margins, the CFE-CGC representatives said in the document seen by Bloomberg. “No longer investing in the future, reducing payroll, no longer allowing current expenses, no longer paying your suppliers, no longer compensating customers who have problems.”

Stellantis CFO Natalie Knight acknowledged during a conference this week that the introductions of several EV models in Europe, including the ë-C3, have been delayed this year due to software glitches that required “tinkering.”

“You have seen several of our products that have had a bit of a lag, but I do feel like we are in a much better place than we were in terms of the first half, where you had seen a couple of things slip,” she said.

Looking ahead, Knight said that over the next few years, investors “will continue to see restructurings going on in the business.”

“There are going to continue to be places where you say, do we have the right capacities, do we have the right setups?” she said, without offering specifics.

The overseer of those restructurings may be someone other than Tavares. Bloomberg was first to report this week that Chairman John Elkann has started looking for a successor to the CEO, whose contract ends in early 2026.

— By Albertina Torsoli
There are now at least 7 Stellantis threads so far this month, @JAY can we combine some of these?
 

Tupi77

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I wish Marchione was still alive and the demise of great brands that Stellantis have acquired wouldn’t be happening……
 

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VKSheridan

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Whilst Stellantis certainly garners a lot of well deserved cynicism, they’re not the only ones at the dance asking crazy prices on top of a weak value proposition. Ford and Chevy are at the feeding trough, happily contributing to the insanity.

The more influence exerted by investment groups, the more leadership is rewarded for short term shareholder value versus long term consumer value. Those days are over….
 

Deleted User 38384

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Wranglers are too mass produced to ever be a collectors item, except for low mileage 392s.
Yeah but, anyone who bought theirs early on can sell it for 2024-2025 prices.

Who was it who posted the thread the other day about that bring a trailer website, some dude sold a bikini Pearl Rubicon for like 62,000, it was low mileage, but they made a 13,000 profit or something like that over what they paid from factory for a 4-year-old used Wrangler.

If the brand shuts down, you'll see anybody who wants one paying top dollar just because they don't make them anymore.

This forum will be loaded up with threads about people buying a Wrangler and wanted advice, only to find out that they got completely taken when they paid $90,000 for a 2018 Rubicon, because they thought that's what they cost.

The world's full of stupid people, and a lot of them have money to waste!

Who was that lady from Las Vegas we had on here a while back who paid $100,000 for a $60,000 Wrangler from a used dealership? There are lots of stupid people like that in the world!
 

JL.FR

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The advantage of France ... I bought my JLU Rubicon in 2019 for 55,000 euros, without ecological tax. Now the same model is taxed 60,000 euros of ecological tax (2024) plus the circulation paper. The dealer calls me every month to buy it back at the original price, because he has customers waiting for this type of Wrangler. But I'm not selling it !
 

imperial4ever

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Wranglers are too mass produced to ever be a collectors item, except for low mileage 392s.
I would think the last year for the JL 2 door Rubi X (And I mean 2 door) 35" inch tires that is 100% ICE may be worth something to someone. After all, it is the iconic Jeep IMHO. That is what I am saving up for to replace my TJ.
 

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twistyfun48

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I would think the last year for the JL 2 door Rubi X (And I mean 2 door) 35" inch tires that is 100% ICE may be worth something to someone. After all, it is the iconic Jeep IMHO. That is what I am saving up for to replace my TJ.
You mean MY24/25 or whenever the last ICE RubyX 2 door is?
 

258_T18A

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Stellantis can start by backing out of some of their 2022-2024 price increases which were a multiple of the inflation rate at that time.

Then they can start skinnying down their lineup of vehicles that no one wants. As has been mentioned in the past, 4 models - Wrangler, Grand Cherokee, Ram 1500, and Pacifica minivan - make up the majority of their vehicle sales. Focus.

Finally, invest in your big sellers and stop trying to milk them with minimal changes year after year.
 
 







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