Can anyone say, Exceptionally Bad Management"?
& them striking a lot, UAW here...
will add something like another $5k USD to ever car off the lines price
$55+ befefits
their greed is one factor,
the people on top, get a lot for driving the co. into the ground
With all the advances these once revered makes made to the American automotive scene, it is hard to accept that they are all dead or dying, and the lowly VW, Toyota, and Datsun (Nissan) have survived.
In
right-to-work states here, keep them (Toyota/Nissan) affordable
or a bit more, more profitable too, for the father co.s & the stock holders
everything sold here is built/produced here,
Every build gets approved by higher-ups/here & there
even if the most of the profits go back to Japan, 'father companies'
(or Mothership if you like)
& they market the **** out of them, they don't skimp...
Old business advert. adage was, spend advertising $$$,
every $1 spent you make $4-$5 or more back,
that was 20 years
Now what I've seen, it's more like $1 spent $7-$8 or more back now
& they still have to market it more than ever...
You see a shitload of locals dealership commercials
not as many corporate Big 3 car builders adds
Toyota/Lexus & Nissan/Infinity they
are More American made now
than most any of the big 3, Ford, Stelantis/Chrysler, GM
even if you include Canadian facilities
many are made in & assembled in Mexico,
cheap/er (far cheaper) labor so they can survive
our insurance & taxes here are brutal, taxes in Canada are even worse
It's hard to compete with their labor rates, when we spend 40%+ more
just to keep the doors open, in various insurances & taxes
Hell just workman's comp here is like $20/per hundred paid,
that's 20% right off the top of your bottom line
more if they have a bad record of injuries, even in a huge labor pool
even if they were to buy/average over 100,000 policies
& ours rates to keep a brick & motar business open
propery taxes
& still be competitive/profitable, especially with Govt. Mandates
or the strikes that killed their 4 th qtr profits for investors & the Mother ship
When electronics & chips from China/Taiwan-Chinese Tipai,
many foreign parts/suppliers, it's nothing like it once was
a few holdouts still in the American/Canadian mnfrs/suppliers...
Especially with 40% real inflation today...
not the BS #'s posted in the news, that doesn't include
gas, groceries, rent/mortgage or extortion rates for shipping costs now,
ups some 40%-70% depends on what & where, or with them coming down
on diesel rigs regs either...
Now you can use a coal-fired train to feed the electric generators
that move much of the stuff... & pay carbon penalties
It's a long list of regs & reasons...
American cars aren't really made in America much anymore
I did see the Ohio Jeep plant was going gangbusters again
supposedly they will build the new Ram-Dakota, there too
My $1.25