Why are U.S car dealerships lying about electric car demand?

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  • เผยแพร่เมื่อ 9 พ.ค. 2024
  • Why are U.S car dealerships lying about electric car demand?
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ความคิดเห็น • 598

  • @sun-man
    @sun-man 2 หลายเดือนก่อน +180

    Possibly one of the largest benefits of EVs will be the extinction of the Stealership networks

    • @P2B_JC
      @P2B_JC 2 หลายเดือนก่อน +4

      Because monopolies always lowered the cost to the consumer. Lord, your ignorance is amazing.

    • @sun-man
      @sun-man 2 หลายเดือนก่อน

      ​@@P2B_JCmiddlemen are surplus to needs in an EV world. Bah bye!

    • @BobKalweit
      @BobKalweit 2 หลายเดือนก่อน +11

      ​@@P2B_JCThere won't be competition without Dealerships? 🤔

    • @edsta714
      @edsta714 2 หลายเดือนก่อน +21

      @@P2B_JCI didn’t realize there was only one car manufacturer. The ignorance is thinking adding another mouth to feed in the middle of a transaction that gets a cut would lower prices.

    • @P2B_JC
      @P2B_JC 2 หลายเดือนก่อน +2

      @BobKalweit not nearly as much. When all the private-owner dealerships turn belly up in favor of manufacturer takeover, that means you can no longer source the vehicle from anyone other than the manufacturer. That creates a monopoly of that specific brand, meaning you lose leverage when trying to resell your vehicle months or years down the line. That means the costs of these vehicles go up by at least a few thousand as manufacturers will now need to compensate for increased overhead and legal liabilities. Less competition and larger costs means higher prices for the consumers. You go to dealership A and they discount a car $1,500, but dealership B is $2,000. If manufacturers own the sales process, that $500 won't exist. My gross profit for the month of February on new vehicles was about $6000 over 40 cars, so do the maths. So, believe it or not, dealers often lose money to sell cars. Manufacturers won't, and their NET profit margins will need to be at least $1,500 to stay green and growing.

  • @punditgi
    @punditgi 2 หลายเดือนก่อน +40

    So glad to see you pushing back on misinformation. 🎉😊

  • @tonystorcke
    @tonystorcke 2 หลายเดือนก่อน +37

    Dealerships don't like EV's. They want to sell products which required great amounts of maintenance.

    • @timothykeith1367
      @timothykeith1367 2 หลายเดือนก่อน +1

      Any vehicle that requires high maintenance will get poor reviews and few will buy them. No salesman wants to sell a junky product.
      Dealers don't like to hire highly skilled technicians. They pay the techs as low as they can. Dealers are often paid low rates for warranty claims and can lose money on some repairs. The best mechanics will go work at independent repair shops.

    • @tonystorcke
      @tonystorcke 2 หลายเดือนก่อน +3

      @@timothykeith1367 The maintenance on EV's is virtually zero. Dealerships don't want that.

    • @timothykeith1367
      @timothykeith1367 2 หลายเดือนก่อน

      @tonystorcke Consumer Reports claims that EVs have more problems.

    • @darylfoster7944
      @darylfoster7944 หลายเดือนก่อน

      Depends if you're taking it there for routine maintenance. I have a 17 year old Civic and an 11 year old Civic, and I think I've been to the dealer once for the two cars combined.

  • @Supersurfer12
    @Supersurfer12 2 หลายเดือนก่อน +50

    I just saw a news story where a dealership owner says he wished EVs slowed down. It was a Mercedes dealership, there is a lot of money with maintenance on that car brand.

    • @alihms
      @alihms 2 หลายเดือนก่อน +6

      This is one of the main reasons. Maintenance is a huge source of income. Reduced maintenance (frequency and cost) means a significant reduction of income for them.

    • @hillmans69
      @hillmans69 2 หลายเดือนก่อน +1

      Yeah, it's amazing how many fewer horse-drawn vehicle manufacturers, dealers, and maintainers there are these days!

    • @neilfromclearwaterfl81
      @neilfromclearwaterfl81 2 หลายเดือนก่อน

      @@hillmans69I believe Engels Coach Works is still at it building and repairing 20 Mule Team Trains, Beer Wagons, etc.
      Best!

    • @neilfromclearwaterfl81
      @neilfromclearwaterfl81 2 หลายเดือนก่อน

      @@danielduggan7126 About as low maintenance as BMW or Porsche.

    • @wordsworthbklyn
      @wordsworthbklyn หลายเดือนก่อน

      Exactly. Tesla comes to your house to rotate your tires. Those ice maintenance costs has you not even take your car in properly.

  • @ronin4580
    @ronin4580 2 หลายเดือนก่อน +48

    To answer you question; the dealers deceive, 1) because it's what they have always done, it's in their DNA, and 2) EVs threaten their wealth. In many U.S. states, dealership owners rank among the richest people in the state.

    • @Tron-Jockey
      @Tron-Jockey 2 หลายเดือนก่อน +7

      If dealerships don't want to sell EV's then they should give back to manufacturers the right to sell EV's themselves. There, problem solved. Dealerships won't allow that to happen though. Dealerships, (via their powerful lobby the National Automobile Dealers Association -NADA) in a collusive effort with state governments created the automotive franchise laws that now FORCE all new car sales to go through dealerships. Nearly all manufacturers (except Tesla) are now required to sell their vehicles via middlemen dealerships. This wasn't always the case. Manufacturers were initially allowed to sell directly to customers. You could buy through a company store or literally drive up to the factory and buy your new car as it rolled off the assembly line. Same car, same color, same options, same warranty, NO DEALER MARKUP. Many of our grandfathers were able to purchase their new cars that way. Not the most practical method for everyone but it nonetheless represented what a free people living in a free country under "supposedly" free market capitalism, had come to expect. But dealerships didn't like that customers could go around them so they had their powerful lobby convince state governments that there were advantages to regulating the industry. Dealers claimed regulations were necessary to offer customers "consumer protection" from those unscrupulous manufacturers. Yes, let the irony of that sink in for a moment. Unlike with Alcohol, Tobacco, Firearms and Pharmaceuticals there is no safety or consumer protection reason to regulate automobile sales. It's done purely to allow middlemen to get rich pocketing often huge markups at the customers expense.

    • @1voluntaryist
      @1voluntaryist 2 หลายเดือนก่อน

      @@Tron-Jockey Yes! I blame the voter who endorses the coercive govt., i.e., using NOT reason, but the initiation of deadly threat, fraud, called "law". When they do, they force "law & chaos" on ALL of us. Lobbying is legal bribery, a conspiracy between business/govt. This is NOT capitalism, it's fascism.

  • @417ah7
    @417ah7 2 หลายเดือนก่อน +8

    A relative of mine is a Service Writer for the largest Toyota Dealer in Southern California.
    He says the dealership makes HUGE profits off of service and repair work, much much more than the actual sales of new cars.
    Electric cars require little or no maintenance beyond tires. Most of his mechanics would be let go if California's goal of 100% EVs come true in just a few years from now. Dealers DO NOT WANT EVs.

    • @jamesphillips2285
      @jamesphillips2285 2 หลายเดือนก่อน +1

      A component level repair option on the batteries would be nice. If dealers are not going to provide them: third-parties will.

    • @Fomites
      @Fomites หลายเดือนก่อน +1

      Some hire/rental car companies are moving away from EVs because they say they are currently expensive to repair. Hopefully this is a transient issue.

    • @jamesphillips2285
      @jamesphillips2285 หลายเดือนก่อน

      @@Fomites I admit that on my recent road trip on the other side of the country: I did NOT push for an EV (some were apparently available).
      Did not feel like chasing down charging stations. We DID turn down an "upgrade" to an SUV (small sedan was enough for two of us.)

  • @user-yo1db9yb5b
    @user-yo1db9yb5b 2 หลายเดือนก่อน +5

    I bought a Cadillac Lyriq EV this week and the sales manager said he was selling them as fast as they rolled off the delivery truck.
    When I asked the salesman what his commission was, he said zero. There is so little difference between the factory invoice and the MSRP (called the “reserve” in the car business) on the GM EVs that after what the dealer made for profit, he only got credit for a car sold against his monthly draw and not his usual commission of $250 - $300.
    A salesman at another dealership told me the same thing.
    So at least for Cadillac, the factory has structured the prices so the dealers don’t make as much on EVs as they do on ICE cars so it seems logical that they aren’t pushing EVs.

    • @greeneyesms
      @greeneyesms 2 หลายเดือนก่อน +1

      I'm curious how soon Lyrics will start rolling off the flatbed trucks.

    • @user-yo1db9yb5b
      @user-yo1db9yb5b 2 หลายเดือนก่อน

      @@greeneyesms On the two dealer lots that I have been on in the last ten days, each had at least 10 Lyriqs on the lot. However, they were almost exclusively level 1 trim or totally packed level 3’s. The Sport and Lux 1 trims were mostly silver or black - no red or green.
      The ones the salesman was referring to were level 2 and non-packed level 3’s.
      GM shot itself in the foot building only low level trims in limit colors in 2023, and now the dealers are paying flooring for cars that are not in demand. The ones that are in transit are mostly spoken for so they go off the truck > PDI > delivered. My car was delivered on Wednesday and out the door the next day as was its twin. Two other high level trims with more desirable colors are due in this week and are already sold.

    • @greeneyesms
      @greeneyesms 2 หลายเดือนก่อน

      @@user-yo1db9yb5b Interesting. I have to wonder if GM missed the mark on how many of which trims to produce.

  • @kebuhrogers
    @kebuhrogers 2 หลายเดือนก่อน +2

    My friend bought a BZ4X. The dealership told her over and over not to get an electric car, and to get a gas SUV instead. This is on southern California where charging is not a problem. The dealer is not on your side.

  • @easternrazor3749
    @easternrazor3749 2 หลายเดือนก่อน +62

    When was the media ever telling the truth.

    • @greeneyesms
      @greeneyesms 2 หลายเดือนก่อน +2

      It used to, back in my day. What they said aligned with what people saw and experienced every day.

    • @LesterSuggs
      @LesterSuggs 2 หลายเดือนก่อน +2

      Before 1986 we had a law in the USA that media outlets had to report the unbiased truth. The GOP's Queen, Ronald Reagan allowed it's repeal.

    • @greeneyesms
      @greeneyesms 2 หลายเดือนก่อน +3

      @@LesterSuggs Interesting. Please tell me what law you are referring to.

    • @greeneyesms
      @greeneyesms 2 หลายเดือนก่อน +4

      @@LesterSuggs The Fairness Doctrine only applied to free over-the-air broadcast licenses and required counter opinions to be aired. The law did not require the reporting of unbiased truth.

    • @LesterSuggs
      @LesterSuggs 2 หลายเดือนก่อน +2

      @@greeneyesms But it was implied. Also covered that editorials had to be placed at the end of new casts with warnings.

  • @marchcyr1811
    @marchcyr1811 2 หลายเดือนก่อน +22

    One thing that you are not saying, maybe you are to polite is the inability of the US to adapt steming from the fact that a lot of the population cannot see beyond their borders. They were unable to adapt to the metric system, unable to adapt to smaller cars, unable to adapt to competetion from China, unable to adapt to oil reduction and now close to 50% of the population belives in a political fairytale. We are living the same situation in Canada with the oil producing provinces, so a lot of people have a vested interest in oil. They call for common sense but are unable to admit science with its inherent imperfections in the search for truth.

    • @nordlandak6853
      @nordlandak6853 2 หลายเดือนก่อน

      Yep screw the rest of the world. Take your ev and metric system and shove it!

    • @marchcyr1811
      @marchcyr1811 2 หลายเดือนก่อน +9

      Point in case.

    • @nordlandak6853
      @nordlandak6853 2 หลายเดือนก่อน

      @@marchcyr1811 yep we don’t want your coffin on wheels or your slave state…

    • @whowhy9023
      @whowhy9023 2 หลายเดือนก่อน +4

      @@marchcyr1811He just made your point beautifully 😂😂😂

    • @RandyP-jr1ek
      @RandyP-jr1ek 2 หลายเดือนก่อน +1

      And yet, we are still the wealthiest country in the world - must be doing something right. Eh? Plus Tesla started here!

  • @ctuna2011
    @ctuna2011 2 หลายเดือนก่อน +12

    There are endless repair shops as well as dealerships this will be a major disruption . Not saying it shouldn't or won't
    happen. I never go to a dealership unless it's for a recall.

    • @whetwilly1
      @whetwilly1 2 หลายเดือนก่อน +1

      Old mechanics will fade away and the remaining ones will flourish for a good while. ICE is not going to disappear anytime soon. Newer EV repair shops will move in to take their place. There is may be less to work on with EV’s but with batteries, computers, inverters, not to mention brakes and tires and body work, the type of repair shops and what they do will evolve. A smart dealership/Mechanic will embrace the changes and adapt.
      Free markets and the pursuit of capital will find a way.

    • @ericn3221
      @ericn3221 หลายเดือนก่อน

      ​@@whetwilly1 Well said!

    • @TyTyMcGinty
      @TyTyMcGinty หลายเดือนก่อน

      Not to mention gas stations

  • @417ah7
    @417ah7 2 หลายเดือนก่อน +12

    My local mechanic said "if you buy a new car, get whatever you want.
    But if you buy a used car DO NOT BUY a BMW or Mercedes".
    He recommended a Lexus for buying used.
    However, I am very happy with my Tesla Model Y.

    • @HermanIdzerda
      @HermanIdzerda 2 หลายเดือนก่อน

      Your mechanic is right. Toyota/Lexus is very nice for hybrid. One of my cars is a RAV4 hybrid and it is very good, low maintenance, everything works and keeps on working the way it should. Annual maintenance does not cost an arm and a leg (in contrast to eg Renault or Mercedes). And it just sips gas with 16.9 km/l, about 34 miles/gallon (US). It's a bummer that Toyota does not make good BEV models.

  • @dt4807
    @dt4807 2 หลายเดือนก่อน +4

    Lying in US? No way! 😏

  • @ahopefiend1867
    @ahopefiend1867 2 หลายเดือนก่อน +9

    I have been seeing more and more electric cars on the road each day. In 2023 it was very common to see a Tesla on my way to work every day. Now I see the same as well as well as atleast one other brand - Rivians, Fords, Hyundais EVERYTIME I drive to work. Also, I have NEVER seen an EV on the side of the road. Evan seen a couple of LUCIDS! Then I go to work and everyone tells me how dealers don't like having to sell EVs.

  • @jpf6141
    @jpf6141 2 หลายเดือนก่อน +20

    In Sweden tesla sold record volume in january 2024 even tho its TSLA union strike lol

    • @mkyhou1160
      @mkyhou1160 2 หลายเดือนก่อน

      Lots of rich liberal soy boys in Sweden, and lots of tax incentives.

    • @robina.jensen6114
      @robina.jensen6114 2 หลายเดือนก่อน

      Yeah that's says a lot about Tesla. Won't accept the rules in the countries they want to sell in. They probably won't pay tax either.
      Sweden is structured like the rest of the Nordic countries in terms of tax payments. Wages are secured by trade agreements that ensure workers' rights and a wage they can live on. From that salary they pay taxes, which then in turn gives them free school for their children, free hospital treatment regardless of what they fail and a care sector that takes care of their old parents! All that you don't have in the US, where Tesla comes from. It is sad to see so many putting their money into the pockets of a misanthropic man because he bewitches them with the lie that he will save them!

    • @acolon8999
      @acolon8999 2 หลายเดือนก่อน

      ​@@robina.jensen6114This is beyond Tesla. If the majority of the workers don't want the Union, why force that on them which is what the Union is trying to do.
      If they decided to have all those workers affected vote, would you agree with the outcome of their decision? Or do you think that they should be forced to comply with the union even if they voted against it?

  • @leosoley1847
    @leosoley1847 2 หลายเดือนก่อน +15

    I believe if we develop EV’s to cost less than gas cars and more range than a gas car it will be a win win.
    I love EV’s and owned 5 of them and all had almost 0 maintenance cost except for tires.

    • @ivannavi8154
      @ivannavi8154 2 หลายเดือนก่อน +2

      You owned 5 of them you say. They obviously didn’t last very long going on those numbers or you just kept them for a very short time before they caught fire..😂

    • @reyfetsalmo3346
      @reyfetsalmo3346 2 หลายเดือนก่อน

      ​@@ivannavi8154maybe he leased them. Research shows EVs less likely catch fire compare to ice vehicles. For your info most EVs come with 8 years or 120k miles warranty on batteries and drive train.

    • @neilkurzman4907
      @neilkurzman4907 2 หลายเดือนก่อน

      Why don’t we also design them to fly too, that would be convenient.
      Just because we want something does it mean it’s economically possible?

    • @ericn3221
      @ericn3221 หลายเดือนก่อน

      ​@@ivannavi8154Start reading more. You might learn something.

  • @neilfromclearwaterfl81
    @neilfromclearwaterfl81 2 หลายเดือนก่อน +2

    We get runaway inflation with everyone trying to grab "As Much Money as We Possibly Can" instead of "As Reasonably and Ethically as We Should." This has led to manufacturers changing the basic subsystems in vehicles to be as costly as possible to maintain. For example, in the old days a car with a manual transmission had a clutch operated by a lever and a rod or a cable which then was changed to a much more expensive hydraulic system with a hydraulic cylinder mounted on the side of the bell housing with its hydraulic line going to a master cylinder connected to the clutch pedal however those were fairly reliable and didn't require much maintenance plus when they did fail it didn't take much time to fix. Today they moved the hydraulic slave cylinder inside the bell housing making it hollow so the clutch shaft goes through it so when it fails it ruins the clutch (most times 50,000 to 80,000 miles prematurely) requiring a full clutch pack replacement which means separating the engine and transmission. The result of this change is that instead of replacing a $10 to $19 clutch cable or $50 to $100 external clutch slave cylinder in 15 to 30 minutes your are spending 1 or 2 days of labor replacing $500 or more worth of parts raising the cost for dealing with this formerly $50 to $200 repair to a $2,000 to $2,500 or greater repair. This can triple the incident of clutch replacement and is a big money maker for dealerships and dealerships don't want to give up this and other lucrative yet highly unethical business that comes from designing for premature component failures that can be classified as maintenance items that are very costly to perform into vehicles. Then there are oil changes, ignition system parts, lambda sensors, exhaust systems, fuel systems, 6 to 10 speed automatic transmissions, lock-up torque converters, etc, etc that are all expensive to regularly service and even more frightfully expensive to repair.
    Of course they are going to protest when this Unethical Gravy Train is no longer going to be supported and are going to tell whatever story is required to keep the Ill Gotten Gains rolling in. You hear the same child's excuse too when they justify it as "Just Business" or in effect "All the other kids do it."
    A 1 to 2 million mile EV that requires little to no maintenance and costs the same as ICE would be their worst nightmare.
    Best!

  • @hutchrt0596
    @hutchrt0596 2 หลายเดือนก่อน +15

    If you believe the media when it comes to EVs, look at what they've said about the cyber truck. Why would anybody want one? Yet here we have Ford and Porsche buying one to study. Why? Seeing the very obvious lies, as vested as I am into EVs, really has made me question more media on so much more.

    • @acolon8999
      @acolon8999 2 หลายเดือนก่อน

      But here is what I find really disturbing. Not only because I've done my research but because I also own a BEV it is easy to see how they are lying. But how about other issues that I am not as knowledgeable about. They are probably lying as well but I just don't know it.
      Nowadays I just don't trust the media at all. If I see something that I'm interested in, I'll research it from multiple sources.

    • @neilkurzman4907
      @neilkurzman4907 2 หลายเดือนก่อน

      You need to separate real news from opinion when you use the word media. Because TH-cam Instagram and Facebook are not always News.

  • @davidlloyd1526
    @davidlloyd1526 2 หลายเดือนก่อน +2

    Car manufacturers should be allowed to directly sell to the consumers (if they want).

  • @alfredoj1349
    @alfredoj1349 2 หลายเดือนก่อน +4

    I work in the industry and the manufacturers themselves are slowing down due to demand

    • @1voluntaryist
      @1voluntaryist 2 หลายเดือนก่อน +3

      I assume you mean "the ICE industry" correct?

    • @alfredoj1349
      @alfredoj1349 2 หลายเดือนก่อน +2

      @@1voluntaryist no, I meant the electric cars industry. We manufacture motors, inverters and transmissions for OEM's and some manufacturers and halting or ramping down current and new projects

    • @whetwilly1
      @whetwilly1 2 หลายเดือนก่อน

      @@alfredoj1349 i have been wondering about the market for EV’s over all, currently. I know the US govt/FED has been praising the strong economy, but I have not seen too much enthusiasm from work-a-day folks to back that up. No one looking to buy any new vehicles (ICE or otherwise). Seen recovery trucks more often pulling cars from parking lots/driveways. A friend whose wife works in the loan/loss department at our local Credit Union says they have been swamped with delinquencies. This is all local and anecdotal, so if your neighbors in the gated community you live in sees a flourishing economy, congrats! (I can see ya’ll leaning over your iMac Pro’s in your private studies getting ready to launch an attack at me for being a lazy commoner or something) But I see a disconnect between official numbers and physical economy…at least around me.

    • @jamesphillips2285
      @jamesphillips2285 2 หลายเดือนก่อน +4

      Demand did not grow as fast as expected. It did not go down.

    • @darylfoster7944
      @darylfoster7944 หลายเดือนก่อน

      Those companies are being run by the accountants. The advice is something like this: Well, we could ramp our EV production, but we're losing $30k per vehicle, so if we sell more, we're going to significantly reduce our earnings for the next 3-5 years, and our share price is going to drop.

  • @chillfluencer
    @chillfluencer 2 หลายเดือนก่อน +13

    The business model you are referring to, Sam, is being called the "RAZOR and BLADES" business model.
    The razor and blades business model is a business model in which one item is sold at a low price (or given away for free) in order to increase sales of a complementary good, such as consumable supplies. It is different from loss leader marketing and free sample marketing, which do not depend on complementary products or services. Common examples of the razor and blades model include inkjet printers whose ink cartridges are significantly marked up in price, coffee machines that use single-use coffee pods, electric toothbrushes, and video game consoles which require additional purchases to obtain accessories and software not included in the original package.

    • @Tron-Jockey
      @Tron-Jockey 2 หลายเดือนก่อน +5

      Exactly. This is what Hewlett Packard did with their Ink-Jet printers. Customers purchased the printers at surprisingly cheap prices only to find out the ink didn't go very far and they had to constantly replenish the ink cartridges at exorbitant prices. Why I won't buy another HP Ink Jet.

    • @user-yo1db9yb5b
      @user-yo1db9yb5b 2 หลายเดือนก่อน

      @@Tron-Jockey Yeah, but their LaserJet printers are bulletproof and inexpensive to run. B & W only, however.

  • @thomassimmer5186
    @thomassimmer5186 2 หลายเดือนก่อน +2

    Additional things dealers dislike about EV's is that they require moderate investment on their part and Tesla doesn't use dealerships, an existential threat. They fear that legacy autos will adopt the Tesla direct to consumer sales model and cut them out.

  • @jasontran8095
    @jasontran8095 2 หลายเดือนก่อน +12

    Sam is very correct about dealership making money from replacing parts. They charge 100USD/hr for labor and make up a lot on part cost. My Tesla model 3 and Ford Mustang have had no service at all in the first 3 years, only tire rotation.

    • @timothykeith1367
      @timothykeith1367 2 หลายเดือนก่อน +1

      If dealers make so much money repairing cars why do they pay their mechanics so poorly?

    • @RacerX1971
      @RacerX1971 2 หลายเดือนก่อน

      $100 an hour? Are you stuck in 2000. They charge like $200 or more. Do your homework and stop spreading lies.

    • @markmiller8903
      @markmiller8903 หลายเดือนก่อน

      Stop lying
      .

  • @chrish8871
    @chrish8871 2 หลายเดือนก่อน +3

    Gms bail out cash must play apart here? Tax dollars ploughed into saving car manufacturers that can’t be allowed to fail. There in lies the making of something approaching a cartel.

  • @FalkinerTim
    @FalkinerTim 2 หลายเดือนก่อน +3

    If you have two petrol stations side by side and one is selling petrol at $2.00 per litre and the other is selling petrol at $0.60 per litre sooner or later the customers are going to go to the petrol station that is selling petrol at $0.60 per litre. PR can only do so much.

  • @flaymil5373
    @flaymil5373 2 หลายเดือนก่อน +3

    It’s a collaboration with the big OEM’s in cahoots with dealers to slow down or their plan to try and slow down Tesla. 😂 it’s not working

  • @mnhsty
    @mnhsty 2 หลายเดือนก่อน +6

    I imagine the automakers are encouraging this pushback.

    • @1voluntaryist
      @1voluntaryist 2 หลายเดือนก่อน +1

      Don't lump all automakers together. Tesla, Aptera, Chinese makers exist because they are selling an ever popular product, NOT because of governments.

  • @MrkBO8
    @MrkBO8 2 หลายเดือนก่อน +5

    If they have to sell product without profit, they wont be selling the product for long

    • @philipperapaccioli2868
      @philipperapaccioli2868 2 หลายเดือนก่อน +1

      That's the dilemma for traditional car manufacturers. Their dealership network is expensive, is hostile to evs and is not required in its current form to sell and maintain evs. Yet the car manufacturers still need their dealers to sell gas powered cars.
      Tesla has no dealership network. They sell direct, cutting out the middle man, and they operate the service centers.

    • @MrkBO8
      @MrkBO8 2 หลายเดือนก่อน

      Thats not true. Tesla has a showroom in the center of town here to demonstrate the vehicles, arrange test drives and so on. They dont have a service center though so if you need one your f#cked. IMO there is no competition for Tesla at the moment, when there is that's when dealers will be required to sell one ev over the competitors. Its easy for me to say to the Honda dealer, do a deal or I'll buy a Toyota, I cant yet do that to Tesla@@philipperapaccioli2868

    • @jamesphillips2285
      @jamesphillips2285 2 หลายเดือนก่อน +1

      @@philipperapaccioli2868 Those stories of Hyundai quoting $56,000 for new batteries (more than the whole car new) after cosmetic damage show that dealers are still needed for repair.
      They are just not equipped to actually repair the new EVs. Examining a damaged battery piece by piece, replacing components as necessary, should cost about the same as an engine rebuild.

    • @philipperapaccioli2868
      @philipperapaccioli2868 2 หลายเดือนก่อน +3

      @@jamesphillips2285Electric cars require virtually no maintenance. Replacing the liquid coolant of the battery every five years and the brake fluid until brake by wire technology is adopted.
      EVs will, if they are not already, be far more reliable than gas powered cars. An electric engine has one moving part, and is virtually indestructible. EV batteries are quite robust.
      So the only thing that is left is repairing accident damage. Not sure a dealership network is required. Company owned service centers should suffice and be much cheaper for the manufacturer.
      As for the Hyundai exemple, that is a dealer quote. Clearly unqualified and apparently uninterested. Do not see how that bolsters the claim that dealerships are needed. Sounds more like battery repair specialist shops are needed.
      Tesla has demonstrated that the dealership model when it comes to electric cars is obsolete.
      Dealership owners are typically wealthy. It has been a very lucrative activity to own. I can imagine that they will do everything they can to preserve their cash cows. It will be interesting to see if politics or economics triumph.

    • @jamesphillips2285
      @jamesphillips2285 2 หลายเดือนก่อน

      @@philipperapaccioli2868 Last time I took an "electrical" issue to a Hyundai dealership (radio no longer syncing with phones due to a lack of space): they charged extra for an "electrical" diagnostic, then were unable to fix it. (Suspect the EEPROM needs reflashing.)
      I don't think a lot of mechanics are actually equipped to figure out issues involving electronics.
      At the end of the day: I don't care if it is dealerships or independents that step up. But somebody needs to invest in that kind of capability.

  • @thomaslemay8817
    @thomaslemay8817 หลายเดือนก่อน +2

    Last years statistics are simply that last year's statistics. Currently, there are up to 400 days supply of new Eevee's in stock ready for sale that are not selling . The prices are high, and replacing a battery is also astronomically. High. Used EVs are also not selling in 2024 . I looked at purchasing one of the EVS that Hearse is dumping on the market because of the high maintenance cost. The price was too high. I have solar on my house plus a large solar battery backup. The only way it would make sense for me to use an EV today would be if they gave it to me . I worked for an auto dealership for many years . One part of the establishment that they would have loved to close more than any other thing in the dealership was the maintenance facilities . Most of the work done is warranty work, Warranty work is done at a loss .

  • @Mechtasy
    @Mechtasy 2 หลายเดือนก่อน +14

    There is so much momentum with the battery manufacturing, battery pricing will fall with double the density. ICE will not be able to compete on pricing. Unboxed model Y with M3P+ price drop 5k to 10k.

    • @Polestar_143
      @Polestar_143 2 หลายเดือนก่อน +9

      But if that is true, why they have to mandate an end date of ICE cars? Let them compete and people make their choice. That would be the best for consumers

    • @whowhy9023
      @whowhy9023 2 หลายเดือนก่อน

      @@Polestar_143Yes Musk is against all subsidies.

    • @RandyP-jr1ek
      @RandyP-jr1ek 2 หลายเดือนก่อน

      It’s mostly the European Union mandating the end of ice vehicles because of toxic emissions - ever walk into a coal fired power plant? I used to work in one a long time ago - terrible for everybody in and out of the plant, even with emission controls we had then. So, long story short ice car emissions are bad for your health - even if it takes a decade or two to show up in your lung cancer X-ray. Now do you understand it’s not completely about economics? @@Polestar_143

    • @robina.jensen6114
      @robina.jensen6114 2 หลายเดือนก่อน

      ICE is another product to another segment of buyers. EV's can't compete without subsidies paid by other citizens / car owners.
      It is extremely doubtful that anyone will pay for a new battery when the electric car is 10 years old. Then it ends up as e-waste. EVs are the environmental scandal of the future!

    • @1voluntaryist
      @1voluntaryist 2 หลายเดือนก่อน

      @@Polestar_143 ABSOLUTELY! In a free country (which has NEVER existed) the market would be free, i.e., capitalist. None has ever existed because no country has ever had self-governing people. Every nation (state) has used the politics of laws, i.e., deadly threats, fraud. They called this "order" but it is CHAOS, e.g., war, war, war and more war, foreign and domestic.

  • @mikepayne1350
    @mikepayne1350 2 หลายเดือนก่อน +8

    because they are paid by oil companies

  • @Pierceb2
    @Pierceb2 2 หลายเดือนก่อน +7

    You video is right on the mark but the ICE Dealerships are loosing the war and many have accepted hat EV’s are here to stay. I am on my 3rd EV and the charging network s improving quickly in most areas of the US daily. Like it has been said before 95% of EV charging is at home. In the past year I have found traveling long vacation trips from home finding D/C Fast Charging has become a non issue I say rent an EV and take a short travel vacation and use the navigation system or an app to plan your charging on the way or at your destination.
    Electric Viking my thought are with you, your wife and family every day.😊

    • @whowhy9023
      @whowhy9023 2 หลายเดือนก่อน

      What EV do you have?

    • @jamesphillips2285
      @jamesphillips2285 2 หลายเดือนก่อน

      The number of CHAdeMO chargers within driving distance for a 40kWh Nissan Leaf has doubled in the last year around where I live. They all seem to be FLO chargers. Sadly the Leafs I can likely afford seem to have only 3kW L2 charging.

    • @Pierceb2
      @Pierceb2 หลายเดือนก่อน

      @@whowhy9023 Currently a 2024 Model Y AWD LR it’s the software integration along with the car itself that sold me on it. The other makers haven’t mastered the software yet. I have leased all of mine as the tech is changing so fast every few years I think owning is a mistake for now. If you want to buy to own former lease EV’s are the way to go because of the fast depreciation.

  • @sabastian4858
    @sabastian4858 2 หลายเดือนก่อน +1

    The title of the video is funny. Media used to investigate their stories so when you say dealers are lying to the media, it makes me chuckle.

  • @markrudolph683
    @markrudolph683 2 หลายเดือนก่อน +3

    You have a good point.

  • @josemauriciomallea
    @josemauriciomallea 2 หลายเดือนก่อน +2

    This is a problem of having NO TRANSITION PLAN, but also the legacy automakers are so far behind on EV manufacturing. They may all end up rebranding BYDs and TESLAs!

  • @danilocapellini1057
    @danilocapellini1057 2 หลายเดือนก่อน +10

    i drive a MG ep ev for now 1 year, its the best car i ever had.

  • @davesy6969
    @davesy6969 หลายเดือนก่อน +1

    Dealerships do not make much on selling new cars, they make most of their money on finance commissions and servicing.

  • @chriskirkman6049
    @chriskirkman6049 2 หลายเดือนก่อน +3

    Yes it is not the car dealers that are worried it is also the car garages as well, I had such a interesting reaction when I went to the garage I use to get my ICE vehicle repaired at from the owner, it was because he realised he has now lost business from me. It gave me quite a laugh after I had left with my son just the way the conversation went, he was not keen on the EV I had, but not totally against them.
    But more of this is going to happen and people need to adapt. Many trades have gone through changes before and this wont be the last.

    • @Fomites
      @Fomites หลายเดือนก่อน

      Indeed. And that's why we don't have many blacksmith shops now.

  • @bigrobsydney
    @bigrobsydney 2 หลายเดือนก่อน +1

    Its all about the money. I'm shocked. SHOCKED, I tell you...

  • @stigbengtsson7026
    @stigbengtsson7026 2 หลายเดือนก่อน +4

    The worst nasty word you could call someone here in Sweden some 10 years ago was "He is a second car dealer" what does it mean is that he is going to fool you 😅 I'm thinking about this now when the car dealers are lying in the US.
    Just trying to save their buisseness - giving a "shit" in the enviroment - 😫

  • @ap5672
    @ap5672 หลายเดือนก่อน +1

    Ev maintenance seems like its all or nothing. Its either zero or replace the whole thing. We need a solution for this.

  • @1voluntaryist
    @1voluntaryist 2 หลายเดือนก่อน +1

    As an ardent BEV fan I have ZERO problems with any ICEV that has ZERO poison emissions. Also, zero laws, i.e., the initiation of deadly threats, fraud. It's just reasonable to be non-violent, on principle.

  • @stevenmitchell7830
    @stevenmitchell7830 หลายเดือนก่อน +1

    Consumer reports are showing EV reliability to be much worse than equivalent ICE vehicles. So surely dealerships would make more money as EV service is very expensive?

  • @aeronYTco
    @aeronYTco 2 หลายเดือนก่อน +1

    Dealerships can also earn or make money from other methods such as software updates, battery replacement, parts replacement, and more

  • @timothykeith1367
    @timothykeith1367 หลายเดือนก่อน +1

    Sam doesn't understand the dealership model. Many of the dealers lose money on warranty reimbursements from the manufacturer. After the warranty expires most car owners skedaddle to their favorite independent repair shop. It's always been that way.
    Only Tesla has a major following in 2024. The other manufacturers might be losing money on each EV sale. The break even point for a new model might be a half million sales, or greater, but the engineers keep revising the design, so the manufacturer announces a new EV for next model year. Customers say: Hmm... might as well wait for the new model.
    Buyers of very high end cars might be loyal to dealers.
    Its EV owners and owners of all-new 1st year models who must go to the manufacturer's authorized service center because the aftermarket doesn't have the needed parts.

  • @timshealy8019
    @timshealy8019 2 หลายเดือนก่อน +2

    I think your 100% correct

  • @deplorablechump8758
    @deplorablechump8758 2 หลายเดือนก่อน +4

    Powerful union bosses and car manufacturers want to keep producing ICE cars because they have fallen behind in the EV competition.

    • @larryc1616
      @larryc1616 2 หลายเดือนก่อน +2

      Kodak, Nokia, sears, blockbuster, taxis...

  • @jonathanfreyone526
    @jonathanfreyone526 2 หลายเดือนก่อน +2

    They all have their own agenda.

  • @r.a.monigold9789
    @r.a.monigold9789 2 หลายเดือนก่อน +2

    Sales people at New Car Dealers are paid a percentage of each sale's PROFIT. Reduce the profit per car and sales peoples' income goes down. New car profits are derived from Factory Profit, added dealer fees, accesories added and Maintenance Contracts. M.C.s generate more money per car than all the other profits total. EVs have no need for Service or Maintenance - no need at time of sale for a high profit maintenance contract. Therefore EVs are being DISCOURAGED at dealerships to secure INCOME.

  • @chrisfrye8607
    @chrisfrye8607 2 หลายเดือนก่อน +1

    Because they are scared and cowardly, so they lie and cheat.

  • @Leafbinder
    @Leafbinder 2 หลายเดือนก่อน +4

    Good Morning Sam. Go Tesla Go SpaceX!!!

  • @thomasmerrill3585
    @thomasmerrill3585 2 หลายเดือนก่อน +2

    A lot money will be lost by the big 3 the way they conducted them selfs during last 3 years I hope the competition destroys them bring all foreign brands and make them here and give us cheaper higher quality ev cars

  • @greeneyesms
    @greeneyesms 2 หลายเดือนก่อน +5

    No business wants to create the impression that it is not selling products because customers come in expecting tremendous discounts and it creates doubt in the mind of consumers about the quality of the product vs what they can buy elsewhere. In fact, they talk about how great things are in a "better get yours while you can" way.

  • @user-fs4gp7un2r
    @user-fs4gp7un2r 2 หลายเดือนก่อน +2

    Thanks for your important video's Sam

  • @restonthewind
    @restonthewind 2 หลายเดือนก่อน +2

    You're right that EV demand continues to grow without mandates. Mandates are not necessary, and they are unpopular. Stop pretending that not mandating something is equivalent to banning it. That's called the fallacy of the excluded middle. Let people decide what sort of vehicle they want. If you're right that EVs are better, they'll choose EVs without a gun to their head.

  • @Lou-bg1xc
    @Lou-bg1xc 2 หลายเดือนก่อน +8

    You are sooooo right.
    Gas cars have big time maintenance and car dealers do not want to give that up.

  • @earth2006
    @earth2006 หลายเดือนก่อน +1

    My interest can't get any lower. It will not raise until the infrastructure is a thousand percent better. The price is reduced by at least 30 percent. The battery is unlimited equal to that of an average ICE vehicle's engine in longevity. Have at least 500 miles in range and can recharge in less than 10 minutes. Till then, YAAAAAAAWWWWWNNN !.

  • @StormBringer-
    @StormBringer- 2 หลายเดือนก่อน +7

    Thanks for posting. That misinformation about EV’s is widespread here.

  • @TwoHawksHunting
    @TwoHawksHunting 2 หลายเดือนก่อน +1

    Dealerships need to change their game if they want to remain in business in the age of EVs. Instead of trying to sell unnecessary maintenance packages, they should start selling tire packages and tire rotation packages for EVs. The tires don't seem to last as long on EVs. It may say 50,000 miles, but you'll be lucky to get 25,000 - 30,000. You'll get even less if you don't do regular tire rotations. Good EV tires also seem to cost more than tires for ICE vehicles. Or maybe, it's just inflation or manufacturer's greed.

  • @Alex-pr6zv
    @Alex-pr6zv 2 หลายเดือนก่อน +2

    EVs have maintenance issues too, just different ones. For instance, the higher torque from a standing start means more tyre wear and more stress on the driveline.

    • @whowhy9023
      @whowhy9023 2 หลายเดือนก่อน +3

      ???
      What driveline? There is no clutch and no gearbox.
      There are no maintenance issues.
      No oil, no brake pads to change etc etc…
      Torque does not wear tires unless you abuse it.
      EV’s have crazy good traction control.

    • @RandyP-jr1ek
      @RandyP-jr1ek 2 หลายเดือนก่อน

      Yeah, they do have brake pads - just don’t wear them down as fast due to re-generative braking on most EV models. @@whowhy9023

    • @417ah7
      @417ah7 2 หลายเดือนก่อน

      EV tires are more expensive than regular car tires, and need to be changed more often, around 35,000 or so miles.
      But Tesla cars have ZERO scheduled maintenance, a huge savings for drivers.

    • @jamesphillips2285
      @jamesphillips2285 2 หลายเดือนก่อน +2

      I heard second-hand the that tyre wear problem can be resolved by being a little softer on the accelerator pedal.
      AFAIK "EV" tires use a harder compound so that the overall tire wear in normal use works out to about the same.

    • @darylfoster7944
      @darylfoster7944 หลายเดือนก่อน

      @@jamesphillips2285 harder compounds compromise handling. Also, if I buy a car that goes 0-60 in four seconds, I'm not accelerating like an old woman.

  • @mrmawson2438
    @mrmawson2438 2 หลายเดือนก่อน +3

    Cheers mate

  • @mrmawson2438
    @mrmawson2438 2 หลายเดือนก่อน +16

    They also want to keep workers working for the bit of cash they get so the rich can stay rich and the workers keep working

    • @chrisheath2637
      @chrisheath2637 2 หลายเดือนก่อน +5

      Yes, and in a bizarre twist of fate UAW workers are now in the top 10% of US earners. Not bad for wielding a spanner, mate ! Oh, and by the way, and of course it's completely irrelevant, but Shawn Fain pocketed a cool $500K +, salary last year. Not bad for a socialist worker ! Power to the people, I say ! Forget your brain surgeon jobs, or being a pop star , eh !

    • @Longtack55
      @Longtack55 2 หลายเดือนก่อน +2

      It's not slavery.

    • @puzer1
      @puzer1 2 หลายเดือนก่อน

      ...oh lawdy, someone just discovered Power to the People....

    • @1voluntaryist
      @1voluntaryist 2 หลายเดือนก่อน

      Who is "They"? The business/govt. conspiracy? The "workers" in a capitalist system are all working together VOLUNTARILY, no need for laws, i.e., the initiation of deadly threats, fraud.

    • @YK_data
      @YK_data 2 หลายเดือนก่อน +2

      Exactly, poor peple are working in harsh conditions to mine minerals for ICE vehicles.

  • @RB-yj9ng
    @RB-yj9ng 2 หลายเดือนก่อน +2

    When people are low on cash and prices drop so significantly on EVs that is when the entire formula changes. Technology progress does not stop, ever! Not even during times of war. Battery prices will fall 50% this year along with production costs. It’s just like the old Eight- track or VCR, you can’t find them today much less give them away all because tech moved on to something better. The interesting part to all of this it’s not about EVs at all it’s about tech advancing faster and farther than we ever imagined would occur in our lifetime. The car industry is just the first victim to be really be impacted along with media company’s and tech layoffs. Far more upheaval is coming so denying or lying like the Luddites is as the Borg would say, Resistance is futile! You can’t stop it just like you can’t stop tomorrow from coming.

  • @MB-sl8pw
    @MB-sl8pw 2 หลายเดือนก่อน +1

    Every second video you say EV dont sell them you say they sell, and then you state i sad this and that would happen well Yes you are covering all outcomes.

  • @Murphys_Law9
    @Murphys_Law9 17 วันที่ผ่านมา +1

    Price drops are not lying tho

  • @aeronYTco
    @aeronYTco 2 หลายเดือนก่อน +2

    Are you sure electric vehicles don’t need maintenance? As long as there’s movement, there’s maintenance.

    • @ryanm7426
      @ryanm7426 หลายเดือนก่อน

      Agreed. That statement doesn’t pass the sniff test for me either.

  • @williamparker1085
    @williamparker1085 หลายเดือนก่อน

    the auto dealership is doomed anyway

  • @alicat398
    @alicat398 หลายเดือนก่อน +1

    The mechanics and all those in the industry involved in repairing cars are ordinary people working to feed their families. Thats a lot of jobs that will be lost in the future. And no they wont retrain in gender studies or computer programming. Thats something politicians say so we dont have to feel bad. Just wanted to remember that behind the sales and cars its just people.

  • @stephenberry8658
    @stephenberry8658 2 หลายเดือนก่อน +1

    Well not only the dealers are backing away from EVs and manufacturers other than China and Tesla's are backing away from headlong pursuit of EVs...
    Dealers will sell stuff where there is demand.
    Toyota are spot on... 30% BEVs
    Then hybrids and other options.

  • @mrmawson2438
    @mrmawson2438 2 หลายเดือนก่อน

    Afternoon mate

  • @MJ-zo5gb
    @MJ-zo5gb 2 หลายเดือนก่อน

    One thing EV’s are still missing is variety. I have a three row Honda pilot and it’s bigger than a model X which I can’t even afford. I like the model Y but it’s just too small for my family. PS I’m a huge EV fan and Tesla investor.

  • @michaellovell3145
    @michaellovell3145 2 หลายเดือนก่อน

    A car dealer’s rice bowl is servicing

  • @MikeJones-mz5ig
    @MikeJones-mz5ig 2 หลายเดือนก่อน +1

    I thought I was going crazy. January US sales figures showed ev gains for Polestar and others. Ford dipped a little. But gloal sales were up. Where is the slump talk coming from,

  • @chrisruss9861
    @chrisruss9861 2 หลายเดือนก่อน +1

    I follow various strands of the pro and anti EV argument.
    On the anti side is it true EV second hand values plunge and that insurance costs are soaring?
    Are rental agencies adopting EV cars for their fleets or changing back to ICE engines?

    • @northernouthouse
      @northernouthouse หลายเดือนก่อน

      On the insurance side, I can say my premium continues to drop on an 8 year old EV. It costs about $75 us/mth to drive. What's more important is that the vehicle continues to maintain road performance with battery degradation at about 1%/year. The car continues to average about 180 watts/km even with fsd engaged. It's been 180 watts/km since we took delivery. A 40 km trip works out to be 7.2 kwh. If I use the grid to energize the car at $0.07/kwh, it works out to be $0.50. if I use the solar panels, the cost is nil. Try traveling 40 km on $0.50 in gas. Shop around for a good insurer.

    • @ryanm7426
      @ryanm7426 หลายเดือนก่อน +1

      @@northernouthouse40km is nothing. Try taking your EV on a trip of 500+km, want to listen to the radio to stay awake, and run the AC cause it’s hot out. How many stops to charge is that for you? 😂
      Oh and then decide that you want to take a certain route because it’s more scenic? No can do because there aren’t enough chargers available because you’ll likely have to stop multiple times for a charge.

    • @northernouthouse
      @northernouthouse หลายเดือนก่อน

      @@ryanm7426 the 40 km trip is standard for most commuters. We taken our EV to San Diego and back - in winter. That's 6,000 kms. No issues. Try spreading your FUD elsewhere.

    • @ryanm7426
      @ryanm7426 หลายเดือนก่อน +1

      @@northernouthouse I am glad for you that it worked for you. Based on my experience when renting an EV for work and having to travel 3 hours out from the airport, it didn't go well - at all.

    • @northernouthouse
      @northernouthouse หลายเดือนก่อน

      @@ryanm7426 if you're not familiar with EVs then just rent an ice.

  • @brandonsheffield9873
    @brandonsheffield9873 2 หลายเดือนก่อน +3

    Your 100% wrong. There are You tubers documenting EVs piling up at dealerships all over the country. They also access the dealers rolling inventory of how long each vehicle remains on the lot. Most EVs have a waiting time of over 4 months before a buyer buys one. That is unsustainable when other vehicles sell much quicker.

    • @417ah7
      @417ah7 2 หลายเดือนก่อน +1

      Fords EV sales have slowed due to high prices, lack of charging infrastructure, sky high interest rates and weakening demand.

    • @rasikrodriguez3962
      @rasikrodriguez3962 หลายเดือนก่อน

      If you have a wall plug at home you can charge it. No need to go out and find a charger!

  • @gerald1964
    @gerald1964 2 หลายเดือนก่อน +4

    Wait for the days when many people won't actually own a car. They will instead subscribe to a robo-taxi service. The automobile dealer will complain even more.

    • @robina.jensen6114
      @robina.jensen6114 2 หลายเดือนก่อน +1

      Of Course. When Amazon owns the world, why shouldn't they complain?

  • @ajett5081
    @ajett5081 2 หลายเดือนก่อน

    Some cars are internal combustion engines, and others are external combustion engines.

    • @hillmans69
      @hillmans69 2 หลายเดือนก่อน +2

      All ICE powered vehicles will never run on renewable energy, except a very few ethanol or bio-gas powered vehicles. All EVs will automatically transition to renewable energy as the grid and their owners transition to renewable energy.

    • @acolon8999
      @acolon8999 2 หลายเดือนก่อน

      How about nuclear fusion? For 95% of the time my BEV chargers from fusion energy generated approximately 92 million miles away.

  • @ryanwc67
    @ryanwc67 2 หลายเดือนก่อน +1

    I'm sure vehicle sales have slowed down for EVs a little bit, but it's clearly due to interest rates and the demographics who get auto loans and are more likely to drive an EV first. I think as interest rates go down easy sales will climb back up. This is just an opportunity to create a narrative for themselves.

  • @Slaytheday388
    @Slaytheday388 2 หลายเดือนก่อน +4

    I’ve Seen it , it’s very true, there’s multiple parking lots where I live in Rockland California that there’s brand new Teslas just sitting there in parking lots. There is a Kmart that went out of business about 2 miles from my house and it’s a massive parking lot and it has about 300 model y just sitting there. if you go by the Tesla dealership there’s at least 100 Teslas parked in the parking lot with nowhere else to park anything and there’s a parking lot at the movie theater behind that and there’s hundreds of Teslas sitting there also. So it’s true they are not selling. Quit spreading fake news

    • @Slaytheday388
      @Slaytheday388 2 หลายเดือนก่อน

      I can bring you a video and pictures if you would like

    • @Slaytheday388
      @Slaytheday388 2 หลายเดือนก่อน +2

      I work at Roseville Toyota and they make very little money on car repairs. That’s a fact and it’s always been that way. Where they make their money is the margins and make on car sales

  • @baronvonjo1929
    @baronvonjo1929 2 หลายเดือนก่อน +2

    Other than Teslas Model Y and Model 3 which sold hundreds of thousands of units every single EV in the US didnt even break 42k units. The 3rd best selling in 2023 was the Mach E at 42k.
    So on average every other EV is selling under 40k units in 2023.
    Forgive me but what demand is there for these EVs of they dont have the Tesla badge?
    There is a demand for EVs, just none from these other dealerships and brands. Selling 40k units is BAD Here in the US. Many ICE models that sell that much get axed if they dont have large profit margins.
    I dont really see any lies when you look at the cold hard sales data.

    • @darylfoster7944
      @darylfoster7944 หลายเดือนก่อน

      I think it's a supply issue. Why would you want to make more of a model that loses you $30k? Mary B and the others need to bite the bullet and say that they're going to trash their earnings for 3-5 years until they can at least reach break even on EVs.

  • @MH-fb5kr
    @MH-fb5kr 2 หลายเดือนก่อน

    “everyone is saying…” means it is all BS

  • @dr.x4050
    @dr.x4050 2 หลายเดือนก่อน +19

    I'm an American working in Singapore. I would love to see good and cheap ~$20k electric cars with 300mi range from China available in the U.S. There is a huge need for affordable new cars in the U.S. I always thought the USA was about free trade. Let the Chinese come in and see how long they last or force Americans to innovate to WWII/cold war levels!

    • @davidbeppler3032
      @davidbeppler3032 2 หลายเดือนก่อน +4

      Also China should be forced to pay $37/hr for employees and have constant OSHA investigations! Then we will see if they can sell China cars in America for cheap.

    • @jezza6575
      @jezza6575 2 หลายเดือนก่อน +4

      A cheap Chinese EV would not come close to passing U.S. crash test standards!

    • @brainwasher0
      @brainwasher0 2 หลายเดือนก่อน

      USA is about free trade only when is convenient. Almost everything at Walmart is Chinese, nobody cares.

    • @sailingspark9748
      @sailingspark9748 2 หลายเดือนก่อน

      I don;t see any ev coming to the US for $20,000. Chinese or not. The cheapest new car you can buy in the US right now is the Nissan Versa. In it's most bare bones version, it is simply a car nobody wants to drive. It costs a little over $16,000. The average new car price in the US is close to $40,000. A cheap EV will probably slot in around mid 20s at the cheapest.

    • @calc1657
      @calc1657 2 หลายเดือนก่อน

      @@davidbeppler3032 Not to mention the subsidies.

  • @elihere1242
    @elihere1242 2 หลายเดือนก่อน

    I agree with this video
    And if undo any kind of research on usa car registration you will find out the true, car dealers just like gasoline companies don’t want ev cars to sell or keep grown, don’t just listen to the media do your own research and you will find out the true 3 cars 2 ev 1 ICe car because I know ev is not yet perfect, but at this peace will get better than ice cars that’s all.

  • @justinr9753
    @justinr9753 2 หลายเดือนก่อน +2

    Look at EVs time on lot compared to regular cars.

    • @edsta714
      @edsta714 2 หลายเดือนก่อน

      Teslas (real EVs) are made to order based on what YOU actually want. Not what’s sitting collecting dust on some random lot with dealer add-ons and markups. $100 Nitrogen air in your tires anyone?

    • @justinr9753
      @justinr9753 2 หลายเดือนก่อน +2

      @@edsta714 the topic is dealerships

  • @bbbart77
    @bbbart77 หลายเดือนก่อน

    Scottie Kilmer is a mechanic . Nuff said.

  • @Lovejazz01
    @Lovejazz01 2 หลายเดือนก่อน

    The latest “ Big Lie”

  • @webkinzlovers5351
    @webkinzlovers5351 2 หลายเดือนก่อน +2

    I don't believe the message in this video. For example, Ford is piling up on their F150 Lighting (electric F150) and Mach Es. These two are giving huge incentives and discounts right now just to get them off the books. I'm hearing the same can be said of GM's EVs.

    • @ryanm7426
      @ryanm7426 หลายเดือนก่อน

      I think he is tricking us with last year data when EVs were the hype. It seems reality in just the last several months is starting to hit the common person.

  • @debeeriz
    @debeeriz 2 หลายเดือนก่อน +1

    what does not make sense if evs are selling so well why are ford and gm laying off workers in their ev lines and hiring more in their ice lines, even reslas sales are down aand their service centers dont replace spark plugs

    • @YK_data
      @YK_data 2 หลายเดือนก่อน +1

      Why you say something like this? Please don’t say such things that disgruntle EV lovers. Sam and bunch of his disciples will be sad.

    • @417ah7
      @417ah7 2 หลายเดือนก่อน

      Tesla owns over 60% of the new EV sales, but sky high interest rates are killing everybody in the automotive business. F Joe Biden.

    • @acolon8999
      @acolon8999 2 หลายเดือนก่อน

      Do you think that the number of BEVs sold in the US and worldwide in 2024 will be higher or lower than 2023?
      I guess time will tell if sales are going up or down.

    • @debeeriz
      @debeeriz 2 หลายเดือนก่อน

      @@acolon8999 to keep sales up they had to discount l expect ev sales will drop a bit, unless governments bring in a big stick for ice car owners

  • @Truecolors326
    @Truecolors326 2 หลายเดือนก่อน +1

    Toyota is #1 that speaks volumes where the.demand is at

    • @mikepayne1350
      @mikepayne1350 2 หลายเดือนก่อน

      no it really doesn't. EV's could double sales this year and Toyota could still be number 1.

    • @Truecolors326
      @Truecolors326 2 หลายเดือนก่อน

      @mikepayne1350 0% chance of doubling sales and why because Toyota is #1 which shows what people want

  • @JorgeLausell
    @JorgeLausell 2 หลายเดือนก่อน

    Why?
    Start with How. How are they doing the messaging and how is that amplified? Who does that? And how?

  • @AllDogsAreGoodDogs
    @AllDogsAreGoodDogs หลายเดือนก่อน

    Because the market leader is selling all it can make, so who cares? Plus, if it helps other manufs sell their cars (and keeps ICE parts prices high), who cares?

  • @peterdeacon4085
    @peterdeacon4085 2 หลายเดือนก่อน

    Two words. Vested interests.

  • @djmouseshadow4735
    @djmouseshadow4735 2 หลายเดือนก่อน

    They said no to EVs, and yes to stocking up on big giant trucks that nobody wants. // Rivian seemingly could partner with Amazon for local charging/service hubs.

  • @kiae-nirodiariesencore4270
    @kiae-nirodiariesencore4270 2 หลายเดือนก่อน

    The malign influence of the car dealer industry is no surprise considering they make 45% of their profits from servicing and selling spare parts. Every ICE car on the road needs an oil change at least once a year which in the UK costs and average of £90 (Oil, filter and labour)...do the math and the UK spends at least £3.5 billion a year on oil changes alone! All this will go away. We are already at the stage in UK, France and many other European countries where the number of ICE cars being scrapped is greater than new ICE cars coming onto the road so there is no escape from the loss of revenues for dealerships, who lets face it have been ripping us off for decades.

  • @BrodyXondar
    @BrodyXondar 2 หลายเดือนก่อน

    Because is election year!

  • @ShredPhred
    @ShredPhred 2 หลายเดือนก่อน

    I want to get an EV but the only things holding me back is that I'm waiting for the expansion of the charging network, for the ability to charge at home to be more feasible for me, and for their to be other viable choices in the US than just Tesla. I want to see if BYD ever makes it to the US.
    What will probably get me motivated is if at my next maintenance appointment for my vehicle I get socked with alot of dealer added maintenence costs.

    • @samboni702
      @samboni702 2 หลายเดือนก่อน +3

      If you're already paying $300/month in gas, get a used model 3 where you're paying $400/month in car payments and no gas.

    • @whowhy9023
      @whowhy9023 2 หลายเดือนก่อน +1

      BYD won’t be coming anytime soon.
      Their CEO just said they won’t be going for the US market.

    • @whowhy9023
      @whowhy9023 2 หลายเดือนก่อน +1

      Tesla is the only really good EV.

    • @ShredPhred
      @ShredPhred 2 หลายเดือนก่อน +1

      Thanks for the replies. I'm also monitoring the developments in higher density/range and cold weather batteries.
      My thoughts are that a tesla is like an iPhone, probably best overall at everything at a cost. But I've only ever had Android phones, probably because I like choice. But I'm not too high on the other choice in the US yet, Hyundai. I might eventually go for the Tesla.

    • @tysonn4736
      @tysonn4736 2 หลายเดือนก่อน +1

      @@ShredPhred Used Teslas are cheap now.

  • @Ahda108
    @Ahda108 2 หลายเดือนก่อน

    Last time i checked ( 2 weeks ago) ..Kia EV Niro still sells more than A Model Y

  • @lonnieschreiner5879
    @lonnieschreiner5879 2 หลายเดือนก่อน +2

    Thanks for presenting the verified facts compared to what is being presented by the dealers and media here in the USA. Keep up the good work.

    • @YK_data
      @YK_data 2 หลายเดือนก่อน

      Verified by the youtuber’s guts.

  • @mariociaramellano7509
    @mariociaramellano7509 หลายเดือนก่อน

    Are EV tires different than ICE? Honest question since EV are way heavier.

  • @seanchernobyl2911
    @seanchernobyl2911 2 หลายเดือนก่อน

    Man, most TH-camrs that are PRO Big V8 HELLCAT SCATS are against ev metrics that they really dont quite understand. Case in point ev don't make no exhaust notes, but a model 3 will smoke a Dodge Hellcat Redeye in a drag race ALL DAY! Imagine an ev Banshee producing 1200hp.....but hey its about how much noise your car can make....all bark....little bite comparison.