**IF** Hyundai is actually making profit with every Ionic 5 they sell, they could be in a class of 2.
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**IF** Hyundai is actually making profit with every Ionic 5 they sell, they could be in a class of 2.
$300,000 income limit, how about $150,000 for a family.
$80,000 trucks/SUV limit, how about the same price as cars if we want to be "really green". Should not incentivize folks to get larger vehicles.
I'm trying to read their H1 bottom line and it appears they did $6.8B (Net Profit) Euro and their Q1 doesn't break that out (I'm not an accountant) so I just divide by 2 and say that they did $3.4B Euro in each Q1 and Q2.What do you guys think of the Stellantis' latest quarter? I thought they were still very focused on ICE and not trying so hard on efficiency/EV, so I'm surprised of their seemingly good results.
First Half 2022 Results
Stellantis Posts Record First Half 2022 Results with 14.1% AOI Margin(1), €8.0 Billion Net Profit and €5.3 Billionwww.stellantis.com
We keep comparing Tesla to Ford/GM but I believe Stellantis is still ahead and not far from VW.
Supply constraints are terrific for margins. That's why cartels are so profitable (and generally illegal).What do you guys think of the Stellantis' latest quarter? I thought they were still very focused on ICE and not trying so hard on efficiency/EV, so I'm surprised of their seemingly good results.
First Half 2022 Results
Stellantis Posts Record First Half 2022 Results with 14.1% AOI Margin(1), €8.0 Billion Net Profit and €5.3 Billionwww.stellantis.com
We keep comparing Tesla to Ford/GM but I believe Stellantis is still ahead and not far from VW.
What do you guys think of the Stellantis' latest quarter? I thought they were still very focused on ICE and not trying so hard on efficiency/EV, so I'm surprised of their seemingly good results.
First Half 2022 Results
Stellantis Posts Record First Half 2022 Results with 14.1% AOI Margin(1), €8.0 Billion Net Profit and €5.3 Billionwww.stellantis.com
We keep comparing Tesla to Ford/GM but I believe Stellantis is still ahead and not far from VW.
How about $500k limit for family.
We should not penalize large families nor work vehicles. Large vehicles for large families are necessarily larger and more expensive. So are trade vehicles.
What we should not incentivize is luxury sedans and sports cars.
Taycans, Plaids, Airs, Celestiqs and such.
Another Jaguar I-Pace battery caught on fire without any crash after simply sitting charging in a garage. This is the fourth known I-Pace battery fire that seemingly started on its own, which is starting to be significant considering the relatively small number of units on the roads.
Jaguar also uses LG battery cells like the Bolt EV and Kona EV, which were both recalled for battery fire risks. Is this another Bolt EV battery fire situation?
Buyback is near worst case scenario for brand new production. No near term remedy, unsafe to drive. How on earth did Toyota miss this issue during development? Their mules must have had these issues. It is astonishing to see this. We may never know how a problem like this made it into production, but it would be an engineering learning experience if we did.
Agree, and thus far, even Toyota doesn't know what's happening.Buyback is near worst case scenario for brand new production. No near term remedy, unsafe to drive. How on earth did Toyota miss this issue during development? Their mules must have had these issues. It is astonishing to see this. We may never know how a problem like this made it into production, but it would be an engineering learning experience if we did.
Toyota received a field technical report from the Taiwan market indicating separation of the front left wheel from the vehicle. Toyota recovered the wheels and hub bolts from this vehicle for investigation.
Toyota then received two field technical reports from the U.S. market. One of the reports indicated loose hub bolts of the front left wheel and the other indicated a separation of the front left wheel from the vehicle. Toyota reviewed the production process at the vehicle assembly plant and did not identify any abnormalities on the hub bolt tightening history of these three vehicles. Toyota also reviewed the assembly process of the wheel and hub bolts at the assembly plant and did not identify any abnormalities. In addition, although damage was observed on the wheel recovered from the vehicle in the Taiwan market, the damage was believed to be a result of the wheel separating from the vehicle and the cause of the loosening of the hub bolts was not able to be identified. Toyota continued to investigate and conducted a driving test using mass production wheels and hub bolts that were tightened to specification. The testing showed that the hub bolts loosened under certain severe driving patterns.
Agree, and thus far, even Toyota doesn't know what's happening.
2023 TOYOTA BZ4X | NHTSA
Supply constraints are terrific for margins. That's why cartels are so profitable (and generally illegal).
Stellantis is battling VW Group for #1 in European vehicle sales. EU 95g effectively requires 20% of vehicle sales to be EV, so the two are pretty close in EV sales as well. I haven't seen anyone in Europe really go beyond the quota yet, nor do I expect to. The next couple years will be very interesting because the quota barely moves after taking huge jumps in 2020 and 2021. S Curve fans could be in for a real disappointment.
Fiat bungled the EU 95g quotas early on and had to buy papal indulgences from Tesla. This was mostly the fault of Sergio Marchionne (RIP), and it led to PSA opportunistically swallowing FCA to form Stellantis. Tavares is a shrewd operator, but he's got a crazy assortment of brands which might need some thinning.
Outside of Europe VAG is much stronger, especially in China. Neither is a major player in the US, though Stellantis has a couple of strong brands in Jeep and Ram while VAG fills some nice high end niches with Porsche and Audi.
Yep, I'm very interested to know how a car company can make upwards of 10M+ vehicles/year and then build one (a BEV) where the wheels fall off after a few miles while **SIMULTANEOUSLY** pushing/lobbying for legislation to support their hybrids (Manchin in West Virginia) which is anti-BEV.Toyota continued to investigate and conducted a driving test using mass production wheels and hub bolts that were tightened to specification. The testing showed that the hub bolts loosened under certain severe driving patterns.
How the heck can something be set to specifications and still fail within it's operating environment?!?! That says quite a bit about their engineering quality.