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Sales & profits were down for a lot of automakers because

Posted on: January 13, 2025 at 16:43:50 CT
JeffB MU
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many had been making large profits in China & the sales there fell off a cliff when the cheap Chinese brands started hitting the sales rooms.

The export of Chinese brands has also been extremely rapid. Sales of Chinese vehicles in Australia, South & Central America, Asia & perhaps Europe(?) have taken a big bite out of their sales.

Overall car sales in Europe are probably tanking because of the huge number of layoffs in the automotive industry and the sharply rising energy prices due to their proxy war against Russia.

Electricity prices in some places in Europe have jumped by multiples or pre-war prices. Much of that is due to Germany's decision to shut down the nuclear plants & go solar and wind. That is a double or triple whammy for EV auto sales there... recession, inflation & very sharply rising electric prices.
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     3 weeks ago Michael Dunne said Chevy will be out - mizzouSECedes STL - 1/13 08:55:13
     us will ban all kinds of china sh8t before that ever happens - SEC-BIG-GAMEHUNTER MU - 1/12 23:53:38
     GM was founded on copycat.They are the biggest piece of chit - TigerFan92 STL - 1/12 22:26:53
          RE: GM was founded on copycat.They are the biggest piece of chit - sarasotatiger MU - 1/12 22:49:15
     Cheap labor means low cost vehicles, consumers like - MU-TULSA MU - 1/12 21:54:03
          Yes, like $70k pickup trucks. nm. - MUTGR MU - 1/12 23:58:58
               Do it have cup warmers? (nm) - Tigrrrr! MU - 1/13 08:24:56
          Which is why the RAV4 is one of the top selling vehicles - RayKinsella1922 SEC - 1/12 21:57:25
               RE: Which is why the RAV4 is one of the top selling vehicles - sarasotatiger MU - 1/13 09:21:01
               which is also built in......... - meatiger MU - 1/12 22:01:50
                    RE: which is also built in......... - sarasotatiger MU - 1/13 15:49:09
                    I can't believe you google $hit here and act like you know - 90Tiger STL - 1/13 06:48:13
                         what did I read wrong? - meatiger MU - 1/13 08:07:32
                              I think his claim was refuting the consumers want low cost - SwampTiger MU - 1/13 08:47:52
                                   RE: I think his claim was refuting the consumers want low cost - meatiger MU - 1/13 08:51:53
                              It's built in China for the Chinese - mizzouSECedes STL - 1/13 08:47:26
                    Yer such a dumbazz(nm) - TigerFan92 STL - 1/12 22:25:13
                    two plants on US. Two in Canada. Two in China(nm) - tman MU - 1/12 22:18:14
                         yes, the link said that - meatiger MU - 1/12 22:19:34
                              I just made it easy for people to know that not all - tman MU - 1/12 22:22:27
                                   I am sure plenty will thank you for that(nm) - meatiger MU - 1/12 22:23:48
                    Meat'd it, as usual. Grow up. - RayKinsella1922 SEC - 1/12 22:16:47
                         He was clearly trying to paint a different picture(nm) - tman MU - 1/12 22:23:28
                              As always, he fights like a girl - always obfuscating and - RayKinsella1922 SEC - 1/12 22:25:03
                              I was not - meatiger MU - 1/12 22:24:54
                                   BS.(nm) - tman MU - 1/12 23:05:43
                         Yes, that info was in the link I provided - meatiger MU - 1/12 22:19:11
                              Who cares?(nm) - RayKinsella1922 SEC - 1/12 22:23:44
                                   You seem to(nm) - meatiger MU - 1/13 00:02:18
     wrong board (nm) - pickle MU - 1/12 21:51:31
     GM executives don't know how to make cars, much - RayKinsella1922 SEC - 1/12 21:38:16
          They don’t need to engineer. Americans engineer. - TigerMatt KC - 1/12 22:06:10
               RE: They don’t need to engineer. Americans engineer. - sarasotatiger MU - 1/13 02:09:12
               They don't make quality shyte so no, they aren't the people - RayKinsella1922 SEC - 1/12 22:18:21
                    Probably the reason America makes low quality, too, then (nm) - Seagull MU - 1/13 06:44:28
                    China is focusing EVs not ICE. While American car companies - TigerMatt KC - 1/12 23:12:42
                         China does not adhere to free market standards - mizzouSECedes STL - 1/13 08:43:59
                              Does not look like the market is rejecting - meatiger MU - 1/13 09:07:08
                                   Sales are sharply down for every manufacturer - mizzouSECedes STL - 1/13 12:07:09
                                        Sales & profits were down for a lot of automakers because - JeffB MU - 1/13 16:43:50
          One thing China knows - meatiger MU - 1/12 21:49:20
               Thanks Elon - your erudite words enlighten us all. - RayKinsella1922 SEC - 1/12 21:56:11
                    You think a chinese care will break down every month? - meatiger MU - 1/12 21:58:04
                         Just like all the other shyte they make. - RayKinsella1922 SEC - 1/12 21:59:20
                              RE: Just like all the other shyte they make. - sarasotatiger MU - 1/13 09:53:25
                              I think if you have a billion people driving around China - meatiger MU - 1/12 22:02:44
          China makes **** quality for Walmart because that is what - TigerMatt KC - 1/12 21:42:05
               China makes shyte because that's the essence of the - RayKinsella1922 SEC - 1/12 21:48:46
                    No. People want cheap crap from China. Businesses give - TigerMatt KC - 1/12 22:04:23
                         That you think boot-making is comparable to auto manufacturi - RayKinsella1922 SEC - 1/12 22:23:27
                              China set up a joint-venture system that allowed them to - TigerMatt KC - 1/12 23:03:04
                              Magically produce what the rest of the world wants - meatiger MU - 1/12 22:28:03
     Didn't watch - Wildcat KSU - 1/12 21:01:46
          Per the video, GM is making big margins on cars they - JeffB MU - 1/12 21:14:52




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