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Economy

BrianTheEVGuy

(697 posts)

1. Maybe they shouldn't have jacked up prices

Reply to mahatmakanejeeves (Original post)

Mon Sep 30, 2024, 02:02 PM

Sep 2024

Both VW and Stellantis are prime greedflation players. A Jeep that was $25K in 2019 is now $45K. Same design, same engine, they just hiked the prices during the pandemic and told customers to pay or forget buying one of their products.

So customers took their business elsewhere. Subaru, Nissan, Honda and Toyota made a LOT of new customers from sticker-shocked loyal Stellantis buyers who couldn’t believe that the company wanted $40K for a base Dodge Charger when Nissan, Toyota, Honda or Subaru charges $25K for a mid sized sedan.

Head on over to a Chrysler, Dodge, Jeep and Ram dealer today and the lot is overflowing with unsold trucks for $80K or more. Demanding that sort of pricing was delusional. Now they’ve moved from FA to FO.

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Highlight:

Stellantis shares plunge as carmaker follows Volkswagen in warning on profits [View all] mahatmakanejeeves Sep 2024 OP

Maybe they shouldn't have jacked up prices BrianTheEVGuy Sep 2024 #1

Stellantis Has Way Too Many Unsold Cars mahatmakanejeeves Sep 2024 #2

Automakers have outsourced the components of vehicles bucolic_frolic Sep 2024 #3

I was looking at getting a jeep before the pandemic. Eko Sep 2024 #4