If they can’t sell it, then they’ll lower prices and people will be able to buy them.
I doubt the profits are so hard to come up with considering the wild CEO pay and record profits everyone’s bragging about.
Just bought an EV from a local dealer. Went in on Saturday because they had a 2 month used listing on their website for about 10k under MSRP. They told me, oh no that sold, but please check out the new cars. I entertained them and told them they’d need to bring down the price 10k to get me to sign because it’s simply out of my price range. They also mentioned these things (ioniq 6) are selling extremely quickly and they only have a few on the lot.
They insisted and played games for a week, with offers OVER msrp, so I let them waste their time. They pushed me to come in, so as I was about to sign, I told them, actually, no. I need an offer 10k under MSRP or I’m leaving. At this point that was a 15k cut. They’ve now wasted a week of negotiation and suddenly found the used one I originally requested, but it was at their off-site lot.
We drove over there, and it was a large 5 story parking deckcompletely filled to the top. They even had cars parked in front of cars. They tried one last game and made me wait for 3 hours to get it out.
All that is to say, let the fuckers bleed. If they can’t afford Christmas, maybe they need to learn what the fuck capitalism really means. If they can’t afford new years, it’s time to make a new resolution and if they can’t afford spring break, it’s time to find a new job.
Yeah lol… Why curb supply to artificially keep prices high? Sounds like a antitrust issue.
We can keep producing mass amounts of EV’s; we’ll just store them all in caves in middle America.
It’ll be like government cheese all over again!
I’ll take some of that government EV. Maybe fill it with government cheese too while they’re at it.
The car dealers need to be abolished. Not even an ICE vs EV argument, car dealers are fucking awful, they barely know shit and borderline scam their customers trying to up the price of everything and then ‘pretend haggle’ down to a ‘reasonable price’ that’s still probably 30k over msrp
Dealers will cry about their inventory while refusing to budge on various “market adjustments”.
Boo hoo. Be competitive and watch the inventory flow.
I’ve been eyeing an Ioniq 5 for about 18 months now and just checked local pricing again and they haven’t budged an inch on pricing (even now with 2024 models being sold with 2023 models left on the lot) nor are they even carrying inventory outside of the most expensive trim packages of Limited AWD. I’m interested in range, so I’m wanting a Limited RWD but they aren’t being stocked.
This article screams “I’m not doing my job and it’s all your fault!”
Meanwhile, up here in Canada I put a down payment on an IONIQ 5 Ultimate Edition (Canadian equivalent of the US ‘Limited’ model) back in early April 2022, and it still hasn’t been ordered, because Hyundai decided to flood the US market while stiffing the Canadian market.
Hyundai (and other EV makers) are fucking around, and then blaming the market.
Yeah, smthg smthg capitalism, smthg smthg free market, amirite?
Don’t forget “too big to fail.”
Sell EV’s under $30k and you’ll sellout!
Do they even sell ice’s for that?
Maybe roll out some models people can afford? It’s all SUVs that start around $45k, but they built only a few of those base models. The ones actually available are premium trims that go for $65k and might peak around $100k. They were able to sell out for 6 months, and then that market was saturated. Now they stand around asking why nobody buys their cars.
Oh man I would love an affordable Honda e in North America. I’ve seen them in Europe. What a nice little car.
Move to Europe! And get free medicine as a bonus.
Also maybe don’t make me buy a car through a dealership. Why can’t I just order and car and it gets delivered to my house instead of making me pick it up from a dealer that gets to charge whatever they want for being a middle man on top of the cars already being too expensive.
Side note and probably hot take but I think if manufacturers were serious they would be rushing to phase out most of their combustion vehicles. If people want a new car it’s going to be electric and if they don’t want EV then they can find a nice used car and pay a premium for gas.
Dealerships in the US are a cartel backed by the government. Multiple states have laws banning direct sales - https://en.m.wikipedia.org/wiki/Tesla_US_dealership_disputes
Huh? There are a ton of small EVs that are much cheaper than that. The Nissan Leaf, for example.
I’m holding out for a proper hot hatch. Something like a VW Golf or Mazda3. Leaf is a bit too small.
I was hoping Volvo would make something like this, but I don’t know what they are doing now and realized they costs way too much …
Volvo acquired Polestar and they have some good EVs, but nothing small or cheap yet. Small, cheap and funky - that’s what Fiat is doing right now.
Despite our robust economy, the US trails both Europe and China in terms of EV adoption.
Yeah, about that. The economy only looks robust because its health is based on the stock value of a limited number of U.S. corporations. The average American human being is fuckin broke…ironically, because of the pursuit of eternal continuous growth (which is impossible) for profit.
That is categorically false and it’s dishonest to suggest so.
GDP is at the highest rate in years. We are at full employment. Participation rate is the highest it’s been in 50 years. Wages outpaced inflation while inflation was crazy high helping debtors and the working class at the same time.
Your ideology blinds you.
Do you have a source on “wages outpac[ing] inflation”?
Most people get confused because inflation is already accounted for in most reported numbers.
Good - I’d rather more people try public transit, walking, or biking. And if you absolutely need to use a car, then advocate for better urban infrastructure because the US is waaaaaay too car-dependent and we need to start not being that way
They are not pushing for more public transportation. They are pushing for more ICE vehicles because the sales people do not want to learn about EVs and they also get less money from maintenance.
I was referring to the consumers, not the sales people.
