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By Sherminator98 · Posted
Given how the market is, it would be downright stupid for VW to kill it off in the NA market. VW is struggling here as it is and VW products barely make a dent market share currently vs 20 years ago. -
By Harley Lover · Posted
Agree, they're hoping (probably correctly) that most will not notice the total losses if broken into smaller bits. -
This time manufacturers are ready, they channel stuffed dealers so their own inventories are a lot smaller. Even when they quick sale the $100K vehicles, they still do better than break even….
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GM is spreading the pain over time with smaller chunks instead of ripping the bandaid off like Ford did. I like Ford’s approach better.
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I find the new Scout very interesting, but given the current turmoil at VAG there is a good chance that this thing may not happen.
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finally got my 2027 King Ranch 350 gasser ordered. Now the wait begins. Neptune Blue.
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Rivian R1T is 4" longer than Tacoma (the biggest midsize truck) and 4" shorter than Nissan Titan crew cab (the smallest fullsize truck). It was a deliberate "split the difference" strategy to compete in both segments. VW is going straight for fullsize truck... I think that is a conscious choice as well to differentiate itself from Rivian. The original International pickup from 1940 to 1975 was a competitor to the Big 3 fullsize trucks.
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By Harley Lover · Posted
No, they have written down a total of $11 billion this year, they wrote down an additional $2.3 billion in the quarter : https://www.autonews.com/general-motors/an-general-motors-q2-earnings-0721/
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