The Electric Shockwave: Automakers' Struggles in the EV Market
We discuss major automakers' struggles with declining demand for electric vehicles (EVs). Ford's CEO Jim Farley highlighted uncertainties and consumer reluctance to pay a premium for EVs, emphasizing the need for cost competitiveness. General Motors withdrew its 2023 profit outlook and announced a slowdown in launching EV models to cut costs.
The unexpected end of the GM-Honda partnership and the delay of a $4 billion electric truck plant reflect the EV market's evolving dynamics. Mercedes-Benz reported lower EV margins, raising concerns about sustainable pricing. The podcast explores the competitive challenge to Tesla and the industry's response to the changing EV landscape.
Link to the featured article:
https://www.foxbusiness.com/markets/ford-gm-mercedes-come-clean-on-ev-demand-weakness
Grab a copy of my book:
https://partsmanagerpro.gumroad.com/l/qtqax
"The Parts Manager Guide" - https://www.amazon.com/Parts-Manager-Guide-Strategies-Maximize-ebook/dp/B09S23HQ1P/ref=sr_1_4?crid=3UZYOGZJUNJ9K&keywords=parts+manager+guide&qid=1644443157&sprefix=parts+manager+guid%2Caps%2C244&sr=8-4
Please remember to like, share and leave your comments.
Videos are uploaded weekly.
Visit my website for more!
https://www.partsmanagerprof.com/
If you want me to continue making videos like these, please donate to our paypal account: paypal.me/partsmanagerpro
Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. No copyright infringement intended. ALL RIGHTS BELONG TO THEIR RESPECTIVE OWNERS*
This video is for educational and entertainment purposes only.
-
12:47
TheCarCoachReports
3 months ago $0.01 earnedAre Electric Vehicles Failing to Meet Expectations in the Market?
27 -
4:45
Car Coach Reports
2 months ago $0.01 earnedWhat's Causing The Drop In Electric Vehicle Sales?
94 -
4:34
TheCarCoachReports
2 months ago $0.01 earnedIs The Tesla Craze Fizzling Out? Why Electric Car Sales Are Slumping!
17 -
1:06
OneFewIdeas
7 months agoElectric Vehicles Sales Slump
33 -
8:13
CarSimplyClub.com
2 months agoThe Problematic Facts and the Evolution of Electric Car Tech | Q&A #ev
110 -
9:02
Car Coach Reports
1 month ago $0.08 earnedThe Big Electric Car Fail: Why They Aren't Winning More Buyers
189 -
11:25
news
3 months agoElectric Vehicle Owners Are Frustrated and Demand the Return of Gas Cars
48 -
8:28
LiveCellChannel
1 year agoHuge Ford EV losses! Ford CEO has had enough!
621 -
11:48
CarSimplyClub.com
9 months agoIntriguing Showdown: Hybrid vs Electric Vehicles (EV) EXPLAINED! #carsimply #hybrid #electricvehicle
1.22K -
9:30
UnitedTechZone
1 year agoJUST REVEALED: TOP 10 Electric Fast Car Models That SHOCKS the Entire EV Industry!
17