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Posted on 4/25/24 at 11:13 am to thadcastle
quote:
Could this also be leading to other cars being more expensive? Offsetting some of their losses by raising the prices on ICE vehicles?
They mostly do this to pull up a bunch of capex depreciation and R&D expense to offset profits from other business units so they don't have to pay taxes.
Posted on 4/25/24 at 11:13 am to thadcastle
quote:
Could this also be leading to other cars being more expensive? Offsetting some of their losses by raising the prices on ICE vehicles?
No. Other cars got expensive before they were forced to build EVs. Their cost rate is dictated by greedy dealerships adding 10K onto their vehicles for a dealer fee along with stupid people who don't understand debt to income ratio and can't go without buying the next newest biggest thing
Posted on 4/25/24 at 11:15 am to thadcastle
quote:
Ford lost $40K on every EV it sold
Posted on 4/25/24 at 11:18 am to thadcastle
quote:
Could this also be leading to other cars being more expensive? Offsetting some of their losses by raising the prices on ICE vehicles?
Only if you buy the fords
Posted on 4/25/24 at 1:03 pm to thadcastle
quote:
Could this also be leading to other cars being more expensive? Offsetting some of their losses by raising the prices on ICE vehicles?
Ford is absolutely trying to make it up on parts. Prices of $1,500 or more for a bare taillight assembly are common on their premium trim trucks.
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