Car Industry in Crisis! Electric Boom or Bust? What’s Really Going On?

Рет қаралды 5,372

Ай бұрын

In this video, we explore the unprecedented confusion and uncertainty currently facing the car industry. Traditional automakers are struggling with the rapid shift towards electric vehicles (EVs), compounded by economic pressures such as high inflation and rising interest rates. With EV sales growth slowing significantly, manufacturers like Mercedes-Benz, Ford, and GM are re-evaluating their strategies. Could this signal the end for some of the most iconic car brands?
For 35 years, I’ve observed the car industry, but never have I seen such a state of flux. Automakers, once confident in their long-term planning, are now grappling with immediate challenges. The transition to electric power, while essential for environmental reasons, is proving to be a massive logistical and financial hurdle. Legacy manufacturers, with over a century of experience in internal combustion engines, are now being forced to pivot dramatically, often at great cost and with uncertain outcomes.
We’ll discuss the impact of these changes on the car industry, including the economic implications for jobs and economies, particularly in regions heavily reliant on automotive manufacturing. From the rise of new competitors in China and India to the shifting consumer behaviours towards EVs and car subscription services, we'll examine how these factors are reshaping the future of mobility. Join me as I provide an insider’s perspective on what's really going on in the car industry today.
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#CarIndustryCrisis #ElectricVehicles #EVBoomOrBust #AutoIndustry #LegacyAutomakers #ElectricCarSales #AutomotiveTrends #IndustryUncertainty #CarMarket2024 #GeopoliticalFactors #EconomicImpact #ElectricTransition #AutoIndustryNews #EVFuture #CarManufacturers
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Brown Car Guy
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Пікірлер: 130

@reggosse3901 Ай бұрын

If it wasn't for government regulation and subsidization the EV market would have grown a lot less if at all. Government is the problem. Heck, we all have to fight back. Government is too big, too costly, too arrogant, too perverted, too tyrannical and doesn't represent us, you and I the voter. Holding our leaders accountable doesn't just mean voting them out. We need to charge them with crimes against humanity.

@tonyb3629 Ай бұрын

Why would anyone want to buy a product for MORE money that's inferior in pretty much every way. Baffling. EV's will also make NO difference to the climiate, and the environmental destruiction of all the additional mining required will be staggering.

@DavidPlayfair 20 күн бұрын

Daily Mail reader, by any chance?

@12235117657598502586 19 күн бұрын

@@DavidPlayfair What newspaper is read is irrelevant to this subject matter… Because people don’t drive newspaper’s! 🙄

@geraldabeyawardena5606 Ай бұрын

So good to see balanced and truthfulreporting. We can never forget you bravely exposed the hype of "SAD IQ" Khan, especially when you did your own pollution measurement samples to prove your points. Keep up the good work.

@BrownCarGuy Ай бұрын

🙏🏽☺️

@foppo101 Ай бұрын

Listen to a London Long surgeon and his opinion about the pollution in London.You don't have to believe him keep putting your heads in the sand.

@alanrobertson9790 Ай бұрын

This is what happens when supply is driven by government mandate instead of customer demand. All the ICE vehicles will be sold leaving only the EVs that people don't want. Expect this to get worse under Labour.

@jontibloom6125 Ай бұрын

The old adage "Act in haste, repent at leisure " applies to EV adoption

@12235117657598502586 19 күн бұрын

🎯

@113msaunders Ай бұрын

"Progress" has to be practical, affordable, and a choice! EVs, with government interference, are none of these.

@12235117657598502586 19 күн бұрын

🎯

@stevezodiac491 Ай бұрын

After having an EV for just over 8 years and it only having done slightly more than 40 k miles, the battery degredation is now 42%. I will never buy another EV, ever again and the car is unsaleable and more or less worthless. The fact is that all lithium ion batteries degrade to a lesser or greater extent, whereas ice vehicles don't as my other cars, a 20 year old Mazda MX5 and 16 year old Mercedes diesel E Class, still with a 650 mile range at highway speed testify. EV's comparatively, are just not fit for purpose in my opinion, purely because of battery degradation, not withstanding the numerous and well documented logistical issues. No never again!

@BrownCarGuy Ай бұрын

Which EV is it?

@jondonnelly4831 Ай бұрын

Curious to what EV to u got. Not saying a different one would have been different or anything.

@autodigitvlogs Ай бұрын

Then why are people doing 500,000 miles in Teslas with little degradation?!...maybe youre unlucky.

@jamesvandamme7786 Ай бұрын

@@BrownCarGuy I'd guess a LEaf with no battery cooling.

@12235117657598502586 19 күн бұрын

@@BrownCarGuy … I bet it’s a cheap Ch inese EV! 🤭🤭🤭

@lesliecarter4295 Ай бұрын

The ESG department of most businesses have a dilemma with BEV’s. Subsidies are going and the depreciation is going to affect their bottom line…? Leasing companies must be crapping themselves.😮

@garybarham3992 Ай бұрын

I’m not sure about the leasing companies are that worried. I can only speak for my company getting there vehicles from a top leasing company, the leasing company charges an extra cost on the employee (not employer) to make there cost. On 40k car I’m paying £94 a month from my pocket to the leasing company, however the money I save on fuel covers this outlay.

@12235117657598502586 19 күн бұрын

@@garybarham3992 Really?

@basilwatson1 Ай бұрын

Bud lite the credit line that companies need imho tend to force the direction of the company EV are not selling in England , hi tech cars are hated ( they are when the customer gets the bill and the tech has to have a expensive scan tool ) WE want a good looking reliable SIMPLE easy to repair vehicle IF the companies cannot grasp this tough luck

@12235117657598502586 19 күн бұрын

🎯

@peterhaazenrossi4390 Ай бұрын

Car companies are contributing to there own demise cars have been slowly becoming more and more mechanic unfriendly over the years to a point now mechanics are dropping out of the trade in droves because the cars are insufferable yo work on that combined with new generations that have been brought up in cars and literally are unwilling to give you the car for as long as you need to repair it but also bug the life out you to get it repaired then try and low ball you on the price if I where the car industry I would start building the cars so they are easier to work on and I mean to the point the people that own them could do some work to them I think that would be a big selling point who would t want to own a car thar doesn't need to spend days in the garage for repairs or even be able to do a lot of repairs yourself.

@Ifitwerks Ай бұрын

They are going the way of white goods when a PCB goes in your appliance its more often than not not worth repairing, engineered obsolescence, anything all electric has this issue, great for business for the manufacturers yet they gladly shout how green they are, when did an advert selling point reflect on the sustainability of their product? upsell/replace is the business model.

@12235117657598502586 19 күн бұрын

@@Ifitwerks 🎯

@anthony208 Ай бұрын

Not sure I agree with you regarding young drivers, as ever it depends on availability of good public transport. In main cities its good, so less reason to learn to drive or own a vehicle, its quite the reverse in rural areas where the need to learn and own a vehicle is still the same as when i passed my test 40 years ago. Yes lessons are more expensive, answer learn to drive more with parents if possible and take fewer lessons. Car insurance is more expensive but not appreciably more so in real terms than in my young driving days. New car prices have risen significantly in the last few years due in part to profiteering, the pandemic lag and EV vehicle costs which have pushed up ICE vehicles so EVs don’t look so expensive relatively. That has caused a knock on for used prices, but it is still possible to by a good reliable older vehicle, in fact newer cars with greater tech are far less reliable and more problematic, so buying older can have some benefits. As for the whole net zero cult, its one big ponzi scheme and should be rejected at all costs🤔🏴󠁧󠁢󠁥󠁮󠁧󠁿🇬🇧

@12235117657598502586 19 күн бұрын

🎯

@henryhol8538 Ай бұрын

I wouldnt be surprised if most manufacturers err on the side of caution and build the mildest of hybids in the hope that people will buy them!

@BrownCarGuy Ай бұрын

They actually are!

@Hrossey Ай бұрын

Has a hybrid since 1967 mate. It’s calls a Ford Mustang GT. Needs a lead acid battery to start it, meeting the definition of a hybrid vehicle. Starting on electricity, and then running and charging on IC. ✅💯 am I wrong? 😉

@douglastodd1947 Ай бұрын

Car Company's build cars to sell & make money from , EV's including Hybrids burst into Flames , their junk , Manufacturers will end up telling Govts, to take a Hike.. What can Govts, Do, if they want Taxes they'll have to bow to Car Company's or Lose £ Millions.

@BrownCarGuy Ай бұрын

@@Hrossey 🤣🤣🤣

@jamesvandamme7786 Ай бұрын

Hybrids are the worst of both worlds. That's why dealers, and oil industry love them and push them.

@richardsmith579 Ай бұрын

Government taxing ICE cars to the hilt to encourage electric sales is creating big problems for car makers, because they can’t afford to pay the hefty taxes. And electric cars are very inconvenient for many people. It’s a conundrum caused by political meddling.

@gaurangnidhitripathi3570 Ай бұрын

Thanks for your professional insight eternally enjoy your videos full of interesting facts and trends 🙏

@Dazuk2023 Ай бұрын

An Ev can never pay for its own cost before its got no range and needs a new battery. Good idea but we're not ready for it.

@st200ol Ай бұрын

For some yes but it depends on whether you can home charge and how many miles you do per day. Home charging and 250 miles a day then it will easily pay for itself, well within the 15 year battery life.

@Dazuk2023 Ай бұрын

Your forgetting the production costs in energy and unless your blind they are dropping in price faster than Katy prices underwear. If you buy one you have been conned. You won't get anywhere near 15 years without massive range loss. All the evidence is here on KZfaq.

@GT380man Ай бұрын

@@st200olThe main issue is that the underlying narrative justifying them at all is total lies. Utter garbage “science”, paid for by globalists, with the objective of destroying privately owned powered transport.

@chrishart8548 Ай бұрын

There hardly making any ICE cars now. And became they know 22% sales have to be EV the 28% in 2025 they just wont build them.

@st200ol Ай бұрын

E fuels, carbon regenerated fuels, yes please make a video on those, I can't see it happening at a price that anyone can actually afford though. £5 a litre anyone?

@oojimmyflip Ай бұрын

Lets Hope Reform UK get into power and all this EV B/S will be over for good and maybe they will let market forces decided without peanalising the public or the car makers.

@GT380man Ай бұрын

Governments have no power. They’re under the control of the privately held central banks and WEF.

@garymc3519 Ай бұрын

If it wasnt for salary sacrifice in the UK, how low would EV sales be then.

@tonyb3629 Ай бұрын

Don't forget that the 'growth' you're talking about is almost exclusively from fleets and business - private buyer EV sales are flat.

@nicholaswilliams4532 Ай бұрын

What is going to be interesting is as the zev mandate ratchets up the percentage of bev sales just as the consumer becomes savvy as to the limitations and inconvenience of them

@tims9434 Ай бұрын

BYD aka Burn your drive

@reggosse3901 Ай бұрын

Thanks for your honesty. EV's are not fit for purpose.

@chrishart8548 Ай бұрын

They are fit for some porpoise

@steveclark.. Ай бұрын

Like with taking an EXPERIMENTAL injection for a cold, only us critical thinkers can see through through all the BS.

@jamesvandamme7786 Ай бұрын

They are ideal for my purpose.

@chrishart8548 Ай бұрын

@@jamesvandamme7786 me to i Iove mine

@DavidPlayfair 20 күн бұрын

Mine is perfect for my purpose. I charge at home for less than 7 pence per Unit, which works out to 1.5 pence per mile! :)

@TripleBerg Ай бұрын

People view EV’s as a recent development. In fact, the first electric cars were sold in the early 1890’s and sold fairly well into the 1990’s. The technology has improved greatly since then. Gas was cheap in the 1950’s so that gave a definite advantage to ICE vehicles. Not sure we have reached a tipping point yet, but that could happen in near future if costs drop further and infrastructure expands. There will still be many people for whom EV’s are not practical due to inability to charge at home and driving conditions that are not favorable for EV or hybrid cars.

@user-dd9tw2ys7s Ай бұрын

All by design. Own nothing, be happy. 🤔🤔🤔

@stephensalt6787 Ай бұрын

Dodge’s new engine is the 3 litre twin turbo Hurricane straight 6, the only V6 is the venerable pentastar 3*6litre which has been around for 18yrs.

@BrownCarGuy Ай бұрын

My bad!

@user-ij5uz5dm5j Ай бұрын

The issue is that ICE vehicles pre 2010 are far superior than anything newer or any EV as they are junk

@reggosse3901 Ай бұрын

Car company leaders have to grow some courage and fight back against an overbearing government that is out of control with power. Heck, we all have to fight back. Government is too big, too costly, too arrogant, too perverted, too tyrannical and doesn't represent us, you and I the voter. Holding our leaders accountable doesn't just mean voting them out. We need to charge them with crimes against humanity.

@SierraNovemberKilo Ай бұрын

Car companies have been gaming the system for so long they have been suckered down a cul de sac. That's their confusion, they don't know what business they're in - gambling isn't the way forward even if it worked in the past.

@113msaunders Ай бұрын

👏👏👏👏

@GT380man Ай бұрын

Unfortunately, it’s not government doing all these freedom stripping acts. They’re merely puppets. They’re complying precisely with orders handed down from WEF. There’s no political way out of this, because WEF owns all the potential electoral winners. What they’re up to is very dark. Democracy is so last century. The future involves far fewer people having privately owned powered transportation.

@jamesvandamme7786 Ай бұрын

The subsidization of oil and the refusal of Detroit to make affordable EVs and just ignore the future is responsible. Find those politicians on the oil payroll and vote them out! Unfortunately, most are Republicans.

@centralplumbing4397 Ай бұрын

Consumers ''compelled'' to buy? or incentivised?

@charlesrogers8420 Ай бұрын

3 Fs of EVs….Fanboys, Fleet Sales and Freebies ( Government Subsidies).

@johndinsdale1707 Ай бұрын

EVs are fundamentally flawed. Their BOM is double ICE. Charging networks will never be self supporting. Also who will buy an out of warrenty 2nd hand EV? Finally no 3rd party will service or repair a damaged battery hence throw away.

@andemnon657 Ай бұрын

The pendulum is swinging the other way, it turns out most people do not like or want BEV's whether they are hybrids or not, not just that but it is entirely probable that the legislation that is 'forcing' the take up of BEV's etc. is going to be abolished, not just in the USA, but here in the UK too, at that point any car manufacturer that has gone 'all in' on BEV's will in all probability, go bankrupt.🤔

@jamesvandamme7786 Ай бұрын

EV tech is advancing and costs are going down. When there's cost crossover, oil burners and their makers will be screwed. We are entering that area now.

@rjbiker66 Ай бұрын

The problem with EVs is the resources need to build them and the infrastructure to support them. Just look at copper. We can't mine enough to support an EV transition.

@andrewsedgwick7299 Ай бұрын

Over the years i have bought several pieces of equipment made in China because of the price. It dosent take long to realize that most of it is substandard garbage, Having poorly made cars on British roads is a worrying matter.

@DavidPlayfair 20 күн бұрын

Do you expect that the 15% growth to be exceeded once small cheap EVs hit the UK market this year? EVs such as the £14K Dacia Spring are being pre-ordered now!

@rjbiker66 Ай бұрын

GM is the originator of EV car tech. They introduced the EV1 in the late 1990s. And followed that up with the first mainstream PHEV in the Volt. Polestar and Volvo are the canaries in the EV mineshaft. They have bet everything on EV.

@RonaldShakespeare-tk7jx Ай бұрын

In the U.K. Birmingham and Coventry used to have battery operated buses made by Daimler and Guy the old Jaguar Group in the 1960/70’s, they were not very good like battery operated vehicles of today. Guy also produced the electric truck in the 1960’s, before that in the 1930/40’s Trucks were produced using batteries. No idea is new, they didn’t work then and they don’t work today.

@lattakia3812 Ай бұрын

EVs are too expensive.

@st200ol Ай бұрын

New, probably but £3500 for a second car for the shops and ferrying the kids about, with up to 100 miles range, sound a bit more interesting?

@BusbyTreeSurgery Ай бұрын

come home top a real fire buy an EV

@st200ol Ай бұрын

@@BusbyTreeSurgery Come up with a new one. EVs catch fire in lower numbers than petrol or diesel cars. Perhaps if you said your EV may catch fire and it can’t be put out easily I’d meet you halfway. 😁

@Hrossey Ай бұрын

@@st200ol 835 EV fires in Scotland the month of May, 2024. 74 IC vehicle fires. From the Hollyrood Office Of National Statistics 🏴󠁧󠁢󠁳󠁣󠁴󠁿 of which I am employed. Please pull your panties up after that spanking.

@cliffyh466 Ай бұрын

the trouble with second hand EVs, you can't take it to your local trusted mechanic, they won't touch it, so you're forced to take it to the dealership or specialist which charges a fortune per hour, that's the problem with second hand EVs

@seantaylor9758 Ай бұрын

some people seems to think electric just comes out of the pavement! The EV wont save the planet and I expect the planet will carry on doing what it's doing regardless. EV are made of plastic and precious metals so the best solution is probably walk instead of using a car as we did not that long ago. In my haybarn there is still writing on the wood panel where it says ponies shod June 18th 1921 so at that time it was all horse powered.

@jamesvandamme7786 Ай бұрын

You know how fast it changed to horseless carriages? That's how fast EVs will take over. If you have a choice and a need, EVs are far better than ICE for the planet. Not that anybody will care when they are cheaper to run.

@pstanyer1 Ай бұрын

Nothing wrong with EVs they drive well and have a nice feel and comfort. But they are simply over priced where are the sub 25k EVs with 300 mike range

@jamesvandamme7786 Ай бұрын

They're designing them now. The Chinese are selling them now.

@ExpressoMechanicTV Ай бұрын

So, now Dodge are charging for a Charger that's rechargeable. Quaint.

@BrownCarGuy Ай бұрын

😂😂😂

@davidgillham6847 Ай бұрын

If Labour change the EV mandate back to 2030, you might see entire car companies pull out of the UK market all together, it'll be a disastrous decision, which is why it probably won't happen...

@jontheodore8450 Ай бұрын

As history tells us this is what happens when governments get involved with business and try to legislate what people can buy using subsidies it never works & always ends badly.... ps we didn't subsidies to buy an Iphone...

@nigelcharlton-wright1747 Ай бұрын

Don't talk about Stellantis. I wouldn't trust them as far as I can throw a BMW.

@BrownCarGuy Ай бұрын

Please don’t try to throw my BMW 😜🤣

@markbowden7238 Ай бұрын

You won't need a car if you're dead. Zero carbon.

@Smile342 Ай бұрын

Mr.Bean was right 😂😂😂😂

@peterbarrett5496 Ай бұрын

Evs won’t save the environment, they cause more damage. How can you still just say that so cavalier

@user-dm5gr8cd5r 27 күн бұрын

Do you think that any of the big legacy carmakers will disappear in the future BCG? Ford boss Jim Farley mentioned Ford were losing $132,000 on every EV it sold in the first 3 months of 2024 , no profit on very expensive EV's is not good news for a mass producer long term future. Ford were the 6th most highest in debt companies on the planet 2023 (all companies banks etc), Ford like most legacy carmakers have huge redundancy costs in the change to EV's Tesla don't have. Westminster are now fining car makers £15,000 fines on every ICE car/£9,000 on every ICE van they miss Westminster's its % sales are not EV. In 2024 22% of all Ford cars/vans must be EV, Transit is the best selling vehicle so far. this year 92% of UK LV Vans are ICE diesel Ford will get hammered with £9,000 ICE fines, Ford will be forced scale back production or pass the extra £9,000 onto the consumer that will stop buying new vans? Westminster ZEV mandate requires that 28% of new car sales are ZEVs in 2025, 33% in 2026, 38% in 2027, 52% in 2028, 66% in 2029, 80% in 2030 Starmer will want 100%, 84% in 2031, 88% in 2032, 92% in 2033, 96% in 2034, and in 2035 100% will have to ZEV.. Can't help but think both Ford & VW sales will collapse in the UK under the weight of £15,000 fines on excess ICE car sales, and Ford are losing $132,000 per EV they sold, will Ford simply stop selling cars/vans in the UK/EU it No1 market in Europe (EU are fining ICE car making) with these draconian Westminster fines, Mustang Mach E ZEV at £50k are not cheap Ford can't use cheap Chinese batteries in the USA will make EV's even more expensive. Will Ford survive making F-150 lighting ZEV losing $132,000 on every sale, do they have a long term future BCG?

@AllInVehicleInspections Ай бұрын

The issue is that this isn't about tech. For many, it's become about morality, "doing the right thing," saving the planet! But currently, it's exclusive to people who can afford one. China has manipulated their market in that they can't get a gas car without a permit, but buying an EV is permit free, artificially making EV look more popular than they would be if they had a choice. EV may become dominant, but too many people want to bypass the normal transition to new tech. Horses were still used into the 40s and 50s, that's mare than 100 years of transition from the first horseless carriage. Anyway, we are on a roller-coaster as usual, buckle up, raise your hands, and enjoy the ride.

@SierraNovemberKilo Ай бұрын

They're building at least 2 coal burning power stations every week to create the electricity they need. How "environmental ly friendly" is that?

@jondonnelly4831 Ай бұрын

Why not drive a used 1.4tdi polo carefully to get 80MPG. Not too expensive. By the time electric from generator to car and taking into account the co2 for a making a new car, surely the old diesel is actually cleaner.

@GT380man Ай бұрын

Perhaps you’ve not yet realised that the entire narrative of human induced climate change is lies. No question whatsoever.

@jUQMtDmf Ай бұрын

@@SierraNovemberKilo Power stations are still way more energy efficient than an ice will ever be.

@abc33944 20 күн бұрын

The EV environmentally friendly mantra Is the biggest load of nonsense

@OldManTony Ай бұрын

Don’t forget a small rise from nothing is enormous percentage growth, but a much bigger rise from a large number is a smaller percentage growth. It’s just maths, don’t get confused by the anti EV hype. Just check diesel sales have dropped through the floor.

@GT380man Ай бұрын

The entire narrative underlying the environmental claims for EVs is a lie. No question. Anyone who doesn’t do their own research & believes the lies deserves contempt. When I see an EV being driven in our streets, I feel only disgust at the driver.

@OldManTony Ай бұрын

@@GT380man I feel the same about people riding old two stroke Suzukis! Not really, I feel each to their own , but I feel sorry for people who dismiss information that doesn’t agree with their own preconceived ideas.

@stum8374 Ай бұрын

I've been saying along that despite billions and all the boffins in FORD,FIAT, VAUHALL ETC they can't make an ICE do 100mpg BUT that dent the profits of petroleum companies,we cant have that can we !!!! LOL.

@rjbiker66 Ай бұрын

Vw did. XL1. Very expensive

@user-wk6mb7mw3g Ай бұрын

EVs are not growing. Nice try.

@markknight6267 Ай бұрын

I have a problem having watched just 6.5 minutes with your stats. China is ten years ahead of the world and has more than 100 EV manufacturers chasing car sales, legacy auto makers are struggling to compete but the biggest issue is saturation in the cities leaving mainly rural communities that are more likely to go the hybrid route. Across the Western world there has been a concerted campaign to discredit EVs in all manner of ways including but not exclusive to battery degradation which is a blatant lie and charging infrastructure, 60,000+ chargers already available. I disagree that manufacturers are unsure about the future, I would say that they are trying their best to steer the world towards synthetic fuels and that way their business model still works. Sales, servicing, parts etc add to that that NO legacy car manufacturer has sold an EV for profit and it is all abundantly clear

@GT380man Ай бұрын

The entire rationale for EVs is nothing but lies. Away with your propaganda.

@rjbiker66 Ай бұрын

China had hundreds of EV manufacturers a few years ago. Most are going bankrupt. More will go bankrupt in the future. The problem we face is governments meddling in the market.