AD #3645 – UAW Negotiations & Two More Offers To Go; Tesla Headed For $1.4 Trillion Market Cap; Chinese OEMs Target Brazil For BEVs

September 11th, 2023 at 11:59am

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Listen to “AD #3645 – UAW Negotiations and Two More Offers To Go; Tesla Headed For $1.4 Trillion Market Cap; Chinese OEMs Target Brazil For BEVs” on Spreaker.

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Runtime: 10:01

0:00 UAW Negotiations & Two More Offers to Go
1:14 Morgan Stanley: Tesla Headed For $1.4 Trillion Market Cap
2:29 Chinese OEMs Target Brazil for BEVs
3:39 Gotion To Build Another U.S. Battery Plant
4:15 BMW Backs Off Charging for Heated Seats
4:53 MINI EVs To Be Built in UK
5:58 VW Rushes Out Performance ID.7
7:23 Tesla & McDonald’s Offer Cyber Spoon 
7:51 Tesla Might Increase Model Y Price in China

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16 Comments to “AD #3645 – UAW Negotiations & Two More Offers To Go; Tesla Headed For $1.4 Trillion Market Cap; Chinese OEMs Target Brazil For BEVs”

  1. Lambo2015 Says:

    Really glad to see that BMW saw what a horrible idea it was to try and charge customers for features already installed in their cars. Hopefully this trend will continue and send a clear message to the manufacturers that this is not a viable revenue stream.

  2. Lambo2015 Says:

    Kit, In response to last Friday’s comments about GM working on Acura vehicles. I’m pretty sure when the Executives at Acura makes statements about not using GM they are solely looking at the bottom dollar and not wanting to share that revenue with GM. I doubt they care much about your neighbor having a 1 or 2 month wait to get service at a specific location. They are that disconnected from what’s happening at the actual service centers. Even if customers do a have a long wait that doesn’t justify sending customers to GM. It might happen anyway due to the long wait but Acura still isnt going to endorse it.

  3. George Ricci Says:

    I think there will definitely be a strike. Then when they do come to an agreement the members of UAW will vote against it because Shawn Fain has set the expectations so high. So, the strike will last for months and the big 3 will be force into an agreement that puts them at a big disadvantage with their competitors.

  4. George Ricci Says:

    How long will it take for someone to put A Cyber Spoon on eBay for $100? It will be like selling crack cocaine for a Musketeer!

  5. Kit Gerhart Says:

    It’s good to see that BMW saw the light, or the backlash, on their plans to charge for the use of pre-installed hardware. The only “subscription” I’ve ever paid for on a car is satellite radio, and that is only marginally worth the price to me, even after downwardly negotiating the price.

    2 If the shops can’t keep up, and Acura are losing even a few sales because of it, this seems a strange strategy. I never worked in marketing, though.

  6. Ron Says:

    One slight correction, the flame thrower was from the boring company. UAW is getting the money now, but will loose the jobs when the company is forced into bankruptcy, like the freight company.

  7. Lambo2015 Says:

    What Shawn Fain fails to recognize is a job is a job and pays according to the going rate.
    If a landscaper charges $300 to plant a tree at a business, it makes no difference if that company is making a thousand dollars a year or 200 million a year. So, his reasoning for such high demands and tying those demands to the company profits is silly to me. The job is only worth a certain level of pay. Now if they can get a pension back and other benefits that were given up in 07 then good for them. But placing the company in a position to fail at the next downturn doesnt help anyone.

  8. GM Veteran Says:

    Maybe Sean meant the SpaceX package, proposed for the new Roadster, whenever it finally comes to market.

    Tesla has now revealed a performance upgrade that might come on the Tesla Roadster: the SpaceX Package. This package will add a set of rocket thrusters to the car’s rear, which will propel the supercar from 0-60 MPH in 1.1 seconds

  9. Bob Wilson Says:

    The web link is to Sandy Munro swinging a sledge hammer. Well worth the time.

  10. GM Veteran Says:

    If BMW gave you the heated seat option for free and gave you the option of paying a monthly fee to have it active, it would make more sense. Charging a monthly fee for something your competitors do not is just a bad (and embarrassing) marketing idea.

  11. George Ricci Says:

    9.Here is the link.

    I wonder if Sandy would like to comment on poorly made castings?

  12. Kit Gerhart Says:

    I just read that all except the bottom trim level Chevy Trax have heated seats, and there’s no monthly fee to use them. BMW was dreaming to think they’d get by with charging a fee to use something like that.

  13. Buzzerd Says:

    @7 I don’t agree at all and in practice that’s not true either. If you’re working at a small business it is quite reasonable for them to tell you “ we can’t afford to our staff more”, profits just don’t allow. That is a reasonable argument to make, we simply don’t make enough to pay staff more. Well…. In contrast if a company IS making good profit, maybe tons of profit, then the same argument would work in the opposite.
    Does a baseball player deserve to get paid 90 million a year??? Not really but the sport allows for it.

  14. Kit Gerhart Says:

    To me, multi-million dollar sports figures can make more sense than multi-million dollar CEOs. Michael Jordan was a one in millions of basketball players, but it would have been easy to find a better CEO for GM than Roger Smith.

  15. Lambo2015 Says:

    12 You just invalidated your own argument with your last sentence. Does a baseball player deserve 90 Mil. Yes! He/she is getting what the going rate is for an exceptional athlete and has nothing to do with the profits of the ball club. That pay is based on the current going rate and nothing to do with profits.

    Besides Athletes are a poor example as they use an employee empowerment model union. They use a collective bargaining agreement that outlines the basic job (including minimum salaries), but workers negotiate their salaries and bonuses as individuals. Allowing for the standouts to make crazy amounts of money.

    The UAW negotiates for an equal tiered pay across the board.
    Same as nurses’ union who negotiate for the best pay but within the range or going rate for what a nurse should make. Doesn’t matter if the hospital makes millions or billions, they only get what nurses make. Historically union shops always paid better than the non-union because of that collective bargaining ability. Most also provide the workers training and claim to offer a better workforce than just joe off the street. But it still comes back to getting paid for the job at hand and what should that job pay? Makes no sense to try and base it on company profits. Especially when the workers already get profit sharing checks. So honestly if they feel they deserve more because the company is doing so well they should negotiate for a larger percentage of profit sharing. Keeps the pay competitive and affordable while paying the workers well when the company does well.

  16. Kit Gerhart Says:

    I just got gas at a Sunoco station where regular was $3.599, mid-grade was $4.999 and premium was $5.999. Has anyone else seen such a huge difference among grades? This is in Kokomo, IN.

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