U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Automotive
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
View Poll Results: What Car Company Will Go Bankrupt Next?
Ford 1 2.86%
GM 3 8.57%
FCA 7 20.00%
VW Group 1 2.86%
Daimler 0 0%
BMW 0 0%
Tesla 17 48.57%
Honda 0 0%
Nissan Alliance 2 5.71%
Toyota 1 2.86%
Mazda 1 2.86%
Volvo / Geely 2 5.71%
Voters: 35. You may not vote on this poll

Reply Start New Thread
 
Old Yesterday, 11:36 AM
 
331 posts, read 83,519 times
Reputation: 225

Advertisements

1/2 a year ago I polled this, and the top 2 results were Tesla and FiatChrysler.

What Car Company Will Go Bankrupt Next?

Now Tesla has posted two very healthy profitable quarters in a row, great growth and paying off debt, risk has been significantly reduced. Profitability moving forward looks quite likely for the next 5 years or so.

Meanwhile, Ford lost money last quarter and has year over year decreasing revenue.

Has much else changed in the landscape? Anyone changing their minds on the inevitability of electric transport revolution?
Reply With Quote Quick reply to this message

 
Old Yesterday, 12:08 PM
 
Location: Lee County, NC
1,250 posts, read 387,529 times
Reputation: 1506
I'll have to think about this one, I voted for Tesla in the last poll, but they have shown some significant improvement.
Reply With Quote Quick reply to this message
 
Old Yesterday, 01:29 PM
 
4,084 posts, read 2,250,815 times
Reputation: 7108
Tesla = the next Tucker
Reply With Quote Quick reply to this message
 
Old Yesterday, 01:37 PM
 
Location: MN
2,953 posts, read 2,721,457 times
Reputation: 2293
Once all the major players are in the EV world very soon, Tesla will struggle to compete. I bet they'll get bought up.
Reply With Quote Quick reply to this message
 
Old Yesterday, 01:50 PM
 
331 posts, read 83,519 times
Reputation: 225
Quote:
Originally Posted by SWFL_Native View Post
Tesla = the next Tucker


One produced 51 cars and the other is producing at a rate over 300,000 per year, profitable, and growing rapidly.

But yeah otherwise, they are the same.
Reply With Quote Quick reply to this message
 
Old Yesterday, 01:53 PM
 
331 posts, read 83,519 times
Reputation: 225
Quote:
Originally Posted by wamer27 View Post
Once all the major players are in the EV world very soon, Tesla will struggle to compete. I bet they'll get bought up.
Why would they struggle to compete?
Reply With Quote Quick reply to this message
 
Old Yesterday, 01:55 PM
 
331 posts, read 83,519 times
Reputation: 225


Meanwhile, GM has a lot of debt tied to asset value of car leases. Very risky if those values start dropping.
Reply With Quote Quick reply to this message
 
Old Yesterday, 03:03 PM
 
Location: Metro Detroit Michigan
3,383 posts, read 919,273 times
Reputation: 2746
Quote:
Originally Posted by ZeApelido View Post

Meanwhile, GM has a lot of debt tied to asset value of car leases. Very risky if those values start dropping.
GM and Fca both made profit last year in fact China is opening a new assembly plant.

https://www.cbsnews.com/news/fiat-ch...ed-in-detroit/
Reply With Quote Quick reply to this message
 
Old Yesterday, 03:54 PM
 
Location: MN
2,953 posts, read 2,721,457 times
Reputation: 2293
Quote:
Originally Posted by ZeApelido View Post
Why would they struggle to compete?
I hope they don’t, but when someone can easily go to local dealer to get work done when needed or buy one. That and they’ll be more of a selection to choose from. Porsche has already doubled it production of its new EV. The big players can adapt and have the network already in place. We have one Tesla store in twin cities that I randomly found or know about. I’d guess 1% of people even know about it. They are selling many vehicles here though.
Reply With Quote Quick reply to this message
 
Old Yesterday, 04:51 PM
 
Location: Podunk, IA
3,065 posts, read 1,406,749 times
Reputation: 3167
Tesla, easily...

The Model 3 cream has all been skimmed.
Their high end products are becoming stale.
They're running out of tax credits.
The competition is coming and they have a lot of tax credits.
They're making huge amounts of unreliable product that they have to fix for free.
A whole bunch of debt is coming due.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Automotive
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top