Yeah maybe we should hire their advertising company, do you think?
Jaguar sales crater a shocking 98% after ‘woke’ rebrand, EV pivot
- Thread starter FastLane
- Start date
Europe and America aren't Communists like China is. The CCP can demand everyone go electric.
T. A. Gardner
Thread Killer
China has imposed a 40% of all vehicle sales by 2030 will be EV mandate on the country. Currently all car manufacturers in China have to produce at least 4% EV's or they're out-of-business. The Chinese government gives out big tax credits (aka bribes) to buy and EV. The CCP also heavily subsidizes EV manufacturing.
Without the government forcing EV's on the population, as I stated, nobody in China would be buying them either.
China Electric Vehicle Policy: 2025 Updates & Trends
Learn how the China Electric Vehicle Policy supports innovation, sustainability, and EV adoption across the nation in 2025 and beyond.
www.chinalegalexperts.com
China is slowly banning ICE vehicles and forcing EV's on the population. That's the ONLY way they can get EV's to be adopted. Norway, the leader in EV adoption, along with much of Europe has done the same thing to one degree or another. People don't want EV's and the ONLY way to mainstream them is force of government.
T. A. Gardner
Thread Killer
Topping off other loser properties of EV's is that they have shitty resale values.
EVs typically lose more than $5,700 per year, for the first five years on average, and will end up costing owners about $28,500 in five years. Compare this to a gas-powered car, which typically loses less than $3,200 per year or $16,000 over five years. The reality is that for most EV owners, depreciation is an expense that has to be factored into your purchase decision.
Read More: https://www.slashgear.com/909209/the-truth-behind-the-terrible-resale-value-of-electric-cars/
Just think... You buy a new EV taking out a loan to do so. The second you drive it off the lot you're deep underwater in the value of your brand-new car. That means you either buy gap insurance to cover the loss in value, or you slap down a whopping huge down payment to prevent that from happening.
If you lease instead, the payments are higher because the leaser knows they won't get jack in resale value when the lease ends. They have to make up that loss by making you pay more up front.
- A recent study showed that the average price of an EV fell 31.8% in the past year compared to just 3.6% for internal combustion engine vehicles.
- The fast depreciation rate could dissuade car buyers from choosing EVs over combustion engine vehicles.
- The price war in the new EV market could continue to suppress prices for their used counterparts.
EVs typically lose more than $5,700 per year, for the first five years on average, and will end up costing owners about $28,500 in five years. Compare this to a gas-powered car, which typically loses less than $3,200 per year or $16,000 over five years. The reality is that for most EV owners, depreciation is an expense that has to be factored into your purchase decision.
Read More: https://www.slashgear.com/909209/the-truth-behind-the-terrible-resale-value-of-electric-cars/
Just think... You buy a new EV taking out a loan to do so. The second you drive it off the lot you're deep underwater in the value of your brand-new car. That means you either buy gap insurance to cover the loss in value, or you slap down a whopping huge down payment to prevent that from happening.
If you lease instead, the payments are higher because the leaser knows they won't get jack in resale value when the lease ends. They have to make up that loss by making you pay more up front.
NiftyNiblick
1960s Chick Magnet
Jaguars used to be beautiful.
I loved them when I was a kid.
Now, like virtually everything else, they look like shit.
Due to environmental necessity, more than likely, the automobile industry
has been totally emasculated.
For all their fancy and even useful electronic gadgetry,
the cars are garbage. Despite not having frames anymore,
they're made of plastic and foil.
You just have to breathe on them and they crumple.
They have less style than an enema bag.
And the beautiful roar of a big V8 engine has all but passed into history.
We could still be bombing around in huge, powerful, beautiful cars
if we had kept our population down to where the planet could handle it.
Instead, not enough people threw a bag on it
and we've got so many fucking people
that our standard of living
has to go to complete shit
if we want to survive.
Why even bother?
Why have kids at all
when we know what kind of numbingly dull lives
that they're going to have to endure?
I loved them when I was a kid.
Now, like virtually everything else, they look like shit.
Due to environmental necessity, more than likely, the automobile industry
has been totally emasculated.
For all their fancy and even useful electronic gadgetry,
the cars are garbage. Despite not having frames anymore,
they're made of plastic and foil.
You just have to breathe on them and they crumple.
They have less style than an enema bag.
And the beautiful roar of a big V8 engine has all but passed into history.
We could still be bombing around in huge, powerful, beautiful cars
if we had kept our population down to where the planet could handle it.
Instead, not enough people threw a bag on it
and we've got so many fucking people
that our standard of living
has to go to complete shit
if we want to survive.
Why even bother?
Why have kids at all
when we know what kind of numbingly dull lives
that they're going to have to endure?
LurchAddams
There Can be Only One!
What do you care? You'll never be able to afford one!
That crazy Jaguar ad didn't even have a car in it. And it didn't have a human that most people want to identify with.
Last edited:
Wrong I owned a very nice 1971 V12 Jag once I bought it from an Orthopedist that I knew. I sold it when I went to med school and made a very nice profit.
He probably believes in unicorns too.Sounds like backing away to me. But whatever you want to believe.
Trumpet
Verified User
Your mentality is a losing proposition.
LurchAddams
There Can be Only One!
1971? Really? Did it have footholes in the floor like on the Flintstones?
No but it was a four seater as long as two people in the rear were double amputees .
Into the Night
Verified User
Ford, Toyota, and brands just mentioned here by TA.
Into the Night
Verified User
Your word games won't work, Poorboy.
Into the Night
Verified User
They don't.
They don't.
EVs in China, manufactured by the Chinese government, are currently sitting in huge waste dumps.
You forget that money velocity in China is near zero.
Into the Night
Verified User
Planning to intentionally lower sales is very poor planning indeed, Poorboy.
Into the Night
Verified User
Turned out that failed too. Money velocity in China is very low. People aren't buying cars or much of anything else.
The EVs the CCP built are currently sitting in huge waste dumps.
Ah, no, could care less of anything regarding Jaguar, as could probably 99.9% of the rest of the world, you seem to be the only one concerned
Sure this has a lot to do with the company converting to EV's so might not mean much, but it is in the context of the disaster of UK auto production, which is down almost 50% in just six years.
www.smmt.co.uk
UK Car Manufacturing & Production Data | UK Car Exports Statistics | SMMT
Discover the latest UK car manufacturing and production data including UK car exports statistics. Get detailed UK vehicle production insights from SMMT.
www.smmt.co.uk
Ah yes that is exactly their problem. They went too woke. Jaguar would be ecstatic to sell cars to .01% of the world's population. That would be over 800,000 cars. They only sold 49 in all of Europe in April.