FIFYYeah, owning a shop and removing emissions for people is not the same as me replacing my brakes.... yet.
First Brands.I saw a video the other day that alleged that a big company bought a lot of the parts companies and parts rebuilding companies like Cardone. Tjen, they shut it all down abdcwent out of business. So, supposedly, there is almost nobody rebuilding or reconditioning parts any more. This is getting ridiculous and it makes me very, very angry. This is America, home of the free.
I can't afford to buy new vehicles and I don't like most of them.
Well, see you’re not understanding. They really would prefer that the stuff just can’t be fixed and you have to throw it away and buy a new $80k+ vehicle every time it breaks.So they don’t want us working on our own junk. That will work out great. These mouth breather “mechanics” at the local dealerships can’t fix a ham sandwich, let alone a vehicle. We send a lot of vehicles out for warranty and outside vendor repairs to all different dealers. It’s VERY rare that they fix it the first time.
It takes a week or 2 before they can get to it. 3-5 days to get the parts, and 2-4 more to complete the job.
Pay attention to all of Ford's latest patents. THAT will tell you the future they want to see.
I hadn't thought about the effect of untrained "techs" having the ability to reprogram things like automatic braking and evasive steering- that's the stuff of nightmares.
I firmly agree that subscriptions to keep options functioning are wrong, if you pay for something it is yours.
You make good points about our current market. And a stakeholder is not just big corps and multi-billionaires. It's the average person that buys stocks... So before anyone bitches, look in the mirror. It's going to take a gigantic shift in thought for any change, and I'm not holding my breath.With a telematics module and over the air update capabilities, it's not techs you have to worry about.
Well, you may think that, but from a business standpoint subscription models are the ultimate in ROI; you're basically guaranteed to see a tidy 2%+ per quarter increase on profitability if you oblige consumers to rent what they "own."
You're in stakeholder capitalism now - this is not the economy you grew up in. A few buried changes in a sales agreement or EULA, and a manufacturer or vendor owns a percentage of your income basically forever. Ownership is no longer "ownership" if a sales contract is set up properly, it is just a murky lease agreement that they can leverage against you at any given time. Why not apply that to vehicles? It's a critical and necessary thing, which means you are absolutely going to pay it, which means exceptional ROI.
Is it moral or ethical? Who cares. The only thing that matters is a 2%+ increase in profitability quarter after quarter. Otherwise, one would run the risk of catching hands from the SEC for failing a fiduciary duty clause in their contract, which at a minimum leads to dismissal, and at a maximum prison time.
Don't like it? Too bad. You're not a stakeholder. Stakeholders determine the direction of an economy. You are an individual consumer. You'll get with the modern world, or fall off a margin and literally nobody will notice.
Besides, what are you going to do, start a car company?
Lol.
Lmao.
No offense intended, Walt. Just a thought exercise. Love ya buddy!![]()
Ah, I'm referring to the "Stakeholder" thing (capital S) vs "stakeholder" (you). The modern Stakeholder being the spin on macroeconomic theory, vs the older Friedman theory on Shareholder capitalism. As time goes on, stakeholder benefit seems to be in proportion to percentage of ownership of the global liquidity pool, but I digress and will withold commentary.You make good points about our current market. And a stakeholder is not just big corps and multi-billionaires. It's the average person that buys stocks... So before anyone bitches, look in the mirror. It's going to take a gigantic shift in thought for any change, and I'm not holding my breath.
Most of what you said is over my pay grade, so I'm joining uncle Gump...Ah, I'm referring to the "Stakeholder" thing (capital S) vs "stakeholder" (you). The modern Stakeholder being the spin on macroeconomic theory, vs the older Friedman theory on Shareholder capitalism. As time goes on, stakeholder benefit seems to be in proportion to percentage of ownership of the global liquidity pool, but I digress and will withold commentary.
For those in the back, this means the worlds largest corporations are now driven by "what makes the world a better place," instead of solely "what delivers maximum ROI to a holder of this company's stock." Who determines this? Annual corporate meetings where they determine what morals and ethics you will fund with your purchases. Keep in mind, the SEC framework of fiduciary duty is still not being violated in this in any sense of the term - the company is delivering maximum value to the shareholders by also making sure they are being the best company possible in terms of moral and ethical impact on a global scale. Most of the Fortune 500, if not all at this point, have signed on.
From a business standpoint, its a great way to sluff off annoying things like lawsuits about what are "human rights" (Nestlé, ROC Cosmetics, Halliburton, etc) or other liabilities like consumer class actions. After all, the company is absolutely best serving everyone because they said so. They even had a meeting about it, and everything was reviewed by legal. Its all just fine. Be happy about it.
From a vox populi standpoint, not hard to see how this can go very haywire very quickly.