How Recalls Are Costing Automakers Like Rivian And Ford Billions Of Dollars

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In 2021, a total of 1,093 motor vehicle recalls were submitted in the United States, according to the National Highway Traffic Safety Administration. That’s up 23% in just one year. Financial experts say one reason why automakers’ earnings multiples are lower than other companies is to do with the frequency of those recalls. That is especially true of legacy manufacturers such as Ford, GM, Stellantis, BMW, Toyota, Honda, Volkswagen and Hyundai. Meanwhile, new automakers like Rivian and Tesla present unique challenges and have contributed to recalls becoming more common. Other recalls have been of the deadly serious variety, such as the Ford Pinto that burst into flames in the 1970s, and the more recent experience of Takata, the airbag maker whose products appeared in automakers’ models from 2002 to 2015.
Chapters:
00:00 - Intro
1:40 - NHTSA’s role
4:17 - Takata scandal
5:59 - Impacts from recalls
10:01 - The future
Reporter: Robert Ferris
Producer: Darren Geeter
Senior Managing Producer: Tala Hadavi
Animation: Christina Locopo, Alex Wood
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How Recalls Are Costing Automakers Like Rivian And Ford Billions Of Dollars

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3 июн 2024

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Комментарии : 367

@dorhocyn3 Год назад

I have been a master tech for over 25 years, I remember when Ford issued a recall on many of their trucks, and the recall stated something to do with the cruise control. I would get so many customers in my independent shop that disregarded that recall because they said they don’t really use their cruise control, but it was actually a brake fluid pressure switch that would leak and short circuit potentially causing fires.

@in2thewild Год назад

can I call you master early?

@alb12345672 Год назад

Haha I still have this repair on my Explorer .

@in2thewild Год назад

@@alb12345672 I still explore

@williambrennan5701 Год назад

the fix on my van was a fuse , that's it . they put in an inline fuse ..,

@joseventura8920 Год назад

Let's not forget that warranty work sucks for a tech

@philnichols5611 Год назад

We have a Tesla Model 3. What is not being said here about Tesla is that the few recalls we have seen (less than four over three years) were handled by OTA (over the air) updates.

@lang1892 Год назад

never been in shop!💗

@nicholasrice8693 Год назад

Cool, can you tow a trailer or support a tradesman?

@justincoleman7856 Год назад

If you pause at 2:24, you'll notice that certain manufacturers aren't on the list like Toyota for example. That's because they take quality control very seriously and haven't changed this idea in a very long time and thus why a good number of vehicles on the road are either foreign or just made in Japan. Let's also understand that not every vehicle is perfect, but like another person has posted, when the upper echelon leadership of a company decides to cut corners or not invest in their quality control, then it'll affect customers and as a result, this will cause customers to possibly lose out of money because they have to take time out of their busy life to get a recall performed because the automaker decided to be careless and go strictly for profit.

@kstreet7438 Год назад

By that same thought, so is my nissan people love to hate on yet it's not that bad.

@shawndavis1480 Год назад

For real. I saw that list and went, "That's basically a quality circle."

@trnlft Год назад

Google Toyota recall and there's a bunch of them.

@revengeoveraero9366 Год назад

Toyota lost billions in a recall because of a cheaply made gas pedal which would get stuck in the down position

@Kvcarious Год назад

Toyota BZ4X was recalled last year

@MalcolmLeitch1 Год назад

My 2022 Jeep Wrangler 4xe has two open recalls (one issued in early November) effecting almost 63,000 cars that as yet do not have a solution. At least Rivian was able to fix their cars immediately.

@quonslecn7755 Год назад

This is what happens when you rely on your customers to be your Quality Assurance testers

@drnobody1006 Год назад

Blame the customers for being dumb enough to buy them and be their lab rats.

@wolfsokaya Год назад

Ford didnt have much problem killing people with their Pintos and unbalanced Explorers.

@johanyventura6669 Год назад

🤣🤣🤣🤣🤣 right

@AMGBVG1369 Год назад

Big reason: Rushing the product instead of taking their time

@JT_771 Год назад

We need better classification of recalls, now that OTA (over the air) fixes are a thing. A recall for which nothing needs to be done, auto applied OTA, is different from one requiring a dealer visit. By quite a margin. In turn, a dealer-required software change is quite different from something that requires a tranny replace, etc. It's good to have visibility on such details.

@samirshah5411 Год назад

This

@CrazyWeeMonkey Год назад

Agreed, perhaps "soft-recall" could be the term we use for OTA recalls?

@Comm0ut Год назад

@@CrazyWeeMonkey That appears (to the tech-ignorant i.e most people) to minimize the term "recall" and most people are not highly literate let alone experienced technicians. One in five Americans is functionally illiterate and prose literacy is generally poor with many US citizens below sixth-grade level. That you know what OTA means suggests you're a techie but never forget most non-techies are technically helpless. Predatory businesses certainly know it and take full advantage.

@lupavo1738 Год назад

Except the Rivian recall wasn’t a “OTA” repair, it was a physical repair that needed to be done. Tesla had a larger OTA recall recently, yet customers still came in to the service centers thinking it was a physical one.

@JT_771 Год назад

@@lupavo1738 This wasn't discussing specific examples. But to your point, that's the intent of the idea behind wanting better classifications for them, to give us better understanding of the nature of a recall, what's involved, etc.

@thewavehunter 7 месяцев назад

U folks at CNBC do a great job on these EV and auto-related “series” stories - topical and informative. Please produce more.

@thepotatoofheaven Год назад

that's what Ford gets for having bad quality control and/or cutting corners. I think rivian is a new car company so idk if it's because they're new and don't have very established quality control protocols

@josephquinto5812 Год назад

Most likely. Building vehicles that can withstand thousands of miles of use is difficult. Mistakes turn into learning opportunities. That’s why Lexus and Toyota are slower to introduce new tech: they run way more r&d before implementation.

@y4nns Год назад

Probably and also they exaggerate this number a lot because it is still only 14,000 cars which are fixable so it shouldn’t be too devastating for rivian

@unconventionalideas5683 Год назад

I mean, an awful lot of these recalls are engineering faults, not quality control issues.

@NorthernExposureATV Год назад

The car company doesn't loose the money, it gets billed yo their supplier as per their contract. The logistics of how they do everything and anything runs way deeper then ppl expect. I worked at a factory and was totally blown away at how complicated things are. It's all necessary for taxes/insurance and loss

@NorthernExposureATV Год назад

@@B3B3TTER right, as a guy who installed those parts, you'd half to be entirely rtrdd to not bolt anything on right, you typically have a 14 second cycle time and 1 or 2 parts and maybe a handful of fasteners to deal with. It's very rare that it's a process error then a product failure as you stated.

@abhinavrathor9856 Год назад

@@NorthernExposureATV But don't these companies have Insurance to fall back on?

@NorthernExposureATV Год назад

@@abhinavrathor9856 they all do, they won't if they have to make all those claims though. You can contractualise just about anything, and why not specify liability?

@ShainAndrews Год назад

@@NorthernExposureATV The guy that installs... has zero insight to operations. You are forty some levels removed from any costing. Probably not even Canadian. Just fronting to be cool like them.

@NorthernExposureATV Год назад

@@ShainAndrews nailed it 👌

@carlosnoelopez Год назад

HYUNDAI is on the same boat. I got a Santa Cruz a month later back in the shop for 4 months.

@cmdr1911 Год назад

The worst part is when they do the recall repair wrong. Ford had a recall on my explorer. When they replaced the toe links they didn't align it and destroy 1500 dollar tires and blew out while on the road. Then the dealer refused to take responsibility. I like my ford's but the explorer will be traded for a jeep soon.

@xxscottvv Год назад

Don't buy a Jeep if you're worried about having issues.

@cmdr1911 Год назад

@@xxscottvv have a wrangler with 110k miles. Only issue has been the windshield wiper motor died. It also helps that my father in law has 35 years with the company so get them at a pretty good discount.

@Tokamak3.1415 Год назад

@@cmdr1911 You have a tire blowout on a Jeep that might be the end of you. Jeeps are very capable vehicles off road but I would not drive one as a daily driver.

@turbo_brian Год назад

Every manufacturer times recalls strategically. You have to identify the problem, understand it, design a solution, and then build up inventory of the solution and validate it and introduce it into production as well. So if you are in that process and someone else announces a recall you could easily pull your recall forward and have less inventory built up and be able to roll out the fix to customers more slowly, but if it saves stock price it makes sense. Probably some of them wait a bit too to see if they can use this trick.

@joelrivera2245 Год назад

I did love the modern concept of putting news in RU-vid! ❤

@limpunsing2229 Год назад

The complexity of new cars today is the culprit That even maintenance & repairs are a big problem

@aizazshamshad4613 Год назад

Most of recalls are of airbags. We should make research over alternatives to airbags sensing systems or airbags blasting.

@Dansk55 Год назад

Not one recall on any of the vehicles we own. Lexus RX300, Toyota Celica, and GX. Quality old cars that just don't quit

@davefroman4700 Год назад

Good luck affording fuel for them in 5 years.

@yves8639 Год назад

Without car payments (average being 600+ per month) you can afford fuel!

@nanowar1192 Год назад

@@davefroman4700 7/11 near my house only $2.1, Shell $2.3. Austin,Tx

@harrys2331 Год назад

@@nanowar1192 California is poisoned to believe that 4 dollar gas is on the lower side :(. Even before pandemic we were encroaching on 4 dollar gas.

@diemes5463 Год назад

@@nanowar1192 wow, i'm moving

@Alexzw92 Год назад

8:20 no mention of the fact that the recall you mention here was just a software update…. There was no physical safety issue.

@dragonskunkstudio7582 Год назад

I just read the recall on the Rivian. The front upper control arm wasn't tightened enough and can come loose.

@in2thewild Год назад

you can come loose

@beaurichardson6496 Год назад

I have one they fixed it for free wasn't really a issue for me

@in2thewild Год назад

@@beaurichardson6496 NOOOOOOOO

@dragonskunkstudio7582 Год назад

@@beaurichardson6496 It shouldn't be an issue.

@Rolexenforcer Год назад

@@TheRealCheckmate lol

@arun279 Год назад

there should be separate terminology for hardware and software issues I feel, especially when they can be updated OTA.

@Ksins1 Год назад

USA is doing everything to make the people of Europe live badly! So that the European economy will fall! USA does this in order to rule the people of Europe and send them to war with Russia, so that the people of Europe will fight and die in the war with Russia! USA in this war will sit across the ocean and sell weapons to Europe and laugh at the Europeans! USA needs a war between Europe and Russia in order to survive itself, as the Anglo-Saxons have always done!,,..

@TeNgaere Год назад

So many things designated as recalls are really just a requirement for an over the air software update. Wish the media coverage would take this in consideration. So many, majority of recalls OTA = "Over The Air" software updates. Which Tesla often has done before their warning is actually issued.

@KanjaWolf Год назад

I worked and still work on embedded systems in transportation field, also have ton of friends working in different corporations - a quite recurring problem - it is because management always wants to tell what you should do and rarely listens to the development teams, who have actual knowledge of the system. They usually want to band-aid anything that can't be done before the deadline hits. Let's be clear, systems became so overcomplicated it should take more time to verify that everything works as it should. Every vehicle should be tested like planes, yet managers want to cut corners and get bonuses. Why? They don't care about long term profits of the company as corporationism in US killed employee loyalty we knew from pre 2000s. They gonna get their bonuses for speeding up the project and move to the other company in different field, before fire starts, while engineers will stay after hours to spend even more time and corporation money to actually fix the issue.

@AD-yo5my Год назад

Thanks for letting people know

@dom3shot993 Год назад

You dont need dealerships to sale. People who want the vehicle will buy it regardless. You just need maintenance shops.

@AudioVisionary000 Год назад

This is a business model. Look at washer and dryers for example. They used make quality stuff that could last years sale with cars as well. They soon realized they can make more money by making products cheaper so cuz can continue buying more from them.

@MrMarauder96 Год назад

I’ll never forget the amount of money used for the takata air bag recall. The vehicles just sat in the back for months… 4.7k a month

@lucasrem Год назад

Was it needed ? guess not how many vehicles don't do airbags ? let the consumers pay for it, of let them buy Tesla now !

@lzh4950 Год назад

4:41 Some Hondas in my country reportedly had their Takata airbags deactivated by their owners as there were a lack of replacement parts, probably due to Takata becoming bankrupt or their car dealer having already closed down (so no one was left to replace the airbags)

@JasonKing247 Год назад

Tesla recalls are more of software updates that happen wirelessly when parked in your garage. Surprised they just glazed over this fact.

@envisionelectronics Год назад

Unsurprising - FUD SELLS, especially the Tesla sort.

@tinashemashoyoya1115 Год назад

Great documentary, only please remove that irritating music in the background

@roboteagle5000 Год назад

The background music is super lame!

@johnswanson217 Год назад

People complain why they have to wait for new cars for years. Well poor quality is what you get with short time.

@lupavo1738 Год назад

The thing is, with Tesla, people wait for years for their new car and it still comes with quality issues. How ironic.

@abradfordajb Год назад

The vast majority of Tesla "recalls" are resolved quickly & easily via OTA (Over The Air) updates. There really needs to be a re-examination of the use of the term "Recall".

@marciliojunior4919 Год назад

"Resolved" these software updates are always bandaid fixes and the problem will occur again

@dukequack6209 Год назад

@@marciliojunior4919 any examples?

@The_Lone_Aesir Год назад

Can't help but notice that chart at the start of the video didn't have any japanese auto makers.

@computersales Год назад

More shady dealerships isn't the solution to recalls. Right to repair is the solution to recalls. If it was easier to get parts and do the necessary repairs this wouldn't be an issue. Also we really need to get with the times and stop labeling software updates recalls.

@IGGEII Год назад

Why the heck BGM is almost as loud as VO? 8:30

@AllenHanPR Год назад

Seems to me 2 things need to be in place, if more than one automaker uses parts from the same company they should all chip in money to do quality control testing and if you want data from that product you need to pay into it. Then they need to start recall centers with qualified mechanics and dealerships, if it is a easy fix. have a mechanic do it and the cost gets passed onto the automaker, the automaker saves money by not having to ship a car back and fourth. The same way why CVS and Walgreens both do prescriptions cause its located everywhere.

@lzh4950 Год назад

Probably to raise economies of scale & reduce costs, my country's public bus operators are having fewer different models & variants in their fleets now than before. For instance we have ~1600x Volvo B9TLs, forming ~65% of the country's double decker buses. Imagine how many buses would be taken out of action if the B9TL was recalled for whatever reason & how much capacity will be lost in the public transport network as a result. Also read that Washington DC's Metro lost almost 60% of its capacity when the 7000 series of rolling stock were recalled (since they formed such a big proportion of their fleet, having replaced 3 older series)

@davidtsang1807 Год назад

@3:02 "Take the number of vehicles in the field, A, multiply by the probable rate of failure, B, multiply by the average out-of-court settlement, C. A times B times C equals X. If X is less than the cost of a recall, we don't do one." ...Fight Club, 1999.

@andyt1313 Год назад

My 2021 Yukon has had 4 recalls so far.

@davefroman4700 Год назад

GM has to be the worse one. They still haven't finished replacing all the Bolt batteries. And rumor is the ones with new batteries are now having the same issue.

@shashankshekhar2611 Год назад

GM as a car company is a bad joke at this point, they excel at pretty much nothing and is shadow of what it was 20 years ago . funny part is the cluster of companies it owns are all garbage in Quality control and reliability, Chrysler, Fiat etc.

@kl3nd4thu Год назад

That's pretty bad. GM's stated goal was to only manufacture electric passenger vehicles by 2035. It may seem far in the future, but if they can't even hammer down electric batteries by now, I don't know if they have enough time. And they still need to construct massive battery production facilities too. That in itself will take years to plan and build.

@davefroman4700 Год назад

@@kl3nd4thu 99% of all the business models in history? Have failed to survive technology disruptions. The automotive industry is just one sector that will be disrupted by technology over the coming decade.

@aymanhawari2589 Год назад

Advantage is just ask them for a new one every year 😆

@speedyme200 Год назад

...To cut corners to save a few cents here and there and to sell as many vehicles as possible

@Ehumanist Год назад

What a joke about Tesla's recalls. Majority of it is software updates over the air that never require anyone to send a car to a service center..

@BoxiesAU Год назад

That was one of the key takeaways from the video - Regulators (and regulation) hasn't kept up with software updates. It is still a 'recall' by definition and can have equal if not worse consequences. An automatic e-brake that engages incorrectly, lets say on the highway at 110kmph, is going to give you a bad day as a loose seal or fastener.

@amazon4716 Год назад

Tesla also has recalls.

@sandroaces Год назад

One problem is that dealers are always trying to sell services that people don’t actually need or a car and people rather not deal with them.

@brett4264 Год назад

Loved my '76 Ford Pinto. I fixed the problem myself. I just had to cut off gas tank mounting studs that were too long. If read ended, the studs would pierce the gas tank.

@stonergirls9806 Год назад

The Rivian recall was a 5mins repair to tighten a possible loose fastener in the interior. Easy fix

@lucasrem Год назад

why you all cry recall here ? Not understanding it ?

@MarcDeVinney Год назад

This comparison of all “recalls” when the bulk of these are software updates is a real problem for consumers to understand. #applesandoranges

@chazerrrr Год назад

Excellent point. I am currently waiting on their explanation of what a recall is.

@sebastianreyes8025 Год назад

There needs to be a vocab change, boomer and tech protocols are colliding. Tesla issued a "recal" that ended up being a software update, like you would have on your phone, that happend overnight automatically for some customers. Over a month later some recived a notificaiton by paper mail that there was this "recall" happening. smh

@austinhernandez2716 Год назад

My Toyota Tundra has a recall because if the bright headlights are on for too long they can cause a fire. I'm not worried though. That shouldn't be a problem if you only use them on the highway. I understand if you idle with them on for some stupid reason. So I haven't sent it back, I'm not worried about it.

@AA-vr8ez Год назад

Keep a fire extinguisher handy

@AD-yo5my Год назад

Keep up the good work

@PrinceFame25 Год назад

Most things happens in three’s, I’ve noticed ones something happens two more similar incidents occurs!

@novakaine127 Год назад

How the hell does any start-up anywhere, get a higher evaluation than a company that's been in business over 100 years?!?!

@BoxiesAU Год назад

I wonder the same thing. Ridiculous. Tesla being 10x Ford is also stupid.

@tHebUm18 Год назад

Not having the baggage of a large and dying internal combustion business as EVs become mainstream.

@xsforreal Год назад

Stocks aren't only valued on the present, but the expected future of a company. Electric cars are the future and have a larger potential than ICE manufactures

@ronblack7870 Год назад

@@BoxiesAU tesla has 10 times the profit margin per car as ford

@BoxiesAU Год назад

@@ronblack7870 it’s actually under 5x, and there are questions whether that will be anywhere near sustainable as lithium demand goes up; that’s the only reason they are at that level, it’s not exactly a secret. Maybe they will overcome that challenge, not saying they won’t. But Tesla is insanely overvalued, give it 5 years and it will be at 300bn market cap, maximum. Put in your calendar right now

@curiousdaniel78 Год назад

The video didn’t mention anything about software recalls companies like Rivian and Tesla will do a recall that could easily be fixed with a software update. Which it is still bad it’s not nearly as bad as a major part failing.

@kevinc2332 Год назад

Considering these cars highly dependent on software, it could actually be worse. Just a thought.

@ShainAndrews Год назад

Faulty thinking. This is why we don't let children make decisions.

@lupavo1738 Год назад

Also the Rivian recall wasn’t a software issue, it was hardware.

@kcx047 Год назад

Didn't know Don Draper joined NHTSA

@Crashed131963 Год назад

LADA never had one recall ever.

@worldofdoom995 Год назад

Because you had to wait ten years to get one

@Crashed131963 Год назад

@@worldofdoom995 LADAs were made to break so you could never could tell if it needed a recall or it was by design.

@redbean9410 Год назад

No one has ever heard of a LADA either

@jasonbrown7258 Год назад

Ford should have recalled every 6.0 motor out there.

@deejaybenjamin6812 Год назад

As a technician, I hate to do a recall and warranty because they pay less to Technicians and dealerships are very smart to take advantage of it from manufacturers if the tech is paid for 20/ hrs, the Dealership charges them 25-27 or more hrs from manufacturers. Why technician is satisfying to your customer where manufactured are the mistakes to produce a problem with the vehicle

@TexasRiverRat31254 Год назад

Why is the music so LOUD at times?

@vectorfox4782 Год назад

Wait for the Lucid recalls

@olevratreadway505 Год назад

My 2016 Toyota Corolla had a recall for the airbags in somebody did a hit-and-run on my car and it’s total

@larrydugan1441 Год назад

I have had several nuisance recalls. They are nicely spaced. The dealer always does the up sell. It is obvious some of these recalls are to generate traffic to the dealer.

@af31ns Год назад

Good hell, CNBC, please take the background music out of the video so I can hear the narration!

@xxxCHAIxxx Год назад

The problem with Ford right now is that they've been cutting corners for years and they have a pretty poor culture at their factories pushing quantity parts for short term profits over quality.

@theholt2ic219 Год назад

Ford, GM, and especially Chrysler make probably the poorest quality of vehicles. There is a reason why they sit on dealership lots far long. It’s been tough if you want a Toyota because a lot of them don’t have many models at the lot. And across the street is a Chevy dealer full with cars on the lot. The investors just don’t care about quality anymore because GM and Ford actually made some good cars in the 90s and early 2000s. Now it’s just about profit, cutting costs, cheap parts and materials and fix it later. They blame everything and everyone else except themselves. Toyota and Honda did themselves a favor by building good cars in the 90s and 2000s. everyone remembers that good old reliable civic/Corolla/Accord/Camry and buy the new models.

@RollinHomies Год назад

I think the video actually starts around 10:10, but really not sure 🤔?

@timcumming7319 Год назад

The cost of not doing recalls is people losing their lives. Forgive me if I don't care if a company loses some money fixing an issue they caused.

@abdi_ Год назад

Wasn’t Tesla’s recalls a software one?

@JT_771 Год назад

Most, not all.

@lupavo1738 Год назад

Yes, it was.

@pahanin2480 Год назад

Not having any dealerships is not a valid vehicle quality reason for higher recall rates

@markspoor4663 10 месяцев назад

Recall customers should be paid for thier time to reolve this.

@itisim Год назад

Rivian been getting target lately now watch they pull through and a short squeeze happen after recession

@ocampbell1954 Год назад

LOL at pull through. That company is literally bleeding money. They'll probably go bankrupt because they can't scale.

@chadhaire1711 Год назад

Rivian will be out of business once the big companies get in the electric game...

@itisim Год назад

@@chadhaire1711 yeah rite

@chadhaire1711 Год назад

@@itisim Yeah very right....Lucid, Rivian.......only reason they are in business is because the bigger companies are taking their time launching EV cars......once they do there will be no reason to own a Rivian or Lucid......they will go under just like Nash, De Soto, Hudson did in the 1950's.......the poor fools who paid $100K for this loser rides will have a useless paperweight sitting in their driveway.

@itisim Год назад

@@chadhaire1711 thats why rivian have time the big boys to slow 😆

@brandanrox Год назад

Dodge! What wow! Who would have known that they would be thrown on the list!

@anthonyrussell5718 Год назад

to me these problems generally come with american vehicles like ford and rivian that is why i trust the japanese brands and i've also invested in some toyota stocks and i'm looking to buy tesla stocks but a friend of mine said Instead of trying to predict and prognosticate whether or not we’re going into a recession and precisely when it’s going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventuality, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.

@geraldantonio3160 Год назад

@Alexander Webber >>>>I got into a bit of dilemma myself due to this chaotic market, wasn't sure if to sell or just wait a little longer, 75% of my portfolio was tanking and in the red, but I began gaining clarity and have more confidence in my invest. through an investment-adviser, I know most DlY investor like me would say advisors aren't essential, but come to think of it, they're better trained and equipped at this and if I have to give just a little amounting fees for me to be able to net $650K in less than 8months like I did this year, I truly don't mind.

@KingDavid-jj7tk Год назад

@Patricia Martin The US-Stock Market had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable considering we’re not accustomed to such troubled markets, but there are avenues lurking around if you know where to look I’ve netted over $850k in the past 10months.

@geraldantonio3160 Год назад

@@KingDavid-jj7tk That does make a lot of sense, good for you though, unlike us, you seem to have the Market figured out.

@c.bulakh6231 Год назад

Yeah because japanese automakers never have issues and recalls, hypocrite japanese fans always talking crap🤷

@amazon4716 Год назад

Better to be safe than sorry Be a responsible company.

@timothydevries383 Год назад

Because the design, manufacturing & cost requirements cause ridiculous catch 22 situations.

@stansanders6959 Год назад

You didn’t mention Tesla was an over the air update.

@JonesJones-np2kq Год назад

Why do they need a dealership network?

@nicholasrice8693 Год назад

I still daily drive analog cars that are 40+ years old. They are cheap, they run forever, and they have style and body lines that you will never see again. I don’t think I have ever spent more than $6k on a car and my cost of operation is really as low as I want it to be.. Tech encroached into every aspect of our life, i don’t believe that tech is necessary a value-add for automotive products except regarding safety and efficiency.. still, that can be done without adding a 20” tv on the center console.

@elischwartz8868 Год назад

My 2022 Wagoneer just

@Enforcer_WJDE Год назад

Trying to save cents per car ending up paying billions...

@heinousanus9352 Год назад

WTF's "Big bet on EVs" mean? It's not a bet, it's an inevitability, they either do it or they die.

@eleventy-seven Год назад

Like Hyundai. Almost every single model and year have been recalled. Look up a random Hyundai made more then a couple of years ago. Not that the new ones are better. It just takes a little while. Dealers have engines stockpiled for replacement.

@auro1986 Год назад

how? rushing r&d, production and adapting to new technology only because it's new

@jenbeals7953 Год назад

The background "music" in this video was too loud and somewhat painful to listen to for the whole video length. Even when I turned the volume down to where I could barely hear people's voices, the background track came through with a bit of a digital/ metallic quality that hurt my ears.

@the_notorious_bas Год назад

I think that declining an interview is also bad for a company's reputation.

@slomotrainwreck Год назад

@11:45 "Ford and Rivian declined CNBC's request for an interview" What?! You guys have something to hide?! 🤔😂

@KPHTvOfficial Год назад

Rule #1 no company willing to spend billions to recall products with a silly defect. It has to be way worse than we thought. So i would disregard the simple reason they give me and send it back.

@JH-jm8ib Год назад

Recalls happen when 1. Manufacturers Cheaps out on Research and Development amd churns a half assed product. 2. Manufacturers are Using cheaper parts 3. production are rushed due to an idiot boss rushing to meet quotas 4. Factory workers who don’t have a pride of their work.

@Zed_Oud Год назад

2:22 Toyota? lol nice

@atavanH Год назад

If NHTSA really cared about safety, why don’t they do something about all the pedestrians getting killed by the lifted pickup trucks, and giant SUVs on the road?

@andrepow Год назад

Dude, all those Tesla recalls are just over the air updates.

@abdulaziz-kt5ih Год назад

banger music

@mynintendogamingfeed5208 Год назад

Well, it's time to stop recalling *everything!*

@ronblack7870 Год назад

almost all tesla recalls are just software updates. it's nhtsa that insists they have to do an official recall. and tesla is the only company that can even get close to if not 100% " repairs" since they are over the air updates.

@A22DNAL Год назад

Lots of people here screaming in defense of these crappy teslas. Like, that is great that their recalls only consisted of software. It is b/c all the mechanical issues come after your warranty runs out. That car is trash. I also LOVE how Hyundai/Kia are low on this list b/c they are not including the engine fire debacle they already have had to recall twice.

@hypefilms6061 Год назад

I still believe in rivian ,I still love rivian you'll will figure it out its only a few years you'll got under you'll beat

@elgsquilliam Год назад

Alternative headline: Car makers should build their vehicles with a higher quality

@saynotop2w Год назад

That seems to me like the problem the auto makers themselves caused

@kl3nd4thu Год назад

2:21 - Toyota is a big company, no recalls show on this chart.

@trnlft Год назад

Google Toyota recalls. There's a ton.

@dontbanmebrodontbanme5403 Год назад

I'm a little surprised that this article didn't talk about the fact that many times, especially lately with these newer "computers on four wheels", the recall is due to a software bug that's easily fixed with an over the air update. I get it, they only want to focus on the ones that actually cost automakers money. But, for example, they mentioned the many recalls Tesla had, without mentioning that the overwhelming majority of those recalls had nothing to do with hardware and didn't cost the company any money. It's just nice to paint the entire picture.

@vidainvestor Год назад

While Tesla is doing over the air updates

@th0rn3gaming Год назад

Here you have Chevy vs Ford guys and almost the entire trucks are exactly the same with the exception of a few parts and the body/chassis. Shocks, tires, engine components even down to transmissions, and tech features mostly come from the same companies.

@ld871111 Год назад

Maybe spend a few millions more on quality control so you don't have to spend billions on recalls?

@johndodge8999 Год назад

What's an auto video without some Tesla FUD thrown in. 😂

@ronblack7870 Год назад

for all those complaining about quality how about carmakers go back to 1970's designs. would you want a car without all the useless stuff . no gps just a radio . they can make those super reliable.

@nachof248 Год назад

because they didin't spend that amount before in testing they want to "save" QC money, well, this happens in the way

@johnhender Год назад

What's get me is they always claim they tested the vehicles for millions of miles - but something is always breaking ( BMW, Audi, MB Etc ) and they can't seem to make cars reliable like the Japanese. I think they make these vehicle to fall apart after the warranty is over I wonder how long all these electric cars are really going to last when used in the real world not the Tesla Fan Boi world.