Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Freedom Bunker
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

No More Chrysler 300

% of readers think this story is Fact. Add your two cents.


No big surprise – but now it’s official: The Chrysler 300 sedan will be retired after the 2020 model year.

But, it’s depressing regardless.

First, because the 300 still sells well. And that is a surprise. Chrysler has sold about 3,000 of them each month so far this year – which is steady as she goes and about the same as were sold last year and the year prior (see here). Which is remarkable, because the 300 hasn’t changed much in years. The basic car dates back to 2005.

And yet it sells.

Much better than the electric Turducken that is slated to replace it.

That Turducken is something tentatively called the Portal. It will be everything the 300 isn’t – and that is going to be a problem for Chrysler.

What’s left of it.

The brand that used to sell with Lincoln and Cadillac now sells a minivan  . . . and (once the 300’s gone) no more sedans at all.

Just a minivan – the Pacifica – and (soon) an electric van.

This Portal thing.

Good luck selling 3,000 of these a month. And good luck making a buck on any of those sales.

We’re still about two years out from the launch of the Portal but we can ballpark what it will cost because we know what current electric cars cost. The least costly being the compact-sized Nissan Leaf, which is $30,000 to start. Expect the Portal – which is bigger – to sticker closer to $40k.

And Nissan only sells about half as many Leafs as Chrysler sells 300s (see here).

Keep in mind that the 2018 Leaf is “all new” – and the 300 (reviewed here) is basically a 15-year-old car at this point.

Keep in mind, also, that Nissan loses money on each Leaf “sale” – the car (as is true of all electric cars) has to be discounted and subsidized and even then, only about 1,500 marks (whoops, buyers) are willing to step up.

Chrysler makes money on the 300. Which makes it worth making the 300. A simple economic syllogism that is lost on the EV-addled.

The profit margin is probably excellent, too – because the tooling and R&D has likely already been amortized. In any event, the point is that Chrysler doesn’t have to discount the 300 – and no government subsidies or bayonets are required to nudge otherwise reluctant people to buy them.

They buy 300s because they are appealing.

And because they are affordable.

Two qualities electric cars lack.

The current 300’s base price is less than the Leaf’s – $28,995 – and for that you take home a full-size American sedan with a brawny V6 – instead of a compact-sized FWD electric shitbox (Brock Yates’ eternally scintillating term) that’s useless except as a short-range City Car because it can’t go very far. Nissan touts the Leaf’s 150 mile range as if it were a miracle on par with finding the image of Jesus burned into your waffles. And for an electric car, it almost is.

But 150 miles isn’t very far  – if you expect your car to be capable of more than just commuting.

Read the Whole Article

The post No More Chrysler 300 appeared first on LewRockwell.


Source: http://freedombunker.com/2018/09/21/no-more-chrysler-300/


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.