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Sariandan

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Gotcha.

I've been curious myself as to what would happen. Thanks.
I'm still waiting for someone to test the putting in reverse while driving 70 thing on our truck. I really want to try it but with my luck, that line of code in the tcu will be a decontented item.
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AzScorpion

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I'm still waiting for someone to test the putting in reverse while driving 70 thing on our truck. I really want to try it but with my luck, that line of code in the tcu will be a decontented item.
Go for it! It'll work and won't hurt anything but you gotta have the stones to do it. Don't worry I don't either. lol
 

halligan1201

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Today I got a weird message on Sync3 saying “Data collection service enabled….” Not kidding, never saw that before. Okay officially spooky..
I got that the other day. Acted like it had never connected to my phone before. I have an Android.
 

canyonslicker

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There are a few instances where the app was causing a few Maverick hybrids severe 12V battery drain problems before the update. Maybe that fix broke other things.
 


Venom_z89

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I think there are a lot of people, both on the political side and the motor company side that would like to do just that, transportation as a subscription service. :(
toyota is toying with the idea. they want to make monthly subscriptions to use features that the car comes with ie remote start and other features.
 

Venom_z89

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Did you recently park next to a Hyundai with a Theta II engine that have a propensity to seize without warning ? Like covid and monkey pox your engine may have contracted the disease, spread via airborne exhaust droplets.
shhhhh I don't want to install a face mask on my ranger every time we go out

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deleriumtremor

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toyota is toying with the idea. they want to make monthly subscriptions to use features that the car comes with ie remote start and other features.
I am pretty sure there are more than one thing driving the craze in the global corporate world toward subscription revenue, versus one and done product sales revenue, but for sure, at least today, companies get a higher valuation on their stock as their recurring revenue goes up.

Once I got retired, I started paying more attention to stocks and bonds and there is no doubt in my mind about this motivation to get services (i.e. monthly subscription revenues) growing.

A number of years ago Apple announced to their investors and Wall Street that they would be focusing on services revenue and deemphasizing hardware sales revenue, Wall Street just loved the idea. Apple went so far as to quit reporting hardware sales numbers in their quarterly reports (I was thinking no way will the institutional investors let them get away with that). Much to my surprise (and not surprising at all to Wall Street obviously), everyone loved the idea. So much so that Apple’s Price/Earnings ratio doubled in like 18 months. During that time (starting like maybe 3 years ago),profits grew like 10% and the stock price doubled.

Not an expert, so I am sure there are a lot of prior examples of this strategy working, but in Apple’s case during that time, they became the most valuable company in the world (based on market capitalization).

So now, every company that makes products is mad for becoming a “services” or subscription model company.

I have read some other ideas like the insurability of autonomous driving cars that likely is motivating the motor companies in this direction, but whatever the other reasons, higher stock price seems to be the big one.

Sorry for the TMI. :(
 
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Progeny2021

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Bob902

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RedlandRanger

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I am pretty sure there are more than one thing driving the craze in the global corporate world toward subscription revenue, versus one and done product sales revenue, but for sure, at least today, companies get a higher valuation on their stock as their recurring revenue goes up.

Once I got retired, I started paying more attention to stocks and bonds and there is no doubt in my mind about this motivation to get services (i.e. monthly subscription revenues) growing.

A number of years ago Apple announced to their investors and Wall Street that they would be focusing on services revenue and deemphasizing hardware sales revenue, Wall Street just loved the idea. Apple went so far as to quit reporting hardware sales numbers in their quarterly reports (I was thinking no way will the institutional investors let them get away with that). Much to my surprise (and not surprising at all to Wall Street obviously), everyone loved the idea. So much so that Apple’s Price/Earnings ratio doubled in like 18 months. During that time (starting like maybe 3 years ago),profits grew like 10% and the stock price doubled.

Not an expert, so I am sure there are a lot of prior examples of this strategy working, but in Apple’s case during that time, they became the most valuable company in the world (based on market capitalization).

So now, every company that makes products is mad for becoming a “services” or subscription model company.

I have read some other ideas like the insurability of autonomous driving cars that likely is motivating the motor companies in this direction, but whatever the other reasons, higher stock price seems to be the big one.

Sorry for the TMI. :(
Subscriptions are the "gift the keeps on giving", which is why companies love them - even if the company isn't really doing much to earn the subscription. It is one of the big reasons I don't want an office 365 subscription - I don't really care about any of the new features in office - The version I have has everything I want/need - I don't need to pay every month for crap I don't want, and yet at some point it will most likely not be an option. As much as some people don't want to admit it, at some point, most software can be considered "done" and the only updates that would be needed would be to remediate security issues - but we live in a "new, shiny" world where software companies have to deliver SOMETHING to justify the monthly subscription.

There are a few upsides to the subscription model but it requires more active "management" by the consumer. I know people who only subscribe to streaming services for a month or two to binge watch whatever series they like from that service - once they are done, they drop the subscription and move on to the next. Very different than the old cable world.

I have to laugh when I read people think we are going to have autonomous cars anytime soon - I think we are a LONG ways off from truly autonomous cars.
 

deleriumtremor

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There was a big long thread about the heated seats subscription idea.

Of which I contributed to blowing up with a mindless hijack. :(

I have been mulling the idea of starting up a program, maybe like AA, call it Hijacker Anonymous?

My name is Bill and I am a thread hijacker….:blush:
 

Progeny2021

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Sure have
Sure have
Please accept my apologies.
There was a big long thread about the heated seats subscription idea.

Of which I contributed to blowing up with a mindless hijack. :(

I have been mulling the idea of starting up a program, maybe like AA, call it Hijacker Anonymous?

My name is Bill and I am a thread hijacker….:blush:
My last thread to allpar.com was the tendered topic(s) as they had just appeared on Zerohedge. I was immediately banned for 'politics' and 'threats'. Still laughing. Apologizing for the duplicate posting.
 

Bob902

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Please accept my apologies.


My last thread to allpar.com was the tendered topic(s) as they had just appeared on Zerohedge. I was immediately banned for 'politics' and 'threats'. Still laughing. Apologizing for the duplicate posting.

No worries!!!
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