Suncor Energy Inc T.SU

Alternate Symbol(s): SU

Energy Oil & Gas Integrated

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.

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Suncor Energy Inc > Who makes the most reliable new cars?

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Comment by mrbbon Dec 12, 2023 4:02pm

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Post# 35780710

RE:RE:Who makes the most reliable new cars?

Experienced wrote: mrbb...while we are quoting CR data..here is another report you might want to look at it and criticize..

.https://advocacy.consumerreports.org/wp-content/uploads/2020/10/EV-Ownership-Cost-Final-Report-1.pdf

i doubt your read the 2020 study, likely you just read the conclusion.
There are marked difference between the CR study of 2020 and the Nov 29, 2023 study

Here is my interpretation:

CR 2020 report only studied only 2019 ICE and EV variety model year

- the 2020 study only looked at the day to day running cost, hence, the studied cars have no out of warranty cost nor include non billiable cost like naggy small issues that required owners to take their car back to dealer for no-cost fix. IE, cost of owner time

The 2023 CR study is a newer study and cover over +330,000 vehicles and a wider spectrum of car issues from naggy to big out of warranty battery replacement

Every year CR asks its members about problems they’ve had with their vehicles in the previous 12 months. This year we gathered data on over 330,000 vehicles, from the 2000 to 2023 model years, with a few early-introduced 2024 model years.

We study 20 trouble areas, from nuisances—such as squeaky brakes and broken interior trim—to major bummers, such as potentially expensive out-of-warranty engine, transmission, EV battery, and EV charging problems. We use that information to give reliability ratings for every major mainstream model.

Since it is difficult to have cost data relating to owner's naggy problem to their major out of warranty cost, the CR 2023 study instead reported problem count without associated cost statistics. However, it is a common sense to correlate the size of car problem count to the size of cost to fix those problems

i have already posted a case where the ioniq EV owner was quoted a out of warranty battery replacement cost of 50k CAD while a brand new ioniq EV only cost 50-55k. I have also posted many situation where the city idled their out of warranty EV buses because it would cost too much to fix them. Yes, cost of owning a EV is sweet when it's within warranty.

The studies also excluded comparison with used cars. There are lots of good used ICE can be had for under 15k CAD. A mechanical astute person could even find a very good used ICE for <5k. A 5k used car or a 20-30k CAD used EV and it won't be a tesla, you do the math. No astute home mechanic can diagnose the condition of an used EV unless a buyer willing to chalk out > $5000 for a pre sale inspection.