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Ford News

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  • mike189mike189 Posts: 23
    WITH FORD SELLING ASTOM MARTIN FOR CASH I WOULD SAY THEY ARE HURTIN FOR CERTAIN,IF THEY WOULD STOP MAKING JUNK,AND PRODUCE A QUALITITY PRODUCT WITH OUT A RECALL,THEY WOULD SELL CARS BUT THE AMERICAN CONSUMER HAS FINNALY WISENED UP ,THEY ARE BUYING GERMAN,BMWS SELL ,AND NO REBATES THERE,THE ENGINEERING IS THERE ,NO SAFETY RECALLS AND THEY ARE NOT PRUDUCED LIKE FORDS WHERE IT KEEPS PRICES IN LINE SO THE CARS KEEP THEIR VALUE,THEY DONT LOOSE HALF THE PURCHASE PRICE IN 2 YEARS ,AMERICANS HAVE AWAKENED BUT NOT TO THE AMERICAN CAR COMPANIES MAYBE THEY SHOULD BRING THE EDSEL BAKE AND START FROM SCRATCH
  • drfilldrfill Posts: 2,484
    :mad:

    I'm busy painting a bleak picture for The Blue Oval, and here you guys are, tryin' to give them a profit? What's that all about?

    The Ford Flex is just like a Scion xB.

    Without the style or anything nice. :sick:

    DrFill
  • explorerx4explorerx4 Central CTPosts: 9,701
    what did you do, short the stock?
  • bpizzutibpizzuti Posts: 2,743
    They don't have a profit, no. What they have is the POTENTIAL, however. Assuming they do everything right.

    Positives to this point:

    Killing fleet sales
    Improved reliability
    Exciting new models (Fusion, Edge).

    They need to continue that track (A dicey proposition) as well as replace the Focus and Escape (Small cars and compact SUVs are good markets right now). They're trucks are probably OK for now. Might want to consider some sort of police package for the Taurus/500, as the Vic has some serious competition now.

    If they insist on not updating the Focus they should at least throw in an optional AWD system. Makes sense now that their other cars also have optional AWD.
  • drfilldrfill Posts: 2,484
    You haven't see the New Ford Focus?

    Get ready to be impressed:

    http://www.leftlanenews.com/wp-content/plugins/iimage-gallery.php?idpost=4631&id- g=1&idi=1

    Sweet! ;)

    DrFill
  • drfilldrfill Posts: 2,484
    No, I'd never buy Ford stock!

    Looking at the Ford Focus makes me lose my lunch, nor my marbles. :sick:

    DrFill
  • mike189mike189 Posts: 23
    if ford was to make bicycles,they would have a recall because they foregot to put the seats on them but maybe some ford owners would like that................. general motors has their act together ,new caddys are selling and are attractive to the eye,they perform,they handle ,and its gm ,they new lincolns llok like something i left going down a pipe this morning ,,,,,,,,,,,,,again how can you turn a profit, and they say take the challenge ?????? for petes sake the pinto sold better than thses cars
  • cptchetcocptchetco Posts: 32
    Ford lost 12+ Billion; during the same period, GM lost 10+ Billion. The significant difference though is that 9.9 billion of Ford's loss was one time charges for restructuring, while GM's loss was nearly all from operations. GM is selling better, but their operating losses amount to subsidies to the consumer. They are selling their cars for much less than they cost.

    Both companies may end up in the tank. But the loss issue is much more dire for GM than Ford at this point. IF you remember the similar scenerio in the early 80s, Ford pulled out into high profitability for the next 20 years while GM languished the entire 80s and first part of the 90s.

    This doesn't mean their will be a repeat, but its beggining to look like it; with GM putting all its emphasis into sales now, while Ford is revamping the whole corporate sructure.
  • explorerx4explorerx4 Central CTPosts: 9,701
    since the tundra is tanking, pick up another crusade. i get it. :P
  • drfilldrfill Posts: 2,484
    Tundra hasn't tanked, after one month, without CrewMax sales. 13k last month is a solid first month! :)

    But keep hope alive! :blush:

    You want to see tanked, see the Ford Exploder for more information. ;)

    DrFill
  • jd10013jd10013 Posts: 779
    They don't have a profit, no. What they have is the POTENTIAL, however. Assuming they do everything right.

    very well said. Ford is, right now, at a crossroad. the steps they take in the next year or two will deterimin if they survive and prosper, or continue to decline. the problem is, they need some fresh thinking and ideas, and to take some drastic steps. They remind me a lot of Nissan back in '99. At that time, Nissan had lost money in 7 of the past 9 years, were 30 billion in debt (enormous for a company that size), sales had been declining for over 20 years, and of their 130 or so models, only 3 were profitable. Most "experts" had them in bankruptcy court in the next 12 months. So what did they do? sold a 40% stake to renalt and purchased a 15% stake in renault, fired almost all of their exec's, brought in new management and top officers, cut back production to match sales, layed off lots of unnecessary employees's (unheard of in japan), redesigned all their cars, discontinued unprofitable ones, and vastly improved their dealer networks and agrements with suppliers. The results were nothing short of incredible. payed off all their debt, returned to profitablity ahead of schedule, increased sales, profits and market share for 9 years straight.

    There's no reason Ford can't do the same. They just have to be willing to take the steps necessary, and not just take a band-aid approach to things. But thats what Ford (and GM) always seem to do. That, and their inablility to look ahead is what kills them. Durring the '90's, everybody was buying SUV's and trucks. Ford was making HUGE profits off them. So what did ford do? They let all their passenger cars wither on the vine, and surrendered the car marked to toyanda. The same thing happened with the hybrids. to establish a market for them, toyanda sold hybrids at a loss for several years to get production and sales up. Now, there are waiting lists for them, and huge profits to go with that. ford, (at a time it was making record profits), decided to pass and is now 10yrs behind. in hybrid technology. Its that way of doing things, and thinking, that needs to change at Ford.
  • nippononlynippononly SF Bay AreaPosts: 12,691
    kinda quiet in here...have you heard? Per Automotive News today, the last stand-alone Mercury store has finally closed...could this finally be the opening Ford needs to cancel the Mercury brand entirely? Rumors are swirling that '09 may be its last year, or something like that.

    My local Ford dealer, after being a single-brand store for a quarter century, just picked up Lincoln and Mercury to go along with it.

    And Ford had a profitable quarter recently right? They may just turn it around by '09. I believe they have announced they do not expect to be profitable in '08.

    2013 Civic SI, 2009 Outback Sport 5-spd (stick)

  • steverstever Viva Las CrucesPosts: 40,570
    Ford is blowing the doors off. Stock is up 10 or 12% today.

    "In the face of flagging sales, soaring gasoline prices and an increasingly cowed consumer, Ford Motor Co. threw down a first-quarter report card that showed a profit."

    Mulally stuns Wall Street and raises lots of goodwill (MarketWatch)

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  • british_roverbritish_rover Posts: 8,476
    I am so mad I dumped their stock in Feb for about a 5 percent gain. If I had just had a little thicker skin, I could bought in more when it bottomed out in the middle of March.

    The stock is up 24 percent this year while the S&P is down almost 5 percent.

    I just knew it was the wrong move right after I did it but I thought I could put the money into something a little more profitable. When I originally bought into the stock my whole thesis was that Ford would pull out a great quarter and that combined with selling LR/Jag would push the stock much higher towards the summer. I just got bummed out over all the negative economic/automotive news.

    Lesson here is when you believe in your thesis you should stick with it until you uncover some specific news that disproves it.
  • nippononlynippononly SF Bay AreaPosts: 12,691
    were elsewhere in the world of course: Ford lost $45 million in the U.S. It is still claiming it will be profitable in North America in 2009.

    I didn't realize their profit margin was so thin, the $100 million profit was on revenues of like $43 billion or something?

    2013 Civic SI, 2009 Outback Sport 5-spd (stick)

  • british_roverbritish_rover Posts: 8,476
    Yeah thats about right. They only earned 5 cents a share. I would expect some serious profit taking either today or Monday.
  • steverstever Viva Las CrucesPosts: 40,570
    Ok, stolen from the infamous SET Toyota distributor:

    Ford Motor Company Names Ken Czubay Head of U.S. Sales and Marketing

    Guess this means that all new Fords will come with pinstriping, etching and every mop and glow product on the planet. :P

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  • lemkolemko Posts: 15,168
    ...has some rather nice cars in the Taurus and Fusion and a truly awesome car in the Mustang. I cant see why the Taurus doesn't sell better as it looks and feels rather solid and is arguably prettier than the pignosed Camry and the Avalon-wannabe Accord.
  • nippononlynippononly SF Bay AreaPosts: 12,691
    I think Ford's larger-car lineup is having its lunch eaten right now by Chevy.

    But all the cars you mention are essentially 20 mpg cars in town (except Ford Fusion 4-cylinder, and guess which one of these is the only one to show sales increases this year? Yeah, the 4-cyl Fusion), not good at all with the current gas prices.

    And the market for large cars is in severe decline now these last 12 months or more, which has even impacted the Toyota entrant in that segment, the Avalon.

    I know that Ford has already abandoned its goal of being profitable in 2009, but some "industry analysts" are now wondering if it has a future at all, what with the huge monthly cash burn it is now experiencing as a result of sales screeching to a halt. What was it, down 28% in June, 14% for the YTD? Both worse than average for the market, and the only one clearly doing worse than Ford this year (besides little ol' Mitsubishi) is Chrysler. :sick:

    2013 Civic SI, 2009 Outback Sport 5-spd (stick)

  • dtownfbdtownfb Posts: 2,915
    The other shoe that hasn't dropped is the earnings report. Ford, GM and Chrysler still make most of their money on the pickups and SUVs. this quarterly report can't be good. i know back in the late 90s Ford was making at least $9000 on each F-Series sold and about $7000 on each Explorer. The Escort (and subsequent Focus) was built at a small loss and the Taurus was break even. I don't think this has changed especially with the rebates and incentives they offer. (GM and Chrysler are in the same boat). Whereas Toyota and Honda (to a lesser degree Nissan) started with cars and added trucks later. So even though the Tundra is not selling now, it won't hurt Toyota's bottom line because they make money selling Corollas, Yaris and Camry. They won't make $12 billion (or what ever the number is) but they will still operate in the black. Honda does a phenomenal job controlling their production which is why they are always one of the most profitable companies based on cars sold. It helps they do not have to deal with union labor, retirees and pension funds.

    My prediction: Nissan buys Chrysler before the year end. They are planning a lot of collaboration in the near future. Ford continues to shut plants and layoff workers (that is an easy one); Kerkorian makes a push to takeover Ford. I would not be surprised to see Volvo back up for sale. GM is tougher to predict since they do have the cars and research to survive. The big question is whether they will make the big moves necessary to make them profitable (deep six Saturn and move that lineup to Pontiac; close more plants; layoff more workers, etc).
  • steverstever Viva Las CrucesPosts: 40,570
    No one can figure out Kerkorian. He's 90 - does he want to go out owning a car company or what? (he was an officer at Studebaker 50 years ago).

    If he's not careful he'll wind up owning Ford and taking it private. Then what? Let Renault/Nissan buy both it and Chrysler?

    He did make a pile when he made his run at Iacocca's Chrysler.

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  • dtownfbdtownfb Posts: 2,915
    It wouldn't be a bad idea. Cerrebus did it with Chrysler. And Ford has much more going for it then Chrysler ever did. Kerkorian (his company) could raise the capital Ford needs to turn this boat around. Of course the UAW should be very afraid.
  • lemkolemko Posts: 15,168
    If Kerkorian bought Ford, could he get rid of the UAW? The UAW is still at Chrysler despite being bought by Cerberus.

    Heck, I would like to own GM if I had Kerkorian's money!
  • steverstever Viva Las CrucesPosts: 40,570
    Well, my mom is 86 and she's still sharp as a tack, so maybe Kerkorian has a trick up his sleeve yet. Beats sitting around watching TV I guess. But geeze, he's down 33% on the shares he's picked up in the last few months.

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  • nippononlynippononly SF Bay AreaPosts: 12,691
    If Ford is still selling Foci at a loss and only breaking even on Fusion and Taurus, then they have as good as had it. They have nothing that will boost sales in the car realm coming to the market in less than 24 months.

    2013 Civic SI, 2009 Outback Sport 5-spd (stick)

  • savethelandsavetheland Posts: 671
    How in the world Ford cannot make profit on Focus? It is not possible. Ford did not change Focus for 10 years, not a dime spent on development/prodcution. Wasn't making profit a point of not bringing Euro Focus to USA? They should make a tons of $$ of Focus.
  • nippononlynippononly SF Bay AreaPosts: 12,691
    Yeah, that's what I would have thought too, but apparently not according to the post I was responding to. :confuse:

    2013 Civic SI, 2009 Outback Sport 5-spd (stick)

  • dtownfbdtownfb Posts: 2,915
    My comment about the Escort and Focus was based on the late 1990s, not today. But my guess is the Focus does not make Ford a lot of money. There were always incentives on this vehicles. they did this to move the vehicles but also to maintain CAFE standards. When you sell 900,000 pickup trucks a year at a huge margin, you can afford to only break even with your cars. The current generation is different but small cars don't make a ton of money which is why their markup is generally small.

    My biggest pet peeve with the domestics is they spent so much time and money on the pickups and SUVs in the 90's and gave us humdrum cars while the better cars were over in Europe. And they wonder how Toyota, Honda, Nissan etc. caught up and why people prefer their cars. You make your decisions and now you have to live with it.
  • savethelandsavetheland Posts: 671
    Still Toyota makes Corolla in California with "help" from UAW workers and somehow manages to make record profits. Toyota is on the same market with same CAFE rules. What makes Ford so special that it cannot make monay selling cars? Everybody else somehow manage to make money - Nissan, Honda, GM, Toyota.
  • grbeckgrbeck Posts: 2,361
    Ford is making money on the Focus. Transaction prices are up for the new model, and sales to fleet customers are down. One figure I've seen has retail sales at over 90 percent of total sales. Ford isn't making Super Duty-size profits on the Focus, but the car is profitable.

    Ford also makes money on the Fusion. Basing production in Mexico helps in this regard.
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