Ford News
I recall that Ford "Way Forward" Plan stated that the company would be profitable by 08, but as a hard-core Ford guy myself I don’t see that happening, because I have seen what Ford showed at the NAIAS, and I have to say I was not impressed.. There were a few good concepts like the Lincoln MKR and the Ford Interceptor. The 500 and Focus were disappointing. Let me know what you guys think.
Tagged:
0
Comments
I honestly think it will at least take until 2009' to see a turn around. I don't see the product out right now to have such a turn around by 08' IMHO. I honestly can't believe Ford, isn't going to focus on another Taurus to help speed up that turnaround. GM, made a camcord fighter with the current Aura/Malibu but where's Fords ? The fusion IMHO isn't the answer. Ford, needs another awesome FWD car and the Taurus name has recognition and once was the best selling car in america. Oh well their loss is GM's gain !
Rocky
I wouldn't go that far... :surprise:
Rocky
http://www.edmunds.com/insideline/do/News/articleId=119319
Rocky
P.S scape2, The UAW isn't going down. They are going to loosen up their work rules to allow more flexibility. This has already happened at a few plants already where the company wanted to expand at the plant but they would on only one condition and that was to redo the work rules at the plant.
Rocky
MODERATOR /ADMINISTRATOR
Find me at kirstie_h@edmunds.com - or send a private message by clicking on my name.
2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
Review your vehicle
MODERATOR /ADMINISTRATOR
Find me at kirstie_h@edmunds.com - or send a private message by clicking on my name.
2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
Review your vehicle
I generally think the Fusion is on the right track but is only a solid single when they need a home run.
I hope to see Ford turn on a dime. Lord knows GM isn't doing it.
Rocky
P.S. Wow, bonuses for a few of the priveledge while everyone else faces major sacrifice. Welcome to corporate america :sick:
Rocky
Holy-cow !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Odie, we might be signing rookie arena league players next year at NFL league mininums :surprise:
Rocky
Weak sales of its key pickup trucks in the quarter and $9.9 billion in after-tax charges due to employee buyouts and plant closing plans resulted in $12.7 billion loss for 2006.
http://money.cnn.com/2007/01/25/news/companies/ford_2006_loss/index.htm?cnn=yes
Interesting to read the details though.
- Europe Profitable
- SA Profitable
- Mazda Profitable
- Asia/Africa almost profitable
- PAG would be profitable if not for the anchor that is Jaguar not sure what is going to happen with that
- NA HUGE LOSS
Without going into more detail then that it seems like it would make sense to run North American operations more like European operations...
It seems like Ford is planning to do that so lets see if the actually do.
If ford can't get the overall opperations into a near even position this year with moderate losses in North America then they will be in trouble.
Ford is in huge trouble. This thing will escalate. It will probably only be profitable at a third of its current size. Who's gonna just throw money down the Ford black hole?
The company will end up being like Sears. Their assets are largely unrelated to their core business.
Yet another good reason to keep domestic manufacturing on our shores, not overseas or across the border.
Pointing to the current losses and saying it's over for the company is shortsighted, the same shortsightedness for which domestic auto companies themselves have been justly criticized.
It is almost like they're trying to screw up! No new ideas, except the concept of bonuses for doing nothing - yeah, that's a winner!
What is that car over in Europe that's a hot seller?... Ford keeps making excuses as to why they can't do that here. I had a friend laughing so hard, I exclaimed that at this point, they should bring back the Ranchero - at least it would be something different! He actually thought about it, and said it wasn't a bad idea.... Population is getting older and he has often wished his pick-up bed wasn't so high....
BRING BACK THE RANCHERO YOU TWITS!
Look at the Ford stock price it did not drop with the news of the loss.
In fact it actually finished yesterday at about even.
http://bigcharts.marketwatch.com/interchart/interchart.asp?symb=F&time=7
Not sure if that chart will pop up but you can try it.
Yesterday it opened at 8.15 and closed at 8.22.
Looks to me like the market had already taken into account the loss.
Heaven forbid that vehicle should ever be sold here. Add another vehicle to the list of "Why doesn't Ford sell this here!"...... Morons.
I don't follow the trades, does this have any chance at all in America? I think the kids (as well as their grandfathers) would love it!
I would say that pretty much illustrates some analysts did a double take.
The stock can do anything it wants.... historically that happens all the time.... go ahead and invest.
I certainly wouldn't expect what we see on the national nightly news to accurately reflect what the professional analysts were or were not expecting.
Lets take an example, look at the all new 2008 Focus! Come on guys, don't we have talented people in America. Compare it with the Europe version of the Ford Focus...sigh! Oh, how about that new Mondeo briefly showed up in the latest Bond movie, Casino Royale? It's sexy and attractive. You do the pick, drive the 500 or that suped up Mondeo!
My family once had 3 cars from Ford, they are just disappointing. We will never go back to Ford unless we see new changes.
How about bringing in some European models like?
Mondeo (vs the 500 in US)
S-Max (vs the current Focus wagon in US)
Focus (vs the 2008 Focus in US)
Focus ST (vs the 2008 Focus in US)
Galaxy (vs the Freestarin US)
Europe has less line ups, sell less cars but more profitable.
Something really wrong inside of Ford. :sick: I hope Mulally can do something about it. Heard he studied what Toyota did when he was with Boeing back then.
More info: www.ford.co.uk or any other sites that features Ford outside of U.S.
The world is changing and Ford thought Americans are still living with phone lines and local broadcasting only! :sick:
Ford's stock price held steady for the most part therefore the price of the stock had already dropped enough to take into account the poor earnings reports.
http://www.edmunds.com/insideline/do/News/articleId=119386
Rocky
http://www.edmunds.com/insideline/do/News/articleId=119405
Rocky
BRING BACK THE RANCHERO!
Rocky
http://www.detroitnews.com/apps/pbcs.dll/article?AID=/20070126/AUTO01/701260393/- 1148/AUTO01
Rocky
Rocky
Rocky
http://www.detroitnews.com/apps/pbcs.dll/article?AID=/20070201/AUTO01/702010351/- 1148
Rocky
P.S. Man Ford, is ill at the momment. :surprise:
The question was raised on ABC whether USA needed an automotive industry in today's world. Attracting, training, and retaining domestic engineering talent is one reason we need an auto industry.