Domain: tiger-web1.srvr.media3.us Ford taking it in the shorts | Political Talk
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Ford taking it in the shorts

Posted on 7/25/24 at 1:04 pm
Posted by Night Vision
Member since Feb 2018
19997 posts
Posted on 7/25/24 at 1:04 pm
Posted by ItzMe1972
Member since Dec 2013
12363 posts
Posted on 7/25/24 at 1:06 pm to
Loss of Green $$$
Posted by scrooster
Resident Ethicist
Member since Jul 2012
42538 posts
Posted on 7/25/24 at 1:06 pm to
This too shall pass.

Once they get past the warranty issues - they've learned their lesson.

Buy at $13.00 and then hold on for the ride ... especially if you're younger.
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 7/25/24 at 1:08 pm to
They're looking to increase their hybrid offerings, following GM's lead in stepping back from full electric.
Posted by Night Vision
Member since Feb 2018
19997 posts
Posted on 7/25/24 at 1:09 pm to
They'll be looking for a bailout if the dims stay in charge.
Posted by LNCHBOX
70448
Member since Jun 2009
88760 posts
Posted on 7/25/24 at 1:09 pm to
quote:

They're looking to increase their hybrid offerings, following GM's lead in stepping back from full electric.


Ford has had more mainstream hybrid offerings long before GM did. Fusion, Escape, etc,
Posted by scrooster
Resident Ethicist
Member since Jul 2012
42538 posts
Posted on 7/25/24 at 1:13 pm to
quote:

They're looking to increase their hybrid offerings, following GM's lead in stepping back from full electric.

Exactly but they're still going to take a hit covering warranties on the EVs already on the road for the next two years.

They'll do fine in the hybrid market but their bread and butter, at least for now, is going to be their trucks and midsize gas powered models. It's what their loyal customers want and are willing to buy.
Posted by Upperaltiger06
North Alabama
Member since Feb 2012
4221 posts
Posted on 7/25/24 at 1:15 pm to
Fords quality has been declining immensely over the past two decades. Started with the turbocharging/ecoboost. It’s so bad it appears to be built in obsolescence. During Covid they raped their customers on prices and now they are holding parking lots full of cars they can’t sell because folks are so underwater on their previous purchases and they have squandered money on green investments people do not want.

This was easily predictable.
Posted by BHTiger
Charleston
Member since Dec 2017
8765 posts
Posted on 7/25/24 at 1:20 pm to
quote:

During Covid they raped their customers on prices and now they are holding parking lots full of cars they can’t sell because folks are so underwater on their previous purchases and they have squandered money on green investments people do not want.


What car company didn't? Most had add on charge into 2024
Posted by Macfly
BR & DS
Member since Jan 2016
10181 posts
Posted on 7/25/24 at 1:22 pm to
The recent recalls on their ICE's hurt their bottom line.
Posted by TigerSprings
Southeast LA
Member since Jan 2019
2400 posts
Posted on 7/25/24 at 1:27 pm to
quote:

They'll be looking for a bailout if the dims stay in charge.


They didn't in 2008.
Posted by Green Chili Tiger
Lurking the Tin Foil Hat Board
Member since Jul 2009
50637 posts
Posted on 7/25/24 at 1:28 pm to
quote:

Earnings dropped 35%


If they dropped another 10%, they would be in Tesla territory.
Posted by OU Guy
Member since Feb 2022
26135 posts
Posted on 7/25/24 at 1:47 pm to
$GM to delay opening of EV truck plant in Michigan by 6 months, to Mid-2026 --WSJ

$GM also pushes back release of first Buick EV, which had been planned for 2024

$GM says delays in EV projects are an effort to adjust to consumer demand

Porsche downplaying EVs too

They all see the writing on the wall that people wanted Tesla’s not EVs


Battery cars are just souped up ultra expensive golf carts

The top 10% all bought one to look cool & hip & woke because they have private homes to plug in car each night in private garage / parking lot

The rest of America lives in apartments in big cities without access to EV chargers near their cars or is in bottom 50% who laughs at price tags of battery cars they can't plug in each night anyway

Musk will continue to sell cars but its not $TSLA growth story anymore and $F won't be the only one canceling EV factories


Posted by rebelrouser
Columbia, SC
Member since Feb 2013
12992 posts
Posted on 7/25/24 at 1:51 pm to
quote:

They're looking to increase their hybrid offerings, following GM's lead in stepping back from full electric.


They ridiculed the Toyota guy for going into hybrids. Who is laughing now?
Posted by Victor R Franko
Member since Dec 2021
2713 posts
Posted on 7/25/24 at 2:01 pm to
What's with the "$" in front of the ticker symbol? Meaning?
Posted by dgnx6
Member since Feb 2006
87280 posts
Posted on 7/25/24 at 2:03 pm to
quote:

They're looking to increase their hybrid offerings


this should have been the play all along, but you know, government.




Posted by UtahGetMeTwo
Member since Jul 2024
264 posts
Posted on 7/25/24 at 2:05 pm to
quote:

This too shall pass.

Once they get past the warranty issues - they've learned their lesson.

Buy at $13.00 and then hold on for the ride ... especially if you're younger.


It could easily go to $2-$5 bucks. That's when you buy and hold all you want, can't lose money.
Posted by LegalEazyE
Madison, Wisconsin
Member since Nov 2023
6292 posts
Posted on 7/25/24 at 2:13 pm to
Weird... It's almost like millions of us saw this coming? How were we so much smarter than the business barons at Ford Motor Company? It was blatant virtue signaling and ESG pandering... No doubt with some pressure from BlackRock.

They probably did not anticipate as negative a hit but they had to take a hit now via their pandering for investment security through BlackRock in the long-term. Just BlackRock "forcing behaviors."

Sad.
Posted by Fat Bastard
alter hunter
Member since Mar 2009
89966 posts
Posted on 7/25/24 at 2:14 pm to
(no message)
This post was edited on 7/25/24 at 3:10 pm
Posted by bamacoullion
Fayette, Alabama
Member since Oct 2008
2660 posts
Posted on 7/25/24 at 2:26 pm to
Anybody the designs a rubber oil pump drive belt INSIDE the engine deserves what they are getting.
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