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THE Ford Motor Company Thread (merged)

What's on your mind?
General interest discussions, not necessarily related to depletion.

Re: Ford hit by record $12.7bn losses

Unread postby FairMaiden » Thu 25 Jan 2007, 13:57:49

$this->bbcode_second_pass_quote('', ' ')They won't sell me the one I want. I've tried hard.


I had the same problem with Honda. I wanted a hybrid Civic and all the dealerships I went to said they didn't carry it. Tho the posters for it were on the walls! I asked how much it costs and they just repeated they didn't have a model in. I said, "I know that. But if I wanted one, how much would it cost and could I order one?" And I just got the same answer, "they dont' have any of those models on the lot." So I left. Its not the first time I tried to buy a civic, another time the guy kept trying to get me to lease it even though I told him I didn't want to.

They continue to want to sell us what THEY want and not what we want. Why they can't get it thru their thick skulls that we want fuel efficient and hybrid vehicles is BEYOND me...
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Re: Ford hit by record $12.7bn losses

Unread postby MOCKBA » Thu 25 Jan 2007, 14:18:01

Some people did calculations and last year Ford losses comes to $24,163 a MINUTE and about $2000 on every car they made...

I read 2007 outlook and Ford's own prediction - it would be worse.

BTW, Ford is not going out of business. This just illustrates how hard it is to "get off the needle".
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Re: Ford hit by record $12.7bn losses

Unread postby TreebeardsUncle » Thu 25 Jan 2007, 15:04:18

Hi.
Was just reading the responses to a similar article on msnbc online
(http://www.msnbc.msn.com/id/16804725/):

Ford posts deepest loss in its 103-year history
Slumping sales, big restructuring costs lead to $12.7 billion loss for 2006

DEARBORN, Mich. - Ford Motor Co. lost $5.8 billion in the fourth quarter amid slumping sales and huge restructuring costs, pushing the fabled automaker’s deficit for the year to $12.7 billion, the largest in its 103-year history.

There were not only a lot of folks who complained about the poor reliability of Fix Or Repair Dayiy Cars but also a number who were turned off by Ford's association with gays etc.

There has been a big move lately to stick people with oversized suvs, and huge new houses while making it impossible to declare bankruptcy.

Incidentally I got a volvo I wanted over at Honda Acura in Fairfield, a 2001 S40 with 30,900 miles on it.

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Re: Ford hit by record $12.7bn losses

Unread postby Cabrone » Thu 25 Jan 2007, 15:16:16

I drive a Ford Escort estate and I get 41mpg out of it so I know that they can make cars that are economical. I don't know if performance like this is restricted to european markets but if it is then it's high time they rolled it out to the US too.
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Re: Ford hit by record $12.7bn losses

Unread postby Armageddon » Thu 25 Jan 2007, 15:23:59

I drive a ford escape. A mini suv that gets near 25 mpg. I love the little thing. It's a 4 cyl. My daughter plays select soccer, so we drive alot. We always take the escape instead of the wifes mini van. A little less confortable, but better gas mileage. Its worth the trade off.
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Re: Ford hit by record $12.7bn losses

Unread postby cube » Thu 25 Jan 2007, 16:11:12

$this->bbcode_second_pass_quote('MOCKBA', 'S')ome people did calculations and last year Ford losses comes to $24,163 a MINUTE and about $2000 on every car they made...

I read 2007 outlook and Ford's own prediction - it would be worse.

BTW, Ford is not going out of business. This just illustrates how hard it is to "get off the needle".
I forgot who said this on peakoil.com

"A company can survive indefinitely without making a profit so long as it has cash flow." LMAO :lol:

here's a good example Tullys

Much to the dismay of environmentalists there is actually still a decent amount of demand for SUV's. Maybe not as much as when crude was floating under $15 / barrel during the 90's but still enough of a demand to support an industry. Ford can survive simply by cutting back on production capacity so it equals the market demand. This would return Ford to profitability. Granted they might never be able to pay back that $12 billion loss but who cares?

Yahoo makes a profit now but will it ever pay back the total sum of ALL money that went into creating it? Woes to those who think the stock market is a game of mutual benefits. 8)
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Re: Ford hit by record $12.7bn losses

Unread postby TommyJefferson » Thu 25 Jan 2007, 16:31:08

$this->bbcode_second_pass_quote('TreebeardsUncle', 'T')here has been a big move lately to stick people with oversized suvs, and huge new houses


Nobody came to my home with a gun and tried to "stick" me with those things.
Conform . Consume . Obey .
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Re: Ford hit by record $12.7bn losses

Unread postby firestarter » Thu 25 Jan 2007, 16:35:30

$this->bbcode_second_pass_quote('TommyJefferson', '')$this->bbcode_second_pass_quote('TreebeardsUncle', 'T')here has been a big move lately to stick people with oversized suvs, and huge new houses


Nobody came to my home with a gun and tried to "stick" me with those things.




:lol:
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Re: Ford hit by record $12.7bn losses

Unread postby MOCKBA » Thu 25 Jan 2007, 16:43:39

$this->bbcode_second_pass_quote('cube', '
')Much to the dismay of environmentalists there is actually still a decent amount of demand for SUV's.

That's right. I, for one, after couple years at peakoil.com would be buying an SUV (probably even Ford and I do hate those things but sometimes they are very practical) to replace/suplement my 30 mpg BMW once the oil pass $100.
$this->bbcode_second_pass_quote('cube', '
')Maybe not as much as when crude was floating under $15 / barrel during the 90's but still enough of a demand to support an industry.

Where car manufactures went wrong was.... they assumed that by now everybody would be upgrading from Escalade to H2 for dayly commute... Didn't quite worked out this way, but it doesn't mean that americans would stop buying SUV. Americans are very rich and could very well afford SUV+motorcycle/bycicle/econobox/etc. Start packaging them in pairs and you would move those SUVs even with gas over $4 a gallon :) You may even call it a Hybrid :p
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Re: Ford hit by record $12.7bn losses

Unread postby Pablo2079 » Thu 25 Jan 2007, 16:49:55

$this->bbcode_second_pass_quote('', 'F')ord can survive simply by cutting back on production capacity so it equals the market demand. This would return Ford to profitability.


I agree with this... however, I think it's smart for them to start bringing in their models from Europe, build more economical cars in North America and not rely so heavily on trucks and SUVs.

I've read that they might bring in the European and Australian models under the Mercury brand. That would make sense to me, and leave most of the Ford branded models as trucks, large sedans, SUVs, Vans and the Mustang.

I don't think there is much opinion either way in the public's mind as to what a Mercury is anymore. It's pretty much neutral ground to work with.....
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Re: Ford hit by record $12.7bn losses

Unread postby Longsword » Thu 25 Jan 2007, 17:07:32

What amazes me is that their share price was not whacked to kingdom come. Evidently the belief of the City Boyz is that Ford will soon pull through -probably by selling a 100-ton new SUV that gets 1mp110g.

Stock market never ceases to amaze me. 12.7 billion seems like such a terrifying sum, especially since it seems Ford has big debt already...
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Re: Ford hit by record $12.7bn losses

Unread postby Pablo2079 » Thu 25 Jan 2007, 17:18:02

I read that they had about 29 billion in the bank last year..... still, a scary loss though (amount and percentage).

I believe this was already expected by the stock market and reflected in the price. They provided a huge number of buyouts to employees last year and closed a few plants. There have to be huge costs associated with both endevours.
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Re: Ford hit by record $12.7bn losses

Unread postby Longsword » Thu 25 Jan 2007, 17:29:55

$this->bbcode_second_pass_quote('Pablo2079', 'I') read that they had about 29 billion in the bank last year..... still, a scary loss though (amount and percentage).


You are right, even after this they have 15 billion in the bank, I did not note the "-" in front of the net debt:

http://uk.finance.yahoo.com/q?s=F

Ah well, since they have the cash, they can just carry on as before I guess, based on the reactions the PO members have had in the Ford Dealerships.
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Re: Ford hit by record $12.7bn losses

Unread postby Revi » Thu 25 Jan 2007, 22:16:17

Ford can make cars that people want, but they just don't sell them. The escape hybrid is a wonderful car. You get everything, 4wd, decent mileage, space for 5, a fold down back seat, trailer up to 2000 lbs. The only problem is that they make so few of the good cars that their lots are clogged with gas guzzlers. The dealers only make about $150 on the Ranger pickup I want, whereas they make thousands off of the latest version of the Excursion. That tells me that the one I want is a much better deal for me, and not as good for the car dealer. I'm not buying anything now, I'm so disgusted. They lost me for good. I might have bought a treehugger truck, and then come back and bought an Escape hybrid. They treated me so badly, that now I'm not buying any car from them.
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Re: Ford hit by record $12.7bn losses

Unread postby MOCKBA » Thu 25 Jan 2007, 22:22:33

$this->bbcode_second_pass_quote('Revi', 'I')'m so disgusted. They lost me for good. I might have bought a treehugger truck, and then come back and bought an Escape hybrid. They treated me so badly, that now I'm not buying any car from them.


There should be a dealer around next corner. May be he would be more willing... If not, there is always next town, next county, next state, next country, next continent... here it ends unfortunatelly :)
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Re: Ford hit by record $12.7bn losses

Unread postby Revi » Thu 25 Jan 2007, 22:28:06

There is a dealer about 100 miles away that had the truck I want, but I missed it. I have time, and I'll look around for it. I am glad that they talked me out of buying new. I really don't have the money for it anyway. We decided that every time we replace anything it has to be more energy efficient than what we had. The only little pickup that gets more than what I have is the 2wd Ranger with a standard shift, made from 2001 on. So I'll keep looking. Maybe a Mazda...
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Re: Ford hit by record $12.7bn losses

Unread postby midnight-gamer » Fri 26 Jan 2007, 00:00:31

Revi,

I don't know how far up in Maine you live. Portsmouth Ford, in NH has always treated me very well. I would try that, or maybe it's possible to place a order directly from the manufacuter. If the get the run around, a well written letter to Ford may help. What you are dealing with is sales people, who are getting crunched in a shrinking industry. Profit is many times placed before integrity. :(
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Re: Ford hit by record $12.7bn losses

Unread postby dukey » Fri 26 Jan 2007, 00:15:30

$this->bbcode_second_pass_quote('', '"')A company can survive indefinitely without making a profit so long as it has cash flow."


bingo.

Ford are trying desperately to make a come back. I think they have turned just about everything into cash. Someone made a good point about european cars. Here in uk .. they sell quite a few fuel efficient models. The ford Ka is really popular here. Doubt ford sell anything even remotely similar to that in the states. What people want is average cars, not SUVs or sports cars.
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Re: Ford hit by record $12.7bn losses

Unread postby MOCKBA » Fri 26 Jan 2007, 00:45:05

$this->bbcode_second_pass_quote('midnight-gamer', 'W')hat you are dealing with is sales people, who are getting crunched in a shrinking industry. Profit is many times placed before integrity. :(


This very well summarize the situation. If only Ford would know what is going on in the field, but hey this is Ford's fault of not knowing, hense the losses.

Call me naive, but I was convinced by that Bill Ford guy... that is untill he stepped down, but even that I could understand though it does leave a sour aftertaste... Let's hope Ford still would be a champion of progress... After all Ford is the only US automaker doing true hybrids and otherwise moving forward (alas in an akward way)
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Re: Ford hit by record $12.7bn losses

Unread postby max_power29 » Fri 26 Jan 2007, 04:26:40

$this->bbcode_second_pass_quote('midnight-gamer', 'R')evi,
or maybe it's possible to place a order directly from the manufacuter.


Did you know their is actually a law in the united states that makes buying from the manufacturer illegal? Free market my ASS!
"You think you live in the land of the free. whover told you that is your enemy!"- Rage against the machine

I susppect this is one big reason why we get such crappy service/deals from dealerships and why other countries have better cars always available.
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