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Ford is in trouble!

akiraproject24

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jmrtsus

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Still waiting for all this doomsday post disaster, Ford is and always will be an American company. The sell Fords worldwide. No crazy, still doing fine. They have the best selling pick-up in U.S. history and the best selling sports car in the world. And they are a performance/racing car company that had 3 mundane makes as Focus, Focus RS and Fiesta ST made Motor Trend's list of top 30 cars in the past 30 years 2 days ago. Does not sound like Ford is in trouble, LOL!

FYI, the Fiesta was the best selling car of all time in the UK, followed in 2nd place by the Escort and 4th with the Cortina. That is 1,2,and 4 in sales history in the UK. My niece live in Wales and drive a Fiesta. Ford owns the UK market.

From https://www.autoexpress.co.uk/best-cars/87993/uks-most-popular-cars-of-all-time
 


Dpro

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I did not see a doomsday scenario in that news article .

I did see a lot of truth about what’s going on at Ford right now. Ford is attempting to switch nearly 90% of its platform to EV with profits by 2026. It took Tesla 10 years of making EV’s before they showed a profit and the majors are expecting to be profitable in 2 and a quarter years?

I do believe Ford has bungled this transition and have huge expenditures. They should be focusing on Hybrids in the interim and the only really hybrid they have is the Maverick mini truck and they can’t make enough of them.

I do see rough roads ahead on their current course and believe Farley and company has acted hastily in trying to make the jump. Could it undo the company I don’t know could it bring the company to bad times sure. The stock is just terrible as well talk about underperforming and not getting a break.

The fact that my 2018 Fiesta ST’s front passenger door is already obsolete does not instill a lot of confidence in me about Ford overall though.

They are making major mistakes and they are disregarding the customers in that sense. It’s only been 4 years since the line has been discontinued and the already don’t have more basic replacement parts stockpiled for the aftermarket. If it was Toyota or Nissan , Honda etc… those doors would be readily available .

This is also a lot why though I like the Maverick and love my FiST I am looking at the exit doors apprehensively. To put it this way and quote what my friend said in a conversation yesterday , we are not in our teens anymore and willing to scramble around junk yards looking for parts.

If you wonder why I am eyeballing other platforms a lot of above helped . So in that sense Ford is in trouble they are scaring customers away at record rates. It’s really funny a lot of GR Corolla owners are ex FiST , FoST and FoRS owners.
A lot of them are really happy to be away from Ford and driving a Toyota.
 


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rallytaff

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Thread Starter #5
Still waiting for all this doomsday post disaster, Ford is and always will be an American company. The sell Fords worldwide. No crazy, still doing fine. They have the best selling pick-up in U.S. history and the best selling sports car in the world. And they are a performance/racing car company that had 3 mundane makes as Focus, Focus RS and Fiesta ST made Motor Trend's list of top 30 cars in the past 30 years 2 days ago. Does not sound like Ford is in trouble, LOL!

FYI, the Fiesta was the best selling car of all time in the UK, followed in 2nd place by the Escort and 4th with the Cortina. That is 1,2,and 4 in sales history in the UK. My niece live in Wales and drive a Fiesta. Ford owns the UK market.

From https://www.autoexpress.co.uk/best-cars/87993/uks-most-popular-cars-of-all-time
Fiestas is one of the most stolen cars in the UK according to the media. My sister-in-law also in Wales has one too.
 


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As much as I love my Mustang and my fiesta, I would not be surprised in any way if ford goes out of business in the next decade or so. They make a lot of aggressive changes to their business model. They cut so many cars out. I feel like they are setting them selves up for a sink or swim situation here.
 


TDavis

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As much as I love my Mustang and my fiesta, I would not be surprised in any way if ford goes out of business in the next decade or so. They make a lot of aggressive changes to their business model. They cut so many cars out. I feel like they are setting them selves up for a sink or swim situation here.
Thats a very aggressive opinion. Just FYI to everyone out there. Tesla and Ford are the only auto makers to not go bankrupt. I wouldn't have such aggressive opinons like that as of yet. They cut cars out of the US market because the US market likes SUVs and crossovers based on the sales. Not too mention the ever so popular F-Series, which contrary to popular belief, is still popular lol. Overseas still have many other options because cars are more popular there.
 


dhminer

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Still waiting for all this doomsday post disaster, Ford is and always will be an American company. The sell Fords worldwide. No crazy, still doing fine. They have the best selling pick-up in U.S. history and the best selling sports car in the world. And they are a performance/racing car company that had 3 mundane makes as Focus, Focus RS and Fiesta ST made Motor Trend's list of top 30 cars in the past 30 years 2 days ago. Does not sound like Ford is in trouble, LOL!

FYI, the Fiesta was the best selling car of all time in the UK, followed in 2nd place by the Escort and 4th with the Cortina. That is 1,2,and 4 in sales history in the UK. My niece live in Wales and drive a Fiesta. Ford owns the UK market.

From https://www.autoexpress.co.uk/best-cars/87993/uks-most-popular-cars-of-all-time
Right.. As long as they keep churning out F series trucks, they’re going to be fine even if they don’t give us any fun cars besides the mustang.
 


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#9
Thats a very aggressive opinion. Just FYI to everyone out there. Tesla and Ford are the only auto makers to not go bankrupt. I wouldn't have such aggressive opinons like that as of yet. They cut cars out of the US market because the US market likes SUVs and crossovers based on the sales. Not too mention the ever so popular F-Series, which contrary to popular belief, is still popular lol. Overseas still have many other options because cars are more popular there.
I agree it is aggressive. Not something I would bet my money on considering their massive cash balance compared to others. its more of a "they are setting them selves up if things go wrong" type of opinion, first one came out more aggressive than I anticipated. I think we can all agree, an electric mustang will not sell well when that switch happens. I'm sure they'll be fine as long as the F series remains popular but I think we can all agree relying on one series of truck is not smart for an automaker. On top of the car stuff, the stock is down over 20% meanwhile the overall market is up over 10%.
and based on their balance sheets:
Total assets are down
available Cash & cash equivalents is down
investments are down
total capital is down
equity is down
invested capital is down
book value is down
"other investments" dropped to ZERO
finished sitting goods is up (Lots of 0% apr offers too)
total debt is up
I will admit. Some of the quarterly earnings reports have been favorable for the company. Don't get me wrong, comparing Ford's balance sheets to others, it is doing way better. But compared to themselves the company isn't exactly doing its best.
 


Dpro

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#10
Thats a very aggressive opinion. Just FYI to everyone out there. Tesla and Ford are the only auto makers to not go bankrupt. I wouldn't have such aggressive opinons like that as of yet. They cut cars out of the US market because the US market likes SUVs and crossovers based on the sales. Not to mention the ever so popular F-Series, which contrary to popular belief, is still popular lol. Overseas still have many other options because cars are more popular there.
Yes but A : Tesla was not profitable in 2008-2010 and they were federally subsidized . Everyone who bought a Tesla got a Federal credited rebate towards the car lowering the price of the car for purchase. This was also happening with other EV/ Hybird makers at the time. So they did not file bankruptcy because they were’nt profitable 🤣
B: Ya Ford did not take a Federal bailout but Ford today is not Ford 2008-2010 and since then have had several management changes and made many mistakes . I did not say they would go bankrupt but they are in bad shape and not making good moves . Initially it looked good cutting out the car lines for the more profitable trucks . Though like others have cited putting ones profitable eggs all in one basket is tricky and takes really slick management to pull off something Jim Farley and company has not shown.
Plus like mentioned earlier the pie in the sky idea that their EV line will be up running full bore and profitable in two years is ludicrous at best.

So ya bankruptcy it’s a little to early to call that but they are seriously gambling here and l everything wannabeST pointed out is true and in the investment world that’s consider a head for the doors situation.
 


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TDavis

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I agree it is aggressive. Not something I would bet my money on considering their massive cash balance compared to others. its more of a "they are setting them selves up if things go wrong" type of opinion, first one came out more aggressive than I anticipated. I think we can all agree, an electric mustang will not sell well when that switch happens. I'm sure they'll be fine as long as the F series remains popular but I think we can all agree relying on one series of truck is not smart for an automaker. On top of the car stuff, the stock is down over 20% meanwhile the overall market is up over 10%.
and based on their balance sheets:
Total assets are down
available Cash & cash equivalents is down
investments are down
total capital is down
equity is down
invested capital is down
book value is down
"other investments" dropped to ZERO
finished sitting goods is up (Lots of 0% apr offers too)
total debt is up
I will admit. Some of the quarterly earnings reports have been favorable for the company. Don't get me wrong, comparing Ford's balance sheets to others, it is doing way better. But compared to themselves the company isn't exactly doing its best.
Only time will tell. Many manufacturers have had dips/hardships. Just the way of the business. We'll see, I don't think Ford is going anywhere anytime soon though. Definitely excited to see the new EV models if that actually happens because thats the plan, but its a plan, not set in stone currently.

I remember California wanted to have all cars EV by a certain time, so alot of people actually got EV's but then the network couldn't handle all the charging that people were doing all at one time lol. So they told people to stop charging their cars
 


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TDavis

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The fact that my 2018 Fiesta ST’s front passenger door is already obsolete does not instill a lot of confidence in me about Ford overall though.

They are making major mistakes and they are disregarding the customers in that sense. It’s only been 4 years since the line has been discontinued and the already don’t have more basic replacement parts stockpiled for the aftermarket. If it was Toyota or Nissan , Honda etc… those doors would be readily available .
You'd be surprised, this isn't just a Ford thing. Just depends on the what model it is in that particular brand. Don't use your one FiST door to write off Ford as a whole for not keeping parts around.

In my 8+ years being in parts I've called all the brands you've mentioned and even they had obsolete parts that surprised me like your FiST door. Same with Chevy too. It really isn't anything new. But like I said, just depends on the model. I don't know what goes into it(amount of sales on that particular part? Amount of sales on that vehicle? etc.), I'm not sure, thats above my paygrade, I'm sure theres more to it then just that lol
 


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#13
I remember California wanted to have all cars EV by a certain time, so alot of people actually got EV's but then the network couldn't handle all the charging that people were doing all at one time lol. So they told people to stop charging their cars
The law is for all new car sales must be EV or zero-emission vehicles. We can still keep our good old combustion engines but don't expect to see any on any dealer lots. As far as the electrical grid goes, I hope some upgrades happen soon. The amount of EV cars on the road only seems to go higher and higher it seems. There hasn't been any delays on the 2035 year. So same thing, only time will tell.
 


TDavis

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The law is for all new car sales must be EV or zero-emission vehicles. We can still keep our good old combustion engines but don't expect to see any on any dealer lots. As far as the electrical grid goes, I hope some upgrades happen soon. The amount of EV cars on the road only seems to go higher and higher it seems. There hasn't been any delays on the 2035 year. So same thing, only time will tell.
Yeah. I'm not against an EV future. I'll probably always have a ICE car but I'm excited to see designs for new EVs. I know no one likes it but just like the new tech now, we'll adapt and get used to it. Just like any other change
 


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Yeah. I'm not against an EV future. I'll probably always have a ICE car but I'm excited to see designs for new EVs. I know no one likes it but just like the new tech now, we'll adapt and get used to it. Just like any other change
I'm in a similar boat as you. I love how fast we can make these giant electric RC cars go around a race track. I will likely own an EV car but I will also probably always have my 18k rpm R6 or my Mustang GT to scream freedom around lol
 


Dpro

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You'd be surprised, this isn't just a Ford thing. Just depends on the what model it is in that particular brand. Don't use your one FiST door to write off Ford as a whole for not keeping parts around.

In my 8+ years being in parts I've called all the brands you've mentioned and even they had obsolete parts that surprised me like your FiST door. Same with Chevy too. It really isn't anything new. But like I said, just depends on the model. I don't know what goes into it(amount of sales on that particular part? Amount of sales on that vehicle? etc.), I'm not sure, thats above my paygrade, I'm sure theres more to it then just that lol
HaHa been around cars and the parts business for many more years than you and the norm used to be that you could buy parts 10 years out no problem. Nissan, Toyota , BMW etc…. Quite honestly my FiST was the first domestic vehicle I have owned in close to 40 years.
I have been an import guy for years and my experience was parts were available for the manufactures vehicles up to 15 years after production run ends of the particular model.

Regardless of what you say it does not change the fact that this is already happening with the FiST so even saying it’s normal is a misnomer. Oh and it’s not just my door it’s other small parts on the car.

Owned my FiST for 5 years now going on 6 . I do see the I cannot get this critical part from Ford I have to get it from a Junkyard on the horizon. As much as I love the car I do relish scouring junkyards for stuff on an extremely limited production run vehicle i.e. hard to find.
So handwriting is on the wall here from my point of view.

Now I am not saying this is the demise of Ford.
I will say it does not foster good customer satisfaction but Ford apparently does not care and you making excuses for the practice as some kind of normal thing does not change the fact one iota.
I do see Ford making lots of bad management decisions though . I do see them putting a lot their eggs in one basket. There are betting on pulling off a long shot if they do it will be brilliant if they don’t it will have a strongly negative effect on the company. Currently we are already seeing that strongly negative effect in advance . You can’t ignore the horrible numbers wannabe posted up which are facts.
A company cannot roll like that for long before it takes an extremely adverse toll. So ya Ford is not in trouble ….yet! The ship is on a collision course though. So only time will show us.

The law is for all new car sales must be EV or zero-emission vehicles. We can still keep our good old combustion engines but don't expect to see any on any dealer lots. As far as the electrical grid goes, I hope some upgrades happen soon. The amount of EV cars on the road only seems to go higher and higher it seems. There hasn't been any delays on the 2035 year. So same thing, only time will tell.
It’s not a law it’s a mandate. Which is more of a proclamation they could never make it a law. Look up the definition of mandate. Its an official order or commission to due something . It was basically political grandstanding on the governors part.
It’s a physical impossibility to pull it off production wise and consumption wise . All you to look at is the current percentage of EV’s 1% and calculate uptake rate overtime to see its an overly ambitious goal.
In other words it won’t hold up.
 


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TDavis

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HaHa been around cars and the parts business for many more years than you and the norm used to be that you could buy parts 10 years out no problem. Nissan, Toyota , BMW etc…. Quite honestly my FiST was the first domestic vehicle I have owned in close to 40 years.
I have been an import guy for years and my experience was parts were available for the manufactures vehicles up to 15 years after production run ends of the particular model.
Hopefully you've actually been in the parts business. Because being around cars and parts but not actually someone whos worked in the OE parts world are two different animals. Not doubting you but I know I thought one thing prior and then started working in parts then thought different because I saw reasons why things were the way they were on the actual manufacturer side and not just speculations. If you have, then cool.

Maybe that 10 year thing has changed or something because we can still get some stuff from 90s and 00s vehicles. From looking around I never saw that it was an actual law, just speculation/rumor. Granted I was probably in high school when this was a thing if it was an actual law lol. In all seriousness, it is really hard to find an obsolete part for 10 years or newer vehicles. But there are couple parts out there sadly, for all brands.

Does suck though that some FiST parts are going that direction


I'm in a similar boat as you. I love how fast we can make these giant electric RC cars go around a race track. I will likely own an EV car but I will also probably always have my 18k rpm R6 or my Mustang GT to scream freedom around lol
Yeah, I'll always have my bike thats for sure
 


jmrtsus

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Still waiting for all this doomsday post disaster, Ford is and always will be an American company. The sell Fords worldwide. No crazy, still doing fine. They have the best selling pick-up in U.S. history and the best selling sports car in the world. And they are a performance/racing car company that had 3 mundane makes as Focus, Focus RS and Fiesta ST made Motor Trend's list of top 30 cars in the past 30 years 2 days ago. Does not sound like Ford is in trouble, LOL!

FYI, the Fiesta was the best selling car of all time in the UK, followed in 2nd place by the Escort and 4th with the Cortina. That is 1,2,and 4 in sales history in the UK. My niece live in Wales and drive a Fiesta. Ford owns the UK market.

From https://www.autoexpress.co.uk/best-cars/87993/uks-most-popular-cars-of-all-time
Right.. As long as they keep churning out F series trucks, they’re going to be fine even if they don’t give us any fun cars besides the mustang.
A car maker is in business to make money not provide folks with entertainment. The stockholders would go nuts over that approach. They provided us with plenty of fun cars but the US market didn't want them. The FiST sold only about 25K cars in 5 years. Not a barn burner, I doubt Ford recovered its cost in the US. Our car just made the top 30 cars in 30 years list on Motor trend.......purdy gud car!
 


dhminer

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#20
A car maker is in business to make money not provide folks with entertainment. The stockholders would go nuts over that approach. They provided us with plenty of fun cars but the US market didn't want them. The FiST sold only about 25K cars in 5 years. Not a barn burner, I doubt Ford recovered its cost in the US. Our car just made the top 30 cars in 30 years list on Motor trend.......purdy gud car!
Oh yeah, I was agreeing with you sir.
 




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