Ford is in deep poo poo!! - Mustang Evolution

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Old 07-20-2006, 12:12 PM   #1
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Ford is in deep poo poo!!

Ford is in a genuine fight for survival. The leading analyst are now saying GM is in a better shape for turnaround now than Ford. The company, which lost $1.2 billion in the first quarter, cautioned last week that business conditions have become tougher over the past six months.


FOXNews.com - Earnings: Ford, Pfizer, Wyeth, Honeywell

If things dont turn around fast 2007 will be the only year of the Shelby.

Ford Chairman and Chief Executive Bill Ford Jr. said on Thursday the automaker is working to accelerate its turnaround efforts.

"Within the next 60 days, we'll be in a position to discuss the additional actions we will be taking," he said in a statement.

Ford has been hit hard by high gasoline prices that have caused consumers to shift away from sport utility vehicles and large trucks to smaller and less profitable cars an area of relative weakness for Ford.

Ford said the pre-tax loss in the quarter for its core automotive operations widened to $808 million, excluding special charges, compared with a loss of $245 million a year earlier, while its finance arm contributed net profit of $441 million. In North America, the automotive operations had a loss of $797 million, before taxes and excluding special items, compared with $907 million a year earlier.
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Old 07-20-2006, 02:05 PM   #2
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Re: Ford is in deep poo poo!!

Hmm...if they go under, Fusions will start selling for cheap...:chin:
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Old 07-20-2006, 02:58 PM   #3
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Re: Ford is in deep poo poo!!

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Hmm...if they go under, Fusions will start selling for cheap...:chin:
mm good point or the price of the cobra will drop somemore...
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Old 07-20-2006, 03:05 PM   #4
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Re: Ford is in deep poo poo!!

crappy products at crappy prices lead to crappy sales.
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Old 07-20-2006, 03:12 PM   #5
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Re: Ford is in deep poo poo!!

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Originally Posted by EclipseGSTdude View Post
crappy products at crappy prices lead to crappy sales.
Actually not crappy products or price. The problem is both GM and Ford were fat dumb and happy selling Big Trucks and SUV's. Now as the price of gas is around 3 bucks Truck sales are slowing faster than expected and that is a problem for Ford especially since the Ford F-150 is the best selling vehicle in the US.
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Old 07-20-2006, 11:31 PM   #6
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Re: Ford is in deep poo poo!!

I think the high gas prices are being caused by a united nations of sorts of all the foreign car makers!!! Its true I tell you!!!
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Old 07-20-2006, 11:36 PM   #7
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Re: Ford is in deep poo poo!!

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I think the high gas prices are being caused by a united nations of sorts of all the foreign car makers!!! Its true I tell you!!!
No, they are being caused by greed and a lack of foresight from our leaders....
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Old 07-20-2006, 11:40 PM   #8
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Re: Ford is in deep poo poo!!

i am willing to say mostly greed
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Old 07-20-2006, 11:46 PM   #9
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Re: Ford is in deep poo poo!!

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i am willing to say mostly greed
I agree....greed on the part of big oil...and greed on the part of the leaders being blinded by money. Brasil had foresight...and told big oil countries to **** off....

Time to move to brasil...Carnival....Asses from heaven....and no dependance on oil FTW
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Old 07-20-2006, 11:46 PM   #10
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Re: Ford is in deep poo poo!!

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Actually not crappy products or price. The problem is both GM and Ford were fat dumb and happy selling Big Trucks and SUV's. Now as the price of gas is around 3 bucks Truck sales are slowing faster than expected and that is a problem for Ford especially since the Ford F-150 is the best selling vehicle in the US.
dude home page MSN said statistics showed trucks are still purchased more than cars. americans dont give a **** about mileage. i cant find the link now, that was on their main 3tab ticker window thingy about a day ago. i shouldve copied it knowing this issue comes up about a million times with you.
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Old 07-20-2006, 11:48 PM   #11
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Re: Ford is in deep poo poo!!

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dude home page MSN said statistics showed trucks are still purchased more than cars. americans dont give a **** about mileage.
Haha..with gas going up..I'm looking at buying something in the next year that I will burn more gas in than my current car. Go figure...we'll continue to drive low gas mileage vehicles because that's what we enjoy regardless of costs.
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Old 07-20-2006, 11:53 PM   #12
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Re: Ford is in deep poo poo!!

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Haha..with gas going up..I'm looking at buying something in the next year that I will burn more gas in than my current car. Go figure...we'll continue to drive low gas mileage vehicles because that's what we enjoy regardless of costs.
werd.

sure if i drove 100 miles round trip every day id get something gas saving and cheap, like a older CRX or something peppy. but for now, 10mpg but does the quarter in 12 seconds, **** yeah. 8mpg but is taller than your house and i never have to worry about curbs, hell yes. 3.50$ gas prices, dont care cause if i ran things wed have already taken over the world and the US would pay 1$ a gallon while every other crap country paid 5$ a gallon.
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Old 07-21-2006, 07:19 AM   #13
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Re: Ford is in deep poo poo!!

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Originally Posted by EclipseGSTdude View Post
dude home page MSN said statistics showed trucks are still purchased more than cars. americans dont give a **** about mileage. i cant find the link now, that was on their main 3tab ticker window thingy about a day ago. i shouldve copied it knowing this issue comes up about a million times with you.
Stats dont tell the whole story . Ford still sells more trucks than anyone and the F-150 is the best selling vehicle but in the last year sales of the F-150 is down 14% from a year ago. That is why Ford is in panic mode. In less than 9 months their original turnaround plan closing 14 plants and cutting up to 30,000 factory jobs in North America is not enough and not working. So with only a couple of their vehicles selling and the rest sitting on lots things are going to get quite rough for Ford very quickly. You cant lose nearly $2,000,000,000 in the last 24 months and stay afloat for very long.
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Old 07-21-2006, 09:05 AM   #14
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Re: Ford is in deep poo poo!!

I am sure they were warned but they probably didnt care.... now I bet they would have diversivied a bit.
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Old 07-21-2006, 11:28 AM   #15
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Re: Ford is in deep poo poo!!

they need better normal cars. id rather have a civic SI or toyota camry over the f00sion and what not. hell their cars suck so bad, the only cars i know they even still have is the f00sion, mustang and F*50's.


ford might lose money, but then again, right now you cant get any worse than mitsu's debacle. only thing holding mitsu up in the US market is their 20 other international branches of random things (including chili canneries) that actually do make profit.
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Old 07-21-2006, 11:37 AM   #16
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Re: Ford is in deep poo poo!!

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Originally Posted by EclipseGSTdude View Post
they need better normal cars. id rather have a civic SI or toyota camry over the f00sion and what not. hell their cars suck so bad, the only cars i know they even still have is the f00sion, mustang and F*50's.


ford might lose money, but then again, right now you cant get any worse than mitsu's debacle. only thing holding mitsu up in the US market is their 20 other international branches of random things (including chili canneries) that actually do make profit.
Have you ever driven a Fusion? That car is just as good as a Civic or Camry.
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Old 07-21-2006, 11:54 AM   #17
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Re: Ford is in deep poo poo!!

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Originally Posted by EclipseGSTdude View Post
they need better normal cars. id rather have a civic SI or toyota camry over the f00sion and what not. hell their cars suck so bad, the only cars i know they even still have is the f00sion, mustang and F*50's.
I would not. I would rather have a Fusion over must cars in it's class. But that is besides the point. Ford has done a poor job of competiting with The Japanese. Hell The Malibu, Impala and Colbalt are the best selling American cars. Ford needs some good old fashion sales drives and advertisements to get the Fusion noticed.


Quote:
ford might lose money, but then again, right now you cant get any worse than mitsu's debacle. only thing holding mitsu up in the US market is their 20 other international branches of random things (including chili canneries) that actually do make profit.
Mitsubishi Automotive division has been in trouble for years. DaimlerChrysler has been approached by Mitsu several times to aquire them but the price was not right. Big ol Mitsubishi is not hurting though. Mitsubishi is one of the largest heavy industries in the world. They build everything Ships, Cars, Jets, Boats, Electroincs, TV's, Crane's, Bulldozers, Trucks and just about everything in between. In the end Daimler Chrysler will buy them. Just dont know if they will keep the whole line of cars or just incorporate what they want in their current fleet.
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Old 07-21-2006, 01:46 PM   #18
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Re: Ford is in deep poo poo!!

Fusion > all other cars in it's class.

When I say I want a Ford Fusion, I mean it. I would drive the crap out of that little car. They are cheap too if you get the 4cyl and the v6 engine comes stock with more power than the V6 stang does. Oh, can you say 6 speed? w00t!
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