Re: Ford kills SVT unit
- From: Zombywoof <Zomby-Woof_dogs_@xxxxxxx>
- Date: Sat, 11 Mar 2006 10:13:50 -0500
On Fri, 10 Mar 2006 16:05:03 -0600, "Lynn McGuire" <nospam@xxxxxxxxxx>
wrote:
All depends on what you call trouble. While FoMoCo as a globalGM and Ford are in big trouble, and niche cars like the svt models are
Do you have proof that Ford is in trouble ? I have proof that it is not
currently in trouble: http://finance.yahoo.com/q/is?s=F&annual
company is doing fair to partly cloudy, the American Cars Division
definitely has Thunder Clouds on its horizon.
Ford has been profitable for the last 3 years. Not very profitable,How about a couple of Billions with a "B" lost domestically. One
but a little profitable is a whole lot better than losing money.
cannot make up losses in the Billions by volume.
I fully expect Ford to get even better when the UAW contract getsWhile I don't expect it, but I do highly suspect that something is
renegotiated next year when GM is in bankruptcy. In fact, I would
not be surprised to see the UAW walk off the job for six to twelve
months. I fully expect Ford, GM and Chrysler to convert their
retirement plans into 401Ks and drop retiree health benefits.
going to have to be done about UAW contracts. If not more then just
the Domestic part of GM is going to go down the tubes. All US Auto
Manufacturers have been mortgaging their future with the current
rebates & price rollbacks.
Prior to Christmas I bought my darling wife an `05 Lincoln Aviator for
$15k off MSRP. I yes I know it is nothing much more then a gussied up
Explorer, but she is a tad of a label whore, and it is a pretty sweet
ride with the heated & A/C seats, Factory THX navigation &
entertainment system. It also rides fair more superiorly to an
Explorer or Mountaineer. Now if I can get a vehicle with a $50k+
sticker for a touch over $35k out the door with Tax, Tag, Title & a
pre-paid Scheduled Service contract included. This deal was without
almost no bargaining effort what so ever. Was it a buy at below
production cost? I don't know, but I doubt that there was a $15K
profit margin built into the damn thing. After just springing $35K
for a vehicle, which my wife as not a car person absolutely loves to
drive, I don't think there are many more new FoMoCo product purchases
in my near future and with the pre-paid scheduled service contract for
the length of the Warranty I won't being spending all that much at the
dealership as well.
If the UAW does in fact walk, I hope the hell that the US
Manufacturers simply lock the gates on the unionized plants and never
ever unlock them for the SOB's again. It would serve them right.
What would be even worse then any of the Big 3 converting their
retirement programs to 401K's is abandoning them as un/under-funded
liability. Ford is in much better shape then GM in this area, but if
it happens it might be you & I, Joe Average Taxpayer, that gets stuck
with the un/under-funded retirement liability.
--
December 9, 2005 (CNN) While interviewing an anonymous
US Special Forces soldier, a Reuters News agent asked
the soldier what he felt when sniping members of Al Quaeda
in Afghanistan.
The soldier shrugged and replied, "Recoil." (Possible Urban Legend)
.
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