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This is great reporting by the Detroit Free Press

Discussion pertaining to Detroit, Ann Arbor, Port Huron, and SW Ontario
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MWmetalhead
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This is great reporting by the Detroit Free Press

Post by MWmetalhead » Sat Sep 14, 2019 10:27 am

Their reporting of Ford vehicle maladies in recent weeks has been terrific, and the bombshell article about widespread, severe defects in 2020 Ford Explorers is definitely an attention grabber!

https://www.freep.com/story/money/cars/ ... 292795001/

Thankfully, these vehicles are being fixed before they've reached dealer lots!

One cannot help but wonder if roll out of the new 2020 Ford Escape onto dealership lots will now be postponed.

Hopefully no one here owns Ford stock. I have a feeling Q3 and Q4 earnings are going to be a disaster.


Alexis Wiley and Mike Duggan - together following in Hillary's footsteps!

Willie108
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Re: This is great reporting by the Detroit Free Press

Post by Willie108 » Sat Sep 14, 2019 12:19 pm

FORD...Found On Road Dead.



fuzzpower
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Re: This is great reporting by the Detroit Free Press

Post by fuzzpower » Sat Sep 14, 2019 3:39 pm

I sold my Ford stock years ago. Bought when they were barely above $1.00. Should have held it longer.



thekman
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Re: This is great reporting by the Detroit Free Press

Post by thekman » Sun Sep 15, 2019 1:15 am

Willie108 wrote:
Sat Sep 14, 2019 12:19 pm
FORD...Found On Road Dead.
https://youtu.be/3AJCdmW33fM



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moldyoldie
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Re: This is great reporting by the Detroit Free Press

Post by moldyoldie » Sun Sep 15, 2019 9:57 am

MWmetalhead wrote:
Sat Sep 14, 2019 10:27 am
Hopefully no one here owns Ford stock. I have a feeling Q3 and Q4 earnings are going to be a disaster.
Ford's common stock price is buoyed by an oversized dividend which is apparently sufficiently covered by quarterly cash flow; it helps keep the Ford family well-heeled and long-term income-oriented investors happy. Though Moody's recented downgraded Ford's debt to junk, the market's reaction was a big ho-hum. Ford stock has so underperformed the broad averages the past decade that it's hard to believe any prospects, positive or negative, haven't already been "baked into the cake". Past quarterly earnings reports have not precluded the stock from trading in a narrow range as the broad averages have soared to all-time highs; a comparative long-term chart is truly ugly.

Unless they cut or miss their quarterly dividend, and notwithstanding any big spending on developing electric and autonomous vehicles, I don't expect cataclysm for the stock price, at most a 10-15% dip if earnings are exceedingly worse than expected. As the blind man said, we shall see.


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audiophile
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Re: This is great reporting by the Detroit Free Press

Post by audiophile » Tue Sep 17, 2019 6:16 am

MWmetalhead wrote:
Sat Sep 14, 2019 10:27 am
Their reporting of Ford vehicle maladies in recent weeks has been terrific, and the bombshell article about widespread, severe defects in 2020 Ford Explorers is definitely an attention grabber!

https://www.freep.com/story/money/cars/ ... 292795001/

Thankfully, these vehicles are being fixed before they've reached dealer lots!

One cannot help but wonder if roll out of the new 2020 Ford Escape onto dealership lots will now be postponed.

Hopefully no one here owns Ford stock. I have a feeling Q3 and Q4 earnings are going to be a disaster.
A relative worked for Roush and the stories he told were amazing. He said the new Ford engineers are the worst, all foreign, just out of college.


Ask not what your country can do FOR you; ask what they are about to do TO YOU!!

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TC Talks
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Re: This is great reporting by the Detroit Free Press

Post by TC Talks » Tue Sep 17, 2019 7:56 am

audiophile wrote:
Tue Sep 17, 2019 6:16 am
A relative worked for Roush and the stories he told were amazing. He said the new Ford engineers are the worst, all foreign, just out of college.
Given the state of our education system, having someone from another country might be a bonus. For example, German engineering is the best in the world. Japan and South Korea also engineer tremendously successful vehicles.


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MWmetalhead
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Re: This is great reporting by the Detroit Free Press

Post by MWmetalhead » Tue Sep 17, 2019 9:53 am

My guess is they're coming from India.


Alexis Wiley and Mike Duggan - together following in Hillary's footsteps!

SolidGoldDancers
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Re: This is great reporting by the Detroit Free Press

Post by SolidGoldDancers » Tue Sep 17, 2019 2:02 pm

audiophile wrote:
Tue Sep 17, 2019 6:16 am
MWmetalhead wrote:
Sat Sep 14, 2019 10:27 am
Their reporting of Ford vehicle maladies in recent weeks has been terrific, and the bombshell article about widespread, severe defects in 2020 Ford Explorers is definitely an attention grabber!

https://www.freep.com/story/money/cars/ ... 292795001/

Thankfully, these vehicles are being fixed before they've reached dealer lots!

One cannot help but wonder if roll out of the new 2020 Ford Escape onto dealership lots will now be postponed.

Hopefully no one here owns Ford stock. I have a feeling Q3 and Q4 earnings are going to be a disaster.
A relative worked for Roush and the stories he told were amazing. He said the new Ford engineers are the worst, all foreign, just out of college.
Look at any F-150 made in the last three years and how the blue ovals on the front and back tailgate have the blue tint weathering off. It is their freaking LOGO and they can't get it to last.



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