Ford, like GM, struggling with its bottom line

[alent1234]

Last week NY Times had a nice article about the whole Ford/GM debacle

Ford thinks that fuel prices are hurting its SUV sales and will look at other cars

GM thinks that since it's SUV's are mostly purchased by people making $100,000 or more than they don't care about spending an extra $20 a week on gas and will continue to market big SUV's.

 

[dmcowen674]

Originally posted by: alent1234
Last week NY Times had a nice article about the whole Ford/GM debacle

Ford thinks that fuel prices are hurting its SUV sales and will look at other cars

GM thinks that since it's SUV's are mostly purchased by people making $100,000 or more than they don't care about spending an extra $20 a week on gas and will continue to market big SUV's.

No doubt about, GM Execs frequent P&N

 

[sandorski]

According to what I heard on robTV(Report on Business television) today, Toyota is talking about raising their prices in the US. The reason is that they fear a backlash against their products if GM and Ford go Bankrupt. GM and Ford's future really is that precarious.

 

[dullard]

Update

GM sales down another 7.4% in April, Ford sales down 1.5% in April for 11 straight declines.

 

[dmcowen674]

Originally posted by: sandorski
According to what I heard on robTV(Report on Business television) today, Toyota is talking about raising their prices in the US.

The reason is that they fear a backlash against their products if GM and Ford go Bankrupt. GM and Ford's future really is that precarious.

Originally posted by: dullard
Update

GM sales down another 7.4% in April, Ford sales down 1.5% in April for 11 straight declines.

Heheheheh I keep getting a kick out of all this, the P&N Elite said this would never happens when I posted about this two years ago.

 

[Stunt]

I'm disappointed you get a "kick" out of some strong american staple companies (employ a lot of americans) doing poorly.

 

[alent1234]

maybe this kick in the pants is what GM needs to get on the right track

 

[Stunt]

Originally posted by: alent1234
maybe this kick in the pants is what GM needs to get on the right track

You don't think they are getting that now?
Investors are pulling out, stock is taking a dive, market share is going down, profits are non-existant, etc.
That's a kick in the pants if i ever saw one.

 

[CaptnKirk]

Is a kick in the butt enough to dislodge their heads from their asses ?

 

[shrumpage]

Originally posted by: SuperTool

Originally posted by: dmcowen674

Originally posted by: SuperTool
PSA: $1200000000 Profit is not exactly struggling, especially considering GM is losing about that much. /PSA
We now return to our regularly scheduled Ford bashing, sky is falling, programming.

Ford:

Fix Or Repair Daily

Found On Road Dead

Welcome to 10 years ago.

CRAP!

My Bronco is a '93!!

(actually its a good truck)

 

[dmcowen674]

Originally posted by: Stunt
I'm disappointed you get a "kick" out of some strong american staple companies (employ a lot of americans) doing poorly.

What about all the "American Companies and jobs that have picked up and set up shop overseas but still call themselves "American" companies???

 

[Deptacon]

Originally posted by: dmcowen674

Originally posted by: Stunt
I'm disappointed you get a "kick" out of some strong american staple companies (employ a lot of americans) doing poorly.

What about all the "American Companies and jobs that have picked up and set up shop overseas but still call themselves "American" companies???

honda has plants here, can they ont call themselves japannese anymore?

i think its funny how so mnay people jump on american compnies for moving jobs overseas. its part of the evolution of business in the global market and gobal supply chain, i study this every day in my business courses, if american companies did not do this, they have about a 90% chance of not being able to compete in the next 10 yrs and will fail. its just how it is. unless you wanna pay 90 bucks for a hammer, and 50,000 dollars for a ford escort, thats how is. this is how the global market is changing.

people need to realize WE ARE NO LONGER A MANUFACTURING NATION. wages are too high, its not profitable, not on a large scale.

 

[Stunt]

Took the words out of my mouth.

 

[dmcowen674]

Originally posted by: Deptacon

Originally posted by: dmcowen674

Originally posted by: Stunt
I'm disappointed you get a "kick" out of some strong american staple companies (employ a lot of americans) doing poorly.

What about all the "American Companies and jobs that have picked up and set up shop overseas but still call themselves "American" companies???

honda has plants here, can they ont call themselves japannese anymore?

i think its funny how so mnay people jump on american compnies for moving jobs overseas. its part of the evolution of business in the global market and gobal supply chain, i study this every day in my business courses, if american companies did not do this, they have about a 90% chance of not being able to compete in the next 10 yrs and will fail. its just how it is. unless you wanna pay 90 bucks for a hammer, and 50,000 dollars for a ford escort, thats how is. this is how the global market is changing.

people need to realize WE ARE NO LONGER A MANUFACTURING NATION. wages are too high, its not profitable, not on a large scale.

people need to realize WE ARE NO LONGER A MANUFACTURING NATION. wages are too high, its not profitable, not on a large scale.

honda has plants here, can they ont call themselves japannese anymore?

If we're not a MANUFACTURING NATION then why did Honda and others set up Factories here? Are they not Manufacturing anything???

 

[Stunt]

I think it is government regulated...auto pact or something...
Definately the doing of the government.

 

[Deptacon]

Originally posted by: dmcowen674

Originally posted by: Deptacon

Originally posted by: dmcowen674

Originally posted by: Stunt
I'm disappointed you get a "kick" out of some strong american staple companies (employ a lot of americans) doing poorly.

What about all the "American Companies and jobs that have picked up and set up shop overseas but still call themselves "American" companies???

honda has plants here, can they ont call themselves japannese anymore?

i think its funny how so mnay people jump on american compnies for moving jobs overseas. its part of the evolution of business in the global market and gobal supply chain, i study this every day in my business courses, if american companies did not do this, they have about a 90% chance of not being able to compete in the next 10 yrs and will fail. its just how it is. unless you wanna pay 90 bucks for a hammer, and 50,000 dollars for a ford escort, thats how is. this is how the global market is changing.

people need to realize WE ARE NO LONGER A MANUFACTURING NATION. wages are too high, its not profitable, not on a large scale.

people need to realize WE ARE NO LONGER A MANUFACTURING NATION. wages are too high, its not profitable, not on a large scale.

honda has plants here, can they ont call themselves japannese anymore?

If we're not a MANUFACTURING NATION then why did Honda and others set up Factories here? Are they not Manufacturing anything???

to avoid tarriffs.... we have heavy tarrifs on autos...plsu they can charge so much more for the vehicles here....it comes out on top

also, they sell so many cars here, it cost less to make here then ship all those large vehicles here from overseas

ALSO, its a resource issuse, a motor vehicle needs lots of metal resources, that are already here, if you analyze the whole supply chain, it comes out cheaper. thats why american compaines, like GM move them just across the border, so they take advatge of labor to keep cost down, or just do parts assembly in other countries, and do big assembly here

 

[dmcowen674]

Originally posted by: Deptacon

Originally posted by: dmcowen674

Originally posted by: Deptacon

Originally posted by: dmcowen674

Originally posted by: Stunt
I'm disappointed you get a "kick" out of some strong american staple companies (employ a lot of americans) doing poorly.

What about all the "American Companies and jobs that have picked up and set up shop overseas but still call themselves "American" companies???

honda has plants here, can they ont call themselves japannese anymore?

i think its funny how so mnay people jump on american compnies for moving jobs overseas. its part of the evolution of business in the global market and gobal supply chain, i study this every day in my business courses, if american companies did not do this, they have about a 90% chance of not being able to compete in the next 10 yrs and will fail. its just how it is. unless you wanna pay 90 bucks for a hammer, and 50,000 dollars for a ford escort, thats how is. this is how the global market is changing.

people need to realize WE ARE NO LONGER A MANUFACTURING NATION. wages are too high, its not profitable, not on a large scale.

people need to realize WE ARE NO LONGER A MANUFACTURING NATION. wages are too high, its not profitable, not on a large scale.

honda has plants here, can they ont call themselves japannese anymore?

If we're not a MANUFACTURING NATION then why did Honda and others set up Factories here? Are they not Manufacturing anything???

to avoid tarriffs.... we have heavy tarrifs on autos...plsu they can charge so much more for the vehicles here....it comes out on top

also, they sell so many cars here, it cost less to make here then ship all those large vehicles here

You didn't answer the question, so are they Manufacturing the cars here or are they distribution warehouses???

 

[Deptacon]

Originally posted by: dmcowen674

Originally posted by: Deptacon

Originally posted by: dmcowen674

Originally posted by: Deptacon

Originally posted by: dmcowen674

Originally posted by: Stunt
I'm disappointed you get a "kick" out of some strong american staple companies (employ a lot of americans) doing poorly.

What about all the "American Companies and jobs that have picked up and set up shop overseas but still call themselves "American" companies???

honda has plants here, can they ont call themselves japannese anymore?

i think its funny how so mnay people jump on american compnies for moving jobs overseas. its part of the evolution of business in the global market and gobal supply chain, i study this every day in my business courses, if american companies did not do this, they have about a 90% chance of not being able to compete in the next 10 yrs and will fail. its just how it is. unless you wanna pay 90 bucks for a hammer, and 50,000 dollars for a ford escort, thats how is. this is how the global market is changing.

people need to realize WE ARE NO LONGER A MANUFACTURING NATION. wages are too high, its not profitable, not on a large scale.

people need to realize WE ARE NO LONGER A MANUFACTURING NATION. wages are too high, its not profitable, not on a large scale.

honda has plants here, can they ont call themselves japannese anymore?

If we're not a MANUFACTURING NATION then why did Honda and others set up Factories here? Are they not Manufacturing anything???

to avoid tarriffs.... we have heavy tarrifs on autos...plsu they can charge so much more for the vehicles here....it comes out on top

also, they sell so many cars here, it cost less to make here then ship all those large vehicles here

You didn't answer the question, so are they Manufacturing the cars here or are they distribution warehouses???

I did answer the question, they are manufaturing them

 

[Deptacon]

Originally posted by: Deptacon

Originally posted by: dmcowen674

Originally posted by: Deptacon

Originally posted by: dmcowen674

Originally posted by: Deptacon

Originally posted by: dmcowen674

Originally posted by: Stunt
I'm disappointed you get a "kick" out of some strong american staple companies (employ a lot of americans) doing poorly.

What about all the "American Companies and jobs that have picked up and set up shop overseas but still call themselves "American" companies???

honda has plants here, can they ont call themselves japannese anymore?

i think its funny how so mnay people jump on american compnies for moving jobs overseas. its part of the evolution of business in the global market and gobal supply chain, i study this every day in my business courses, if american companies did not do this, they have about a 90% chance of not being able to compete in the next 10 yrs and will fail. its just how it is. unless you wanna pay 90 bucks for a hammer, and 50,000 dollars for a ford escort, thats how is. this is how the global market is changing.

people need to realize WE ARE NO LONGER A MANUFACTURING NATION. wages are too high, its not profitable, not on a large scale.

people need to realize WE ARE NO LONGER A MANUFACTURING NATION. wages are too high, its not profitable, not on a large scale.

honda has plants here, can they ont call themselves japannese anymore?

If we're not a MANUFACTURING NATION then why did Honda and others set up Factories here? Are they not Manufacturing anything???

to avoid tarriffs.... we have heavy tarrifs on autos...plsu they can charge so much more for the vehicles here....it comes out on top

also, they sell so many cars here, it cost less to make here then ship all those large vehicles here

You didn't answer the question, so are they Manufacturing the cars here or are they distribution warehouses???

I did answer the question, they are manufaturing them

the point of the fact ur arguing with me about this one tells me you know nothing about the modern business landscape

 

[nergee]

I work for a manufacturing company here.....making real things out of real metal...and we are hiring too...but here is a typical scenario....
Schedule 13 interviews......6 actually show up for it......hire all six......three actually end up working for more than a week.......

 

[Deptacon]

Originally posted by: nergee
I work for a manufacturing company here.....making real things out of real metal...and we are hiring too...but here is a typical scenario....
Schedule 13 interviews......6 actually show up for it......hire all six......three actually end up working for more than a week.......

damn

i mean people actually talk about putting laws on books to force them to keep jobs here is just crazy. I mean, Hey your comapnies about to go under cause it cant turn a profit, but if you manufacture your item overseas ,your in the green.....no you can't do that

 

[rahvin]

I cannot believe there are jackasses on this board praying for the death of GM and ford. Combined the US automakers employ around 3-5% of the workforce. If GM and Ford went out of business the rule of 1 job for every 3 would jump unemployment by 10%, on top of that the Government is required to pick up the pensions of bankrupt companies and you as a tax payer would then be responsible for paying for their pensions. There is a reason the government bailed chrysler out with a loan in the 80's and it's simple, if we lose the big three and all the jobs they bring to this country (and not just assembly jobs, design, engineering, parts, transport, every aspect of our economy) the effect on our economy would be disasterous and I don't know if we could even recover from it.

So the next time you pray for the death of the american auto industry you better be hoping you have a job outside this country because it would cause a major economic crisis in the US and our crisis would echo around the world within days. You have to be one incredibly short sided prick or a completely uneducated fool to pray for the death of a major manufacturing arm in the US.

 

[Stunt]

I don't think it would be a crisis, but less than ideal
3-5% of workforce (145million) is 4-7million people.
That's an unemployment rate increase of only 1-2%.
This is nothing too crazy when compared to other country's unemployment rate.

 

[dmcowen674]

Originally posted by: rahvin
I cannot believe there are jackasses on this board praying for the death of GM and ford. Combined the US automakers employ around 3-5% of the workforce. If GM and Ford went out of business the rule of 1 job for every 3 would jump unemployment by 10%, on top of that the Government is required to pick up the pensions of bankrupt companies and you as a tax payer would then be responsible for paying for their pensions. There is a reason the government bailed chrysler out with a loan in the 80's and it's simple, if we lose the big three and all the jobs they bring to this country (and not just assembly jobs, design, engineering, parts, transport, every aspect of our economy) the effect on our economy would be disasterous and I don't know if we could even recover from it.

So the next time you pray for the death of the american auto industry you better be hoping you have a job outside this country because it would cause a major economic crisis in the US and our crisis would echo around the world within days. You have to be one incredibly short sided prick or a completely uneducated fool to pray for the death of a major manufacturing arm in the US.

Awwwww come on you have be proud that the Republican Regime has destroyed the American Auto Industry.

Here's you well deserved

 

[Stunt]

Originally posted by: dmcowen674

Originally posted by: rahvin
I cannot believe there are jackasses on this board praying for the death of GM and ford. Combined the US automakers employ around 3-5% of the workforce. If GM and Ford went out of business the rule of 1 job for every 3 would jump unemployment by 10%, on top of that the Government is required to pick up the pensions of bankrupt companies and you as a tax payer would then be responsible for paying for their pensions. There is a reason the government bailed chrysler out with a loan in the 80's and it's simple, if we lose the big three and all the jobs they bring to this country (and not just assembly jobs, design, engineering, parts, transport, every aspect of our economy) the effect on our economy would be disasterous and I don't know if we could even recover from it.

So the next time you pray for the death of the american auto industry you better be hoping you have a job outside this country because it would cause a major economic crisis in the US and our crisis would echo around the world within days. You have to be one incredibly short sided prick or a completely uneducated fool to pray for the death of a major manufacturing arm in the US.

Awwwww come on you have be proud that the Republican Regime has destroyed the American Auto Industry.

Here's you well deserved

Wasnt the last time GM had a loss when..."GM, which last month reported its biggest quarterly loss since it narrowly skirted bankruptcy 13 years ago"
13 years ago would put it squarely in Clinton's term.
So this is the worst it has been since a democrat...
can't blame republicans on this one dave...just GM...just GM.