mackinaw
-
Posts
3,223 -
Joined
-
Last visited
-
Days Won
14
Content Type
Profiles
Forums
Gallery
Downloads
Store
Posts posted by mackinaw
-
-
One of Ford's better CEO's. Responsible for the Taurus. He was 97.
-
4
-
-
1 hour ago, akirby said:
Wow - almost a 17% margin for Ford Pro. How do they break out vehicle sales between pro and blue? Is Pro fleet only?
From the Detroit News:
"Meanwhile, Ford Pro, the commercial vehicle business, was the shining star of the report. It posted more than $3 billion in operating income, up 120% from last year, and a 16.7% operating margin. Super Duty sales drove the increase, according to the automaker. Software services also represented 13% of the earnings, nearing the goal of 20%."
-
3
-
-
1 hour ago, jpd80 said:
Why is Farley still receiving a bonus for being such a terrible manager?
The board should be cutting his and all the Senior VPs’ bonuses until KPIs are met.
His bonus declined in 2023. From the Detroit News: “Bill’s (Ford) and Jim’s salaries were flat with 2022 and their bonuses were down — and well below target levels — based on the overall performance of our business," spokesperson T.R. Reid said.
-
1
-
-
2 hours ago, akirby said:
I agree with that. But I think we’re underestimating the impact of the changes from the skunkworks team. I think they are fundamentally changing the way Ford designs and builds EVs which will either give them a big cost advantage or at worst keep them on par with other industry leaders. You don’t need 100 people working for 2 years in secret just to redesign a couple of vehicles. It’s far more fundamental in my opinion especially considering the team members.
To me, it's telling that the skunkworks team is in California, not Dearborn. Some people on this forum love to bitch about Ford's bureaucracy and "silos." Fewer than 100 engineers working 2,400 miles away from Michigan should address that issue.
-
1
-
-
22 minutes ago, ice-capades said:
....Back in the 70's, obviously long before the Internet, we relied on the print publications such as Motor Trend, Car & Driver and Road & Track for information. Back in the day, I found that Motor Trend provided the best information on the Big 3. Now I often wonder if any of the classic publications are still around as you rarely see them in the media.
They have websites, and I still see hard copies in the newstand of our local market. There was a time when I subscribed to all three of them. I haven't looked at a copy of any in years.
-
Ugh. Talk about trying too hard.
-
1 hour ago, Rick73 said:
You're correct, but question now is whether they can deliver value in an affordable vehicle, which are nearly very opposite of these two cost-no-object examples. I hope they can, but wonder if previous success is applicable under very tight budget.....
Not sure they have a tight budget. With less than 100 employees on this team (according to Bloomberg), you would think their overall budget wouldn't be that big. But I'd wager they have strict cost targets.
-
2 hours ago, ice-capades said:
Based on Ford's history, my concern is that this so-called "skunkworks" is going to be another program that gets bogged down with little to show for it, and at least for now is nothing more than a smoke and mirrors scenario.....
Well, the Ford GT and Mustang GTD were skunkworks programs and both turned out pretty damn good.
-
4
-
-
And the fact the contracts the parts suppliers have signed all expire about now. I'm sure they've already signed new contracts with other OEM's to supply parts.
-
1
-
-
For the guys who work at OAC, this is from the Detroit News:
"As a result, launch of the vehicles at Oakville Assembly Plant will begin in 2027 instead of the previously expected 2025. Retooling of the plant from from the gas-powered Edge crossover still is expected to begin in the second quarter. Some skilled trades workers will maintain their position through the updates, but most of the 2,700 employees at the plant will be on layoff until production resume again. The company says it will work with Canadian labor union Unifor to mitigate the effect of the delay on workers."
-
8 minutes ago, silvrsvt said:
But there isn't millions of P/HEV being sold yet and its "only" 25% improvement...when other tech out there offers a larger improvement
Worldwide, 2.9 million PHEV's were sold in 2022. 1.9 million in 2021.
-
53 minutes ago, DeluxeStang said:
I discussed investing in this company a few weeks ago. Glad I held off 😂.
Me too.
-
I remember seeing the GT 90 at the Detroit Auto Show back in 1995. Used Ford's "New Edge" design language.
-
3 hours ago, Andrew L said:
My friend's dad had one for many years and used to always say I BOUGHT IT AFTER THEY FIXED IT!!! ITS A GOOD CAR!!
I had a Pinto in the early 70's back during my college years. 1971 green hatchback, 2.0L four with a 4-speed tranny. It was a good little car. Economical, fun to drive, and reliable. I only have good memories of that car, though Michigan winter road salt did a number on the body.
-
1
-
-
1 hour ago, Bob Rosadini said:
You guys don't get it. Ford Pro is where it is at now- that is the big money maker.....
Absolutely. From a recent Detroit News article: "Ford Pro alone increased its operating income to $7.2 billion in 2023 by 81% with a 12.4% operating margin, even with a slower Super Duty truck production ramp-up with a new quality check process and a United Auto Workers strike. It's forecasting $8 billion to $9 billion in 2024 and a mid-teens margin."
“I remember a time when Fiat owned Ferrari, and I had a valuation of about $4 billion on it,” said Adam Jonas, analyst at investment bank Morgan Stanley, while posing a question to Ford CEO Jim Farley during a recent earnings call. “Now, Ferrari is worth $80 billion today, and the business was totally ignored by investors when it was part of Fiat. Now, Ford's Ferrari, it's called Ford Pro. And I think we agree, people are ignoring the cash cow.”
-
I kind of like the sculptured look of the sides. Not a fan of the interior though.
-
1 hour ago, DeluxeStang said:
Yeah basically this would be a case of only betting the amount of money I was comfortable with losing because that company has such an uncertain future at the moment.
In case you haven't seen this yet, Fisker has suspended EV production for the next six weeks. On the other hand, they're rumored to be linking up with some OEM (rumored to be Nissan). So who knows what to make of this company.
https://www.wired.com/story/fisker-suspends-electric-vehicle-production/
-
Then again, the water pump on my '94 F-150 went out last year. Only lasted 29 years.
-
2
-
-
Depends what your level of risk aversion is. If you are in the financial position of having some money to play with, buying shares of Fisker may pay off. Or it may not. I've been thinking about doing the same. Haven't pulled the trigger yet though.
-
1 hour ago, DeluxeStang said:
Well let's cut them a little slack.......
Nope, I don't cut Wall Street any slack over their over-optimistic EV predictions. There's no way a bunch of NYC-based eggheads have any clue about what is actually happening in the world. And Jonas was the worst of them. I'm really enjoying seeing him backtrack now.
-
2
-
-
"ICE Elongation Thesis." Only a Wall Street analyst could come up with something like that. And talk about Adam Jonas pivoting 180. Five years ago, he was the guy who was predicting that EV adoption would happen quickly and dramatically, like dominos falling over. Marketplace reality, as usual, had other ideas.
-
3
-
-
1 hour ago, DeluxeStang said:
So the limit for the e-cvt is around 300 lb ft and 400 hp, interesting.
From memory, the Ford Five Hundred (circa 2005) had a CVT transmission mated to the 3.0L V6 in the AWD models. I remember reading that it was a "high torque" CVT. It was expensive to produce, so was dropped in favor of a more conventional auto tranny at some point.
-
31 minutes ago, silvrsvt said:
It would be like Ford using the Philco (which was a name for Ford branded electronics and appliances from the 1960s) name on its EVs
We had an old Philco tube TV in our attic until a few years ago.
-
2 hours ago, Rick73 said:
Reports indicate R2 won’t be available until first half of 2026, which is two years away. R3 will likely follow by another year. If Rivian only has 18 months of money left, they will be hurting unless they secure additional funding.
I was reading elsewhere this afternoon that one reason Rivian delayed their planned Georgia plant was because it save them 2.25 billion dollars, which will buy them one more year.
-
1
-
Don Peterson RIP
in Ford Motor Company Discussion Forum
Posted
Read the article.