Bryan1

"Mercury Caliente, Fiesta..." I'm just talking F-150. F-150 Lobo doesn't sound right and it is already in use in Mexico for XLTs. Ford can come up with a better name for the new sport truck. edit: From Ford Authority: "As Ford Authority reported a few weeks ago, the refreshed 2024 Ford F-150 is set to make its official debut at the 2023 Detroit Auto Show...In addition to the typical styling and tech updates, the 2024 Ford F-150 will bring forth a number of changes to the popular model, including new 22-inch wheels, an available modular front bumper, a redesigned Ford Blue Oval badge, and a new trim level dubbed the Lobo. https://fordauthority.com/2023/09/fomoco-seeking-owner-photos-for-2024-ford-f-150-reveal/ The debut came and went, no Lobo. So far their "sources say" report is fake news.

"Ford would never use a Spanish name on an American product..." Nobody said they wouldn't.

From Motor Trend: "Or it could be a whole lot of nothing. All companies protect their intellectual property in a variety of ways. The "Lobo" trademarks could just be to prevent some competitor, real, imagined, or hypothetical, from squatting on the name—even if Ford has no intention of producing any Lobos outside of Mexico. If the chatter gets more concrete, if truly compelling spy photos emerge, or if a Ford source howls at us, we'll let you know." I'm going with fake news. Ford using a spanish name on the F-150 in the United States sounds really stupid.

Here's the Build & Price: https://shop.ford.com/configure/f150/2024/model/customize?intcmp=reveal-cta-fbc-bfp

Supercab with 8 foot long bed, GONE!!!

Ford Motor Co.’s hot-selling Mustang Mach-E electric SUV and other plug-in models are being rendered unprofitable by rising raw material costs. “We actually had a positive bottom line profit when we launched the Mach-E, commodity costs have wiped that out,” Chief Financial Officer John Lawler said Wednesday at the Deutsche Bank Global Automotive Conference, referring to 2020, when the vehicle went on sale. “You’re going to see pressure on the bottom line when we launch our EVs, they’re not going to be positive.” link: https://finance.yahoo.com/news/ford-mustang-mach-e-profit-170117652.html

Git r done! I need these used F-150 prices to come down.

Looks like my next pickup in 2040+ will be a Tundra instead of a F-150.

Six Major Automakers Agree to End Gas Car Sales Globally by 2040 "However, the governments of three of the most significant car markets—the United States, China, and Japan—refrained from joining the pledge, as did major automakers such as Toyota, Volkswagen, and Nissan-Renault." https://www.caranddriver.com/news/a38213848/automakers-pledge-end-gas-sales-2040/

Another error by Roman at TFL... Tanner Sterling2 days ago Just a FYI that this truck was never at Hastings Ford Lincoln in Nebraska. You should ask your selling dealer to recheck where they actually got that truck from. I can tell you that is was never in Hastings, NE and it originated in a completely different state. A simple Google search of the VIN shows that it was also at another dealership, also in that state, not Nebraska. Please stop referencing the Ford store in Hastings, NE as your video is creating an injustice to the wonderful people that work at that dealership. ----------- The Fast Lane Truck 1 week ago (edited) Correction: The Ford Dealership in Hastings, Nebraska contacted us and said they never had this truck in their possession but that it came from a dealership in Kansas. The dealership we purchased the truck from fixed the Raptor and now the mirror switch works.

James Phieffer1 day ago There's a lot of whining in this video. Roman didn't do his homework, and now is paying for it. He bought a truck that was likely driven by various sales people, hence the mileage. And the mirror switch was broken, which he would have noticed if he did something as basic as adjust his mirrors before he drove off the lot. And then he makes this huge fuss over "I was told it was a 2020", as if he'd somehow been lied to - and shows us the door sticker, that tells us it's a 2020, built in November '19. And if this dealership is right next door, and they're great, then why didn't he talk to them first? This is why I tend to ignore TFL posts with Roman. He's just gotten really whiny. I'll stick with the rest of the crew.

Roman and his guys mess up again, don't do their homework and Roman takes no responsibility. I'm just saying.

#Ford #F150 #Raptor We Just Bought A Brand New Ford F-150 Raptor, And It Was A PAINFUL Experience: Here's What Happened!

About 150 General Motor Co. dealers are parting ways with Cadillac instead of investing in costly upgrades required to sell electric cars, according to FOX Business. GM recently gave the dealers the choice: accept a buyout ranging from $300,000 to more than $1 million to exit the brand or spend about $200,000 to upgrade their dealerships for the sale of electric vehicles. About 17% of Cadillac’s 880 US dealerships agreed to take the offer to end their franchise agreements for the luxury brand, because many of them own other GM brands like Chevrolet and Buick and don’t sell many Cadillacs. That decision illustrates that even as the value of electric vehicles rises, many car industry insiders remain skeptical about selling and investing in the products. Dealers are weighing costly facility investments like electrical-system upgrades against uncertainty about demand for the vehicles, which now account for about 2% of U.S. vehicle sales. Some retailers say they are putting off orders of electric models, worried they will sit too long on their lots. Even in markets where electric vehicles are more popular, like San Francisco, dealers say the lack of commuting during the pandemic has led to a drop off in demand for cars like GM’s Chevrolet Bolt. https://nypost.com/2020/12/06/unplugged-cadillac-dealers-ditch-brand/

1. 2020: https://www.newswire.ca/news-releases/steelworkers-union-hails-victory-in-aluminum-dumping-case-811682301.html Steelworkers Union Hails Victory in Aluminum Dumping Case NEWS PROVIDED BY United Steelworkers (USW) Jan 16, 2020, 06:00 ET "OTTAWA, Jan. 16, 2020 /CNW/ - The United Steelworkers (USW) union is hailing a ruling by the Canadian International Trade Tribunal (CITT) to prevent the dumping of Chinese extruded aluminum products into the Canadian market. In its ruling released this week, the CITT renewed a previous order that unfair dumping of subsidized Chinese exports of aluminum extrusion products threatens the viability of Canadian producers and the jobs of their workers." 2. This is the Chinese plan. Send aluminum to Canada to become Canadian ‘aluminum’ to be shipped to the US. But it hurts Canadian companies, too. 3. But Canada said it was tariffing China? China can send it to a third country like Britain and then it becomes British steel. 4. Also China could pay the Canadian tariffs and use other unfair practices such as massive subsidies, currency manipulation, or sell it below cost and flood the market to drive everyone out of business. 5. This also doesn't address that Canada promised not flood the market WHEREVER it came from before they signed the deal in the first place. And the fact that the deal included steps to monitor for and avoid import surges. 6. No evidence? In May 2020 aluminum from Canada surged 87% when compared to the 12 months prior. In June it was the highest since they have been trying to get it down. 7. But Trump is mean and going back on the deal? Wash Post reports: "Trump’s reimposition of tariffs doesn’t violate the new trade deal — known as the United States-Mexico-Canada Agreement — because the ability to impose tariffs is covered in a side deal. 8. I know some people like to put blame on the US for everything and excuse socialist Canada and take the side of Communist China, but it is more complicated than just one side is being unfair, orange man mean. 9. As for Ford F150s, Ford address this on the 2015 F150. Cost goes up only a little for alum. They sell one extra gizmo and it pays for it and they make even more profit than before without the added cost of aluminum.

It's Canada going back on the deal. Chinese aluminum is being routed through Canada to evade import tariffs.

With a MY sticker from a dealer lot. Farley hasn't released Roman from Ford jail yet.

More articulation and better ride I guess.

Forgot to tell you. Thanks for posting this back in July.

Over here it's the same. A Quick Lane just means they can do some things faster without an appointment.

Couple more points. From Yahoo Finance: Ford’s Jim Hackett had a bold vision—but couldn’t improve this all-important financial metric A key metric shows that Ford’s numbers got worse under Hackett’s leadership. The yardstick is Cash Operating Return on Assets, or COROA, developed by leading accounting expert Jack Ciesielski. COROA measures the cash generated from all the factories, inventories and other assets invested in the business. Those total assets are the denominator. For the numerator, COROA uses cash from operations, but eliminates the effects of leverage and taxes by adding back cash payments for both to get “Operating Cash Flows.” What you see from COROA is a pure measure of management’s stewardship of all the dollars entrusted to them by shareholders. For 2016, the year before Hackett took charge, Ford had an average of $266 billion in total assets on its balance sheet (including accumulated depreciation). It recorded $19.85 billion in cash from operations from those investments for a return of 9.2%. By Big Manfacturing standards, that number seemed middling. It trailed auto parts-maker Borg Warner by a wide margin, but almost matched conglomerate Danaher (9.2%) and edged out GM (8.6%). But over the three years spanning 2017 to 2019, while Ford swelled its balance sheet, it produced less cash from all the extra investment. Over that period, its total average assets rose from $266 to $290 billion, or 9%, while its operating cash flow fell by $2.2 billion, to $17.64 billion. In other words, it posted a negative return of 8.5% on the $26 billion in added assets. As a result, its COROA dropped from 9.2% in 2016, to 8.2% in 2019. [cut] That Ford has long been generating inadequate returns on capital, and that those returns are falling, is reflected in its stock price. At the close of 2019, its shares stood at $9.30, their level in 1987. In the pandemic crisis, Ford’s shares have sunk to $6.84, dropping its market cap by one-fourth to just $27.2 billion. Even at these levels, though, Ford is not a buy. The reason is fundamental: It’s stuck in a ferociously competitive, low-margin business. It also faces governments and unions that pressure automakers to keep outdated factories running to preserve jobs, and impose three levels of regulations governing emissions, safety and fuel efficiency. Plus, competitors are constantly launching hot new models, and matching or beating them requires multibillion investments that take years to pay off. Ford’s best option for getting profitable is getting smaller. It can get there if it focuses in two areas, its highly lucrative SUV and truck brands, and electric cars that promise big growth in the years ahead. That course would force Ford to forget about building a glorious future to match its storied past—and instead settle for building a steady, reliable vehicle that can stay on the road. https://finance.yahoo.com/news/ford-jim-hackett-had-bold-211518776.html ------------ And Motley: Ford getting third CEO in four years When Jim Hackett replaced Mark Fields in 2017, investors were hopeful he would be able to successfully accelerate Ford's shift to the future of transportation and return to the days of profitable growth that have evaded the company since Alan Mulally retired in 2014. After just over three years in the driver's seat, Hackett's run as CEO is set to end on Oct. 1, with, at best, mixed results. Hackett came in with the explicit goal of accelerating Ford's development of electric and autonomous vehicles and making the company more nimble and profitable. He's achieved the former, but the latter has, so far, evaded the company. Longtime Ford and former Toyota executive Jim Farley has been tapped as Hackett's replacement. Farley has been at Ford since 2007 and was named CFO earlier this year in a move that was expected to be at least partly an audition for the top job down the road. https://www.fool.com/investing/2020/08/04/sp-500-news-amd-stock-surges-disney-loses-billions.aspx 3 CEOs in 4 years? That doesn't sound like that was the plan.

From the sites Ford banned? and some commentary: Ford CEO Jim Hackett Is Out Ford CEO Jim Hackett is retiring, the company announced today. He will be succeeded by Jim Farley, the company’s COO, on October 1, in a succession that seems a little earlier than expected. Farley, 58, was elevated to COO in February. Many assumed then that it was a precursor to his eventual elevation to the top job. I don’t think many thought it would be this soon. https://jalopnik.com/ford-ceo-jim-hackett-is-out-1844604414 mdensch: Agreed. Fields was a car guy, he got it and had a passion for it. I honestly don’t think Hackett ever understood that the company he headed made products people feeling deeply about. Cars aren’t file cabinets. AnalogMan: This was inevitable. He was given one and only one mandate from the Ford family: jack up the stock price. As much as possible, as quickly as possible, doing whatever it took. He didn’t do that. Ford’s stock price is down about 50% over the past year, and is half of what it was when he got the job. I’m surprised they gave him as much time as they did. But then, it’s because he’s a personal friend of Bill Ford Jr., which is why he got picked for the job in the first place. Maybe this is one of those times when the stock market knew what it was doing, and saw through his charade of cutting employees, cutting products (like eliminating cars from the US market), and name games with the Mustang Mach-E. What company has ever shrunk to greatness? This is what happens when you take someone whose experience was selling metal office furniture and make them CEO of a car company. It’s a little more complicated to build and successfully sell cars than desks and filing cabinets. I don’t know if Farley will be any better. I’m sure he has the same single objective the Ford family gave to Hackett - get the stock price up. Fast. Ford will be sold within two years. Maybe sooner. The buyer will be either VW (most likely) or BMW. The Ford family wants out of the car business, and the higher the stock price, the more money they’ll make on the deal. 8 AnalogMan Agreed with everything except that last paragraph not because you’re wrong, I have no idea, but because this is a huge prediction that is going to take a lot to accomplish. --------------------------- And TFL: Ford CEO Jim Hackett Announces Plan To Step Down — COO Jim Farley Will Take Over On October 1 In a surprising announcement Tuesday, three-year Ford CEO Jim Hackett will step down October 1, as the company’s massive restructuring plan has so far failed to pass muster with shareholders. https://www.tflcar.com/2020/08/ford-ceo-jim-hackett-stepping-down-news/ ------------------------ Maybe Roman will get freed by Farley now? TFL is still in Ford jail it appears.

Here's a couple more pieces on the stock price and how his plan was to stay on the job in February. First from the IBD just in... Doubts Over Ford's Restructuring Claim Second Straight CEO Licensing APARNA NARAYANAN 04:00 PM ET 08/04/2020 Ford Motor (F) CEO Jim Hackett will abruptly retire in the midst of an ambitious $11 billion restructuring, as Wall Street and investors fret it isn't happening fast enough. Ford stock rallied. [cut} Ford Stock Rallies Shares rose 2.5% to 6.86 in Tuesday's stock market trading. Ford stock is forming a cup base with a 7.84 buy point within a larger consolidation, according to MarketSmith chart analysis. The consolidation has formed above the 50-day line but under the 200-day average. Rival General Motors (GM) added 0.6%. Ford stock had been ailing even before the deadly virus outbreak. The No. 2 U.S. automaker had struggled under Hackett's leadership with the botched launches of the Ford Explorer and other key vehicles. Ford suspended its quarterly stock dividend to conserve cash while partnering with Volkswagen (VWAGY) and Intel (INTC) unit Mobileye in a costly and challenging shift to electric and self-driving cars. https://www.investors.com/news/ford-stock-rallies-ford-ceo-jim-hackett-retiring/ ---------- Second from MarketWatch: Here's how much Ford stock has lost under outgoing CEO Jim Hackett Ford Motor Co. executive-suite drama reached a pinnacle on Tuesday with the surprise departure of Chief Executive Jim Hackett. [cut] Under Hacket, who took the reins in May 2017, the stock has lost nearly 40%. Ford F, +2.54% shares rose on the news, and Ford stock on Tuesday topped a popularity chart among Robinhood app users. Ford stock has been among the most popular on Robinhood since the end of 2019. “Hackett was an unorthodox CEO pick to begin with, as an external candidate with no prior auto industry experience, and his tenure was marred by a deteriorating bottom line, as F’s adjusted EPS fell from $1.78 in 2017 to $1.19 in 2019," said analyst Garrett Nelson with CFRA. “While Ford’s new vehicle lineup has shown some promise with the Mustang Mach-E and Bronco, we think Farley will have his work cut out to ‘right the ship’, as Ford remains in the middle of a multi-year restructuring.” [cut] Ford under Hackett did a tad worse than Ford under Fields in terms of share performance and market valuation. The company’s shares lost about 36% under Fields’s leadership from 2014 to 2017. https://www.marketwatch.com/story/heres-how-much-ford-stock-has-lost-under-outgoing-ceo-jim-hackett-2020-08-04 ---------------------- Lastly, from CNBC: Ford’s Jim Hackett is out as CEO, to be succeeded by Jim Farley as restructuring plan fails to reignite stock https://www.cnbc.com/2020/08/04/ford-ceo-jim-hackett-to-retire-as-stock-lags-automaker-taps-jim-farley.html Since beginning to lead Ford in May 2017, Hackett, a former CEO of furniture company Steelcase, has done little to create confidence in the automaker on Wall Street — a reason his predecessor, Mark Fields, was ousted after a less than three-year tenure. Jim Hackett, incoming chief executive officer of Ford Motor Co., left, and Bill Ford, executive chairman of Ford Motor Co., laugh during an event at the company’s headquarters in Dearborn, Michigan, on Tuesday, May 22, 2017. Jeff Kowalsky | Bloomberg | Getty Images Shares of Ford are down about 40% under Hackett. The stock, which has a market value of $26.1 billion, is down 28% in 2020. Hackett previously had not expressed any interest in retiring. In February, amid an executive shakeup, he said, “I plan on staying in this job.” He cited a close relationship with Farley that would “realize the value” the company has been promising. [cut] Hackett has been criticized for his lack of transparency and leadership and for the execution of his multiyear restructuring plan that aimed to increase profitability by focusing on core products and all-electric and autonomous vehicles. “Hackett had a shot. He was there for three years, not really a car guy,” said David Kudla, CEO and chief investment strategist of Mainstay Capital Management in Grand Blanc, Michigan. “We struggled early on with what was his vision for the company.” ----------- So there you have it. Not planned. He wanted to stay. Not a car guy. He was a file cabinet guy. Stock price a huge reason for his departure.

Thanks for the info. FordBuyer said it was more than just the stock price, so that means the stock price was part of it. Just mentioning that because nobody else did. Then after Akirby's post I went back to look at the Hackett hiring articles and they all mentioned the stock price in the title or opening paragraph. Then went back 5 years just to find out if he was able to grow the share price or not or if the price didn't just decline because of the pandemic. Shareholders have lost HALF of their Ford stock in the last five years, excluding dividends. I'm not a Hackett hater like papajim, but you cannot build a company like that. If Farley cannot raise share prices he'll be gone in less than 3 years. Three seems to be the magic number at Ford's corner office these days.

Read a couple articles on it from when he was hired. It doesn't say temporary, but I'll take your word for it. Here's the opening paragraph from Auto News: DETROIT -- Ford, in a sweeping management shake-up, named Jim Hackett, former CEO of Steelcase, as its new chief executive, replacing Mark Fields, who is stepping down amid pressure from shareholders over a slumping stock price and during a period of rapid transformation and disruption that is rocking the auto industry." https://www.autonews.com/article/20170522/OEM02/170529994/fields-departs-in-shake-up-ex-steelcase-head-jim-hackett-named-ceo Also in the WSJ, it says on the Hackett hire: "Ford Replaces CEO Mark Fields With Jim Hackett Amid Pressure on Profit Move comes amid a significant decline in share-price value during CEO’s three-year tenure" https://www.wsj.com/articles/ford-to-replace-ceo-mark-fields-with-jim-hackett-1495441372 The NYT said he was hired to be the fix it. Maybe he fixed something, but he didn't fix the stock price. It said Ford shares rose 2.1 percent to close at $11.10 in New York on the hire. It is now $6.82 and has been on the decline for the last 5 years or so. https://www.google.com/search?q=ford+stock&oq=ford&aqs=chrome.0.69i59j46j69i60l3.2104j0j4&client=ms-android-americamovil-us-revc&sourceid=chrome-mobile&ie=UTF-8