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Gurgeh

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  1. Gurgeh

    Goodbye Continental

    Well, this thread is about Lincoln sedans, and the basic problem is that Lincoln doesn't sell in Europe where sedans remain popular. Audi, MB, BMW etc. have a large home market region that justified the continued development and sale of luxury sedans. Much tougher to do if your home (and almost only) market is North America. Lincoln had started to make major inroads into China, another big sedan market, and the Continental was really designed with the Chinese market in mind. But then the trade wars, the emergence of the new coronavirus out of Wuhan, the global recession, and pow.
  2. I am skeptical on how fast the BEV transition will take place, but the "if 50% starting now and continuing on" criteria is misleading. That is sort of like saying that if you were walking to the door to leave your house and that if with each step you got half way there, you would never leave the house. When BEVs are fully competitive with ICE in both capability and price their sales will quickly rise to 50%, and then keep rising. They won't stay at 50% for 35 years.
  3. Plus, middle class families can no longer afford to live a middle class lifestyle in SF or the south bay area of Fremont/Alameda County (where Tesla is headquartered). In recent years there has been a surge of people leaving the region for areas where they can get affordable housing and a lower cost of living, and where they can provide better opportunities for their families. Nevada and Texas are two of the top destinations for this exodus. A decision to move would be made even easier if it was your employer urging the move, guaranteeing a job at the new location. See for instance: https://www.mercurynews.com/2020/01/09/not-the-golden-state-anymore-middle-and-low-income-people-leaving-california/ "U.S. Census Bureau numbers show that the middle- and lower-classes are leaving California at a higher rate than the wealthy. Many who have left in recent years say they simply couldn’t afford to stay... "In the second quarter of 2019, the San Francisco Bay Area topped Los Angeles, Washington and Chicago when it came to people leaving major U.S. cities. It was second only to New York City. More than 28,190 people departed the Bay Area during those three months, close to double 2017’s rate, according to a regular migration report from real estate brokerage Redfin... A recent Edelman Trust Barometer survey found 53% of residents and 63% of millennials were considering leaving the country’s most populated state because of its high cost of living. "Between 2010 and 2017, negative domestic migration to the state increased annually, according to the California Association of Realtors. In the same period, the median cost of a home in California doubled; in the Bay Area, it tripled. 'About 32% of households in California can afford to buy a median-priced home, which is around $600,000,' said Oscar Wei, the realtor association’s senior economist and director of research. 'Compared to 2012, we were at 52% (across the state). In San Francisco and San Mateo only 12 or 13% of residents can afford to buy a median-priced home there.' "
  4. Ford executives have emphasized that a Lincoln BEV is still coming, and soon, despite the cancellation of the Rivian-derived vehicle. But what they are talking about is the second Lincoln BEV that has been in the works as a FMC product, building on the in-house technology first unveiled in the Mustang Mach-E. That will be a mid-sized Lincoln all-electric crossover being developed in tandem with a Ford product, and it should be arriving for probably MY2023. Ford insists that its cooperative work with Rivian continues and that a joint product might still arrive at some point in the future, but they currently emphasize more the chance to learn from Rivian in developing BEV technology than from using the Rivian skateboard for a near-term product.
  5. Remember that the joint project with Rivian was only one of the two Lincoln all-electrics planned for the next couple of years. The other is a mid-sized electric which, together with a Ford cousin, would be internally designed and developed (something that is well underway) and produced, building on the second generation of battery electric technology first unveiled in the Mustang Mach-E. So it won't be a reskinned MME. It might not be the large (and very expensive) flagship Lincoln envisioned in the Rivian-derived product, something that was rumored to be a replacement for the Continental, but the unveiling and release of this new mid-sized Lincoln electric was planned for the near future -- not more than a year or two away. Of course, with what's going on, things might get a little delayed, but I don't see this one getting cancelled as it represents the FMC electric future.
  6. Just checked, and you're right. The original large "full fat" Range Rover doesn't have a 3rd row option, which kind of surprises me. However, I remembered right about the Range Rover Sport, which falls in size mid-way between the full fat and Velar. From a dealer's website: LAND ROVER RANGE ROVER SPORT The Land Rover Range Rover Sport comes standard with seating for five passengers, but you have the option of tacking on a third row to increase the seating capacity to seven. On top of that, you’ll enjoy a max cargo capacity of 62.2 cubic feet
  7. When I was looking to buy a Range Rover Velar a year and a half ago (before I ended up going with the Nautilus), I understood that the larger Range Rover Sport could be ordered configured either with or without the 3rd row. And I think the original full fat Range Rover as well, though less sure about that...
  8. Gurgeh

    Ford 1st Quarter Sales

    Ranger, Transit and Aviator (which single handedly lifted Lincoln to +2.3% sales growth). Q2 should be awful, however.
  9. Was listening to Bloomberg business radio for a bit today. Markets this week are likely to be up 20% (still a bit of trading to go today). That's the biggest weekly rise in 8 years. And yet, markets remain more than 25% below their peak of just a month ago. That's the biggest monthly drop in a long time (I forget how many years they said). So, Bloomberg reporters provided this sage and jargon-free analysis: "we aren't out of the woods yet". This is may be a dead-cat bounce, the beginning of a sharp V-shaped recovery, the early stages of the south end of a U-shaped market, or the false recovery of what will be a long L-shaped down market. Be careful about trying to catch a falling knife, they warned, but no matter what you do don't miss market opportunities like this week! Huh.
  10. "...he said the company continues to hold discussions with government officials about making Tesla’s workspace safe while also continuing to run an operation Tesla deems critical to national infrastructure." (emphasis added) err, or would that be "critical to Tesla's income" (as blwnsmoke noted, "profits before safety.. or wait .. profits?") I think we finally see the downside of running a company like a ponzi scheme. Losing money on the cars themselves, but making up for it with stock offerings, advance deposits, debt, and credit sales.
  11. Closed yesterday at $5.01, dividend yield at 11.98%. One more down day and it is officially a penny stock. (Used to be a stock had to be valued at under $1 to be a penny stock; now the figure is generally considered to be under $5.)
  12. https://www.fool.com/investing/2020/03/15/should-you-buy-ford-motor-company-stock-now.aspx The case for buying Ford stock Strong balance sheet. New products on the way China is turning around. Future-tech investments will start paying off The case for buying Ford stock right now It's cheap. It pays a great dividend. The case against Ford stock right now Recession risk Management risk Should you buy Ford stock now? I think you could certainly do worse than to buy Ford stock right now, but I also think that you might do better if you wait. If the coronavirus outbreak pushes the U.S. economy into recession, as seems likely, you will almost certainly have the opportunity to buy it at a better price in a month or two. That said, I own Ford stock and have no plans to sell. If you already own Ford stock, I suggest hanging on to it. If you sit tight and reinvest that fat dividend through whatever economic storms lie ahead, you'll probably be pretty happy with the results when auto sales (and auto stocks) start to recover.
  13. Gurgeh

    1990 F150 fuel cross flow

    Might get more responses in the Ford forums instead of here in the Lincoln forums. But sounds like you're getting some good advice nevertheless.
  14. I like a CyberTruck joke as well as any other, but you guys are just being silly. It doesn't drive through deep water or walk on it. It transforms into a submarine.
  15. Agree. Note that it is "CCN" not "CNN".
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