NickF1011 Posted October 2, 2008 Share Posted October 2, 2008 http://www.msnbc.msn.com/id/26988898/ Only bright spot, Mulally says bankruptcy is unlikely.... :reading: Quote Link to comment Share on other sites More sharing options...
Ron W. Posted October 2, 2008 Share Posted October 2, 2008 http://www.msnbc.msn.com/id/26988898/ Only bright spot, Mulally says bankruptcy is unlikely.... :reading: Ford expects another tough year in 2009, Economic slump 'deeper and longer' than expected Yep, figure it's gonna :fan: before we can :happy feet: Quote Link to comment Share on other sites More sharing options...
Bored of Pisteon Posted October 2, 2008 Share Posted October 2, 2008 http://www.msnbc.msn.com/id/26988898/ Only bright spot, Mulally says bankruptcy is unlikely.... :reading: Anybody checked the stock price lately? Quote Link to comment Share on other sites More sharing options...
ANTAUS Posted October 2, 2008 Share Posted October 2, 2008 Bankruptcy is unlikely, but it'll be much more expensive for them to borrow money, IF they can even find it...so I wouldnt doubt if the next few redesigns are pushed out on a longer product cycle. I definitely do expect some smaller players to pull out of the market because of much lower sales (as in Isuzu). Fortunately, some automakers could pull out because they aren't heavily dependent on the U.S. market, while the larger players will have to hunker down thru this crisis. Quote Link to comment Share on other sites More sharing options...
mlhm5 Posted October 2, 2008 Share Posted October 2, 2008 It will be a tough year for all car manufacturers because many people have already decided they will let their current ICE vehicle run into the ground and their next car will be an EV or PHEV. Quote Link to comment Share on other sites More sharing options...
BORG Posted October 2, 2008 Share Posted October 2, 2008 It will be a tough year for all car manufacturers because many people have already decided they will let their current ICE vehicle run into the ground and their next car will be an EV or PHEV. Many people are just stuck in their vehicles becuase they drive SUVs/Trucks and the value has plumetted, and they know they aren't going to buy another truck or SUV and are sitting tight until they are able to unload their car without negative equity (as is my Dad). As always, there is going to be pent-up demand after a period of time, the volume slowdown right now is enormous and it will eventually bounce back! Quote Link to comment Share on other sites More sharing options...
atomaro Posted October 2, 2008 Share Posted October 2, 2008 It will be a tough year for all car manufacturers because many people have already decided they will let their current ICE vehicle run into the ground and their next car will be an EV or PHEV. It will be a tough year for anyone who manufactures anything. Quote Link to comment Share on other sites More sharing options...
sonofford Posted October 2, 2008 Share Posted October 2, 2008 Anybody checked the stock price lately? As of this writing, $4.46. Quote Link to comment Share on other sites More sharing options...
Ford Jellymoulds Posted October 2, 2008 Share Posted October 2, 2008 (edited) Are you in the market for a new car? * 1743 responses Yes, I'm looking 24% No 71% Looking but having trouble getting loan/credit 4.9% CNBC http://www.cnbc.com/id/26976399 With only 4.9% having problems getting loans/credit Credit, the No loans Credit Crunch does not appear to be hitting to many. Why are the 71% not interested l would like to buy a new Ford car, but Ford FOE don't make one car that interests me in the slightest so l will hang on to what l have got? http://news.bbc.co.uk/2/hi/uk_news/694881.stm It's all about Product Edited October 2, 2008 by Ford Jellymoulds Quote Link to comment Share on other sites More sharing options...
NickF1011 Posted October 2, 2008 Author Share Posted October 2, 2008 Holy crap, Jelly. You are the most repetitive person I've ever seen. Are you really a computer program sent to annoy us? Quote Link to comment Share on other sites More sharing options...
Ford Jellymoulds Posted October 2, 2008 Share Posted October 2, 2008 Holy crap, Jelly. You are the most repetitive person I've ever seen. Are you really a computer program sent to annoy us? Its all about Product Nicky Quote Link to comment Share on other sites More sharing options...
NickF1011 Posted October 2, 2008 Author Share Posted October 2, 2008 Its all about Product Nicky It's going to be all about selective editing of posts soon. :P Quote Link to comment Share on other sites More sharing options...
Ford Jellymoulds Posted October 2, 2008 Share Posted October 2, 2008 It's going to be all about selective editing of posts soon. :P No change there then Nick Quote Link to comment Share on other sites More sharing options...
NickF1011 Posted October 2, 2008 Author Share Posted October 2, 2008 No change there then Nick Just watch where you post it. So far it has been at least sort of somewhat related to the topic.... Quote Link to comment Share on other sites More sharing options...
Deanh Posted October 2, 2008 Share Posted October 2, 2008 It will be a tough year for all car manufacturers because many people have already decided they will let their current ICE vehicle run into the ground and their next car will be an EV or PHEV. bullshit. Quote Link to comment Share on other sites More sharing options...
Ford Jellymoulds Posted October 2, 2008 Share Posted October 2, 2008 CNBC Reports............... Auto Sales Numbers: No One's Even Looking To Buy. How bad is the auto business right now? Every automaker is feeling the pain, not just the Detroit 3. In the last week, showroom traffic (people simply visiting a dealership) is down 50% compared to the same time last year. I'm not trying to sound like a guy yelling fire in a theater. I'm simply relaying what I'm hearing from dealers across the country. http://news.bbc.co.uk/2/hi/uk_news/694881.stm Quote Link to comment Share on other sites More sharing options...
TStag Posted October 2, 2008 Share Posted October 2, 2008 I was talking to an accountant at work who just left a major US telecoms company. Said company is doing well, has made lots of cash. But tied it all up in financial investments. Now they are struggling with cash flow and are having to secure cash loans from banks on a daily basis. Frighting really because said company is very profitable but just has cash flow issues. Quote Link to comment Share on other sites More sharing options...
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