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GM executives were shocked by Ford's mortgaging of everything


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How many times does it need to be pointed out that much of that debt is fully collateralized Ford Motor Credit debt? Nobody is ever going to force early collection on that.

 

Nobody will force early collection...? Of Course NOT!

 

We're talking about time EXTENTIONS... Yeah, THATS a BIG Deal!

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Panther? HAHAHAHAHAHAHAHAHAHA

 

:shades: You think its funny having every uniform in the country giving you the evil eye? :ohsnap:

 

Wait 'til they find out the other end of the "panther mafia" ( the ones in the Lincoln Town Cars ) is meeting to discuss "offing" the Board of Directors @ Ford for screwing the books up... :stirpot:

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Panther Mafia has been wrong about everything in the past 12 years of BON's exisitance, it's funny to see their dire predictions never coming true.

 

One change, I see many seniors driving crossover SUV's instead of Panthers, so there went one 'loyal owner base'. Go to Sun City AZ and count all the SUV's and minivans, Grand Marqs are what 80+ y/o's drive and they are gradually losing driving privileges. The upcoming 55-75 age group sees them as 'old people cars', which is why 2011 is the end of the line. By bye!

 

Even if for some awful reason they kept the cars, Ford would put V6's in them, no 5.4 or any other new v8's. Future is efficiency not gluttony.

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Extending time is not a sign of a solid AAA loan agreement anywhere except in Obama's USA.

 

AND, $34Billion of DEBT with $21Billion of cash on hand is still ( AT LEAST ) $13Billion in the hole!

AND I'm assuming those $21B on hand aren't somebody else's money!

 

 

Just come out and say it, do you think Ford will avoid bankruptcy?

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Just come out and say it, do you think Ford will avoid bankruptcy?

 

Do I think Ford CAN avoid bankruptcy? YES!

 

Do I think they will? Don't know.

 

When a business man loses sight of the difference between a a customer

with cash and one with plastic... doesn't matter what business your in, your done.

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I don't want to see anymore debt to equity swaps. I think Ford has done a great job of managing the crisis, but I also think Ford's successes have been hyped up by the media. I don't think bankruptcy is on the horizon but there is still much work to be done.

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I don't want to see anymore debt to equity swaps. I think Ford has done a great job of managing the crisis, but I also think Ford's successes have been hyped up by the media. I don't think bankruptcy is on the horizon but there is still much work to be done.

What?

 

WHAT?

WHAT?

 

Are you KIDDING ME?

 

You would RATHER Ford continue to carry DEBT than issue SHARES?

 

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Lutz was the mastermind behind FOE jellymould Sierra, it had the same running gear as a Cortina with a pig ugly bodyshell instead, and Ford UK's market share dropped from 32% to 16% as a result of his midas touch.

Meanwhile FWD products such as the Bora/Jetta/Golf/Rabbit propelled VW to the top of the heap in Europe.

 

Just let it go.

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ring-a-ding-do.

 

Explain to me how stock dilution impacts Ford's ability to compete in the market place.

 

Now explain to me how carrying a couple hundred million in interest payments every quarter helps Ford compete.

 

I am looking at the situation from an investor's standpoint. Starting to wonder if F will ever pay a dividend again. In the long run, significant dilution could affect Ford's ability to raise more capital. Not saying that is a factor now.

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I am looking at the situation from an investor's standpoint. Starting to wonder if F will ever pay a dividend again. In the long run, significant dilution could affect Ford's ability to raise more capital. Not saying that is a factor now.

Ford did a $3B debt for equity swap that didn't even budge the market last May.

 

Besides, of all the people that Ford needs to please, investors are (IMO) deservedly far, far, far down the list.

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Meanwhile FWD products such as the Bora/Jetta/Golf/Rabbit propelled VW to the top of the heap in Europe.

 

 

We are Talking Fords, Escort followed the Cortina/Taunus as Europes No1 best selling car in in Europe not a VW Richard, something both the Mondeo and Focus have not done for Ford in Europe.

 

Daily Telegraph Reports...

 

Cortina Simply Brilliant....

In the Sixties and Seventies, Ford's Cortina broke almost every record. It was the firm's fastest-selling model and it won saloon car races all around the world.

 

The Cortina dominated the business category like no other model, before or since. No wonder the motor industry invented a new category to talk about and design for - they called it the "Cortina class". In Britain, there were times when one in every six new cars sold was a Cortina.

 

It was Britain's best-seller from day one - the first million took less than four years to build, and in the best year of all, 1979, nearly 200,000 found a home in Britain alone. Until the Sierra took over in 1982, it never faltered.

 

The Cortina philosophy, quite simply, was to offer space, comfort, simplicity and easy-to-service reliability, all at the lowest cost.

 

Cortina success helped to sweep Ford to the top of British sales charts in that decade, a position that it has never lost.

 

Today's Ford salespeople would no doubt love to repeat that sort of fame, but as the blue oval no longer produces cars at Dagenham, or indeed in Britain, that looks unlikely. Even now, two decades after the last Cortina rolled off the production line, it has no rival.

LINK

 

 

 

 

 

Ford Cortina sold 200,000 cars in the UK in 1979 when it was facing the axe Richard with 16,500 sales a month in the UK.

 

Today the Mondeo has sold just 1,000 a month in the UK so far this year, and 6,500 to the whole of Europe in February despite the market being two times bigger today and without British Leyland to contend with.

 

Please give the Cortina some credit please Richard.

Edited by Ford Jellymoulds
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Nope. That market share went somewhere. It went to VW's FWD products.

 

So you are happy with the fact it now takes Ford 200 Mondeo months of sales to sell what Ford used to sell in 12 Cortina months car saleswise?

 

Ford used to 16,500 Cortina's a month just to the UK

 

Ford today sells 6,500 Mondeo's to the "whole of Europe" in February 2010 at that makes it alright?

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About the time Ford Europe came under Mr. Lutz's influence?

No doubt that his contribution hastened Ford's demise in market leadership.

 

I like Richard a lot but he seems to think that VW or the FWD VW Golf was not about in the Cortina days, the Cortina/Taunus had been kicking the FWD Golf sales into touch since 1974 in Europe where the Cortina/Taunus were Europe No1 best seller until Lutz's pet project the pig ugly Sierra LOST Ford the market share, VW didnot win this market share from the Cortina but they did win it from Lutz's pig ugly Jellymould Sierra.

 

Lutz effect on Ford UK's market share 32% down to 16% overnight, Fords sales were all lost in one class of car "Lutzs Sierra jellymould class".

Edited by Ford Jellymoulds
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Part of the problem was that Ford EU had dropped the ball with engines. They were way too late to show up with 16-valve DOHC 4's and 24-valve DOHC V-6's.

 

Please stop obsessing about the Mondeo. The Mondeo is now a mid-size sled, like the BMW 5-series and the Audi A-6. With Volvo out of the way, Ford can now work on enhancing the Mondeo.

 

The Focus is today's Cortina. Mass market.

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I am looking at the situation from an investor's standpoint. Starting to wonder if F will ever pay a dividend again. In the long run, significant dilution could affect Ford's ability to raise more capital. Not saying that is a factor now.

 

What?? (Again). As an investor, you're MORE worried about when the dividend is going to come back than you are about the stock price? Through one of the roughest 12 month stretches in the economy and car sales, F went from 52 week low of 2.09 to today's close of 13.49.

 

So, to avoid "dilution" (which ultimately, has NO bearing on whether or when the dividend comes back--only how much the dividend would be IF it came back), you'd rather Ford continue to pay massive interest payments?? (Mind you, hundreds of millions of interest payments still means the same debt is sitting there!)

 

As Richard pointed out, the fatal flaw in your concern is that F did a $3B debt-to-equity and the share price barely blipped. You simply have a classic case of not seeing the forest for the trees and it's scary that you're investing your (your family's, if you have one) money, but don't realize this.

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