fuzzymoomoo Posted August 1, 2017 Share Posted August 1, 2017 The media has been tanking. yes the have Quote Link to comment Share on other sites More sharing options...
rmc523 Posted August 1, 2017 Share Posted August 1, 2017 (edited) you sure you aren't thinking of the new plant in San Louis Potosi? Yup. I'll see if I can find the article... here it is: http://billingsgazette.com/business/investment/markets-and-stocks/why-ford-s-decision-to-move-the-focus-to-china/article_1f3c0482-bd13-5b32-87f3-21c80b453622.html So why did all of that lead Ford to take a $248 million charge? I asked Ford's chief financial officer, Bob Shanks, to explain: We made announcements [earlier this year] around not building the Focus in Mexico, at Hermosillo. Instead, it'll be coming primarily from China, where we have our biggest global footprint for Focus production in the world. Some will come from Europe as well, but a little bit later than the initial job one. We had already done some work on the next-generation Focus in Hermosillo, so this [one-time charge] is a recognition that while we can reuse some of the tools and some of the other things that we had started to invest in there, some of what we did we can't or won't reuse. This is just the write-offs of that. And there's a little bit of that also in South America, because we have decided we're not going to invest in South America for local production of the next-generation Focus. Long story short: Ford had begun ordering new tooling or doing some work at the Hermosillo factory to build the Focus, and some of that work and tooling is now being written off, as is a small amount of work that had been done in South America. Those write-offs are the reason for Ford's $248 million second-quarter charge. Ford said this past week that it took one-time charges totaling $248 million against its second-quarter earnings to cover the costs of its decision to move production of the next-generation Focus out of North America. Edited August 1, 2017 by rmc523 Quote Link to comment Share on other sites More sharing options...
bzcat Posted August 1, 2017 Share Posted August 1, 2017 (edited) I think after Saint Luis Potosi was canceled, Ford initially planned to move Focus to Hermosillo. But the possibility of bring Mondeo from Spain to Mexico, and the added capacity lift in China for Focus means Focus no longer needed at Hermosillo. The decision to skip new Focus in South America is interesting. I wonder if they will get the next gen Escort instead. Edited August 1, 2017 by bzcat Quote Link to comment Share on other sites More sharing options...
akirby Posted August 1, 2017 Share Posted August 1, 2017 I think after Saint Luis Potosi was canceled, Ford initially planned to move Focus to Hermosillo. But the possibility of bring Mondeo from Spain to Mexico, and the added capacity lift in China for Focus means Focus no longer needed at Hermosillo. The decision to skip new Focus in South America is interesting. I wonder if they will get the next gen Escort instead. That makes sense. Folks need to remember that Ford is global and as such they are looking to maximize their global production including moving vehicles to other plants/continents to consolidate global production or to make room for new models. Quote Link to comment Share on other sites More sharing options...
silvrsvt Posted August 1, 2017 Share Posted August 1, 2017 Well there goes some of that cost savings they where talking about when moving it to China...damn Quote Link to comment Share on other sites More sharing options...
akirby Posted August 1, 2017 Share Posted August 1, 2017 Well there goes some of that cost savings they where talking about when moving it to China...damn Huh? They're still eliminating one Focus plant (temporarily). Quote Link to comment Share on other sites More sharing options...
rmc523 Posted August 1, 2017 Share Posted August 1, 2017 (edited) Well there goes some of that cost savings they where talking about when moving it to China...damn Well, wasn't it $1B total savings ($500M for cancelling Saint Luis Potosi, and another $500M by moving to China or something like that?), so this would knock off a quarter of that, meaning $750M? Edited August 1, 2017 by rmc523 Quote Link to comment Share on other sites More sharing options...
rmc523 Posted August 1, 2017 Share Posted August 1, 2017 Huh? They're still eliminating one Focus plant (temporarily). He knows that, I think he was saying because the previous numbers didn't account for the cost of what they had already done to Hermosillo Quote Link to comment Share on other sites More sharing options...
mackinaw Posted August 1, 2017 Share Posted August 1, 2017 We haven't seen any timeline or suggestion that Flat Rock is ready to start production of Model E in 2019. Here's something interesting. The Model E won't be one vehicle, but a line of vehicles. Expect a CUV and compact sedan first. Quote Link to comment Share on other sites More sharing options...
silvrsvt Posted August 1, 2017 Share Posted August 1, 2017 He knows that, I think he was saying because the previous numbers didn't account for the cost of what they had already done to Hermosillo Exactly....plus how much was spent at the plant that was started? Wasn't that another expense they had to write off? Quote Link to comment Share on other sites More sharing options...
akirby Posted August 1, 2017 Share Posted August 1, 2017 Exactly....plus how much was spent at the plant that was started? Wasn't that another expense they had to write off? I think it was a few million. Quote Link to comment Share on other sites More sharing options...
630land Posted August 2, 2017 Share Posted August 2, 2017 (edited) There is a 2018 Taurus order guide, so at least one more model year. "Ice capades" posted it awhile ago. Some posts made it sound like "goes away for 2018". Edited August 2, 2017 by 630land Quote Link to comment Share on other sites More sharing options...
rmc523 Posted August 2, 2017 Share Posted August 2, 2017 There is a 2018 Taurus order guide, so at least one more model year. "Ice capades" posted it awhile ago. Some posts made it sound like "goes away for 2018". They probably meant IN 2018. Quote Link to comment Share on other sites More sharing options...
fuzzymoomoo Posted August 2, 2017 Share Posted August 2, 2017 There is a 2018 Taurus order guide, so at least one more model year. "Ice capades" posted it awhile ago. Some posts made it sound like "goes away for 2018". I've been saying 2018 is its last year. Not sure where you got that idea from. Quote Link to comment Share on other sites More sharing options...
Joe771476 Posted August 10, 2017 Share Posted August 10, 2017 I haven't seen anything about the future of the Taurus PI. Municipal depts. (as in city and towns here in CT) are overwhelmingly embracing the Explorer.. However CT State Police love their car-based PI's and are buying Taureses and still holding onto their beloved Crown Vics as long as they move from point A to Point B! Is Ford going to do the same thing they did with the CV's and make only Tauruses for the police market? Quote Link to comment Share on other sites More sharing options...
rmc523 Posted August 11, 2017 Share Posted August 11, 2017 I haven't seen anything about the future of the Taurus PI. Municipal depts. (as in city and towns here in CT) are overwhelmingly embracing the Explorer.. However CT State Police love their car-based PI's and are buying Taureses and still holding onto their beloved Crown Vics as long as they move from point A to Point B! Is Ford going to do the same thing they did with the CV's and make only Tauruses for the police market? Nope, there's no way they dedicate factory space to it. Quote Link to comment Share on other sites More sharing options...
atomcat68 Posted August 11, 2017 Share Posted August 11, 2017 I haven't seen anything about the future of the Taurus PI. Municipal depts. (as in city and towns here in CT) are overwhelmingly embracing the Explorer.. However CT State Police love their car-based PI's and are buying Taureses and still holding onto their beloved Crown Vics as long as they move from point A to Point B! Is Ford going to do the same thing they did with the CV's and make only Tauruses for the police market? I thought there would be a Fusion police car. Quote Link to comment Share on other sites More sharing options...
rmc523 Posted August 11, 2017 Share Posted August 11, 2017 I thought there would be a Fusion police car. Ford showed a Fusion Hybrid police model a few months ago. Quote Link to comment Share on other sites More sharing options...
sullynd Posted August 11, 2017 Share Posted August 11, 2017 Ford showed a Fusion Hybrid police model a few months ago. Yeah, Police Responder Hybrid Sedan. There's also the Police Responder Truck Quote Link to comment Share on other sites More sharing options...
ice-capades Posted August 11, 2017 Share Posted August 11, 2017 (edited) I haven't seen anything about the future of the Taurus PI. Municipal depts. (as in city and towns here in CT) are overwhelmingly embracing the Explorer.. However CT State Police love their car-based PI's and are buying Taureses and still holding onto their beloved Crown Vics as long as they move from point A to Point B! Is Ford going to do the same thing they did with the CV's and make only Tauruses for the police market? Most municipal and government agencies in Connecticut are now buying the Police Interceptor Utility (Explorer) instead of the Taurus based model. The Explorer gives them a lot more storage room and is more comfortable. Edited August 12, 2017 by ice-capades Quote Link to comment Share on other sites More sharing options...
jpd80 Posted August 12, 2017 Share Posted August 12, 2017 So basically, PDs have overwhelmingly chosen Explorer er, PI Utility over PI Sedan and made the decision easy for Ford. I was thinking that Fusion hybrid would make an excellent prowl and non-pursuit vehicle.. Quote Link to comment Share on other sites More sharing options...
ice-capades Posted August 12, 2017 Share Posted August 12, 2017 The Fusion Police Responder Hybrid Sedan won't be available until the 2019 Model Year. Attached is a copy of the 2019 Police Responder Order Guide. 2019 Police Responder Order Guide.pdf 1 Quote Link to comment Share on other sites More sharing options...
jpd80 Posted August 12, 2017 Share Posted August 12, 2017 (edited) Thanks for that, I read recently that San Francisco (?) were using some regular Fusion Hybrids for Police Duties so maybe they're the precursor to the actual PD units that give valuable feedback.... Edited August 12, 2017 by jpd80 Quote Link to comment Share on other sites More sharing options...
2b2 Posted August 12, 2017 Share Posted August 12, 2017 ice-capades, is it 'remarkable' to have any OG, even a LEO one, come out this far in advance? & could there still be MAJOR changes, like the engine used?? Quote Link to comment Share on other sites More sharing options...
ice-capades Posted August 13, 2017 Share Posted August 13, 2017 ice-capades, is it 'remarkable' to have any OG, even a LEO one, come out this far in advance? & could there still be MAJOR changes, like the engine used?? No question that having the 2019 Police Responder Order Guide released so early is a big surprise! It was actually released on 05/25/2017. Perhaps the Police Responder will launch along with the next generation Fusion which is certainly due sooner rather than later. And with the Police Responder Order Guide being released so early, it's entirely possible that there will specification changes prior to the Job #1 Date. Time will tell. 1 Quote Link to comment Share on other sites More sharing options...
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