Seeking Alpha

Ford gobbles up more market share in Europe

  • Ford (F) says it increased sales in the top 20 European markets by 9.2% in January to 80,800 units.
  • The automaker's pace of sale is close to double that of the overall market.
  • Germany was a highlight for Ford in January with sales up 38% Y/Y.
  • F +0.4% premarket
Comments (8)
  • Ford Man 26
    , contributor
    Comments (57) | Send Message
     
    when, oh when will the market value this company for what it's really worth . . . .
    14 Feb 2014, 08:24 AM Reply Like
  • MrMatt
    , contributor
    Comments (1348) | Send Message
     
    Later?
    It can take a while, automakers aren't particularly cool.

     

    At least there is a bit of a dividend to help tide us over.
    14 Feb 2014, 08:44 AM Reply Like
  • cbroncos
    , contributor
    Comments (1120) | Send Message
     
    As these news releases pile up many will soon realize that earnings this year will be greater than expected.
    14 Feb 2014, 08:53 AM Reply Like
  • Tdot
    , contributor
    Comments (4261) | Send Message
     
    Probably never. Ford cannot be valued like Toyota, for example, until they can out-Toyota Toyota. And Ford is far from being able to turn $12+ per share annually like Toyota.
    14 Feb 2014, 10:27 AM Reply Like
  • R K
    , contributor
    Comments (76) | Send Message
     
    It is a shame that the market is undervaluing F . I would expect that when F sales are released for Feb. and they are down ( weather related) , the stock will take a hit . After that look out, by year end in the 20's
    14 Feb 2014, 09:01 AM Reply Like
  • J38765
    , contributor
    Comments (288) | Send Message
     
    Ford lost north of of a billion dollars in Europe last year and will again this year. China sales while growing are not profitable. Ford's Achilles Heal is its lack of a coherent and functional global footprint. It is trying desperately to catch up, but it was so late coming to the party that may never happen.

     

    The second issue that has yet to impact Ford's performance, but will eventually is Ford's horrendous quality issues. It has been a bottom dweller in the JD Power and Consumer reports surveys for the last 4 years. History has shown that you can get away with shoddy quality for awhile, but it eventually catches up with you.

     

    Ford may get some short term bounces, but it is risky long term play.
    14 Feb 2014, 09:20 AM Reply Like
  • Jdeboer87
    , contributor
    Comments (254) | Send Message
     
    So profits are taking a hit this year because of all the new launches. The macro issues I am looking at are Europe coming out of a loss, China Growth and will the F-150 continue grow in North America. All of which seem to be moving in the right direction.
    14 Feb 2014, 10:16 AM Reply Like
  • Tdot
    , contributor
    Comments (4261) | Send Message
     
    The next 4 quarters are likely to show Ford announcing earnings less than 2013's, which is more than enough to frighten away the profit seeking short term investors. The headlines will obsess over Ford's "slipping" and "disappointing numbers", as they did with the January sales figures which were hobbled by harsh winter weather, and investors will continue to be nervous in spite of Ford's already-provided guidance. Ford said this would happen back in Mid-December.
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    Why are people still surprised that Ford shares are being punished? They are like a child being surprised by the punishment for doing something stupid or prohibited after being warned repeatedly not to do it.
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    WARNING! Ford shares may under-perform the market in 2014 due to investor reactions to reduced earnings, as a direct result of Ford's heavy capital expenses as a result of launching the highest number of new products in all of automotive history, and from the long expected closing of several old, outdated, unprofitable plants in Europe and Australia! If you want to invest in Ford, you need to be looking ahead at least 1-2 years before expecting substantial gains! Short term fluctuations from week to week and month to month are meaningless, and we don't know for sure if we are at the floor yet!
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    The only folks still getting into Ford these days are those long-term holders that are willing to ride the crazy-coaster through 2014, anticipating taking some short term "losses" while establishing positions for dividends, and looking forward to the hypothetically strong gains in 2015. But right now even those are waiting to see where the bottom is.
    14 Feb 2014, 10:34 AM Reply Like
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