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EdwinJ44

EdwinJ44
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  • Rust issue prompts recall of 435K Ford vehicles [View news story]
    "Prone to rust"? Hell...the whole car is "prone to rust". They have a fund and insurance for recalls. Every car mfr. does. It's already been factored into the price. But bring the price of the stock down anyway. It's a good excuse for me to buy more a little later.
    Apr 7 03:28 PM | 2 Likes Like |Link to Comment
  • The automobile industry could be set for a boom, according to ConverEx Chief Market Strategist Nicholas Colas. The analysts thinks a mid-16M sales run in the U.S. is quite possible and the future beyond this year for the Big Three (GM, F, FIATY.PK]]) is even brighter with demand significantly pent-up. The secret weapon: If auto companies fire up aggressive leasing programs another one to two millions in units sold could occur. [View news story]
    Pent-up demand? Take a LQQk at Cuba...now there is pent-up demand. I sure hope we don't get as bad as Cuba with what is leading us in DC!
    Mar 8 01:09 PM | Likes Like |Link to Comment
  • More on Ford (F -1.7%): The automaker says it will build 800K vehicles in North America during Q2, up 9% from last year's production run. A Q1 production target of 770K vehicles is unchanged from prior guidance. (Previous: February U.S. sales[View news story]
    Production is easy...selling quality is what counts.
    I want my "WoW!" factor in quality finished products in the sold column, not in how many I can produce!
    As a residential home builder...I can finish 200 homes per month but if I'm only selling 125...what the hell am I going to do with the rest of them?
    Mar 1 10:55 AM | Likes Like |Link to Comment
  • Ford (F) says it will make a dollar-for-dollar match up to $750K for dealers that make investments to renovate their dealerships. While dealers polled at an industry convention were positive about the program, they are less than enthusiastic about Ford's push to make dealers more uniform in appearance. The company didn't disclose how much it expects to spend on the program. [View news story]
    I've never seen two McDonald's that LQQk exactly the same. Oh yes there is defiantly a theme but each one is different. They even sell bier (beer) in Germany. It does not sound like Ford is demanding or forcing any design changes but instead offering financial help if certain guide lines are followed. Now, if you like the guide lines and feel the time is right to renovate, great! Do it. If you don't like the guide lines and/or don't feel the need to renovate, don't. Simple! No need to throw darts...
    Feb 11 10:50 AM | Likes Like |Link to Comment
  • Automobiles with turbocharged engines are blasted by Consumer Reports for not living up to their expectations. Engineers found in detailed testing that the performance results from turbocharged four-cylinder vehicles underperformed on power and fuel economy. The development is important with close to 3M vehicles with turbocharged engines slated to be sold from automakers this year at elevated prices, including models from General Motors (GM), Ford (F), and Hyundai (HYLMF.PK) [View news story]
    Simply put:
    If everyone used the same test criterion the discussion would be over and CR would have no magazines to sell.
    Feb 5 10:21 AM | Likes Like |Link to Comment
  • General Motors (GM +1%) and Ford (F +0.8%) trade higher after posting strong U.S. sales for January. Both automakers showed broad gains (GM, F) across segments and brands, but aren't quite done yet with their promise that new model introductions slated for 2013 will resonate with consumers holding on to an aging fleet of cars. If there is a quibble from auto industry analysts, it's that sales numbers may have been pushed up a tad with potential December sales rolling into January as the fiscal cliff fiasco played out. [View news story]
    The 'pop' in the price is only temporary.
    Most of the time the price will either 'pop' up on good news...
    Or fall on the same report because of some innuendo in the report.
    It's always temporary!
    The all important thing is not this news but "What can you do for me next."
    The news is what HAPPENED in January. The real interest is what will happen in February!
    Feb 1 11:34 AM | Likes Like |Link to Comment
  • More on Ford's (F) Q4: Strong results in North America drove overall profitability with Europe piling up losses of $732M for the period. Total company production of 1.5M units was up 9% from a year ago. Ford China saw a 41% increase in sales and boosted its market share. For 2013, the automaker sees increasing market share in the U.S. and China while Europe stays the level. Full-year 2013 pre-tax profit of close to $8B is forecast. F +2.4% premarket. (PR[View news story]
    Not really getting crushed. This is not crushing!
    Price over extended...went up to fast.
    Bad news...Europe eating up profits.
    The entire stock market goes up...and then comes down...and then goes up...and then comes down.
    Use these downs to buy more stock or sell more puts.
    Jan 29 03:29 PM | Likes Like |Link to Comment
  • Despite beating profit expectations on the back of strong results in North America, Ford (F) could see some share price weakness after warning once again on sales in Europe, notes Douglas Kass. In early trading he's looking to be correct, Ford -1.7% premarket. [View news story]
    I have to admit that I'm not smart enough to know what's going to happen in the next few week (or anywhere in the future). All I know is that Ford has been around for a very long time and should be here for a very long time to come, esp. when we take into consideration F is finally very much aware of what it takes to design, build and sell motor vehicles.

    Henry started the assembly line and everyone copied that concept. The Japanese came in and proved that better quality and design sells more cars. It took the American companies way to long to catch on. Now Ford is doing the best job at being aware of what the compatition is up to and doing the same or better.

    You must be aware of what the leaders are doing and not be afraid of coping them or at least taking some of their ideas and improving on them. In the beginning everyone copied Henry Ford and now Ford must copy the Japanese and Germans to be able to remain, period! And they are doing a terrific job and should stay around with a much higher stock price!
    Jan 29 10:12 AM | 2 Likes Like |Link to Comment
  • A new consumer survey from J.D. Power indicates that consumers are shifting their buying preferences to picking vehicles with the right technology features and cozy interior design over reliability and safety ratings. One industry insider estimates a shift to leather-wrapped interiors and ambient lighting can add six to eight percentage points to profit margins if executed right. [View news story]
    Why drive something you don't like or want? The only way to LQQk at is to get the car you really want and pile on all the amenities!
    THE PAYMENTS ARE THE SAME! (There are just more of 'em.)
    Jan 25 01:00 PM | Likes Like |Link to Comment
  • Barclays downgrades Ford (F) to Equal Weight from Overweight on a valuation call. F -0.3% premarket. [View news story]
    Personally, I thank them for the downgrades. It's giving me another opportunity to buy more at a reduced price. Plus I will enjoy the dividends while I wait. ( I think someone already said that...)
    Jan 25 11:24 AM | 2 Likes Like |Link to Comment
  • Automobile sales in India fell 12.5% Y/Y to 141K due to high interest rates and steep fuel prices, according to The Society of Indian Automobile Manufacturers. The forecast for sales in 2013 in the nation has now been lowered all the way down to the 0%-1% range after being as high as 9%-11% just a few months ago. Key sellers in India include General Motors (GM), Ford (F), Hyundai (HYMLF.PK), and Maruti Suzuki (SZKMF.PK). [View news story]
    No. You're welcome...
    Jan 9 05:39 PM | Likes Like |Link to Comment
  • U.S. auto sales wrapup: After all is said and done automakers see 2012 end with close to 14.5M vehicles sold in the U.S., up 13% from 2011. A strong December for Ford, GM, and Chrysler capped off the year, while Japanese automakers improved sales dramatically from last year's earthquake-ravaged mark but fell short of the estimates of analysts. South Korean automakers Kia and Hyundai felt the sales sting from a flap over inflated fuel rating claims, while in the luxury market BMW edged out Audi and Mercedes. On tap: Can the industry sell 15M cars in 2013? [View news story]
    Yes!
    Jan 3 08:53 PM | Likes Like |Link to Comment
  • Ford (F) says it will sell 2.2M vehicles in 2012 with its Ford Focus on pace to become the year's best-selling global nameplate. The automaker's F-Series and Fiesta also rank in the top ten, according to vehicle registration data. [View news story]
    Ford has a vehicle for just about everyone. My first car was a used (3 years old) '57 Ford convertible (wish I had that one back). I've been driving Ford trucks and vans for over 50 years and have tried them all (Chevy, Cadillac, Chrysler, Dodge and even had a Jeep before Chrysler bought them) and will never buy anything but Ford. Even had a Lincoln once and the ride was far superior to the Caddy. My 1990 Ford F-150 pick-up with over 180,000 miles still runs like a top. Just brought it back from Michigan to Florida fully loaded with a furniture and personal belongs. Still drive it to TN at least 2 times per year to visit my son. Have no immediate intentions of selling it yet. Bought it new BTW.
    M Go BLUE! and F Go FORD!
    Dec 31 12:34 PM | 2 Likes Like |Link to Comment
  • JPMorgan expects pent-up demand to help lift auto sales 14% Y/Y in December to 15.4M vehicles, although the firm notes the drama of the fiscal cliff talks in Washington throws a wildcard into the mix. A survey of consumers shows a good portion will rethink their pending automotive purchases due to the uncertainty over tax rates. [View news story]
    That just does not sound right. Most people simply do not "rethink" their pending automotive purchases based on uncertainty about possible tax hikes! If they need a car, they buy it. Period. They will worry about it after the payments are past due...just like they do with their credit card payments. They don't seem to worry about budgeting until it's way to late. If they want or need something, they buy it and worry about it later. Sorry, sad but true. Almost everyone goes through this at least once in their lives. (Over spending beyond what their budget can endure.)
    Dec 31 12:17 PM | Likes Like |Link to Comment
  • U.S. auto sales are expected to cap off the best year for the industry since 2007 with a projected 9% rise for December to an annual sales pace of ~15.2M vehicles, helped in part by higher incentive spending on pickup trucks. But a strong end to the year could be overshadowed by concerns that consumers will curb spending in January due to the fiscal cliff. [View news story]
    Yes I forgot...thanks for reminding me.
    Dec 28 12:28 PM | Likes Like |Link to Comment
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