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Engineer&Far

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  • New Data Illustrates Ford's Future Growth [View article]
    RyanDan. Asserting poor Ford quality, but with vague zero detail blogging is a very suspicious activity. The kind of thing that a GM or Toyota dealer might try with one comment on a business blog site. His/her inability to provide any response - when notified that more comments have been registered means that comment deserves no credibility.

    ps Consumer Reports has low credibility with me, also. The ratings frequently don't match the data, if you take the time to study both. Forbes auto reliability reports, EPA testing and my direct experience with various vehicles has creds with me.
    Feb 19 09:50 PM | Likes Like |Link to Comment
  • The latest batch of numbers on car demand in Europe is out from the European Automobile Manufacturers' Association with 2013 starting off with demand just as soft as last year. Registrations dropped 8.5% to 918,280 with Ford (F), Peugeot (PEUGF.PK), and Toyota (TM) posting sharp declines. Though sales are forecast to pick up in some areas of Europe this year, most automakers see the market shrinking between 3% to 5%. [View news story]
    Ford seems to believe the National Socialist Workers politicians in Europe will keep propping up their national automakers. They are closing 3 plants, last I heard....the sooner the better it would seem. I don't believe the 'controlling' compulsions in these politicians will allow them to let the markets decide who folds and who stays.
    Feb 19 10:24 AM | Likes Like |Link to Comment
  • Building Support Or Hitting Resistance? [View article]
    Nice artical Phillip. A question for you...I have read in other articals recently that earnings have actually fallen in the last two quarters, while slightly beating expectations. Have you heard the same? or can you comment on this. If true, it would influence me to position myself for a correction - which I have already partially done.
    Feb 16 11:27 AM | Likes Like |Link to Comment
  • New Data Illustrates Ford's Future Growth [View article]
    It appears Angel has Flown the coop! Details are hard to provide when you have made something up....
    Feb 16 10:52 AM | Likes Like |Link to Comment
  • Bank of America thinks the U.S. automobile sector could be set to kick into a higher gear even after posting a solid 13.4% gain in sales last year. Analysts with the firm lean on the demand issue of an aging U.S. fleet in making their bullish call, noting consumer buying to replace high-mileage vehicles should stay strong until 2018 before softening. [View news story]
    You should read your own links. I read your artical, and here is his bottom line...quote "Laffer rightly claimed that “Mr. Obama keeps saying that if only Congress would pass his second stimulus plan, unemployment would finally start to fall. That's an expensive leap of faith with no evidence to confirm it.” Indeed, there is much available evidence now to the contrary, particularly if that stimulus involves taking on additional debt."

    So, he is saying just what I said, Government spending inhibits job growth. Liberals (such as you) do 'surface' analysis, without putting any real thought into the situation, as you have demonstrated here.
    Feb 14 10:10 AM | Likes Like |Link to Comment
  • Bank of America thinks the U.S. automobile sector could be set to kick into a higher gear even after posting a solid 13.4% gain in sales last year. Analysts with the firm lean on the demand issue of an aging U.S. fleet in making their bullish call, noting consumer buying to replace high-mileage vehicles should stay strong until 2018 before softening. [View news story]
    Government spending inhibits job growth. The government takes someones money who may have hired someone else, keeps as much as they can for themselves, then reward their cronies with what's left...through welfare or government contracts. It is that simple.
    Feb 13 08:09 PM | Likes Like |Link to Comment
  • New Data Illustrates Ford's Future Growth [View article]
    I agree that it's been done, but as an add on. The CNG tank takes up all a cars trunk space or part of a trucks bed space. If the car/truck were designed to have a large CNG tank where the gas tank is now - a better vehicle would result (easier to sell). And of course the fracking boom is changing the economics as we speak.
    Feb 12 09:56 AM | Likes Like |Link to Comment
  • New Data Illustrates Ford's Future Growth [View article]
    I'd like to see them use some cash to expand their lead in Compressed Natural Gas powered vehicles. Partner with some folks to coordinate the infrastructure buildup...etc. They have designed some excellent electric hybrids, but it seems Electric is going to sell slowly until someone engineers a better battery. (I still am baffled how slowly sales of the Volt (GM) are going after all the environmentalist hype we've had to endure. What are the legions of US Greenies buying? Vehicles from the formerly fascist Volkswagon and Toyota?) Leap forward in natural gas, be the first and profit accordingly.
    Feb 11 01:42 PM | 1 Like Like |Link to Comment
  • Nucor's (NUE) Louisiana plant shows how the abundance of natural gas has made some manufacturing processes, recently seen as uneconomical, feasible. When complete, the plant will process 2.5M tons/year of direct-reduced iron pellets; at current gas prices, DRI can generate iron pellets at $260-$280/ton, while scrap steel trades at ~$390/ton. U.S. Steel (X) also says it is studying options for building a DRI plant. [View news story]
    You gotta love Nucor...non-union, treats their workers well, most efficient steel-maker in the World, still innovating..... When the World economy starts to recover, these guys should be in all thinking investor portfolios.
    Feb 2 11:59 AM | 1 Like Like |Link to Comment
  • Ford (F) January U.S. sales: +22.0% to 166,501 vehicles with retail sales up a brisk 24%. The Ford brand up 23.3% to 131,589 to help offset another slip in Lincoln sales. A big month for the Ford Fusion, up 65% to 22,399. The highly-watched C-Max Hybrid registered 2,725 sales for the month. The automaker's sales soared past the consensus estimate of analysts calling for a 17% Y/Y monthly gain. (PR[View news story]
    News like this, and the stock is up less than 1%? We seem to be falling back into the 'no love' cycle of the last few years. Some big money is keeping their boot on Ford's neck...any thoughts on who?
    Feb 1 10:06 AM | 3 Likes Like |Link to Comment
  • Ford: Dark Clouds For The Blue Oval [View article]
    Hey prof, your last comment was the defining one. The end of European style socialist-democracy is nigh. I say good riddance. When Unions and Government Beaurocrats are the primary decision makers in a economy.....well look what happens. One generation of Europeans has benefited greatly by this experiment (yours), but they have mortgaged at least the next generation's job possibilities. Maybe this is why Europeans have so few children - guilt?
    Jan 31 12:20 PM | 1 Like Like |Link to Comment
  • Ford: Dark Clouds For The Blue Oval [View article]
    All good design is a series of trade-offs. The things you mention are silly frills that aren't worth the extra money and complexity. Ford is making good trade-offs, and the result is increasing market share.
    Jan 31 12:12 PM | 1 Like Like |Link to Comment
  • Ford Revisited: Post-Earnings Pullback Offers Attractive Entry Point [View article]
    The end of European style socialist-democracy is nigh. I say good riddance. When Unions are the primary decision makers in an economy.....well look what happens. One generation of Europeans has benefited greatly by this experiment - but they have mortgaged at least the next generation's job possibilities. Maybe this is why they have so few children - guilt?
    Jan 31 11:59 AM | Likes Like |Link to Comment
  • Twenty-two states recorded unemployment rate decreases, 16 states posted increases, and 12 were unchanged, the BLS reports. Y/Y, 42 states registered decreasing unemployment rates, six states had increases, and two had no change. Nevada and Rhode Island again posted the highest unemployment rates, at 10.2%. North Dakota again boasted the lowest jobless rate, 3.2%. [View news story]
    "The employment picture is improving, without regard to how it's also changing. " How do you know it's improving? The statistic that supports that is not believable....no conspiracy theory, just sorting through BLM & SSA data.
    Jan 21 08:47 AM | Likes Like |Link to Comment
  • Twenty-two states recorded unemployment rate decreases, 16 states posted increases, and 12 were unchanged, the BLS reports. Y/Y, 42 states registered decreasing unemployment rates, six states had increases, and two had no change. Nevada and Rhode Island again posted the highest unemployment rates, at 10.2%. North Dakota again boasted the lowest jobless rate, 3.2%. [View news story]
    Does anyone else get sooo tired seeing these meaningless unemployment rate statistics thrown around? You have to look at the percent of the population that's working, then subtract out retirees & disabled to find the real unemployment numbers. By my research (on SSA, Wikipedia, etc) there are 2.7 million fewer people working today, than when Obama took office. That includes subtracting the 7 million folks who have retired or gone on disability during his first term. And yet he claims to have 'created' 3 million more jobs during that period????? I guess he destroyed 5.7 million jobs at the same time...oops.
    Jan 19 01:08 PM | Likes Like |Link to Comment
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