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Automotive News & Views What about the future of Ford Inc?? 
1858 messages, Last post on Oct 16, 2006 at 6:25 AM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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they reshaped the front end plastic a bit, and cancelled the only hi-po version. They mixed in more of the Mazda-sourced engines with the slightly higher output.If that is a model update, then yeah, I guess they did one! "Of sorts" is definitely an appropriate descriptor for that kind of update though! 
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Replying to: chuck1959 (Aug 25, 2005 11:55 am) |
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topic, and was re-directed here... I think high fuel prices will hit GM/Ford where it hurts the most, in their highest profit vehicles, the SUVs...with Delta and NW Airlines in Ch 11, I make a prediction... By July 1 2006, either GM or Ford, maybe both, will file for Ch11...I have read that GM has over 200 Billion in long term debt, and Ford has about 125 Billion in long term debt...add to that they both have pensions underfunded by at least 5 Billion, and they will file Ch 11, jettison their pension plans, and downsize by 50%... The only actual prediction is the Ch 11 filing by one of them...the other thoughts are suppositions... |
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| Bill will buy his stock back and become a private company before he'll file. | |
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Replying to: chuck1959 (Aug 25, 2005 11:55 am) The Mustang - like the Corvette - has a built-in audience, as it has reached icon status. Unless Ford really messes it up, I doubt that Mustang sales will drop to an unprofitable level.
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Replying to: grbeck (Sep 18, 2005 8:29 pm)
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Despite popular belief, Ford (or GM) can't merely go to court, ask for a declaration of bankruptcy, and walk out with a clean slate. The judge - if he or she is doing his/her job properly - will carefully look at the company's cash flow, assets and cash reserves. Plus, interested parties, such as the UAW and suppliers, can file motions in opposition to the company's declaration of bankruptcy. If Ford's financial position does dramatically deteriorate, I would imagine that the company will have enough ammunition to finally convince the UAW of the seriousness of the situation. Then you'll see the union make concessions very quickly, especially in regards to health care costs and factory closures. Some or all of Fords' foreign acquisitions could be sold, and even Lincoln-Mercury could be shuttered. Bottom line - there is still a lot of fat that should be cut before Ford can even think of declaring bankruptcy. |
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Replying to: chuck1959 (Sep 18, 2005 8:33 pm) Even the lower sales level from 1975-78 was still well above the sales of the bloated 1971-73 models. So, despite the abuse that has been heaped on the Mustang II over the years, it has to be considered a sales success. It carried the nameplate through some years that were difficult for both Ford and the industry as a whole.
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Replying to: grbeck (Sep 18, 2005 8:40 pm) |
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| ...have far to much cash on hand ($20-30 billion with a "B") to go bankrupt within this decade. To put it in perspective - GM had one of their worst first quarters ever this year and lost $1 billion. They could keep that loss up for another 5 years ($4 billion/year) and still not quite eat up all their cash. No, the Detroit autos won't be going bankrupt any time soon. | |
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