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248 messages, Last post on Dec 23, 2009 at 7:44 AM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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and a pretty good one even excluding special items and with falling revenues at Ford Credit. http://www.nytimes.com/2009/11/03/business/03auto.html http://media.ford.com/article_display.cfm?article_id=31244 |
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"2010 is setting up as a big year for the Dearborn automaker. The company is ending '09 on a roll it should carry over to next year. The latest sign: Ford of Europe boasted sales of 19 percent last month and will finish the year as the second best selling brand. Its 9.1 percent market share in Europe is its best since 1999." Ford Eyes Big 2010 as Europe Sales Surge (CNBC)
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Replying to: kernick (Oct 08, 2009 4:52 pm) Seems that the more expensive models are outselling the more base models by a good margin. They are outselling them by so much that Ford needs to change their product mix. We will have to see if this holds up over the longer term but so far at least you are wrong.
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Replying to: steve_ (Dec 14, 2009 2:10 pm) Why didn't I buy Ford stock at $1.50  I am thinking about buying a bunch of Ford stock at $9.50 what do you guys think?
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Replying to: hackattack5 (Dec 22, 2009 12:40 pm) |
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Replying to: gagrice (Dec 22, 2009 5:05 pm) thanks.
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Replying to: deltheking (Dec 22, 2009 6:36 pm) Ford is doing good, relatively speaking, but just about every asset they hold is in hock, and they aren't out of the woods yet. There are probably safer investments out there. But if you have some "play" money hanging around, it's fun to invest and watch the market. Check the Stocks discussion over in the Off Topic Chatter board.
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Replying to: deltheking (Dec 22, 2009 6:36 pm) |
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Replying to: steve_ (Dec 22, 2009 8:23 pm) 
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Replying to: british_rover (Dec 22, 2009 10:29 am) Go back and read what I wrote, I said "after a few months", when the newness of the Taurus wears off. Given that there are 300M+ people in this country, thereis a miniscule amount of people who are going out and buying a Taurus at this time, and for the uniquness factor, it is not surprising they want a "nice" Taurus to show off. The Taurus SHO appeals to the same type of people that a Pontiac G8 GT might have. As we saw with that vehicle there was a demand at the beginning, but the model didn't really do much to help Pontiac after those first few months now did it? Consumers are tapped out; their home-equity is lousy, their governments at all levels are broke and raising taxes and fees. It's not a good environment to try and sell $30K+ vehicles when it is not a NEED. A much less expensive vehicle can get people around, and that's where the market-growth will be. Those that recognize that the country has declined economically will be the ones to benefit (just look at the value of the $, the trade-deficit, and the governement deficits). |
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