fordmantpw Posted July 1, 2015 Share Posted July 1, 2015 And an Audi R8 and a....... wanna see the video? I would say yes, but I don't want this to go any further off topic.... Quote Link to comment Share on other sites More sharing options...
akirby Posted July 1, 2015 Share Posted July 1, 2015 They should've had that thing ready to go when they dropped the E-Series. Huh? The last model year for the E-Series vans was 2014. The first model year for Transit was 2015. It was ready to go. 1 Quote Link to comment Share on other sites More sharing options...
PREMiERdrum Posted July 1, 2015 Share Posted July 1, 2015 Huh? The last model year for the E-Series vans was 2014. The first model year for Transit was 2015. It was ready to go. Yeah, but it was underpowered, you Hipster. 3 Quote Link to comment Share on other sites More sharing options...
BlackHorse Posted July 1, 2015 Share Posted July 1, 2015 (edited) Huh? The last model year for the E-Series vans was 2014. The first model year for Transit was 2015. It was ready to go. Hell I thought they dropped the E-Series in 2013. Probably because there weren't many E-Series on the lot here in this area at that time. Edited July 1, 2015 by BlackHorse Quote Link to comment Share on other sites More sharing options...
Anthony Posted July 1, 2015 Author Share Posted July 1, 2015 This came as a surprise... Quote Link to comment Share on other sites More sharing options...
PREMiERdrum Posted July 1, 2015 Share Posted July 1, 2015 This came as a surprise... Has anyone seen the math on this claim? I saw since GMI guys trying to get the numbers to with to make this true, but they just couldn't. Quote Link to comment Share on other sites More sharing options...
RichardJensen Posted July 2, 2015 Share Posted July 2, 2015 FCA: 185,035 Ford: 225,647 Now if you assume that Ford's retail volume was 75% of all sales, that's 169,235. In order for FCA to exceed that, they would have to be doing considerably less than 10% overall fleet volume. Even if you go as high as 30% of Ford to fleets, that would require fleet percentages of under 15% for FCA. That's just not plausible. Quote Link to comment Share on other sites More sharing options...
PREMiERdrum Posted July 2, 2015 Share Posted July 2, 2015 And, of course, FCA doesn't usually disclose fleet vs retail percentage in their monthly releases, do they? Quote Link to comment Share on other sites More sharing options...
Anthony Posted July 2, 2015 Author Share Posted July 2, 2015 Ford said in the conference call that fleet accounted for 35% of their sales. Not sure about FCA. I find it hard to believe as well. Quote Link to comment Share on other sites More sharing options...
PREMiERdrum Posted July 2, 2015 Share Posted July 2, 2015 Also, weren't the stretches in the 20s or 30s when Chrysler was on top? Even if this did happen last month (which I don't think it did), it wouldn't be the "first time ever." Quote Link to comment Share on other sites More sharing options...
BlackHorse Posted July 2, 2015 Share Posted July 2, 2015 Fleet sales, retail sales, who cares. As if the respective companies are sitting around all down in the mouth because they sold a bunch of vehicles to commercial customers. A sale is a sale and fleet sales as it happens are good for business. Probably not many retail customers buying F750's and even the F150 is pretty commonly sold to commerical accounts. Just about every municipal government in this area has a fleet of F150 work trucks. By comparison I can't recall the last time I saw a private residence with a RAM 5500 in the garage. Quote Link to comment Share on other sites More sharing options...
Anthony Posted July 2, 2015 Author Share Posted July 2, 2015 NASDAQ reported the actual numbers for ChryCo http://www.nasdaq.com/article/chrylser-hits-retail-milestone-tops-ford-20150701-01246 Fiat Chrysler Automobiles NV scored a victory in June, selling about 300 more light vehicles at dealers than its larger rival Ford Motor Co. But winning was costly. The No. 3 U.S. auto maker sold 146,151 vehicles on a retail basis, likely representing the first time it outpaced Ford in the closely watched portion of the monthly sales that are sold to individual consumers at dealerships. Overall, Ford solidly outpaced its smaller rival—selling 224,681 vehicles overall compared with Fiat Chrysler's 185,035. But that difference was due to Ford selling 35% of its vehicles to fleet buyers such as commercial users, governments and rental car companies. Of note, ChryCo also outspent Ford by nearly $800 per vehicle on incentives. Quote Link to comment Share on other sites More sharing options...
fuzzymoomoo Posted July 2, 2015 Share Posted July 2, 2015 I can't remember ever seeing a RAM 550 ever Quote Link to comment Share on other sites More sharing options...
BlackHorse Posted July 2, 2015 Share Posted July 2, 2015 I can't remember ever seeing a RAM 550 ever They're popular with the wrecker companies here that convert them to flat bed wreckers. Quote Link to comment Share on other sites More sharing options...
rmc523 Posted July 2, 2015 Share Posted July 2, 2015 I'm not seeing how the math is working.... Ford sold 225,647 units. 35% of that would be 78,977 fleet units (78,976.45, and I rounded up). Meaning 225,647 - 78,977 = 146,670 units were retail. The numbers above say Chryco had 146,151 retail sales. Last time I checked, 146,670 > 146,151. A difference of 519 units, in Ford's favor. So again, I'm not understanding how that works? FCA: 185,035 Ford: 225,647 Now if you assume that Ford's retail volume was 75% of all sales, that's 169,235. In order for FCA to exceed that, they would have to be doing considerably less than 10% overall fleet volume. Even if you go as high as 30% of Ford to fleets, that would require fleet percentages of under 15% for FCA. That's just not plausible. Quote Link to comment Share on other sites More sharing options...
Anthony Posted July 2, 2015 Author Share Posted July 2, 2015 I'm not seeing how the math is working.... Ford sold 225,647 units. 35% of that would be 78,977 fleet units (78,976.45, and I rounded up). Meaning 225,647 - 78,977 = 146,670 units were retail. The numbers above say Chryco had 146,151 retail sales. Last time I checked, 146,670 > 146,151. A difference of 519 units, in Ford's favor. So again, I'm not understanding how that works? My guess is that the 35% number being thrown around is rounded and not an exact percentage. (I mean really what are the chances of it being exactly 35%?) Neither company has commented on it, so who knows for sure? However the articles do mention an exact number of sales difference between the two so they are getting their numbers from somewhere. Where? No clue. Quote Link to comment Share on other sites More sharing options...
RichardJensen Posted July 2, 2015 Share Posted July 2, 2015 I'm going to guess the 35% was a rounded figure. -- What amuses me about this is that fleet volume is, allegedly, less profitable. Yet----Ford almost certainly made more per unit in revenue, gross & net than FCA. Quote Link to comment Share on other sites More sharing options...
Anthony Posted July 2, 2015 Author Share Posted July 2, 2015 I'm going to guess the 35% was a rounded figure. -- What amuses me about this is that fleet volume is, allegedly, less profitable. Yet----Ford almost certainly made more per unit in revenue, gross & net than FCA. Almost certainly? I think you could say definitely without raising an eyebrow. Quote Link to comment Share on other sites More sharing options...
rmc523 Posted July 2, 2015 Share Posted July 2, 2015 I was re-reading Ford's press release and I didn't realize that the new MKX was starting to arrive at dealers already. Good to know - I'd love to test drive one (and see one in the flesh, for that matter). Quote Link to comment Share on other sites More sharing options...
RichardJensen Posted July 2, 2015 Share Posted July 2, 2015 Almost certainly? I think you could say definitely without raising an eyebrow. Well, I like my weasel words---just in case anyone ever asks me for facts... Quote Link to comment Share on other sites More sharing options...
aneekr Posted July 2, 2015 Share Posted July 2, 2015 Fleet sales, retail sales, who cares. As if the respective companies are sitting around all down in the mouth because they sold a bunch of vehicles to commercial customers. A sale is a sale and fleet sales as it happens are good for business. +1 Passenger cars and light trucks are no different in this regard than other durable goods that are sold to consumers as well as businesses, e.g., power tools, personal computers, audio/video equipment, etc. The notion that light vehicles sold to fleet customers are unprofitable for automotive OEMs is a misconception. Quote Link to comment Share on other sites More sharing options...
fuzzymoomoo Posted July 2, 2015 Share Posted July 2, 2015 +1 Passenger cars and light trucks are no different in this regard than other durable goods that are sold to consumers as well as businesses, e.g., power tools, personal computers, audio/video equipment, etc. The notion that light vehicles sold to fleet customers are unprofitable for automotive OEMs is a misconception. Unprofitable? No, absolutely not. But you can't deny that the margin between the two is different. Quote Link to comment Share on other sites More sharing options...
BlackHorse Posted July 2, 2015 Share Posted July 2, 2015 Unprofitable? No, absolutely not. But you can't deny that the margin between the two is different. It's going to depend on the vehicle in question. The margin on an F750 for instance is by no means going to be a loss for Ford regardless of who the customer is and 99% of the time that is a commerical customer. I might agree that dumping cars into rental fleets probably doesn't have the same margin as a private sale of the same vehicle but most likely whatever slim margin is there is probably more than offset by the big commerical sales. Even a big order of say 80 F150 work trucks to company X is still going to have a decent margin. Quote Link to comment Share on other sites More sharing options...
Anthony Posted July 2, 2015 Author Share Posted July 2, 2015 Well, I like my weasel words---just in case anyone ever asks me for facts... Zing! Quote Link to comment Share on other sites More sharing options...
fuzzymoomoo Posted July 2, 2015 Share Posted July 2, 2015 It's going to depend on the vehicle in question. The margin on an F750 for instance is by no means going to be a loss for Ford regardless of who the customer is and 99% of the time that is a commerical customer. I might agree that dumping cars into rental fleets probably doesn't have the same margin as a private sale of the same vehicle but most likely whatever slim margin is there is probably more than offset by the big commerical sales. Even a big order of say 80 F150 work trucks to company X is still going to have a decent margin. Cover up the difference however you want, there's still a difference in margin Quote Link to comment Share on other sites More sharing options...
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