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5 direct reports or less? That's ridiculous. Should be at least 7-10. 14 levels? No wonder they couldn't get anything done. This kind of restructuring has been happening in other companies for many years. Ford is just late to the game.

California only has a surplus if one ignores the state's massive pension obligations, which are not getting smaller: http://www.newgeography.com/content/006159-california-doesn-t-have-a-budget-surplus When pension obligations are taken into account, Kansas outranks California for fiscal integrity. And a large reason for California's surplus is a healthy stock market. California's state income tax is very heavily dependent on top earners in general, and income from stock dividends and capital gains (including capital gains generated by the sale of homes), in particular. https://californiapolicycenter.org/californias-budget-surplus-ignores-crushing-debt-burden/ To illustrate just how unusually swollen California’s current state tax revenues have gotten, compare state tax collections in FYE 6/30/2017 (our most recent available data) to seven years earlier, in 2010. Back in 2010, California was in the grip of the great recession. Total state tax revenue was $94 billion, and $44 billion of that was from personal income taxes. Skip to FYE 6/30/2017, and total state tax revenue was $148 billion, and $86 billion was from personal income taxes. This means that 80 percent of the increase in state tax revenue over the seven years through 6/30/2017 was represented by the increase is collections from individual taxpayers, which doubled. It isn’t hard to figure out why this happened. Between 2010 and 2017 the tech heavy NASDAQ tripled in value, from 2,092 to 6,153. In that same period, Silicon Valley’s big three tech stocks all quadrupled. Adjusting for splits, Apple shares went from $35 to $144, Facebook opened in May 2012 at $38, and went up to $150, Google moved from $216 to $908. While California’s tech industry was booming over the past decade, California real estate boomed in parallel. In June 2010 the median home price in California was $335,000; by June 2017 it had jumped to $502,000. Along the California coast, median home prices have gone much higher. Santa Clara County now has a median home price of $1.3 million, double what it was less than a decade ago. As people sell their overpriced homes to move inland or out-of-state, and as tech workers cash out their burgeoning stock options, hundreds of billions of capital gains generate tens of billions in state tax revenue. But can homes continue to double in value every six or seven years? Can tech stocks continue to quadruple in value every six or seven years? Apparently Gavin Newsom thinks they can. Reality may beg to differ.

my comments general...not Explorer specific...cars are getting damn expensive...you cant get absolute crap under 25k anymore, I fear this relentless pursuit of higher ATPs will eventually backfire. The higher an MSRP the smaller the market...all very fine and dandy to make a better product...just don't put it out of reach of people. leasing penetration will be going through the roof...which we have seen, has kicked Ford in the shorts several times due to unpredictable used car market swings...

Well heck, I guess there's no reason for me to replace my current 2014 200A 4WD Explorer with a fresh 2019 of the same configuration, better to let that vehicle sit on the lot. Foolish me for buying the 10-12 Ford products I have over the last couple of decades. HRG

Where is that stupid bear cage ad?

Neat, but we probably won't get it.

They were selling a large number of higher priced Explorers already - that's what prompted them to continue the CD6 program in the first place. Why does it matter if you sell 20% fewer vehicles if you make more money?

This is why I will never work in the auto industry. They are too cyclical with cuts/layoffs. My company does the churn and burn with the bottom 20% performers and the most costly employees (excluding mid/senior management).They will generally rehire at a much lower cost. It's pretty much expected at the end of January and September. For anyone who gets canned/layed off today, it's sucks but not the end of the world. Take a few days to regroup and then get after it finding a new job.

And why shouldn't they as Toyota has made a lot of those patents free to use until 2030 (as of April 2019)

I watched that last night. While I love these guys and watch most of their videos, It is a very clickbait tile. The Gladiator did not get spanked. They were pretty even off road. The Commanche had a lift, upgraded suspension and tires and the Gladiator Rubicon was bone stock and to even things out, the Gladiator did not use the disconnects or lockers. Other than a couple hitch scrapes on the Gladiator, they both performed about the same.

In Transit - Arrived Rail - Railcar # TTGX965176 (Norfolk Southern Corp ) Ptwilming, DE May-17-2019, 06:15 ET. ETA May-25-2019

Ford made another 11,993 in April.

I miss Jay being on the Tonight Show. These days, late night TV just plain sucks.

Hope you’re not waiting for that guy to respond.......

2020MY Escape vs. 2019MY Escape - MSRP Price Comparison 2019MY Escape S FWD - MSRP $24,105 2020MY Escape S FWD - MSRP $24,885 2020MY Escape S 4WD - MSRP $26,385 (New Model) 2019MY Escape SE FWD - MSRP $26,500 2020MY Escape SE FWD - MSRP $27,095 2019MY Escape SE AWD - MSRP $28,000 2020MY Escape SE AWD - MSRP $28,595 2020MY Escape SE Sport FWD - MSRP $28,255 (New Model) 2020MY Escape SE Sport AWD - MSRP $29,755 (New Model) 2019MY Escape SEL FWD - MSRP $28,445 2020MY Escape SEL FWD - MSRP $29,255 2019MY Escape SEL AWD - MSRP $29,945 2020MY Escape SEL AWD - MSRP $30,755 (301A) 2020MY Escape SEL AWD - MSRP $33,040 (2.0L w/301A) 2019MY Escape Titanium FWD - MSRP $32,620 2020MY Escape Titanium FWD - MSRP $33,402 (Hybrid 400A) 2019MY Escape Titanium AWD - MSRP $34,120 2020MY Escape Titanium AWD - MSRP $34,900 (Hybrid 400A) 2020MY Escape Titanium AWD - MSRP $36,685 (401A) All 2020MY Escape Models - Destination & Delivery = $1,095

I would never buy unless the second row seats could be COMPLETELY eliminated !

People who think leather is hot in summer and cold in winter has never owned leather. It breathes and adjusts to your body temp quickly. And it’s much easier to keep clean.