banker55
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2016 F150 LIMITED 4x4: VERY DISAPPOINTED
banker55 replied to fdugger's topic in Ford Motor Company Discussion Forum
I used to take a unit home every day to the tune of 30 miles round trip.The next day at 11:am you had to report out on that unit. The unit was supposed to be perfect as it had been final QC'd. If you found a problem it was fixed and the problem was fed back to production and QC. Most times a problem generated a 50 car check looking for a trend and may be required for 10 days. If you found the same problem in the audit more special procedures . If it was a delta operation, shipping was shut down.A sticker was placed on the window explaining the miles. A good unit to get. No one else was allowed to drive the unit.- 41 replies
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Ford Europe sales rose 6.3% in April
banker55 replied to Biker16's topic in Ford Motor Company Discussion Forum
The numbers for unit sales and revenue are simple arithmetic as is the average, A richer mix should show up in revenue, but I do not see it. I agree with you that Ford has improved in a lot of areas.Sales are up and so is market share At the end of quarter one last year,after reporting a $443 million dollar loss,Shanks said the results in Europe would be greater than the $250 million he had projected,but less than the billion dollars reported in 2014.Ford lost $18 million in the second quarter and $182 million for a total of $643 loss. These are financial accounting numbers. They are not simple arithmetic. A change in accounting took Ford Europe from a certain significant loss for 2015 to a profit.By changing to marked to market pension accounting Ford of Europe swung to a $259 million dollar profit. I understand why Ford changed the pension accounting and going forward it will affect the numbers,both good and bad,as things like discount rates and investment markets change.Please don't take these numbers as a personal attack. They are Ford Motor Company numbers. My only point was that I expected to see a revenue improvement from the higher margin vehicles.Just arithmetic, not accounting. -
Ford Europe sales rose 6.3% in April
banker55 replied to Biker16's topic in Ford Motor Company Discussion Forum
Comparing first quarters 2015 and 2016 for Europe 376000 unit sales 2015 $6.9 billion revenue 399000 unit sales 2016 $6.9 billion revenue Factor in Fords 6% exchange rate differential and it looks pretty flat. $18351 vs $17293 revenue per unit in US dollars 2015 vs 2016...even if you adjust at 6%. I was expecting a significant uptick in revenue per unit. The sales and revenue numbers are from Ford's first quarter report. -
I got to drive "ludicrous speed" Tesla Model S!
banker55 replied to atomcat68's topic in Competing Products
Just got off a Delta 757 with touch screens in the seat backs. Talk about closing speeds! -
Marchionnne Reshapes Fiat Chrysler For Merger or Sale
banker55 replied to Anthony's topic in Competing Products
Worked for me...thanks -
GM production figures indicate a problem of some kind. Dec 2014 vs Dec 2015 Chev Col 5942 to 5508 GMC 2205 to 2270 Jan 2015 vs Jan 2016 Chev 5904 to 3959 GMC 2561 to 1325 Those are poor numbers at 18 months for a truck that is sold out.....pathetic is a more apt description. Compare Toyota production up 17000 to 18000 F series January 84917 production excluding chassis build. Express and Savanah sales are down big for January???? . numbers from Auto News. Maybe mid-size trucks is a good market to stay away from?
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Dealer said I can get you the floor mats, but you may have to wait for a 2017 truck.....does either floor mat work for you?
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At $92,000 plus they want $250 for all season floor mats.
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U.S. Ford Ecosport for 2017
banker55 replied to mackinaw's topic in Ford Motor Company Discussion Forum
Eco MooMoo has a nice ring -
Report: Ford to double production in Mexico
banker55 replied to Biker16's topic in Ford Motor Company Discussion Forum
These plants in a changeover constrained year built 626,120 new model trucks plus 22,449 of the old model. A lot of production was lost at KCAP for change over and ramp up. They also lost production due to frame shortages. I am sure they can build over 700,000 if they have the parts. The HD plant built 313,835, which are part of F-series numbers. (numbers are from Automotive News) The three plants together can build over 80,000 per month. They beat that for 2015. Kentucky Truck is changing to add capacity and Ohio Assembly is picking up some HD production. -
I started accumulating F in 1977 as part of my pay package.For every $10 dollars invested, Ford gave you $6.00 in shares . I still own a bunch. I also received Citi, Hertz and Visteon from the spinoffs. I sold them. I am looking at snow out my home office window,so no island for me either. Being retired,I can and do spend a lot of time with investments.....I just looked at the snow again.
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I commend you on your short to medium term investment acumen , but lets look at a longer view. If you had bought 3000 Ford shares at the turn of the last century it would have cost around $100000. Today those shares would be worth $33333. Your dividend income would be $1800. Between the middle of 2006 and the start of 2012 Ford stock paid zero dividends. The same investment in GM or Chrysler would have netted you a zero balance.
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Ford Motor Company December 2015 Sales, Year End Totals
banker55 replied to ANTAUS's topic in Production and Sales
CAP is running 3 shifts with tag relief and has increased line speed in the past year. I do not know the shift configuration.