Ford reported that Q2 EPS came in at 47 cents, down 35% compared to a year ago. Meanwhile, quarterly revenue increased 6% to $47.8 billion. Ahead of earnings, analyst consensus had Ford earnings of 68 cents per share and sales totaling $47.79... — read more 

That’s not saying much, Farley was COO then, VP Marketing before that. Any differences are NOT improvements. He is having a hard time reading his earnings call script, must be rattled. Maybe both Farley and Old Joe will resign tonight!

Conference Call At 5:00 PM ET,

https://www.msn.com/en-us/money/other/ups-scraps-remote-work-following-layoffs-what-s-next/ss-BB1qpVz7 It's coming......

Go

I mean, really?

Earlier this year, Farley stated that there has beena team with the best engineers in the world to develop cheap EVs to compete w Tesla and BYD. Do they hire people for this project or did find the pearls in the existing Ford teams? In fact, they... — read more 

So it seems the super duty is heading to oakville. Might be a smart decision, but it's sad that ford only knows how to build trucks. Also where is u759 going?

From Barrons: https://www.barrons.com/articles/ford-stock-price-pick-1b40df64 Ford Is Making a Comeback. It’s Time to Buy the Stock. If the stock market is a race, Ford Motor is losing. But it may be ready to start closing the gap with General... — read more 

TL;DR: Ford Ion Park posted a job with a compensation level of HTHD GSR 7-8 ($93,900-$188,400). After interviews, they offered me $97k and a $5k signing bonus. When I negotiated, they rescinded the offer, citing cost of living in Michigan and... — read more 

Wow. Talk about throwing the towel. Ford executives can hide all they want but the BEVs are not selling at all for them to offer this zero financing. Thanks Farley for putting all our eggs in one bev basket.

If ford can build an ESUV like the KIA EV9, I would be impressed. This SUV quality is way beyond the Japanese vehicles, so I won't even mention the Big 3.

Any more info on this????

https://www.carpro.com/blog/an-open-letter-to-ford-ceo-jim-farley#:~:text=If%20you%20take%20anything%20away,then%20go%20full%20speed%20ahead.

I left Ford nearly 20 years ago. A friend told me Ford and GM no longer respect Mechanical Engineers - they just want EE and Software Engineers. WTF? Are any mechanical engineers high demand/high pay?

Thinking about moving back to ford. I was in ford's NGV project and left before it was spun off into Argo AI. Argo AI is now dead and ford abandons L4. It now seems repurposed to L2 via Latitude.AI. I just applied for an AV position @ "Ford... — read more 

Ford lied about the eventual size of battery plant, but perhaps that’s a good thing because there is now a concerning link between lithium-ion batteries, commonly used in electric vehicles, and the spread of harmful per-and polyfluoroalkyl... — read more 

We spend all day trying to get customers on Ford Pass And the Account Manager Online account system more than anything else and believe me it is frustrating for all of us. and anyway IT isn’t in the U. S. Anymore. INDIA.

Day trying to get customers connected to Ford Pass and Account manager. LOL crazy and we are the tech people in customer service since there are none in the U.S. lol

For all of those who hate it here, it's much easier to find a job when you already have one. If you're unhappy here, start looking.

Drove by the dealership across from MAP yesterday and couldn't count the number of unsold Broncos sitting on the lot. I thought we had a sure fire long term hit with the Bronco. Doesn't look like we can give them away!

Gaslighting at its best for improved quality. Still #1 in recalls. Ford has been hard at work rectifying quality issues with its lineup, and it seems to have finally paid off. The entire 2024 Ford lineup has better initial quality than years past... — read more 

Joy. They can’t make a good vehicle. Their Ford Pas and online Account Manager system su-ks and can’t keep anyone in the Ford Credit customer service dept.

so sad...

So the new direction of our leadership is to tell the customer that we know you don't want this but take it anyway? It's almost like they're completely out of touch.

“Ford Pro Intelligence software platform now has approximately 600,000 subscribers” Another headline from Ford Pro : “Ford Pro software available at no extra cost” So, 600,000 “subscribers,” but no revenue? At least when Fa rely read this site he... — read more 

It was just scaremongering.

Just a step closed to autonomous driving? Why would anyone drive our products? Ford Motor Company is recalling select 2022-2023 Ford Mustang models over an issue with the steering wheel. The defect: in affected vehicles, the secondary steering... — read more 

Wall Street journal article today: “ The Jiggle Is Up: Bosses Bust Workers Who Fake Computer Activity”. Pretend you’re working from home, but doing home improvement? Is one of the most dishonest a professional employee can do. If you’re getting paid... — read more 

https://www.msn.com/en-us/money/news/ford-ceo-farley-says-company-needs-to-move-past-monster-vehicles-to-be-profitable-in-ev-space-start-to-get-back-in-love-with-smaller-vehicles/ar-BB1piXFt

https://finance.yahoo.com/news/ford-urges-managers-buy-more-195256476.html?fr=yhssrp_catchall

Yet the oracle of Omaha dumped a load into Chubb insurance? What's up? Layoffs at John deere, Harley Davidson and Stellantis? All bell weathers that we are circling the drain, just not as fast as insurance companies are.

"Capitalism allows leaders to find the lowest costs" While I agree with this statement, let's not forget that 90% of the CEO and BoD of American public companies are NOT leaders. Most of them just blindly copy whatever the "trend" is, no matter... — read more 

But we have bilingual employees in the U. S. Now more than ever. Guess Cust Service is not safe either.

Layoffs galore.

https://www.dailymail.co.uk/yourmoney/article-13567647/Americas-oldest-companies-slashes-jobs-Midwest-shifts-work-Mexico.html

Seen several posts on LI about people being laid off in EU. It's coming to NA.....