Thread regarding Ford layoffs

If any vehicle manufacture wants to sell new vehicles fro 2023 and beyond they need to be priced inline with what the majority of families can afford.
Housing is too expensive for the masses to afford 30k plus vehicles. This is a fact that very few are discussing. If im renting or living in my parents basement i will use public trans or buy used.

More money for ukraine, healthcare, lodging, food, for the invaders.
hold on to yer buts people this course is not sustainable. Wiz kids need not apply.

Investors and the market are well aware Ford is full of bs. Innovation, people first, all lies. Investors look at what leadership has accomplished ( eliminate experienced loyal workers so save a few dollars ! ) and judge accordingly. They also know where to place their bets - Ford is a data and subscription company now, laughable. Anyone remember when Mark F used to say Ford is a tech company, hey Farley, keep up the good work, you will be joing Mark soon at Hertz. But it's OK, lots of PEPs coming in the new year. If we're lucky, most of the resume builders will jump before being exposed( cough cough HP losers, Tesla losers ). Time is ticking, recession is coming, going to be a miserable 2023.

@1mvy Exactly my point. You have a $30K battery replacement on a vehicle you are still making payments on by year 5; the vehicle is worthless and you’re under water. What’s a credit score worth? Absolutely nothing because people rebuild them all the time. You honestly think all the new cars you see on the road are driven by good borrowers? LOL. Even more nefarious will be people committing insurance fraud if they don’t want to damage their credit score. EV Revolution, LOL. More like Devolution.

Investors know that it is all lies in the town hall meetings. They won't fall for that.

It is a shame that investors do not get to participate in our town hall meetings. I would bet that the outlook would be much better than what is reported here.

@1vqj+1kdF5AyY "people will just say take it, not making payments" ... this is an interesting theory. i wonder if that will happen when their battery goes bad and they have a $15k+ bill for a new battery, and also $20k remaining payments on their original $58k F150 lightning... the question is, how much is your credit rating worth, right?

And you’re surprised? When the company abandoned its core customer in pursuit of increased profit margin the revenue dropped. Our lineup sucks; they ballyhoo about the dark horse but that mustang is going to cost north of $60K, probably $70K after dealer markup. Lightning had another price hike to $58K. These vehicles are not worth that, and the people going into debt to buy them on longer term loans are just going to default. A 6 year car loan is going to age like milk, by year 4 when the vehicle is starting to show its age, people will just say take it, not making payments.

Well get a life jacket then because the ship is going down. This looks like Sears/Kmart from a few years ago. At this rate Ford may not see the end of 2023 without bankruptcy.

Nope I’m going down with the ship

Only getting worse. We told ya all to jump ship on November 30.

But somehow management exceeded their objectives and got 135% bonus last year. What will it be this year? Is there an LL that shouldn't be on a PEP?

Here is the problem, Ford is crowing about selling “more than 2,000” Lightnings in November, and only about 6,000 total EVs. We used to cancel vehicles that sold that small volume.
Motley Fool(ish):
“Ford sold more than 2,000 F-150 Lightning trucks in the U.S. in November as it ramps up production on the popular model. That still only represented about one-third of its EV sales, with the Mustang Mach-E being its higher-volume EV offering right now. “

Neither investors nor employees are impressed. Apparently the Board of Directors is oblivious, maybe they only read the press releases and believe all is well. Farley has been a Ford Executive for 15 years, CEO for two. If he hasn’t fixed the problems, he never will. He has overseen declining market share, declining quality, declining employee morale, and declining employee morale.

How much more must we endure before he decides he needs to spend more time with his family?

Accountability is a good thing. Ford executives and the Board should try it sometime.