12.7 billion dollars
1/25/07, 10:51 AM
#4
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They relied too much on the F series being the #1 selling truck in NA, and then when gas prices shot up and the Truck/SUV market tanked so did the company. If they had half a brain they would reduced the produce line (Excursion) and other tough sellers then really gone for the ones that have profite and consumer appeal (F150/Mustang). Then to balance the gas issue, come out with cars that would really give Toyota/Honda some competition. Now they have to can thousands of people, close plants and now do the above only because the action is three years too late!
The good news is if Ford goes bankrupt your GT/CS will be a real collectors item.
The good news is if Ford goes bankrupt your GT/CS will be a real collectors item.
1/25/07, 09:49 PM
#6
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I know I cant speak for every region, but here in North Jersey most Ford dealerships have a bunch of crooked salespeople working in them, and it is very well known who they are. I know a lot of people that will not visit these dealerships because of their reputation...all Ford dealers.
1/27/07, 07:30 PM
#8
Here in Canada the sales are high , so it will be interesting to find out exactly why the short fall, It's my understanding that release was US based and not all Ford (areas) on the whole, so if true get some more Motherly female types at the helm to help make it work , of course they will need some male Inovative ideas to make it work !
1/27/07, 08:00 PM
#9
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Interesting
Domestics trail the Japanese by $2900 in per vehicle profit. The main reason there's such disparity is labor costs. Sure we've been hearing that line for a while, but check out the data supporting it. Health care alone accounts for $1,635 per vehicle for GM. That's how much they spend on every active AND retired worker. Toyota on the other hand doesn't have many retired workers, doesn't spend a dime on them, and only pays about $215 for health care for active workers. Add to that the $630 per vehicle GM spends on other union related costs like work rules, line relief and holiday pay, plus the $350 per vehicle pay UAW workers get for not working when plants are shut, and you start to see where part of the problem lies.
Domestics trail the Japanese by $2900 in per vehicle profit. The main reason there's such disparity is labor costs. Sure we've been hearing that line for a while, but check out the data supporting it. Health care alone accounts for $1,635 per vehicle for GM. That's how much they spend on every active AND retired worker. Toyota on the other hand doesn't have many retired workers, doesn't spend a dime on them, and only pays about $215 for health care for active workers. Add to that the $630 per vehicle GM spends on other union related costs like work rules, line relief and holiday pay, plus the $350 per vehicle pay UAW workers get for not working when plants are shut, and you start to see where part of the problem lies.
1/28/07, 08:47 AM
#10
Mach 1 Member
Thread Starter
Interesting
Domestics trail the Japanese by $2900 in per vehicle profit. The main reason there's such disparity is labor costs. Sure we've been hearing that line for a while, but check out the data supporting it. Health care alone accounts for $1,635 per vehicle for GM. That's how much they spend on every active AND retired worker. Toyota on the other hand doesn't have many retired workers, doesn't spend a dime on them, and only pays about $215 for health care for active workers. Add to that the $630 per vehicle GM spends on other union related costs like work rules, line relief and holiday pay, plus the $350 per vehicle pay UAW workers get for not working when plants are shut, and you start to see where part of the problem lies.
Domestics trail the Japanese by $2900 in per vehicle profit. The main reason there's such disparity is labor costs. Sure we've been hearing that line for a while, but check out the data supporting it. Health care alone accounts for $1,635 per vehicle for GM. That's how much they spend on every active AND retired worker. Toyota on the other hand doesn't have many retired workers, doesn't spend a dime on them, and only pays about $215 for health care for active workers. Add to that the $630 per vehicle GM spends on other union related costs like work rules, line relief and holiday pay, plus the $350 per vehicle pay UAW workers get for not working when plants are shut, and you start to see where part of the problem lies.
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