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Ford in big trouble? #5385561 03/25/20 04:07 PM
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nickaluch Offline OP
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Moody's just downgraded Ford's credit rating to junk status. Possible merger with another car company?


2007 G6 beater.2012 E450 box truck. 2018 Chevy Traverse.2017 E450 box truck.2017 Chevy 3500 extend cargo van.
Re: Ford in big trouble? [Re: nickaluch] #5385562 03/25/20 04:10 PM
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KGMtech Offline
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The partner might be VW.


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Re: Ford in big trouble? [Re: nickaluch] #5385570 03/25/20 04:19 PM
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skyactiv Offline
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Re: Ford in big trouble? [Re: nickaluch] #5385573 03/25/20 04:21 PM
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JohnnyJohnson Offline
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Ford is in deep need of someone like Lee Iacocca.


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Re: Ford in big trouble? [Re: nickaluch] #5385575 03/25/20 04:23 PM
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bdcardinal Offline
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The current CEO is in over his head. You don't bring in a furniture salesman to run a multinational car company.


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Re: Ford in big trouble? [Re: nickaluch] #5385576 03/25/20 04:27 PM
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F_150_18 Offline
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i really dont understand why the common consensus is ford isnt doing well. if you actually look at the reports the actual equity of the company has steadily been climbing. They vehicles in general are selling very well. They had that charge last year for benefits but the company still made a lot of money. The company when you look at it objectively is extremely healthy. I can only assume that the stock is more weighted to potential future earnings? Look at telsa they havent made a dime yet but their the stock price was soaring before the current events

Re: Ford in big trouble? [Re: nickaluch] #5385579 03/25/20 04:31 PM
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AC1DD Offline
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The partnership is just a prelude to VW outright buying the company. Give it another few years and Ford will be a division of VW.

The current Ford CEO Hackett is incompetent and out of his league and should have never been hired in the first place this choice seemed to be insane when I first heard of it.

Re: Ford in big trouble? [Re: nickaluch] #5385604 03/25/20 04:51 PM
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Boomer Offline
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Just another symptom of the disease affecting Big Business in the US. A CEO is a CEO and can run anything. Heck, the guy who was president of the company where I worked for decades ran the place into the ground. When he left, he was suddenly on the board of Pfizer!! They would have done better hiring a business major right out of college. This "culture at the top" is a real disease in American business. It affects jobs, creativity, business prosperity and survival. Yet these guys serve on each other's boards, reinforcing their bad decisions by sending them rippling through other companies. It is kind of like a business "Corona virus" in my opinion.

Last edited by Boomer; 03/25/20 04:52 PM. Reason: Spelling

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Re: Ford in big trouble? [Re: nickaluch] #5385615 03/25/20 05:05 PM
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Ram02 Offline
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The problems with the botch launch of the Ford Explorer didn’t help either . Ford will adjust and be fine


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Re: Ford in big trouble? [Re: bdcardinal] #5385653 03/25/20 05:45 PM
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fdcg27 Offline
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Originally Posted by bdcardinal
The current CEO is in over his head. You don't bring in a furniture salesman to run a multinational car company.


Interestingly, I heard this guy in an NPR interview today.
He didn't sound like an idiot but rather a calm and thoughtful man with a solid grasp of Ford's potential problems who may well be as capable as anyone else of leading Ford through its current travails.
We all have what we think were hero CEOs, but they had their flaws and their blind spots as well.
Would be easy to name many names from many companies.


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Re: Ford in big trouble? [Re: nickaluch] #5385658 03/25/20 05:51 PM
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PimTac Offline
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Ford’s bond status has been junk for some time now.


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Re: Ford in big trouble? [Re: fdcg27] #5385663 03/25/20 06:01 PM
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bdcardinal Offline
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Originally Posted by fdcg27
Originally Posted by bdcardinal
The current CEO is in over his head. You don't bring in a furniture salesman to run a multinational car company.


Interestingly, I heard this guy in an NPR interview today.
He didn't sound like an idiot but rather a calm and thoughtful man with a solid grasp of Ford's potential problems who may well be as capable as anyone else of leading Ford through its current travails.
We all have what we think were hero CEOs, but they had their flaws and their blind spots as well.
Would be easy to name many names from many companies.


Ever since he took over they have been making tons of poor decisions on the parts and service end. Parts backorders have been at unacceptable levels for a few years now. They started a program a few months ago where there are no more list prices on many parts. We as a dealer have to pay an additional subscription fee to an outside company to get the dynamic list prices.


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Re: Ford in big trouble? [Re: nickaluch] #5385673 03/25/20 06:15 PM
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dbias Offline
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Ford lost me with the V6 with the internal water pump that leaks coolant into the oil. Ain't nobody got time for that.


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Re: Ford in big trouble? [Re: nickaluch] #5385681 03/25/20 06:23 PM
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Mike L. V. Offline
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Who cares. Another clickbait thread.

Re: Ford in big trouble? [Re: nickaluch] #5385693 03/25/20 06:42 PM
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gotnogunk Offline
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MIKE I CARE because this an American company, We had better get this under control and soon ,I do agree that this is part of the good old boy leadership and Board of Directors.


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