Ford Sales Rise
http://www.nytimes.com/2010/02/03/business/03auto.html?hp
I am starting to feel like Michigan (the state) is finally starting to come out a long, dark period. I'm hoping to eventually come back to Michigan from SoCal, but I can't if there aren't available jobs.
February 2nd, 2010 at 4:35 PM ^
proud owner of 100 shares, bought at 2.50 a share. Ford is now up at over 11 dollars. WHOOOO
February 2nd, 2010 at 4:35 PM ^
proud owner of 100 shares, bought at 2.50 a share. Ford is now up at over 11 dollars. WHOOOO
February 2nd, 2010 at 4:45 PM ^
the only thing showing happiness more than double post is ALL CAPS YYYYYEEEEAAAAHHHH
February 2nd, 2010 at 4:46 PM ^
I assumed ford would come back at some point at least a little, but geez those shares have flown. I'll give ford props for improving their cars. They seem to be rolling out higher quality stuff, now.
February 2nd, 2010 at 4:47 PM ^
Wow that $250 initial investment was a pretty big bet.
I hope you are 10 or 12 years old.
February 2nd, 2010 at 4:52 PM ^
I got 500 shares when it was at $1.97. Let's hope it continues to rise.
February 2nd, 2010 at 4:45 PM ^
Bought a 2010 Ford Fusion Hybrid last week; fantastic automobile: great handling, acceleration, comfort and 35+ miles/gallon.
February 2nd, 2010 at 4:57 PM ^
Was going to buy a Fusion but then noticed that the Focus was assembled buy our neighbors at a plant in Wayne, Michigan. They deserve support.
February 2nd, 2010 at 5:51 PM ^
I got to drive a Fusion for a few days while it was in limbo, so to speak...though, of course, I could never afford one for myself, someday when I can I'd love to have one. What a smooth handling ride...
February 2nd, 2010 at 4:46 PM ^
I am a Subaru owner right now...but I am leaning toward a 2010 Taurus. Really intrigued by the design.
February 2nd, 2010 at 5:05 PM ^
is so Enamored with the taurus I think it looks ridiculous, there is no ass end it just slopes off. I personally like the new Buick Lacrosse much better just my Opinion.
February 2nd, 2010 at 5:20 PM ^
You either work for GM or your dad does. No other reason to get so upset about an opinion.
February 2nd, 2010 at 6:23 PM ^
The new Taurus is definitely a sharp looking vehicle. I rode in one the other day and was extremely impressed with the interior and ride as well. Ford's definitely got some good mojo right now.
February 2nd, 2010 at 4:47 PM ^
The deal with all the toyota cars having the pedal stick I think is one thing helping ford sell more cars.
February 2nd, 2010 at 4:51 PM ^
Going to disagree there...I think it comes down to Ford "getting it" when it comes to design, quality and image. GM has a long way to go and Ford has easily surpassed them.
February 2nd, 2010 at 4:58 PM ^
toyota stopped sales of several major models for almost 2 weeks. so, for half of january. that, um, has an effect on january sales numbers.
i will agree though, that ford is making some good product.
February 2nd, 2010 at 5:03 PM ^
I'm going to disagree with your disagreement of the initial disagreement.
http://money.cnn.com/2010/02/02/news/companies/auto_sales/index.htm?hpt…
The Ford VP thinks the Toyota recalls are simply causing confusion in the market, without any significant benefit to Ford sales.
February 2nd, 2010 at 5:49 PM ^
He isn't going to say that we did well because Toyota F'ed up.
However, I believe Ford's 2009 Q4 profit was it's highest in a long time, so that was before the Toyota issue.
February 2nd, 2010 at 6:05 PM ^
Ford's January numbers were "disappointing" (see article). From that, I don't think you can assume Ford "did well" because of Toyota's recalls.
February 3rd, 2010 at 12:26 AM ^
I'm going to disagree with your assertion that GM has a long way to go. There are a number of new Chevy vehicles that I think are very sharp and compete with the Japanese very well, the Malibu, the Traverse, the Equinox, to name a few. Also, the Buick cars are way ahead of where they were 5-10 years ago. I would love to drive a LaCrosse. Cadillacs have been sweet for about the last 5 years (all of them) and GMC has always been good, for the most part.
I agree that Ford is on the upswing, but the GM line is close behind, if not just as good. Plus they have Howie Long.
February 3rd, 2010 at 12:43 AM ^
GM should no longer exist today. Neither should Chrysler. They survive by the grace of the taxpayers (who didn't want to save them in the first place).
GM still hasn't brought in anyone to fix the problems. I don't think the chairman that oversaw everything is going to now be able to solve the problems.
February 2nd, 2010 at 4:48 PM ^
Looks like it's time to trade in my Dodge Stratus.
February 2nd, 2010 at 5:00 PM ^
I AM A DISTRICT MANAGER! PEOPLE RESPECT ME!
February 2nd, 2010 at 4:52 PM ^
I think this a brilliant move by Ford, tapping into the green marke....oh you said sales, not sails. Nevermind.
February 2nd, 2010 at 4:58 PM ^
My dad's company car is a Ford 500. Plain and simple: It's not good. Not very comfortable, pretty cheap interior, you can see the hood denting as you drive on the highway, etc. They just weren't thinking when they made the car. I guess the only positive I have about it is that it is very roomy. The new Taurus, on the other hand, looks pretty solid. That's a car I'd actually consider buying, although I won't. I'll stick with my Civic for a while.
February 2nd, 2010 at 4:59 PM ^
The 500 was discontinued in like 2005 I think. It was off some last gen Volvo platform and kind of blows.
February 2nd, 2010 at 5:01 PM ^
as aztec is to gm
February 2nd, 2010 at 5:04 PM ^
the wayward result of an attempt to improve the microwave?
February 2nd, 2010 at 5:11 PM ^
Two years ago I leased a 2009 Acura TSX (which is Honda's luxury division for those that don't know). With Honda's reputation, I was unpleasantly surprised as the car seems very cheaply made.
Anyway, I'm glad I didn't buy it because I think the American companies are starting to turn things around and I will proudly buy an American car when my lease expires. Right now I'm leaning toward a Taurus or a 4-door Wrangler.
February 2nd, 2010 at 5:18 PM ^
TSX is a Euro-spec Accord with better trim.
February 2nd, 2010 at 5:25 PM ^
If you're looking at a Taurus, I'd recommend looking at the Chevy Malibu. I've put about 80,000 miles on my '05 Malibu, and I love it. 32 MPG, and I haven't had to fix a single thing yet.February 2nd, 2010 at 6:18 PM ^
I'd knock on wood if I were you.
February 2nd, 2010 at 6:27 PM ^
A 4-door Wrangler is no Wrangler at all, IMHO. I see the draw, it's just not for me.
February 2nd, 2010 at 9:01 PM ^
The 500 was a disaster to put it lightly...however it was put out pre - Alan Mulally as CEO. It's not an exaggeration to say pretty much EVERYTHING about how that company operates globally has changed since then.
Mark it....Mulally will end up in the CEO hall of fame (if there was one). What he's done with Ford since being brought in has been impressive.
February 2nd, 2010 at 5:26 PM ^
I love to hear this because I just got a 2002 Windstar from my grandma over last summer. Great van, purrs like a kitten, and it only has 80,000(!) miles on it.
Problem is is that the geniuses who built it gave it a 26 gallon gas tank and an 18 MPG fuel efficiency.
Beyond that though, even though my grandpa worked for Chrysler and my family has traditionally bought Chrysler, I will probably invest in a Ford next car I buy, just because I like what they're doing.
February 2nd, 2010 at 6:03 PM ^
What's wrong with a 26-gallon tank? You'd like one that's smaller?
February 2nd, 2010 at 5:56 PM ^
It took a guy from a completely different industry(Boeing), but I think they really have turned the corner.
February 2nd, 2010 at 9:07 PM ^
I wouldn't call him shrewd....
Yeah he has cut costs across the board, but Ford (like most automotive companies) was bloated and inefficient. Just because he streamlined their global business and leveraged their massive scale doesn't necessarily make him shrewd.
CEOs bounce from industry to industry all the time. Boeing and Ford are both manufacturing based...not a big jump.
February 2nd, 2010 at 9:37 PM ^
"Just because he streamlined their global business and leveraged their massive scale doesn't necessarily make him shrewd."
What else, exactly, would you expect him to do? Or are you just going to nitpick the use of the word shrewd?
February 6th, 2010 at 2:27 PM ^
I suppose I took his use of "shrewd" to mean his goal was short-sighted cost-cutting as opposed to simply being a good businessman. So yes, I was nitpicking in a sense.
I was hoping to point out that he not only cut costs globally but set Ford up to be successful and quite possibly the industry leader for many years to come (read vision for long term success).
February 2nd, 2010 at 6:11 PM ^
USA! USA!
February 2nd, 2010 at 6:38 PM ^
I've been a loyal Subaru driver for years, but I test drove a Ford Escape Hybrid last week and loved it.
I'm 37 and this is the second time as a consumer that Ford has made a car that had me thinking, "Yeah, I'd like that." The last time was when the Explorer first came out.
So...twice in 20 years. Not too bad.
February 2nd, 2010 at 6:38 PM ^
I thought for sure Ford would file for bankruptcy last summer, so I stayed away from them and instead bought a shitload of Citigroup and AIG stock. Not a bad decision, but neither stock has increased as much as Ford's has.
February 2nd, 2010 at 7:57 PM ^
This thread needs more Stanzi.
February 3rd, 2010 at 6:52 AM ^
and I love it, getting 30 mpg's on the highway and about 24 city. The interior is outstanding but the radio could be a little better.